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Parliamentary panel asks MoCA to define ‘reasonable profit’ for airlines

Parliamentary panel asks MoCA to define ‘reasonable profit’ for airlines

Despite ‘reasonable profit’ is among the factors considered by airlines while fixing tariffs, it has no set definition, a parliamentary panel has pointed out. It has recommended that the Ministry of Civil Aviation (MoCA) define

Ministry
Bandhan Bank, Odisha partner for PoS payment solutions for tourists

Bandhan Bank, Odisha partner for PoS payment solutions for tourists

Bandhan Bank and Odisha Tourism Development Corporation has partnered for the former to provide Point of Sale (PoS) machines to facilitate card payments by tourists. Prime locations, including Puri, Bhubaneshwar, Konark, Chilka and Gopalpur, will

Ministry
India earns INR 5.54 lakh crore in forex from tourism: Govt

India earns INR 5.54 lakh crore in forex from tourism: Govt

India has earned INR 5,54,657 crore in foreign exchange from tourism between 2019 and May this year, shows the latest government data. Overall, 2019 saw a total earning of INR 2,16,467 crore, which is the

Ministry
India’s forex reserves drop by USD 3bn for last week of July

India’s forex reserves drop by USD 3bn for last week of July

India's foreign exchange (forex) reserves dropped by USD 3.165 billion to USD 603.87 billion for the week ended July 28, the Reserve Bank of India (RBI) has said. This is the second consecutive weekly drop

Ministry
Need to study why high-spending Russian tourists have stopped coming to Goa: Tourism Minister

Need to study why high-spending Russian tourists have stopped coming to Goa: Tourism Minister

Raising concerns about Russian tourists preferring other destinations over the state, Goa’s Tourism Minister Rohan Khaunte recently stated that in the past few years, there has been a shift in preferences of international tourists who

Ministry
Modi lays foundation stone for redevelopment of 508 railways stations across India

Modi lays foundation stone for redevelopment of 508 railways stations across India

Prime Minister Narendra Modi yesterday laid the foundation stone for redevelopment of 508 railway stations across the country via video conferencing. These 508 stations are spread across 27 states and union territories, including 55 each

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