"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
Findings of the first in-depth analysis of clinical and genomic characteristics of the Clade Ib strain, published in the journal Virology, showed seven of the 10 individuals had a history of travel to the United Arab Emirates (UAE).
US President Donald Trump revealed he was on the verge of ordering attacks on Iran but postponed the decision after receiving calls from Qatar and the UAE, citing progress in peace talks.
Sourabh Chandrakar, the absconding founder of the Mahadev betting app, has been detained in Oman based on an Interpol Red Notice. Indian agencies are now working to extradite or deport him. The ED's investigation into the syndicate has revealed alleged proceeds of crime worth Rs 6,000 crore and links to high-ranking politicians and bureaucrats.
The National Testing Agency (NTA) has clarified the controversy surrounding a NEET-UG re-test candidate being allotted an examination centre in Abu Dhabi, stating the student himself had chosen the venue. Following a request, the NTA re-allotted a centre in Nagpur.
Former India football coach Stephen Constantine has expressed deep disappointment over the national team's current decline, criticising the All India Football Federation for its decisions, including the appointment of Khalid Jamil as coach despite his lack of international experience. Constantine, who led India to a historic FIFA ranking of 96, believes he should still be managing the team and calls for wider structural reforms in Indian football.
UAE play Oman at Abu Dhabi's Zayed Cricket Stadium on Monday, 15 September. Their last group game is with Pakistan at the Dubai International Stadium on Wednesday, 17 September.
The Indian Navy successfully recovered and safely disposed of an unexploded missile warhead from the MT Olympic Life crude oil tanker, which had reported an explosion off the coast of Oman and was en route to Kochi. The operation showcased the Navy's expertise in explosive ordnance disposal and its commitment to maritime safety in the Indian Ocean Region.
Telegram CEO Pavel Durov has accused Reliance Group, which has a partial Meta stake, of lobbying for a ban on Telegram in India and sabotaging its access for users outside India through BGP hijacking. A senior telecom industry source dismissed these claims as 'fake news,' stating Durov confused Reliance Communications with Reliance Industries Ltd. The allegations come as the Indian government has ordered Google and Apple to delist Telegram temporarily and disable its message-editing feature in India due to concerns over paper leaks in the NEET-UG examination.
Unified Payments Interface (UPI) transactions moderated slightly in June from a record high in May, reaching Rs 28.9 lakh crore. Despite a month-on-month decrease in volume, the daily average transactions hit a new high, indicating UPI's strong adoption for low-value payments. The platform also demonstrated significant annual growth and expanding international presence.
State-owned Bank of Baroda (BoB) has agreed to pay $600 million (about 5,700 crore) to settle litigation arising from the collapse of NMC Health, ending years of cross-border legal proceedings.
US President Donald Trump and Prime Minister Narendra Modi are scheduled to meet on the sidelines of the G-7 summit in France, marking their first bilateral meeting since February last year. Both leaders will be attending the summit, with Trump also meeting other world leaders.
Deportations of Indians have increased in recent years from several countries like the UAE, USA, Malaysia, Myanmar.
Zelenskyy also stated that documents being drafted with Washington, DC to end the war were close to completion.
India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.
India's trade with West Asia saw a significant decline of over 28% in April, marking the second consecutive month of contraction. This downturn is attributed to severe shipping disruptions stemming from the ongoing conflict involving the US, Israel, and Iran, particularly impacting the crucial Strait of Hormuz waterway.
Prime Minister Narendra Modi has begun a six-day tour of the UAE, the Netherlands, Sweden, Norway and Italy to strengthen bilateral relations amid geopolitical challenges. The trip will focus on energy security, trade, and technological cooperation.
Noel Tata, a veteran of the Tata group, announced his decision to step down as the chairman of Voltas, following a similar move at Trent, citing the development of a new generation of leaders within the company.
The next-generation missile is expected to be substantially smaller and lighter than the current BrahMos, which weighs around 3 tonnes. The reduction in weight could allow fighter aircraft to carry more missiles per sortie, enhancing combat effectiveness.
