The United Arab Emirates has floated an initiative aimed at integrating securities markets of all member states of the Gulf Cooperation Council.
Further deterioration of the US-Saudi relationship will have geo-economic and geopolitical effects, says Nitin Pai.
Air India, SpiceJet, IndiGo and AirAsia India ready to fill in the gap.
'If UAV technology is used by the adversary to target VIPs or strategic targets it would be a different ball game altogether,' says Group Captain Murli Menon (retd).
Prime Minister Manmohan Singh said on Monday that he had asked Saudi Arabia to use its "good offices" to persuade Pakistan to desist from the path of terror.
India is willing to walk the "extra mile" to open a new chapter in relations with Pakistan but it must act decisively against terrorism, Prime Minister Manmohan Singh asserted on Monday."We seek cooperative relations with Pakistan. Our objective is a permanent peace because we recognise that we are bound together by a shared future. If there is cooperation between India and Pakistan, vast opportunities will open up for trade and development that will create prosperity.
'Modi has visited all these three countries (the UAE more than once, inexplicably) but has left out Kuwait and Oman, the two Gulf countries that are closest to India in their political, cultural and civilisational ethos,' notes Ambassador M K Bhadrakumar.
Britain's Anthony Joshua beat Andy Ruiz Jr on a unanimous points decision in Saudi Arabia on Sunday to seize back the heavyweight world championship belts he lost to his Mexican-American opponent in a shock upset last June.
Wipro Ltd, a provider of IT solutions and services including systems integration, information systems outsourcing and IT-enabled services, says it has not been affected by the crisis in West Asia and will continue to invest in the region. Wipro already has a company -- Wipro Arabia, formed in 2007 through a joint venture with the Dar Al Riyadh Group -- providing IT solutions and services in the Kingdom of Saudi Arabia.
The development has now removed Crown Prince Mohammed bin Nayef as next in line to the throne and replaced him with Mohammed bin Salman, who earlier held the position of the deputy crown prince.
Saudi Arabia can be a 'valuable interlocutor' between India and Pakistan, Minister of State for External Affairs Shashi Tharoor said on Sunday and subsequently clarified that he did not mean that Riyadh should be a mediator.
Nearly 65,000 Indians in Saudi Arabia have already collected their travel documents and are legally secure in the oil-rich country ahead of the July 3 deadline to regularise their residency under an amnesty programme.
An engine of a Riyadh-bound Air India plane with 229 people on board caught fire on Friday while taxiing at the Mumbai airport, forcing it to abort take-off and evacuation of passengers through emergency exit chutes.
The Pakistani PM believed New Delhi rebuffed his offer of talks because his country is an issue in the elections in the neighbouring country.
Prince Salman bin Abdul Aziz al Saud, governor of Riyadh and third in line to the throne, has over the last five days in Delhi, Agra and Mumbai reaffirmed the message that terrorism in the name of Islam is not Islamic and that the entire region must be united against jihad.
US President Donald Trump spoke with Saudi Arabia's King Salman amid the Arab world's biggest diplomatic crisis in years over Qatar's alleged support to extremists, reports Lalit K Jha.
A decision to this effect was taken at the Indo-Saudi Joint Commission meeting attended by finance minister Pranab Mukherjee and the Saudi minister of commerce and industry, Abdullah Zainal Alireza, at Riyadh at the weekend.
Saudi police allege Indian's hand cut off due to fall. Indian embassy await word from Saudi government. A Ganesh Nadar/Rediff.com reports on the latest developments in the Kasthuri Munirathinam case.
Summary of World Cup qualifiers played across the world on Thursday
Six-time world champion Viswanathan Anand will be a part of the Indian team for the Chess Olympiad to be held in Georgia later this year after he accepted the request from the All India Chess Federation.
A severely hamstrung Kedar Jadhav held his nerve in the closing stages, while the lower order made vital contributions with the bat as India edged past Bangladesh by three wickets to win their seventh Asia Cup title in a pulsating last-ball finish, in Dubai on Friday.
