Business

New Delhi, Jul 3 (PTI) The government is committed to the disinvestment of national carrier Air India and the plan is to make it more operationally viable before disinvesting it, Civil Aviation Minister Hardeep Singh Puri told the Rajya Sabha Wednesday.

Replying to supplementaries during Question Hour, the minister said there has been a steady improvement in finances of Air India and the airline is set to make profit during the current financial year.

He said Air India is currently making a revenue of Rs 15 crore everyday.

Kanpur: Jajmau is a fast growing town both in terms of population and business. It is still famed as leather hub, though much of its work has shifted to Unnao side and other areas. But Jajmau is still synonymous with leather.The tanneries were so big as the work used to be done inside its precincts.

With passing of days the shops were spread particularly from Nai Chungi to the road turning towards Galla Godam. If we look at simply the length of the road, it is neiher good nor wide enough. On both the sides of the road there remains usual traffic jam with visible encroachments.

New Delhi, Jul 3 (PTI) The Union Cabinet gave its approval on Wednesday to the proposals for leasing out three major airports -- Ahmedabad, Lucknow and Mangaluru -- of the Airports Authority of India (AAI) through public-private partnership (PPP), an official spokesperson said.

Earlier this year, the Adani group had won the bids to operate the three airports for a period of 50 years.

The Adani group had also won the bids to operate the Jaipur, Guwahati and Thiruvananthapuram airports, owned by the AAI.

ROME, July 4. /TASS/: Russian President Vladimir Putin believes that the percentage of votes received by him at the elections does not affect achieving the country's development goals. The main obstacles are unfavorable economic realities and external pressure, he said in an interview with Corriere della Sera on the eve of his official visit to Italy.

WASHINGTON (AP) — President Donald Trump on Wednesday accused China and Europe of playing a “big currency manipulation game.” He said the United States should match that effort, a move that directly contradicts official U.S. policy not to manipulate the dollar’s value to gain trade advantages.

In a tweet, the president said if America doesn’t act, the country will continue “being the dummies who sit back and politely watch as other countries continue to play their games — as they have for so many years.”

TEHRAN, Iran (AP) — Iran’s president warned that Tehran will increase its enrichment of uranium to “any amount that we want” beginning on Sunday, putting further pressure on European nations to save its faltering nuclear deal and offer a way around intense U.S. sanctions.

President Hassan Rouhani’s threat, combined with Iran surpassing the stockpile limits of the 2015 atomic accord, could narrow the estimated one-year window it would need to produce enough material for a nuclear weapon, something Iran denies it wants but the deal sought to prevent.

TOKYO (AP) — Shares opened higher in Asia on Thursday, tracking the ascent by major U.S. indexes to record highs.

The rally follows a slight easing of trade tensions between the U.S. and China after they agreed to refrain from new tariffs pending a new round of negotiations. That has relieved some pressure on markets, though the trade war still overshadows the global economic outlook.

KUALA LUMPUR, July 3 (NNN-Bernama) — The first prototype of air mobility is expected to be launched as early as October, said Entrepreneur Development Minister Datuk Seri Mohd Redzuan Md Yusof.

He said the development of the prototype involved several private companies and does not involve government spending.

“The air mobility industry is among the new entrepreneurship areas which have been identified to have high potential in the local and international markets, particularly in the infrastructure, security and agriculture sectors.

TEHRAN, Iran, July 3 (NNN-TASNIM) – Iran, Syria and Iraq have agreed to build a multi-modal transport corridor, to boost trade relations among the three nations.

“The three countries have agreed to establish a multi-modal transport corridor from Iran through Iraq to Syria,” Iranian Deputy Minister of Roads and Urban Development, Shahram Adamnejad, said.

“The three friendly and brotherly countries have good and growing business relations,” Adamnejad said.

3 July 2019; DW: The European Council proposed German Defense Minister Ursula von der Leyen to become European Commission president, European Council President Donald Tusk said Tuesday.

Von der Leyen, a member of German Chancellor Angela Merkel's conservatives (CDU/CSU), would be the first female Commission president if confirmed by the European Parliament. Her nomination needs an absolute majority of the chamber's 751 members to be ratified.