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		<title>The first international concert from abroad in 2026 and the 2nd consecutive year of the monthly Carnatic Music concert series of the International Chamber, Parakkadathu Koyickal Trust, Tripunithura, Kerala, have been hosted from OHIO, U.S.A. Vocal Sangeetha Vidushi Ms. Dhivya Senthil Murugan, Violinist Ms. Medha Lalyt Iyer, and Mridangam Vidwan Sri Lalit Subramanian have accompanied on 13-02-2026 from OHIO, USA.</title>
		<link>http://thegulfindians.com/the-first-international-concert-from-abroad-in-2026-and-the-2nd-consecutive-year-of-the-monthly-carnatic-music-concert-series-of-the-international-chamber-parakkadathu-koyickal-trust-tripunithura-k/</link>
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		<pubDate>Sun, 22 Mar 2026 17:11:10 +0000</pubDate>
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					<description><![CDATA[<p>SRUTHI MATHAA… LAYA PITHAA… The International Chamber for Indian Music &#38; Culture, an international initiative of Parakkadathu Koyickal Trust, Tripunithura, Kerala, has hosted the 2nd consecutive year and the first international concert from abroad in 2026, a monthly concert from OHIO, U.S.A. The International Chamber for Indian Music &#38; Culture is an international initiative of</p>
<p>The post <a href="http://thegulfindians.com/the-first-international-concert-from-abroad-in-2026-and-the-2nd-consecutive-year-of-the-monthly-carnatic-music-concert-series-of-the-international-chamber-parakkadathu-koyickal-trust-tripunithura-k/">The first international concert from abroad in 2026 and the 2nd consecutive year of the monthly Carnatic Music concert series of the International Chamber, Parakkadathu Koyickal Trust, Tripunithura, Kerala, have been hosted from OHIO, U.S.A. Vocal Sangeetha Vidushi Ms. Dhivya Senthil Murugan, Violinist Ms. Medha Lalyt Iyer, and Mridangam Vidwan Sri Lalit Subramanian have accompanied on 13-02-2026 from OHIO, USA.</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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										<content:encoded><![CDATA[<p>SRUTHI MATHAA… LAYA PITHAA… The International Chamber for Indian Music &amp; Culture, an international initiative of Parakkadathu Koyickal Trust, Tripunithura, Kerala, has hosted the 2nd consecutive year and the first international concert from abroad in 2026, a monthly concert from OHIO, U.S.A. The International Chamber for Indian Music &amp; Culture is an international initiative of Parakkadathu Koyickal Trust, Tripunithura, Kerala, to promote Carnatic music internationally and which is affiliated with Kerala Sangeetha Nataka Akademi, the Govt. of Kerala, and functioning from Tripunithura, the Royal City of Kerala, since 2013.</p>
<p>In March, the monthly concert was performed by Sangeetha Vidushi Ms. hosted from Ohio, USA. the young and talented Violinist Ms. Medha Lalyit Iyer was accompanied on Violin and the Mridangam Maestro Sri. Lalit Subramanian was accompanied on Mridangam</p>
<p>From the International Chamber, Parakkadathu Koyickal Trust, Smt. Priya Varma has delivered the welcome address; Sri. KP Raj Mohan Varma, the vice chairman, has delivered the keynote address; Tripunithura Aasthana Vidwan Dr. Jayaprakasha Sharma, head of the Department of Arts &amp; Literature, has delivered the felicitation speech; and Sri. PK Sajith Kumar Varma, the international coordinator, has delivered the vote of thanks.</p>
<p>These monthly concerts are focused to promote and propagate Carnatic Music along with Music Veterans, promoting Talented, upcoming and amateur Musicians and Artists Internationally. Each monthly programme will be telecasted through various Media and Channels of India and abroad. The Recorded Link of the concert also will be circulated internationally Including various <strong>Music Colleges, Music Academies, Department Authorities, Music Institutes, Sangeetha Sabhas, Music Trusts,  Fine Arts Societies &amp; Reputed Music Organizations and Music Teachers in India and Internationally.  </strong>PK Koyickal Trust International Chamber will be rewarded and recognized each Artists with Participating Certificates.</p>
<p>The concerts are designed in alternative months to provide opportunities to the Artists to participate from India and abroad. The International Monthly Concerts will be organizing on EVERY 2<sup>nd</sup> FRIDAYS, the special day of Goddesses Durga Devvi, Lakshmi Devi and Saraswathy Devi. www.pkkoyickaltrust.com</p>
<p><a href="http://www.pkkoyickaltrust.com">www.pkkoyickaltrust.com</a></p>
<p>The post <a href="http://thegulfindians.com/the-first-international-concert-from-abroad-in-2026-and-the-2nd-consecutive-year-of-the-monthly-carnatic-music-concert-series-of-the-international-chamber-parakkadathu-koyickal-trust-tripunithura-k/">The first international concert from abroad in 2026 and the 2nd consecutive year of the monthly Carnatic Music concert series of the International Chamber, Parakkadathu Koyickal Trust, Tripunithura, Kerala, have been hosted from OHIO, U.S.A. Vocal Sangeetha Vidushi Ms. Dhivya Senthil Murugan, Violinist Ms. Medha Lalyt Iyer, and Mridangam Vidwan Sri Lalit Subramanian have accompanied on 13-02-2026 from OHIO, USA.</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Crowe Mak Ghazali Founder Dr.Davis Kallukaran features in list of top 10 Chartered Accountants in Kerala</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 16 Mar 2026 12:09:21 +0000</pubDate>
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					<description><![CDATA[<p>Kochi: A prominent NRI who is known for his corporate finance expertise and association with the Indo Gulf and Middle East Chamber of Commerce has made it to the list of top 10 chartered accountants in the south Indian state of Kerala. Dr.Davis Kallukaran, the Founder and Managing Partner of Muscat-based Crowe Mak Ghazali Chartered</p>
