Republic Day Rehearsals to Affect 900 Flights at Delhi Airport from Today
The shutdown proposed by Indian Air Force (IAF) is likely to hit nearly 800-900 flights during the 1.5 hours rehearsal period every day ahead of Republic day parade.from Top Business News- News18.com http://bit.ly/2DezzkU
The regulator has barred the airlines from operating the planes to Port Blair since the nearest landing place in case of any emergency is more than one hour away.
Reliance Retail, which now operates 9,907 stores in over 6,400 towns and cities, received over 5.7 crore footfalls across its stores during the Diwali festive period.
At the Interbank Foreign Exchange, the rupee opened stronger at 71.15 a dollar against the previous close of 70.24. The local unit moved in a range of 70.92 to 71.40, before finally ending at 71.03, showing a gain of 21 paise.
After gyrating nearly 300 points, the BSE Sensex settled 52.79 points, or 0.15 per cent, higher at 36,374.08. The broader NSE Nifty inched up 14.90 points, or 0.14 per cent, to 10,905.20.
Salaries in India are expected to increase 10 per cent in 2019 as compared to 9 per cent last year and inflation-adjusted real-wage hikes are likely to rise to 5 per cent from 4.7 per cent in 2018.
The growth is supported by healthy volume growth in two-wheelers, commercial vehicles and and tractor segment until November last year.
Following demonetisation in November 2016, when the government junked high value currency notes of denominations 500 and 1,000, there was a shrinkage in currency in the system.
The move comes amid the ongoing tussle between hotels and online travel aggregators (OTAs) across the nation.
India is pushing for greater use of electric vehicles to reduce vehicular pollution and cut dependence on oil imports.
Naresh Goyal's offer comes against the backdrop of strategic partner Etihad reportedly putting forward strict conditions, including that Goyal should give up control, for infusing funds into the crisis-hit carrier.
The rupee gained further ground as a result of easing crude prices and the weakening dollar.