Pakistan on Wednesday shared the Indian dossier on Mumbai attacks with the visiting Saudi intelligence chief and briefed him on the "progress" of its own probe into the incident, as Riyadh sought united efforts by the country's political forces to "de-escalate" tension in the subcontinent.
The assurance came after a meeting of the Saudi Arabia's Supreme Council for Petroleum and Mineral Affairs, which was chaired by King Abdullah. The meeting, which reviewed world oil market developments, referred to the resolution taken by the last OPEC summit in Riyadh in which leaders said they would manage petroleum resources to ensure sustained development. The summit expressed its satisfaction over the progress of work at new investment projects.
World rapid champion Viswanathan Anand continued his fine run in the faster version of the game and annexed the Tal Memorial rapid chess title in Moscow after an easy final round draw against Boris Gelfand of Israel.
Terming as "unacceptable" the incident where an Indian woman's hand was chopped off by her employer in Saudi Arabia, External Affairs Minister Sushma Swaraj on Friday said the matter has been taken up with Saudi authorities.
"As many as 1.12 million expats corrected their professions until July 6. We have also issued and renewed more than 1.6 million work permits during the period," Abdullah Abuthnain, Deputy Minister for Inspections and Developing Work Atmosphere, was quoted by the local media as saying.
Changes on cards as no end to India's middle-order woes
Nearly 800 Indian workers are reportedly starving for the last three days in Saudi city of Jeddah after losing their jobs
An Indian expatriate from Dhahran, who was refused permission to board a flight after being diagnosed with tuberculosis, was allowed to fly home, ending a month-long ordeal that began when he collapsed at the airport in Bahrain on May 12.
Two Indians were among three persons killed when a missile fired from strife-torn Yemen struck Saudi Arabia's southwestern border city of Najran
"At its core, the spirit of Ramadan strengthens awareness of our shared obligation to reject violence, to pursue peace, and to give to those in need who are suffering from poverty or conflict," Trump said in his first Ramadan message to the Muslim world as the president of the United States.
Professionalism will be pitted against passion when defending champions India square off with Bangladesh in the second semi-final of the ICC Champions Trophy, in Birmingham on Thursday.
Iraq threatened on Thursday to blacklist Reliance Industries Limited from future oil contracts after the company struck a deal with the Kurdish Regional government for two blocks without Baghdad's approval. Reliance Industries Limited had last week signed the contract for the blocks Rovi and Sarta in northern Iraq with the autonomous Kurdish Regional Government. The blocks, measuring 517 and 607 sq km respectively, have almost 80 per cent oil bearing structure.
Bharathi Sihag, joint secretary at the ministry of commerce of India, told Abu Dhabi's National newspaper that the date had almost been set: "We will be meeting very soon, next month or October." The FTA between India and Gulf Cooperation Council has been delayed, ever since the first round held in March 2006, due to administrative reasons as the same set of officials are involved in talks with EU and Korea over similar trade pacts.
The Central Bureau of Investigation is still groping in the dark on the veracity of the reports of detention of Anees Ibrahim, brother of mob boss Dawood Ibrahim, in Saudi Arabia as authorities in Riyadh were still to respond to its query.
Nearly 200 Indians awaiting deportation from Saudi Arabia are stranded in the country's capital Riyadh due to paucity of seats in flights as a result of the summer rush.
With crude oil flirting with the $100 a barrel mark, world's largest oil producer Saudi Arabia is emulating marketing savvy West to showcase oil cartel Organisation of Petroleum Exporting Countries in a new light when it organises the third OPEC Summit in Riyadh this week.
A Saudi sponsor has chopped off an Indian maid's hand, evoking strong condemnation from India which demanded that a case of attempted murder be lodged against the culprit.
Players such as Kidaara, True North, and Multiples Alternate Asset Management move outside the confines of just being a family-style financial office and become a true PE heavyweight.
Murali Deora, Minister of Petroleum & Natural Gas has urged the need for sustainable international oil prices stating that the high oil prices are neither in the interest of oil importing countries nor beneficial to the exporting nations.
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