Archive for: India

Mangalyaan: History-making Mission to Mars

Mangalyaan: History-making Mission to Mars

There is often a thin line between success and failure that tends to overlap one another. In case, of India’s maiden Mission to Mars (MOM) via the unmanned rocket – aptly named – Mangalyaan, there were no lines crossed between success and failure, with the former absolutely thumping the latter. […]

 
 

Mars Mission – Cheaper than an Oscar-Winning Movie

Mars Mission – Cheaper than an Oscar-Winning Movie

Indian scientists exult over the first ever maiden successful mars mission costing lesser than the Oscar-winning movie “Gravity” about astronauts stranded in space.  INDIA’S MOM India’s population of 1.2 billion is celebrating the scientists of the space agency, Indian Space Research Organisation (ISRO) who registered India’s name among the elite […]

 
 

Saudis tops list of GCC investors purchasing Dubai Property

Saudis tops list of GCC investors purchasing Dubai Property

Knight Frank, the leading independent global property consultancy, today announces its Autumn 2014: Dubai Residential Insight Report. Indians were the biggest spenders, investing close to AED 10.5 billion in the emirate Among GCC nations, Saudis dominated the real estate investment activity in the emirate spending AED 3.4 billion According to […]

 
 

How the power shift in Delhi will impact UAE – India relationship

How the power shift in Delhi will impact UAE – India relationship

An analysis on the different dimensions of possible enhancement of relationship between UAE and India due to the recent power shift in India. Couple of weeks back in India, the incumbent Congress has been ousted by Bhartiya Janata Party (BJP). The BJP has got the majority in the parliament on […]

 
 

The Future of Aviation Sector: the UAE and BRICS Strategic Alliance

The Future of Aviation Sector: the UAE and BRICS Strategic Alliance

The aviation and aeronautics domain is one that countries look to solidify as a mark of their proclaiming their presence in the biggest of economic stages in the world. Predominantly the most developed countries in the world are regarded to be pioneering leaders in the aviation sector, creating unprecedented commercial […]

 
 

Stimulus to Dubai Medical Tourism: DHA Unveils New Healthcare Initiative

Stimulus to Dubai Medical Tourism: DHA Unveils New Healthcare Initiative

DHA has come up with an innovative plan to step up Dubai medical tourism sector. Dubai attracts millions of tourists from all over the world who come to see the fusion of modernity and traditionalism that prevails all over the region. But there are various dimensions to the tourism aspect […]

 
 

IPL Schedule Released: UAE to Host 60% of Matches

IPL Schedule Released: UAE to Host 60% of Matches

IPL Schedule Released: India, UAE and Bangladesh will host IPL-7 due to national elections being conducted in India in May Shrouded in controversies as it is, the Indian Premier League still gives its fans some reasons cheer every now and then. The latest bit of cheerfulness about the League is […]

 
 

Gold Demand Soars in Asia: WGC Expects Positive Trends to Continue

Extraction and production of the precious yellow metal gold by Turkey has increased by 43% to 24.4 tonnes in 2011 compared from a year ago. Photo - Reuters

Gold – the yellow metal that’s as priceless as the word can imply. Everyone wants to own gold, wants to buy it as an investment for the future. But not many do manage to invest in gold thanks to its ever-increasing prices. And the ones who do are quite careful […]

 
 

Commerce Activities in Dubai Surge: Brighter Times Await in the Horizon

Commerce Activities in Dubai Surge: Brighter Times Await in the Horizon

Dubai’s economy is bouncing back with latest trade figures revealing that Dubai’s trade grew exponentially to over 1.32 trillion dirhams (about US$ 362 million) in 2013, leading to a growth of about 7.6%. Regarded to be one of the richest regions in the oil-laden Middle East, the UAE and in […]

 
 

