Bengaluru airport's Terminal 2 to commence international operations from Aug 31
Bengaluru: Kempegowda International Airport Bengaluru's (BLR Airport) Terminal 2 (T2) is set to commence its international operations, with the first flight scheduled on August 31. Passengers travelling on Singapore Airlines flight SQ508/SQ509 between Singapore and Bengaluru will be the first to experience the international zone of the new terminal, a BIAL statement said on Wednesday.
IndiGo will be the first Indian carrier to start international operations in T2, with its flight 6E1167 to Colombo. All international flights departing and arriving from 10.45 hours onwards on August 31 will transition from T1 and start operating from T2, marking a significant milestone for BLR Airport. Terminal 2 will facilitate 30 to 35 daily international departures on 27 airlines (25 International and 2 Indian).
MD & CEO of Bangalore International Airport Ltd (BIAL), Hari Marar, said: “The commencement of international operations at Terminal 2 represents a major milestone for BLR Airport. With this move, international operations will be exclusive to T2, while our domestic operations will be divided between T1 and T2".
Passengers arriving at T2 can expect easy transfers, and streamlined immigration and customs procedures, the statement said.
To enhance accessibility to T2, an additional 4.4 KM-long access road called the 'Terminal Boulevard' was inaugurated earlier this year, it said. This road connects to T2 departures and arrivals, providing a comfortable drive without any traffic signals. Complimentary shuttle services are also available at regular intervals between T1 and T2 for passenger convenience. Located on the eastern side of Terminal-1, T2 spans 255,661 square metres of area and is equipped to handle 25 million passengers annually.
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Rupee settles 1 paisa higher to close at 94.15 against US dollar
Mumbai (PTI): The rupee settled with gains of just one paisa to close at 94.15 against the US dollar on Monday, as rising global uncertainty, escalating tensions in West Asia and soaring crude oil prices weighed on investor sentiments.
Forex traders said the INR/USD pair pared its initial losses, but the overall bias remains negative as FII sell-off and elevated crude oil prices restricted the gains for the local unit.
At the interbank foreign exchange market, the rupee opened at 94.25 against the US dollar, and touched an intraday high of 94.11 and a low of 94.28 against the greenback during the day.
At the end of Monday's trading session, the rupee was quoted at 94.15, registering a gain of just 1 paisa over its previous close.
On Friday, the rupee extended its losing streak for the fifth day in a row, depreciating 15 paise to close at 94.16 against the US dollar.
"The rupee snapped a five-session losing streak, rebounding in tandem with a rally across regional currencies. However, the mood remains apprehensive as the market braces for a potential RBI intervention around 94.30 and higher crude oil prices," said Dilip Parmar – Senior Research Analyst, HDFC Securities.
On the charts, the USDINR pair has reclaimed its upward momentum, carving out a classic bullish structure of higher highs and lows on the daily time frame, he said, adding that for the coming sessions, 93.80 serves as a support, with 94.40 acting as the primary hurdle.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.21 per cent at 98.32.
Brent crude, the global oil benchmark, was trading higher by 2.36 per cent at USD 107.82 per barrel in futures trade.
On the domestic equity market front, Sensex jumped 639.42 points to settle at 77,303.63, while the Nifty surged 194.75 points to 24,092.70.
Foreign Institutional Investors offloaded equities worth Rs 1,151.48 crore on Monday, according to exchange data.
Meanwhile, India's forex reserves jumped by USD 2.362 billion to USD 703.308 billion during the week ended April 17, the Reserve Bank of India (RBI) said on Friday.
In the previous reporting week, the forex kitty had increased by USD 3.825 billion to USD 700.946 billion.
