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Tour operators also offer credit card loans for those who have not saved for a holiday. The money can be repaid post the travel in equated monthly installments and the interest rates are typically 12 to 18 per cent.

Airfares, hotel rates forecast to increase in 2020

Unlike the global travel industry scenario, India's strong economic growth is fueling a greater demand for business...

1 Aug 2019 1:14 AM IST