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In a historic move, Prime Minister Narendra Modi has launched the construction of what will become the world’s highest tunnel at Shinkun La. This ambitious project, situated at an altitude of approximately 15,800 feet, is set to revolutionize connectivity and development in the region. The Shinkun La tunnel, a 4.1 km long twin-tube marvel, is being constructed on the Nimmu-Padum-Darcha…
SpiceJet, one of India’s leading low-cost carriers, has announced plans to raise up to ₹3,000 crore through a Qualified Institutional Placement (QIP). This strategic move is aimed at bolstering the airline’s financial health, reducing debt, and supporting its expansion plans. Here’s a detailed look at what this means for SpiceJet and the broader aviation industry. Understanding QIP and Its Importance…
In a significant move to bolster connectivity and strengthen bilateral relations, India and Bangladesh have jointly announced the launch of new train and bus services between the two neighboring countries. This initiative marks a milestone in the regional transportation network and promises to enhance trade, tourism, and people-to-people contact. A New Era of Connectivity The new train service, aptly named…
In a significant move that underscores the growing demand for international travel, IndiGo, India’s largest airline, has announced a major expansion of its flight operations. Starting August 16, 2024, the airline will double its flights from Delhi to Almaty, Kazakhstan, and Tbilisi, Georgia, marking a new chapter in its international connectivity. Soaring Demand Meets Increased Supply The decision comes as…
In an ambitious stride towards revolutionizing its rail network, India is on the cusp of introducing the ‘Vande Bharat Bullet Train’, a high-speed marvel set to redefine inter-city travel. With a proposed speed of 250 kmph, this train is not just a vehicle but a symbol of technological prowess and a testament to the ‘Make in India’ initiative. The Genesis…
The Indian Railways, a lifeline for millions of Indians, has come under scrutiny for its revenue generated from cancelled waiting list tickets. Recent RTI (Right to Information) filings revealed that between 2021 and January 2024, the Railways earned a staggering ₹1229.85 crore (approximately $153.7 million) from passengers who booked tickets on the waiting list but ultimately did not travel. This…
In recent years, the phenomenon of medical and wellness tourism has rapidly gained momentum on a global scale, reshaping the landscape of healthcare services. Individuals increasingly opt to travel beyond their national borders in pursuit of medical treatment, surgical procedures, and holistic well-being experiences. The surge in medical tourism, characterized by patients seeking treatment abroad, is driven by multifaceted factors…