Models pose on airstrip during take off, DGCA orders inquiry: Report

Models pose on airstrip during take off, DGCA orders inquiry: Report

Models pose on airstrip during take off, DGCA orders inquiry: Report

The Directorate General of Civil Aviation (DGAC) has decided to investigate the incident in which a group of nine models were placed on a runway during the takeoff of a private plane, the ANI news agency reported.

In a video posted by the news agency, some of the new models can be seen relaxing, while the VT-SAI plane leaves the ground.

While the location of the incident has not been revealed, sources told ANA’s DGAC that an investigation had been opened against the owner of a private plane and the model group to violate security standards.

“We landed on a private runway where there was a private plane waiting for us,” one of the models said in the video. “I think this is the list of the craziest things I’ve ever done,” adds another.

“There is always a chance that the driver decided to abort the takeoff at the last moment for some reason, and these people would not have had a chance to leave the track,” said a pilot for the Times of India.

According to the TOI report, the aircraft is a Cessna 208 is a single engine aircraft with a maximum capacity of 14 people. In the video, the models are also considered incorporated in the airplane.

Biocon's Breast Cancer Biosimilar Gets USFDA Panel Nod, Shares Surge

Biocon’s Breast Cancer Biosimilar Gets USFDA Panel Nod, Shares Surge

Biocon’s Breast Cancer Biosimilar Gets USFDA Panel Nod, Shares Surge

The older Mylan and Biocon drugs, said today that the Advisory Committee on Cancer Medicines (ODAC) of the United States Health Authority approval of trastuzumab biosimilar proposal recommended, indicated for the treatment of breast cancer.

In a filing with regulators, Biocon said the committee had voted 16-0 in support of eligible indications of the reference product.

“This vote is the first biosimilar trastuzumab proposal recommended by the committee,” he added.

Regarding development, Mylan President Rajiv Malik said: “We are delighted with ODAC’s recommendation to support the approval of Mylan’s biosimilar trastuzumab to increase affordability, competition and, above all, global access and use” .

CEO and CEO of Biocon joint Arun Chandavarkar, said: “We look forward to working with the FDA to obtain final approval to expand access to the affordable and high-quality treatment option for HER2 positive breast cancer.”

The two companies, in a joint statement, said the US Food and Drug Administration uses committees and charts to obtain advice from independent experts on various topics including product approval.

“The FDA generally follows the advice of ODAC to determine if a product should come on the market, even though they are not required to continue,” they added.

The biosimilar trastuzumab proposed by Mylan and Biocon is also under review by regulatory authorities in Australia, Canada, Europe and several emerging markets.

Biocon shares rose 8.19% compared to Rs. 396,70 each on BSE.

China says Kailash Mansarovar Yatra suspended because of border standoff

China says Kailash Mansarovar Yatra suspended because of border standoff

Beijing has demanded the withdrawal of Indian troops have crossed the Sikkim section of the China-India border.

China confirmed on Monday that its decision to suspend Kailash Mansarovar Yatra through Nathu La is based on the dead-end border, Xinhua said. Chinese Foreign Ministry spokesman Geng Shuang demanded that India remove its border guards, which Beijing accuses Sikkim of crossing the border section between China and India.

The Chinese army Monday accused the Indian army of causing tension in the real control line by halting the construction of a highway in what claims to be China’s “sovereign territory” in the Sikkim region along the border between India and China.

Beijing has said that Indian troops had “obstructed the normal activities of the Chinese border forces in the Donglang region recently, and the Chinese side has taken counter-measures”.

“China is dedicated to the development of bilateral relations and firmly uphold its legitimate rights,” Beijing said. “China expects India to be half way, will do nothing to complicate border issues and jointly maintain the good momentum of relations.”

However, India has stated that a fight broke out between Indian Army personnel and the People’s Liberation Army during the first week of June, near the Lalten post in a region from Sokkim to La Doka, authorities in New Delhi . PLA soldiers have damaged more than two exchange bunkers on the Indian side.

Indian authorities said the clash could not be deactivated even after a meeting between the flag of the military high command on both sides. “There was a stampede and a struggle between rival troops. Our soldiers formed a human fence to deny the PLA troops to make further incursions,” said an official of The Times of India.

Similar clashes occurred in this area of ​​Sikkim for 10 days. In November 2008, Chinese forces had destroyed the bunkers of the improvised Indian army in one place.