<p>The post <a href="http://thegulfindians.com/crowe-mak-ghazali-founder-davis-kallukaran-features-in-list-of-top-10-chartered-accountants-in-kerala/">Crowe Mak Ghazali Founder Dr.Davis Kallukaran features in list of top 10 Chartered Accountants in Kerala</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Kochi: A prominent NRI who is known for his corporate finance expertise and association with the Indo Gulf and Middle East Chamber of Commerce has made it to the list of top 10 chartered accountants in the south Indian state of Kerala. Dr.Davis Kallukaran, the Founder and Managing Partner of Muscat-based Crowe Mak Ghazali Chartered Accountants, features prominently in the seventh position in the distinguished list brought out by the Institute of Chartered Accountants of India (ICAI), the apex body of tax practitioners in India.</p>
<p>Davis has vast experience in accounting, auditing, management, and IT Consultancy, and his company is one of the top 10 audit firms in the Sultanate of Oman. A Fellow of the ICAI, he was co-opted to the International Affairs Committee of the ICAI Council, New Delhi (2007–08). He also served as the Founding Chairman of the Muscat Chapter of the Institute from 2008 to 2009 and is a certified member of the Institute of Certified Fraud Examiners.</p>
<p>A regular columnist for The Times of Oman on tax-related affairs, Davis has co-authored a book on taxation of NRIs and has represented his firm at several global conferences. In recognition of his outstanding global contributions, he was bestowed with the Pinnacle Award — the highest recognition from Crowe Horwath, one of the top ten accounting networks in the world.</p>
<p>Among the top 10 chartered accountants in Kerala, the late CA P A Nair’s name appears in the first position, and it was he who signed the membership certificate of Davis in 1986. The other names include the late T Velu Pillai, K Raghavan Nair, Varma &amp; Varma. Venugopal C Govind, Sreejith Kuniyil, P D Vijayrajan, M V Korah, and S Prabhakaran.</p>
<p>&nbsp;</p>
<p>The post <a href="http://thegulfindians.com/crowe-mak-ghazali-founder-davis-kallukaran-features-in-list-of-top-10-chartered-accountants-in-kerala/">Crowe Mak Ghazali Founder Dr.Davis Kallukaran features in list of top 10 Chartered Accountants in Kerala</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>High-level CEPA seminar gives fillip to Oman-India economic ties</title>
		<link>http://thegulfindians.com/high-level-cepa-seminar-gives-fillip-to-oman-india-economic-ties/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Sun, 08 Mar 2026 16:26:21 +0000</pubDate>
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					<description><![CDATA[<p>KOCHI: The significance of the Comprehensive Economic Partnership Agreement (CEPA) as a catalyst to boost trade flows, investments, and sectoral collaboration between the Sultanate of Oman and India was explored during a high-level seminar held in Kochi, India, on February 26. Entitled “Leveraging the India–Oman Comprehensive Economic Partnership Agreement (CEPA)”, the event was held at</p>
<p>The post <a href="http://thegulfindians.com/high-level-cepa-seminar-gives-fillip-to-oman-india-economic-ties/">High-level CEPA seminar gives fillip to Oman-India economic ties</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>KOCHI: The significance of the Comprehensive Economic Partnership Agreement (CEPA) as a catalyst to boost trade flows, investments, and sectoral collaboration between the Sultanate of Oman and India was explored during a high-level seminar held in Kochi, India, on February 26. Entitled “Leveraging the India–Oman Comprehensive Economic Partnership Agreement (CEPA)”, the event was held at the Vivanta by Taj located in the commercial hub of the southern state of Kerala. It was attended by senior government officials, diplomats, policy experts, and leading business representatives from both countries.</p>
<p>The event was virtually graced by HE GV Srinivas, Ambassador of India to the Sultanate of Oman, and HE Mahboob Issa Alraisi, Consul General of the Sultanate of Oman in Mumbai. The dignitaries underscored the historic Indo-Omani bilateral relationship and sought to explore strategic trade and investment opportunities under the CEPA framework.</p>
<p>Board Member of the Oman Chamber of Commerce and Industry (OCCI) and Chairman of the Foreign Investment Committee, Abdul Latheef Uppala, emphasised the Sultanate’s investor-friendly regulatory environment and expanding opportunities across logistics, manufacturing, healthcare, and infrastructure sectors.</p>
<p><img fetchpriority="high" decoding="async" class="alignnone  wp-image-43559" src="http://thegulfindians.com/wp-content/uploads/2026/03/Inaugural-Session-300x200.jpg" alt="" width="1244" height="829" srcset="http://thegulfindians.com/wp-content/uploads/2026/03/Inaugural-Session-300x200.jpg 300w, http://thegulfindians.com/wp-content/uploads/2026/03/Inaugural-Session-768x512.jpg 768w, http://thegulfindians.com/wp-content/uploads/2026/03/Inaugural-Session-600x400.jpg 600w, http://thegulfindians.com/wp-content/uploads/2026/03/Inaugural-Session.jpg 1024w" sizes="(max-width: 1244px) 100vw, 1244px" /></p>
<p>Davis Kallukaran, Deputy Chairman, Foreign Investment Committee, OCCI, moderated the panel discussion on ‘India–Oman Trade and Investment Opportunities under CEPA. The distinguished panelists included Dr P Mohamed Ali, Founder, Galfar Group; Dr MI Sahadulla, Group Chairman &amp; Managing Director, KIMS Health; Dr Siddeek Ahmed, Chairman &amp; Managing Director, Eram Group; Abdul Latheef Uppala; Sheraz Anwar, Director, Abad Group; and Anirudh Sankar, Senior Official, DGFT Kochi.</p>
