Speaking at a seminar in Kochi on 'Opportunities in Africa', ambassador of Rwanda to India Lt General Kayumba Nyamwasa said unfair portrayal of African nations in the international media kept investors away from the region. India was in a happy situation in the field of technology, affordable education and knowledge transfer. Africa was also on the move and had come to peace with itself, he said.
The government may roll out a new foreign trade policy (FTP) of a shorter term of two-three years in a bid to keep pace with the fast-evolving scenarios in international trade which have been triggered by recent disruptions, such as the pandemic and the Russia-Ukraine war. An FTP is an elaborate policy guideline and strategy to promote the export of goods and services, with a duration of five years usually. The existing policy came into force on April 1, 2015, and was valid for five years, before multiple extensions.
These measures are part of initiatives by these nations to attract Indian tourists, says Aneesh Phadnis.
Modi's emphasises on transit for trade comes amid Pakistan's reluctance to provide such a facility for two-way trade between India and Pakistan.
The high-end cruise tourism, which is yet at a nascent stage in India because of the underdeveloped port infrastructure, has not dampened the spirits of Indian adventurer.
Direct economic stimulus measures such as tax cuts for individuals and industry would have helped to prop up the Indian economy which was hit hard by the lockdowns across several states in India, say economists and corporate leaders. While the measures announced on Monday are focussed more on the supply side, these steps would take a lot of time to move the needle for the economy.
Several airlines, hotels, travel and tourism companies are expected to move their applications for one-time restructuring as soon as the moratorium ends.
Some 50 people have been rescued so far from cable cars which were left dangling mid-air after a malfunction of the ropeway which saw trolley cars colliding on Sunday 4 pm.
To tap the growing Indian interest, the Department of Tourism and Commerce Marketing, in conjunction with the Dubai Properties Group will organize Dubai real estate road shows in 2007.
The Centre on Wednesday announced a raft of post-retirement employment possibilities for 'Agniveer' like priority in recruitment to the central armed police forces (CAPF) and Assam rifles but that failed to assuage the concerns of the opposition Congress which warned the 'transformative' 'Agnipath' scheme will reduce the operational effectiveness of the armed forces.
Ravi Kumar from Uttar Pradesh's Moradabad fell from the 8,200 metre altitude, which is popularly known as Balcony, and died.
HR Guru Mayank Rautela offers practical advice.
'It is because of the bravery of Colonel Santosh Babu and his men that we have not seen a violent escalation anywhere else along the LAC.'
After a two-year lull, the deal pipeline in India's hospitality sector, which has witnessed a strong revival since the second wave of the pandemic receded, is running full. Family offices, high net-worth individuals (HNIs) and institutional investors are looking at the sector with renewed interest, according to investment and transaction advisory firms working on multiple deals. Most of them declined to divulge details of the deals for reasons of confidentiality. The cumulative debt of the tourism, hotels and restaurant sector rose 8.2 per cent year-on-year (YoY) to Rs 64,408 crore as of March 25, 2022 against Rs 59,519 crore on March 26, 2021, according to the Reserve Bank of India.
The CDS has the option to focus on key areas of capability development to fight new generation wars or get bogged down in trying to bring cosmetic changes to humour the political leadership, asserts Brigadier Narender Kumar (retd).
The country needs 100 million jobs in the formal sector in the next decade to take advantage of its demographic dividend. Also, it should get into the global supply chain to generate many of those by negotiating trade deals effectively, industry players and experts have said. "We need something like 100 million jobs in the next 10 years, which means that the non-agriculture sector has to generate 14 per cent job growth every year," said Aditya Ghosh, co-founder of Akasa Airlines, at the Global Economic Policy Summit organised by the CII.
France has now over-taken the UK as India's most visited European nation
For the first time, Indian airhostess would fly on China Eastern Airlines to India, a move that would be welcomed by Indians who are increasingly travelling to China for business as well as tourism.