Jet Etihad Airways’ strategic alliance troubled by newer speed bumps

Jet Etihad Airways’ strategic alliance troubled by newer speed bumps

Jet Etihad deal encounters yet another problem with reports emerging about envoy intervention in the passing of the deal The strategic alliance between India’s leading airline operator Jet Airways and Abu Dhabi’s premier aircraft services, Etihad Airways was touted to be the revolution to spark the entire Indian aviation sector. […]

 
 

India offers visas on arrival to 180 countries including UAE and GCC

India offers visas on arrival to 180 countries including UAE and GCC

India is gearing up to offer visas on arrival for national from 180 countries including the UAE and other GCC nations like Saudi Arabia, Oman and Qatar. India is now offering visas on arrival to passport holders from 180 countries including GCC nationals from the UAE, Saudi Arabia, Oman, Qatar, […]

 
 

Is the worst over for the Indian Rupee?

Is the worst over for the Indian Rupee?

It seems the Indian rupee is still susceptible to volatile price swings — first seen in the 1990’s — and that vulnerability was recently exposed when the rupee fell to an all-time low of nearly 70 rupees per dollar. The exposure of the rupee to international markets seems to have […]

 
 

India, the world’s third-largest Internet user

India, the world’s third-largest Internet user

Home to a large young and educated population, India has surged past Japan to have the world’s third largest online population. The recent 2013 India Digital Future in Focus report by ComScore highlights that Indians have continued to embrace digital technology despite facing severe infrastructure problems. The country has achieved […]

 
 

India and Oman explore B2B opportunities

India and Oman explore B2B opportunities

India and Oman explore B2B links. India, with an estimated GDP CAGR of over 14.46% by the year 2017, is easily one of the fastest growing economies in the world. Attempting to further its growth, India needs to focus on effectively expanding and managing its supply chain, but also exploring global […]

 
 

When America Leads From Behind

When America Leads From Behind

After a long busy day, many people search the web or switch on their cable television, to know what is coming about in this uncertain world. On every international news channel and portal website, they see guiltless people being deliberately harmed, tortured or killed, every day. Around the world, from […]

 
 

The Persistent Demand of All Arab People

The Persistent Demand of All Arab People

Most foreign residents who happen to live or work in the Arab region are accustomed to hear the majority of Arab nationals and expatriates complaining about the living conditions and socio-political situations of their native countries. Nowadays, Arabs tend to be freer to express their frustration and condemnation of the […]

 
 

Asia set to become World’s Powerhouse by 2030: US Intelligence Report

Asia set to become World’s Powerhouse by 2030: US Intelligence Report

In its latest report “Global Trends 2030: Alternative Worlds” issued by the National Intelligence Council, an analytical arm of the U.S. government’s Office of the Director of National Intelligence says that China’s economy is likely to surpass the United States in less than two decades while Asia will overtake North […]

 
 

Interview with Pankaj Chaddah – Co-founder Zomato.com

Deepinder Goyal (right) with Pankaj Chaddah (left) - founder and co-founder of zomato.com. Photo provided

Zomato was founded in July 2008 by IIT Delhi alumni and has expanded its services over a span of 4 years to 16 cities across India and the UAE. The website has become Asia’s largest restaurant and nightlife guide with listings of over 48,000 restaurants. The Delhi-based restaurant info and review website […]

 
 

Etihad Airways eyeing opportunities in India, Asia

Etihad Airways eyeing opportunities in India, Asia

Etihad Airways, which has been aggressively expanding on a global level through stake purchases in firms like Air Berlin and Virgin Australia, announced on Sunday it is set to extend its geographical reach to India and other Asian markets. Abu Dhabi’s flag carrier is competing with regional rivals like Emirates […]

 
 

FDI Reforms to Boost Retail, Airlines, Banks and Property Sectors in India

IndusView, Sunday September 16 (London): The Indian Prime Minister introduced long awaited reforms on Friday allowing foreign direct investments (FDI) in multi-branded retail and aviation sectors that should boost Indian retail, airline, banking and property industries. In the biggest economic policy push in eight years, more than halfway through Prime Minister […]

