Consultants and service providers are urging the government to avoid routing domestic deals involving foreign currencies, such as dollars, ...

A U.S. nuclear sub, USS Missouri (SSN-780), docks in Busan after the U.S.-South Korea Nuclear Consultative Group meeting. Both nations affi...

The US and South Korea aim to establish joint nuclear defense guidelines by mid-next year, crafting strategies to counter North Korea's nuc...

A transaction fee is currently levied on transactions in US dollars done from one exchange earners foreign currency account to another with...

The representatives from the three countries "urged the DPRK to stop all destabilising activities immediately" and "reaffirmed that a DPRK ...

The decision to postpone the test flight of an unarmed Minuteman III intercontinental ballistic missile this week comes as China's People's...

US sanctions on Venezuela suddenly halted its crude exports to the United States last month.

Movenpick is a premier business hotel world over, based on a Swiss hospitality theme. In India, it positioned itself as a five-star.

Global chains seek to widen their presence to strengthen negotiating position with online travel agencies and take on new-age disruptors su...

Rising commercial activity and the international airport plan gathering momentum have led to Navi Mumbai emerging as the next stop for hote...

While a luxury hotel costs at least Rs 1 crore per room, a mid-market brand can be constructed for around Rs 30-35 lakh per room.

Several star hotels have been rebranded without too much notice in the past year alone, leaving guests and the trade confused.

The trend signals the growing disconnect between hotel owners and hotel managers over the running of operations and expected returns on inv...

Hotel chains, both global and Indian, are increasingly opting for management contracts rather than to invest in properties in the country.

India’s hospitality industry has witnessed three deals in the mid-market and budget hotels category in the last one year, signalling the em...

Travel aficionados appear to have strong allegiance to their favourite hotel brands, as they claim longer associations with hotel loyalty p...

The move is aimed saving time and cost of transporting goods on highways by introducing online system to verify vehicle details and check i...