Ravi Kumar from Uttar Pradesh's Moradabad fell from the 8,200 metre altitude, which is popularly known as Balcony, and died.
Will space tourism with a niche market of serving only the uber-rich ever be profitable, asks Kumar Abishek.
With the fresh wave of COVID-19 plunging the hospitality sector back into uncertainty, industry body HAI on Monday said it has asked the government to consider granting infrastructure status to hotels, extend moratorium on loans and rationalise taxes. In its pre-Budget memorandum, the Hotel Association of India (HAI) said policy interventions are imperative for the sector's survival and its early and quick rebound to normalcy. "The hospitality industry was slowly getting into a recovery mode on the strength of domestic tourism - leisure and events, only to be plunged back into uncertainty on account of the Omicron threat.
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.
India's economy is estimated to contract by 9.6 per cent in the fiscal year 2020-21, reflecting a sharp drop in household spending and private investment, and the growth is expected to recover to 5.4 per cent in 2021, the World Bank said on Tuesday. In its Global Economic Prospects report, the World Bank said that the informal sector, which accounts for four-fifths of employment, has been subject to severe income losses during the COVID-19 pandemic.
In a relief for people travelling long distances, the Indian Railways is set to resume serving cooked meals on trains, a service which was discontinued in the wake of the coronavirus pandemic.
France has now over-taken the UK as India's most visited European nation
These measures are part of initiatives by these nations to attract Indian tourists, says Aneesh Phadnis.
At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
Thirty six years down the line, the restaurant still continues to serve people and is famous as the place where Sobhraj was arrested.
'Given the worries about sluggish growth, rising interest rates and likely volatility, it's quite logical to infer that the SIP route could be the preferred way of investing.'
Domestic air passenger traffic was back to the growth trajectory in June amid the falling number of COVID-19 cases in the country with around three million passengers flying on local routes in the previous month as against around two million in May, a report said on Tuesday. Though there is some recovery observed in June, stress on demand continues, driven largely by the second wave of the pandemic, limiting travel to only necessary travel, credit rating agency ICRA said in its report. On a sequential basis, domestic passenger traffic was up 41-42 per cent in June over May.
The rise of domestic leisure travel, helped by rising income levels, is helping the industry offset the sluggishness in business from foreign visitors
Share your memories of the food you ate on your train journey.
The Department of International Relations and Cooperation (DIRCO) in a statement urged world leaders not to implement 'knee-jerk' policy decisions in response to the detection of the Omicron variant.
He was sworn in as a lawmaker on Tuesday.
Prime Minister Narendra Modi Wednesday said the International Monetary Fund (IMF) sees India as a "bright spot" in the global economy and as per the World Bank, India is in a better position to deal with the global headwinds than many other countries. This is because of India's strong "macroeconomic fundamentals", Modi said while virtually addressing the inaugural function of the 7th edition of Invest Madhya Pradesh-Global Investors Summit in Indore. In the past eight years, the government has increased the speed of reforms and removed many hurdles in the way of investments.
Egypt has approved a visa on arrival scheme for Indians wishing to travel across the country.
Exporters on Thursday demanded fiscal incentives, tweaking in customs duties on certain products and credit at affordable rates in the forthcoming Budget to boost exports and create jobs. In a pre-budget virtual meeting with Finance Minister Nirmala Sitharaman, the Federation of Indian Export Organisations (FIEO) said the depreciation of the rupee against the US dollar is affecting exports' competitiveness and the sector requires more support. "Creation of employment is the biggest challenge faced by the country...We would urge the government to provide fiscal support to units which provide additional employment in the export sector," the exporter's body said.
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.
In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.
Citing the examples of Kashi Vishwanath temple, Ujjain and Ayodhya, where major reconstruction works have been carried out in recent years, Modi attributed the "years of neglect" to a "slave mentality".
Several airlines, hotels, travel and tourism companies are expected to move their applications for one-time restructuring as soon as the moratorium ends.
The two leaders would also discuss the proposed visit of Dr Singh to Pakistan, the sources said.
Sri Lankan government on Monday admitted that it has run out of cash to buy fuel as pumps in most filling stations across the country have run dry, exacerbating the deepening foreign-exchange crisis that has crippled the island nation's economy.
Earlier, the limit for the amount of cash that Indians could in foreign exchange for overseas travel was $2,000.
Operators of these beach-side palm-thatched eateries are baffled by the fresh guidelines issued by state tourism department warning them against racial discrimination.
'Oommen Chandy always had time for his people and valued their voices.' 'There was no rest for him as long as the betterment of his fellow citizens was at stake.' Ambassador Venu Rajamony, who knew the former Kerala chief minister for half a century, salutes a beloved leader who worked tirelessly for the welfare of its people.
Hriiyio was only 6 months old when his father, a soldier in the 1 Naga Battalion met a warrior's death in Drass.
Subash Paul, who had fallen sick and was being taken down to safety, lost his life on Sunday night while being rescued to lower camps from near the summit point.
The study draws attention to the contribution of the Indian industry
In his address after more than 75,000 people were given appointment letters for various government jobs in the first tranche, Modi acknowledged the challenges facing the economy the world over with many countries hit by a record inflation and unemployment and said India is making every effort to come out of the situation unscathed.
On an annual basis, we'll seek out solutions to Indian Railways' most critical problems through 'innovation challenge': Suresh Prabhu
Former West Bengal governor Jagdeep Dhankhar's subsequent elevation set a new benchmark for the actions of those who occupy Raj Bhavans, observes Aditi Phadnis.
Why Nita and Mukesh Ambani hosted Radhika Merchant's arangetram.
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.
China with 163% projected growth is expected to lead globally.
Indians received the lion's share of H1-B visas over the 12-month period ending September 2004, and the H1-B post at the US Consulate General Office in Chennai was one of the busiest such offices in the world, a US consulate official said.