<p>The panel deliberated on sector-specific collaboration in infrastructure development, healthcare services, industrial partnerships, export facilitation, and regulatory alignment. It also highlighted practical pathways for strengthening private-sector engagement between both countries.</p>
<p><img decoding="async" class="alignnone  wp-image-43560" src="http://thegulfindians.com/wp-content/uploads/2026/03/MIDH3853-300x200.jpg" alt="" width="1463" height="975" srcset="http://thegulfindians.com/wp-content/uploads/2026/03/MIDH3853-300x200.jpg 300w, http://thegulfindians.com/wp-content/uploads/2026/03/MIDH3853-768x512.jpg 768w, http://thegulfindians.com/wp-content/uploads/2026/03/MIDH3853-600x400.jpg 600w, http://thegulfindians.com/wp-content/uploads/2026/03/MIDH3853.jpg 1024w" sizes="(max-width: 1463px) 100vw, 1463px" /></p>
<p>There were presentations by Dr Yousuf Hamad Al-Balushi, Economic Advisor &amp; Research Analyst, Oman, and  Yarub Nasser Al Siyabi, Specialist at OPAZ. They highlighted priority sectors under Vision 2040 and significant investment potential within Duqm and other strategic economic zones. Technical presentations by experts Dr James Nedumpara, Professor and Head CTIL; Ridhish Rajvanshi, Senior Research Fellow; and Tathagata Choudhury from the Centre for Trade and Investment Law (CTIL) of the Ministry of Commerce and Industry, Government of India; provided clarity on tariff concessions, market access for services, digital trade provisions, and export promotion mechanisms that come under the pact.</p>
<p>Dr P Mohamed Ali, Chancellor of the National University of Science and Technology, Oman, in his message, emphasised the need for continuous engagement on CEPA to understand the terminologies to ensure a quantum jump in bilateral trade, services, and investments.</p>
<p><img decoding="async" class="alignnone  wp-image-43561" src="http://thegulfindians.com/wp-content/uploads/2026/03/OPAZ-Presentation-300x200.jpg" alt="" width="1271" height="847" srcset="http://thegulfindians.com/wp-content/uploads/2026/03/OPAZ-Presentation-300x200.jpg 300w, http://thegulfindians.com/wp-content/uploads/2026/03/OPAZ-Presentation-768x512.jpg 768w, http://thegulfindians.com/wp-content/uploads/2026/03/OPAZ-Presentation-600x400.jpg 600w, http://thegulfindians.com/wp-content/uploads/2026/03/OPAZ-Presentation.jpg 1024w" sizes="(max-width: 1271px) 100vw, 1271px" /></p>
<p>The seminar concluded with an interactive question-and-answer session followed by a business networking engagement.</p>
<p>The programme was jointly organised by the Federation of Indian Chamber of Commerce &amp; Industry (FICCI), Kerala State Council, the Indo Gulf and Middle East Chamber of Commerce (INMECC), The foreign investment committee of Oman Chamber of Commerce and Industry and the Centre for Trade and Investment law (CTIL) of the Ministry of Commerce and Industry, Government of India.</p>
<p>The Oman delegation was headed by Abdul Latheef Uppala, and it included Ahmed Ali Al Akkak, CEO SEZD; Yaqub Nasser Khamis Al Siyabi from OPAZ; Dr Yousuf Hamad Al Balushi; Al Yaqadhan Al Shukaili from Smart Investment Gateway, Davis Kallukaran; and Jim Joseph, Partner, Audit and Corporate Finance from Crowe Oman.</p>
<p>&nbsp;</p>
<p>The post <a href="http://thegulfindians.com/high-level-cepa-seminar-gives-fillip-to-oman-india-economic-ties/">High-level CEPA seminar gives fillip to Oman-India economic ties</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Business seminar to throw light on new India-Oman trade pact</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 23 Feb 2026 23:03:36 +0000</pubDate>
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					<description><![CDATA[<p>Kochi: A business seminar aimed at providing exporters and the business community with insights into the provisions and benefits of the recently signed India–Oman Comprehensive Economic Partnership Agreement (CEPA) will be held in Kochi at the Vivanta by Taj on February 26 at 10 am. The event is being hosted by the Federation of Indian</p>
<p>The post <a href="http://thegulfindians.com/business-seminar-to-throw-light-on-new-india-oman-trade-pact/">Business seminar to throw light on new India-Oman trade pact</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Kochi: A business seminar aimed at providing exporters and the business community with insights into the provisions and benefits of the recently signed India–Oman Comprehensive Economic Partnership Agreement (CEPA) will be held in Kochi at the Vivanta by Taj on February 26 at 10 am. The event is being hosted by the Federation of Indian Chambers of Commerce and Industries (FICCI) Kerala State Council , in partnership with the Foreign Investment Committee of Oman Chamber of Commerce and Industry (OCCI), the Indo Gulf Middle East Chamber of Commerce (INMECC), CTIL, Ministry of Commerce, and the Industries Department of the Government of Kerala.</p>
<p>OCCI board member and head of the Omani delegation Abdul Latheef Uppala said, “The seminar will highlight trade and investment opportunities under the agreement. It will also enable stakeholders to explore partnerships and expand their global footprint.” Indian Ambassador to Oman HE G V Srinivas, senior Union and State Government officials, office bearers of the Centre for trade and Investment Law under the Central Ministry of Commerce, eminent industrialists and key personalities from the Indian and Omani business fraternity will address the gathering.</p>
<p>“The India–Oman Comprehensive Economic Partnership Agreement (CEPA), signed on December 18, 2025, marks a significant milestone in strengthening bilateral economic ties between India and Oman,” said Dr Davis Kallukaran, Managing Partner of Crowe Oman Auditors and Business Advisors. “The agreement is expected to substantially enhance trade flows, promote investments, and create new avenues of collaboration across key sectors.”</p>