 
 

Middle East Business News Review – 6 September

Middle East Business News Review – 6 September

Today’s top business news from the Middle East and North Africa: Dubai’s posts record H1 trade figures Dubai’s non-oil foreign trade hit a record AED602 billion ($163.9 bn) during the first half of 2012, registering a 12% increase compared to the same period last year. Dubai’s trade totalled AED 537 billion during the first […]

 
 

Middle East Business News Review – 10 July

Middle East Business News Review – 10 July

Middle East Business News Review – A look at today’s important financial news and business updates from the Gulf, Levant and North Africa: Cathay heals Airbus’ Etihad cancellation heartbreak with $4.2bn order Cathay Pacific announced on Tuesday it planned to place an order worth up to $4.2 billion at list […]

 
 

India state-run insurers to provide cover to Iran oil imports

India state-run insurers to provide cover to Iran oil imports

New Delhi allowed its state-run insurers to provide limited cover to Indian ships transporting Iranian oil, paving way for refiners to receive uninterrupted supplies from Tehran. India’s Insurance and Regulatory and Development Authority (IIRDA) announced state-run insurers can replace their European counterparts, enabling at least Shipping Corp Of India to […]

 
 

A Photo Journey Of The Ladakh Trail

A Photo Journey Of The Ladakh Trail

“The real voyage of discovery consists not in seeking new landscapes but in having new eyes.” ~ Marcel Proust Time and space bear no relevance, in the midst of such majestic imposing grace. These endless monuments of nature, bear the epiteths of the beginning of life as we know it. From […]

 
 

Middle East Business News Review – 5 July

Middle East Business News Review – 5 July

Middle East Business News Review – A look at today’s important financial news and business updates from the Gulf, Levant and North Africa: Shard opened by Qatari PM, Duke of York Europe’s tallest building has been officially unveiled in central London by the prime minister and minister of foreign affairs […]

 
 

Swiss rejects EU oil sanctions on Iran, India circumvents ban through Tehran tankers

Swiss rejects EU oil sanctions on Iran, India circumvents ban through Tehran tankers

Switzerland announced on Thursday it will not follow European Union sanctions on Tehran and carry on trading Iranian oil for “foreign policy reasons”. Reports said Switzerland is one of the top hubs for physical oil trading and hosts a branch of the National Iranian Oil Company NICO. However, it does […]

 
 

India telecoms tribunal delivers split verdict on 3G roaming pacts

India telecoms tribunal delivers split verdict on 3G roaming pacts

India’s telecoms tribunal delivered a split ruling Tuesday on a challenge by mobile phone operators to a government ban on forming roaming pacts to provide 3G services outside their licensed zones. The Telecom Dispute Settlement and Appelate Tribunal (TDSAT) had sanctioned the strength of three people including the Chairman. But […]

 
 

Middle East Business News Review – 26 June

Middle East Business News Review – 26 June

Middle East Business News Review – A look at today’s important financial news and business updates from the Gulf, Levant and North Africa regions of the Middle East: Qatar Telecom interested in $1.9 billion Wataniya stake Qatar Telecom (QTEL) has expressed its interest in buying a stake valued at about […]

 
 

Dubai posts 6.6% foreign trade growth rate in Q1 2012

Dubai posts 6.6% foreign trade growth rate in Q1 2012

Dubai posted a 6.6% growth during the first quarter of 2012 in its non-oil foreign trade, amounting to over AED 298.1 billion ($81.85bn), compared to AED 279.7 billion ($76.14bn) during the first quarter of last year, statistics released by Dubai Customs revealed. Dubai Custom’s top official said the growth of emirate’s […]

 
 

Indian rupee hits record lows

Indian rupee hits record lows

The Indian rupee hit its record lowest of Rs 56.57 against the US dollar on Thursday. Rupee’s previous record low was 56.52 on 31 May this year. Indian Rupee has been on a freefall for various reasons and the latest being the US Fed slashing growth forecasts for the ailing economy. On […]

