The second wave of the coronavirus pandemic is likely to delay recovery in air passenger traffic with an 80-85 per cent growth year-on-year this fiscal against the earlier estimate of 130-135 per cent, ratings agency ICRA said on Monday. The domestic passenger traffic, which witnessed a steady ramp-up after resumption of airport operations since May 25 last year and reached 64 per cent of the previous year levels in February, has again suffered a setback, the ratings agency said in a report. The spike in coronavirus infections towards March-end and April has resulted in several state governments implementing fresh restrictions, resulting in a marginal 0.7 per cent de-growth sequentially in traffic in March.
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.
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.
In a bid to support revival of sectors hit most by the Covid-19 pandemic, Reserve Bank of India on Friday decided to open a separate liquidity window of Rs 15,000 crore for certain contact-intensive sectors like hotels and restaurants, tourism and aviation ancillary services.
What will be the impact on the Euro itself? Will it devalue and to what extent?
Laxmi Sorte and Kaustav Ghosh are on a 101-day road trip across India to support and encourage local businesses affected by the pandemic.
Close to half a dozen more three-row premium mid-size models are expected to hit the road over the next two years.
The airline will utilise new Airbus A320s, scheduled for delivery this year, to accommodate much of the increased frequencies.
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.
From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
"Stunning day at the beach with the boys," Kohli posted
Increase in occupancy will pave way for Hindi blockbusters to release, say multiplex operators.
Buoyed by Sooryavanshi's success, the Hindi film industry is banking on 25-30 big movies lined up with a collective cost tag of Rs 2,000 crore.
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.
Single Indians will continue to meet prospects over video calls even in a post coronavirus world, predicts Saurabh Goswami, founder-director, Ultra Rich Match, an online matchmaking company.
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 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.
Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.
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 story of Iceland is the story of life, notes Payal Singh Mohanka after a recent journey to that fascinating land.
'The need for added safety has bolstered demand for charter flights in the last year and is expected to continue.'
Advertisement revenues will go up in 2016-17 with automobiles and e-commerce being big contributors.
In 2015, 130,000 Indians visited Turkey.
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.
What if Lagaan was remade today? Sukanya Verma picks actors best suited for the key roles.
Indian boxing star Vijender Singh's next bout was postponed from April 2 to April 30 due to technical reasons.
'This is a blip in the 100-year history of cinema.'
Coffee Day Enterprises Ltd is backed by KKR & Co.
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.
India is ready, after battling the pandemic for two years, to travel once again.
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.
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.
The year 2017 could be the third year of a double-digit growth in arrivals from China after years of low single-digit growth
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.
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.
'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'.'
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
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.
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.
