News for 'UAE Exchange'

Who will buy Citi's consumer business?

Who will buy Citi's consumer business?

Rediff.com24 May 2021

The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.

Foreign aid for Kerala: Union minister appeals to make 'one-time exception'

Foreign aid for Kerala: Union minister appeals to make 'one-time exception'

Rediff.com23 Aug 2018

National Disaster Management Authority had in 2016 suggested assistance offered as a goodwill gesture 'may' be accepted.

PIX: Italy miss out on World Cup again, Portugal survive

PIX: Italy miss out on World Cup again, Portugal survive

Rediff.com25 Mar 2022

Quaison fires Sweden to extra-time World Cup playoff win over Czechs

Football: Leicester seal vital win over Palace

Football: Leicester seal vital win over Palace

Rediff.com27 Apr 2021

Soccer highlights from across the globe.

SpiceJet to get $20 mn from FIIs

SpiceJet to get $20 mn from FIIs

Rediff.com8 Sep 2005

SpiceJet will get $20 million from MacRitchie Investments, Singapore (a wholly-owned subsidiary of Temasek Holdings) and Istithmar, a UAE-based private equity firm.

Rising cost of living: NRI savings drop

Rising cost of living: NRI savings drop

Rediff.com4 Oct 2007

The Gulf countries, a major source of NRI remittances to India, have been experiencing unprecedented growth in the cost of living on the one hand and a steep decline in exchange rates due to most Gulf currencies' peg to the dollar.

Gulf tour: Indian naval ships dock at Abu Dhabi

Gulf tour: Indian naval ships dock at Abu Dhabi

Rediff.com29 Aug 2007

The two warships have docked at a UAE port as part of a rare Gulf tour to foster maritime goodwill with the Arab nations.

Aviation ministry rules out more flights from Qatar

Aviation ministry rules out more flights from Qatar

Rediff.com13 Dec 2013

The ministry of civil aviation has disagreed with a proposal of the Prime Minister's Office to explore raising the cap on the number of weekly flights from Qatar in exchange for discounts on additional supplies of liquefied natural gas from there.

Rs 69 lakh in new notes, foreign currency seized at Mumbai airport

Rs 69 lakh in new notes, foreign currency seized at Mumbai airport

Rediff.com28 Dec 2016

This money was found wrapped in newspapers and was concealed in their check-in baggage.

PM Modi calls on Saudi King Salman, meets top ministers to deepen bilateral ties

PM Modi calls on Saudi King Salman, meets top ministers to deepen bilateral ties

Rediff.com29 Oct 2019

Prime Minister Modi arrived in Riyadh late Monday night on a two-day visit to Saudi Arabia to participate in the high-profile financial summit Future Investment Initiative, dubbed "Davos in the desert", an initiative of Saudi Crown Prince Mohammed bin Salman.

Kalyan Jewellers aims to strike gold abroad

Kalyan Jewellers aims to strike gold abroad

Rediff.com1 Jun 2017

Kalyan Jewellers is eyeing overseas expansion by catering to India-like markets and the diaspora

'Verbal clash between Kohli and Paine in good spirits'

'Verbal clash between Kohli and Paine in good spirits'

Rediff.com17 Dec 2018

The on-field verbal duel between rival captains Virat Kohli and Tim Paine has been one of the talking points of the second Test in Perth but Australia pacer Josh Hazlewood played it down, saying it was done in good spirits.

Pakistan 4th largest source of remittances to India

Pakistan 4th largest source of remittances to India

Rediff.com24 Dec 2015

Remittances are estimated to exceed $600 billion in 2015.

Sebi toughens norms for managing liquid MFs

Sebi toughens norms for managing liquid MFs

Rediff.com3 Mar 2019

To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.

Bankers go into huddle to discuss PNB scam fallout

Bankers go into huddle to discuss PNB scam fallout

Rediff.com18 Feb 2018

The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.

Sahara asks US court to reject attachment plea for hotels

Sahara asks US court to reject attachment plea for hotels

Rediff.com12 Jul 2015

Company has submitted before the court that the plaintiff is attempting to attach property that falls outside of the jurisdiction of the court

Nirav Modi, wife, Choksi skip ED summons

Nirav Modi, wife, Choksi skip ED summons

Rediff.com26 Feb 2018

The ED on Monday also examined the state-owned bank's executive director K V Brahmaji Rao to understand how the alleged fraud was detected and other banking procedures.

Agusta middleman Christian Michel sent to 5-day CBI custody

Agusta middleman Christian Michel sent to 5-day CBI custody

Rediff.com5 Dec 2018

A bail plea was also moved on his behalf. The court did not give any specific date for hearing the bail plea.

26/11 set up India-Saudi strategic ties

26/11 set up India-Saudi strategic ties

Rediff.com19 Dec 2020

'The attacks made clear to all the Gulf States that Pakistan was the nursery and sanctuary of extremist violence and that this violence threatened all the countries in the region.'

Why resource-rich economies are in trouble

Why resource-rich economies are in trouble

Rediff.com11 Feb 2016

Countries with abundant resources are faring worse in terms of development than those with less.

Mauritius funds may now be re-routed through Singapore for investments in India

Mauritius funds may now be re-routed through Singapore for investments in India

Rediff.com10 Jul 2018

Singapore is the favoured destination as it has traditionally had a stable fund management regime; also, its tax treaty with India is similar to that of Mauritius

Do we know where 150 million Indians spend?

Do we know where 150 million Indians spend?

