on August 1, 2026 at 9:11 am FCNR deposits from Indian diaspora in UAE come in big; some say flow could be bigger​

UAE is poised to spearhead India’s special FCNR(B) deposit scheme, with enticing dollar rates and beneficial tax incentives attracting considerable client interest. Bank officials project that more than ten billion dollars have already been sourced from the UAE. Although operational limitations for bank representatives create hurdles, the robust Indian expatriate community plays a vital role in enhancing contributions to this initiative.

UAE is poised to spearhead India’s special FCNR(B) deposit scheme, with enticing dollar rates and beneficial tax incentives attracting considerable client interest. Bank officials project that more than ten billion dollars have already been sourced from the UAE. Although operational limitations for bank representatives create hurdles, the robust Indian expatriate community plays a vital role in enhancing contributions to this initiative.

on August 1, 2026 at 9:05 am IndiGo's Rahul Bhatia urges govt to cut taxes, airport charges to lower airfares​

In a recent appeal, IndiGo’s Managing Director has urged the government to review and lower aviation taxes and airport charges. He emphasized that reducing fares could unlock significant travel demand within India’s budget-conscious consumer base. Airlines have managed slight fare increases over the last three years, but airport costs have escalated dramatically. Collaboration is crucial for developing a competitive aviation landscape.

In a recent appeal, IndiGo’s Managing Director has urged the government to review and lower aviation taxes and airport charges. He emphasized that reducing fares could unlock significant travel demand within India’s budget-conscious consumer base. Airlines have managed slight fare increases over the last three years, but airport costs have escalated dramatically. Collaboration is crucial for developing a competitive aviation landscape.

on August 1, 2026 at 9:02 am ‘Domestic funds own over 20% of Indian companies, FPIs 17%’​

​The continuous selling of Indian stocks by FPIs for nearly two years has impacted the ownership structure for this group of investors. On the other hand, DIIs, especially the mutual funds that were flush with funds through the systematic investment plans (SIPs), absorbed the selling, providing a much-needed stability to leading domestic indices.

​The continuous selling of Indian stocks by FPIs for nearly two years has impacted the ownership structure for this group of investors. On the other hand, DIIs, especially the mutual funds that were flush with funds through the systematic investment plans (SIPs), absorbed the selling, providing a much-needed stability to leading domestic indices.

on July 31, 2026 at 3:17 pm U.A.E. Changes How It Prices Its Crude Oil Grades​Giulia Petroni

The United Arab Emirates’ state-oil company said that it will base its official selling prices on the prompt-month Platts Dubai benchmark starting from Nov. 1.

The United Arab Emirates’ state-oil company said that it will base its official selling prices on the prompt-month Platts Dubai benchmark starting from Nov. 1.

on July 31, 2026 at 3:14 pm Why Did Thousands of Migrants Enter a Tiny Spanish Exclave in Africa?​James Hookway

Here is what to know about the incident that could become a protracted crisis as Europe is already on edge over migration.

Here is what to know about the incident that could become a protracted crisis as Europe is already on edge over migration.