The rise of domestic leisure travel, helped by rising income levels, is helping the industry offset the sluggishness in business from foreign visitors
The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.
Keen to extend a warm welcome to millions of tourists during the 2012 Olympics in London, Britain's national tourism agency has put together a list of cultural 'dos' and 'don'ts', including the advise to avoid physical contact with visitors from India.
This is the third road link between the two countries after the Delhi-Lahore and Srinagar-Muzaffarabad bus services.\n\n
'There was hardly any recruitment after the second wave.' 'Now, there is a huge demand for manpower.'
The global COVID-19 situation, rollout of vaccines, geopolitical trends, Union Budget and economic recovery would be the major factors driving investor sentiments in 2021 after a tumultuous year which saw both 'the worst of times and the best of times' for the stock market, said analysts. What a year 2020 turned out to be! From witnessing gigantic losses to record-shattering gains, investors went on a roller-coaster ride amid the coronavirus pandemic and massive stimulus measures. Markets closed 2020 with remarkable gains of around 16 per cent, but will the winning ways continue in 2021 as well?
A committee, which was constituted by the government to investigate the matter, had found the documents submitted by Yadav to be fake.
Indians might have emerged as the new hope for the world travel and tourism industry, but they seem to be giving a miss to the month-long Beijing Olympics slated to begin next month.
Maharashtra minister Aaditya Thackeray on Saturday visited the iconic Wankhede stadium in Mumbai to review the preparations ahead of the Indian Premier League, starting next month.
Sri Lanka on Tuesday deployed military personnel at State-run petrol pumps to monitor and manage fuel distribution amidst a shortage that led to serpentine queues of consumers outside filling stations.
CEOs expect to finish the ongoing March quarter with positive growth as the corporates get back to work in full strength.
Share your memories of the food you ate on your train journey.
India's largest online travel agency, MakeMyTrip said that it is premature to assess the impact of Omicron variant on overseas tour bookings. Others in the travel sector however are worried about cancellations in the coming days as countries tighten travel restrictions. "It is too early to assess the impact of the new Covid-19 variant on outbound travel. "Additional protocols are already set in any case from several countries which will help contain the variant coming to India.
Hit by Covid waves and slowdown, the Indian Railways has still not been able to return to its pre-pandemic passenger traffic, data by ministry of Railways has revealed. In February, the national transporter received 413 million ticket bookings - 43 per cent higher than the previous year, but only 61 per cent of the 675 million in February 2020. According to the statistics, that was the last time the Railways saw more than 500 million bookings in a single month.
Modi was on his first visit to Ayodhya after he laid the foundation stone of a Ram temple at the once disputed Ram Janmabhoomi site on August 5, 2020.
Laxmi Sorte and Kaustav Ghosh, who travelled across 29 Indian states and five Union territories in 101 days, recommend a list of lesser known places in India to add to your travel bucket list.
From hardselling a dream house next to the London Tower Bridge to eyeing tourism and business opportunity at Universal Studios and Disney Destinations; from drawing target customers for Macau casinos to launching travel guides tailored just for the well-heeled in India, global industry majors are rushing in to tap the increasing spending power of the people in this country.
Nearly 250 private liquor vends, licensed under now-withdrawn Excise Policy 2021-22, are running currently in the city.
Virgin Galactic spaceship Unity carrying a crew of four, including British billionaire Richard Branson, dabbled into space and returned to Earth safely, a live stream of the event showed on Sunday.
S&P Global Ratings on Wednesday said Indian banks face a systemic risk as the second COVID wave will impair the performance of financial institutions in the April-September period. Stating that economic recovery remains highly vulnerable to setbacks due to COVID, particularly if fresh outbreaks trigger new lockdowns, S&P said the banking sector's weak loans will likely remain elevated at 11-12 per cent of gross loans in the next 12 to 18 months. "The second wave has front-ended weakness in asset quality," said S&P Global Ratings Credit Analyst Deepali Seth Chhabria. "Financial institutions face a strained first half amid weak collections and poor disbursements."
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