News for 'Tourism Finance Corporation of India'

Double-Decker Buses Set To Boost Delhi Tourism

Double-Decker Buses Set To Boost Delhi Tourism

Rediff.com2 Mar 2026

The 63-seater open-top bus, manufactured by Ashok Leyland's arm Switch Mobility, was gifted to the city's tourism department as a corporate social responsibility initiative.

Judge Withdraws From Karti Chidambaram CBI Case Hearing

Judge Withdraws From Karti Chidambaram CBI Case Hearing

Rediff.com28 Apr 2026

Delhi High Court judge Justice Swarana Kanta Sharma has recused herself from hearing a plea by Congress MP Karti Chidambaram seeking to quash a CBI FIR against him. The FIR alleges that Chidambaram helped an alcoholic beverage company over the ban on the duty-free sale of its whisky.

'India Has More Job Opportunities Than Skilled People'

'India Has More Job Opportunities Than Skilled People'

Rediff.com23 Jan 2026

'Given that the population is almost evenly split, the Indian economy cannot grow without women participating in the workforce.' 'While women's participation has increased, it is still well below 40 per cent,' says Kartik Narayan, CEO of the professional networking and jobs platform, Apna.

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

10 Stocks That May Gain From Budget

10 Stocks That May Gain From Budget

Rediff.com4 Feb 2026

The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.

Rs 2,541 cr boost for tourism, 50 destinations to be developed

Rs 2,541 cr boost for tourism, 50 destinations to be developed

Rediff.com1 Feb 2025

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.

Sri Lanka: Paradiso For Travellers

Sri Lanka: Paradiso For Travellers

Rediff.com25 Nov 2025

Sri Lanka stays with you not just in memory, but gently reminds you what a society can achieve when heart and heritage guide the way.

I was in the room: Jaishankar on Trump's India-Pak truce claim

I was in the room: Jaishankar on Trump's India-Pak truce claim

Rediff.com1 Jul 2025

Jaishankar said that the Pahalgam attack "was an act of economic warfare. It was meant to destroy tourism in Kashmir, which was the mainstay of the economy. It was also meant to provoke religious violence because people were asked to identify their faith before they were killed."

Nifty Indices Rebalance Begins

Nifty Indices Rebalance Begins

Rediff.com3 Mar 2025

The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27.

CBI books Chidambarams in fresh corruption case

CBI books Chidambarams in fresh corruption case

Rediff.com9 Jan 2025

The Central Bureau of Investigation has registered a fresh case of corruption against former finance minister P Chidambaram's son and Congress MP, Karti Chidambaram, for allegedly giving relief to alcoholic beverage company Diageo Scotland over a ban on the duty-free sale of its whisky, officials said on Thursday.

Mid, smallcap indices stay afloat in choppy January

Mid, smallcap indices stay afloat in choppy January

Rediff.com6 Feb 2024

The S&P BSE Midcap and the S&P BSE Smallcap indices have managed to stay afloat in a volatile January that saw the frontline indices hit their respective 52-week high levels and then slip. While the S&P BSE Sensex has lost over 2 per cent thus far in January, the S&P BSE Midcap and the S&P BSE Smallcap indices have gained nearly 2.5 per cent and 4 per cent, respectively during this period.

Hotel Rates Hit Record High In '24

Hotel Rates Hit Record High In '24

Rediff.com19 Dec 2024

Driven by a boom in domestic tourism, a record number of weddings in November and December, and a surge in extended weekend vacations.

100% FDI in telecom sector gets nod

100% FDI in telecom sector gets nod

Rediff.com2 Jul 2013

Inter-ministerial body Telecom Commission on Tuesday approved hiking foreign direct investment limit in the sector from 74 per cent to 100 per cent.

100 years of ITC: Corporate India's big success story

100 years of ITC: Corporate India's big success story

Rediff.com8 Dec 2014

ITC is one of those few enterprises in the world that has traversed a 100 year journey and has yet managed to remain contemporary, relevant and competitive.

Small, mid or large, many 'caps' companies wear

Small, mid or large, many 'caps' companies wear

Rediff.com11 Sep 2023

Polycab India, Power Finance Corporation, Shriram Finance, and Union Bank of India appear poised to transition from the mid-cap to the large-cap category within the domestic mutual fund industry. Their market capitalisation (m-cap) now ranks among the top 100, which is the threshold for the large-cap universe defined by the Securities and Exchange Board of India.

PSU stock froth persists: Q4 test for financial endurance

PSU stock froth persists: Q4 test for financial endurance

Rediff.com28 Mar 2024

Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.

'Corporates may not opt for downsizing right away'

'Corporates may not opt for downsizing right away'

Rediff.com16 Apr 2020

'We don't expect any immediate impact on salaried jobs.'

Is Priyanka A Political Tourist In Wayanad?

Is Priyanka A Political Tourist In Wayanad?

Rediff.com2 Nov 2024

When it comes to the Congress and Wayanad, the only way the scepticism in the minds of some in Kerala may be addressed is by the Gandhi family proving that they are more than a passing caravan in town, reports Shyam G Menon.

Top posts vacant in 35 PSUs including Coal India, BSNL, NHPC

Top posts vacant in 35 PSUs including Coal India, BSNL, NHPC

Rediff.com7 Jul 2014

In all, 25 Chairman-cum-Managing Director (CMD) posts, 8 MD posts and 2 Chairman posts are lying vacant, according to a written reply by Minister of State for Heavy Industries and Public Enterprises P Radhakrishnan in the Lok Sabha.

