See-saw ASX up 1.4% as miners shine



(existing subscribers)

The password field is case sensitive.

Request new password

Problems, questions, feedback? Please call +61 8 9288 2100

(function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); = id; js.src = ""; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); …

Govt revives flexible use of airspace policy, move to help airlines


officials hope that a push from Prime Ministers’ Office will help in achieving efficient use of and save costs for

While the aviation sector has been clamouring for fund infusion and tax benefits, Finance Minister today announced efficient use of airspace, privatisation of six airports of Airports Authority of India and development of maintenance repair overhaul hub as a part of government package for aviation.

Sitharaman said only 60 per cent of Indian is freely available and restrictions will be eased so that flying takes less time. She added that this will result in annual saving of around Rs 1,000 crore for

However the policy initiative is not new.

The government had formulated flexible use of air space policy in 2014. The policy allowed for civilian flights through military on certain conditions. For instance a flight route would be available for only during certain hours of the day or there were restrictions on the height for civilian aircraft passing through military airspace.

“But the policy was not really implemented. Now we hope that with

More enquiries for hatchbacks post easing of lockdown, says Maruti Suzuki


The country’s largest passenger car maker has said that a few days after it started sales after the easing of the lockdown, it is seeing more enquiries for hatchbacks than for sedans or SUVs. The company expects greater offtake by first time buyers seeking functionality than by existing car owners wanting to upgrade, during these difficult times.

While the company used to report bookings of around 4,000-5,000 cars every day prior to the imposition of the on March 24, following the partial lifting of restrictions, it has received some 6,000 bookings within a week.

The company says that is a positive trend as the number of bookings it gets every day is on the rise. This is in line with its expectations on the revival of consumer confidence. Maruti is going all out to ensure safety at its showrooms, said Shashank Srivastava, Executive Director – Marketing & Sales, India.

The firm opened 1,150 showrooms by middle of this week the and has delivered a little under 3,000 vehicles.

“Going by the trend of enquiries and the bookings, hatches seem to have increased in percentage. Almost

France Arrests Fugitive ‘Financier’ Of Rwanda Genocide


France on Saturday arrested Felicien Kabuga, one of the last key fugitives wanted over the 1994 Rwandan genocide, leaving him facing a likely trial at an international tribunal after a quarter of a century on the run.

Kabuga, once one of Rwanda’s richest men, was living under a false identity in the Paris suburbs, the public prosecutor’s office and police said in a joint statement.

Agents swooped on his home at dawn, finding an 84-year-old man “who has been sought by the judicial authorities for 25 years”, the statement said.

Around 800,000 people — Tutsis but also moderate Hutus — were slaughtered over 100 days by ethnic Hutu extremists during the 1994 genocide.

Kabuga was arrested at his home in Asnieres-sur-Seine north of Paris and had been hiding with the complicity of his children.

The police statement described him as “one of the world’s most wanted fugitives”.

The news was hailed in Rwanda.

Floral offerings at a mass grave at the Kigali Genocide Memorial
 AFP / Yasuyoshi CHIBA

“Capturing Felicien Kabuga is very welcome and a commendable act that serves justice… our wish as the umbrella body for genocide survivors is for him to be deported and tried in Rwanda

Proposed marketing reforms will to boost agri biz investments: experts


Nirmala Sitharaman’s announcement regarding the enactment of a Central law to provide adequate choices to to sell produce at attractive prices and allow barrier-free inter-state trade will go a long way in ensuring the cultivator gets a better remuneration for his crop.

As of now, states are controlling the law governing APMCs and its political reach.

“Amendments to the Essential Commodities Act, reforms in agricultural marketing and risk mitigation through predictable prices will empower farmers, strengthen agri-food processing linkages and enable demand-driven value added agriculture. The reforms will encourage in food processing and together with the infrastructure outlays will contribute in shaping a competitive agri value chain, reduce wastages and raise farmer incomes,” said Sanjiv Puri, Chairman, ITC Limited.

Relieving from compulsion to sell their produce using Agriculture Produce Marketing Committees (APMCs) will prove a major relief under scenarios of both, scarcity and abundance. Bringing the produce to mandi and selling to the middleman at the price asked for not only reduces the cultivator’s chance of getting a fair price, but also adds to his cost.

ALSO READ: Gujarat’s labour law exemption

Subscribe Now