Centre says no policy bars airport operators from owning airlines, confirms AAI receiving waiver request

The government stated no policy prevents airport operators from holding airline equity. However, existing contracts may restrict such cross-ownership arrangements. Airports Authority of India received a waiver request for these contractual restrictions. This request is currently under examination by the Ministry of Civil Aviation. Incumbent airlines have voiced concerns about potential conflicts of interest.

Govt introduces bill in LS to restrict state taxes on mineral rights

The Centre has launched a new bill to limit state taxation on mineral rights, aiming to centralize authority over selected mineral-rich areas. This legislation seeks to ensure a consistent fiscal framework for mineral resources across different states. Despite the government’s justification focusing on economic investment and efficiency, members of the opposition expressed significant concerns regarding…

₹60 crore to ₹600 crore: Meet India’s ulra-rich buying homes that cost more than private jets

India’s ultra-luxury housing market is experiencing significant growth and expansion. Gurugram is emerging as a strong contender in high-value property transactions. Homes priced above ₹20 crore are seeing substantial sales increases. Meanwhile, the supply of affordable homes is declining across major cities. This indicates a widening gap in the Indian property market.

Airtel Business, ITI partner to jointly provide digital solutions to enterprises

Airtel Business and ITI Ltd have partnered to offer digital solutions to enterprises. This collaboration aims to enhance Airtel’s share in the public sector market. They will combine high-speed connectivity with secure data center and cloud services. The partnership will also support the nation’s defence and security needs. Both companies will jointly address cybersecurity risks…

‘Narendra naam se nafrat’: Berwal’s Pak boxer story leaves PM Modi laughing

Prime Minister Narendra Modi heard memorable stories from India’s Commonwealth Games medalists. Boxer Narender Berwal shared an amusing anecdote about a Pakistani opponent’s reaction. Jadumani Singh recounted his significant victory on Kargil Vijay Diwas. He dedicated his win to Indian Army heroes, which Modi praised. India achieved its best-ever boxing haul at the Glasgow Games.