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.
India is ready, after battling the pandemic for two years, to travel once again.
'The need for added safety has bolstered demand for charter flights in the last year and is expected to continue.'
While Yatra is building a digital services platform to offer skill development training and sourcing solutions to corporate, Thomas Cook has partnered ICMR-accredited labs to offer Covid-19 certification, and MakeMyTrip is offering chartered flight services.
In an e-mail written on February 4, the Anil Dhirubhai Ambani Group firm has asked Fame's promoter Shravan Shroff to explain why he sold his family's 43.28 per cent in Fame India to INOX Leisure for Rs 44 a share when Reliance had made a 'firm offer' to buy it for Rs 80 a share.
The Doha-based airline operates across 145 business and leisure destinations spanning over the Middle East, Asia Pacific, Africa, North America and South America with a fleet of 139 aircraft.
What will be the impact on the Euro itself? Will it devalue and to what extent?
Puma, the German sports brand, is foraying into swimwear segment in India. The company's Indian arm is eager to repeat the Chak De! India experience through its product placements. Puma is introducing 20-30 designs of swimwear for men and women, comprising performance and leisure wear. Puma feels that the category has immense potential in the leisure space. The beachwear concept is picking up. It operates in 20 exclusive brand outlets & is looking at closing this year by 35.
A task force, under the chairmanship of the secretary (tourism), with the secretary (shipping) as co-chairperson, has been constituted to promote cruise tourism in the country, reports Megha Manchanda.
'This is a blip in the 100-year history of cinema.'
What if Lagaan was remade today? Sukanya Verma picks actors best suited for the key roles.
The airline will utilise new Airbus A320s, scheduled for delivery this year, to accommodate much of the increased frequencies.
Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.
In India, many cities lack bicycle lanes and proper pavements. This, coupled with heavily congested roads, creates a danger to cyclists. Furthermore, the low costs of bicycles may make it more economical to buy than to rent.
The right investment at the right age will help you enjoy a secured post retirement life.
With India fast emerging as an important leisure marine market, traders at the Mumbai International Boat Show (MIBS) 2010 hope to sell around 100 small boats and luxury yachts to high networth individuals (HNIs) in the country.
The outbreak of COVID-19 has adversely impacted the occupancy levels at hotels across 11 major cities, resulting in a decline of up to 29 per cent in revenue per available room (RevPAR) during January-March this year, according to JLL India. While occupancy level fell in a range of 5-17 percentage points, the RevPAR was down 13-29 per cent across 11 cities -- Ahmedabad, Bengaluru, Chennai, Delhi, Goa, Gurugram, Hyderabad, Jaipur, Mumbai, Pune and Kolkata.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Advertisement revenues will go up in 2016-17 with automobiles and e-commerce being big contributors.
'People are getting admitted to hospital two to three days before their death in a very serious respiratory compromise state and they are passing away within 48 hours.' 'Those who are coming early in the disease, the minute they are suspicious that they have COVID-19, the recovery rate has been much, much, higher.' 'The moral of the story is: We must destigmatise COVID-19.' 'People should be told: 'Look, if you have anything like this, please come immediately'.'
In 2015, 130,000 Indians visited Turkey.
Expect a more modest out-turn of around 5 per cent (if not less) because of the longer-term scarring effects of the Covid shock, the sharply slowing growth in the pre-Covid years and some scepticism about the growth-efficacy of some of recent official policy initiatives, explains Shankar Acharya, former chief economic advisor to the government.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
From the boxing ring to the shooting range to the athletics arena, it was India shining on the penultimate day of the 21st Commonwealth Games where the country claimed its biggest single-day haul of the ongoing edition, ensnaring eight gold medals across five disciplines.
Priyanka Gill, founder and editor-in-chief of fashion website POPxo.com, talks about how she got Zara Shahjahan, Faiza Samee, Sania Maskatiya and Rizwan Beyg to showcase their creations at Lakme Fashion Week in Mumbai.
Indian boxing star Vijender Singh's next bout was postponed from April 2 to April 30 due to technical reasons.
Women formed the core of India's stupendous day four at the 21st Commonwealth Games where a 16-year-old Manu Bhaker delivered a record-shattering shooting gold medal and the table tennis team shocked fancied defending champions Singapore to clinch the top honours for the first time in the event.
Meet Anna Fernandes of Quan Spa, JW Marriott Pune. She was awarded the Spa Manager of the Year at the GeoSpa Global Spa Awards 2018.
Coffee Day Enterprises Ltd is backed by KKR & Co.
People have developed a fatalistic attitude where they believe that anything can happen. They think, 'there's no medicine, no beds in the hospitals, what are we alive for?' And when you get that kind of an attitude, you stop taking precautions
New models of skilling will provide both jobs and entrepreneurship opportunities to inspire recipients to capture the jobs or entrepreneurial opportunities they seek and provide them the agency to stay on and improve on their skills on the job, says Ganesh Natarajan.
The year 2017 could be the third year of a double-digit growth in arrivals from China after years of low single-digit growth
Rising prevalence of work-from-home and e-learning is driving sales of notebooks and tablets for most brands, but Apple's superior performance has more to do with its product quality.
Up in the Sky, Helicopter Stories takes us through the exotic and even charming world that Nitin Sathe has lived as an Indian Air Force pilot, says Ajit Balakrishnan.
The ED has attached properties worth Rs 4,109 crore spread across various states in a money-laundering case linked to an alleged ponzi scheme, the agency said on Thursday. The case pertains to the Agri Gold Group of Companies. Three promoters of the group were arrested by the central agency on Tuesday.
Mahindra Holidays & Resorts plans to have close to 5,300 rooms in the next 3- 4 years from the current 3,700 rooms.
Many countries are taking steps to ease processing. However, travellers should have a justifiable reason for the visit and their finances should be in order.
'The blockbusters are unlikely to be launched in 2020.' 'They will move into the 2021 cycle when confidence level among people will be higher.'
There was ecstasy and agony in equal measure for the Indian contingent on Friday.
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