It was high post-pandemic foreign spending that pushed govt to impose checks, but these are not working to reduce either tourism spending or real estate purchases abroad.
From airlines like IndiGo and Thai Airways to hospitality chains offering thousands of rooms, companies are tapping into India’s burgeoning middle-class and growing spending power.
Indian tourists jumped 50% to just over 44,000 in the first two months of the year, making them 23.3% of the total number of visitors, the most from any single country.
What’s happening to Thai tourism could prove a canary in the coal mine for the leisure sector in other Asian economies as China matures and a new India emerges.
Rural ownership of motor vehicles jumped from 19 percent in 2011-2012 to 59 percent in 2023-2024, while urban rose from 40 percent to 68 percent during the same time period, study by two members of PM-EAC says.
At the Jindal Literature Festival, Maj Gen (Retd) Lakhwinder Singh reveals secrets from 25 years ago, speaking about the decision that outwitted Musharraf and changed the course of the war.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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