Domestic air passenger traffic plunged around 43 per cent month-on-month at 64 lakh in January 2022 as the third wave of the pandemic and the resultant restrictions by state governments kept flyers away from air travel, Icra said on Tuesday. The domestic passenger volume in December 2021 was recorded at 112 lakh. The rating agency said it is expecting the recovery process to remain subdued during March quarter and that the jet fuel prices continue to be a drag on the sector. The passenger traffic declined 17 per cent last month over 77 lakh passengers transported by domestic airlines on local routes in January 2021, Icra said.
Where were Bollywood stars travelling last weekend?
After Bandhan MF's US Treasury Bond 0-1 year Fund of Fund (FoF), Aditya Birla Sun Life (ABSL) MF has come out with US Treasury 1-3 Year Bond ETFs FoF and 3-10 Year Bond ETFs FoF. US bonds, which generally offer low yields, have turned attractive post the 525-basis point hike in US interest rates. According to Bloomberg data, the 1-year and 2-year US treasury yields now stand at 5.4 per cent and 5.1 per cent, respectively. Although the yields remain lower than what Indian government bonds offer, the differential has come down steeply.
The Rajasthan Royals travelled in style to Pune for Tuesday's IPL 2022 game against the Royals Challengers Bangalore.
'All games in Mumbai-Pune, no flights, less travel, enough rest, small grounds, fast outfield, two new teams. Koi jukega nahi.'
Spectators have been urged to respect Qatar's legal and cultural norms, including its restrictions on drinking, drugs, sexual activity, and attire.
Mamallapuram's Group of Monuments -- a collection of 7th- and 8th-century religious structures -- attracted 46 per cent of the total foreign tourists who visited India compared to 12 per cent by the Taj.
Gauff survives scare, Osaka advances
Should he begin the yatra from Gujarat's Porbandar, the birthplace of the Mahatma, on October 2, and skip campaigning for the five assembly polls?
Air India on Thursday unveiled a new brand identity and aircraft livery as the airline moves ahead with its transformation plan since being taken over by Tata Group more than one-and-a-half years ago. The new look re-imagines the iconic Indian window shape, historically used by Air India, into a gold window frame that becomes central to the new brand design system. It symbolises a 'Window of Possibilities', according to a release.
The spike in food prices at the onset of the monsoon season has corroborated the Reserve Bank of India's (RBI's) view that the fight against inflation is far from over, the State of the Economy report of the central bank said. At the same time, the report said that the country is poised to become the fastest-growing major economy in the world, notwithstanding some sequential moderation in economic activity in June. Consumer Price Index (CPI)-based inflation rate increased to 4.8 per cent in June 2023, from 4.3 per cent in May, primarily on account of an increase in food inflation.
'There is no scope for any doubt. This was a scheme designed to enrich the ruling party.'
Russia proceeds "from the postulate, a negotiated solution to the Palestinian-Israeli conflict has no alternatives," said Putin while speaking at the Commonwealth of Independent States summit in Bishkek, Kyrgystan on Friday.
The only son of JKNPP founder Bhim Singh has apologised to Prime Minister Modi for participating in an anti-government protest in February last year that led to him being blacklisted by the High Commission.
Ousted Pakistan prime minister Imran Khan is on his way to Islamabad.
The Economic Offences Wing of the Delhi Police has filed an FIR against former BharatPe co-founder Ashneer Grover, his wife Madhuri Jain Grover and family members Deepak Gupta, Suresh Jain and Shwetank Jain for an alleged Rs 81 crore fraud after a complaint by the fintech unicorn. The FIR, a copy of which has been seen by PTI, was filed under eight sections of the Indian Penal Code, including 406 that deals with criminal breach of trust, 420 (cheating and dishonesty), 467 and 468 (forgery). BharatPe in the complaint alleged that Grover and his family caused damages of about Rs 81.3 crore through illegitimate payments to bogus human resource consultants, inflated and undue payments through passthrough vendors connected to the accused, sham transactions in input tax credit and payment of penalty to GST authorities, illegal payment to travel agencies, forged invoices by Madhuri Jain and destruction of evidence.
