Lockheed Martin is competing with Boeing's F/A-18, Saab's Gripen, Dassault Aviation's Rafale, the Eurofighter Typhoon and a Russian aircraft to supply the Indian air force

Pratt and Whitney (P&W) engine woes have forced both IndiGo and its smaller rival GoAir to ground some of the A320neos.

The agency says India's revenue will clock a deficit of0.5 per cent of the GDP in FY20 due to a higher growth in revenue expenditurethan in revenue receipts.

Nepal Rastra Bank on January 20 issued a circular prohibiting Nepali travellers, banks and financial institutions from holding or carrying and trading Indian bank notes higher than Rs 100.

The meeting, scheduled for January 24, will deliberate on the challenges confronting the aviation, travel and tourism (ATT) sectors and the key takeaways should help in potential policy reforms for these industries, and will be chaired by SpiceJet chairman and managing director Ajay Singh, SpiceJet said.

Vodafone Idea asks 2 years extension for Rs 10,000 crore spectrum paymentTelecom operator Vodafone Idea has sought a two-year moratorium on annual spectrum payment of about Rs 10,000 crore, citing high debt levels and stress on the balance sheet. In five auctions, Vodafone alone had acquired spectrum worth Rs 79,343 crore.  Idea too had purchased spectrum worth Rs 63,597 crore in those auctions.India's richest 1% gained Rs 2,200 crore a day in 2018: OxfamIndian billionaires saw their for...