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.
'The entire electorate of Wayanad is joyful. Rahulji is with us and we are with him wherever he is.'
An amendment bill was passed in the state assembly on Monday night to insert a new section 27-A in the Rajasthan Tourism Trade (Facilitation and Regulation) Act, 2010.
India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.
According to highly placed sources, the finance ministry is likely to extend ECLGS and other loan guarantee schemes for micro, small and medium enterprises (MSMEs), hospitality and tourism sector, and the health infrastructure beyond March 31, Business Standard has learnt. This is likely to be announced by Finance Minister Nirmala Sitharaman as part of her Budget speech on February 1.
Her personality shines through her wardrobe. As it should.
The Congress campaign is muted in Varanasi, but the party is hoping that anti-Modi votes and caste combinations will help Ajai Rai, the only local candidate in the fray. A Ganesh Nadar/Rediff.com reports from the Congress campaign headquarters.
Within three trading sessions in May, foreign portfolio investors (FPIs) have pumped in Rs 9,461 crore into Indian equities. This follows net inflows worth Rs 7,936 crore in March, and Rs 11,631 crore in April. The trend, analysts said, could continue going ahead as the US Federal Reserve may soon halt its interest rate hike cycle, which will strengthen foreign fund inflows into emerging markets, including India.
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When the sun rises in 2022, the Indian hospitality industry will be waking up with prayers for survival, desperately looking forward to some form of support from the government as revival from the impact of the coronavirus pandemic of the last two years will be an arduous journey. Just as the industry was beginning to see a flickering light at the end of a long tunnel towards the end of 2021, the spread of the Omicron variant of coronavirus and subsequent extension of suspension of scheduled international passenger flights till January 31, 2022, has come as a dampener to those who were looking to have some business in the winter season. With inbound tourist arrivals unlikely amidst the pandemic, the industry wants the government to incentivise domestic travels with income tax benefits for a limited period so as to help the hospitality and tourism sector get up again by tapping the pent up demand for holidays, within the country.
India's unemployment rose to a three-month high in March to 7.8 per cent as the country's labour markets deteriorated, according to data from the Centre for Monitoring Indian Economy (CMIE). Unemployment rate in the country surged in December 2022 to 8.30 per cent but declined in January to 7.14 per cent. It edged up again in February to 7.45 per cent, the CMIE data released on Saturday showed. During March, the unemployment rate in urban areas was at 8.4 per cent while in the rural areas it was at 7.5 per cent.
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
Sports Minister V Abdurahiman said 20 deaths were confirmed on the basis of information from various hospitals where those pulled out from the water and inside the boat were admitted.
Goa Tourism Minister Dilip Parulekar told the state legislative assembly on Monday that the government is considering Playboy's proposal to set up a club at Candolim beach, while responding to a question by Bharatiya Janata Party legislator Michael Lobo on the floor of the House.
Mumbai bids adieu to its iconic red double-decker buses.
The exhibition of artefacts -- in physical and digital formats -- will be done on the same floor level where the leaders' meetings will take place, and they will walk through this 'cultural corridor' while moving into and out of the summit room, official sources said.
Prime Minister Narendra Modi and Home Minister Amit attended the swearing in ceremony as did BJP president J P Nadda.
In the longer-term, analysts expect IHCL to see revenue CAGR of 15 per cent between FY23 to FY25 and Ebitda CAGR of 20 per cent in the same period. Analysts are seeing targets of around Rs 375-Rs 380 for the stock, which is a significant upside from the current Rs 313.
Senior IAS officer and former MyGovIndia chief Gaurav Dwivedi was on Monday appointed the Chief Executive Officer of public broadcaster Prasar Bharati. A 1995-batch officer of Chhattisgarh cadre, Dwivedi will have a five-year tenure from the date he assumes charge. Currently, he is posted as Principal Secretary, Commercial Tax, in the Chhattisgarh government. "The President of India has today appointed, after due recommendation by the Selection Committee, Shri Gaurav Dwivedi, as Executive Member (Chief Executive Officer) in Prasar Bharati for a period of five years from his assumption of charge," a statement from the Information and Broadcasting Ministry said.
He slammed naysayers for opposing developmental projects, saying some people have a habit of trying to stall any good work.
It was one of the key promises made by the Congress ahead of the 2018 assembly polls, following which the party returned to power in the state after a gap of 15 years.
The Lower House of Parliament took up the Demands for Grants and Appropriation Bills after two adjournments as the ruling and Opposition MPs engaged in a matching duet over demands for an apology by Rahul Gandhi and the Adani issue.
Pulling up the Maharashtra Tourism Development Corporation (MTDC) for "failing" to develop tourist facilities, the CAG has noted that the number of foreigners visiting the state has dropped and those availing its infrastructural facilities were negligible.
The move, which is likely to allow the Chinese to mine the mineral-rich area of Gilgit Baltistan rampantly, has triggered another wave of protests and violence by the local communities.
Days after local civic body declared Aalamgiri Masjid 'hazardous' and pasted notice banning entry into building, Hanumangarhi temple trust, which is in possession of the masjid land, not only allowed its reconstruction and agreed to bear cost but also welcomed Muslims to offer namaz in premises.
'Calendar year 2023 is going to be big as pessimism takes a back seat.'
The incident comes days after a Swiss couple were attacked near the railway station at Agra's Fatehpur Sikri.
'Now they're talking about changing the Constitution; they feel they have no reason now to hide their intentions.'
What some of our leaders were up to over the weekend...
Prime Minister Narendra Modi is likely to announce a host of initiatives for the health sector on Independence Day with the highlights being the 'Heal in India' and 'Heal by India' projects and a roadmap to eliminate sickle cell disease by 2047, official sources said.
Gandhi also charged that the focus of the Uttar Pradesh government has been propaganda and public relations instead of welfare of people.
Unemployment rate in the country has zoomed to a high of 8.3 per cent in December, the highest in 2022, according to data from Centre for Monitoring Indian Economy (CMIE). The unemployment rate during November was at 8 per cent, while in September it was the lowest at 6.43 per cent and was at the second highest level during the year at 8.28 per cent in August, the CMIE data stated. While the urban unemployment rate was at 10 per cent during the last month of 2022, rural joblessness stood at 7.5 per cent during December.
Between shrieky humour, overstated emotions and done-to-death bouts of London tourism, Double XL plods to kickstart the actual discussion, sighs Sukanya Verma.
Amid a decline in Covid cases in the country, India may soon reopen its doors for foreign tourists for the first time in one-and-a-half years, officials said.
Union Home Minister Amit Shah on Sunday took a swipe at the Congress and the Dravida Munnetra Kazhagam over dynasty politics and alleged corruption, calling them "2G, 3G, 4G" parties and said the time has come in Tamil Nadu to throw away these and give the power to a "son of the soil".
The chief engineer of 'Project Vartak', Brig Raman Kumar told ANI that the Border Roads Organisation (BRO) is developing and maintaining all road networks in the key border areas of western Assam and western Arunachal Pradesh.
About 800 people already have paid or put down deposits for rides on SpaceShipTwo, a six-passenger, two-pilot suborbital spaceship owned by Virgin Galactic.
The prime minister, who is on a two-day visit to the state, inaugurated, laid the foundation stone of and dedicated to the nation, railway and metro projects in the state worth Rs 4,500 crore.
Several countries like the United Kingdom, the United Arab Emirates, Australia and Singapore have already banned travellers from India as well as other South Asian countries.
India is among the top three emerging markets in the wellness economy.
