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Economic Times
2 days ago
- Business
- Economic Times
Kuwait launches all-in-one National tourism portal ‘Visit Kuwait'
Agencies Kuwait has unveiled its new national tourism portal, 'Visit Kuwait,' marking a major step toward modernizing travel access and promoting the nation's cultural heritage to the world. Launched under the Vision 2035 strategy, the platform integrates e-visa services, cultural information, event listings, and travel recommendations into a single user-friendly tool. What the portal offers 'Visit Kuwait' combines easy e-visa applications with detailed cultural content. Visitors can now apply for tourist, business, family, or official visas online without embassy visits. In addition, the portal provides guides to top destinations, insights into Kuwait's cultural calendar, and practical travel advice, all in one place. Beyond visa services, the portal serves as a digital showcase of Kuwait's art, heritage, and lifestyle. Visitors can explore curated recommendations, from Kuwait Towers and the Sheikh Abdullah Al-Salem Cultural Centre, one of the world's largest museum complexes, to traditional souks, festivals, and landmark museums. A strategic pillar in economic transformation This initiative supports Kuwait's Vision 2035 goal to diversify its economy beyond oil by nurturing the tourism sector. By presenting a unified digital channel for visitors, the government aims to boost tourism, facilitate cultural diplomacy, and enhance the country's global tourism image. Feature Details E-Visas Apply online for tourist, business, family, and official visas. No embassy visit needed. Cultural insights Explore heritage sites, museums, festivals, and local traditions. Travel planning tools Browse travel tips, hotel options, transportation, and event schedules. Support Vision 2035 Enhances Kuwait's economic diversification and tourism sector growth. (With TOI inputs) (Join our ETNRI WhatsApp channel for all the latest updates) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. End of an era: The Maggi Man who rebuilt Nestlé India bows out In a flat market, are REITs the sweet spot between growth and safety? India's last cement IPO did not work. Can JSW Cement break that curse? The airport lounge war has begun — and DreamFolks is losing Stock Radar: APL Apollo Tubes stock fails to hold momentum after hitting highs in June; what should traders do? Multibagger or IBC - Part 18: This auto ancillary started with wheels. It now also powers wind & war Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus Transformation underway & no tariff threat: 6 large-caps power stocks with an upside potential of up to 36%
Economic Times
5 days ago
- Business
- Economic Times
Peak XV Partners leads $48 million round in Dubai-based spend management startup Alaan
ETtech Venture capital (VC) firm Peak XV Partners has led a $48 million funding round in Alaan, a spend management platform headquartered in startup, founded by Indian-origin Parthi Duraisamy and Karen Kurien, caters to the West Asia market. Currently, it is offering spend management to some prominent corporations operating in that region. The round also saw participation from founders of 885 Capital, Sudeep Ramnani and Jai Mahtani, Y Combinator, 468 Capital, and Pioneer Fund. It was a mix of primary and secondary capital, the company said in a press release. A bunch of startup founders active in the Gulf region, including Hosam Arab, founder of financial services app Tabby; Mudassir Sheikha, founder of ride-hailing platform Careem; prominent YouTuber Khalid Al Ameri; and Parth Garg, founder of cross-border payments startup Aspora, also invested in the company. ET reported in June 2025 that London-headquartered Aspora raised a major funding round from Peak XV Partners. Peak XV Partners originally split from Sequoia Capital to focus on investments in India and Southeast Asia. But now the venture capital firm has started taking bets in other geographies as well. 'The category has demonstrated strong product-market fit in the MENA (Middle East and North Africa) region, and Alaan stands out as the category leader, demonstrated by their impressive growth trajectory,' said GV Ravishankar, managing director at Peak XV launching in 2022, Alaan has processed over 2.5 million transactions and works with over 1,500 finance teams at leading companies such as G42, Careem, Tabby, Lulu Group, Rivoli, and others. The company launched in the Kingdom of Saudi Arabia earlier this year. Duraisamy and Kurien, both previously with McKinsey, launched this startup intending to make expense management simple and digital. The startup uses AI to smooth manual work around reconciliation and processing of transactions and settlement of claims generated by employees of its client organisations. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Can Coforge's ambition to lead the IT Industry become a reality? BlackRock returns, this time with Ambani. Will it be lucky second time? Amazon is making stealthy moves in healthcare, here's why! The trader who blew the whistle on Jane Street Stock Radar: Globus Spirits breaks out from 9-month consolidation; check target & stop loss for long positions Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus These large-caps have 'strong buy' & 'buy' recos and an upside potential of more than 25% Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 36% in 1 year
Economic Times
11-07-2025
- Business
- Economic Times
Time to live the life on the slow lane