<p>“The CEPA provides significant tariff reductions and improved market access, while reinforcing Oman’s strategic role as a gateway to the GCC region, Central Asia, and East Africa. The agreement opens up promising opportunities in sectors such as IT, Healthcare, Education, Oil &amp; Natural Gas, Food Processing, Logistics, Tourism, and more. It is also expected to catalyse two-way investments and foster stronger economic cooperation between the two nations, Dr Davis added.</p>
<p>Business leaders from both India and the Sultanate of Oman are slated to attend the event.</p>
<p>&nbsp;</p>
<p>The post <a href="http://thegulfindians.com/business-seminar-to-throw-light-on-new-india-oman-trade-pact/">Business seminar to throw light on new India-Oman trade pact</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>SRUTHI MATHA &#8211;  LAYA PITHA the 2nd Year Inaugural Concert of the monthly concert series of International Chamber, PK Koyickal Trust has been hosted from Thiruvananthapuram, KERALA. Tripunithura Aasthana Vidwan Prof. S Easwara Varma  and Dr. Vrinda Varma performed VIOLIN DUET concert on 13-02-2026.</title>
		<link>http://thegulfindians.com/sruthi-matha-laya-pitha-the-2nd-year-inaugural-concert-of-the-monthly-concert-series-of-international-chamber-pk-koyickal-trust-has-been-hosted-from-thiruvananthapuram-kerala-tripunithura-a/</link>
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		<pubDate>Sun, 15 Feb 2026 12:05:06 +0000</pubDate>
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					<description><![CDATA[<p>The International Chamber for Indian Music &#38; Culture, an international initiatives of Parakkadathu Koyickal Trust, Tripunithura has hosted 2026 Inaugural Concert &#8211; SRUTHI MATHAA .. LAYA PITHAA, the monthly concert. The monthly concerts we have started in 2025 and this is the 2nd consecutive year to continue the monthly concert series – SRUTHI MATHAA.. LAYA</p>
<p>The post <a href="http://thegulfindians.com/sruthi-matha-laya-pitha-the-2nd-year-inaugural-concert-of-the-monthly-concert-series-of-international-chamber-pk-koyickal-trust-has-been-hosted-from-thiruvananthapuram-kerala-tripunithura-a/">SRUTHI MATHA &#8211;  LAYA PITHA the 2nd Year Inaugural Concert of the monthly concert series of International Chamber, PK Koyickal Trust has been hosted from Thiruvananthapuram, KERALA. Tripunithura Aasthana Vidwan Prof. S Easwara Varma  and Dr. Vrinda Varma performed VIOLIN DUET concert on 13-02-2026.</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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										<content:encoded><![CDATA[<p>The International Chamber for Indian Music &amp; Culture, an international initiatives of Parakkadathu Koyickal Trust, Tripunithura has hosted 2026 Inaugural Concert &#8211; SRUTHI MATHAA .. LAYA PITHAA, the monthly concert. The monthly concerts we have started in 2025 and this is the 2<sup>nd</sup> consecutive year to continue the monthly concert series – SRUTHI MATHAA.. LAYA PITHA. International Chamber for Indian Music &amp; Culture is an international initiative of Parakkadathu Koyickal Trust, Tripunithura, Kerala and which is affiliated with Kerala Sangeetha Nataka Akademi, the Govt. of Kerala and functioning from Tripunithura, The Royal City of Kerala since 2013.</p>
<p>Tripunithura Aasthana Vidwan (Violin) Prof.S Easwara Varma and Violin Vidushi Dr. Vrinda Varma have been performed Violin Duet Concert from Thiruvananthapuram, Kerala.  The facmous accompaniment artists for Mridangam Vidwan Sri. Nanjil A R Arul,  for Ghatom Vidwan Sri Adichanalloor M Anilkumar and for Morsing Vidwan Sri. Thamarakkudi Rajasekharan participated in the concert.</p>
<p>During the Inaugural Ceremony, from International Chamber, PK Koyickal Trust, Sri. KP Raj Mohan Varma, Vice Chairman has delivered Welcome Address, Tripunithura Aasthana Vidwan Sri. Tripunithura N Radhakrishnan, the Chief Advisory Board Member has delivered Keynote Address, Tripunithura Aasthana Vidwan Sri. Nedumangad Sivanandan, the Chief Advisory Board Member has delivered Special Address, Sri, M V Sunil, the President of Sree Poornathrayeesha Sangeetha Sabha and Sri. K Anand, the Managing Trustee of Sri. Adi Sankara Trust have delivered Felicitation Speech and Sri. PK Sajith Kumar Varma, the International Coordinator of International Chamber, PK Koyickal Trust has delivered Vote of Thanks.</p>
<p>These monthly concerts are focused to promote and propagate Carnatic Music along with Music Veterans, promoting Talented, upcoming and amateur Musicians and Artists Internationally. Each monthly programme will be telecasted through various Media and Channels of India and abroad. The Recorded Link of the concert also will be circulated internationally Including various <strong>Music Colleges, Music Academies, Department Authorities, Music Institutes, Sangeetha Sabhas, Music Trusts,  Fine Arts Societies &amp; Reputed Music Organizations and Music Teachers in India and Internationally.  </strong>PK Koyickal Trust International Chamber will be rewarded and recognized each Artists with Participating Certificates.</p>
<p>The concerts are designed in alternative months to provide opportunities to the Artists to participate from India and abroad. The International Monthly Concerts will be organizing on EVERY 2<sup>nd</sup> FRIDAYS, the special day of Goddesses Durga Devvi, Lakshmi Devi and Saraswathy Devi.</p>
<p><a href="http://www.pkkoyickaltrust.com">www.pkkoyickaltrust.com</a></p>
<p>The post <a href="http://thegulfindians.com/sruthi-matha-laya-pitha-the-2nd-year-inaugural-concert-of-the-monthly-concert-series-of-international-chamber-pk-koyickal-trust-has-been-hosted-from-thiruvananthapuram-kerala-tripunithura-a/">SRUTHI MATHA &#8211;  LAYA PITHA the 2nd Year Inaugural Concert of the monthly concert series of International Chamber, PK Koyickal Trust has been hosted from Thiruvananthapuram, KERALA. Tripunithura Aasthana Vidwan Prof. S Easwara Varma  and Dr. Vrinda Varma performed VIOLIN DUET concert on 13-02-2026.</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>India Budget</title>
