Noida International Airport completes calibration of landing systems

PM Modi inaugurates new airport in Rewa, MP

The Vindhya region of Madhya Pradesh is set to take off, as Prime Minister Narendra Modi inaugurated Rewa Airport through a virtual event. This airport is one of three new airports inaugurated under the Regional Connectivity Scheme (RCS)-Ude Desh Ka Aam Nagrik (UDAN) and marks the sixth commercial airport in Madhya Pradesh. Madhya Pradesh Chief Minister Dr. Mohan Yadav joined the launch, announcing a special fare of ?999 for passengers flying between Rewa and Bhopal for the next month under the PM Shri dedicated flight scheme. Dr. Yadav highlighted that Rewa Airport will soon host domestic p..

Trichy MP calls for audit of aircraft airworthiness

Trichy MP Durai Vaiko urged the Union civil aviation ministry to conduct an audit of the airworthiness of all operational passenger aircraft to ensure flyer safety. This appeal follows an emergency landing by a Sharjah-bound Air India Express flight at Trichy airport last week. Vaiko emphasized the need for the ministry to monitor whether airlines are maintaining their fleets regularly. "I will raise the mid-air scare incident in Parliament, as it has caused panic among passengers and the public. With frequent occurrences of flight cancellations, technical snags, and delays, the Union governm..

HDFC Bank plans slower loan growth to lower CD ratio

HDFC Bank, India’s largest private sector lender, announced its intention to grow its loan book at a slower pace than the industry in the current financial year (FY25). This strategy aims to reduce the bank's elevated credit-deposit (CD) ratio to pre-merger levels. Sashidhar Jagdishan, Managing Director and CEO of HDFC Bank, indicated that the bank would expedite efforts to lower the CD ratio, projecting that by FY26, it may align with the system growth rate, with faster growth anticipated in FY27. In Q2, HDFC Bank reported a year-on-year (Y-o-Y) credit growth of 7%, below the system average..