Destinations Financial News

Subscribe to enjoy similar stories. New Delhi: Our economy has been one of the fastest growing globally, successfully doubling its per capita income over the last decade. This economic shift is driving a surge in consumption, with domestic tourism almost doubling from 1.28 billion in 2014 visitations to 2.51 billion in 2023.

Mukesh Ambani's son Anant Ambani tied the knot with Radhika Merchant in a whopping Rs 5,000-crore affair.

Subscribe to enjoy similar stories. India's six-year-old Agricultural Export Policy (AEP) is set for an overhaul as export destinations shift and the country's farm exports basket becomes more diverse, three people directly involved in the process said. The proposed review will attempt to enhance the competitiveness of Indian agricultural products, ensure compliance with global standards, and promote value-added products.

American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive

Indian badminton champion and Olympian PV Sindhu is set to marry her fiancé, Venkata Datta Sai, a businessman from Hyderabad, in an intimate ceremony on Sunday, December 22, 2024. The couple, who announced their engagement on December 14 with a heartwarming Instagram post featuring them holding rings and beaming with joy, will exchange vows at the luxurious Raffles Udaipur Resort in Rajasthan.

Around 2.30 pm on Wednesday, when Neel Kamal set off to sail from Gateway to Elephanta island, a popular tourist destination, it was business as usual for the boat operators. Without paying much heed to rules and regulations, they overbooked ferrying 110 passengers instead of 80 that is allowed by the Maharashtra Maritime Board (MMB). At 3.55 pm as the boat was nearing Karanja, a Navy craft undertaking sea trials lost control, on a collision course, it rammed into the ferry, capsizing it. Just like the roads where the traffic is monitored and regulated, the sea too has its rules. Post the 26/11 attacks where terror visited Mumbai through seas, the coordination between the multiple maritime stakeholders has gotten better and no sea attack in the last 16 years bears testimony to the same.

«We are extremely pleased to further expand our network into Malaysia with the launch of direct flights from Chennai to Penang, our third destination in Malaysia, alongside Kuala Lumpur and Langkawi. With the inclusion of these flights to Penang, IndiGo will now operate 28 weekly flights to Malaysia from 2 cities in India» IndiGo Head of Global Sales Vinay Malhotra said in a statement.

A family from Halifax has been reunited with their beloved dog, Nemo, after a month-long search.

One97 Communications Limited (OCL), which owns Paytm. The company said these trends showcase how Paytm users travelled through the year. Throughout the year, Mumbai and Dubai emerged as the most-searched destinations, reflecting a shared love for bustling city life and luxurious escapes. A passion for affordable travel was evident among younger generations, as 36% of bus bookings came from travellers under 25.

FAAD Capital, a SEBI-registered Category 1 Angel Fund headquartered in Gurugram, on Thursday, announced the launch of its investor network in Dubai, marking the fund’s first international expansion. With this milestone underscores FAAD, aims to support global collaboration and engaging with Non-Resident Indians (NRIs) and local investors to drive investments into Indian startups. The inaugural Dubai edition of the FAAD Network Investor Meet was held at the Shangri-La Hotel, and participation from over 100 investors was seen.

Alberta’s premier responded to President-elect Donald Trump’s trolling of Canada by saying the trade deficit with the country is due to billions of raw materials being sent south which creates trillions of wealth in America

The sector should grow 12-13% in 2025, he told ET in an interview on the sidelines of the 18th annual CII Tourism Summit. The minister said the government is working on several projects to spruce up tourism hubs and to create new ones.

Lapland which is located in Finland can be a winter wonderland which eventually offers an unforgettable experience. In this location, the travelers can embark on reindeer sleigh rides, visit Santa Claus Village and then witness the breathtaking Northern Lights in a truly magical setting. Vienna located in Austria is another must-visit destination during the Christmas. The city is famous for its enchanting Christmas markets, classical concerts and festive lights.

Full-size trucks are hugely popular thanks to their versatility and ability to get tough jobs done

Online platform Ixigo reported an 80-100% year-on-year (YoY) increase in bookings to destinations such as Thailand, Vietnam, Bali, and London. Agoda supported this trend, noting a 53% surge in international accommodation searches. Cleartrip observed a 1.2x jump in international leisure travel, with Southeast Asia and the Middle East emerging as key regions. Emerging destinations are a highlight this year. MakeMyTrip recorded 248% growth in searches for Azerbaijan and 100% growth for Malaysia. Similarly, Cleartrip observed spikes in bookings for Manila (2.5x) and Tbilisi (1.7x), alongside strong growth for Bali (2.6x) and Phuket (2.3x).

Telangana Tourism Policy 2025-2030" in the Assembly. The first-ever dedicated tourism policy, after the formation of Telangana, also aims to create additional employment opportunities for three lakh people in the next five years besides enhancing tourism contribution to 10 per cent or higher of the GSDP ( gross state domestic product). The tourism infrastructure sector is predominantly driven by the private sector and there is a pressing need for the government to provide greater confidence through proactive policy and administrative framework that improves investor confidence, it said. Through the policy, the state government will be promoting «safe tourism» by creating dedicated tourist police units/tourist patrols across key tourist destinations, implementing women-friendly measures to ensure the safety of female tourists, and leverage Tourism Friendly Index (TFI) to evaluate the safety standards of destinations.

Goa emerging as the most searched domestic destination, according to Make My Trip’s latest report, named Travel Search & Booking Trends in India for Year-End 2024. The top 20 domestic cities account for 40% of all travel searches, with hill stations gaining significant traction. Notably, Manali, Varanasi, Mussoorie, and Udaipur reported double-digit growth in search interest, reflecting the growing preference for cooler, scenic retreats. Nearly 40% of the top destinations feature hill stations across North and South India, highlighting a widespread demand for nature escapes. This year, the travel rush peaks on December 21st—the Saturday before Christmas—similar to last year. However, a notable surge in searches for December 25th indicates that many travelers plan to extend their holidays through the New Year.

Subscribe to enjoy similar stories. As a design brand rooted in travel, TUMI explores a new destination through each of its collection. Its latest autumn/winter 2024 collection, for instance, derives inspiration from Seoul's bold architecture, colourful street culture and innovative mindset.

Delhi airport operator DIAL on Monday said the airport now provides connectivity to 150 destinations. On Sunday, Thai AirAsia X launched direct flights between Delhi and Bangkok-Don Mueang (DMK), marking the 150th destination connected to Delhi airport, according to a release. Delhi International Airport Ltd (DIAL) also said it has become the first airport in the country to connect 150 destinations. «Of all the long-haul destinations from India, 88 per cent of destinations are connected from Delhi and 56 per cent of all long-haul weekly flights departing from India, operate from Delhi.

office space leasing of 83-85 million sq ft, beating the previous peak volume of 2023 by 13% y-o-y. According to Cushman & Wakefield, India’s rising attractiveness as a destination for GCCs has had a big influence on demand, as GCCs now account for 30% of gross leasing volume (GLV), with the share slated to rise further. Growth was also driven by healthy volumes seen in the IT-BPM, BFSI, Engineering & Manufacturing (E&M) and flex operator spaces.