By 2027, MFIN anticipates the micro-financing loan portfolio in India to reach USD 80 billion, signaling ample opportunities for investors from UAE seeking both financial returns and social impact. Dubai: MFIN, the quasi-regulatory body (Self Regulatory Organisation) in the Indian micro-finance sector, has underscored the significant potential for investment in India’s micro-finance industry from the […]
New Delhi: The Government of India has declared a one-day national mourning tomorrow, 21 May 2024, to honor H.E. Dr. Seyyed Ebrahim Raisi, President of the Islamic Republic of Iran, and H.E. Hossein Amir-Abdollahian, Foreign Minister of the Islamic Republic of Iran, who tragically died in a helicopter crash. The National Flag will be flown […]
Tehran: President of Iran Ebrahim Raeisi, Foreign Minister Hossein Amir-Abdollahian, and their delegation died in a helicopter crash on Sunday, as reported by Iran’s agencies. The helicopter was returning from the Khoda Afarin region to Tabriz when it crashed due to poor weather conditions, which complicated locating the crash site and rescue operations. Agency: Mehr […]
Dubai: A total of 200 contenders from 28 countries will compete for top honours at the 24th edition of the Dubai Open Chess Tournament. The prestigious event will be hosted by the Dubai Chess and Culture Club from May 25th to June 2nd, 2024. Details about the tournament emerged during a press briefing held today […]
New Delhi: With India’s mango season under way, the Food Safety and Standards Authority of India (FSSAI) has begun reinforcing its prohibition on hazardous artificial fruit ripening practices. The nation has over 1,000 varieties of mangoes. This includes the globally coveted varieties such as Alphonso, grown across Maharashtra, Gujarat, Karnataka and Madhya Pradesh, Chausa cultivated […]
New Delhi: The UK has implemented stricter control measures on spice imports from India following reports of contamination with ethylene oxide, a known carcinogen. This move by the UK’s Food Standards Agency is driven by concerns over pesticide residues. Similar actions have been taken by Hong Kong, which banned and recalled certain spices from Indian […]
Over half a million UniSuper fund members experienced a week-long outage, unable to access their superannuation accounts due to a “one-of-a-kind” Google Cloud “misconfiguration.” This misconfiguration led to the deletion of the financial services provider’s private cloud account, as revealed by Google and UniSuper. Service restoration for UniSuper customers began on Thursday, more than a […]
Dubai: The stage comes alive not only with music and dance but also with the spirit of giving back. In a groundbreaking initiative, Cornerstone has partnered with Salaam Bombay and CharityStars to auction off the iconic outfits worn by Bollywood stalwarts Ranbir Kapoor, Ayushmann Khurrana and Triptii Dimri, during their electrifying award show performances. The […]
New Delhi: The 5th meeting of Joint Committee on Consular Affairs (JCCA) was held on 14th May 2024 in New Delhi. The Indian delegation was led by Muktesh Pardeshi, Secretary (CPV & OIA), Ministry of External Affairs, Government of India. The UAE delegation was led by H.E. Mr. Khaled Belhoul, Permanent Secretary of the Ministry […]
Mumbai: Reports from agencies indicate that a massive billboard collapse during a thunderstorm in Mumbai claimed the lives of at least 14 individuals, with numerous others sustaining injuries. The incident occurred in the eastern suburb of Ghatkopar, where strong winds and rain caused the billboard to fall onto nearby houses and a petrol station along […]
Geneva: The Internal Displacement Monitoring Centre (IDMC) has released its annual Global Report on Internal Displacement, revealing a new record of 75.9 million internally displaced people (IDPs) worldwide by the end of 2023. Of this staggering total, 68.3 million were uprooted due to conflict and violence, while 7.7 million were displaced by disasters. The report […]
