Latest news with #DheerajGaur


India.com
a day ago
- India.com
Missed Flights, Hours In Traffic: Delhi Rains Cripple Airport Commute, Delay 350+ Flights
More than 350 flights at Delhi's Indira Gandhi International (IGI) Airport were severely delayed on Thursday, August 14, after heavy rain in the morning and then huge traffic congestion throughout the National Capital Region (NCR). Widespread congestion kept many passengers and even flight staff from arriving at the airport on time, causing flight delays and a huge inconvenience. Airport Advisories Amidst Chaos Even several hours after the rain stopped, major arterial roads were clogged, causing record delays for commuters. Delhi airport authorities immediately issued alerts, strongly advising travelers to use the Delhi Metro to travel to the airport rather than road transport. The Metro's Magenta Line offers connectivity to Airport Terminal 1 and the Airport Express Line (Orange) serving Terminal 3. "Heavy rains and waterlogging in the Delhi-National Capital Region from morning resulted in road congestions on approaches to and from the Delhi airport. Our ground staff are working round the clock, all concerned to facilitate hassle-free travel of passengers. Passengers may use alternative modes of transport like the Delhi Metro to avoid any inconvenience," the Delhi airport said on X. Hundreds Of Flights Disrupted, Passenger Nightmare Statistics from flight tracking site FlightRadar24 indicated that as of 6 PM on Thursday, a minimum of 377 flights had been delayed, with a mean delay time of 32 minutes. Passengers vented their ire on social media sites, sharing stories of being held up in traffic for hours on end – in some cases, longer than the duration of the actual flight. A specific Delhi to Bagdogra flight was held up because one of the crew members was unable to make it to the airport in time because of the traffic. A government official explained, "A flight crew member was caught in traffic. This was the sole case of a flight being delayed because of the staff. Otherwise, flights were delayed because of the weather." Commuters Share Harrowing Experiences Social media was filled with reports of severe traffic snarls. One passenger, Arun, tweeted on X, narrating his experience: "3 hours for 2 km at Delhi Airport. Missed my domestic flight. @DelhiPolice — this isn't traffic management, it's a masterclass in incompetence. #DelhiAirport." Another person, Dheeraj Gaur, tweeted arriving at his office after covering just 6.5 km in 1.5 hours. He noted, "The entire Thimayya Marg in the Delhi Cantonment area and the traffic signal outside Airforce Station Palam is choked. People are walking with luggage in hands to reach the airport on time.' A commuter stuck near Palam Airport Road lamented, "I've been stuck at Palam Airport Road near Krishan temple for the last two hours. Delhi Traffic Police personnel are nowhere to be seen. It's absolute pandemonium here — cars are traveling left, right and centre. There was one guy traveling on the wrong side, too."


Hindustan Times
2 days ago
- Hindustan Times
Over 350 flights delayed due to rains, traffic jams in Delhi
More than 350 flights were delayed at Delhi's Indira Gandhi International (IGI) Airport on Thursday after heavy morning rainfall triggered massive traffic jams across the National Capital Region, preventing both passengers and flight crew from reaching the airport. Even hours after the rain had stopped, gridlock on key roads left many unable to reach the airport in time, with several missing their flights altogether. Commuters wade through a waterlogged road after rainfall near AIIMS in New Delhi on Thursday.(PTI) Delhi airport authorities issued advisories urging travellers to opt for the Metro instead of road transport. The Metro's Magenta Line is connected to the airport Terminal 1 and the Airport Express Line (Orange) connects to Terminal 3. 'Heavy rainfall and waterlogging across the Delhi-National Capital Region since morning led to traffic jams on roads to and from the Delhi airport. Our on-ground teams are working diligently, with all stakeholders to ensure smooth journey of passengers. We recommend that passengers consider alternative modes of transportation, such as the Delhi Metro, to avoid potential delays,' the Delhi airport's post on X said. Data from the flight tracking website FlightRadar24 showed by 6pm, at least 377 flights were delayed – with an average delay time of 32 minutes. Passengers used social media to share their ordeal, stating cars remained stuck in traffic for several hours – in some cases longer than the actual flight journey. Among the flights delayed was also a Delhi to Bagdogra flight, after a crew member was unable to reach the airport. The flight eventually departed in the evening. 'A flight crew member got stuck in traffic. This was the only instance of a flight being delayed due to the staff. In other cases, flights were delayed due to the weather,' an airline official said. A passenger, Arun, posted on X that he was able to move only 2km in three hours. '3 hours for 2 km at Delhi Airport. Missed my domestic flight. @DelhiPolice — this isn't traffic management, it's a masterclass in incompetence. #DelhiAirport,' the post said. Dheeraj Gaur, another user, said he reached office after travelling 6.5km in 1.5 hours. 'The entire Thimayya Marg in the Delhi Cantonment area and the traffic signal outside Airforce Station Palam is choked. People are walking with luggage in hands to reach the airport on time,' said Gaur around 11.30am. 'I've been stuck at Palam Airport Road near Krishan temple for the last two hours. Delhi Traffic Police personnel are nowhere to be seen. It's total chaos here — vehicles are moving left, right and centre. One person was driving on the wrong side, too,' said another, at 1.04pm.


Time of India
26-06-2025
- Business
- Time of India
Why are investors shying away from sectoral and thematic mutual funds in 2025?
Mumbai: Equity mutual fund schemes that bet on sector and focused themes - the hot picks of 2024 - are falling out of investor favour amid erratic returns and heightened risk. Net inflows into sectoral and thematic funds , which averaged ₹15,340 crore a month from June to December 2024, have dropped to an average of ₹1,408 crore for the three months from March to May 2025. "Several investors who have been mis-sold these funds, and did not understand the risks, now seem to be liquidating them," says Vicky Mehta, an independent mutual fund analyst. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo Mutual funds raised record money from retail investors through New Fund Offers (NFOs) in segments like defence, tourism, capital markets, energy, manufacturing, innovation, transportation and logistics, automotive, internet economy, realty and many others. As regulations prevent fund houses from operating more than one scheme in each equity category, the industry has found a way around the rule by launching schemes based on various themes. Live Events Agencies "A lot of money in sectoral and thematic funds was raised through NFOs from large fund houses, which were lapped up by investors due to unique propositions," says Dheeraj Gaur, CEO, Arete Capital. Investors were, however, not prepared for the sell-off that began in the last week of September. Sectoral and thematic funds tend to be more volatile than diversified equity funds and often witness sharp falls during market sell-offs. For example, the defence index fell 23% between November 28 and February 28, while the realty index lost 21.2% in a single month between December 27 and January 27. Since February 28, the defence index has rebounded by over 70%, while the realty index has risen by about 20%. Many investors could be using the bounce to liquidate their sector fund holdings. Mehta believes informed investors who understand when to get in and out of sector funds should consider such funds, while retail investors are better off staying away and avoiding fresh allocations.