Tuesday, August 5, 2025

Creating liberating content

Mumbai: US President Donald Trump’s tariffs threat is casting a

Mumbai: IndusInd Bank has appointed Rajiv Anand as its managing

Top stocks to sell today (AI image) Stock market recommendations:

Related News

The effective US tariff rate on Indian goods jumped to 20.7 per cent in 2025 from just 2.4 per cent in 2024, Fitch Ratings said in its latest assessment. Fitch

Mumbai: US President Donald Trump’s tariffs threat is casting a long shadow over Indian markets, pushing the rupee to a record closing low, and weighing on equities. The domestic currency

Mumbai: IndusInd Bank has appointed Rajiv Anand as its managing director and CEO, effective Aug 25 for a three-year term, following approval from the RBI. The appointment comes at a

Top stocks to sell today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Naukri, and Tata Motors are the

New Delhi: American President Donald Trump’s latest announcement of a possible “substantial increase” in tariffs on Indian goods, added to the uncertainty for exporters, amid indications that govt was looking

New Delhi: PB Balaji, the group CFO of Tata Motors, will take charge as the CEO of British marquee Jaguar Land Rover from Nov this year, becoming the first Indian

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Support to Pakistan costs Turkey, Azerbaijan as Indians shift out weddings, corporate events

Word Count: 672 | Estimated Reading Time: 4 minutes


Support to Pakistan costs Turkey, Azerbaijan as Indians shift out weddings, corporate events

India’s wealthy families and non-resident Indians are increasingly steering clear of Turkey and Azerbaijan for weddings and corporate events, amid rising tensions tied to those countries’ perceived support for Pakistan.Planners say several high-profile weddings and corporate events have already been rescheduled or relocated, dealing a blow to the region’s lucrative destination events business. Event managers cite growing discomfort among clients.Prachi Tandon, co-founder and director of Copper Events, said that many clients are now looking at alternatives such as the UAE and Rajasthan. “Bahrain has become the most important destination for us now,” she said, adding that supportive policies from local governments, such as visa fee waivers for couples, are also making a big difference.The chill in sentiment is not limited to weddings. Mihir Ranpara, co-founder of GoBananas, shared that an event his firm was managing for CREDAI, originally planned for Baku, Azerbaijan in September, has now been moved to Singapore. “We were about to sign hotel contracts, but given Azerbaijan’s stand on the India-Pakistan issue, we decided to switch,” he said. “As planners, we’re not promoting Turkey and Azerbaijan anymore.”Turkey has emerged as a top-tier destination for Indian weddings over the last few years, especially cities like Antalya and Bodrum, known for their scenic coastlines and grand hospitality. But the current political undertone has dampened demand.“Destination management companies in Turkey are disappointed,” said Vijay Arora, director of Touchwood Group, which handles large-scale events. “We had a strong network there, but most clients are now looking at Bahrain, Doha, and other Middle Eastern destinations.”Industry veterans say the impact is being felt across the board, from event venues and hotels to makeup artists, caterers, and transportation providers in Turkey, who had grown dependent on Indian wedding business.Swati Pandya, founder of Global Luxe Weddings, expressed disappointment over the silence of Turkey’s event services industry. “Indian weddings brought huge revenues to Turkey—from salons and entertainers to taxis and F&B—but none of them stood up for India. At this point, exploring options within India just makes more sense.”





Source link

Sign In

Welcome ! Log into Your Account