Economy

Apr 192018
Indian Domestic air traffic carried 9.04 million passengers in 2016-17, it went up by 28 percent taking the passengers movement to 11.5 million in 2017-18, according to the data by Director General
Reserve Bank of India RBI, its monetary policy committee has retained the short-term-pending rate or Repo rate at 6 percent, unchanged during the fifth bi-monthly review of policy during the current fiscal year. this decision was on the expected lines as 95 percent (52 out of 54) of the financial expert's survey poll were sure that policy rate will be retained. Seven-year low policy rate is still retained. Sine the committee reduced the key lending rate by 25 basis points in August 2017.
India is likely to be the fastest growing economy in the world during the next few years, Reforms like GST, Demographics, suitable international investments, digitisation has set the country to be achieving a working six million dollars by 2027. Ther has been an acceleration of GDP growth from 5.8% in 1990's to 6.9% in 2000's. U.S based property owners and the world are expected to meet in November in India to find out the Indian government offers and feasibility, risks in different sectors and India's placements in the world's economy.
UAE Exchange India has introduced foreign currency buyback facility for foreign travellers. The facility will be a boon to foreign travellers who encounter loss while exchanging leftover currencies due to rate fluctuation. Foreign Currency Buyback facilitates currency return at the same rate of purchase, thereby assisting the foreign travellers in saving unused currency. By adding more ensigns to foreign exchange services, UAE Exchange is the first financial service provider in India to offer advanced Buyback feature for currency exchange.
RBI Governor Urjit Patel
Reserve Bank Governor Urjit Patel expressed optimism that India's economic growth will make a "sharp V" recovery  as a result of the demonetisation of 500 and 1,000 rupee notes.   "Almost everyone agrees that the impact is going to be a sharp 'V', that we would have a downgrade of growth for a short period of time," he told CNBC-TV18 in an interview. Patel also made a strong case for continuing with globalisation even in the face of a potential shift to trade protectionism under US President Donald Trump as India has benefited from open trade.

Entertainment

Apr 192018
Writer Jerry Siegel and artist Joe Shuster- gave birth to 'Superman'- a character which has likes by children, youth and old alike, still alive in every moviegoer.April 18th, 1938, the day 'Superma