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Asia-Pacific markets were largely higher Tuesday even as stocks on Wall Street stumbled, with the Dow Jones Industrial Average snapping an eight-day winning streak. Investors in Asia assessed India's inflation numbers. Data released Monday showed consumer price index climbed 4.83% year on year, nearly in line with the 4.8% expected by economists polled by Reuters. India's wholesale inflation reading is due to be released later in the day. Data from the Bank of Japan showed that corporate inflation was steady in April compared with a year earlier, but import prices jumped 6.4% year over year last month, most likely due to the yen's sharp declines.

Organizations: Dow Jones, Reuters, Bank of Japan Locations: Jama, New Delhi, India, Asia, Pacific

☆ Asia markets extend gains ahead of business activity figures from around the region
▼ + stars: | 2024-04-23 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Nurphoto | Nurphoto | Getty ImagesAsia-Pacific markets extended gains from Monday as tech shares rebounded on Wall Street and investors look toward flash business activity figures from Australia, Japan and India. Figures from S&P Global show that Australia's composite purchasing managers index hit a two-year high, coming in at 53.6 against March's 53.3. Japan and India's PMI numbers will be released later Tuesday. Japan's Nikkei 225 popped 0.8% at the open, while the broad based Topix was up 0.66%. Futures for Hong Kong's Hang Seng index stood at 16,681, pointing to a weaker open compared to the HSI's close of 16,511.69.

Persons: Kospi Organizations: Nurphoto, Getty, March's, PMI, Nikkei Locations: Jama, New Delhi, India, Asia, Pacific, Australia, Japan

☆ Where to stay in India? Here are 8 former palaces that are now hotels
▼ + stars: | 2023-09-08 | by ( Poonam Binayak | Lisa Lucas | ) www.cnbc.com time to read: +7 min

Source: Heritage DharampuraIt's now a 14-room boutique hotel, which received an honorable mention in 2017's UNESCO Asia-Pacific Awards for Cultural Heritage Conservation. It was transformed into a heritage hotel in the 1960s and is now impeccably managed by the Taj Group. Taj Lake Palace Source: Taj Lake PalaceStraight out of a fairy tale, the Taj Lake Palace boasts domed pavilions, ornamental turrets, crystal chandeliers, and 83 antique-filled rooms and suites, some which overlook a gleaming courtyard that hosts nightly folk dances. Source: Taj Usha Kiran PalaceToday, it's a lavish Taj hotel that balances old-world vibes with contemporary style. It is now a heritage hotel managed by the Taj Group.

Persons: Jehan Numa, Jehan, Palace, General Obaidullah Khan, Vijay Goel, James Bond, Taj Falaknuma, —, Taj Usha Kiran, it's, King Charles , Louis Mountbatten, Jacqueline Kennedy, Bhanj Deo, There's Organizations: UNESCO, Cultural Heritage Conservation, Taj, Taj Group, Royal, Rambagh, Jaipur, Cochin — Locations: India, Odisha, Rajasthan, Bhopal, Dharampura, Delhi, UNESCO Asia, Jama Masjid, Old Delhi, Udaipur, Pichola, Mewar, Taj Lake, Lake, lavishness, Falaknuma, Nizam, Hyderabad, Windsor, Gwalior, Rambagh, Jaipur, Baripada, Chittoor Kottaram, Kochi, Chittoor, —, Cochin

REUTERS/Adnan Abidi/File Photo Acquire Licensing RightsCompanies Coal India Ltd FollowSINGAPORE, Sept 4 (Reuters) - India has stepped up the use of coal to generate electricity in a bid to stop outages caused by lower hydroelectricity output, and as an increase in renewables is struggling to keep pace with record power demand. Demand typically peaks in May, when Indians crank up air-conditioners to beat the heat, and industries operate without rain-related disruptions. Coal's share in power output rose to 66.7% in August - the highest for the month in six years, according to a Reuters analysis of government data. The government has repeatedly defended the use of coal citing lower per capita emissions compared with richer nations, and rising renewable energy output. India's peak demand - the maximum capacity required during any time of the day - rose to a record 243.9 gigawatts (GW) on Aug. 31, the Grid India data showed, exceeding available capacity by 7.3 GW.

Persons: Adnan Abidi, Sudarshan, Robert Birsel Organizations: REUTERS, Companies Coal India, India, Grid, Thomson Locations: Delhi, India, China

☆ India's growth is set to power ahead. Analyst names sectors with the 'best value'
▼ + stars: | 2023-06-14 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Birds flying over the corridor of the Jama Masjid at sunrise in New Delhi on October 27, 2016. India's growth is looking like a "bright spot" as the country's outsourcing sector remains robust on top of an increasing trend of tech companies moving their manufacturing lines to the country, according to the CEO of Destination Wealth Management. The International Monetary Fund recently released its forecast for India's economy to expand by 5.9% in 2023. A large part of this is driven by India's outsourcing sector being on pace to keep its momentum, said the CEO. Many companies are opting to outsource software development projects to India for quality at reasonable costs, according to Krina Mehta, a co-founder of U.S.-based offshore software development company Fortune Infosys.

Persons: Michael Yoshikami, he's, Krina Mehta, Yoshikami Organizations: Destination Wealth Management, Monetary Fund, U.S, Fortune Infosys Locations: Jama, New Delhi, India

☆ (foto) Proiectul „Follow me” a revenit cu noi fotografii spectaculoase din India
▼ + stars: | 2015-05-12 | by ( Onixmedia Srl | ) diez.md time to read: +1 min

Îi mai țineți minte pe Murad Osmann și iubita lui Natalia Zakharova, autorii proiectului Follow me - cel în care Murad se lasă plimbat prin toată lumea, de mână, de către iubita sa? It is the largest mosque in India and its scope amazes you. There is a very loud market surrounding it and yet with every step as you walk inside you become more and more peaceful and relaxed. It is hard to explain the emotions that you feel the first time you see the Taj Mahal through the entrance doors. A photo posted by Murad Osmann (@muradosmann) on Mar 11, 2015 at 10:03am PDT

Persons: Murad Osmann și, Natalia Zakharova, Murad, de mână, Albumul, Murad continuă să, meserie, Murad Osmann, postate, Taj Locations: India, jos, Jama, New Delhi, Varanasi

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