In a major breakthrough, the National Investigation Agency (NIA) has arrested a key conspirator in Bengaluru's Rameshwaram Cafe blast case, according to an official statement issued on Thursday.
There's plenty of room for everybody. With the demand for low-cost accommodation on the rise, a whole host of hospitality firms, both foreign and local, is planning to set up budgets hotels.
In a continued push to spiritual tourism, there will be a focus on destinations related to the life and times of Lord Buddha.
Reliance 4IR Realty Development, a unit of Mukesh Ambani's Reliance Industries, paid a Rs 86.5 crore 'development fee' to license the Trump brand for a forthcoming real estate project in Mumbai.
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.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
Devika Rotawan, a survivor of the 26/11 Mumbai terror attacks, has demanded the death penalty for Tahawwur Hussain Rana, a key accused extradited from the US. Rotawan, a key witness in the case, identified terrorist Mohammed Ajmal Kasab in court during the trial. She believes the extradition is a "big win" for India and called for further action against other conspirators in Pakistan.
ITC's move to demerge the hotel business into a new entity, ITC Hotels Ltd, is a step in the right direction and will allay investor's concerns on the company's capital allocation strategy in the medium-to-long term, said analysts at Morgan Stanley in a note. According to the company, the board of directors has approved in principle the demerger of the hotels business, wherein ITC will hold a 40 per cent stake in the new entity, and the remaining 60 per cent will be held directly by shareholders. The scheme of arrangement shall be placed for approval of the Board at its next meeting to be convened on 14th August 2023.
'Only those who live through these situations understand the true cost of war.'
Vance is expected to be accompanied by at least five senior officials, including from the Pentagon and the State Department, the people cited above said.
'Demand in India has been outstripping supply.'
With just four trading sessions to go for the ITC-ITC Hotels demerger record date shares of ITC continue to consolidate in a thin range of Rs 460 - Rs 480 in an otherwise volatile equity market. On Tuesday thus far despite a near 1 per cent fall in the Sensex and Nifty; ITC traded on a flat note. ITC had set the demerger ratio at 1:10 - meaning 1 share of ITC Hotels for every 10 shares of ITC as of the record date January 6, 2025.
India's economic growth slowed to 7.4 per cent in the March quarter, bringing down the annual growth rate to 6.5 per cent during 2024-25, according to official data released on Friday. The growth in the January-March period was lower than the 8.4 per cent expansion in the year-ago quarter.
The Mumbai-born film-maker is currently working on two films set in her city, which will form a trilogy along with All We Imagine As Light.
Slowing economic growth and an oversupply of new hotels conceived during the boom years of 2006 and 2007 have led to falling room and occupancy rates in India.
Senior Congress leader Shashi Tharoor welcomed the extradition of Tahawwur Hussain Rana, a key accused in the 26/11 case, and said everyone associated with the conspiracy of the Mumbai terror attacks must face the court of justice. He described Rana's extradition as a "step forward for justice." Rana, a Pakistan-born Canadian national and close associate of David Coleman Headley, is being brought to India after his last-ditch attempt to evade extradition failed. Tharoor expressed hope that the interrogation of Rana would provide more details about the Mumbai attacks and said he was "very glad" that Indian authorities managed to get Rana's custody.
The labourers, who are said to be of Nepali origin, were engaged in the construction of a hotel.
Around 300 athletes were expected to compete in four snow sports -- ski mountaineering, alpine skiing, snowboard, and Nordic skiing -- in the games, which had been due to be held from February 22 to 25.
The Delhi government will stop providing petrol to vehicles older than 15 years at fuel stations across the city after March 31, Environment Minister Manjinder Singh Sirsa announced. The decision is part of the government's efforts to combat air pollution in the national capital. The meeting focused on key policy decisions, including restrictions on older vehicles, mandatory anti-smog measures, and the transition to electric public transport. The government will install gadgets at petrol pumps to identify vehicles older than 15 years, and no fuel will be provided to them.
India and the US desire to give preferential market access to each other's businesses and teams of both the countries are working together on the proposed bilateral trade agreement, Commerce Minister Piyush Goyal has said. In February, US President Donald J Trump and Prime Minister of India Narendra Modi announced plans to negotiate the first tranche or phase of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall (September-October) of 2025.
Asia and South America are drivers for growth in the hotel sector in the Gulf, particularly for Dubai, where demand is only limited by the number of available airline seats, senior hotel officials have said.
As the election nears, political positions on prohibition are shifting.
From specialised senior-friendly tours to redesigned hotel amenities, hotels are becoming increasingly attuned to the unique requirements of elderly travellers.
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.
For the first time, the Data Security Council of India assembled a joint task force to source threat intelligence at the origin and ensure coordinated action across the cybersecurity spectrum.
