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Hilton Expands in Hyderabad with New Hilton Garden Inn Kompally Opening in 2028

Hilton Expands in Hyderabad with New Hilton Garden Inn Kompally Opening in 2028

Hilton Expands in Hyderabad with New Hilton Garden Inn Kompally Opening in 2028

Inside the Member Collaboration Driving the Indo-Pacific Economic Framework

Inside the Member Collaboration Driving the Indo-Pacific Economic Framework

The Indo-Pacific Economic Framework for Prosperity (IPEF) is a strategic initiative launched by the United States in 2022, aimed at countering Chin...

Bikaji Foods International Expands in US with New Manufacturing Plant Investment

Bikaji Foods International Expands in US with New Manufacturing Plant Investment

Bikaji Foods International Expands in US with New Manufacturing Plant Investment

Marriott International Expands Series by Marriott with 75 Signings and 50 Openings in India

Marriott International Expands Series by Marriott with 75 Signings and 50 Openings in India

Marriott International Expands Series by Marriott with 75 Signings and 50 Openings in India

How IPEF Encourages Collaboration Across the Indo-Pacific Region

How IPEF Encourages Collaboration Across the Indo-Pacific Region

The Indo-Pacific Economic Framework for Prosperity (IPEF) is a collaborative initiative launched by the United States in 2022, bringing together fo...

India's Gold Tariff Increase Impacts Markets and Currency

India's Gold Tariff Increase Impacts Markets and Currency

India has increased its gold import tariffs from 6% to 15% in an effort to reduce overseas purchases and alleviate pressure on its foreign exchange reserves. This policy change has led to significant market reactions, including steep discounts in gold trading within India, where dealers are offering discounts of up to $78 an ounce. The move is part of a broader strategy to stabilize the Indian rupee, which has recently hit an all-time low. Despite the tariff increase, domestic gold and silver prices have risen, reflecting the compounded impact of the currency's depreciation. Analysts suggest that while the tariff hike may cause short-term market distortions, the long-term investment appeal of precious metals remains strong due to ongoing inflation concerns and global economic uncertainties.

Bikaji Foods Expands in US with $5 Million Investment Amid Profit Surge

Bikaji Foods Expands in US with $5 Million Investment Amid Profit Surge

Bikaji Foods Expands in US with $5 Million Investment Amid Profit Surge

Rubio's trip to India signals US need to repair ties

Rubio's trip to India signals US need to repair ties

By Michael Martina, David Brunnstrom, Simon Lewis and Trevor Hunnicutt WASHINGTON, May 22 (Reuters) - U.S.

India's Steel Sector Fuels Self-Reliance and Industrial Growth

India's Steel Sector Fuels Self-Reliance and Industrial Growth

India's steel industry has emerged as a significant driver of the country's industrial growth and self-reliance. As the world's second-largest steel producer since 2018, India has seen its steel consumption more than double over the past 12 years. This growth has been supported by government initiatives to ensure raw material availability, reduce production costs, and enhance access to global markets. The Production Linked Incentive (PLI) scheme has further bolstered the sector, leading to increased production and job creation. The focus is now shifting towards green steel production to reduce carbon emissions, aligning with India's commitment to achieving net zero emissions by 2070.

MSC Elsa 3 Crew Seeks Release from India Amid Legal and Environmental Fallout

MSC Elsa 3 Crew Seeks Release from India Amid Legal and Environmental Fallout

Seven crewmembers of the MSC Elsa 3, which sank off the coast of Kerala, India, in 2025, are seeking the return of their passports and permission to leave the country. The crew, from Russia, Ukraine, Georgia, and the Philippines, argue they are being illegally detained despite cooperating with investigations. The ship's sinking led to significant environmental damage, with ongoing pollution from its cargo. Legal proceedings continue, with claims exceeding $1 billion filed against the vessel's owner and operator.

Heat wave empties roads and markets in north India as some farmers turn to nighttime work

Heat wave empties roads and markets in north India as some farmers turn to nighttime work

A heat wave has gripped large parts of India with roads and markets emptying during afternoons