News for 'gcc-countries'

Will India continue to remain an attractive FDI destination in 2026?

Will India continue to remain an attractive FDI destination in 2026?

Rediff.com27 Dec 2025

FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.

India, Oman to ink free trade agreement during PM Narendra Modi visit

India, Oman to ink free trade agreement during PM Narendra Modi visit

Rediff.com13 Dec 2025

Next week's three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal. The visit will also pave the way for agreements with Ethiopia and Jordan to increase India's bilateral trade and investments.

'Potential Threats To India's Security From Saudi-Pak Pact Are Serious, But Manageable'

'Potential Threats To India's Security From Saudi-Pak Pact Are Serious, But Manageable'

Rediff.com30 Sep 2025

'Saudi-Pak defence pact is to anchor the defence and security of Saudi Arabia and not Pakistan, per se, with Islamabad being the junior partner.'

'Saudi Arabia Won't Align With Pakistan Against India'

'Saudi Arabia Won't Align With Pakistan Against India'

Rediff.com19 Sep 2025

'The background for the Saudi-Pakistan agreement is the fact that the regional security order has collapsed due to the Israeli attack on Doha.' 'The Americans have largely abandoned their security guarantee for West Asia and the region has no choice but to look at alternatives.'

India's Foreign Policy Needs Strategic Expansion

India's Foreign Policy Needs Strategic Expansion

Rediff.com12 Aug 2025

The era where nations thrived through rigid alignments is giving way to an age where the connective State defines power. For India, that era has arrived, points out Dr Nishakant Ojha.

'My Conscience Does Not Permit Me To Watch This Match'

'My Conscience Does Not Permit Me To Watch This Match'

Rediff.com30 Jul 2025

'Operation Sindoor is still ongoing. The Prime Minister himself said that blood and water cannot flow together, that talks and terrorism cannot go together. So how can we have a cricket match with a country that indulges in terrorism?'

India in talks with GCC countries to sign free trade pact

India in talks with GCC countries to sign free trade pact

Rediff.com5 Oct 2011

India is in talks with members of the Gulf Cooperation Council (GCC) to conclude a free trade agreement and a framework agreement for the FTA has already been signed, a leading Indian banker in the region has said.

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Lulu IPO ends with 25X oversubscription, becomes largest IPO in UAE this year

Rediff.com7 Nov 2024

Lulu Retail announced on Wednesday that its initial public offering (IPO) was oversubscribed 25 times across all tranches, excluding cornerstone investors, generating demand exceeding $37 billion-a record for a private sector IPO in the United Arab Emirates. The company is controlled by Kerala-based business tycoon MA Yusuff Ali. The final offer price for Lulu shares was set at AED 2.04 per share, raising a total of $1.72 billion (AED 6.32 billion), making it the largest IPO in the UAE in 2024 to date.

MTR owner eyes IPO in 2025

MTR owner eyes IPO in 2025

Rediff.com23 Sep 2024

The Indian arm of the Norwegian investment company Orkla ASA, which owns spice brands like MTR and Eastern, is exploring the possibility of launching an initial public offering (IPO) in 2025, said a top company executive. "The ASA board just cleared the proposal. "We had done a pre-IPO study last year to understand what we need to do and based on that the board said, 'okay, let's go ahead and explore capital markets'," Sanjay Sharma, CEO, Orkla India, told Business Standard.

Minorities account for bulk of India's emigrant population

Minorities account for bulk of India's emigrant population

Rediff.com21 Aug 2024

'Christians, for example, make up 2 per cent of India's population but an estimated 16 per cent of those who were born in India now reside elsewhere,' said Pew.

Sacrifices reap rewards for parents of Olympic shuttlers

Sacrifices reap rewards for parents of Olympic shuttlers

Rediff.com23 Jul 2024

'It was tough financially for the first few years but my friends and family supported me and once he did well at the 2018 Commonwealth Games, there was no looking back.'

