Business

Group travel, short stays and last-minute bookings, these are the trends that define the popular religious tourism segment with pilgrimage travel emerging as one of the fast-growing segments of India’s travel and tourism industry. “Accommodation bookings across 56 pilgrimage destinations grew by 19% in FY24-25,” according to online travel company MakeMyTrip (MMT) which tracked for…

Urban Company IPO open for investors Urban Company’s Rs 1,900 crore initial public offering (IPO)’s retail, employee portion was fully subscribed within the first hour of opening on Wednesday, driven by robust interest from retail investors. Bidders placed orders for 62 million shares, or 58 per cent of the 107 million shares on offer. Within…

According to Fitch, India’s economic activity showed significant momentum, with real GDP growth climbing to 7.8% yoy in April-June quarter. (AI image) Fitch Ratings has revised India’s GDP growth outlook for FY 2025-26 upwards to 6.9% from 6.5% in its latest report on World GDP Forecasts. Fitch is of the view that while the 50%…

Rapido has emerged as India’s leading ride-hailing service, commanding nearly half the market share, surpassing both Uber and Ola, despite its initial perception as a specialised bike-taxi service.The company’s significant market share stems primarily from its two-wheeler taxi operations, affecting Ola‘s business substantially. Additionally, Uber is experiencing mounting pressure in one of its crucial markets.Data…

Geopolitical expert David Goldwyn in interview to ANI US President Doanld Trump wrongly assessed the effectiveness of sanctions as a means to pressure India, argued David Goldwyn, a prominent Geopolitical expert“What he’s learning in this fiasco, really, in terms of diplomatic relations with India, is that this oil weapon was not quite the tool of…

Gold began the week on an impressive bullish note, soaring to fresh all-time highs above $3,650/Oz in Spot. (AI image) Gold price prediction today: Gold prices are likely to maintain their bullish trend over the coming few weeks, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. The expert shares…

MUMBAI: The Securities Appellate Tribunal on Tuesday directed Sebi to explain within three weeks why it has not shared additional documents sought by US algorithmic trading firm Jane Street. SAT fixed Nov 18 as the next date of hearing on the hedge fund’s appeal against the markets regulator’s interim order.Jane Street, which was barred from…

Donald Trump (File photo) The Supreme Court on Tuesday agreed to take up a fast-track review of the Trump administration’s sweeping global tariffs, setting a November hearing that could decide the fate of one of US President Donald Trump’s most significant economic policies. The justices approved an unusually brisk schedule after a federal appeals court…

NEW DELHI: In a significant development for the country’s seafood industry, the European Union (EU) has listed 102 new Indian fishery units for export from India to EU member countries. The move comes amid the backdrop of stiff tariffs imposed by the US, which is expected to hurt the country’s shrimp exports and lead to…

MUMBAI: Sumitomo Mitsui Banking Corporation (SMBC) is set to sell its entire 1.7% stake in Kotak Mahindra Bank, worth over Rs 6,166 crore, through block deals on NSE and BSE. The Japanese lender is freeing up investment headroom to raise its holding in Yes Bank to nearly 25% after securing all regulatory clearances.According to the…