Skip to content
Search

Latest Stories

India’s Himalayan State Sikkim Gets Its First Airport

India’s prime minister, Narendra Modi inaugurated the Pakyong Airport in Sikkim on Monday (24). This is the first airport in the Himalayan state and the 100th airport in the country.

Addressing a large public gathering on the occasion, Modi described the day as a historic one for Sikkim, and an important one for India. He said that with Pakyong Airport, the country has hit a century of airports.


The prime minister also mentioned the young cricketer from Sikkim, Nilesh Lamichanay, who recently became the first cricketer from the State to score a century in the Vijay Hazare Trophy, a limited overs cricket tournament involving state teams.

The prime minister said that Pakyong Airport would greatly ease connectivity to Sikkim. He said that in order to ensure that it is useful to the common man, this airport is part of the UDAN scheme.

Modi further added that emphasis is being given to enhancing both infrastructural and emotional connectivity in the entire northeastern region, at a rapid rate. He noted he has personally visited the northeastern states several times to review development work. Besides this, union ministers also regularly visit the region. He said the results of this are visible on the ground through enhanced air and rail connectivity, better roads, big bridges, and others.

The prime minister said that out of 100 airports in the country today, out of which 35 have been operationalised in the last four years.

More For You

Mergers and aquisitions
Aegon exits UK after 200 years as £2bn deal hands business to Standard Life
iStock

Aegon exits UK after 200 years as £2bn deal hands business to Standard Life

  • Aegon sells its UK arm to Standard Life in a £2bn deal.
  • The move is part of a broader shift towards the US market.
  • The combined group will serve 16 million customers with £480bn in assets.

After nearly two centuries of presence, Aegon is stepping away from the UK market. The company has agreed to sell its UK business to Standard Life in a deal valued at about £2bn, marking a significant shift in its global strategy.

The transaction brings together two large pensions and savings businesses, creating a combined group with around 16 million customers and £480bn ($651bn) in assets under administration. For Aegon, the move is less about the UK itself and more about where it wants to be next.

Keep ReadingShow less