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IndiGo may have to replace more engines as govt intensifies scrutiny T

A “more intense boroscopic examination” of engines manufactured by Pratt & Whitney has identified more engines at risk of shutting down in midair, Arun Kumar, the head of India’s Directorate General of Civil Aviation, told Bloomberg News on Sunday. Out of roughly 200 engines in use, IndiGo will now have to replace at least 130. India’s Aviation Minister, Hardeep Singh Puri, had earlier put the figure at 110.

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Govt plans to make PFRDA sole regulator for the pension products

“The proposed amendments will segregate the marketing functions from the PFRDA which will be only be a licensing authority. The Ministry of  Finance*MoF) has finalised  a few amendments to the existing PFRDA Act and after inter-ministerial consultations, it will go to the Cabinet for its final approval.It may be placed in the parliament during the forthcoming Budget session,” said Supratim Bandyopadhyay, Member (Finance). PFRDA.

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