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Subscribe to enjoy similar stories. The rupee slipping past the ₹90 mark against the US dollar may sound like a problem mainly for travellers heading to the United States. But the reality is broader—and more expensive.

Subscribe to enjoy similar stories. Three-quarters of India’s exports to Mexico are set to face a major setback from 1 January 2026, according to a report released on Friday by Global Trade Research Initiative (GTRI), after the Mexican senate approved steep tariff increases on goods imported from countries that don’t have a free-trade agreement (FTA) with Mexico.

Subscribe to enjoy similar stories. New Delhi: Wine prices in India are set to rise by 25-30% from levels in January after Maharashtra’s grape crop suffered its worst damage in recent years, sharply increasing input costs and reducing production.

The mineral-rich country's main trading partners are the United Arab Emirates, South Africa and China, and its limited exports to the US comprise mainly of tobacco and sugar. «I will direct the Zimbabwean government to implement a suspension of all tariffs levied on goods originating from the United States,» President Emmerson Mnangagwa said in a post on X. This announcement was «intended to facilitate the expansion of American imports within the Zimbabwean market, while simultaneously promoting the growth of Zimbabwean exports destined for the United States,» he said. The total goods trade between the two countries amounted to $111.6 million in 2024, according to US government data.

Keen to move beyond its reputation as a weekend escape for drinkers from dry Gujarat, the administration is exploring a dramatic shift: a plan to lease out the 16th-century Portuguese-built Diu Fort for destination weddings and rebranding the beach town as a family-friendly retreat. “Diu will soon be Goa minus the casino and nightlife,” Diu collector Rahul Dev Boora told ET. “Both Diu and Goa share a Portuguese legacy, but for tourists seeking a family getaway, Diu will always have the edge.”

Vietnam’s Tourism Advisory Board (TAB) has proposed a long-term visa program to the government to maintain its lead in Southeast Asia’s fast-evolving travel market. The recommendations, submitted to Prime Minister Pham Minh Chinh, include a “golden visa” valid for five to ten years to compete with Thailand, Malaysia, and Indonesia—countries that already offer such schemes to long-stay travellers, Báo Văn Hóa reported. The proposal comes at a time when Vietnam has regained 98% of its pre-pandemic tourism levels, making it the fastest-recovering destination in the region. In 2024, the country welcomed 17.5 million international visitors, overtaking Singapore and trailing only Malaysia and Thailand. The advisory board also suggested introducing a 10-year investor visa with the possibility of permanent residency after five years, and a five-year talent visa with a simplified renewal process, as reported by Thanh Nien newspaper. These programs could be piloted in key tourism hubs like Phu Quoc, Ho Chi Minh City, Hanoi, and Da Nang.

Brewers' Association of India (BAI) said in a letter to the state government. Taxes on beer have been increased three times in the last 18 months — in July 2023, February 2024, and January 2025, and as a result, the growth in sales of beer in the state, which has always been healthy, has «slumped to stagnation», it said. «After the third tax increase in January 2025, beer sales have actually started contracting for the first time,» said a letter by BAI Director-General Vinod Giri.

BEIJING — China's reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, according to analysts based in Greater China.

Liverpool fans erupted with excitement this week when Mohamed Salah appeared with club garments and a TV production crew. Fans rapidly speculated about the situation because many believed the team might finally reveal an extended contract for Salah. The current reports show that Liverpool fans were wrong about the situation unfolding.

Tom Holland’s fans have much reason to cheer as the actor is set to reprise his role as Peter Parker/Spider-Man next year. The title of the fourth part of the franchise, Spider-Man: Brand New Day, was announced at CinemaCon on April 1. While everyone is waiting for the next part of Marvel Cinematic Universe’s Spider-Man movies, there are very few details available about Brand New Day. The movie will be released on July 31 next year. The secrecy around the film has prompted director Destin Daniel Cretton to not confirm even the cast of Spider-man: Brand New Day. While Zendaya and Jacob Batalon are expected to reprise their roles as MJ and Ned, there is little clarity on the rest of the characters. Sadie Sink was reportedly cast in an unspecified role. With the title announcement of Spider-Man 4, there are several theories around what role the actress could play.

