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Happy Thursday Welcome back to The Niyo Pulse!
Today marks a massive shift in how we enter Europe and a âpowder alertâ for travelers heading East. Grab your coffee; here is whatâs moving in the world of travel and finance today.
1. Europe Goes Paperless: Digital Schengen Visa Rollout
Today, January 15, marks the official start of the Schengen Digital Visa phase-one rollout.
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Whatâs New: The EU is finally moving away from physical visa stickers. While first-time applicants still need to visit a center for biometrics, frequent travelers can now apply, pay, and receive their visa as a digital 2D barcode on their smartphones.
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The Goal: To eliminate the âsticker shortageâ delays seen in 2025 and make renewals as easy as booking a movie ticket.
2. Aviation: Japanâs Winter âPowderâ Surge
Japan is seeing record-breaking tourism numbers this week, but it comes with a price.
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The News: As of today, major resorts in Niseko and Hakuba have reported a 15% increase in international visitors compared to last year.
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Budget Alert: Be aware that Japanâs plan to triple its departure tax (rising to „3,000) and introduce the JESTA pre-screening system is nearing final implementation. If youâre planning a ski trip, booking your return flights before the July fee hikes is a pro-move.
3. Finance: INR Stability Amidst Global Tensions
The Rupee is holding steady today despite a volatile opening in the Asian markets.
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The Rates: The INR is hovering around 89.50 against the USD and 98.20 against the Euro.
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Travelerâs Note: With the US announcing new immigrant visa suspensions for 75 nations today, the dollar is seeing some âsafe-havenâ buying. If you have a trip coming up in Q2, locking in your Forex on your Niyo card today might save you from end-of-month fluctuations.
4. Global Bites
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Middle East Growth: The ATM 2026 Report released today in Dubai predicts outbound travel spend from the region will hit $60 billion. This means more luxury flight routes and better connectivity for Indian travelers transiting through DXB and AUH.
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Winter Festivals: Itâs âFestival Seasonâ globally! From the Venice Carnival preparations to the Sapporo Snow Festival, if you arenât booked yet, look for âshoulder-dateâ flights on the 18th or 19th of Jan for the best rates.
Pulse Tip of the Day: Air India and Indigo have issued advisories today regarding rerouting due to Middle Eastern airspace closures. If youâre flying to Europe or the US today, check your flight status 4 hours before departure as flight times may be 45â60 minutes longer than usual.
Safe travels and smart spending!
