Indian travel freaks turn to lenders

Desire to visit exotic spots, expensive tickets seen as reasons; loans offered from ₹50,000 to ₹7.5 lakh Indians are increasingly using debt to finance travel, according to travel portals and lending platforms. “There are two perspectives on this, quantitative and qualitative,” Veetika Deoras, COO, Digital Business at Tata Capital told The Hindu. “Looking at the qualitative, there is an increasing trend one is seeing where people are open to borrowing for experiential elements like travel.” According to Qbera.com, an online lending platform, on an average, people in the age group of 27-40…

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Indus OS Expands Speech-to-Text Feature, Now Supports 23 Indian Languages

Domestic Android-based mobile operating system Indus OS on Wednesday unveiled a new ‘speech-to-text’ feature in their keyboard that would allow users to enter text in their preferred language. Apart from English, the new version of Indus OS Keyboard will now support 23 Indian languages. “The latest version will introduce speech-to-text in Indian languages, allowing users to speak into the phone in their preferred language while the text will automatically be recognised and displayed by just the press of a button,” the company said in a statement. This is the first time that…

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Indian parents spend Rs 12.25 lakh on children’s education, Hong Kong leads with Rs 85.67 lakh

In a fiercely competitive job market today, education is highly prioritised by parents, with Hong Kong residents shelling out $132,161 (Rs 86 lakh) on their children’s school or university tuition fees, books, transport and accommodation – the highest in the world. Indians, meanwhile, are spending $18,909 ( Rs 12.25 lakh) while the world average spending on children from primary school to university undergraduate levels is about $44,221 (Rs 29 lakh), says an HSBC report: Higher and higher, The Value of Education series. About 89% Indians fund their children’s education, 79%…

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IIT-Kanpur students ditch ‘colonial’ robes for Indian wear

Ditching the ceremonial and “colonial” black robes and headgears, IIT Kanpur students today donned the ethnic attire of kurta-pyjama and kurta-salwar during their convocation ceremony. “For the first time, students received their degrees in the Indian Institute of Technology (IIT) not in the British-time gowns and headgears, but in kurta pyjamas (for boys) and kurta-salwar (for girls) along with stoles in different colours to mark their specific courses,” IIT-K Director, Professor Indranil Manna said. He said the students will wear Indian clothes in all future convocations. Around 673 students of…

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Here’s why this Indian travel startup has become profitable

Travel sector is growing phenomenally with Indians booking tickets on the fly. As the market is set to grow from 18 million to 30-50 million outbound travelers in the next 5-7 years, there is fleet of travel start-ups in the market currently but one of them claims to have turned profitable this financial year. Established in October 2011, TravelTriangle is India’s first full stack holiday marketplace with a team of 400 people, and a team of 650+ expert agents across the globe. The company wanted to connect travelers with safe,…

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Travellers’ choice: Taj Mahal only Indian monument to figure in top 10 global landmarks

Taj Mahal, the magnificent monument of love, has made it to the top 10 landmarks in the world by securing fifth position in the list. One of the most iconic wonders in the world, the Agra- based imposing white marble structure, a tourist delight, is the only Indian monument to figure in the world’s top 10 Travellers’ Choice awards for Landmarks. Angkor Wat in Siem Reap (Cambodia) topped the list followed by Sheikh Zayed Grand Mosque Center in Abu Dhabi (UAE), Mezquita Cathedral de Cordoba in Cordoba (Spain) and St…

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Amazon Great Indian Sale Day 3 Offers: Samsung Galaxy On7 Pro, Honor 6X, and Other Deals

As the Amazon Great Indian Sale moves into the third day, there are plenty of new deals that are set to go live on the e-commerce platform. Amazon continued to offers discounts on mobile phones, but there is a lot more you can be checking out as well. The initial mad rush for deals has thinned out, so getting discounts on tablets, laptops, gaming consoles, etc. that you have had an eye on should not prove too difficult. Of course, if smartphones is all you are in the market for,…

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Seychelles marks annual growth of 42% on Indian arrivals

Seychelles recorded 42% annual increase in tourist arrivals from India in 2016 compared to 2015. Around 11,000 tourists from India visited Seychelles in 2016 compared to around 8,000 in 2015 and as a result India broke into the list of top 10 source markets for the tourism board. This increase can be attributed to the India tourist office’s committed focus on promotion of the destination, interest and efforts from the hotels and DMCs to capture the Indian market, increased customer awareness due to Bollywood associations and innovative digital presence along…

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UK HE: non-EU enrolments flatline as Indian students plummet

The figures from the Higher Education Statistics Authority, published today, show a 1% drop in first-year non-EU enrolments in 2015/16, with overall non-EU enrolments falling very slightly – by less than 1% – to total 310,575. “The UK could be doing much better than this” China remained far and away the biggest provider of non-EU students to UK higher education institutions, climbing to 91,215 in 2015/16. Meanwhile, Malaysia overtook both the US and India to become the UK’s second largest non-EU student source country, as Indian student numbers continued to drop. Indian…

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Militants ambush Indian army convoy in Kashmir, 3 dead

Militants ambushed an Indian military convoy in Kashmir on Wednesday, killing three personnel, in an escalation of violence that officials have blamed on separatist protests that have tied down security forces for more than a month. Indian Kashmir is in the midst of the worst unrest in six years that began early last month when security forces killed a young separatist commander who was idolised by some youth, provoking an outpouring of anger. Police superintendent Imtiaz Hussain said militants were taking advantage of the unrest to attack security forces after…

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