‘COVID impact on hospitality sector will not last long’
The Hindu
Tech adoption faster now: ISH CEO
Hospitality education is undergoing transformation as COVID-19 has necessitated a blend of contactless technologies with personalised service. In an interview, , founder & CEO, Indian School of Hospitality (ISH) and former MD of Starwood Hotels & Resorts South Asia, said the impact of COVID-19 on the sector is waning. Excerpts: It was clearly impacted. Two groups of students — 2020 and 2021 batches — were majorly impacted from job point of view in the hospitality sector. I want to emphasise hospitality of hotels because evenpre-COVID, fewer students studying hospitality were looking to join the mainstream hotel industry. Over the last 8 to 10 years, other sectors such as luxury retail, luxury real estate, QSR and restaurant business have been growing and many of these sectors do hire students from hospitality schools. Therefore, the impact of the hotel industry not hiring for two years has been questioned by the fact that there are many other sectors which are thriving.
IMF highlights India as a vital global growth engine, forecasting robust economic performance and strong consumption for 2025-2026.
Silver and gold prices decline as a strong U.S. dollar and weak global cues prompt profit-taking by investors.
India's power sector is poised for $500 billion investment over seven years, showcasing vast growth potential and opportunities.
Stock markets surged in early trade, with Sensex and Nifty rising on Infosys’ strong revenue growth guidance.
Rupee falls 10 paise to 90.44 against the U.S. dollar amid foreign fund outflows and stable equity markets.
India's exports grew 1.87% to $38.5 billion in December 2025, showing resilience amid global uncertainties, says Commerce Secretary.
India's coal production rose 3.6% in December, surpassing targets, despite a slight year-to-date decline and lower dispatch to power sectors.
Oil prices drop 3% after Trump reassures that Iran has halted killings of protesters, easing supply shock fears.
Air India announces flight delays and cancellations due to rerouting around Iran's closed airspace amid regional tensions.
ILO report highlights stagnant global unemployment, with rising job challenges for youth and women, and persistent extreme poverty.
Infosys has revised its FY26 revenue guidance upward to a range of 3-3.5% from the earlier forecast of 2-3%
The World Economic Forum identifies cybersecurity and income inequality as India's top risks for 2026, amid global geoeconomic concerns.
Stock markets decline for the second consecutive day, with Sensex dropping 245 points amid geopolitical tensions and foreign fund outflows.