Ayodhya, the sacred city revered by millions, is set to receive a significant tourism push with the unveiling of a luxurious five-star hotel project by online travel company EaseMyTrip. The announcement comes amidst a surge in pilgrim footfall, with devotees flocking to the city daily to offer prayers at the revered Ram temple.

SpiceJet, a prominent low-cost carrier in India, has initiated workforce reduction measures aimed at saving 1 billion rupees ($12 million) annually as part of its turnaround and cost-cutting strategy. The airline's decision comes following fund infusion efforts aimed at reviving its grounded planes amidst financial challenges.

The latest government data reveals a notable decline in retail inflation, easing to a three-month low of 5.10% in January. This downturn is primarily attributed to reduced food prices, according to official statistics released on Monday.