Prime Minister Narendra Modi's week-long ongoing tour of France and Slovakia is his 100th foreign trip since he assumed the high office 12 years ago.
India has maintained its number one position in the ICC Men's ODI Team Rankings after the annual update, though their lead over New Zealand has decreased. The update also saw South Africa climb to fourth place, overtaking Pakistan, and several other shifts in the lower ranks. India also leads the Men's T20I rankings, while Australia tops the Test and Women's ODI and T20I lists.
Jharkhand CID arrested two individuals from Giridh district for circulating and selling online child sexual exploitative and abuse material to citizens of multiple foreign countries.
US President Donald Trump announced he halted planned military strikes on Iran following requests from Qatar, Saudi Arabia, and the UAE, citing ongoing discussions that could lead to a deal.
An Indian national was killed and several others injured in a drone attack on Kuwait International Airport, leading to the suspension of air traffic and significant damage. This incident marks the tenth Indian fatality since hostilities between the US and Iran began in February, with other Indians also affected by regional conflicts in UAE, Saudi Arabia, and Oman.
Junaid Siddique's maiden five-wicket haul helped UAE restrict Canada to 150/7 in their T20 World Cup clash, despite a half-century from Harsh Thaker.
India's crude oil imports from Russia reached a record high of approximately 2.73 million barrels per day (mbpd) in June, driven by discounts of $2-5 a barrel. This surge comes as the West Asia crisis disrupted supplies from traditional sources and China reduced its own purchases, leading Russia to offer more favourable terms to India.
Instant messaging platform Telegram has been restored in India after a week-long government ban, imposed due to its alleged role in circulating leaked NEET examination papers, expired. The Delhi High Court had upheld the ban as lawful and necessary.
India is the only significant power that all parties trust, or at least do not distrust, notes former defence secretary Ajay Kumar.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.
India on Friday launched a highly coordinated, priority operation to safely guide 13 Indian-flagged commercial vessels out of the volatile Strait of Hormuz, the ministry of ports, shipping, and waterways announced on Friday.
A recently finalised peace deal between the US and Iran, set to be signed on June 19, is expected to significantly benefit India's economy by boosting exports to West Asia, stabilising the rupee, and easing inflationary pressures, according to exporters and experts.
Much will depend on how the protagonists use the current interlude to work proactively for the beginning of a durable settlement or, on the contrary, prepare for a new round of escalation, points out Ambassador M K Bhadrakumar.
Some felt India should not have been so ruthless with the UAE and could have opted to bat first, as they hadn't played a T20 match for a while.
The Centre on Monday informed the Supreme Court that the Central Board of Secondary Examination has come up with a new policy for the evaluation of private students, who were affected by the cancellation of Class XII board examination in Gulf countries due to the recent Iran-US war.
Teams like India do not offer too many chances and Afghanistan must learn to capitalise on the opportunities that come their way, captain Hashmatullah Shahidi said.
When I asked UAE Skipper Muhammad Waseem why his team did not appeal for a walkover, he said his team had come to play, and that they had decided to wait as per the request from the authorities. Would any Test-playing country have waited and remained sporting enough to sacrifice their opportunity to play in the knock-out stage?
Hours after warning that the United States could strike Iran "very hard tonight", President Donald Trump announced to halt planned military action, despite earlier threats to target Kharg Island and other key Iranian oil facilities.
India has expressed serious concerns about the West Asia crisis and its potential impact on energy supplies and maritime stability, urging BRICS nations to find practical solutions to geopolitical challenges and unilateral sanctions.
The rupee recovered to 95.18 against the US dollar after hitting an all-time intra-day low of 95.44. The recovery was supported by possible RBI intervention amid renewed Gulf tensions and rising crude oil prices.
C P Rizwan led the UAE to its first win in a T20 World Cup match, played 42 ODIs and 18 T20Is before he retired this week. 'I end my international career with a heavy heart, but I feel proud of what I have achieved,' Rizwan tells K R Nayar.
