RESORTS NEAR DELHI
Delhi's air woes drive demand for hill getaways, resort stays
Hotels and alternative accommodations are reporting increased bookings from Delhi as air quality deteriorates. Popular destinations for travelers include the hills for cleaner air and cooler weather. Younger travelers are opting for short getaways to leisure destinations nearby. Remote workers are also seeking overseas trips during this polluted period. Overall, there is a noticeable rise in demand for escapes from the city.
IKF Finance sets Rs 25,000 crore AUM target for 2030
The company has broadened its financial services beyond vehicle loans, which opens up new avenues for growth. With a seasoned leadership team at the helm, IKF prioritizes good governance and credit discipline.
India’s consumers are back, its stocks aren’t: Srinivasan Sivabalan
Amid the vibrant festive season in India, consumer demand is soaring, prompting businesses to boost sales and raise prices accordingly. However, rising costs are pressuring profit margins, causing a decline in investor confidence. The stock market struggles to reflect the upbeat consumer activity, signaling a potential need for a resolution to the Iran war and governmental intervention to promote stability.
Bali's petrol queues offer a reality check for India's holidaymakers
Bali is currently facing a fuel supply crisis that is causing significant disruption for travelers. Traffic jams and fuel shortages have led to longer wait times for airport transfers and local commutes. Authorities have implemented measures to improve fuel distribution and manage demand effectively. Despite challenges, tourist arrivals remain steady, contributing to the local economy. Travelers are advised to check fuel availability before visiting popular attractions in Bali.
Hyatt signs deal with Saraca Hotels to add four branded properties in UP, Uttarakhand
Hyatt Hotels Corporation has signed agreements with Saraca Hotels & Resorts to introduce four new hotels in India. This partnership will expand Hyatt's brand presence in Uttar Pradesh and Uttarakhand. The agreement introduces the Unscripted by Hyatt brand to India through Saraca Hotel Lucknow and Saraca Resort & Spa Corbett. Additionally, two hotels under the Destination by Hyatt and Hyatt Place brands will be established near Jim Corbett National Park.
First-time investors turn to India's hospitality sector for diversified income and long-term growth
India is witnessing a rise in first-time hotel owners, with entrepreneurs, real estate developers, industrial families and landowners entering the hospitality sector. Nearly seven in 10 branded hotel keys signed this year are outside Tier 1 cities, according to Noesis Hotel Advisors. Industry executives say growing domestic travel, better connectivity and demand from leisure, business, weddings and pilgrimage are creating opportunities for new investors.
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Bird Group plans to double the business across all verticals by 2030
Bird Group has signed a lease for developing a hotel on 12 acres in Shillong. The hospitality arm aims to increase its keys from 600 to approximately 1,200 by 2030. The group also plans to introduce a new brand that caters to value for money in service. Additionally, ongoing aviation projects and a growing food services business are key areas of focus.
Indians travel more despite costly flights, hotel rates to jump 27% post-Diwali
Travel bookings are on the rise for the festive season, with significant demand reported by various companies. Average hotel rates are expected to spike substantially during this timeframe, particularly in popular destinations. As a result, Goa is projected to experience the largest increase in accommodation prices. International bookings are also surging, especially to destinations like Maldives and Thailand for the festive period.
Number of branded housing projects in India set to jump over 2-fold in 6 years: Savills
Real estate firms in India are anticipating a significant increase in branded residences by 2032. A report suggests nearly 25 ultra-luxury housing projects will be completed in this period. Major developers have partnered with renowned brands to cater to the super-rich market. The demand for these residences is driven by rapidly increasing wealth among high-net-worth individuals. This trend reflects changing consumer expectations for quality and lifestyle within the luxury segment.
Rahul urges Prez to reconsider Dushyant Gautam's appointment as guv till CBI completes Ankita murder probe
Rahul Gandhi has written to President Droupadi Murmu urging her to reconsider Dushyant Gautam's recent appointment. He claims that appointing Gautam complicates the ongoing CBI investigation into Ankita Bhandari's murder. Gandhi emphasized the importance of the governor's trustworthiness and public perception during this turbulent time. The appointment of Gautam is viewed as undermining women's safety, according to Gandhi's letter.
