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MALDIVES GOVERNMENT
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
India cuts windfall tax on diesel, raises petrol tax from JulyIndia has adjusted its windfall taxes on fuel exports, slashing duties on diesel and aviation fuel while increasing the tax on petrol expor...
Parliamentary panel moots higher education spending, says NEP's 6% GDP target unmetA parliamentary committee has flagged current higher education funding as inadequate. It urges an increase to six percent of GDP, aligning ...
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...
Indians among tourists from 40 nations eligible for free on-arrival visas in Sri LankaSri Lanka is offering free 30-day visas on arrival for tourists from 40 nations. Indian travelers are among those who will benefit from thi...
India targets $1 trillion exports in FY27 as FTAs come into effect, says GoyalWith an eye on reaching $1 trillion in exports by FY27, India is launching into a new era of trade. The upcoming implementation of various ...
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 summer travel shock: Flight tickets to Europe, Leh, Singapore see massive surgeIndian travellers are seeing airfares soar by 40-50% on many routes. This surge is driven by rising jet fuel costs and fewer available seat...
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 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...
Maldives government asks India why its coast guard boarded 3 fishing boatsThe Maldives government has asked for clarification regarding the Indian coast guard personnel boarding three Maldivian fishing vessels ope...
Maldives govt dilutes ties with India further by not renewing Hydrographic PactThe new Maldives government has decided it will not renew an agreement signed with India that sought cooperation for conducting hydrographi...
- Maldives government has authority to take back airport from GMR, rules Singapore Court of Appeal
Maldives asserted that it will go ahead with the takeover of the Male International Airport from GMR Infrastructure.
Axis sends notice to Maldives govt, bank aims to recover $350 mn lent to GMR Infra for Male AirportAxis Bank has sent a legal notice to the Maldives government to recover its $350 million loan given to GMR Infrastructure.
- China wants to work closely with Maldives govt: Foreign Office
In its first comments on the Maldives' political crisis, China today said it would like to work closely with the government in Male and pus...
- Maldives government to honour all deals with foreign companies
The Maldives government on Monday committed to honour all business agreements with foreign companies that wish to invest in the country.