The Mansarovar Yatra, which was reported by the Ministry of Foreign Affairs, Sushma Swaraj June 11 was suspended on June 23 after China has responded to about 50 Indian pilgrims who would be allowed to enter it when weather and road conditions would improve . The pilgrims, who had to go to Tibet for the Nathu La Pass in Sikkim, had to return to Gangtok.

This year, seven batches of 50 pilgrims crossed each Tibet through Nathu La, and 18 batches of 60 pilgrims were scheduled to meet Kailash through the neck of Lipu Lekh in Uttarakhand, Hindustan Times reported. The Nathu La route was inaugurated in June 2015. Managed by the government of the Tibet Autonomous Region by China, hiking time is reduced.

Arun Jaitley urges Jammu and Kashmir to clear state GST Act for national rollout on July 1

Arun Jaitley urges Jammu and Kashmir to clear state GST Act for national rollout on July 1

Commodity prices will not increase with the new tax regime, Commerce Minister Nirmala Sitharaman said.

Arun Jaitley Urges Jammu and Kashmir to Eliminate GST Status Law for Nationwide Launch on July 1

Union Finance Minister Arun Jaitley on Tuesday urged the Jammu and Kashmir government, Mufti led by Mehbooba, to eliminate the State Property and Services Act prior to the enactment of the July 1 national law.

Jammu and Kashmir are the only ones that have not yet adopted the law. Jaitley said the failure of the application would put companies at a disadvantage and have a “negative impact” on the economy, the Hindu said.

Meanwhile, the Minister of Commerce and Industries, Nirmala Sitharaman, refuted the concern about rising commodity prices under the new regime. “There is no different explanation for the public and another for traders,” Sitharaman said. “It’s all the same. The price of basic necessities is not going to increase.”

In a letter to the Chief Minister, Jaitley would have suggested that the state uses its powers for a special statute under section 370 to give its approval without the authorization of the Assembly, the Times of India reported. The Popular Democratic Party party – the Bharatiya Janata Party government plans to end the stagnation in the Assembly before the nationwide launch, unidentified officials said.

The state will be a meeting of all parties to discuss the issue after a special session of the House on June 17, did not vote.

Implications for the state
The Finance Minister has warned the state government that the exclusion of the tax system would translate into higher prices of goods in the state, as well as an increase in taxes on goods leaving the state.

Jaitley said entrepreneurs would not be able to benefit from the credit option available under the new tax regime. “The GST is a tax based on fate … if the state of Jammu and Kashmir do not join the GST on July 1, dealers do not take into account the integrated GST in all purchases,” said Jaitley in his letter To the Mufti.

The Center began to accept registration applications from companies that still have to register with the Tax Network products and services.

Jaitley had said that the government had recorded nearly 65 lakh taxpayers on the network, The Hindu.

Once in the network, companies can use the common portal to file tax returns and pay taxes.

The Center has also delayed the launch of a role in the new tax regime that would make it compulsory for e-commerce players to deduct tax on payments made to suppliers.

The government led by the BJP said that small businesses using e-commerce platforms should not enroll in the network immediately.

The delay gives e-commerce platforms and suppliers more time to meet the requirements of the new law.

The Center has dismissed the claims of the Association of Indian Chambers of Commerce and the Ministry of Civil Aviation to postpone the implementation of the GST deployment.

Narendra Modi in Amarkantaka: The significance of River Narmada’s point of origin explained

Narendra Modi in Amarkantaka: The significance of River Narmada’s point of origin explained

