Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Two US airlines pare ties with Jet after FAA downgrade

Feb 02 2014, 12:16 IST
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As soon as it is established that we have met all the requirements, India can regain its position. Reuters As soon as it is established that we have met all the requirements, India can regain its position. Reuters
SummaryUnited Airlines, American Airlines suspended code sharing pact with Jet Airways, the two Indian carriers that fly to US.

team, in a visit in September last year, raised 31 issues with DGCA’s oversight mechanism.

Of this, 24 issues had been addressed and seven were unresolved by the time a second FAA delegation paid a visit in December.

“We are hopeful that when we complete the training of the inspection officers by March, the FAA will review this. As soon as it is established that we have met all the requirements, India can regain its position,” India’s civil aviation minister, Ajit Singh, said on Friday.

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