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.
'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.'
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.
'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.
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'.
'This is what happens to a party when it gets trapped in the vicious circle of nepotism and dynastic politics'
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.
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.
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.
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.
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.
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.
In 2007, 5.08 million tourists had thronged India. This has helped India get Rs 50,730 crore (Rs 507.3 billion) worth of foreign exchange in 2008 compared with Rs 44,260 crore (Rs 442.6 billion) in 2007, up about 14 per cent, she added.
The country's fourth budget carrier has also announced the addition of Kochi to its existing network from July 20.
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.
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.
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.
Under the graded relaxation, the government has decided to restore with immediate effect all existing visas, except electronic visa, tourist visa and medical visa, the statement said.
The palace, currently run by JLR, will be offered to bidders on a long-term management contract.
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 paper suggests the strategy needs to be area-specific eg, border tourism can be promoted aggressively in the Turtuk or Siachen sector, and Daulat Beg Oldi or Depsang plains.
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.
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.
Around 25 buses carrying Trinamool Congress volunteers set out from Kolkata on Saturday for the planned protest programme in Delhi on October 3 against the alleged withholding of funds by the Centre, party leaders said.
Thousands of movie buffs remember the double deckers of Mumbai, associating them with stars and blockbuster songs of yesteryear, recalls Debarghya Sanyal.
With the spate of businesses turning their attention to Ayodhya, land rates have shot up, in some pockets by as much as 10 times. Whether one walks into a hotel lobby or sits down for a meal, land deals are being discussed at every other table -- one on one or among groups.
Israel has broken its tourism record of Indian arrivals for the second consecutive year!
The Indian Consulate in Sydney was on Monday evacuated in view of the hostage situation in a caf near its premises and all the staff members are safe, the external affairs ministry said.
Notwithstanding the terror strikes on Mumbai, India continues to attract tourists with a majority of them flocking Kashmir, a top Indian tourism official has said.
India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI said on Sunday. Global Trade Research Initiative (GTRI) said that transforming a currency into a hard currency is a complex process that hinges on several pivotal factors. Firstly, economic stability is paramount; a country must exhibit low and stable inflation, consistent growth, and a balanced trade environment.
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.
India will encourage greater investments in Sri Lanka's economy, especially in areas of energy, tourism and infrastructure, External Affairs Minister S Jaishankar said on Friday, as he expressed India's solidarity with the debt-ridden Island nation during its "difficult moments".
In Ahmedabad to promote tourism in the island nation, Fernando said China has made a lot of investment in Sri Lanka and has been 'understanding its requirements in the past'.
The government has also set targets for the next 25 years. We are working on the target of becoming a $5-10 trillion economy as well as taking exports to a record high, he said.
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