Voices of Rural India: A new initiative allows rural communities to tell their own stories and monetise them
By monetarily compensating its contributors, Voices of Rural India is creating an alternate revenue stream for those engaged in tourism, who have been deprived of a livelihood because of the lockdown.
Despite steps toward the resolution of high non-performing loans, the banking system continues to suffer from weak asset quality, and low loan-loss coverage and capital adequacy, it added
Pakistan government re-opens Gilgit-Baltistan to tourists, but upholding COVID-19 safety protocols remains challenge
Tourists have crowded into Gilgit-Baltistan as hotels open up, but scant enforcement of social-distancing rules is heightening fears that the pandemic will spread.
On being a traveller versus a tourist: Intrinsic motives rather than ends distinguish one from the other
The ubiquity of ever-expanding tourism has robbed much of the world of such joys, driving the traveller ever further from the marauding selfie hordes, but there is still the occasional moment of felicity in a moment of discovery in some distant land
This episode of Voices from the Lockdown will attempt to highlight dying tourist revenue and the crumbling economy in the valley, through interviews with various stakeholders from Kashmir.
COVID-19 – despite its negative impact on the tourism industry – can be turned into a rare opportunity to fix challenges that have long plagued the sector
Coronavirus Updates: Confirmed cases in Maharashtra cross two lakh with 7,074 new infections reported today; toll reaches 8,671
Coronavirus Updates: According to a state health department bulletin, over 1.98 lakh patients have been discharged till date and the recovery rate stands at 54.02 percent
Andhra Pradesh Tourism employee caught on camera assaulting differently-abled woman who asked him to wear mask; arrested
Police said that C Bhaskar Rao, a deputy manager working at a hotel run by the tourism department in Nellore, got enraged after the woman pointed out he was not wearing a mask and asked him to wear one in light of the COVID-19 pandemic.
COVID-19-hit US unlikely to be in EU's list of safe countries as Europe prepares to reopen to foreigners
European Union envoys are close to finalising a list of countries whose citizens will be allowed to enter Europe again, possibly from late next week, EU diplomats confirmed Saturda
The lockdown has derailed the eco-tourism that funds many environmental projects, from South America’s rainforests to Africa’s savannahs.
The Fed’s survey, known as the “Beige Book,” was conducted in April, when non-essential businesses were shut down in much of the country, through 18 May, when some states had started to loosen restrictions.
COVID-19 Impact: India facing worst recession since Independence; economy to shrink by 5% in current fiscal, says CRISIL
In the past 69 years, India has seen a recession only thrice - as per available data - in fiscals 1958, 1966 and 1980. The reason was the same each time - a monsoon shock that hit agriculture, then a sizeable part of the economy.
Nearly half of travel, tourism firms staring at complete shutdown risk in next 3-6 months; resumption of flights revive hopes: Report
The report said that 81 percent travel and tourism companies have lost their revenue up to 100 percent while 15 percent of the companies have witnessed it slide up to 75 percent.
Coronavirus Outbreak Updates: Rajasthan reports highest single-day spike in cases as 242 more test positive; case count climbs to 5,202, toll touches 131
Coronavirus Outbreak Updates: Rajasthan on Sunday recorded the highest single day spike of 242 new cases and five more fatalities, officials said. The number of cases in the state stands at 5,202 and fatalities at 131.
Coronavirus Outbreak Updates: Uttar Pradesh reports nine deaths, taking toll to 104; 203 more test positive, total rises to 4,258
Coronavirus Outbreak Updates: As many as 203 fresh cases have been reported in Uttar Pradesh in the past 24 hours taking the total tally to 4,258, reports News18.The new cases have been reported in Merrut, Rampur and Saharanpur districts.
Military experts welcome reform measures in defence sector, say proper implementation will help cut India's ballooning import bill on weapons
Finance minister Nirmala Sitharaman announced a series of initiatives to promote indigenous defence production which included making separate budgetary outlay to procure Indian-made military hardware, increasing FDI limit to 74% under the automatic route and generating a year-wise negative list of weapons whose import won't be allowed
Nirmala Sitharaman on Economic Package: Centre hikes FDI in defence, allows commercial mining of coal, opens space sector for private players in 4th tranche; key takeaways
Finance Minister Nirmala Sitharaman Saturday announced a slew of reforms in eight sectors such as allowing commercial mining of coal, raising FDI limit in defence prodcution, privatisation of power discoms in the UTs to opening up more air space of civil aviation, and the space sector among others as part of Centre's Rs 20-lakh-crore stimulus package to kick-start the economy
Coronavirus Lockdown: India's tourism sector loss doubles to Rs 10 lakh cr, says industry body FAITH
Apex sectoral body Federation of Associations in Indian Tourism & Hospitality (FAITH) on Monday doubled its loss guidance for India's tourism sector to Rs 10 lakh crore on account of the impact of COVID-19 pandemic
The hospitality industry has taken up various measures to overcome the impact due to lockdown to contain the spread of coronavirus which include pay cuts, use of short staff besides engaging in partial operation, officials said
Coronavirus Outbreak: Hotel industry revenue likely to fall by Rs 90,000 cr in 2020 due to pandemic, says report
India's hotel industry is estimated to face a whopping business loss of Rs 90,000 crore during this calendar year, as all hotels are closed due to nationwide lockdown to control coronavirus disease, according to a report by HVS and Anarock