RBI, Maldives Monetary Authority sign pact to promote use of local currenciesThe Reserve Bank of India and the Maldives Monetary Authority have signed an agreement to allow cross-border transactions using the Indian ...
Maldives estimates securing MVR 1.6 bn foreign aid from India in 2025Maldives expects MVR 1.6 billion in grant aid from India in 2025, making up 72 per cent of its foreign aid. The total international grant a...
Dollar-starved Maldives notifies new foreign currency rulesMaldives has introduced new rules requiring all foreign currency earnings from the tourism sector to be deposited in local banks. The regul...
Hope President Muizzu tries to maintain age old relationship with India, says Maldivian MPMaldivian Member of Parliament for South Galolhu constituency, Meekail Nasym, has expressed hope that Maldives President Mohamed Muizzu ack...
Maldives President Muizzu thanks India for economic support, affirms hope of signing FTAMaldives President Mohamed Muizzu expressed gratitude to India for supporting the island nation in easing its debt repayment. He emphasized...
Maldives to launch India's RuPay service amid bilateral tensionsDespite recent turbulence in bilateral relations, the Maldives is set to launch India's RuPay service, a move expected to strengthen the Ma...
India, China have agreed to cooperate in paying in local currency for imports: MaldivesMaldives' Economic Development Minister Mohamed Saeed said he met with the Indian High Commissioner Munu Mahawar two weeks ago, who in turn...
Maldives in discussion with India to pay in local currency for imports: MinisterMaldives explores paying imports in Maldivian Rufiyaa with India, China. Saeed aims for non-dollar payments, stronger Rufiyaa, bilateral tr...
India and Maldives together have responsibility for regional peace and security: EAM Jaishankar"We are good neighbours. We are strong partners. We have mutually invested in development and progress. But we also together have a respons...
SAARC nations unveil emergency stimulus packages to tackle COVID-19 economic falloutIndia - the biggest in the 8-member SAARC grouping - responded by unveiling a Rs 1.7 lakh crore ($22.6 billion) economic stimulus plan, pro...
India to give all help to new Maldivian government: PM Modi assures President SolihPrime Minister Narendra Modi has assured all possible help to new Maldivian President Ibrahim Mohamed Solih in fulfilling his government's ...
Five budget-friendly foreign holidays you can plan for Rs 1 lakhDubai. Sri Lanka. Vietnam. Bhutan. Maldives. A vacation to each of these destinations can be planned for Rs 1 lakh by a couple. Find out ho...
Travel cos in Goa fear slump in tourism, government feels otherwiseGoa's tourism industry is waiting to start this year's tourist season with the arrival of the first international chartered flight mid-Octo...
- Micromax enters Maldives' telecom market
Domestic handset maker Micromax today announced its foray into Maldivian telecom market as part of its global expansion activities.
- GMR Infra soars over 5 per cent up on BSE
GMR Infrastructure today rose over 5 per cent higher in the morning trade on the Bombay Stock Exchange (BSE), a day after it won the expans...
- GMR bans Male airport contract
GMR Infrastructure today won the expansion and management contract from the Male international airport, the Maldives.
- Dollar's demise can be seen even in the Maldives
With the euro coming into its own, the dollar looking wobbly and some nations miffed by US policies, a slow and steady shift may nonetheles...