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Pakistan to scrap major CPEC power project

The decision to scrap the 1,320 MW Rahim Yar Khan power project was taken to avoid over capacity, after the CEPC projects added $28.43 to Pakistan’s overseas debt and brought about a $39.83 billion repayment obligation over the next 20 years

Govt to extend Udan flights to international destinations

Modi government’s Udan would be going international with flights to Thailand and Bangladesh for as low as Rs2,500, say reports, quoting sources in the aviation ministry

Naresh Goyal to end control of Jet Airways, Etihad to raise stake to 49%

While Naresh Goyal’s stake in Jet Airways will be brought down to around 20-25 per cent and his voting rights brought down to 10 per cent, Goyal's son Nivaan Goyal is likely to be included as non-executive director once a resolution plan is finalised, say reports

China's 2018 trade surplus with US peaks to $323.32 bn

Beijing’s exports have been more resilient to tariffs compared to US exports helping China to raise its exports to US by 11.3 per cent while US exports to China grew at a mere 0.7 per cent in the whole of 2018

Infosys offers Rs10,000-cr buyback and dividend after profit fall

Infosys reported a 29.62 per cent drop in consolidated net profit to Rs3,610 crore for the December quarter against a Rs5,129-crore net profit in the corresponding quarter last year

Jet Airways back on the table for stake sale talks with Tatas: report

If Jet Airways, which has overdue debt and payments to staff, lessors and airports, fails to find an investor or financier, the airline could go the Kingfisher way

Alok Verma shunted out of CBI, appointed DG Fire Services

Verma has been posted as DG of Fire Services, Civil Defence and Home Guards and CBI Additional Director M Nageshwar Rao, who was in charge during Verma’s exile, will continue to look after the duties of the director, CBI until further orders

Govt offers GST sops to small businesses

The Goods and Services Council at its meeting today decided to raise the threshold limit for exemption from registration and payment of GST for supplier of goods to Rs40 lakh while also keeping the Rs20 lakh limit, leaving it to the states to decide

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All you should know about UK Business Visa

The Tier 1 Visa to UK is one of the fastest and securest ways to obtain UK residency and then apply for citizenship after a certain period of time, says Ajay Sharma President, Abhinav Outsourcings Pvt. Ltd

Electric vehicles: who will bell the cat first?

Greenfuel Energy Solutions promoter Akshay Kashyap, an advisory committee member of the Automotive Research Association of India (ARAI) for CNG application, and a member of the Automotive Component Manufacturers Association of India – Sustainable Technology Development Committee shares his perspective on green vehicles with domain-b's Nithin Rao

Smart last-mile transport is need of the hour

With the cycle rickshaw a thing of the past, auto-rickshaws too polluting and e-rickshaws yet to gain momentum, what India needs for its burgeoning cities is smart last-mile transportation, says Anuj Prasad, founder & CEO of industrial design studio Desmania

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