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News Headlines-14/10/21

 News Headlines-

1.The Quadrilateral Security Dialogue or Quad comprising Australia, India, Japan and the United States (US) initially sought to address non-traditional security challenges in the backdrop of the Indian Ocean tsunami of 2004. The present Quad engagement reflects ‘informal’ arrangement of these states with a scope of further expansion of actors as well as areas of cooperation.-hindustantimes.com

2.Effective November, the US will no longer impose a travel ban on Indians who are fully vaccinated. Indians, among other world travellers from Europe, Brazil, and South Africa, will be allowed hassle-free entry into the US. A negative RT-PCR test taken 72 hours before the start of travel will still be required.-thehindubusinessline.com

3.India and Armenia have discussed the possibility of using Iran’s Chabahar port to enhance connectivity between the two countries to boost trade and commerce, external affairs minister S Jaishankar said on Wednesday.Jaishankar is the first Indian foreign minister to visit Armenia since the two countries established diplomatic relations in 1992.-hindustantimes.com

4.The Indian economy that was hit hard by the COVID-19 pandemic is now in recovery mode and the World Bank welcomes that, its president David Malpass said on Wednesday.Malpass also said that India, which faces huge challenges of integrating more people into the formal sector economy and raising the earnings of the people, has made some progress but that's not enough.-moneycontrol.com

5.A landmark event marking a milestone for the infrastructural landscape of India, Prime Minister Narendra Modi on Wednesday launched the ‘PM GatiShakti - National Master Plan’ for multi-modal connectivity to economic zones in the country. The plan is an important part of Prime Minister Modi's ‘Aatmanirbhar Bharat’ (self-dependent India) vision.-hindustantimes.com

6.Bharat Biotech's coronavirus vaccine Covaxin is likely to be approved by the World Health Organisation soon, top health ministry sources have told NDTV. The indigenously developed vaccine is yet to receive the Emergency Use Authorisation from the World Health Organisation.-ndtv.com

7.Institutions such as United Nations, World Bank and International Monetary Fund need to be urgently reformed as they no longer speak for countries whose issues have remained unattended to for decades, Finance Minister Nirmala Sitharaman said.All these organizations will have to look at reforming themselves, she said here at Harvard Kennedy School on Tuesday.-moneycontrol.com

8.SOTC Travel Ltd, have signed a three-year agreement with Air Arabia. The partnership will deliver on a range of customisable air-inclusive holidays via a technology platform. The partnership expands Thomas Cook India and SOTC’s reach with access to Air Arabia’s customer base in India and provides marketing investment to accelerate demand by targeting a range of India’s travel segments – across families, couples, millennials, groups of friends, seniors and B-leisure customers.-bwhotelier.com

9.With international tourism opening up in India slowly, it is time the government took a look at how to get various promotional and marketing activities back on track.The tourism industry reached out to the ministry of tourism for the reactivation of its various overseas promotional initiatives.-hospitalityworld.com

10.Shares of Indian Hotels Company Ltd. (IHCL), which operates the Taj Group of Hotels, rose 6 percent to an all-time high of Rs 218.90 on the BSE on Tuesday. Hotel stocks are in focus as the industry reports a rapid recovery in room occupancies ahead of the festive season.-BusinessToday.in

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