Sitharaman's pre-election budget shuns populism, boosts infra spend

Sitharaman's pre-election budget shuns populism, boosts infra spend

Rediff.com1 Feb 2024

Finance Minister Nirmala Sitharaman on Thursday announced a Rs 11.11 lakh crore spending on infrastructure and vowed to continue reforms as she resisted resorting to populist measures in Modi government's last Budget before general elections, instead choosing to stay on the path of cutting deficit while bolstering measures for focus groups.

Jharkhand govt forms panel to probe ropeway accident

Jharkhand govt forms panel to probe ropeway accident

Rediff.com20 Apr 2022

The committee will submit its report in two months and its chairperson can invite any expert of any institution in the country to help in the probe into the April 10 tragedy, a notification by Jharkhand tourism department said.

'First Congress Candidate To Get Vote From A Thackeray'

'First Congress Candidate To Get Vote From A Thackeray'

Rediff.com9 May 2024

While the responses of the candidates were predictable, depending on which side they belonged to, an interesting point slipped through when Rahul Shewale cited the Dharavi Redevelopment Project as a scheme that would add to Mumbai's importance. No big infrastructural project in Mumbai, he said, could be successful without the Centre's nod.

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Govt hopes to sell Air India, lease Ashok hotel next fiscal

Rediff.com19 Jan 2019

'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'

Tata Sons withdraws application for bank licence

Tata Sons withdraws application for bank licence

Rediff.com27 Nov 2013

The RBI has accepted the application withdrawal request, according to the statement.

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

From Lambretta to Aamby Valley Project: Rise and fall of Subrata Roy

Rediff.com16 Nov 2023

The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.

Shah gets Home, Rajnath Defence; Finance with Nirmala

Shah gets Home, Rajnath Defence; Finance with Nirmala

Rediff.com1 Jun 2019

Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.

Hospitality sector unhappy with govt stimulus package

Hospitality sector unhappy with govt stimulus package

Rediff.com18 May 2020

The hospitality and tourism sector is among the worst hit because of the pandemic, and is unlikely to recover any time soon as people continue to be cautious of going out in a crowded places.

Meet Pradeep Singh Kharola: Air India's turnaround man

Meet Pradeep Singh Kharola: Air India's turnaround man

Rediff.com29 Nov 2017

Kharola leads from the front. As a team player, he also uses technology to improve processes whether it is training or assessing metrics, a key trait that would help to improve service quality of the national carrier.

Indian companies apply for banking licences: The complete list

Indian companies apply for banking licences: The complete list

Rediff.com2 Jul 2013

Licence winners are expected to be announced by the first quarter of 2014.

'Democracy loving, capitalist respecting' India best for investors: FM

'Democracy loving, capitalist respecting' India best for investors: FM

Rediff.com17 Oct 2019

"So you will not have anything better... democracy loving, capitalist respecting environment... in India," Sitharaman said at the event hosted by the Federation of Indian Chambers of Commerce and Industry in association with the US India Strategic and Partnership Forum.

Railways seek reimbursement for IRCTC service charge waiver

Railways seek reimbursement for IRCTC service charge waiver

Rediff.com10 Mar 2017

IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class

How govt plans to meet divestment target

How govt plans to meet divestment target

Rediff.com13 Feb 2018

Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19

Ravneet Kaur: An IAS officer with varied experience

Ravneet Kaur: An IAS officer with varied experience

Rediff.com17 May 2023

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an 'economic regulator' role after Madhabi Puri Buch, who was appointed chairperson of the Securities and Exchange Board of India last year and the first woman to head the country's chief national competition regulator.

YES Bank fraud case: Cox & Kings top brass under ED lens

YES Bank fraud case: Cox & Kings top brass under ED lens

Rediff.com9 Jun 2020

The probe agency found irregularities in loans amounting Rs 3,642 crore sanctioned by Yes Bank to the travel firm.

Shutdown puts Rs 15-trillion debt at risk

Shutdown puts Rs 15-trillion debt at risk

Rediff.com30 Mar 2020

Some of the top indebted companies likely to face financial headwinds in the coming quarters include NTPC, PowerGrid, Tata Steel, Adani Power, JSW Steel, UPL, and Steel Authority of India. Together these 201 companies owed Rs 14.9 trillion to their lenders at the end of September 30, 2019, up 4.1 per cent year-on-year (YoY) during the first half of FY20.

'BJP will have no effect. Not even an iota'

'BJP will have no effect. Not even an iota'

Rediff.com18 Apr 2024

'The people of Tamil Nadu in particular Chennai know about the double standards of the BJP. Nothing will work for them here.'

India Inc's wishlist for the finance minister

India Inc's wishlist for the finance minister

Rediff.com7 Jul 2014

The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.

Meet FM's A-team behind Budget 2022

Meet FM's A-team behind Budget 2022

Rediff.com31 Jan 2022

Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two Covid-19 waves. Household savings have been hit due to increased spending on health care. Consumption has still not reached pre-pandemic levels.

Forex-starved Sri Lanka runs out of cash to buy fuel

Forex-starved Sri Lanka runs out of cash to buy fuel

Rediff.com21 Feb 2022

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.

20 central PSUs in pipeline for sale, 6 for shutdown

20 central PSUs in pipeline for sale, 6 for shutdown

Rediff.com14 Sep 2020

As many as 20 central public sector enterprises and their units are at various stages of strategic disinvestment, while six are being considered for closure or are under litigation, Minister of State for Finance Anurag Singh Thakur said on Monday.