The Indian economy is likely to post better than anticipated growth in the second quarter (July-September) owing to robust urban consumption and expansion in services, a Business Standard analysis of high-frequency indicators showed. While gross domestic product growth in the September quarter is expected to come below the 7.8 per cent print in the June quarter due to a favourable base fading, analysts say the print will be much closer to 7 per cent than the 6.5 per cent anticipated earlier. While the Reserve Bank of India (RBI) had estimated 6.5 per cent growth for July-September, last month Governor Shaktikanta Das said the growth figure would surprise on the upside.
While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.
As part of its efforts to showcase India's cultural and regional diversity at a global stage, the Modi government has hosted G20 events across the country's length and breadth.
Experts believe the slowdown or the rupee depreciation has not been able to kill the spirit of the Gujarati traveller.
'This may open up doors for private players in India to collaborate with global players in commercial missions.'
China on Friday said it will not attend the planned G20 tourism working group meeting in Jammu and Kashmir next week, asserting that it is "firmly opposed" to holding such meetings in the "disputed territory".
The 78-year-old Naveen is on the cusp of creating history. He must win the forthcoming Assembly polls to become India's longest-serving chief minister, a record held by Sikkim's Pawan Kumar Chamling.
Tourism is badly affected. Entire apple orchards have been washed away. 2 million people are threatened with loss of livelihood.
On the itinerary: Luxury camping, tribal homestays, heritage cities.
Returning home after a five-day high-profile state visit to China, Maldives President Mohamed Muizzu on Saturday struck a defiant note saying that his country may be small but 'doesn't give them the license to bully us'.
Petrol and diesel prices were cut by Rs 2 per litre each as state-owned oil companies ended a nearly two-year-long hiatus in rate revision, just hours before the general election schedule was announced.
The residents of the Arunachali village, Mago Chuna, have a message for our neighbouring nation.
Billionaire Gautam Adani to two Union Ministers and Maharashtra Deputy Chief Minister Devendra Fadnavis among others on Sunday hailed India crossing $4 trillion mark though there was no official confirmation if the country has achieved the landmark. The finance ministry and the National Statistical Office did not immediately comment on the viral social media post on India's GDP crossing $4 trillion. Highly placed sources said that the viral news was incorrect and India was still shy of that landmark.
Talking to reporters, state Tourism Minister Rohan Khaunte hailed Eurica Dias for his selfless action and said it indicated that locals in the coastal state are basically helpful.
The Congress had released 'Farmers Declaration', 'SC, ST Declaration' and 'Youth Declaration', comprising its promises to the Telangana voters in the assembly polls scheduled to be held in a couple of months.
Stating that Art of Living (of Sri Sri Ravishankar) and Ramdev are doing good work, Gadkari asked them to start ayurvedic spas to give massages and ayurvedic treatment at these islands being opened up.
Narendra Modi has proved through execution of this event in Ayodhya that amongst all his contemporaries in politics he knows ordinary Indians like none other, notes Sheela Bhatt.
Bollywood folk graced the stage at the 14th Indian Film Festival of Melbourne, received awards, promoted their films and laughed loud at IFFM. Then, they got all touristy and explored the Australian city, enjoying its sights and sounds.
'The two sides agree to continue firmly supporting each other in safeguarding their respective core interests,' a joint statement issued at the end of Muizzu's talks with Chinese leaders said.
The company said this would boost their efforts to send tourists to space by 2009 and help quick point-to-point travel across the earth using a space vehicle.
'This is what happens to a party when it gets trapped in the vicious circle of nepotism and dynastic politics'
Nepal draws tourists from China, Europe, USA, Australia and India.
Nearly 90 per cent of the stocks comprising the National Stock Exchange Nifty 500 Index and 49 of the 50 stocks that make up the Nifty50 are trading above their respective 200-day moving averages (DMAs). The 200-DMA is considered one of the most relevant trend indicators by investors and traders. They believe that stocks and indices trading above this key level exhibit strength and are likely to rally, while those trading below this level are viewed as bearish, with the stock/index expected to see a selloff.
For Indians, Sri Lanka is one of the favourite venues for destination weddings. But last month, when a family from Delhi chartered a Vistara Airbus A320 to Colombo, it packed much more than the standard paraphernalia of clothes, gifts and jewellery. The family ferried meals from Delhi for all the guests and to cover their entire stay in Colombo due to the food and fuel shortages in the island nation.
Global hospitality major IHG Hotels and Resorts saw its business surpass pre-pandemic levels in 2023 on the back of "unprecedented growth" in the tourism industry, a senior company official said. The UK-headquartered company, which operates Holiday Inn, Holiday Inn Express, Crowne Plaza and luxury brands like Intercontinental and Six Senses in India, launched its premium lifestyle brand voco in January this year, with the first property set up at Jim Corbett in North India. The group, in total, signed 15 new deals in 2023.
In reflection of their growing congruence in areas of defence and security, the two sides, following the Modi-Mitsotakis talks, agreed to set up an institutional dialogue at the level of national security advisors, and boost defence industrial cooperation.
'Our love for our great nation -- Bharat is second to none and our patriotism towards our motherland -- India is for the entire nation to emulate.'
Tourism Malaysia is close to tying up with Indian Airlines and SriLankan Airlines to offer competitively priced tour packages to travellers from India.
Stressing that tourist bonanza, pilgrimage travel, religious fervour are needed, but can wait for a few more months, the IMA, in a statement, said global evidence and the history of any pandemic suggest that 'the third wave is inevitable and imminent'.
As India's diplomatic tensions with the Land of the Maple Leaf escalate, so do the anxieties of countless Punjabis.
The bus careened and went down to a field behind the highway, leaving a few passengers slightly injured. Its occupants were brought back to Purulia town in West Bengal for medical treatment, a party leader said.
Modi also asked people to take 10 pledges, including helping at least one poor family to raise its socio-economic status.
The cross-border rail project near Tripura's capital Agartala and Akhaura in Bangladesh is expected to boost cross-border trade, and significantly reduce the travel time between Agartala and Kolkata via Dhaka.
Polycab India, Power Finance Corporation, Shriram Finance, and Union Bank of India appear poised to transition from the mid-cap to the large-cap category within the domestic mutual fund industry. Their market capitalisation (m-cap) now ranks among the top 100, which is the threshold for the large-cap universe defined by the Securities and Exchange Board of India.
Singapore is the most favoured destination for people living in India, Indonesia, Thailand, Hong Kong and the Philippines when it comes to post-lockdown travel.
Prime Minister Narendra Modi is set to be the mascot of 'Incredible India' campaign with the Tourism Ministry finally deciding to do away with plans to rope in any Bollywood stars, including Amitabh Bachchan, for the role which was lying vacant after ouster of Aamir Khan earlier this year.
Outward remittances under the Reserve Bank of India's (RBI's) liberalised remittance scheme (LRS) surged by 50.64 per cent to $9.1 billion in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24), driven by healthy growth across segments due to a revision in the timeline of tax collected at source under the LRS scheme and normalisation in international travel. Major drivers include equity and debt investments, deposits, and the international travel segment, among others. According to the latest RBI data, the amount remitted under LRS stood at $9.1 billion in Q1FY24, compared with $6.05 billion in the same quarter last year.
The committee will submit its report in two months and its chairperson can invite any expert of any institution in the country to help in the probe into the April 10 tragedy, a notification by Jharkhand tourism department said.
India and Saudi Arabia on Monday decided to expedite implementation of the $50 billion West Coast refinery project, and identified energy, defence, semiconductor and space as areas for intensified cooperation during talks between Prime Minister Narendra Modi and Saudi Crown Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud.
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