TOURISM INDUSTRY

Piyush Goyal asks ministry to identify AI-proof jobs, eyes handlooms, handicrafts and tourism, says India can lead in traditional sectors

Union Minister Piyush Goyal is guiding efforts to identify AI-proof professions that leverage India's skilled labor force. He emphasized the nation’s strengths in sectors like handlooms, handicrafts, and tourism. Goyal plans to attract Indian scientists and engineers from overseas to contribute to India’s growth. Discussions are ongoing regarding how to create a supportive ecosystem that encourages talent to return home.

5 stocks with consistent score improvement and upside potential of up to 29% in 1 year, according to analysts

Do not paint the whole market with one brush. Even in an extended fall like the current one, some parts of the economy still manage to hold up. And the surprise tends to come from the corner nobody was watching.

India-New Zealand FTA kicks in October 20, gives all Indian goods zero-duty access

India's free trade agreement with New Zealand will begin on October 20 and provide duty-free access for Indian goods. This agreement aims to boost bilateral trade significantly by 2030, increasing it from $2.4 billion to nearly ₹35,000 crore. New Zealand will grant 100% market access, while India will provide tariff concessions on 70% of its tariff lines. Customs clearance timelines will be expedited, enhancing trade efficiency and reducing costs.

Florida scientists use ‘coral IVF’ to save dying reefs as 1.5 million embryos offer new hope: How this process works

Florida scientists are using a technique called “coral IVF” to restore damaged reefs, producing more than 1.5 million coral embryos in a major 2026 effort. The scientists are utilizing coral IVF to rejuvenate coral reefs. By skillfully harvesting and fertilizing coral gametes, they've produced resilient embryos. These embryos thrive in carefully monitored settings until they develop into healthy young corals.

Lake Apopka alligator attack: Florida is home to 1.3 million alligators, with these five lakes teeming with thousands

The fatal Lake Apopka alligator attack in Florida has raised concerns about the state's large alligator population. Florida has an estimated 1.3 million alligators, with Lake Okeechobee, Lake Jesup, Lake Kissimmee and Orange Lake among the waterways known for their large populations. Here's what to know about these alligator hotspots and the safety precautions recommended by wildlife officials.

In the 1930s, mining kept Gold Point, Nevada, at about 200 residents; by 1950, only 23 remained; and by 2011, just 7 people still lived there full time, year-round

Gold Point, once a thriving mining community in Nevada, experienced significant population decline after mining operations ceased. The town, originally known as Lime Point in 1868, transitioned to focus on gold-mining in the late 1920s. Following World War II, mining activity diminished and finally ended in the 1960s with a shaft collapse. Today, the settlement has adapted to tourism, with remaining buildings and a museum preserving its mining history.

Florida to dump 990-foot ship in Gulf of Mexico to create world’s largest artificial reef. It will create a new marine habitat

The iconic SS United States is on the verge of transformation as plans to sink her and create an artificial reef in the Gulf advance. With a budget of $10.1 million, this initiative aims to boost marine habitats and draw in diving enthusiasts. Preparatory stages include the careful removal of toxins from the ship, with officials emphasizing compliance with environmental safety protocols.

Trump move to restart direct US flights with Lebanon hits roadblock

The UN aviation agency has found Beirut’s main airport lacks valid certification, an emergency plan and adequate firefighting resources for long-haul aircraft, potentially delaying the resumption of direct US-Lebanon flights announced by President Donald Trump. Lebanese authorities say corrective measures are underway, while security concerns and regional hostilities pose additional challenges.

Rafael Nadal built a tennis academy in 2016; nine years later, he sold a 44.9% stake for about €94 million

Rafael Nadal is not just a tennis champion but a savvy entrepreneur as well. He founded the Rafa Nadal Academy, enhancing both athletic training and education for aspiring athletes. His business endeavors extend to the hospitality industry with trendy hotels and upscale restaurants, all while investing in luxury real estate and innovative sports technology. Nadal's expanding ventures illustrate his commitment to leaving a lasting mark beyond the tennis court.

World Bank has a $19 billion gameplan to expand its critical minerals business in five years

World Bank President Ajay Banga has set a target to quintuple the lender’s critical minerals business over five years, with financing projected to rise to $19 billion in FY26-FY30 from $3.6 billion in the previous five years. The bank has identified 20 countries for partnerships to build local industries and create jobs.

India must leverage AI, cultural soft power to shape global media industry: Rajan Navani

India has the potential to leverage its cultural heritage and creative capabilities for economic growth in various sectors. Rajan Navani emphasized the collaboration required among industry and government to achieve this vision. The focus is on using artificial intelligence responsibly to improve creativity in the media landscape. Educational institutions play a role in fostering skills in emerging technologies and engaging audiences.

