India’s domestic air passenger traffic grew by 7 per cent year-on-year in July 2024 to 1.30 crore passengers. The period saw disruption due to adverse weather and IT issues. Cargo handling reached 70.1 million metric tonnes, while Indian Railways’ freight traffic hit 129.6 MMT, thanks to dedicated freight corridors.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.