		<link>http://thegulfindians.com/india-budget/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Sun, 01 Feb 2026 11:47:56 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Financial Planning]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[TRADE]]></category>
		<guid isPermaLink="false">https://thegulfindians.com/?p=43539</guid>

					<description><![CDATA[<p>India Union Budget was sector diversified and considering the increasing global economic challenges, the India Government has attracted industries, private sector business class and investors to join hands including Public Private Partnerships (PPP) and focusing to reach the target of “Vikasit Bharat” in the year of 2047. The Budget touched from the Micro Industry level</p>
<p>The post <a href="http://thegulfindians.com/india-budget/">India Budget</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<figure id="attachment_43543" aria-describedby="caption-attachment-43543" style="width: 129px" class="wp-caption alignleft"><img loading="lazy" decoding="async" class="wp-image-43543" src="http://thegulfindians.com/wp-content/uploads/2026/02/Sajith-Kumar.jpg" alt="Sajithkumar P. K" width="129" height="158" /><figcaption id="caption-attachment-43543" class="wp-caption-text">Sajithkumar P. K</figcaption></figure>
<p>India Union Budget was sector diversified and considering the increasing global economic challenges, the India Government has attracted industries, private sector business class and investors to join hands including Public Private Partnerships (PPP) and focusing to reach the target of “Vikasit Bharat” in the year of 2047. The Budget touched from the Micro Industry level (MSME) to the Infrastructure Development level and that will support to make self-sustainable growth of India.</p>
<p>The budget is also supportive for India-Gulf and India-Europe newly signed Agreements in 2026. Accordingly, the budget is emphasizing more on Innovations, MSME and Startups Businesses in villages and cities across India. The budget is targeting to empower young entrepreneurs and create more jobs in different industries and sectors by integrating AI and Engineering Technologies.</p>
<p>Indian Expats are getting benefits from Tax exemptions, decriminalizing the non-declaration of foreign Assets and filing extensions, buying properties and investments in India more easily. The Budget aims to support NRIs to bring their foreign savings to India and this will be helpful for long term growth of India.</p>
<p>NRIs will get more investment opportunities to Indian Stock Markets through RBI regulated Portfolio Investment Scheme (PIS) Account. The Budget has increased the NRI investment limit of each company from 5% to 10% in the Stock Market.. The limit of various investments to India from PROI category Indians has increased to more than doubled. Now Indian expats can invest to India and repatriate easily through the Budget announcement. Indian expats can also own land and houses easily.</p>
<p>India expats will get opportunity to start MSME and STARTUP business in India and Internationally based on the India &#8211; Gulf and India &#8211; Europe agreements..</p>
<p>Budget is also taken measures to reduce unwanted speculations in the Stock Markets by increasing Securities Transaction Tax (STT) for Futures &amp; Options Traansactions. It was not supportive for Investors and the Indian Stock Markets went down after the Budget Session.</p>
<p>The post <a href="http://thegulfindians.com/india-budget/">India Budget</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Directory to be Published by end of this year.</title>
		<link>http://thegulfindians.com/directory-to-be-published-by-end-of-this-year/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Sat, 31 Jan 2026 12:09:21 +0000</pubDate>
				<category><![CDATA[Gulf]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Oman]]></category>
		<guid isPermaLink="false">https://thegulfindians.com/?p=43536</guid>

					<description><![CDATA[<p>MUSCAT: The ‘Who’s Who of Oman Indian s’, which will include detailed information on prominent Indian and organisations of all linguistic group across all the states of India in the Sultanate of Oman, will be published in print, online and video formats. The formation, history, founders and current members of the governing body of organisations</p>
<p>The post <a href="http://thegulfindians.com/directory-to-be-published-by-end-of-this-year/">Directory to be Published by end of this year.</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>MUSCAT: The ‘Who’s Who of Oman Indian s’, which will include detailed information on prominent Indian and organisations of all linguistic group across all the states of India in the Sultanate of Oman, will be published in print, online and video formats.</p>
<p>The formation, history, founders and current members of the governing body of organisations and institutions led by our people, including educational institutions, clubs, and so on, will also be included in this directory. The book will also contain brief biographies of 3,000 prominent Indian working in various fields, along with their photos, and information such as contact address, phone number, and email.</p>
<p>The directory features prominent people across 30 categories, including government-private sector, sports, media, medicine, banking, education, insurance, engineering, construction, manpower, hospitality, automobiles, travel and tourism, cargo-shipping, hotels and restaurants, real estate, jewellery, trading, social work, and art and literature.</p>
