Civil Aviation Ministry News

News

Shipping Ministry, MoCA sign pact to develop seaplane services in India

A total of 28 seaplane routes and 14 water aerodromes in Gujarat, Assam, Telangana, Andhra Pradesh, Andaman and Nicobar islands and Lakshadweep are in various stages of development at a cost of ₹450 crore, informed Civil Aviation Minister Hardeep Singh Puri

2 min read15 Jun 2021
News

Ready to fly Indians when Saudi Arabia eases restrictions, says govt

Some countries, including Saudi Arabia, have not removed restrictions on the entry of Indian nationals, the Civil Aviation Ministry said on Twitter

1 min read25 Nov 2020
News

Redbird flight academy rolls out first batch of 15 trained drone pilots in India

The certificates to the 15 drone pilots, who completed their five-day training course at the Baramati-based academy in Maharashtra, were given by ministry Joint Secretary Amber Dubey

1 min read7 Nov 2020
News

International flights: Eligibility rules for travelling to US, UK, Canada, 10 other countries

Air transport bubbles are temporary arrangements between two countries aimed at restarting commercial passenger services when regular international flights are suspendedIndia currently has air transport bubbles with 13 countries, while more such agreements are on the pipeline

6 min read20 Sep 2020
News

Govt updates self-declaration form for flyers as Covid-19 recovery improves

India resumed domestic passengers flights from May 25 after a gap of two months due to the coronavirus pandemicOn May 21, the government had made it mandatory for all passengers to submit the self-declaration form before a flight

1 min read12 Jul 2020
Companies

SpiceJet for more wide-body jets, government vets incentive plan

SpiceJet had written to the government think-tank Niti Aayog pointing out that foreign airlines were taking away 60% of India's international trafficIt suggested that a large part of this traffic could have been captured by Indian carriers in case they had fleet of wide-body aircraft

1 min read4 Nov 2019
Companies

Air India plans to bring all 17 grounded aircraft back into operation by Oct-end

Air India plans to use these aircraft on the new routes where it will start flying soonThese eight aircraft include four from A320 family, one B747, one B777 and two B787s

1 min read23 Jul 2019
Companies

Air India deal to be sweetened further with 100% stake offer

The government has decided to come out with the preliminary information memorandum (PIM) inviting EoI by the first week of JulyThe government had last year initiated the process to sell majority 74 % stake in the national carrier

1 min read4 Jun 2019
News

Modi 2.0 to raise UDAN budget for common man

In the first round of UDAN bidding, the government in March 2017 awarded 128 routes to five airlines for 43 un-served destinationsCivil Aviation Ministry has prepared the proposal seeking additional funds for the Centre's flagship scheme

1 min read30 May 2019
News

Cyclone: 'DGCA will issue revised guidelines to airlines as and when necessary'

Cyclone 'Fani' rolled through Odisha on Friday, packing rain and windstorm that gusted up to 175 kmphDGCA on Friday said no flights will depart or arrive at Kolkata airport from 3 pm Friday to 8 am Saturday in view of the cyclonic storm 'Fani'

1 min read3 May 2019
Load More

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

The Derivatives Boom

Everyone wants to be a millionaire. While trading in equities seems to be a popular way of doing that, investors these days have taken to derivatives trading to get rich quickly. But with all such ‘get-rich-quick’ schemes, there's a huge caveat: only ten percent of investors in the futures and options trading segment make any money. SEBI, the markets regulator, has directed brokers to run disclosures explaining the risks of F&O trading on their websites — but that doesn't seem to deter investors. Trading volumes in derivatives hit a record in August, while average daily turnovers have surged 34.5 times from FY19. Zero-day trading options, that have cash settlements and are cheaper than monthly options, have led the charge. So what are futures and options? This collection contains explainers, deep dives and perspectives from experts. Follow Mint's in-depth coverage into this increasingly popular segment.

2 Articles
HomeMarketsPremiumFor youGet App