Business, Economy & Banking Current Affairs - 2019

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India stiffens medical visa facility for Maldivians

image In what is being seen as retaliation to the cancellation of GMR contract, India has tightened visas for Maldives as New Delhi has stopped Maldivians from using their visa-free travel facilities to India for other activities like medical treatment, restricting it only to tourism.

India, who signed bilateral visa agreement with Maldives in 1979, revised the interpretation of “liberal” term which used to allow thousands of Maldivians to use a 90-day visa-on-arrival facility meant only for tourism to travel for treatment in Indian hospitals.

Why this step?

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Month: Categories: Business, Economy & Banking


Astra’s third launch also successful one

India achieved a third consecutive success in the launch of anti-aircraft air-to-air Astra missile, which was fired from a static launcher on the ground at Chandipur, Odisha.  Astra destroyed Lakshya, a pilotless target aircraft, successfully.

Future plans:

  • After three more ground-to-air launches in 2013, Astra will be fired from aircraft such as Sukhoi-30 MI, MiG-29 and the Light Combat Aircraft, Tejas. It can be launched from different altitudes and the distance at which it can kill an enemy aircraft depends on the altitude from which it is fired.

To know more about Astra, follow the links:

Month: Categories: Business, Economy & Banking