Shares of tourism-related companies gained on Tuesday as Finance Minister Nirmala Sitharaman announced a slew of measures for the sector while presenting the Union Budget 2024–25 in the Lok Sabha on Tuesday.
The government will develop the Vishnupad temple corridor and the Mahabodhi temple corridor in Bihar on the model of the successful Kashi Vishwanath corridor to make them world-class tourist destinations, Sitharaman said.
She underscored that efforts to position India as a global tourist destination would create economic opportunities.
Shares of SpiceJet Ltd. were trading 1.08% higher, while ITC Ltd. was 0.87% up on the BSE at 12.35 p.m.
Shares of Easy Trip Planners Ltd. were trading 3.22% higher on the NSE, while Thomas Cook (India) Ltd. and Yatra Online Ltd. were 3% and 3.90% up, respectively, as of 12:30 pm.
Watch The Video Here
RECOMMENDED FOR YOU
Saudi Arabia’s Historical Mud City Seeing Boost In Tourism FDI
Oct 31, 2024
Delhi Government Approves 24-Hour Restaurant Operations In Aerocity To Boost Tourism And Economy
Oct 30, 2024
Karnataka Mulls Relaxing Alcohol Sale Norms On Beaches To Boost Tourism
Oct 24, 2024
US, UAE Discuss Progress On India-Middle East-Europe Economic Corridor
Sep 24, 2024
POPULAR