Delhi's pollution battle could face another challenge: Punjab records more stubble fires than last year as paddy harvesting gathers pace
Punjab recorded 174 stubble-burning incidents between September 15 and October 13, 2026, up from 134 during the same period last year. Satellite monitoring detected 51 farm fire events on October 13 alone, with Amritsar and Tarn Taran accounting for most of the day’s cases. The rise comes as paddy harvesting accelerates, raising concerns over seasonal air pollution and Delhi’s winter air quality.
Ankita Bhandari's parents released after detention, give Centre 24-hour ultimatum
Parents of Ankita Bhandari protested the appointment of Dushyant Kumar Gautam as Sikkim governor, alleging his involvement in her murder. They issued a 24-hour ultimatum to the government to cancel his appointment. During the protest, police detained the parents along with several Congress leaders before releasing them hours later. Ankita's family and activists continue to demand an investigation into Gautam's alleged VIP connections.
Rahul Gandhi, Priyanka Gandhi meet Ankita Bhandari's parents at India Gate amid protests over Dushyant Kumar Gautam's appointment as Sikkim Governor
The grieving family is staging a demonstration against the recent appointment of BJP leader Dushyant Kumar Gautam as the Governor of Sikkim, citing alleged links and calling for an immediate halt to his constitutional posting pending a central investigation.
India, Vietnam, Thailand emerge as branded residence hotspots as growth hits 200%
Vietnam, Thailand, and India are emerging as key players in the global branded residences market. The growth rate for branded residential projects in India is projected to reach 126% over the next six years. Savills data indicates that Asia-Pacific accounts for 23% of the completed projects worldwide. Consumers are increasingly seeking residences that offer quality, service, and brand credibility. Standalone branded residences are expanding, with urban markets showing notable interest.
India’s office hubs turn into retail hotspots as developers tap captive shoppers
Office clusters in cities like Gurugram and Mumbai are increasingly becoming retail hubs that serve employees. Retail spaces within office developments have surged significantly, catering to rising consumer demand for lifestyle services. Developers are adapting to this shift by integrating retail areas into office structures. This evolution supports the needs of both workers during the week and consumers on weekends.
CJP protest: Protesters hide in gurdwara, don cockroach helmets to evade Delhi Police
On Saturday, police detained nearly 500 protesters in New Delhi opposing Chief Election Commissioner Gyanesh Kumar. The demonstration saw unique tactics like wearing cockroach-antennae helmets and seeking refuge in a gurdwara. Amid extensive security, participants were blocked from reaching Jantar Mantar, where protests were not permitted. Several protesters emerged symbolically to express their dissent while others were taken into custody.
Why global investors are turning to Georgia for real estate opportunities in 2026
Alliance Group designates 2026 as a pivotal year for international stakeholders targeting Georgia's dynamic real estate landscape. The nation has witnessed substantial increases in residential property transactions, luring buyers from India and Europe. Tbilisi and Batumi stand out with impressive rental yields, while rising GDP and tourism profits bolster investment allure. Additionally, favorable policy adjustments cater to high-net-worth individuals keen on tapping into Georgian real estate opportunities.
India miffed over 'Ukrainian' drone strike on oil tanker
Aa Ukrainian drone assault targeted the Liberian-flagged Aframax Rio, carrying Indian citizens off the coast of Sochi. Fortunately, all 23 crew members were rescued after the fire broke out. India's Ministry of External Affairs has called for open dialogue to safeguard seafarers and ensure the freedom of navigation, stressing the critical need to restore international maritime safety and trade stability.
‘Police scratched me all over’: Priyanka Gandhi recalls being dragged away after detention at Jantar Mantar
Congress MP Priyanka Gandhi Vadra was seen lying on the ground as several INDIA bloc MPs were being detained by the Delhi Police on their way to Jantar Mantar amid an agitation against CEC Gyanesh Kumar over the alleged irregularities in the Special Intensive Revision (SIR) exercise.
