Foreign Travel

An analysis of tourism data shows that India earns significantly more from foreign tourists coming to India than what Indians spend abroad

Indians are spending nearly USD 1 billion every month on foreign travel which is significantly more than the pre-Covid levels, reveals Reserve Bank data on outward remittances. During the April-December period of 2022-23, the outward remittances under the Liberalised Remittance Scheme (LRS) for resident individuals towards 'travel' was USD 9.95 billion. The corresponding spending on travel during 2021-22 was USD 4.16 billion, and USD 5.4 billion in the pre-Covid year 2019-20, according to the RBI data. The outward remittances towards travel were USD 7 billion in the entire 2021-22 financial year. "Indians are roaming across the world with their families or friends. Vietnam, Thailand, Europe, and Bali are some major destinations that Indians prefer," said Sapan Gupta, Partner, We3Online. Europe, Indonesia, Vietnam, Thailand, and Dubai are some of the major destinations that Indians prefer. Akash Dahiya, Co-founder, SanKash said that with the rise of affordable travel and technologi

Before this, the highest spend on overseas travel in an entire financial year was $7 billion in 2019-20

The notice says, Discussion on Prime Minister's foreign travel with industrialist Gautam Adani and the benefit the group received in foreign tenders.

China has been particularly critical of decisions by some countries to impose a requirement for a Covid test on its citizens, saying they are unreasonable and lack scientific basis

China has said it would hit back at nations that impose new rules on its travelers, dismissing the measures as "political goals

Travel from India increased significantly after resumption of direct flights in March, Turkiye Tourism Board said, with destination weddings contributing to arrivals

5,666 samples of passengers were collected for Covid-19 testing. Of the total samples collected, 53 international travellers tested positive for Covid, said the source

International travel contributed over $970 million or 50 per cent of $1.92 billion remitted by Indians in October 2022

An expenditure of little over Rs 239 crore was incurred in Prime Minister Narendra Modi's visit to various foreign countries in the last five years, according to details provided by the government in Rajya Sabha on Thursday. Minister of State for External Affairs V Muraleedharan said these visits have enhanced understanding of India's perspectives on regional and global issues among its foreign partners at the highest level. "The objective of the prime minister's visits abroad has been to foster closer relations with foreign countries and promote India's engagements at regional and global level," he said. Muraleedharan was replying to a question in Rajya Sabha on the prime minister's visits, their outcomes and details of expenditure incurred on each of the visits in the last five years. The minister said such visits are an important means by which India serves its national interest and implements foreign policy objectives. "Understandings reached during these visits have enabled I

Sri Lanka's Health Ministry on Wednesday said it has removed Covid-19 restrictions that were in place on for foreign arrivals

SL banks must open nostro accounts with Indian banks

Take country, trip duration, and your age into account when deciding on the sum insured

According to RBI data, in August, Indians remitted $467.52 million for overseas education, $330.70 million for maintenance of close relatives, and $221.31 million in gifts.

The hike in airfare prices is a result of the increased cost of aviation turbine fuel, according to ixigo's data

Lucrative discounts and packages lure Indians: here is how to choose the best deals

Goyal said if multilateralism was imperilled, the world will not be left with many fora to promote dialogue and diplomacy

A senior Dubai Economy and Tourism official said UAE will soon start issuing five year multiple entry visas. The move is expected to attract Indians to make more trips to Dubai.

Spend on international travel accounts for 48% of total remittance

Delhi Transport Minister Kailash Gahlot approached the high court here challenging the provision of seeking prior permission from the Central government for foreign visits by the CM, ministers