Amarkantaka, Madhya Pradesh: PriAmarkantaka, Madhya Pradesh: El primer ministroAmarkantaka, Madhya Pradesh: PriAmarkantaka, Madhya Pradesh: Prime Minister Narendra Modi will visit Amarkantaka in Madhya Pradesh on Monday to pay homage to RiveAmarkantaka, Madhya Pradesh: Prime Minister Narendra Modi will surrender to Amarkantaka in Madhya Pradesh ‘Occasion of the clotture ceremony Of 148 days ‘Namami Devi Narmada Sewa Yatra’. The Prime Minister also publishes a plan on the conservation of the river that comes from Amarkantaka, which lies in the igniting of the Vindhyachal mountain chain and the development of the region and major tourist center. Shivraj Singh Chouhan – which is an immitation of those who march the length of the river from its origin to its meeting point with the Golfe de Khambhat in Arabie and its point of origin in Amarkantak. At the closing ceremony of the 148-day “Namami Devi Narmada Sewa Yatra”, the main objectives of yatra were to raise awareness of the need for river conservation and the sustainable use of its resources. The first minsiter will also publish a plan on the conservation of the river that originates in Amarkantaka, which lies in the bed of Vindhyachal range of mountains and development of the area as an important tourist center. The Namami Devi Narmada Sewa Yatra was launched on December 11, 2016 by the chief minister of Madhya Pradesh Shivraj Singh Chouhan – which involved people walking along the river from their source to their point of finding the Khambhat Gulf at The Arabian Sea, and back to its point of origin in Amarkantak. The main objectives of the Yatra were to raise awareness of the need for river conservation and the sustainable use of its resources. To Amarkantaka to Madhya Pradesh lundi pour payer l’aval à la rivière Narmada à l’occasion de cérémonie de clôture des 148 jours ‘Namami Devi Narmada Sewa Yatra’. The premier ministerially published a plan for the conservation of the rivière qui provient d’Amarkantaka, which was trouve sur le lit de la chaîne de montagnes Vindhyachal et le développement de la région en tant que center touristique majeur. Le Namami Devi Narmada Sewa Yatra a été lancé le 11 décembre, 2016 par le ministre en chef de Madhya Pradesh Shivraj Singh Chouhan – qui a impiqué des personnes qui marchent le long de la rivière de son origine jusqu’à son point de rencontre avec le Golf from Khambhat at Arabie et son son d’origine à Amarkantak. Les principaux objectifs du yatra étaient de sensibiliser à la nécessité de la conservation de la rivière et à l’utilisation durable de ses resourcesr Narmada on the occasion of the concluding ceremony of the 148-day ‘Namami Devi Narmada Sewa Yatra’. The first minsiter will also release the blueprint on conservation of the river that originates in Amarkantaka, which lies on the bed of Vindhyachal range of mountains and development of the area as a major tourism hub.The Namami Devi Narmada Sewa Yatra was launched on 11 December , 2016 by Madhya Pradesh chief minister Shivraj Singh Chouhan – that involved people walking along the river from its origin to its point of meeting the Gulf of Khambhat in the Arabian Sea, and back to its point of origin in Amarkantak. The major objectives of the yatra were to increase awareness about the need for conservation of the river and the sustainable use of its resources Narendra Modi visitará Amarkantaka en Madhya Pradesh el lunes para rendir homenaje a RiveAmarkantaka, Madhya Pradesh: El primer ministro Narendra Modi se rendirá a Amarkantaka en Madhya Pradesh ‘Ocasión de la ceremonia de clôture de 148 días’ Namami Devi Narmada Sewa Yatra ‘. El primer ministro publica también un plan sobre la conservación del río que proviene de Amarkantaka, que se encuentra en el encendido de la cadena de montañas Vindhyachal y el desarrollo de la región y el centro turístico mayor. Shivraj Singh Chouhan – que es un implique de los que marchan el largo del río de su origen hasta su punto de encuentro con le Golfe de Khambhat en Arabie y su punto de origen en Amarkantak. Con motivo de la ceremonia de clausura de la “Namami Devi Narmada Sewa Yatra” de 148 días, los principales objetivos del yatra fueron de sensibilizar a la necesidad de la conservación del río y de la utilización duradera de sus recursos. El primer minsiter también publicará un plan sobre la conservación del río que se origina en Amarkantaka, que se encuentra en el lecho de Vindhyachal gama de montañas y el desarrollo de la zona como un importante centro turístico. El Namami Devi Narmada Sewa Yatra fue lanzado el 11 de diciembre , 2016 por el ministro principal de Madhya Pradesh Shivraj Singh Chouhan – que implicó a la gente que caminaba a lo largo del río de su origen a su punto de encontrar el golfo de Khambhat en el mar árabe, y de nuevo a su punto de origen en Amarkantak. Los principales objetivos de la yatra fueron aumentar la concienciación sobre la necesidad de conservación del río y el uso sostenible de sus recursos

Mumbai: Six prison officials booked for allegedly killing convict in Byculla jail

Mumbai: Six prison officials booked for allegedly killing convict in Byculla jail

The detainees had protested after the death of Manjula Shetya because she was assaulted and beaten by sexual jailers.

Mumbai: Six Prison Officials Charged with Murder Sentenced to Prison in Byculla

Five officers and a jailor at Byculla Prison, Mumbai, were set aside to assault and kill a detained Manjula Shetye sexually, the Hindustan Times reported Tuesday.

