Fiji Time: 1:25 PM on Tuesday 21 April

Fiji Times Logo

/ Front page / Business

BRIEFLY

Bbc.Co.Uk
Friday, January 04, 2013

Airline troubles

INDIA'S troubled Kingfisher Airlines has lost its flying permit after a deadline to renew its suspended licence expired, the aviation regulator said. The debt-ridden carrier has been grounded since October after repeated strikes by workers over unpaid wages. The airline said there was no cause for concern as rules allowed the renewal of a permit within two years of expiry. Kingfisher has $US1.4b ($F2.47b) in debts and it is looking to raise funds after lenders refused to give fresh loans.

Cash scheme

INDIA has rolled out an ambitious plan for a cash payout of subsidies to the poor in 20 districts, officials say. Finance Minister P Chidambaram said the scheme would benefit more than 200,000 people initially, and would cover the entire country by the end of 2013. Authorities say it will bring the country's poorest citizens "into the mainstream". But opposition parties have accused the government of "bribing the voters" ahead of the 2014 general elections. The government plans to disburse 3,200b rupees ($F104.1b) under the Direct Benefit Transfer scheme. Indian authorities say around 360 million people live in poverty. But one estimate suggests around three-quarters of India's 1.21 billion people live below the poverty line.





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. The murder of a schoolteacher
  2. Unclaimed body laid to rest
  3. Winner pulls out
  4. $30k win for couple
  5. Wife wished cancer for hubby
  6. Fisherman in hospital after collision at sea
  7. Project funding
  8. Chiefly family to decide on Tui Bua position
  9. FEA shares on offer
  10. $10m music

Top Stories this Week

  1. Gang rape Monday (20 Apr)
  2. It's a lie Wednesday (15 Apr)
  3. Bloody Sunday Monday (20 Apr)
  4. Death shatters dream Monday (20 Apr)
  5. Fatal trip Thursday (16 Apr)
  6. A fair trial, says Singh Wednesday (15 Apr)
  7. Ro Teimumu makes a stand Wednesday (15 Apr)
  8. Son's death shocks family, police investigate brother Saturday (18 Apr)
  9. Wish for son's death Monday (20 Apr)
  10. Five years in exile Friday (17 Apr)