India's unabated tryst with Russian crude oil is slowly coming to an end. The time has come for Indian refiners to navigate, creatively, the choppy waters of the post-honeymoon period, and for Indian policymakers to take cognisance of the broader impact on India from the spillover of the Russian crisis - after Washington's warning to transgressors last week. Shipments from Russia to India have averaged over 1.8 million barrels a day since February, according to data from Paris-based market analytics firm Kpler. But much of the crude shipped to India was non-sanctioned because it traded below a price cap set by the US led G-7 nations in December.
News of all that's transpired on and off the football field
"The government on Thursday approved deployment of Indian naval warships in Gulf of Aden to patrol the normal route followed by Indian flagships during passage between Salalah in Oman and Aden in Yemen," a defence ministry spokesperson announced in Delhi.
According to the latest data revealed by GulfTalent.com, the number of expats employed in the kingdom rose by 2.4 per cent in the fourth quarter of 2009.
Jinan, a Luyang II-class missile destroyer of the Chinese navy, on Monday docked at Mumbai harbour on a stopover while on an anti-piracy mission on the Gulf of Aden.
News of all that's transpired on and off the football field
The Israeli sports minister fought back tears as the country's judo team won gold in a tournament in the United Arab Emirates on Sunday, prompting Israel's national anthem to be played in a country that does not formally recognise it.
The travel ban will come into effect from 11.59 pm on Saturday, April 24, and is subject to review after 10 days.
Prime Minister Narendra Modi on Friday met Jordan's King Abdullah II and said he had "wonderful" meeting that would further boost India-Jordan ties.
In a circular, Sebi said QFI would now mean a resident in a country that is a member of the Financial Action Task Force or a member of a group which is a member of FATF.
The government allowed qualified foreign investors (QFIs) from six member-countries of the Gulf Cooperation Council (GCC) and 27 countries of the European Commission (EC) to invest in the Indian capital market to enhance foreign capital inflows.
External Affairs Minister S Jaishankar held wide-ranging talks with his visiting Iranian counterpart Hossein Amir-Abdollahian on Wednesday against the backdrop of widespread anger in West Asia over controversial remarks on Prophet Mohammed made by two former Bharatiya Janata Party spokespersons.
People in Mumbai and Gujarat on Wednesday woke up to a dusty morning, which has now been attributed to a giant dust plume that stretched across the Arabian Sea from the coast of Oman to India.
Dubai Police authorities said that there are still some unidentified bodies and the number of Indians who died in the accident could rise further.
News of all that's transpired on and off the football field.
Top losers in the Sensex pack included IndusInd Bank, Bharti Airtel, Tata Motors, Axis Bank, Kotak Bank, Bajaj Auto, Yes Bank, HCL Tech, HUL and Hero MotoCorp, falling up to 4.36 per cent.
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.
The Navy on Thursday pulled out its warship from escorting MV Suez, released by pirates, towards Salalah port in Oman after the Egyptian vessel, under the command of a Pakistani national, did not respond to its calls.
The PFI is alleged to have been continuously involved in anti-government propaganda and spreading the narrative that Muslims were being persecuted in India.
'Prime Minister Narendra Modiji must personally intervene in the matter to make it clear to his officials and the rank-and-file that communal abuse should now stop'
GTL Ltd plans to buy Redington Group comprising Redington India Ltd, Redington Pte Ltd Singapore and Redington Gulf FZE for $95 million in cash and shares.
Gulf Cooperation Council member countries will see their gross domestic product grow at 5.2 per cent in 2010 on the back of rising oil revenues, the IMF has said.
Flights from Mumbai and Kerala will also have to transit through these routes due to restrictions
China and India continue to rank first and second respectively in the list of 25 most attractive FDI destinations, according to a study conducted by a global strategic management consulting firm.Brazil, the United Arab Emirates and Russia ranked among the top 10, the findings of the latest FDI Confidence index, a regular survey of global executives conducted by management consulting firm, A T Kearney, revealed.
ccording to the MEA plan shared with the ministry of civil aviation that is set to begin from May 7, approximately 14,800 passengers will be evacuated from 13 different countries. F
State Bank of India plans to open its office in Dubai International Finance Centre in a few weeks, a move which will boost India's largest bank's presence in the Gulf region.
The Life Insurance Corporation of India has opened a branch in Muscat to cater to over 300,000 non-resident Indians in Oman.
With the deepening Iraq violence, India has set up three camp offices to facilitate departure of 10,000 Indians from non-conflicting zones even as External Affairs Minister Sushma Swaraj has summoned top Indian envoys in Gulf countries for consultations on Sunday.
News of all that's transpired on and off the football field.
As the majority of Pakistani airspace has remained closed for Indian airlines since the Balakot strike on February 26, the decision to avoid affected Iranian airspace on Saturday is going to further disturb the routes of their international flights towards middle-eastern and European countries, and the US.
Oman's Bank Muscat, the Gulf Arab state's biggest, said on Saturday it had bought a 26 per cent stake in India's Centurion Bank.\n\n\n\n
'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.'
America's decision to give India exemption from imposition of certain sanctions for the development of the port is driven by the South Asian strategy, which was announced by President Donald Trump in August.
From the Gulf countries to Malaysia and the UK to the US, the multi-agency operation christened 'Vande Bharat Mission' will see the state-owned AI operate 64 flights till May 13 in the first phase to ferry around 15,000 Indian nationals from 12 countries.
Prime Minister Modi is visiting Palestine, UAE and Oman from February 9 to February 12.
A French Navy has rescued eleven Indian sailors from suspected pirates at the mouth of the Gulf of Aden. According to a media release of the Embassy of France in New Delhi, the rescue operation took place on January 18 off the coast of Oman.
They said stranded Indians in central Asia as well as in various European countries will be brought back home in the second phase of evacuation beginning May 15.
'The bigger challenge and dilemma for Pakistan would be if the US and Saudi Arabia go full throttle against Iran and enforce regime change in Tehran.' 'That would be bad news for Pakistan, especially with the current instability in Balochistan,' notes Brigadier Narender Kumar (retd).
The letter was sent as an early warning of what was then widely being perceived as a plunder of national resources.