Analysts bullish on Nykaa's outlook for beauty and personal care business

Analysts bullish on Nykaa's outlook for beauty and personal care business

Rediff.com26 Jun 2024

FSN E-Commerce Ventures (Nykaa) hosted its annual investor day recently. The responses were positive from analysts. Although some analysts pared FY25 and FY26 estimates, the bulk continued to issue 'buy' calls after the stock rose 2.5 per cent. The management expects the Beauty & Personal Care (BPC) business to grow at a 25 per cent compound annual growth rate (CAGR) during FY24-28.

Future of IT industry: 60K more jobs & revenue of $254 bn

Future of IT industry: 60K more jobs & revenue of $254 bn

Rediff.com16 Feb 2024

The domestic technology industry's revenue is projected to grow 3.8 per cent to $254 billion this fiscal, industry body Nasscom said on Friday and highlighted creation of 60,000 more jobs during this period. The industry had clocked a revenue of $244.6 billion in the same period last year, according to Nasscom's annual strategic review report. Excluding hardware, the revenue is expected to touch $199 billion, a growth of 3.3 per cent over FY23, as per the report.

Properties In Dubai Cheaper Than Suburban Mumbai

Properties In Dubai Cheaper Than Suburban Mumbai

Rediff.com5 Aug 2023

Properties located between Santa Cruz and Andheri in north west Mumbai are currently available at Rs 50,000 to Rs 100,000 per square feet, while in Dubai luxurious, fully furnished, properties are available at Rs 34,000 to Rs 60,000 per square feet of carpet area in the best locations.

Changing Horizons Of The Middle East

Changing Horizons Of The Middle East

Rediff.com3 May 2023

With developments like the Russia-China alliance and the rise of China in the Middle East, India's role has diminished though the India-Israel-US-UAE grouping may assume some importance in the future, observes Ambassador T P Sreenivasan.

India to receive record remittances but experts worry CAD will still widen

India to receive record remittances but experts worry CAD will still widen

Rediff.com30 Dec 2022

Of $90 billion remittances that India is expected to receive in 2022, only $27.4 billion has come in the first half of the year.

Wipro Consumer to launch snack brand, focus on southern markets

Wipro Consumer to launch snack brand, focus on southern markets

Rediff.com20 Apr 2023

Wipro Consumer Care and Lighting on Thursday announced the acquisition of Brahmins - a Kerala-based traditional vegetarian, spice mix and ready-to-cook brand - and it has also drawn up plans to launch its snacks brand targeting the southern market. The company will focus on the southern market and is in the process of launching its own brand in the fast-growing ready-to-eat and snacks segment, Wipro Consumer Care and Lighting and managing director Vineet Agrawal told PTI. He further said Wipro Consumer Care and Lighting would take the acquisition route for expanding in the spices segment.

India, GCC to ink free trade agreement within a year: CII

India, GCC to ink free trade agreement within a year: CII

Rediff.com27 Jun 2012

The Gulf Cooperation Council (GCC) countries and India are expected conclude a free trade agreement for boosting trade within a year, K K M Kutty, former chairman of industry chamber CII (southern region), has said.

Will Anti-Prophet Remarks Hit India's Gulf Trade?

Will Anti-Prophet Remarks Hit India's Gulf Trade?

Rediff.com8 Jun 2022

Some of these nations are India's biggest export market. India is also dependent on these countries to meet its energy needs.

Indonesia, Saudi, UAE and Afghanistan condemn BJP leader's remarks on Prophet

Indonesia, Saudi, UAE and Afghanistan condemn BJP leader's remarks on Prophet

Rediff.com7 Jun 2022

In a statement, the Ministry of Foreign Affairs expressed its condemnation and denunciation of the statements made by the BJP spokesperson, saying it insulted Prophet Muhammad.

25 richest Indians in the Gulf

25 richest Indians in the Gulf

Rediff.com14 Feb 2013

The Gulf Cooperation Council (GCC) countries have 10 Indian billionaires.

Investments from GCC to India remain negligible: Report

Investments from GCC to India remain negligible: Report

Rediff.com3 May 2012

Investments from the Gulf Cooperation Council (GCC) countries to India remain negligible relative to trade flows and represent just a small percentage of total FDI from the region to the world, says a report.

