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DGCA: Suspension of scheduled international passenger flights extends till November 30.



The suspension of scheduled international passenger flights has been prolonged till November 30 amid the coronavirus pandemic, the Directorate General of Civil Aviation stated on Wednesday.

“However, the international scheduled flights may be allowed on selected routes by the competent authority on a case-to-case basis,” the Indian aviation regulator stated in a round.

The scheduled international passenger companies have been suspended in India since March 23 because of the coronavirus pandemic. But particular international flights have been working underneath the Vande Bharat Mission since May and underneath the bilateral ‘air bubble’ preparations with chosen international locations since July.

India has fashioned air bubble pacts with round 18 international locations, together with the US, the UK, the UAE, Kenya, Bhutan and France. Under an air bubble pact between two international locations, particular international flights could be operated by their airways between their territories.

The Directorate General of Civil Aviation (DGCA) round additionally talked about that the suspension doesn’t have an effect on the operation of international all-cargo operations and flights particularly accepted by it.

The scheduled home passenger flights resumed in India on May 25 after a spot of two months amid the pandemic scenario.


ICICI Bank sets up presence in Nepal



ICICI bank, apex consumer commission, Rs two lakh, ATM fraud, Business news

Lending major ICICI Bank on Thursday launched its operations in Nepal, via a representative office, to become the first Indian private sector bank to set up its presence in the country.

The bank opened a representative office in Kathmandu which will closely work with the domestic banks in Nepal to facilitate investment, trade, payments and treasury business between the two countries.

According to the bank, the current foray has expanded its global footprint to 15 countries including India.

“India and Nepal have significant trade and investment links between them. We believe that ICICI Bank’s on-ground presence through the new representative office coupled with its strong business partnerships with banks in Nepal, will help us further our participation in the economic flows between the two countries,” said Sriram H. Iyer, Head – International Banking Group, ICICI Bank.

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