In a move to boost its international connectivity, Mangaluru airport has announced the introduction of a direct flight to Singapore by Air India Express from January 21, 2025. This new route is expected to open up business and trade opportunities between the two countries, and make travel for passengers more convenient and efficient. The direct flight will significantly reduce travel time and eliminate the need for layovers, making Mangaluru an even more attractive destination for business and leisure travelers.
Mangaluru Airport Introduces Direct Flight to Singapore, Enhancing International Connectivity
In a significant move to bolster international connectivity, Mangaluru International Airport has announced the introduction of a direct flight to Singapore by Air India Express. The inaugural flight is scheduled to take off on January 21, 2025.
This new air route is expected to catalyze business and trade opportunities between India and Singapore. It will also provide passengers with a more convenient and efficient travel experience.
Background:
Mangaluru International Airport has been undergoing a major expansion project to enhance its capacity and infrastructure. The airport currently serves over 2.5 million passengers annually. The addition of the direct flight to Singapore aligns with the airport's strategic goal of becoming an international aviation hub.
Benefits of the Direct Flight:
FAQs:
1. What is the frequency of the direct flight between Mangaluru and Singapore? Answer: The frequency of the flights has not yet been announced by Air India Express.
2. What is the approximate cost of the direct flight? Answer: The fare details have not yet been released.
3. What type of aircraft will be used for the direct flight? Answer: Air India Express has not yet announced the specific aircraft type that will be used.
4. Will the direct flight be operated year-round? Answer: This has not been confirmed by Air India Express.
5. Are there any special offers or discounts available for the inaugural flight? Answer: Air India Express is expected to announce promotional offers and discounts closer to the launch date.
The Supreme Court has ruled in favor of spiritual organization Radha Soami Satsang Beas in a case against the Income Tax Department. The court has set aside the department's reassessment notice, which was issued towards initiating proceedings against the organization. The decision has been welcomed by the organization, which was represented by notable attorney Kapil Sibal, and is seen as a significant development in the ongoing legal battle between the two entities.
Rajasthan Chief Minister Bhajan Lal Sharma has announced that the Rising Rajasthan Global Investment Summit will be held once again in 2026, highlighting the state's potential for entrepreneurship and development. With MoUs worth over Rs 35 lakh crore already signed through this summit, the state government is aiming to promote industrial growth by allocating funds for multiple industrial areas and doubling the number of GI tags in the next three years. The focus on micro, small, and medium industries underscores their importance in the state's industrial structure.
Zanzibar President Dr Hussein Ali Mwinyi has instructed the Planning Commission to ensure thorough public engagement in the process of drafting the National Development Vision 2050. Key stakeholders, including Prime Minister Kassim Majaliwa and Zanzibar's Second Vice President, will need to coordinate the verification process and distribute the draft vision widely to media outlets and civic institutions. The president emphasized the importance of inclusive input from all citizens, regardless of religion, political affiliation, gender, special groups, or region, in order to accurately reflect the aspirations of the people. The team working on the 2050 Vision must align their efforts with national, regional, and international development plans and conduct nationwide consultations in order to create a successful and inclusive vision for Tanzania's future.
Lingo, the first token designed for a mass audience, has joined forces with Stewards Investment Capital to further boost its innovative consumer-first RWA ecosystem. With over 25 years of experience in managing real-world assets, Stewards brings valuable expertise to the table, solidifying Lingo's position as the most anticipated RWA token launch in 2024. This partnership will combine Lingo's unique rewards system and 2 million member strong community with Stewards' proven track record and $1 billion deployed in assets.
In a bid to enhance operational efficiency, Air India has placed an order for 100 additional Airbus aircraft, bringing its total orders with the aviation giant to 344. The new materials and maintenance contract will also help the airline to optimize the reliability and performance of its expanding A350 fleet. With India's aviation sector growing at a rapid pace, the chairman of Tata Sons and Air India sees a clear opportunity for the airline to expand its future fleet.
In a stunning display of efficiency and progress, the Income Tax Department in India has recorded a surge of 46.31% in tax refunds, amounting to Rs 3.08 lakh crore in just 8 months. This marks a significant increase from the previous year's refunds of Rs 2.03 lakh crore during the same time period. The Central Board of Direct Taxes (CBDT) played a crucial role in this achievement, along with the implementation of a Demand Management Facilitation Centre and timely awareness campaigns for taxpayers. This surge in refunds not only showcases the capacity of the system but also the proactive engagement of taxpayers in adhering to filing deadlines.
In an effort to support first-time home buyers, Norway's finance ministry has announced a reduction in the equity requirement for purchasing a dwelling. The new requirement will be lowered from 15% to 10%, allowing more individuals to enter the housing market. While this may increase overall housing demand, regulations on banks' flexibility in assessing customers' serviceability and rules on installment payments for mortgages and consumer loans will remain unchanged. This decision aims to make home ownership more accessible for young and inexperienced buyers, potentially stimulating the housing market and boosting economic growth.
Feedback Sports has just released their latest product, the Reflex Fixed Torque Bit Driver. This compact T-shaped driver comes with a preset 5Nm torque limiter and four bits, making it perfect for on-the-go bike adjustments. In addition, three torque limiting bit extensions can be purchased separately to accommodate for different torque needs. This tool is a game changer for cyclists, providing a compact and easy solution for mid-ride repairs.
After pausing its investment plans in India earlier this year, Tesla has resumed its efforts to establish a presence in the country. The company is reportedly in discussions with DLF, India's largest property developer, to secure showroom and operational spaces in the Delhi-NCR region. The move comes amidst the Indian government's efforts to attract global automakers and grow the country's nascent EV market. If successful, Tesla's entry into India could have a significant impact on the growth of the EV market in the country.