Hotel rooms, usually in the range of Rs 20,000 to Rs 25,000 a night during the peak season, are now available for Rs 7,000 to Rs 10,000 a night.
The hospitality industry has seen plenty of interest since the catastrophic impact of the pandemic, which led to losses in FY21. The hotel industry market cap has more than tripled since 2019 on the combination of a strong earnings rebound and positive surprises, as well as three recent listings. The industry has good tailwinds. The anticipation is, demand for rooms will outrun supply for a few years despite capacity expansions.
The ministry said there should be no interruptions in the services of small retail shops, large organised retail stores and e-commerce companies.
The India meteorological department (IMD) on Wednesday evening issued a red alert for Mumbai and its neighbouring districts, predicting "extremely heavy rainfall".
Ustad Zakir Hussain's story will be told in a thousand ways by each person who met him, loved him, spent time with him, got to know him and shared some precious time off stage with him, says Maanveer Singh.
'We accept EVMs cannot be hacked because it is not connected, but can they be manipulated?' 'Are you allowing us to check if EVMs can be manipulated?'
A rider is a supplementary cover which can be purchased with the base policy by paying an additional premium.
Icelandic photographer Bettina Vass takes the crown as the 8th International Wedding Photographer of the Year!
Images from Day 2 of the 'Pink-ball' second Test between Australia and India in Adelaide on Saturday.
Wing Commander Pratap Marathe's story is one of dedication, bravery, and humour, a shining example of the spirit of the Indian Air Force. Air Commodore Nitin Sathe (retd) salutes Wing Commander Marathe who passed into the ages last week.
The Election Commission (EC) on Saturday came out with the constituency-wise data on the number of votes cast in the first five phases of the Lok Sabha polls and said there is a pattern in creating false narratives and mischievous designs to vitiate the electoral process.
In order to reduce government litigations, the Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council has fixed a monetary limit for filing appeals by the tax department before the various appellate authorities. It has recommended a monetary limit of Rs 20 lakh for GST Appellate Tribunal, Rs 1 crore for the High Court and Rs 2 crore for the Supreme Court for filing of appeals by the department before these legal forums, she said after the 53rd GST Council meeting held in New Delhi.
The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed a Rs 169 crore penalty imposed on Oravel Stays Ltd by the competition commission of India (CCI). Oravel Stays Ltd operates under the brand name Oyo. However, a two-member NCLAT bench while admitting the appeal filed by Oravel Stays Ltd (OSL) directed to deposit of 10 per cent of the penalty amount within six weeks.
The 30-year-old has said he did not suffer any serious injuries and has returned to training to be available for England's opening Group C match.
Intermittent, widespread rains lashed Chennai and other regions of Tamil Nadu on Tuesday and the India meteorological department said the low pressure area over the Bay of Bengal has turned into a well-marked low pressure area and it is likely to become a depression.
'The reasons which they are giving they could have said it openly: 'We are dropping Hardik Pandya as captain, we want to move forward. We are looking at Suryakumar as a long term'. Make it clear.'
'Canada doesn't want to de-escalate and neither does India. There is war when one party wants it, but peace is won by both parties.'
With the departure of seniors Rohit Sharma and Kohli from the T20 International scene, workload management of someone like Jasprit Bumrah assumes greater significance, Gambhir said.
Arsenal took the race to the final day last season and are strongly tipped to end Manchester City's dominance this time.
In a contest laced with controversy, Jadeja top-edged into his helmet in the final over
In the Union Budget for Financial Year 2023-24 (FY24), Finance Minister Nirmala Sitharaman had held forth on the need for better governance and investor protection in the banking sector. She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970.
It was a proper Test innings, it was of the highest class, and given the circumstances it came in, it was one of the best innings by an Indian batsman in recent memory, applauds Prem Panicker.
R G Kar Medical College's former principal Sandip Ghosh was found to be 'deceptive' while answering important questions on the rape and murder of a trainee woman postgraduate doctor during his polygraph test and layered voice analysis, officials said.
The defenders signed contracts on Tuesday from Bayern Munich making United their third team together, and they could both feature in the squad's season opener on Friday against Fulham at Old Trafford.
Surya is currently at the NCA doing his rehabilitation
Analysts say hotel room rates in India are among the highest in the Asia Pacific, rising by 20 per cent annually.
Atishi said the video shows Maliwal "comfortably sitting in the drawing room" and "threatening the security staff", and that "her clothes were not torn".
'Whatever you do will spark controversies, so it is best do what your heart tells you to do. Simple.'
The reopening of the Ratna Bhandar became a major political issue during the recently held assembly elections in the state.
"Let's work it out. There has to be some parity," the high court said.
A wave of high-profile player releases, including four prominent captains -- Shreyas Iyer, K L Rahul, Rishabh Pant, and Faf du Plessis -- has reshaped the landscape of the league.
Indigo has zero competition on 61.2 per cent of its 838 domestic routes.
Kumar was apprehended with the help of sketches and CCTV camera footage, senior superintendent of police Anurag Arya said.
Two teams with fault lines in their batting, up against two of the best bowling sides in the game today -- the question that determines the outcome is, is your weakness greater than mine?
Fast bowler Mohammed Shami has apparently recovered from his knee injury and is available for India's next ICC World Cup league match against West Indies on March 6.
'Whichever teams have the best players they get a chance to retain them.
'There is a lot of scope for new players to come in and get their maximum value, given how the auction is structured.'
A booming economy has every chain worth its salt building for the future, but there's little to show for it this year and next.
The interim budget 2024-24 on Thursday allocated Rs 1,277.80 crore for census, a significant reduction from 2021-22 when Rs 3,768 crore was allocated and an indication that the exercise may not be carried out even after three years of delay.
Shankar Prajapati, a 57-year-old potter in Dharavi, has given up hope of getting a bigger house for his family. He lives cheek by jowl in a hutment measuring 200 square (sq.) feet (ft) in the nondescript shanty town. "We have surrendered to our fate. We cannot wait forever for better accommodation. "Perhaps we are not meant to dream big," despairs Prajapati. Raju Korde, president, Dharavi Redevelopment Committee, and a local resident, agrees with Prajapati.
