Sunday, August 19 2018

May 23, 2017

Booking is Open for Shimla-New Delhi flight under UDAN scheme

New Delhi-Booking has been opened by Air India  for its first flight under the Regional Connectivity Scheme to be operated on the Shimla-New Delhi route by its subsidiary Alliance Air.Over 45 unserved and under-served airports would be connected under the scheme- UDAN (Ude Desh ka Aam Naagrik)- that seeks to make flying more affordable.Last year, Air India had received a rap from the Supreme Court for the lack of air connectivity to Shimla last year.

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May 23, 2017

India’s foreign exchange reserves increase by $889.4 mn to $369.887 bn

Mumbai-Forex reserves of India rose by $889.4 million to $369.887 billion during the week ended April 14, helped by increase in foreign currency assets.  Foreign currency assets (FCAs), a major component of the overall reserves, surged by $881 million to $346.248 billion in the reporting week said RBI.Gold reserves remained unchanged at $19.869 billion. The special drawing rights with the International Monetary Fund was up by $3.1 million to $1.446 billion, while India’s reserve position with the Fund, too, rose

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