Shetye died on June 23 provoked a protest, and former media tycoon Indrani Mukerjea (pictured), who was jailed for killing his daughter Sheena Bora, was one of 200 women detained for committing a mutiny in the jail.

A witness has submitted a first briefing paper on the death of Shetye Nagpada police station. He said the six prison officials were brutally beaten and raped the 38-year-old prisoner to complain about two eggs and five slices of bread that lacked the morning ration.

The witness told police Shetye was first called in the private room of Manisha Pokharkar’s agent, Hindustan Times reported.

She was attacked there and returned to the barracks. Later, the female police officers Bindu Naikade, Waseema Shaikh, Shital Shegaonkar, Surekha Gulve and Aarti Shingne did strip and raped with a stick, or lathi.

Initially, no official was only arrived with Shetye said the FIR. Shetye was taken to the resident doctor after being unconscious in the bathroom. He died at the JJ Hospital.

The autopsy report said Shetye was about 11 to 13 blue, while Dean TP Lahane had told Hindustan Times that his lungs were damaged.

Meanwhile, police are likely to question Indrani Mukerjea about his role in the alleged prison riot.

Mukerjea said how Shetye was killed and alleged that prison officials had threatened sexual assault, NDTV reported. She will appear before a special CBI court on Wednesday.

His lawyer Gunjan Mangala also alleged that prison officials had assaulted Mukerjea. “The brown marks can be seen on Indrani Mukerjea’s body all over after being hit by prison officials,” Mangala told Tuesday in court, according to The Times of India.

Al Qaeda vows to target Indian Army officers who have the ‘blood of Kashmiris on their hands’

Al Qaeda vows to target Indian Army officers who have the ‘blood of Kashmiris on their hands’

In a 20-page document, the celebration of terror has accused India of “destroying the houses of Muslims, to weaken them in social status and to force them to convert to Hinduism.”

Al Qaeda vowed to target Indian army officers that the “Cashmere of blood in their hands”

Al Qaeda in the Indian subcontinent has said that it would target members of the Indian Army that “the blood of our Kashmiri brothers in their hands.”

The team has published a 20-page document entitled “Code of Conduct for Mujahideen in the Subcontinent,” listing their goals and objectives in India, Pakistan, Bangladesh and Myanmar.

“All military personnel are our target, whether in war zones or in barracks to their bases,” the document said.

“Even the holiday staff is not exempt due to their fight against the application of sharia and defending the system of infidelity.”

Accusing India of oppressing Muslims in Kashmir and across the country, AQIS – a branch of the global al Qaeda militant group established in 2014 – said the Indian state “also destroyed their [Muslim] homes, weakens the condition Social and forced to convert to Hinduism in “also said that India is a ‘strong ally’ of the United States, Russia and Israel ‘against jihadist and Islamic awakening throughout the region.”

AQIS has also accused India of “usurping” Muslim water from Bangladesh, destroying its agriculture and controlling the country’s trade and industry. “History shows that India always wants to live the Muslims of Bengal as slaves,” the document said.

In the 20-page document, the branch of Al Qaeda has listed the separatist Hindu organizations, the Indian army, the “blasphemers” and officials “genocide of the Muslims”, since the partition as the target. In Myanmar, it has classified the country’s army and armed Buddhist groups as a target ….

Centre downplays US reference to ‘Indian-administered Kashmir’, says it happened in the past too

Centre downplays US reference to ‘Indian-administered Kashmir’, says it happened in the past too

The Narendra Modi government has minimized the use of “India-administered Jammu and Kashmir” by the United States during Prime Minister Narendra Modi’s visit to the country, saying that similar terms were used in the past as well, reports PTI. On Monday, as chief Hizbul Mujahideen Syed Salahuddin’s announcement as a specially designated global terrorist, the US State Department said that the militant group had attributed responsibility for several attacks, including the explosives of the 2014 attack as “Jammu and Kashmir Administered by India. ”

Foreign Ministry spokesman Gopal Baglay said that the use of “India-administered Jammu and Kashmir” has been used by the United States to simply state that India’s position Syed Salahuddin was involved in terrorism against India border. He said that the US State Department had used terms reported on terrorism also terrorism in the past, especially between 2010 and 2013.

“The consistent position of India that the entire state of Jammu and Kashmir is an integral part of India is well known,” said M. Baglay. He added that India welcomed the appointment of Syed Salahuddin, who had been designated as a global terrorist by the Donald Trump administration, which he described as “the strongest common expression of the commitment of both sides” in the fight against terrorism.

