Flexible use of airspace can contribute to safety
The Dollar Business Bureau Flexible use of airspace under Civil Military Cooperation is possibly one of the few major initiatives which can contribute to the four crucial needs of any country - safety, efficiency, capacity and environment. To discuss and deliberate on the issue of Civil Military Cooperation and flexible use of airspace, an International Civil Aviation Organisation and Asia Pacific Civil Military Cooperation (ICAO APAC) regional conference was organized on May 19th and 20th in New Delhi. The conference was inaugurated by Smt M Sathiyavathy IAS, Director General of Civil Aviation, Government of India. She touched upon the strong relationship between the Armed Forces of the Union and State aircraft operators and the Civil Aviation Regulator and ANSP, for the last 70 ...
Red flag multiple forex transactions: CVC to RBI,IBA
Source: PTI The Central Vigilance Commission (CVC) has asked Reserve Bank of India and Indian Banks' Association (IBA) to red flag multiple transactions of smaller amounts from a single account and ensure compliance of KYC norms to check fraudulent forex transactions in the wake of alleged Rs.6,100 crore foreign remittance scam through Bank of Baroda, a top official said on Friday. "We have written to Reserve Bank of India (RBI) to say that if smaller forex transactions of less than one lakh dollars are being made than it should come to your notice," Vigilance Commissioner T M Bhasin told reporters here. He said similar communication has been sent to IBA chief, saying there may be "attempts to camouflage generation of alerts ...
