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MALDIVES ECONOMY
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-Russia discuss energy, trade and global tensions as BRICS ministers gather in DelhiExternal Affairs Minister S Jaishankar met Russian Foreign Minister Sergey Lavrov for productive talks. They discussed bilateral cooperatio...
EAM Jaishankar welcomes Russian FM Sergey Lavrov at BRICS Foreign Ministers' meetingNew Delhi hosted the BRICS Foreign Ministers' meeting. External Affairs Minister S Jaishankar welcomed delegates from member and observer n...
Dollar pressure, PM’s appeal may shift Indian tourists towards domestic travel: Atul ThakkarIndian outbound travel may see a temporary slowdown due to rising currency pressures and recent government remarks, prompting travellers to...
Maldives repays second $50 million Indian treasury bill: MuizzuThe Maldives has made a significant payment to India, settling a USD 50 million treasury bill. This move aims to reduce the nation's extern...
India in talks with Nepal for ethanol exports, exploring shipments to SAARC nationsIndia is discussing ethanol exports with Nepal and other SAARC countries. This initiative aims to support farmers and strengthen the rural ...
India extends financial support to Maldives under SAARCIndia has approved a significant ₹3,000-crore currency swap for the Maldives. This move aims to bolster the island nation's economy under t...
India approves Rs 30 billion for Maldives under SAARC currency swapIndia has approved a Rs 30 billion currency swap for the Maldives. This reaffirms New Delhi's role as a key financial partner. The Maldives...
As Male faces stress, India weighs currency swap extensionIndia is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compound...
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 aims to attract more Indian tourists; plans to expand flight services from IndiaMaldivian, the national airline of the Maldives, is planning to expand its operations in India, aiming to attract 2 lakh Indian tourists. T...
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 rolls over $50 million treasury bill to aid MaldivesIndia has extended crucial financial support to the Maldives by rolling over a $50 million treasury bill, providing vital assistance amid a...
Maldives may be heading for debt default akin to Sri LankaMaldives faces potential debt default similar to Sri Lanka, with critical foreign reserves depletion and a substantial debt burden. The gov...
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...
Why time is running out across the Maldives' lovely little islandsIn the Maldives, a nation of contrasts emerges between the bustling capital of Malé and the quiet, depopulating outer islands. As residents...
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...
Muizzu's bid to revive FTA with China may lead to debt crisis in MaldivesChina's current share of Maldives total debt is 37% and there are fears that FTA will further increase debt share, pushing Maldives into a ...
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...
Nasheed vows to review all Sino-Maldives pacts following Yameen's ouster"We have a joint manifesto. I think we have to review all the agreements we had with China and see what is due," Nasheed said.