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Commerce ministry meeting industry, exporters on India-US trade on Sept 1

The Commerce Ministry will meet with industry associations and representatives of export promotion councils on September 1 on India-US trade performance, an official said. The meeting will be chaired by Additional Secretary in the ministry Darpan Jain. He is also the country’s chief negotiator for the India-US bilateral trade agreement (BTA). The deliberation is important…

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DGCA flags safety issues with Tecnam aircraft before Kanpur crash

Aviation regulator DGCA had flagged safety issues concerning Tecnam aircraft over a month before a Tecnam P2006T training aircraft crashed in Kanpur on August 27, killing a trainee pilot and an instructor. The Directorate General of Civil Aviation (DGCA) had also issued safety recommendations to flying training organisations (FTOs) concerning the Tecnam aircraft and asked…

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NCLAT upholds 'clean slate' principle, rejects Sintex shareholder claim

The Insolvency Appellate Tribunal NCLAT has affirmed the “clean slate principle” under the Insolvency and Bankruptcy Code (IBC), which bars any attempt to reestablish pre-resolution shareholders’ rights, and rejected the claims of a shareholder of Sintex Industries. A two-member NCLAT bench dismissed the appeal by a Kerala-based investor seeking around Rs 110 crore in compensation…

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RSS Chief Mohan Bhagwat urges Indian diaspora in US to embrace diversity

Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat said that unity in diversity is in Bharat’s DNA, underscoring that it has to be “celebrated, respected and accepted.” Addressing over 6,000 members of the Indian-American community and interfaith leaders at a mega rally at Infosys Theatre in the iconic city Madison Square Garden on Saturday, Bhagwat gave…

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