Tahawwur Hussain Rana, a key accused in the 26/11 Mumbai terror attacks, was brought to India on Thursday after being "successfully extradited " from the US, the National Investigation Agency (NIA) said. The 64-year-old Canadian citizen of Pakistani origin landed in Delhi in a special plane on Thursday evening, ending days of speculation of when and how he will be extradited, officials said. The NIA said in a statement that it had secured the successful extradition after years of sustained and concerted efforts to bring to justice the key conspirator behind the 2008 mayhem that claimed 166 lives. Rana is accused of conspiring with David Coleman Headley alias Daood Gilani, and operatives of designated terrorist organisations Lashkar-e-Taiba (LeT) and Harkat-ul-Jihadi Islami (HUJI) along with other Pakistan-based co-conspirators, to carry out the the three-day terror siege of India's financial capital.
Tahawwur Hussain Rana, a Pakistani-born Canadian national accused of playing a role in the 2008 Mumbai terror attacks, has been extradited from the United States to India. Rana was arrested in the US in 2009 and convicted in 2011 for providing material support to the Lashkar-e-Taiba terror group, which carried out the Mumbai attacks. He had been fighting extradition since 2012, but the US Supreme Court ultimately denied his review petition, paving the way for his transfer to India. Rana will now face trial in India for his alleged role in the attacks, which killed 166 people.
India's Finance Minister Nirmala Sitharaman has announced an ambitious plan to develop the country's top 50 tourist destinations in a "challenge mode", with the aim of boosting employment-led growth and attracting international visitors. The Ministry of Tourism has received a significant budget increase for 2025-2026, with a focus on enhancing tourism infrastructure, promoting domestic and international travel, and ensuring the safety of tourists, particularly women. The government plans to promote homestays, improve connectivity to tourist spots, and provide performance-linked incentives to states that demonstrate effective destination management. The budget also includes investments in public enterprises, skill development programs, and initiatives to promote medical tourism and spiritual tourism.
A court in New Delhi has sent Tahawwur Hussain Rana, the mastermind behind the 2008 Mumbai terror attacks, to 18 days of National Investigation Agency (NIA) custody. The court cited the need for sustained interrogation to uncover the extent of the conspiracy and the involvement of multiple targets across India, including New Delhi. Rana, a Pakistani-origin Canadian businessman and close associate of 26/11 conspirator David Coleman Headley, was extradited to India after the US Supreme Court dismissed his review plea against his extradition.
In response to the panic triggered by Trump's trade policies, the RBI net sold approximately $43 billion in the second half of FY25 to curb volatility, as the rupee plunged to a low of 87.95 per dollar in February this year.
The incident took place when Anokh and his wife Lipsy were returning home after having dinner at a hotel on the Ludhiana-Malerkotla road, police said.
Delhi Chief Minister Arvind Kejriwal 'directly used' part of the alleged Rs 100 crore generated from the 'kickbacks' of the Delhi excise policy 'scam' by staying in a luxury hotel in Goa, the Enforcement Directorate (ED) has claimed in its charge sheet filed against the Aam Aadmi Party supremo.
There remains a debate on who said this: "When the facts change, I change my mind. What do you do, Sir?" Was it the British economist John Maynard Keynes or the American economist Paul Samuelson. Irrespective of who said it, this sentiment appears to have found resonance in ITC's boardroom in recent years.
The National Investigation Agency (NIA) has alleged that key conspirator Tahawwur Rana, who has been remanded to 18-day NIA custody, devised terror plots similar to the 26/11 Mumbai attacks that were meant to target multiple Indian cities. The NIA believes that the tactics used in the Mumbai attacks were intended for execution in other cities as well, and that similar plots were developed elsewhere. Rana will be questioned in detail in order to unravel the complete conspiracy behind the deadly 2008 attacks, which saw 166 persons being killed and over 238 sustaining wounds.
'Consumers are willing to increase travel spends by 20-30 per cent versus pre-pandemic.'
US Vice President J D Vance and his wife Usha arrived in Delhi on Monday for a four-day visit. They were welcomed by Union Minister Ashwini Vaishnaw. Vance's visit comes amid ongoing trade talks between India and the US. Prime Minister Narendra Modi will host a dinner for the Vances on Monday evening after holding talks with the US Vice President. Vance and his family will also travel to Jaipur and Agra during their trip.
Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India.
The Bahujan Vikas Aghadi supporters gheraoed Vinod Tawde and raised slogans.
Pakistani-origin Canadian businessman Tahawwur Rana, a key accused in the 26/11 terror attacks case, stayed at a hotel in Mumbai's Powai area for two days in November 2008 ahead of the attacks, where he discussed about the crowded places in south Mumbai with a witness in the case, the police said on Tuesday.