<p>The work of the similar reference book Who&#8217;s who of Oman Malayies is almost done and set to be published by July 2025;is under the patronage of the following patrons: National University of Science and Technology Chairman and Galfar Engineering and Contracting Company Founder Dr. P. Mohamed Ali, the Chief Patron; Abdul Latheef, Managing Director of Badr Al Sama Group of Hospitals and Polyclinics and Board Member of Oman Chamber of Commerce and Industry; P.N.C. Menon, Founder and Chairman of Shobha Group; Dr. Thomas Alexander, Founder and Chief Executive Director of Al Adrak Trading and Contracting Company LLC; Mohammed Ashraf M.A. is the Founder, Chairman, and Managing Director of Shahi Foods &amp; Spices LLC; Abraham Raju, Managing Director of Sohar Shipping Transport and Trading Agencies; Mohamed Ameen Sait, Managing Director of Sea Pride LLC; Dr. Renchi Mathew Kurian, Senior Consultant Physician, Royal Oman Police Hospital; Dr. Davis Kallukaran, Managing Partner of Crowe Oman; Abdul Vahid A. K., Managing Director of K. V. Group International; Rajan Paul, Managing Director of Middle East Oil Field Service LLC and Xavi Thekketh, Managing Director of Pipeline Supply Company LLC.</p>
<p>This exhaustive endeavour is spearheaded by Excellence Global Middle East LLC (Oman), which is part of Excellence Global FZC LLC, UAE, the publisher of a number of books and magazines focussing on a wide spectrum of specialised areas. It has also published reference books on Malayalis in foreign countries and various states of India for the past 30 years.</p>
<p>Excellence Global Managing Director P. Sukumaran said that the 1,200-page reference book in English will be an authoritative document on our Indian working in all sectors of Oman. You can freely add information to the upcoming directory.</p>
<p>Those who wish to include their names and information can contact the following numbers: 9882 6147; 9595 8066; 9706 2419 or write to us: info@globalindians.directory.<br />
our website:<br />
<a href="https://malayali.directory/">https://malayali.directory/</a><br />
<a href="https://globalindians.directory">https://globalindians.directory</a></p>
<p>The post <a href="http://thegulfindians.com/directory-to-be-published-by-end-of-this-year/">Directory to be Published by end of this year.</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>The Supreme Court becomes Pro-People on Aravalli Hills and Ranges</title>
		<link>http://thegulfindians.com/the-supreme-court-becomes-pro-people-on-aravalli-hills-and-ranges/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Sat, 03 Jan 2026 21:34:49 +0000</pubDate>
				<category><![CDATA[Columns]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Joseph Maliakan]]></category>
		<guid isPermaLink="false">https://thegulfindians.com/?p=43524</guid>

					<description><![CDATA[<p>By Joseph Maliakan The Supreme Court on 29 December 2025 in an unprecedented but welcome move suo moto stayed its on  20 November order on the definition of the Aravalli Hills and Ranges. The November ruling had accepted an elevation based definition proposed by the Union Goverment which caused widespread concern among the people of</p>
<p>The post <a href="http://thegulfindians.com/the-supreme-court-becomes-pro-people-on-aravalli-hills-and-ranges/">The Supreme Court becomes Pro-People on Aravalli Hills and Ranges</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><em>By Joseph Maliakan</em></p>
<p>The Supreme Court on 29 December 2025 in an unprecedented but welcome move suo moto stayed its on  20 November order on the definition of the Aravalli Hills and Ranges. The November ruling had accepted an elevation based definition proposed by the Union Goverment which caused widespread concern among the people of the affected States of Gujarat, Rajasthan, Haryana and Delhi.</p>
<p>The 20 November order had to the consternation of the people of the four states and the environmental as well as legal experts had adopted a very narrow definition classifying only landforms with an elevation of 100 metres or more above local relief as &#8221; Aravalli Hills &#8221;</p>
<p>Following widespread protests across the four states irrespective of  party or caste affiliations the Supreme Court perhaps for the first time took note of public concerns  and acknowledged the need for clarification on whether the naarow definition ( 100 metres elevation ) would exclude ecologically fragile areas allowing unregulated mining as well as bilding construction in between the Aravalli Hills.</p>
<p>According to the  latest SC order a High Powered independent Committe consisting of experts in various fields is to be formed to redefine the Aravalli Hills considering all aspects of its ecological and environmental impact andress various ambiguities with regard to the Union laws and state laws for the protection and preservation of environmental and ecological balance essential for sustainable development .</p>
<p>The stay order means that no irreversible administrative or ecological actions can be taken by any authority including Union and state governments based on the framework upheld by the Supreme Court on 20 November.</p>
<p><img loading="lazy" decoding="async" class="alignnone  wp-image-43527" src="http://thegulfindians.com/wp-content/uploads/2026/01/Aravalli-1-300x200.jpg" alt="" width="888" height="592" srcset="http://thegulfindians.com/wp-content/uploads/2026/01/Aravalli-1-300x200.jpg 300w, http://thegulfindians.com/wp-content/uploads/2026/01/Aravalli-1-1024x683.jpg 1024w, http://thegulfindians.com/wp-content/uploads/2026/01/Aravalli-1-768x512.jpg 768w, http://thegulfindians.com/wp-content/uploads/2026/01/Aravalli-1-1536x1024.jpg 1536w, http://thegulfindians.com/wp-content/uploads/2026/01/Aravalli-1-2048x1366.jpg 2048w, http://thegulfindians.com/wp-content/uploads/2026/01/Aravalli-1-600x400.jpg 600w" sizes="(max-width: 888px) 100vw, 888px" /></p>