 
 

Middle East Business News Review – 20 June

Middle East Business News Review – 20 June

Middle East Business News Review – A look at today’s important financial news and business updates from the Middle East and North Africa region: Kuwait court dissolves newly elected parliament day after suspension Kuwait’s constitutional court ruled on Wednesday the country’s Islamist-dominated parliament was elected unconstitutionally and restored the previous […]

 
 

Japan, China seek ways to keep importing Iran oil ahead of EU ban

Japan, China seek ways to keep importing Iran oil ahead of EU ban

Iran received a massive boost on Wednesday when two of its Asia’s four top buyers said they will keep importing crude by finding out ways around an EU ban on insuring tankers carrying Tehran’s oil. The Japanese parliament has approved plans that will allow the government to provide insurance cover. […]

 
 

Middle East Business News Review – 7 June

Middle East Business News Review – 7 June

A look at today’s important financial news and business updates from the Middle East region: 4 GCC states among top 10 world millionaire household countries Four GCC countries have been ranked in the top 10 worldwide list of millionaire households, reflecting the growth in private financial wealth in the MENA […]

 
 

India eyes petrodollars investment through Gulf roadshows

India eyes petrodollars investment through Gulf roadshows

India has announced plans to hold roadshows next week in five Gulf countries in a bid to attract sovereign funds and other investors to help revive faltering Asia’s third largest economy. The Indian economy was rapidly expanding at more than 9% per annum before the 2008 global financial crisis. However, […]

 
 

India loses $10.8bn annually due to traffic congestion – study

India loses $10.8bn annually due to traffic congestion – study

Grappling with the fall of rupee, inflation and political turmoil, there seems to be no abating of crises in India. According to a recent study conducted by the Transport Corporation of India and IIM (Kolkata), India faces a loss of Rs 600bn ($10.8bn) a year due to congestion, slow speed […]

 
 

India’s GDP slips to its lowest in 9 years

India’s GDP slips to its lowest in 9 years

Both domestic and eurozone crisis are taking a toll on India’s gross domestic product (GDP), which dropped 5.3% during the first quarter (Jan-Mar) of 2012. GDP was 6.1% during Q4 of 2011, government data revealed. India’s manufacturing and farm outputs were the most affected sectors of the economy. Manufacturing output […]

 
 

Top 5 reasons for Indian rupee’s freefall

Top 5 reasons for Indian rupee’s freefall

The Indian rupee has been in the news recently for all the wrong reasons. Over the past few weeks, the rupee’s value has fallen considerably. As of today, a US dollar will fetch you 54.4250 Indian rupees. Singapore-based investment firm CLSA is predicting the Indian rupee will go as low as Rs58 […]

 
 

World’s Largest Solar Park Opened in India

World’s Largest Solar Park Opened in India

India is now home to the world’s largest solar park. China’s 200 megawatt Golmud Solar Park previously held the record of the world’s largest solar park. The 214MW capacity photovoltaic solar park was completed at the cost of $2.3 billion. Currently, the largest single location plant in the world, it […]

 
 

Middle East Business News Review – 24 Apr

Middle East Business News Review – 24 Apr

A look at today’s important financial news and business updates from the Middle East region: Dubai govt. direct debt registers significant drop A Dubai government’s bond prospectus suggested its direct debt dipped 1.6% at the end of March from May last year to AED113.6bn ($31bn). Outstanding government debt, excluding that owed […]

 
 

India to buy more LNG from Qatar

India to buy more LNG from Qatar

India says it would like to increase its import of liquefied natural gas (LNG) from Qatar, Qatar’s English language daily reported on Tuesday. Speaking in Doha Monday, India’s minister for commerce, industry and textiles, said New Delhi wants to purchase 15m tonnes of LNG annually from the Gulf state. “Qatar is […]

 
 
 
 
 

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