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IMPACT OF TOURISM ON ECONOMY
India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World BankIndia will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This modera...- Assam emerges as concert hub; Rs 700 crore opportunity seen in 5 yearsAssam is becoming a top live entertainment hub in India. Progressive policies and infrastructure are boosting the economy and tourism. A re...
- Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
- Amsterdam plans higher tourist tax, cruise terminal closure to curb tourism pressureAmsterdam is set to overhaul its tourism sector with ambitious plans including a hike in tourist tax to 20% by 2030. The city also aims to ...
- FIFA 2026: Brokerages bet on sector winners as soccer World Cup set to kick offThe 2026 FIFA World Cup will bring billions to host nations. Analysts expect a surge in spending on hotels, airlines, and retail. Beer sale...
- The AI play no one is talking about: Why BofA is snapping up power & metals instead of ITBofA Securities India's Amish Shah advises shifting from IT to infrastructure, citing a 'dangerous gap' in consensus earnings forecasts. He...
- FIFA WC 2026 set to be a free kick for tourism, retail and clothing industryAnalysts said U.S. hotel operators Marriott, Hilton and Hyatt as well as online travel platforms Airbnb, Booking Holdings and Expedia are p...
- Srinagar Airport announces partial runway closures for maintenance starting July 2026; total runway shutdown from October 1Srinagar Airport faces flight disruptions due to Indian Air Force runway maintenance. As part of the maintenanace, the runway will be unava...
- Hajj travel becomes costlier for pilgrims as Iran-US war disrupts Gulf air routesPilgrims heading to Saudi Arabia for Hajj face higher travel costs. Airfares and packages have risen significantly due to increased fuel pr...
- The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
- China's Tencent to allow PayPal payments through its WeChat networksChinese tech giant Tencent is enabling PayPal users to pay with QR codes across China through its WeChat Pay network. This move aims to att...
- Fishermen are being pushed to the brink by fuel costs in Southeast AsiaRising energy, freight, and supply chain expenses are escalating seafood prices globally. Governments offer aid, but it's stretched thin, i...
- Global Market: U.N. cuts global growth forecast as Middle East crisis fuels inflation risksThe UN has lowered its global growth forecast to 2.5% for 2026, warning that Middle East tensions are fueling inflation, disrupting supply ...
- Simultaneous polls could save Rs 7 lakh crore: Joint parliamentary panel chiefHolding Lok Sabha and state assembly polls together could save India Rs 7 lakh crore. This significant saving can be channeled into develop...
- PM Narendra Modi and PM Giorgia Meloni outline Indo-Mediterranean vision to deepen India-Italy tiesIndia and Italy are shaping an Indo-Mediterranean partnership focused on trade, AI, defence, clean energy and connectivity, with Narendra M...
- Middle East tourism pain is Europe's gainEuropeans are choosing to vacation closer to home as the war in the Middle East has amplified security concerns and made long-haul flights ...
- Make destination holidays truly count as India weighs travel and trade-offsWith an increasing number of Indians opting for overseas vacations, the rupee is under strain, prompting government intervention. While eff...
- Dracula's castle has a new owner, and he comes from the United StatesJoel Weinshanker, a businessman behind Graceland and Party City, has acquired a majority stake in Bran Castle's operations. This Romanian f...
- FICCI Northeast Council congratulates Himanta Biswa Sarma on second Assam CM termAs Himanta Biswa Sarma embarks on his second term as Chief Minister of Assam, the FICCI Northeast Advisory Council extends its heartfelt co...
- Outbound travel slows as Indians rethink foreign holidays amid crisis and costsAirlines are experiencing weak forward bookings and muted growth plans due to high airfares and a weaker rupee, following a call to postpon...
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