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Airports Authority of India (AAI) allows Currency Exchange Counters at its Airports across the Country

According to the AAI, the exchange counters will be on a temporary basis and slated to operate till December 31

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Indian currency notes. Pixabay
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New Delhi, November 18, 2016: To facilitate air travellers, the Airports Authority of India (AAI) on Thursday allowed opening of currency exchange counters by scheduled commercial banks at its airports across the country.

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According to the AAI, the exchange counters will be on a temporary basis and slated to operate till December 31.

“The decision of the government of India to demonetise Rs 500 and Rs 1,000 notes across the nation has led to currency hardship for airport users and air travellers,” the state-owned firm said in a statement.

“Hence, extending its support to the campaign and facilitating airport users and air travelers, AAI has decided to allow any scheduled commercial bank to open and operate on temporary basis, currency exchange counter.”

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However, airports operated under joint ventures (JV) have not been included in the scheme, as sufficient bank branches and exchange counters are located there.

On Monday, the Ministry of Civil Aviation suspended vehicle parking charges at all airports till the midnight of November 21.

The central government has taken various steps like suspension of toll collection on national highways till November 18, while the Indian Railways has said that it will accept the demonetised currency notes as payment for ticketing and catering purposes till November 24.

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The central government demonetised Rs 500 and Rs 1,000 currency notes on November 8. (IANS)

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Prince Charles Arrives in New Delhi for two day Visit to Meet PM Narendra Modi

Prince Charles, the Prince of Wales, accompanied by his wife arrived New Delhi for a two-day visit to India to complete their 10-day four-nation tour

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Prince Charles visits India with his wife for two days. Wikimedia.

New Delhi, Nov 9: Prince Charles, the Prince of Wales, accompanied by his wife, the Duchess of Cornwall, Camilla Parker-Bowles, arrived New Delhi on Wednesday on a two-day visit to India at the final leg of their 10-day four-nation tour that also took them to Singapore, Malaysia and Brunei.

“Their Royal Highnesses Prince of Wales and the Duchess of Cornwall arrive,” the British High Commission in India tweeted.

Prince Charles is scheduled to meet Prime Minister Narendra Modi on Wednesday evening and discuss a wide range of issues, including that of the Commonwealth Heads of Government Meeting (CHOGM) which will take place in April 2018 in the UK.

Prince Charles
Prince Charles arrives in India with his wife. IANS.

Ahead of the royal couple’s arrival, External Affairs Ministry spokesperson Raveesh Kumar said climate change, Sustainable Development Goals (SDGs), economic cooperation, and other bilateral issues would also come up for discussion.

Bilateral trade between India and Britain stands at $12.19 billion. India is the third largest investor in Britain and the second largest international job creator in that country.

Britain is the third largest inward investor in India, with a cumulative equity investment of $24.37 billion for the period April 2000-June 2017

The Indian diaspora in UK is one of the largest ethnic minority communities in the country, with the 2011 census recording approximately 1.5 million people of Indian origin equating to almost 1.8 percent of the population and contributing 6 per cent of the country’s GDP.

This will be Prince Charles ‘s ninth visit to India. He had earlier visited India in 1975, 1980, 1991, 1992, 2002, 2006, 2010 and 2013. (IANS)