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No pandemic-era fees for DIAL, 2-yr contract extension granted: HC

March 11, 2025

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The Morning Standard

THE Delhi High Court recently upheld an arbitral award exempting Delhi International Airport Limited (DIAL) from paying annual fees to the Airports Authority of India (AAI) during the COVID-19 pandemic.

- SHEKHAR SINGH

No pandemic-era fees for DIAL, 2-yr contract extension granted: HC

The ruling, delivered by Justice Dinesh Kumar Sharma, not only reinforces the principle of force majeure (extraordinary event negating contractual obligations) but also extends DIAL's operational tenure by two years, acknowledging the catastrophic financial impact of the pandemic on the aviation industry.

المزيد من القصص من The Morning Standard

The Morning Standard

Talking therapy

Perfect Family cast Girija Oak Godbole, Manoj Pahwa, and Neha Dhupia, and producer Pankaj Tripathi reflect on mental health battles, & the Indian family’s obsession with children and parenting

time to read

3 mins

December 03, 2025

The Morning Standard

Rupee slumps to 90-mark; falls 5.35% against dollar in 2025

RUPEE continues to depreciate as it breach psychologically sensitive 90-mark during the day’s trade before closing at 89.87 on Tuesday

time to read

1 mins

December 03, 2025

The Morning Standard

3rd indigenous N-sub to be commissioned soon

INDIA is preparing to strengthen the naval arm of its nuclear triad, with Navy Chief Admiral Dinesh K Tripathi announcing on Tuesday that the third indigenous nuclear-powered submarine, INS Aridaman, is in “final stages of trials” and “will be commissioned soon”.

time to read

2 mins

December 03, 2025

The Morning Standard

The Morning Standard

Trade licence to merge with property tax

MCD has fixed trade licence fee at 15% of applicable property tax in a major boost to ease of doing business

time to read

1 mins

December 03, 2025

The Morning Standard

The Morning Standard

Siddu, DKS send ball to Delhi court

K’taka CM hints opinions of Sonia & Rahul will guide the decision for change in top post

time to read

2 mins

December 03, 2025

The Morning Standard

RBI retains SBI, HDFC, ICICI as D-SIBs in '25

THE RBI has retained State Bank of India, HDFC Bank and ICICI Bank — the nation’s largest three lenders — in the 2025 list of domestic systemically important banks (D-SIBs) or too-big-to-fail-lenders — a classification that demands core higher capital allocation in according with their risk-weighted assets.

time to read

1 min

December 03, 2025

The Morning Standard

Counting for bypolls in 12 MCD wards today, arrangements in place

AS the counting of votes for the Municipal Corporation of Delhi (MCD) bypolls is scheduled on Wednesday, the State Election Commission (SEC) has put in place all necessary arrangements at all counting stations.

time to read

1 mins

December 03, 2025

The Morning Standard

NOVEMBER A BLIP ON GST TREND, CONSIDER SIN TAX ON JUNK FOOD

GOODS and services tax collections are a good barometer of the Indian economy. It is also the foundation of the government’s capital expenditure.

time to read

1 mins

December 03, 2025

The Morning Standard

Jansen is going to be elite all-rounder: Kallis

ON Sunday night, Marco Jansen almost took South Africa across the line against India, smashing a 39-ball 70 in the chase of 350. His knock comes after a stellar show in the Test series where India were handed a 0-2 defeat by South Africa for the first time in 25 years. For someone who was a net bowler when Virat Kohli’s Test team visited South Africa in 2018, Jansen has made a meteoric rise as an all-rounder this year.

time to read

1 mins

December 03, 2025

The Morning Standard

The Morning Standard

AN OPENING TO BRIDGE THE GULF

“Wars are not fought with weapons, but with knowledge and understanding.” —Ferdowsi, Persian poet and writer

time to read

3 mins

December 03, 2025

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