Brookfield enters India logistics realty market with Rs 4,300-cr ESR portfolio deal
Spread across more than 400 acres in six metro clusters, the portfolio comprises eight Grade A parks across major gateway cities including Mumbai, Pune, Delhi NCR, Chennai and Kolkata. The operating portfolio is 98% leased and caters to a diversified mix of key logistics and industrial occupiers.
Hidden cost of travel: Visa fees, card markups, optional tours and tips that can add 25-40% to budget; here's how to plan for them
Many travelers fail to account for hidden costs while planning international journeys, often only considering major expenses. These overlooked charges can hike trip costs by 25-40%, creating budget overruns. It's vital to include local transport, dining, and extra fees in your budget to avoid unexpected financial surprises. Employing effective budgeting techniques ensures a smoother and more enjoyable experience abroad.
CJP warns of Jantar Mantar 2.0 as thousands attend Mumbai protest seeking CEC's ouster
The Cockroach Janta Party's protest at Shivaji Park sought the resignation of Chief Election Commissioner Gyanesh Kumar. Party leaders accused the government of electoral fraud and deleting voters' names from the lists. Many prominent figures, including veteran actors, participated in the demonstration despite police denial of permission. Protesters emphasized the need for immediate action and a fair electoral process.
Women's safety concerns trigger campus protests from Delhi to Punjab as clashes, misinformation fuel unrest
Concerns regarding the safety of women students have led to protests on various campuses across India. In Delhi, the alleged gangrape of a teenager prompted demonstrations demanding better safety measures. Meanwhile, protests in Punjab were fueled by unverified claims of missing students and sexual assaults. These incidents resulted in violence, property damage, and clashes with police at multiple universities.
Ayush services sector growing fast; projected to hit up to USD 318 billion by 2047: Study
The Ayush services sector is projected to reach USD 216-318 billion by 2047 as it continues to expand. This sector reported a 16.91 percent compound annual growth rate since 2022-23 and supported 1.76 million livelihoods. Clinics and day-care centers generated the majority of the sector's revenue, with Ayurveda leading individual systems. The sector's role in Medical Value Travel is also notable with international patients contributing substantially to revenues.
Indian 10-year bond hits 4-month low on US debt rout
Indian government bonds are experiencing a downturn as the benchmark yield has surged to a four-month peak. Today's significant debt auction raises concerns about investor interest. The Reserve Bank of India is predicted to raise interest rates on October 7 amid escalating inflation and global yield dynamics. With Brent crude prices remaining high, inflationary pressures persist, prompting market watchers to keep a close eye on U.S.
Gulf hotel expansion hits a pause, but investors stay interested
Hotel operators are adjusting their Gulf expansion strategies in response to regional conflicts and disruptions. Indian Hotels Company is delaying some projects in Saudi Arabia and Bahrain while assessing new opportunities in Oman and Dubai. Other hotel chains are also experiencing delays in their project timelines, reflecting a cautious approach toward openings. Despite these delays, investor interest remains robust, with talks for new projects ongoing in several Gulf markets.
LPG customer base dips after a decade
India's LPG customer base had been expanding steadily, with the adoption of cooking gas accelerating over the past decade. The active LPG customer base more than doubled to 333.9 million at the beginning of the current fiscal year from 148.6 million at the start of 2015-16. Growth ranged between 11.9% and 19.6% in the four years to 2018-19, before slowing to around 5% or less as the overall customer base expanded. This fiscal year, the customer base has shrunk by 1%.
Resort-led real estate gains traction as buyers seek lifestyle beyond second homes
Hospitality-led real estate developments are becoming popular as buyers seek resort-like lifestyles near metro cities. Developers are offering sale-and-leaseback models to cater to these demands in various locations. The evolving preferences of homebuyers emphasize lifestyle choices and integrated living environments that include hospitality elements. Multiple projects around Bengaluru are gaining traction due to the growing demand for quality experiences in residential developments.
RBI opts for sharp liquidity drain through $10.5 billion debt sale
The Reserve Bank of India is set to issue bonds valued at one trillion rupees to help manage surplus liquidity in the banking sector. This strategic move comes in response to increasing inflationary pressures driven by high oil prices, with the central bank indicating that all liquidity management strategies are still in play. This decision follows a disappointing reception to earlier liquidity absorption measures.
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