<p>Untill the matter is resolved there will be a moratorium on the grant of any new mining leases or renewal of old ones across the entire Aravalli landscape in Delhi, Haryana, Rajasthan and Gujarat. Existing legal.mining could be carried out only under strict regulations.</p>
<p>The 20 November 2025 judgement was aimed at laying down a uniform definition of the  740 kilometre long Aravalli Ranges across the states to curb rampant illegal.mining. It also directed the Ministry of Environment , Forest and Climare Change ( MoEF&amp;CC ) to prepare a Management Plan for Sustainable Mining ( MPSM ) .</p>
<p>However, the narrow 100 metres hight criterion specified for the Aravalli Hills became the subject of widespread protests and criticism. The 100 metres height criterion would have rendered 90 percent of the small hills of the Aravalli Ranges and low lying areas without the protection of the environmental laws, which are ecologically essential for preventing further desertification and recharging ground water.</p>
<p>The SC had in its 20 Novenber order had simply without applying it&#8217;s mind accepted the recommendations of the Union Ministry of Environment , Forest and Climate Change on the definition of the Aravalli Hills and Ranges to protect the world&#8217;s oldest mountain system.</p>
<p>The Committe had recommended that &#8220;Aravalli Hills &#8221; be defined as any landform in designated Aravalli dtstricts with an elevation of 100 metres or more above its local relief , and an &#8221; Aravalli Range&#8221; will be a collection of two or more such hills within 500 metres of each other. This narrow definition ecologists, environmentalists the affected ordinary people pointed out will open up lage areas of the ecologically fragile moutain ecosystem to mining and real estate development which have already caused irreparable damage .</p>
<p>The Union Goverment it was further pointed out made the new narrow definition of hills and ranges without any scientific and ecological studies or public consultation. Therefore if the new definition was accepted it will destroy large parts of the Aravalli Hills and Ranges through granite and sand mining and real estate development environmentalists argued.</p>
<p>According to eminent Environmentalist Bhavreen Kandhari the manner in which illegal mining has been going on in the Aravallis is an administrative and governance failure.&#8221; The judicial intervention was much needed. It is a welcome step by the Supreme Court of India to stay its earlier order , but it is important that the committee which is going to be formed should have ecologists , environmentalists and not just bureaucrats &#8220;, shed added.</p>
<p>Neelam Ahluwalia of the &#8221;  People for Aravalli &#8221; , described the SC stay of its own order is interim win. &#8221; What we actually demand is that the Union and state governments ban all mining in the Aravallis . We need a completely detailed , independent assessment  comulative of the entire range , on people&#8217;s health and the ecosystem to determine how much of the Aravalli has already been destroyed ! &#8221; she demanded.</p>
<p>Ecological restoration practitioner , Vijay Dhasmana said there are two lobbies , the mining and real estate which are pressing for a new definition of the Aravallis . However , the fact remains that geological features of the Aravallis have not been defined yet. The mining and real estate lobies strongly belive what is good for their profit is also good for the Aravallis !</p>
<p>The SC order staying its  own order  on Aravallis made on the advise of the Union Ministry of Environment have to be viewed very positively by the people of the country . For one in recent times the Supreme Court&#8217;s and High Courts have been very reluctant to go against the government even when it&#8217;s orders have been causing unavoidable hardships to the people .</p>
<p>In the 80s and 90 we witnessed the Supreme Court and High Courts taking suo moto action on issues of public interest and even when individual freedoms are in danger. The Aravalli stay order shows that the SC had an open mind on matters of public interest.</p>
<p>Considering the Aravalli Hills and Ranges have been subjected to unbridled human greed for decades now one can only hope that SC will.also appoint a Monitoring Committe to ensure that it&#8217;s orders are executed in the letter and spirit.</p>
<p>&nbsp;</p>
<p>The post <a href="http://thegulfindians.com/the-supreme-court-becomes-pro-people-on-aravalli-hills-and-ranges/">The Supreme Court becomes Pro-People on Aravalli Hills and Ranges</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Indian Economy: Prospects and Challenges</title>
		<link>http://thegulfindians.com/indian-economy-prospects-and-challenges/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Thu, 01 Jan 2026 11:25:07 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Market]]></category>
		<guid isPermaLink="false">https://thegulfindians.com/?p=43518</guid>

					<description><![CDATA[<p>With the overall GDP valued at USD 4. 18 trillion, India has surpassed Japan to become the world’s fourth-largest economy and is poised to displace Germany from the third rank in the next three years with a projected GDP of USD 7.30 trillion by 2030. The growth momentum is a healthy indicator with the GDP</p>
<p>The post <a href="http://thegulfindians.com/indian-economy-prospects-and-challenges/">Indian Economy: Prospects and Challenges</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
]]></description>