'I don't have to do laundry any more.' If that line doesn't reel you in hook, line and sinker, then either you've developed an unhealthy attachment to folding sheets and towels - or you haven't heard what 77-yr-old Californian Sharon Lane has pulled off. She's stitched up the ultimate retirement hack: living full-time on a cruise ship for the next 15 years. No cooking, no cleaning, no laundry. Just endless ocean views, buffet lines and daily on-board course, this floating freedom doesn't come cheap. A cabin aboard the Villa Vie Odyssey costs $129,000 (₹1.1 cr) upfront, with monthly fees of $2,000-3,000 (₹1.71-2.56 lakh). But what you get in return is peace, adventure, and someone else dealing with your towels. And let's be honest - what's really happening on land? Traffic, taxes, and the nightly debate of 'What's for dinner?' While the rest negotiate these chores, Lane will be sitting on the front deck, sipping wine and watching every sunset on the horizon. It's time people think beyond bricks and mortar. If not a cruise, then how about a luxury shikara Airbnb, or a small cruiser gently skirting along India's coastlines, from port to port while sipping on quality Port. Throw in WiFi, fairy lights and dependable air-conditioning, and even millennials will be queueing up in kayaks. You can live life on the slow Lane yourself. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Why this one from 'Dirty Dozen', now in Vedanta fold, is again in a mess The deluge that's cooling oil prices despite the Iran conflict Can Indian IT protect its high valuation as AI takes centre stage? Engine fuel switches or something else? One month on, still no word on what crashed AI 171 As GenAI puts traditional BPO on life support, survival demands a makeover Stock Radar: ITC Hotels hits fresh record high in July – time to buy or book profits? Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus These large- and mid-cap stocks can give more than 24% return in 1 year, according to analysts Suited for the long term, even with headwinds: 8 stocks from healthcare & pharma sectors with upside potential of up to 39%
Economic Times
11-07-2025
- Business
- Economic Times
US to triple visa cost for Indians in 2026; apply now to avoid ₹20,000 hike
Agencies Starting 2026, Indians planning to travel to the United States will have to pay a steep increase in visa fees. A new $250 non-refundable Visa Integrity Fee will apply to all visitor, student, and work visa categories, including the widely used B-1/B-2 tourist visa. The total cost will jump from $185 to nearly $472 (₹40,000).The hike stems from a new law signed by US President Joe Biden on July 4 as part of the One Big Beautiful Bill Act, aimed at strengthening immigration enforcement and visa compliance. What will it cost from 2026? Visa applicants from India will have to pay the following charges from January 1, 2026: $185 – Standard visa application fee (unchanged) – Standard visa application fee (unchanged) $250 – Visa Integrity Fee (new) – Visa Integrity Fee (new) $24 – I-94 arrival/departure form fee – I-94 arrival/departure form fee $13–$30 – Additional costs (like ESTA or EVUS), depending on category Together, the typical B-1/B-2 visa cost will rise from $185 to $472, nearly 2.5 times the present amount. Why is the US adding the Integrity Fee? The Visa Integrity Fee is a mandatory deposit to ensure visitors follow the rules of their visa — including timely departure, no overstay, and no illegal work. It is non-waivable and non-refundable if the traveller violates any rule. US lawmakers have positioned it as a safeguard to maintain trust in the visa system. Funds collected from unrefunded fees will go into the US Treasury. How does this affect Indians? The change will hit Indian travellers the most, as India is one of the largest sources of tourists, students, and tech workers for the US. Visa categories impacted include: B-1/B-2 – Tourist and business visitors – Tourist and business visitors F-1 – Students – Students H-1B – Skilled professionals – Skilled professionals J-1 – Exchange visitors IT companies that sponsor large numbers of H-1B visas may also see rising costs. Apply in 2025 to save up to ₹20,000 Indians who apply for a US visa before December 31, 2025, will avoid the $250 Integrity Fee. The current application fee of $185 (~₹15,600) will continue until the end of 2025. Those who are already planning travel in 2026 are advised to pre-schedule visa appointments and pay the fee in 2025, even if their journey begins later. The fee is locked in at the time of application payment, not travel date. (Join our ETNRI WhatsApp channel for all the latest updates) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Why this one from 'Dirty Dozen', now in Vedanta fold, is again in a mess The deluge that's cooling oil prices despite the Iran conflict Can Indian IT protect its high valuation as AI takes centre stage? Engine fuel switches or something else? One month on, still no word on what crashed AI 171 As GenAI puts traditional BPO on life support, survival demands a makeover Stock Radar: ITC Hotels hits fresh record high in July – time to buy or book profits? Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus These large- and mid-cap stocks can give more than 24% return in 1 year, according to analysts Suited for the long term, even with headwinds: 8 stocks from healthcare & pharma sectors with upside potential of up to 39%
Economic Times
14-05-2025
- Business
- Economic Times
Ireda files insolvency plea against Gensol Engineering over Rs 510 crore default
Stock Radar: TCS in bear grip! This Sensex stock is showing signs of rebound – check target, stop loss for long position
