DGCA cracks down on airlines after incidents of mishaps rise; finds several flaws & more

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INDUSTRY   DGCA cracks down on airlines after incidents of mishaps rise; finds several flaws   After several Indian airlines reported mid-air mishaps related to faulty engineering, among others, in recent times, DGCA ordered a slew of instructions to keep a check on such incidents. It has also mandated compliance to the instructions by July 28, 2022.

TELECOM   Reliance Jio signals massive intent on 5G front with deposit of Rs 14,000 cr   In an indication of the way the 5G auction is set to shape up, Reliance Jio has deposited earnest money of over 2.5 times that of Bharti Airtel, and 6.3 times of Vodafone Idea.

TELECOM   Gautam Adani is not taking on Mukesh Ambani in telecom   Based on the earnest money deposit, some analysts expect that Reliance Jio is now eligible to put in bids of up to Rs 1,27,000 crore, Bharti Airtel up to Rs 48,000 crore, and Adani of around Rs 700 crore, by some estimates.

ECONOMY   New GST rates, applicable from today, to impact household budgets   With taxes hiked on daily essentials like packaged kitchen items and low cost hotel rooms, burden is set to go up for the common man.

INTERVIEW   'Nice to have banks running after you': Harsh Goenka shares success mantras   Harsh Goenka, Chairman of RPG Enterprises, shares his views on diversification, M&As, happiness and how companies can deal with uncertainty.

HEALTHCARE   Start-ups are disrupting the medical tourism space. Here's how   Medical tourism was always popular in India but now start-ups are entering the fray to offer end-to-end solutions for visa, travel, accommodation, doctor/hospital rankings -- all squeezed into one single package.

CRYPTO   Global collaboration required to implement crypto ban: Nirmala Sitharaman   In the Monsoon Session of the Parliament, the Finance Minister shed light on the RBI's stance on cryptocurrencies when she was asked about the same during parliamentary proceedings on Monday.

ECONOMY   Finance Ministry clears air on the depreciation of the rupee, says global factors responsible   In a reply in the Lok Sabha, the ministry said, "global factors such as the Russia- Ukraine conflict, soaring crude oil prices and tightening of global financial conditions are the major reasons for the weakening of the Indian Rupee against the US dollar."

ECONOMY   28% GST on online gaming set to be proposed this week   Finance ministers from seven states will meet later this week to finalise the levy of goods and service tax on the sector.

TRENDING   SC orders 'no precipitative action' against Mohd Zubair in 6 FIRs registered in UP   The bench of Justices DY Chandrachud and AS Bopanna issued notice on the writ petition filed by Zubair seeking to quash the FIRs registered against him and listed the matter day after tomorrow.

PANORAMA   In Pics: Full list of 14 Presidents of India   Current President Ram Nath Kovind's tenure will end on July 24 and the preparations are in full swing for his post-retirement life.

BT TV   FM Nirmala Sitharaman on global collaboration for tackling food insecurity   Union Finance Minister Nirmala Sitharaman speaks during the High-Level Seminar On Strengthening Global Collaboration for Tackling Food Insecurity on the sidelines of G20FMCBG in Bali.

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