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Quick escapes over long trips! Indians opt for short-haul travel to Southeast Asia; demand for distant trips dips amid global tensions

Short-haul destinations in Asia continue to attract Indian travellers despite a decline in long-distance travel since summer due to geopolitical issues. Countries such as Thailand, Malaysia, Vietnam, Indonesia, Bhutan, Sri Lanka, and Nepal maintain their appeal, according to travel firms.“While travellers have considered delaying or postponing plans, Southeast Asia has emerged as a go-to destination…

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BSE Sensex rallies strongly in first half of 2025: What’s the outlook for the rest of the year & will small cap stocks do well? What experts say

Whilst conditions appear favourable for small-cap growth, success will depend on careful analysis and selective investment choices. (AI image) India’s equity market appears set for a significant transformation as it enters the latter half of 2025. The first half of 2025 witnessed the Sensex climb approximately 8%, displaying notable strength in large-cap shares that guided…

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Adani Enterprises bond plans: Draft filed for Rs 10 billion issue; Greenshoe option of Rs 5 billion included

Adani Enterprises, the flagship entity of business magnate Gautam Adani, has submitted draft documentation to stock exchanges, outlining plans to secure 10 billion rupees ($117 million) through retail bond offerings, according to Reuters report.The company’s return to the retail bond market comes after its initial debt offering in September 2024, when it successfully gathered 8…

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Canada Day 2025 checklist: Banks, schools, malls and more — what’s open, what’s closed on July 1

As Canadians gear up for fireworks, backyard barbecues, and community celebrations this Tuesday, July 1, it’s important to know which services and establishments will be open or closed on the Canada Day holiday. Here’s a detailed guide to help you plan your day: Government services Federal and provincial government offices will be closed for the…

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Gold price prediction: What’s the gold rate outlook for June 30, 2025 week – should you buy or sell?

Gold price prediction: The holiday-shortened week ahead could see subdued volumes, but volatility may persist depending on economic data and geopolitical updates. (AI image) Gold price prediction today: Gold prices have been trading lower as geopolitical tensions ease and demand for safe haven assets falls. However, the downside has been capped by a weaker US…

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Asian markets show optimism: Stocks steady as US-Canada trade talks progress; eye on US jobs data due this week

Asian equity markets showed strength on Monday, buoyed by optimism over US-Canada trade negotiations and sustained demand in the global technology sector. However, gains were tempered by concerns around upcoming US employment data, which weighed on the dollar. Japan’s Nikkei led the region with a 1.6 per cent gain, supported by strong performances in tech…

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PSBs told to monetise investments in arms

New Delhi: The finance ministry has asked public sector banks (PSBs) to look at monetising their investment in subsidiaries by listing them at bourses after further scaling up operations so that they realise good return.There are about 15 subsidiaries or joint ventures of PSBs lined up for initial public offering or divestment in medium to…

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As commissions fall, flat fee reshapes ride-hailing

Bengaluru: Ola has introduced a nationwide flat fee model for its cab-hailing business, allowing drivers to retain 100% of their earnings after paying a fixed daily access charge of Rs 67. This move replaces the long-standing commission structure, where platforms deducted 20%-30% per trip, marking a significant shift in India’s ride-hailing economics.Internally, senior Ola executives…

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