The global meltdown, coupled with economic recession and the terror incidents, has hit the tourism industry adversely. While there is a fall of foreign tourist arrival, hotel bookings are also witnessing many cancellations. Besides rationalisation of luxury tax, ministry has also sought seamless movement of vehicles meant for tourists.
Tourism revenue in 2014-15 likely to be about Rs 6,900 cr, a 70 per cent fall from last year's figure of Rs 23,000 cr.
The Delhi battlefield may not be a cakewalk for the Rhodes Scholar.
'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'
Kerala Chief Minister Pinarayi Vijayan on Thursday said the rescue mission in the landslide-hit Mundakkai region of Wayanad could take a few more days, and appointed a cabinet sub-committee of four ministers to coordinate the rescue efforts.
Khandu covered a stretch of 122 km -- Yingkiong, headquarters of Upper Siang district, to Pasighat, the headquarters of East Siang district -- on a Royal Enfield Interceptor 650 to push his state as a top tourist destination for biking and adventure sports.
India seeks to play a supportive role for a peaceful and stable region, Prime Minister Narendra Modi said on Monday as he embarked on a high-profile visit to Russia to hold summit talks with President Vladimir Putin amid the conflict in Ukraine.
Clash of the two richest titans, a celebrity and a 'royal', is on the cards in Himachal Pradesh's Mandi Lok Sabha constituency, known for electing erstwhile 'royals' maximum number of times.
From the word go, Bihar growled its needs out when an MP from the state said aloud: "Give something for Bihar also, Madam." Every time the Budget mentioned cities and towns in Andhra Pradesh, "Kursi Bachao" was the call from Congress MPs.
Umar Ganie captures glimpses of Srinagar's first-ever Formula 4 race!
West Bengal is home to 43,000 Durga Pujas, and the business around it is a major economic driver.
Several people are still feared trapped in the debris after a series of landslides that occurred in Chooralmala and Mundakkai of Wayanad.
Online travel portals are flooded with flight and train bookings, hotels teeming with requests for accommodation, and spiritual merchandise on e-commerce platforms is selling like hotcakes. As the consecration ceremony of Ram Mandir in Ayodhya on January 22 draws near, Indians across the country are putting their travelling boots on as the temple frenzy catches on. India's largest travel technology (traveltech) platform MakeMyTrip (MMT) has witnessed a substantial four-fold increase in bookings for Ayodhya compared to the previous year.
The government has decided to construct cruise terminals at Mumbai, Goa, Mangalore, Kochi and Chennai.
'Three manufacturing sectors can create jobs by the million: Apparel, food, and electronic assembly.' 'Let's talk to them and ask them what it would take to scale by a factor of ten,' suggests Naushad Forbes.
Union Tourism and Housing and Urban Poverty Alleviation Minister Kumari Selja said, "The thrust area for the government will be creation and improvement of tourism infrastructure, promotion and publicity of India as a preferred destination in overseas markets, promotion of domestic tourism and most importantly employment generation." On housing and urban poverty alleviation, the JNNURM with approval of projects of nearly Rs 50,000 crore is reshaping our cities, she said.
India has been ranked 52nd in the Travel and Tourism Competitiveness Index 2015 compiled by the World Economic Forum.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
Tourism to Corbett and Almora could be particularly hit as a result of the fire, which has destroyed 2,200 hectares of forest.
'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'
Even as the outbound tourism sector is feeling slowdown jitters, cruise tourism is becoming popular with Indians. Bookings for April went by 20 per cent.
In an interactive session at the 7th Pravasi Bharatiya Divas event at Chennai, Viswanatha Reddy, director, KTD, said the state helicopter tourism was proposed for Mangalore and Hospet. The department had identified Mangalore, Karwar and its coasts, which would have casinos, bars and so on for cruise tourism. He said 14 more helipads would be set up soon in addition to the present 23.
State Tourism Minister Bratya Basu said that Chief Minister Mamata Banerjee had directed the Tourism Department to go ahead with the setting up the board.
The actor-turned-politician has been allotted Panchayat Raj and Rural Development, Environment, Forests, and Science and Technology portfolios.
'We expect market consolidation and recommend buying during market dips.'
'Expectations are high regarding the change in LTCG with respect to equity investments.'
Nangiohbok Rymbai, a graduate in economics who works as a daily wage labourer in Shillong, tells Rediff.com's A Ganesh Nadar what he would like to see in Finance Minister Nirmala Sitharaman's Budget.
The Ministry of Tourism, Government of India, the Indian Institute of Tourism and Travel Management invites applications from interested students to apply for the 21 days training programme in tourism.
The Haryana government is considering the proposal to set up special tourism zones on the pattern of special economic zones in the state and places of historical importance would be developed as tourism destinations
In a major boost to tourism, India and France, which is one of the top tourist generating markets for the country, on Monday signed an agreement to promote each other's destinations and share market research for the purpose.
'We don't have a say which MP stays where. We prepare everything and allot according to the list we get from Parliament.'
Modi said India's next general elections will be held in 2024 and he invited G20 delegates to visit the country to witness the "festival of democracy" in the "mother of democracy".
India's appetite for music tourism is only growing.
'The main worry is lots of new investors coming into the markets in order to make a quick buck/easy money.' 'Those things are happening again and have happened in the past as well.' 'All that has led to problems.' 'We are not there yet, but will get there eventually.'
'With all outlets of public expression virtually choked for the last five years, suppressed anger and frustration is looking for an opening via the ballot box.' 'There is no escape from the inevitability of the 'Engineer Rashid' factor surfacing in a big enough way to upset everyone's applecart,' alerts Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs.
After inaugurating development projects worth nearly Rs 5,000 crore for boosting the agri-economy in the Union territory, Modi said he was "elated to be among the wonderful people of Srinagar".
Indians have been travelling to the "land of the rising sun" in large numbers, especially for business, thanks to the close ties with automobile and engineering companies.
Shares of Le Travenues, which operates online travel booking platform ixigo, soared 78 per cent on their market debut (June 18) and surged 80.4 per cent in the three days over their issue price. Ixigo has joined competitors EaseMyTrip and Yatra on the bourses. Analysts believe the blockbuster response to ixigo may lead to greater scrutiny of the financial performance of other online travel aggregators (OTAs) like Easy Trip Planners, and Yatra Online.
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