No.1 ranking will inspire 'Gen-Next' of Indian tennis, says Rohan Bopanna after achieving the feat
Consumption-related stocks, such as hotels, and quick service restaurants (QSRs), have been hitting the ball out of the park ahead. On the other hand, the Miss World Pageant scheduled for later this year in New Delhi, too, could provide some tailwind to these stocks, especially hotels and aviation. However, analysts suggest investors put their best foot forward and buy these counters only on a decline given the recent rally and economic headwinds.
Reuters's Indian Photojournalists Adnan Abidi, Amit Dave, Danish Siddiqui and Sanna Irshad Mattoo were awarded the Pulitzer Prize for Feature Photography at Columbia University in Manhattan, October 20, 2022.
Calendar 2022 will go down as a year when the real star was the Next Big Idea.
The Canadian government announced that this new requirement will come into effect on January 5, at which point travellers aged two and older will need to provide proof of a negative test before leaving for Canada.
The Karnataka government issued orders to implement the 'Gruha Jyoti' and 'Shakti' schemes.
Travelling from airport to Navrangpura, at the heart of the city and then to Motera at the other corner, not for once did it feel like there is a marquee cricket match being hosted in the city, tickets of which are already sold out.
Pakistan women's cricket team captain Bismah Maroof's infant daughter, Fatima, has been denied accreditation to access the Commonwealth Games Village in Birmingham
Rafael Nadal is aiming to successfully defend his Australian Open title at the first Grand Slam of the year in January after an injury-plagued 2022.
'We hear about Chanda Mama from our childhood.' 'I am excited by the idea of seeing it with my eyes.'
The ED said Das stated that his first statement given to the agency on November 3 last year in which he cited Baghel's name was "true and correct".
Rediff.com's Prasanna D Zore, Hitesh Harisinghani and Afsar Dayatar return moist-eyed, elevated, after spending an evening with clowns and derring-do stunt artistes at Rambo Circus.
'If it is your second car (electric vehicle), you typically keep it for travel within the city.' 'And the first car (internal combustion engine-run vehicles) can then be used to travel to some other cities.'
The 2022 World Cup will not be held in Qatar because of the scorching temperatures in the Middle East country, FIFA Executive Committee member Theo Zwanziger said on Monday.
He halted for a while to let the ambulance pass.
They agreed to continue technical exchanges to help end the epidemic worldwide as soon as possible, it said.
The Congress will begin the Rahul Gandhi-led Bharat Jodo Nyay Yatra from the violence-hit Manipur on Sunday, in what is being seen as the party's bid to set the narrative in the run-up to the Lok Sabha polls and put the spotlight on issues such as unemployment, price rise and social justice.
The Bureau of Indian Standards (BIS) will engage stakeholders in the e-commerce space to establish standards with the objective of self-regulation, said its deputy director Parul Gupta at the Internet Commerce Summit 2022 in Bengaluru. "Standardisation will allow parties to transact qualified commodities and services at any location and time," said Gupta. BIS recently released standards for e-commerce players, travel portals, and food delivery platforms that publish consumer reviews online, as part of the government's efforts to crack down on fake reviews, said Gupta.
Last week, the Delhi high court ruled that the mere use of trademarks on Google Ads, an online advertising platform, did not amount to infringement under the Trade Marks Act, 1999. This was after online travel agency MakeMyTrip (MMT) claimed that its trademarks, "Makemytrip" and "MMT", were being used as keywords in Google Ads to display ads and links of its rival Booking.com. The order has opened up a new debate on trademark infringement in the digital realm, revolving around whether it can create confusion among users.
'This marks my fourth 50-over World Cup match. Our team and I are committed to giving our best performance, with the primary goal of reaching the semi-finals. I'm fully prepared to put in the hard work necessary to achieve this.'
While recalling the order, the bench agreed to the contention of the law officer that there was a "breach of principle of natural justice" as the government department was not accorded the hearing.
A Kashmiri Pandit himself, Kaul feels, it is time now for the people to move forward, after more than 30 years of unbridled violence.
Diversified entity ITC Ltd on Monday said it will demerge its hotels business by incorporating wholly-owned subsidiary ITC Hotels Ltd, paving way to attract appropriate investors and strategic partners. With the company's hotels business maturing over the years, the company said the vertical is ready to chart its own growth path as a separate entity in the fast-growing hospitality industry. "The Board of Directors of ITC Ltd at its meeting held on July 24, 2023, evaluated and discussed various alternative structures for the hotels business.
