The hotel industry’s revenues and margins are expected to return to pre-COVID levels in 2022-23 despite potential impact on demand in case of further waves of the pandemic, according to ratings agency ICRA. Domestic leisure and transient travel will be theThe hotel industry’s revenues and margins are expected to return to pre-COVID levels in 2022-23 despite potential impact on demand in case of further waves of the pandemic, according to ratings agency ICRA. Domestic leisure and transient travel will be the
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1 United States Dollar Equals 79.63 Indian Rupee Now
Rupee has been slumping and slumping owing to a lot of headwinds such as continued FPI outflow, crude oil price still maintained above $100 per bbl and the likes. In trade on Tuesday (July 12, 2022), rupee opened at 79.438 andRupee has been slumping and slumping owing to a lot of headwinds such as continued FPI outflow, crude oil price still maintained above $100 per bbl and the likes. In trade on Tuesday (July 12, 2022), rupee opened at 79.438 and
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Crude Oil Prices Decline On Fresh Covid Worries In China
At the time of writing this copy, both the major benchmarks of crude Brent and WTI are trading with a cut of between 1.8-2%, with prices at $105 and $102 per barrel levels. The prices are on a drawdownAt the time of writing this copy, both the major benchmarks of crude Brent and WTI are trading with a cut of between 1.8-2%, with prices at $105 and $102 per barrel levels. The prices are on a drawdown
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Bosch To Invest Over Rs 200 Cr, In Next 5 Years In India
Auto components major Bosch Ltd will invest over Rs 200 crore in India in the next five years in advanced automotive technologies and digital mobility space, its Managing Director Soumitra Bhattacharya has said. The company is also “quietly and cautiously optimisticAuto components major Bosch Ltd will invest over Rs 200 crore in India in the next five years in advanced automotive technologies and digital mobility space, its Managing Director Soumitra Bhattacharya has said. The company is also “quietly and cautiously optimistic
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High UAE Gas Prices Stand, Out Where Cheap Fuel Was The Norm
Mere years ago, fuel was cheaper than bottled water in the oil-rich United Arab Emirates. Now, long lines snake outside gas stations on the eve of price hikes each month. Fuel prices in the major OPEC producer, set in line withMere years ago, fuel was cheaper than bottled water in the oil-rich United Arab Emirates. Now, long lines snake outside gas stations on the eve of price hikes each month. Fuel prices in the major OPEC producer, set in line with
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Fed’s Bullard: Solid US Economy, Can Handle Rising Rates
The US economy is healthy and shows little sign of an imminent recession, and can withstand higher interest rates, St Louis Federal Reserve president James Bullard said Monday. Financial markets are flashing signs that an economic downturn could arrive sometime nextThe US economy is healthy and shows little sign of an imminent recession, and can withstand higher interest rates, St Louis Federal Reserve president James Bullard said Monday. Financial markets are flashing signs that an economic downturn could arrive sometime next
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SpiceJet Chairman Ajay Singh Booked, For Allegedly Defrauding Gurugram Businessman
SpiceJet chairman Ajay Singh was booked here for allegedly duping a businessman on the pretext of allotting him company shares, police said on Monday. Complainant Amit Arora claimed Singh has defrauded others also in a similar manner. According to the complaint,SpiceJet chairman Ajay Singh was booked here for allegedly duping a businessman on the pretext of allotting him company shares, police said on Monday. Complainant Amit Arora claimed Singh has defrauded others also in a similar manner. According to the complaint,
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Delta Corp Gains After Good Q1Fy23 Results
Delta Corp, primarily a real estate company that has also diversified into casinos and is also in segments like hospitality among others, has opened trade on a firm note. The scrip gained by over 2% to day’s high price of Rs.Delta Corp, primarily a real estate company that has also diversified into casinos and is also in segments like hospitality among others, has opened trade on a firm note. The scrip gained by over 2% to day’s high price of Rs.
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Tata Technologies Plans IPO; First Tata Issue Since TCS Issue In 2004: Report
As per the leading dailies report, the arm of Tata Motors-Tata Technologies is mulling over an IPO as there is seen increased demand for electric vehicles as well as the aviation segment demand has increased immensely. If the plan goes throughAs per the leading dailies report, the arm of Tata Motors-Tata Technologies is mulling over an IPO as there is seen increased demand for electric vehicles as well as the aviation segment demand has increased immensely. If the plan goes through
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Petrol, Diesel Rate July 12, 2022: Amid Falling Crude Oil, Will Fuel Prices Come Down?
The Oil Marketing Companies have released a new rate list of petrol and diesel prices and the prices of both the fuels continue to remain steady. Now the prices of petrol and diesel remain unchanged for the last 51 days andThe Oil Marketing Companies have released a new rate list of petrol and diesel prices and the prices of both the fuels continue to remain steady. Now the prices of petrol and diesel remain unchanged for the last 51 days and