News: Andhra Pradesh Government is going to auction 3,500 tonnes of seized red sanders wood in the second phase on an electronic platform by inviting global tenders in June, hoping to seize a revenue of Rs 1,000 crore.  Sale Profits: The first phase of global auction for 2,694 tonnes red sanders ...

News: Air India is facing increasing competition from other service airlines in domestic and international routes. So, the civil ministry has asked SBI Capital Markets to review Air India’s turnaround plan in view of changes in the operating environment and the airline’s inability to reduce losses. Description: In 2015, the airline ...

Agreement : During Obama’s visit, both countries had identified four “pathfinder projects” as well as decided to explore development of aircraft carrier technologies and jet engines. With the step towards the same, India and US have signed a new strategically important 10-year defence framework agreement setting the stage for co-development and ...