Jeff Bezos invests $100 million in US cities, including plan to turn old motorway ramp into 20-acre park

Jeff Bezos is pledging an impressive $100 million to rejuvenate underutilized urban spaces in eight U.S. cities. This initiative will turn neglected lots into vibrant public parks and wildlife habitats benefiting local communities. A standout project in Little Rock involves transforming a disused motorway ramp into a sprawling 20-acre park, enhancing connections between existing green areas and cultural sites by the river, and promising to stimulate tourism and investment.

Artificial intelligence may create more jobs than it replaces in India: Piyush Goyal

Union Minister Piyush Goyal announced that artificial intelligence is poised to generate significant job opportunities for the youth of India. While he noted the potential for initial disruption as job roles evolve, he stressed the necessity for workers to acquire new skills. Goyal pointed out that sectors like tourism and sports will always demand human interaction, indicating that India’s growth hinges on investment in manufacturing and technological innovations.

India's alternative accommodation market expected to reach $4.7 billion in GBV by FY29: Report

India’s alternative accommodation market is projected to grow to $4.7 billion in gross booking value by FY29 from $2.6 billion in FY26, according to a Booking.com and VIDEC Consultants report. Digitally distributed listings crossed 200,000 in FY26, with tier-two cities, religious centres and emerging leisure destinations driving expansion.

Mizoram targets 5–7% tourism share in GSDP by 2047, opens new investment pathways

Mizoram plans to enhance tourism's contribution to its economy by leveraging cultural and natural assets. The government is executing tourism infrastructure projects worth over Rs 681.16 crore to support this initiative. Targeting to welcome 10 lakh visitors by December 31, local benefits are prioritized alongside visitor numbers. Various tourism events are scheduled to attract a diverse range of tourists throughout the year.

Mizoram seeks to boost tourism by relaxing Protected Area Permit during winter and Christmas festivals

Mizoram is seeking to promote tourism by easing regulations during upcoming winter and Christmas festivals. The state reported significant growth in tourist arrivals during the first eight months of 2026. Investments in tourism-related infrastructure are expected to support the sector's development in the coming years. A series of cultural festivals and initiatives aim to extend visitor engagement beyond Aizawl.

Saudi Arabia spends $83 billion on defence. Why are missiles and drones still getting through?

Saudi Arabia has invested significantly in defense, spending approximately $83 billion in 2025. Houthi rebels have increasingly targeted critical infrastructure, including airports and oil facilities. The complexity of defending against missiles and drones poses a significant challenge for Saudi air defenses. Recent attack patterns have raised concerns about the effectiveness of current military capabilities.

How India can attract more tourists: VFS Global founder Zubin Karkaria explains

FTAs to open up $85 TN GDP markets for India: Piyush Goyal says Our capacity as a nation is huge

Zubin Karkaria says VFS Global may launch ‘Study in India’ product to attract international students

India is experiencing significant growth in its Travel and Tourism sector, driven by a rapid economy. The World Travel and Tourism Council recently discussed India's potential for global tourism leadership. Key industry leaders highlighted the importance of showcasing India's diverse states and attracting international students. Minister Gajendra Shekhawat emphasized the government's focus on promoting tourism alongside trade and technology.

Stocks in news: HCL Technologies, DMart, Adani Green Energy, PTC Industries and Anand Rathi Wealth

Indian equity markets showed a significant recovery driven by bargain buying and favorable global cues. The Nifty 50 and Sensex both closed higher, indicating improved investor sentiment. Notable companies reporting earnings include Canara Robeco Asset Management and Avenue Supermarts, among others. Banking stocks are expected to draw attention due to changes in cash reserve ratio requirements by the Reserve Bank of India.

Festive travel bookings 50% ahead of last year as Indians opt for multiple getaways

Travel trends show a growing preference for multiple short trips during India's festive season. Nearly 23 percent of Zostel travellers made repeat bookings last year, reflecting this trend. Popular destinations include Hampi, Gokarna, and Rishikesh, with notable increases in Himalayan bookings. The busiest travel period occurred during Christmas-New Year week, significantly surpassing average check-in figures. Many travellers are booking shorter trips spontaneously rather than planning months in advance.

Nurturing a tiger economy, literally

The reintroduction of a tigress in Buxa Tiger Reserve marks a significant step in conservation efforts. This initiative aims to create a sustainable ecosystem that supports the local economy and tiger population. Enhancing tourism through tea cultivation and integrating timber industries will promote economic growth. The success of this project relies on strict adherence to conservation practices within the reserve.