Global bank HSBC has launched a new money transfer service for Indians living in the Gulf in a bid to boost its share of the multi-billion dollar India remittance pie.
At the end of four hours of competition that included negotiating hairpin bends, steep jumps and obstacles over dirt terrain, all at breakneck speed, motorcycle racing freaks were left awestruck.
United States has moved more warships and fighter aircraft to the Persian Gulf to keep the strategic Straits of Hormuz open and strike deep within Iran if the stand-off over its nuclear programme escalates.
Gulf Oil Lubricants wanted to recruit a woman's cricketer as brand ambassador -- MSD and Hardik Pandya are its other product plenipotentiaries -- signing Smriti was a no brainer.
Gulf region security vital to India, says top diplomat
The spill in the Gulf of Mexico, which happened in April, not only resulted in huge financial liabilities for BP but also saw the ouster of its chief Tony Hayward.
This is the most successful equity raising by the project's promoter Bahrain-based Gulf Finance House which is now looking at further investment opportunities in India. The project, with an estimated development value of $2 billion, will be built on 300 acres of land in Maharashtra.
A Chinese vessel was hijacked by pirates in the Gulf of Oman on Friday. The cargo ship belonging to a Nanjing company was hijacked at about 9:30 am local time (1030 IST) in the Sea of Oman near the Iranian port Chabahar, state-run Xinhua news agency reported.
According to Nouveau-Nikolajsen, economic uncertainty and currency fluctuations have led to growth in the global forex market, where the daily turnover is estimated at $4 trillion, three times as much as the rest of the financial markets combined.
Sources in the Intelligence Bureau have said that money for election campaigns was being channelised by politicians who had earlier parked it with operatives in the Gulf. Vicky Nanjappa reports.
The appeal was directed at a group in Iraq, which is holding seven persons, including three Indians, hostage.
In a move which could pave the way for a Free Trade Agreement between India and the Gulf Cooperation Council, both the partners have concluded negotiations for a Framework Agreement expected to be inked soon.
Dominic Martin, who had surrendered to police claiming responsibility for the blasts at a Christian prayer meet three days ago, was described as a 'brilliant mind' by investigating officers.
The two warships have docked at a UAE port as part of a rare Gulf tour to foster maritime goodwill with the Arab nations.
Bhutto said the staging of peaceful demonstrations against the suspension of the chief justice was their democratic right and that the arrest of leaders and workers was condemnable.
In the wake of the tussle between the Birlas and Rajendra S Lodha over the will of Late Priyamvada Birla, chartered accountants firm Lodha & Company said it was not seeking re-appointment as auditors of Indo Gulf Fertilisers Ltd.
A welfare fund meant for the Indian workers in the Gulf countries is in the advanced stage of finalisation, Minister of State for External Affairs Digvijay Singh said.
Lubricants company Gulf Oil Corporation Ltd will add about 1,000 distributors to its network and plans to market automotive batteries and other accessories through the same channel.
India face tough Iraq test sans Chhetri
Herzog further claimed that Iran is supporting the "terror machine" by providing billions of dollars aiming to undermine the regional situation.
The government is taking the first steps towards opening of the Gulf region to private airlines -- by setting a high-level committee under the aegis of the aviation ministry -- to examine the contentious issue.
Arab Gulf economies are set to benefit from large government spending programmes and high oil prices in the second half of the year, despite concerns over political turmoil in the Middle East and Europe's sovereign debt crisis, a senior bank official has said.
As Anna Hazare mobilised hundreds and thousands in the country's capital and millions across the country in his crusade against corruption, a large number of Indians in the Gulf region remained glued to their television sets to watch the unfolding events.
India's decision to ban the export of non-basmati white rice has pushed up global prices, prompting multilateral lending agencies, such as the International Monetary Fund (IMF), to call for a reconsideration of the move. Though nothing has been spelled out yet officially, sources said, the government might consider requests for government-to-government sale of non-basmati white rice, especially to West African nations where India is a major supplier. Also, traders and exporters of specialty regional rice varieties like sona masuri or gobindo bhog feel that they have been short-changed.
After a night-long operation, the aircraft was lifted at 6 am with the help of huge cranes. A 100-member expert team from Mumbai was at the spot to assist the operation.
Asia and South America are drivers for growth in the hotel sector in the Gulf, particularly for Dubai, where demand is only limited by the number of available airline seats, senior hotel officials have said.
'India should respect Maldivian nationalism and their desire to be not over-dependent on India.' 'India should not behave like a big brother towards Maldives as many times, we tend to behave like that.'
US authorities have been scrambling to establish how many Americans have been killed or taken hostage in the conflict.
The prospect of further falls in remittances is a hindrance for the Reserve Bank of India, as it seeks to bullet-proof the economy against sudden capital outflows
Israeli Prime Minister Benjamin Netanyahu termed it the 'largest cooperation project in our history', one that would 'change the face of the Middle East, Israel, and impact the entire world'.
V Thulasidas, Air India Chairman and Managing Director, has announced a bonanza package of 2,000 additional seats comprising seven additional flights from Kerala to destinations in the Gulf and Middle East.
Over 81,000 Indians were deported from the Gulf this year on various grounds, including non-possession of visas, resident permits and violation of local laws, the government said on Thursday.
According to the officials at the Special Kuwait Cell, UNCC has approved payment of compensation to eligible claimants. The ministry has now approved and published a list containing 8,615 Indians who can claim money from UNCC.
The China-brokered deal between Iran and Saudi Arabia to revive diplomatic ties should not be a matter of concern for India as the pact would provide regional stability and would be beneficial for New Delhi's interests as well, Iranian ambassador Iraj Elahi said on Friday.
Gulf Oil Corporation Limited, a Hinduja Group company, on announced the complete acquisition of US-based Houghton International for $1,045 million. The acquisition was carried out through GOCL's subsidiary in the UK.
The result at Eden Gardens has raised hopes that come Nov. 19, India will be lifting the 50-over World Cup trophy for a third time following their triumphs in 1983 and 2011.
SpiceJet has held "preliminary discussions" with a Gulf airline for potential investment in the Indian budget carrier, a news report has said.
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