Tag

Tourism & Hospitality

7 articles

Government initiatives are poised to significantly bolster India's tourism and hospitality sector. Recent approvals include ₹5,757 crore for 117 infrastructure projects focused on spiritual corridors in key pilgrimage sites like Kashi, Ayodhya, and Mathura, alongside the revamped Incredible India digital platform offering multilingual support and integrated booking services. Furthermore, a memorandum of understanding between the Ministry of Tourism and Air India aims to amplify the "Incredible India" brand globally through joint campaigns and content development, while Waterways Leisure Tourism reported a substantial 22% increase in Q1 FY27 profit, reflecting robust operational growth and strategic investments in new vessels. These developments suggest a favorable environment for tourism-related businesses and indicate potential for increased inbound travel and economic opportunities within the sector.

Results

IRCTC Q1 FY27 PAT at INR330 Crores

IRCTC reported Q1 FY27 revenue of INR1,370 crores, up 18.1% YoY, with a PAT of INR330 crores. EBITDA declined 2.77% YoY to INR386 crores, impacted by HR costs and a shift in revenue mix towards cateri

Company News

IRCTC Announces Mumbai Non-Deal Roadshows August 2026

• IRCTC management to hold non-deal roadshows with investors in Mumbai on August 24-25, 2026, discussing Q1 FY27 results and corporate presentation. • Company confirms no Unpublished Price Sensitive I

Macro

Government Invests ₹10,400+ Crore in Heritage Revival

Government launched multiple schemes investing over ₹10,400 crore in tourism infrastructure and heritage conservation across India. Archaeological Survey of India safeguards 3,686 monuments with ₹374

Macro

India Invests ₹10,500+ Crore in Cultural Heritage Revitalization

Government outlines ₹10,500+ crore investment across multiple schemes to preserve and promote India's cultural heritage through infrastructure and digitization. Key achievements include 615 antiquitie