Friday, August 14
The United States recorded a 6% fall in foreign visitors in 2025, even as global tourism continued to expand and spending rose worldwide, according to the World Travel and Tourism Council. The decline came as international travel spending grew 6.7% from the previous year, driven by strong demand in Europe and Asia. More than 1.5 billion tourists spent $11.7 trillion on hotels, cruises and flights globally in 2025, WTTC data showed. Tourism accounted for 10.3% of global gross domestic product, with spending growing at twice the pace of overall economic growth. Europe and Japan gain as US arrivals dip WTTC interim President and CEO Gloria Guevara said travel demand remained strong, particularly among younger travellers who are taking trips more frequently. However, concerns including US anti
Air India on Thursday cancelled at least three flights to the US, and certain services to Europe will face some delays due to Iranian airspace closure, according to a source. At least three flights - two from the national capital to New York and Newark, and one from Mumbai to New York - have been cancelled, the source told PTI. In a post on X, the airline said that due to the emerging situation in Iran, the subsequent closure of its airspace, and in view of the safety of our passengers, flights overflying the region are now using an alternative routing, which may lead to delays. "Some Air India flights where currently rerouting is not possible are being cancelled," the airline said, and regretted the inconvenience caused to passengers due to this unforeseen disruption. Air India uses Irani
In the first few trading days of the new year, nearly Rs 8 lakh crore in market capitalisation has been wiped out, marking the worst start to a calendar year for the Indian stock market in a decade. The Sensex and Nifty are down about 2% each, with the total market capitalisation of all BSE-listed companies falling by around Rs 7.6 lakh crore to Rs 468 lakh crore so far in 2026.The immediate pressure point has been global money flows. Foreign institutional investors (FIIs) are 92% short in index futures and have already pulled out $2 billion from Dalal Street amid renewed anxiety over delays in an India–US tariff deal.That uncertainty has kept domestic markets on edge, even as negotiations are expected to restart this week, a development that has offered only limited relief so far.“The
