Travel boom on Diwali: Record surge in bookings! Families blend leisure and spiritual trips

India is witnessing a record surge in travel this Diwali, with families blending traditional celebrations with leisure trips, luxury getaways, and spiritual journeys. Online travel platforms report strong growth in both domestic and international bookings, highlighting the country’s festive travel boom.MakeMyTrip co-founder and Group CEO Rajesh Magow said that visiting friends and relatives (VFR) remains…

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Stock market: M-cap of 7 of top-10 most valuable firms jumps Rs 74,573 cr; HDFC gains top spot

Last week, the combined market value of seven of India’s ten most valuable companies rose by Rs 74,573.63 crore, with HDFC Bank emerging as the top performer.Even during the holiday-shortened trading week, the BSE benchmark surged 780.71 points, or 0.97%, while the Nifty also gained 239.55 points, registering a 0.97% rise.HDFC Bank, Tata Consultancy Services…

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India’s services, manufacturing’s export potential untapped; FDI a concern: World Bank South Asia chief economist

India’s services and manufacturing exports hold significant untapped potential for overseas investors, according to Franziska Ohnsorge, Chief Economist for South Asia at the World Bank.“I draw attention to two opportunities for investment. One is in services exports and the other is in goods exports because it’s the export industry rather than tradable industries that foreign…

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India-EU FTA talks continue: Key issues remain unresolved, says envoy; claims deal could be a ‘game changer’

AI image used for representative purposes The potential free trade agreement (FTA) and investment protection pact between India and the EU could be a “game changer” amid rising tariffs and market access restrictions in other regions, said EU Ambassador Herve Delphin. Speaking ahead of the 14th round of FTA negotiations in Brussels, Delphin acknowledged that…

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