The two budget carriers have been grappling with P&W engine problems, which has even led to grounding of some A320 neo aircraft. Together, they have around 82 such planes in their respective fleet.

There have been enough pointers since the Budget announcements in February to show that the government's finances are perhaps not in a great shape.

RBI Deputy Governor Viral Acharya compared government's 'myopic' economic policies to a T20 cricket match, in contrast to the long-term planning of a central bank, which he called a Test match.

Eight of top 10 companies lose Rs 1.35 lakh crore in market valuationEight of the 10 most valued Indian firms suffered a combined loss of Rs 1,35,162.15 crore in market capitalisation last week with benchmark BSE Sensex diving around 3 per cent. TCS, RIL and Infosys took a severe beating in market valuation while only two bluechips, HDFC and ICICI Bank, managed to record gains in market capitalisation (m-cap) for the week ended Friday.UIDAI asks banks to use Aadhaar eKYC for DBT u...

Earlier this month, the Finance Ministry began the budgetary exercise for 2019-20. During the process, meetings will be held with different ministries to finalise revised expenditure for the current fiscal and projections for the next financial year.

Central government's fiscal deficit reached 95 per cent of the budget estimate for the financial year 2018-19 by the end of first half of the fiscal, on the back of lukewarm revenue collections.

The stock price of largest OMC, Indian Oil tanked from Rs 155.80 to Rs 122.7, since Jaitley's announcement.

The International Solar Alliance is tasked to develop a skilled workforce for the sector.