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New Delhi [India], Mar 1 : Credit rating agency ICRA on Wednesday said that the December 2016 air passenger traffic in the country stood at 24.3 million, exhibiting a substantial growth of 20 percent over December 2015.

The report further added that during FY2017, the passenger traffic has reported a y-o-y growth of 19 percent, aircraft traffic has grown by 15 percent and cargo traffic has grown by nine percent.

"The passenger growth in December has been primarily driven by significant y-o-y increase in domestic traffic, which constitutes 77 percent of the passenger traffic in the country and has reported a 24 percent y-o-y growth in December 2016 as against 22 percent growth in November 2016," said vice president and sector head for corporate ratings ICRA, Harsh Jagnani.

New Delhi [India], Mar 1 : MAN Trucks India Pvt. Ltd. a 100 percent subsidiary of MAN Truck and Bus AG, Germany, the world's leading manufacturer of trucks and buses in association with M/s Bhagyodaya Automotive, today inaugurated a new state of the art dealership for its commercial vehicle brand in Pune.

The new dealership is spread over an area of 55000 sqft and is equipped with state-of-the-art equipment, eight service bays and sophisticated infrastructure.

New Delhi [India], Mar 1 : India's pioneering online automobile transactional marketplace Droom has announced its latest offering in the form of five categories namely 'Mint vehicles,' 'VIP numbers', 'Odd-Even numbers', 'Hard-To-Find' and 'Old-Is-Gold', which cater to a wide spectrum of exclusive customer desires which might sometimes be just the element that makes your vehicle transcend from good to exceptional.

Vehicles belonging to the Mint Vehicles category are in actuality used vehicles which are in pristine, almost brand-new condition. Supercars and superbikes, doctor-driven vehicles, motorcycles etc. which, are in a condition that is equal, if not better than, any new vehicle are offered to the buyers.

New Delhi [India], Mar 1 : The largest poker site in India, Adda52.com, has upped the stakes in the online poker world by bringing forth its upgraded poker platform with a plethora of new and advanced features. The poker site now features the desktop version 3.0 software that promises an enhanced game lobby with a refreshing design.

The UI of the desktop browser had moved from a flash based software to HTML in 2015 and now, the site is once again improving the software by migrating to Angular JS. Adda52 3.0 brings many benefits to the players from the lobby itself and here are some of the key features.

New Delhi [India], Mar 1 : The Reserve Bank of India ( RBI) on Wednesday released its quarterly statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs) as on December 31, 2016.

On a year-on-year (y-o-y) basis, aggregate deposits grew at an accelerated

pace in all population groups (except in metropolitan areas) and for all bank groups; on the other hand, however, bank credit decelerated across all population groups and bank groups.

Term deposits constituted the highest share in aggregate deposits in all population groups, except in rural areas where savings deposits (53.4 percent) recorded the major share.

Metropolitan bank branches continued to contribute the largest share of aggregate deposits (51.6 percent) and total bank credit (65.6 percent).

New Delhi [India], Mar 1 : The State Bank of India's Economic Research Department in its report on GDP estimates noted that the Q3 FY17 estimates are crucial in the sense that it should have given the impact of what happened in the economy during those two months of demonetization.

The report further added that despite the upward revision of Q1 FY16 and Q2 FY16, the GDP estimates for Q1 FY17 and Q2 FY17 have been revised upwards indicating improvement in economic activity in first half of current fiscal.