The use of the term, and the lack of response by the government, angered the opposition. The former finance minister and the head of Congress, P Chidambaram Wednesday questioned the government in a tweet. “The official United States declaration uses the term” Jammu and Kashmir administered by India. “How was India accepted?”

Congressman Ghulam Nabi Azad, the leader of the opposition in the Rajya Sabha, asked: “Why did not protested prime minister despite being on the ground American Minister of Foreign Affairs, Minister of Defense and the Minister of the Interior that the problem? Why is BJP silent? Is not it a sale of national interests?

Kerala DHSE, VHSE Class 12 Result 2017 declared; check dhsekerala.gov.in, keralaresults.nic.in

Kerala DHSE, VHSE Class 12 Result 2017 declared; check dhsekerala.gov.in, keralaresults.nic.in

Kochi: The Kerala Directorate of Higher Secondary Education (DHSE Kerala) released the results of Kerala HSE, VHSE Class 12 (Plus Two) 2017 on Monday. The board declared the Kerala HSE, VHSE Class 12 results around 2 pm.
Kochi: La direction du Kerala de l’enseignement secondaire supérieur (DHSE Kerala) a publié les résultats de Kerala HSE, VHSE Class 12 (Plus Two) 2017 lundi. Le conseil a déclaré le Kerala HSE, VHSKochi: La Dirección de Educación Superior Secundaria de Kerala (DHSE Kerala) publicó los resultados de Kerala HSE, VHSE Clase 12 (Plus Dos) 2017 el lunes. El tablero declaró el Kerala HSE, VHSE Clase 12 resultados alrededor de las 2 pm.Kochi: The Kerala Directorate of Higher Secondary Education (DHSE Kerala) released the results of Kerala HSE, VHSE Class 12 (Plus Two) 2017 on Monday. The board declared the Kerala HSE, VHSE Class 12 results around 2 pm.
Kochi: La direction du Kerala de l’enseignement secondaire supérieur (DHSE Kerala) a publié les résultats de Kerala HSE, VHSE Class 12 (Plus Two) 2017 lundi. Le conseil a déclaré le Kerala HSE, VHSKochi: La Dirección de Educación Superior Secundaria de Kerala (DHSE Kerala) publicó los resultados de Kerala HSE, VHSE Clase 12 (Plus Dos) 2017 el lunes. El tablero declaró el Kerala HSE, VHSE Clase 12 resultados alrededor de las 2 pm.
Kochi: La dirección del Kerala de la enseñanza secundaria superior (DHSE Kerala) ha publicado los resultados de Kerala HSE, VHSE clase 12 (más dos) 2017 lundi. Le conseil a déclaré le Kerala HSE, clase VHSE 12 résultats vers 14 heures.

Después de la declaración oficial de los resultados por el consejo de DHSE, los candidatos pueden llegar a la conclusión de la misma elección en el dhsekerala.gov.in, keralaresults.nic.in.

Plus de 4 candidats lakh fueron diseñados para los dos examens plus dans l’état.
Después de la declaración oficial de resultados por el consejo de DHSE, los candidatos pueden ahora comprobar lo mismo en dhsekerala.gov.in, keralaresults.nic.in.

Más de 4 lakh candidatos habían aparecido para los más dos exámenes en el estado.E Class 12 résultats vers 14 heures.

Après la déclaration officielle des résultats par le conseil de DHSE, les candidats peuvent maintenant vérifier la même chose à dhsekerala.gov.in, keralaresults.nic.in.

Plus de 4 candidats lakh étaient apparus pour les deux examens plus dans l’état.
After the official declaration of results by the DHSE board, candidates can now check the same at dhsekerala.gov.in, keralaresults.nic.in.

Over 4 lakh candidates had appeared for the plus two examinations in the state.
Kochi: La dirección del Kerala de la enseñanza secundaria superior (DHSE Kerala) ha publicado los resultados de Kerala HSE, VHSE clase 12 (más dos) 2017 lundi. Le conseil a déclaré le Kerala HSE, clase VHSE 12 résultats vers 14 heures.

Después de la declaración oficial de los resultados por el consejo de DHSE, los candidatos pueden llegar a la conclusión de la misma elección en el dhsekerala.gov.in, keralaresults.nic.in.

Plus de 4 candidats lakh fueron diseñados para los dos examens plus dans l’état.
Después de la declaración oficial de resultados por el consejo de DHSE, los candidatos pueden ahora comprobar lo mismo en dhsekerala.gov.in, keralaresults.nic.in.

