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OUTBOUND TRAVEL FOREX
India's forex demand shifts beyond metros as Tier 2, 3 cities contribute 53 per cent: Thomas Cook reportBased on transaction data for April 2025 to March 2026, the report highlighted an increasingly diversified forex market driven by rising ou...- India's richer middle class is living a more dollar-linked life while earning in rupeesDollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...
- GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...
- Indian travellers worry more about forex costs than visa queues: ReportIndian travellers are set to spend more overseas following a tax reduction. However, managing travel budgets is their biggest worry. Many s...
- Thomas Cook India, Atlys partner to integrate Forex into visa application journeyThomas Cook India and Atlys have partnered to integrate foreign exchange services into the visa application process. This collaboration aim...
- Dollar pressure, PM’s appeal may shift Indian tourists towards domestic travel: Atul ThakkarIndian outbound travel may see a temporary slowdown due to rising currency pressures and recent government remarks, prompting travellers to...
- Indians spend $3.2 billion overseas in August, driven by travel and educationIn August 2024, Indians spent $3.2 billion abroad, majorly on travel and education, despite a new 20% tax on remittances. Travel expenses a...
- Using prepaid forex cards? Still no clarity on 20% TCSAt present, foreign currency and prepaid forex cards up to Rs 7 lakh accessed through these RBI-authorised facilities for international tra...
- TripMoney, MakeMyTrip’s fintech arm, buys majority stake in foreign exchange services provider, BookMyForexThe company said private equity firm Faering Capital as well as founders and promoters - Nitin Motwani and Sudarshan Motwani will continue ...
- Travelling Indians bring forex firms on investor radarBanks rely on these niche players with physical infrastructure to reach customers.
- FAITH hands over GST representation to Ministry of FinanceFAITH has asked to have a GST rate of 5% closest to the current rate and if not possible then 12% for rent a cabs.
- 'Tourists outflow from India decline 15-20% in last 2 months'Tourists outflow from India have registered a significant decline of up to 20 per cent in the last two months owing to weakening rupee agai...
- Centrum to leverage Future group networkForeign exchange and financial services provider Centrum group has drawn up plans to extend its presence across the country, leveraging the...
- Thomas Cook plc is repurchasing Thomas Cook IndiaThe UK-based travel firm sold the Indian unit to a Dubai Financial company 2 years ago. A global announcement is expected later in the day.
- Thomas Cook shares flare up on JTB Corp tie-upShares of Thomas Cook India gained further Monday after the company announced its alliance with Japan's largest travel company, JTB Corp.
- Thomas Cook hits upper circuitShares of Thomas Cook India were locked on 20 per cent upper circuit Friday after reports that it has tied up with the Japanese travel serv...
- Thomas Cook ties up with Japanese travel firmTravel major Thomas Cook (India) has tied up with the Japanese travel services firm, JTB Corp to boost its travel business.
- Panoramic Universal acquires stake in Hi-FlyersIT and hospitality company Panoramic Universal on Tuesday said it has acquired a controlling stake in Hi-Flyers Travel Services, a travel a...
- 'We'll focus on corporate travel market’Last year was a hectic one for travel major Thomas Cook India. A change of ownership was followed by top level management changes.
- Thomas Cook, LKP Forex seal Rs 200-crore mergerTCIL is set to merge with the number two player, LKP Forex, in a Rs 200-crore deal.
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