Renuka Chowdhury on Wednesday moved suspension of Business Notice in Rajya Sabha to discuss the impact of US Tariffs on India which are slated to come in effect from today. Expressing concern over the tariff, Renuka Chowdhury moved the notice to discuss India's policy to counter the impact on economy.

Third-party logistics services provider Om Freight Forwarders Ltd has filed draft papers with capital market regulator Sebi to raise funds through an initial public offering (IPO). The IPO involves a fresh issuance of shares worth Rs 25 crore with an offer for sale of up to 72.50 lakh equity shares by the promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Monday. Proceeds from its fresh issuance to the extent of Rs 16.64 crore will be used funding of the capital expenditure requirements of the company related to the acquisition of commercial vehicles and heavy equipment, and a portion will be utilised for general corporate purposes.

Manglam Group will invest INR 1,000 crore over the next five years to expand its hospitality business in Rajasthan to cater to rising demand for premium hotels. Jaipur-based Manglam Group has already developed 'Westin Jaipur Resort', a 150-room luxury property on the Delhi-Jaipur Highway. The property will soon open to the public. To expand its hospitality business, the company plans to invest INR 1,000 crore over the next five years. In a statement on Monday, Manglam Group said it has started work on its second hospitality project in Jaipur comprising about 200 rooms. This new hotel will be a part of a mixed-use development in Jagatpura and will be managed by a global brand.

Subscribe to enjoy similar stories. Global hotel brands are making a beeline for India, signing a flurry of deals with local property owners to expand in one of the world's fastest growing hospitality markets.

homestay policy to ensure adequate incentives for hosts and aggregators, bring in transparent regulations and introduce measures to protect the interests of both tourists and homeowners. The move will help formalise the informal sector and make it world-class as the government aims to develop India into the most preferred tourist destination with focus on niche tourism, eco-tourism and wellness tourism, said officials. The revised policy could see fiscal incentives for homeowners and aggregators, a robust verification and monitoring mechanism and comprehensive standards with a bigger range of classification of homestays to enhance the overall experience, they said.

GMR Airports has said that regulator AERA has accepted various principles of variable tariff plan for the Delhi airport and that the existing aeronautical tariff has been increased around 148 per cent for the fourth control period ending March 31, 2029. The Airports Economic Regulatory Authority (AERA) has approved higher and variable user development fees for economy and business class travellers while the User Development Fee (UDF) has been left unchanged for domestic passengers. The UDF for international passengers has been hiked. The revised tariffs for the fourth control period — April 1, 2024 to March 31, 2029 — will be applicable from April 16, 2025. GMR Airports has said AERA has accepted various principles of variable tariff plan as proposed by the Delhi airport and accordingly, UDF has been split across both embarking and disembarking passengers.

Iyanu: Child of Wonder finally has a release date. The show, based on a graphic novel by Roye Okupe, is set to debut on Cartoon Network and Max in April.

In terms of data centre construction cost, India recorded one of the highest increases in the Asia Pacific (APAC) region, rising by 5% in 2024 due to increasing land prices, power infrastructure demand, and high-spec, AI-ready facilities, said the real estate services firm. Despite this, the country remains a competitive investment destination compared with mature markets like Japan and Australia, it said.

Lakshmi Mittal is weighing the possibility of leaving the UK following the government’s decision to end tax benefits for non-domiciled residents. If he proceeds with this move, he will be among the wealthiest entrepreneurs to leave due to tax reforms. According to a Financial Times report, Mittal, who has lived in the UK for nearly 30 years, is assessing his options in response to the Labour government's decision to abolish the «non-dom» tax regime. This policy allowed certain UK residents to avoid taxes on foreign income and gains. “He is exploring his options and will take a final decision over the course of this year,” said a close associate. “There is a good chance he will cease to be a UK tax resident.” The billionaire and his family ranked seventh on the Sunday Times list of Britain's wealthiest individuals last year, with an estimated fortune of £14.9 billion. He owns multiple properties across Europe, the US, and Asia, including a chalet in St Moritz, Switzerland, and has recently been investing in Dubai real estate.

Subscribe to enjoy similar stories. One in every five ultra-high net worth individuals in India is either in the process of migrating overseas or plans to, according to a survey by Kotak Private Banking, a unit of Kotak Mahindra Bank. Its study found a higher propensity to migrate among professionals than entrepreneurs or those who inherited their wealth.