Más de 4 lakh candidatos habían aparecido para los más dos exámenes en el estado.E Class 12 résultats vers 14 heures.

Après la déclaration officielle des résultats par le conseil de DHSE, les candidats peuvent maintenant vérifier la même chose à dhsekerala.gov.in, keralaresults.nic.in.

Plus de 4 candidats lakh étaient apparus pour les deux examens plus dans l’état.
After the official declaration of results by the DHSE board, candidates can now check the same at dhsekerala.gov.in, keralaresults.nic.in.

Over 4 lakh candidates had appeared for the plus two examinations in the state.

PERSONAL WEALTH ITCHY FEET, AGAIN?

You don’t have to be moneyed to travel the world. There are several schemes to meet your expenses. So just pack your

bags and hit the road

By Shailesh Menon

Illustration by Champak Bhattacharjee

BLUE BEACHESTake a dip in the

of Pattaya, walk along ‘Water­front Prome­nade’ in Singapore, go spotting orangutans in the Malaysian Borneo and hit the cool spice trail in Sri Lanka — there’s a lot you could do this summer. But if an empty wallet is stop­ping you from hitting the fair winds, at hand are some really cool deals to fund your dream holiday.

Before we smack the road analysing various travel financing options, one needs to be amply clear, it is best to dig into
your savings to finance your holiday. ‘Beg, borrow or steal’ is only good if you don’t have enough money to buy tickets, food and accommodation. Options that involve borrowing money to fund holidays could increase your travel costs by about 30 per cent. The other option — to steal — could land you in jail.

“Borrowing money to travel is not the best way to have a holiday… Not many people would opt for credit to travel. But if you don’t want to borrow, you should have enough sav­ings to dig in. If you don’t,
your only option is to travel on credit,” says Ravi Menon, head, Foreign Ex­change & Risk Manage­ment, Cox & Kings.

The Macros

For Indians, cost of travel has been moving in two directions. While billings for domestic travel have gone up 10 to 15 per cent over the past two years, international travel has become cheaper due to weakening of most for­eign currencies. The drop in travel costs is more pro­nounced in the case of Eu­ropean destinations, with airfare to marquee cities
such as Zurich, Rome and Paris crashing 15-20 per cent since last year.

Much of this (drop in air fare) has been attributed to a weak Euro, which de­clined from Rs 83 a year ago to about Rs 70.9 cur­rently. Consequently, most travel operators are seeing 50-60 per cent more bookings to popular Euro­pean hotspots this sum­mer. According to tour op­erators, India logs 15-20 million tourist departure every year.

Despite higher costs, do­mestic travel has been wit­nessing an uptrend over the past few years. Domestic travel (to all states com­bined) has been growing at 14 per cent every year since 1991. As per data from the tourism department, year 2012 witnessed a 19-9 per cent growth in domestic tourist visits over the pre­vious year.

Encouraged by robust growth in the tourism sec­tor, tour operators and lenders (mostly banks) have begun offering fund­ing options to prospective travelers. Credit card pay­ment modes, personal loans, travel loans and dedicated travel (savings) accounts are pushed to customers in large num­
bers. And much to the de­light of lenders and tour planners, middle class In­dians are warming up to such novel ideas.

Personal Loans t Credit Card Payment

Consumers can avail per­sonal loans for meeting their holiday expenses, but that is not a very lu­crative option as such loans are given out at rates as high as 16-18 per cent per annum. There­fore, most tour operators / travel portals have tie-ups with banks to facilitate travel loans.

“These (personal loans)

are unsecured loans, mak­ing them very expensive for customers. Also, dis­bursals take a lot of time,” explains Sreeram Sirip- uram, founder of Fly- 4credit, a loan facilitator.

If you do not want to undergo the painful pro­cess of getting a personal loan approved, you can simply swipe your credit card and purchase a holi­day package. But this op­tion could turn out to be more expensive (than per­sonal loans) if you default on card repayments; you could be charged as high as 36 per cent penal inter­est on the defaulted sum.

That said, credit card purchases give you great flexibility to plan your holiday. The payment for your holiday happens in­stantly (without the ap­proval of the bank, as is the case with personal loans), if you have suffi­cient credit limit. The re­payment is done through equated monthly install­ments (EMIs) over 12 months.

The flip side is, credit cards cannot buy you ex­pensive holidays as most middle-class card holders have credit limits in the range of Rs 1-2 lakh.