Rediff.com10 Dec 2019

'Being one of the 150 million upper middle class consumers, I can vouch that the average expenses on white goods or clothing are minimal. Indians are not consumerist by nature,' says Colonel Anil A Athale (retd).

India is paying for Modi's wooing of Xi

India is paying for Modi's wooing of Xi

Rediff.com3 Aug 2020

'China was a relationship from which Mr Modi had expected the most it seems.' 'It showed in a string of summits, and somewhat breathless celebration of Xi Jinping.' 'It was hasty and simplistic,' observes Shekhar Gupta.

India's domestic demand may witness a recovery, says HSBC

India's domestic demand may witness a recovery, says HSBC

Rediff.com19 Mar 2014

According to global financial services major, despite its recent slowdown, India's economic promise remains substantial, with the growing population and nascent domestic middle class generating a growing market for consumption goods.

MEA downplays envoy's note on Jet-Etihad deal, calls it normal

MEA downplays envoy's note on Jet-Etihad deal, calls it normal

Rediff.com7 Mar 2014

The spokesperson in the Ministry of External Affairs said diplomats deal with a variety of issues and it was normal for them to collect information, assess them and send report to the government back home.

Money in Swiss banks: India slips to 74th place

Money in Swiss banks: India slips to 74th place

Rediff.com30 Jun 2019

The funds officially held by Indians with banks in Switzerland now accounts for only 0.07 per cent of the total funds kept by all foreign clients in the Swiss banking system.

ICICI Bank to expand China presence

ICICI Bank to expand China presence

Rediff.com14 May 2015

The branch is likely to be inaugurated on Saturday by Prime Minister Narendra Modi, who is on a three-day visit to China

Can India evade US's Iran oil sanctions?

Can India evade US's Iran oil sanctions?

Rediff.com24 Apr 2019

Whatever be India's course of action, it will have an impact on India-Iran ties, notes Aveek Sen.

NIA raids 27 places in Delhi, Valley in terror-funding probe, seizes Rs 2.2 cr

NIA raids 27 places in Delhi, Valley in terror-funding probe, seizes Rs 2.2 cr

Rediff.com6 Sep 2017

During the operations, that began in the morning, houses and business establishments of those suspected of channelising funds to fuel secessionist and anti-India activities were searched, an NIA spokesman said.

US threatens Iran with the 'strongest sanctions in history'

US threatens Iran with the 'strongest sanctions in history'

Rediff.com21 May 2018

He said the US will apply other punitive measures if Tehran does not give up its reported goal of developing nuclear weapons.

PCB chief Khan meets IPL chairman Shukla as Indo-Pak series hopes fade

PCB chief Khan meets IPL chairman Shukla as Indo-Pak series hopes fade

Rediff.com20 Oct 2015

Pakistan Cricket Board chairman Shahryar Khan on Tuesday met Indian Premier League chief Rajiv Shukla at his residence in New Delhi in what was described as a 'courtesy call' in the backdrop of the furore surrounding talks for a possible resumption of India-Pakistan bilateral cricket ties.

World's 10 richest countries, India at a dismal 130!

World's 10 richest countries, India at a dismal 130!

Rediff.com20 Jul 2015

Qatar is the world's richest country in terms of per capita income.

Family and Rs 500 crore: How a Chettiar community is reviving entrepreneurship

Family and Rs 500 crore: How a Chettiar community is reviving entrepreneurship

Rediff.com24 Apr 2017

Some decades ago, nearly 90 per cent of Nattukottai Chettiars were entrepreneurs; this has dropped to 15 per cent. The community plans to reverse the numbers through know-how, family support, funding and networking.

Visa on arrival for 40 more countries to be a reality soon

Visa on arrival for 40 more countries to be a reality soon

Rediff.com8 Jan 2014

Tourist visa on arrival for 40 more countries including the US, the UK, Brazil, Germany, Canada and Australia, would soon be a reality as the Home Ministry is expected to clear the proposal soon.

Why is Pakistan muzzling its terrorists?

Why is Pakistan muzzling its terrorists?

Rediff.com5 Mar 2019

'The Pakistani move to ban militant outfits and placate international opinion and Islamabad's openness to a UN security council resolution on Azhar -- instead of beseeching China to cast yet another veto -- enables Islamabad to occupy the high ground,' notes Ambassador M K Bhadrakumar.

India Inc hails Modi victory, looks for bold reforms

India Inc hails Modi victory, looks for bold reforms

Rediff.com16 May 2014

Happy at the clear mandate given by voters to the BJP-led NDA, India Inc on Friday exuded confidence that Narendra Modi will initiate bold and decisive policy reforms to promote economic growth.

Interesting facts about the Sharif family and its business interests

Interesting facts about the Sharif family and its business interests

Rediff.com2 Jan 2016

The Sharif group's website claims they are worth $300 million in business and $100 million in real estate holdings

Jet-Etihad deal hits Sebi, DIPP roadblocks

Jet-Etihad deal hits Sebi, DIPP roadblocks

Rediff.com26 Jul 2013

Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact

RBI clarifies on owned or controlled issue

RBI clarifies on owned or controlled issue

Rediff.com4 Jul 2013

Amidst debate over control of Jet Airways post UAE's Etihad buying stake, the RBI on Thursday notified FDI guidelines defining control of a company, saying that a firm will be said to be controlled by non-residents if they have powers to appoint majority of the directors.

US firm paid bribes to win water projects in Goa, Assam

US firm paid bribes to win water projects in Goa, Assam

Rediff.com19 Jul 2015

Bribe for Goa project estimated at $976,630