Aurobindo to invest $1billion in Europe

Aurobindo to invest $1billion in Europe

Rediff.com18 Dec 2007

Hyderabad-based pharma company Aurobindo Pharma, which has plans to emerge as a billion dollar company by 2009-10, is enhancing its presence in Europe by investing $100 million in phases. The company is likely to buy two pharma companies worth Euro 10 million each, open offices in 10 countries and establish a packaging, warehouse and manufacturing hub in Malta.

High cost of living driving Gulf expats away

High cost of living driving Gulf expats away

Rediff.com25 Feb 2008

Gulf expatriates are facing the woes of rising costs of living and many are considering job shifts and even migration to manage finances.

India's exports of electronics to W Asia soar

India's exports of electronics to W Asia soar

Rediff.com4 Jun 2007

The west Asian region remained the top destination for India's consumer electronics goods last year with exports doubling to $175 million in 2005-06, from $90 million of 2004-05.

Gulf Indians remit $5 billion annually

Gulf Indians remit $5 billion annually

Rediff.com10 Aug 2006

The four million expatriate Indians in the six Gulf Cooperation Council states remit an incredible $5 billion annually, a study shows.

Carborundum plans Dubai beachhead

Carborundum plans Dubai beachhead

Rediff.com15 Sep 2004

The Arab Spring withers into winter

The Arab Spring withers into winter

Rediff.com30 Aug 2013

Its promise has fallen short before the onslaught of the votaries of the old order and ruthless extremist forces, notes Talmiz Ahmad.

92,000 emergency exit certificates issued to Indians in Saudi

92,000 emergency exit certificates issued to Indians in Saudi

Rediff.com4 Jul 2013

Indian embassy in Saudi Arabia has issued as many as 92,000 emergency exit certificates by end of the first phase of grace period for those affected by labour law 'Nitaqat', Ambassador to the Kingdom Hamid Ali Rao said on Thursday even as India was in discussion with the country to streamline the visa regime to check fraudulent contractors.

Pakistan weighs Saudi plea to join Yemen operation

Pakistan weighs Saudi plea to join Yemen operation

Rediff.com27 Mar 2015

Pakistan has announced that it would send a top civil-military delegation to Saudi Arabia to assess security situation after Riyadh's request that it join a coalition to defend Yemen's president.

India holds out olive branch to Arab League to deepen trade

India holds out olive branch to Arab League to deepen trade

Rediff.com30 Oct 2017

Why should India buy olives from Europe when it could do so from the world's largest producers?

Reliance Life to tap Gulf returnees

Reliance Life to tap Gulf returnees

Rediff.com25 Jun 2014

Company launches claim guarantee scheme for customers.

An India-Israel reset is overdue

An India-Israel reset is overdue

Rediff.com23 Nov 2016

India-Israel relations are at a crossroads. Simply chanting old hackneyed mantras on terrorism, secularism, democracy, et al, won't suffice. There is danger of stagnation setting in, says Ambassador M K Bhadrakumar.

FCNR deposits: A safe bet for NRIs

FCNR deposits: A safe bet for NRIs

Rediff.com8 Jan 2014

Here's how NRIs can protect their overseas earnings from exchange rate risk.

India urges higher pay for millions of Gulf workers

India urges higher pay for millions of Gulf workers

Rediff.com17 Nov 2014

Migrants do many of the dirty and dangerous jobs in the region, from construction to the oil industry, transport and services

Modi @3: The view from the foreign office

Modi @3: The view from the foreign office

Rediff.com25 May 2017

Diplomats agree that amid stormy relations with China and Pakistan, Modi has posted impressive foreign policy successes, notes Aditi Phadnis.

Why the deal between Iran and the West is a win-win for most

Why the deal between Iran and the West is a win-win for most

Rediff.com29 Nov 2013

It is easy to foretell that negotiating a comprehensive and final agreement on the Iran nuclear issue is by no means an easy task. It involves hard negotiations, but the hardest step has been taken, says Ambassador M K Bhadrakumar, who was among the first group of foreigners to visit the the top-secret Arak plant hidden behind barren mountains south of Tehran.