INR is gaining pace as the Current A/c Defecit has been bought under control. Also, the RBI's move to withdraw pre-2005 currency from circulation would contribute to this.

Yes, increased foreign investment on reform hopes.

I for one hope it comes down to around 50 again!

same here....

I'd like it to come down to that level after about a year and then go back up (after I have withdrawn some funds) :p

some faux analyst taking an absurd metric to thrash AI:
http://airinsight.com/2014/04/04/why...line-in-india/

So glad I don't have to deal with these reps on a regular basis. First call yes sir seats are available but we can't book child only in Premiere and attach to your booking. Second call no sir no seats are available when the availability is C6 J6 Z6 I4 P3. Third call seat booked without any problems. Wasted 30 minutes!

It seems I like to live dangerous... yesterday I booked a separate ticket to connect from LH arriving in BOM at 23:20 to a S2 domestic flight from T1B at 02:45. With luggage. In the middle of June, when the rains will just set in. Pray from me.

On the return I'm on AI with a intl flight operating domestic arriving in DEL at 22:30 for a LH departure at 00:45 with no luggage. It seems I like to live risky.

June, July or August departing out of DEL without luggage? 135 minute scheduled in sounds like a walk in the park there, even if having to get to the check-in counter at least 60-75 minutes before the LH departure.

Even the BOM one doesn't sound so bad since it's nighttime.
I'm in a different boat and like it at 60 to the USD (as it is again today). My Indian cost structure works out better this way, and my Indian assets hold up fine.

When is the Sahar shuffle supposed to end?

You mean when BOM T1 closes? End of 2014ish....

Is the domestic pier of the T2 due to be finished by then..?

Now its next year: http://www.business-standard.com/art...0800652_1.html

Visa on arrival to be extended:

http://www.bbc.com/news/world-asia-india-26062351

AI Strike ?
 

Just read a blurb re AI pilots may go on a strike. Just when it seems to be "coming back", getting ready to join Star A.