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MALDIVES PROJECT
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
India to lead South Asia growth at 7.6% in FY26, says World BankIndia will lead South Asia's economic growth. The World Bank forecasts India's economy to expand by 7.6% in FY26. The region's overall grow...
Maldives’ tourism-driven economy stares at crisis amid West Asia warThe Maldives economy faces a crisis due to West Asia disruptions. Tourist arrivals are down, impacting revenue. Significant debt repayments...
India and Maldives inaugurate infra projects launched during Solih's eraNew Delhi and Maldives have inaugurated several Indian-funded infrastructure projects in Addu city. Projects include the $80 million Addu r...
Officials of India, Maldives hold review meeting, take stock of Indian grant-funded community development projectsIndian High Commissioner to the Maldives Munu Mahawar and Maldivian Ambassador Ahmed Naseer co-chaired a meeting to review Indian-funded co...
India to extend budgetary support of $50 million to MaldivesIndia extends budgetary support to Maldives by rolling over $50 million treasury bill upon special request. SBI subscribes to Maldives Fina...
India's projects in Maldives gain pace, despite strained security tiesIndia has increased development assistance to the Maldives, spending nearly $93 million on projects. The projects, including a road and bri...
Maldives President Mohammed Muizzu's anti-India posturing may further dent Maldives fledgling economyMaldives President Mohammed Muizzu's recent anti-India stance could impact the country's fragile economy if India's longstanding assistance...
India committed to working closely with Maldives govt for speedy implementation of flagship infra project: High CommissionIndia has pledged to work closely with the Maldives government to expedite the implementation of the Male to Thilafushi link project, the l...
EAM Jaishankar, Maldives Prez Solih participate in groundbreaking ceremony of Hanimaadhoo airport redevelopment projectExternal Affairs Minister S Jaishankar and Maldives President Ibrahim Mohamed Solih have jointly participated in the groundbreaking ceremon...
India funded airport project launched in MaldivesIt is the first ever major infrastructure project to be undertaken outside Greater Male' region and is funded under the USD 800 million con...
South Indian Ocean outreach: India to fund seven new projects in MaldivesThe seven new projects, with a total estimated cost of INR 132 million (MVR 27 million), are spread across seven Atolls of the Maldives – H...
Maldives signs contract for rolling out of India-funded mega infra projectUnder the Greater Male Connectivity Project (GMCP) project, a 6.74-km-long bridge and causeway link will be built to connect capital city M...
India to open second diplomatic mission in Maldives to augment presence in South Indian Ocean RegionThe Union cabinet this week cleared the proposal for opening the first such consulate in the Maldives, which has an important place in the ...
India backed project for young Maldivians launchedThis was inaugurated at a virtual ceremony organised by the Maldives Ministry of Gender, Family and Social Services. The project is funded ...
Exim Bank extends line of credit worth $50 million to Maldives to fund defence projectsAn amendatory agreement for repurposing an existing LOC of USD 40 million to include road projects in Maldives was also signed between Exim...
India, Maldives sign slew of pacts as Delhi expands strategic footprints in Southern Indian OceanThe MoUs were signed during the ongoing visit of Foreign Secretary Harsh V Shringla to Male.
India-backed Maldives infrastructure project to surpass scope of Chinese-funded bridgeDelhi also announced the launch of cargo ferry services and air travel bubble between the two nations. Given the financial challenges faced...
India to extend substantial financial package for Maldives to restrict Chinese moves in Southern neighbourhoodThe package is in works based on the requirements of the Maldives whose economy has taken a hit due to the Covid-19 pandemic.
India wary of China's telecom forays in Nepal, MaldivesThe concerns by the Central Security agencies which have been conveyed to the Telecom Department here came against the backdrop of about $ ...