										<content:encoded><![CDATA[<figure id="attachment_43519" aria-describedby="caption-attachment-43519" style="width: 100px" class="wp-caption alignleft"><img loading="lazy" decoding="async" class="wp-image-43519" src="http://thegulfindians.com/wp-content/uploads/2026/01/WhatsApp-Image-2026-01-01-at-12.20.23-AM-233x300.jpeg" alt="Albin Joseph" width="100" height="128" srcset="http://thegulfindians.com/wp-content/uploads/2026/01/WhatsApp-Image-2026-01-01-at-12.20.23-AM-233x300.jpeg 233w, http://thegulfindians.com/wp-content/uploads/2026/01/WhatsApp-Image-2026-01-01-at-12.20.23-AM.jpeg 413w" sizes="(max-width: 100px) 100vw, 100px" /><figcaption id="caption-attachment-43519" class="wp-caption-text"><em><strong>Albin Joseph</strong></em></figcaption></figure>
<p>With the overall GDP valued at USD 4. 18 trillion, India has surpassed Japan to become the world’s fourth-largest economy and is poised to displace Germany from the third rank in the next three years with a projected GDP of USD 7.30 trillion by 2030. The growth momentum is a healthy indicator with the GDP expanding to a six-quarter high in the second quarter of 2025-26, reflecting India’s resilience in the midst of persistent global trade uncertainties. Domestic drivers-led by robust private consumption-played a pivotal role in supporting this growth.</p>
<p>Doing a deep dive of the growth indices its quite obvious that 2025 was India’s “Goldilocks Moment” which is a period characterized by high growth and low inflation. As per the ministry of statistics and program implementation, in the second quarter of the Financial year 2025-26, India’s real GDP grew by 8.2%, up from 7.8% in the first quarter and 7.4% in the last quarter of 2024-25. The Reserve Bank of India has revised the growth forecast for 2026-27 to 7.3%, from its earlier estimate of 6.8%.  The key drivers that would fuel the GDP growth are robust domestic demand, rationalization of GST and Income tax, softer crude oil prices and ongoing economic reforms. The other factors that would influence the economic growth are as follows.</p>
<p><strong>Easing Consumer Price Index Inflation:</strong></p>
<p>Consumer price index (CPI) is the change in the price of a basket of goods and services that are typically purchased by specific groups of households. CPI inflation softened to 0.71% in November 2025 from 4.26% in January 2025. In 2025, India experienced an overall benign inflation environment, wherein the general increase in prices is moderate and slow, with an average of 2.5%. Controlling the CPI inflation and maintaining it within the range of 1% and 3% would boost the confidence of corporates to take long term decisions with respect to investment. This would also enable consumers to rationalize heir spending.</p>
<p><strong>Falling Unemployment Rates</strong></p>
<p>According to the ministry of labour and employment the unemployment rate reduced to 4.7% in November 2025 from 5.2% in October 2025, making it the lowest since April 2025. The key challenge for the government in the ensuing financial year would be to maintain the unemployment rate between 3.0 to 4.5%, facilitating the job seekers to find employment without causing inflation in wages.</p>
<p><strong>Trade Performance:</strong></p>
<p>As per the ministry of Trade and Commerce, in January 2025, Indias foreign trade commenced on a solid footing with total exports (merchandise and services combined) valued at $:74.97 billion, registering a growth of 9.2% over January 2025. The cumulative exports in the first quarter of the financial year 2025-26 reached $: 210.31 billion (up by 5.94%) versus same period last year. These early and mid-year trends were clear indicators of steady export expansion and diversified external demand across various sectors.</p>
<p>These early and mid-year trends demonstrated steady export expansion and diversified external demand   However the share of merchandise exports and its growth to the total exports needs to show significant improvement in the next financial year, in order to fuel the overall economic growth. Merchandise exports expanded to US$ 38.13 billion in November, 2025 compared to US$ 36.43 billion in January 2025, with a growth of 4.7%, whereas the service sector exports registered a growth of 8.65%. More focus on broadening the scope of the merchandise exports with impetus on electronic and engineering goods would be the key in this direction. India had broadened its global footprint by strengthening the trade partnerships with countries like United Kingdom, New Zealand, Oman and Jordan recently. Merchandise exports to these markets would play a pivotal role in boosting the nation’s overall foreign trade.</p>
<p><strong>Rationalize Imports:</strong></p>
<p>Concrete and positive policy measures are warranted to rationalize the imports in order to reduce the Current Account Deficit of the nation. Gold which is ideally a non-essential commodity accounts for 13% of the total imports of the country, which is second to Petroleum, which accounts for 31%. While petroleum is a highly essential commodity that meets the nation’s energy needs, gold hardly adds value to the economy. Curbs on the import of gold is highly warranted as it’s a drain on the foreign exchange reserves, resulting in higher current account deficit and weakening of Indian rupee.</p>
<p><em>                                                                                             </em></p>
<p><em>Author is a member of the Loka Kerala Sabha</em></p>
<p>&nbsp;</p>
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<p>The post <a href="http://thegulfindians.com/indian-economy-prospects-and-challenges/">Indian Economy: Prospects and Challenges</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Delhi Airport Becomes 9th Busiest in the World, Surpassing LAX, Paris &#038; New York</title>
		<link>http://thegulfindians.com/delhi-airport-becomes-9th-busiest-in-the-world-surpassing-lax-paris-new-york/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 14 Jul 2025 06:18:24 +0000</pubDate>
				<category><![CDATA[Breaking New]]></category>
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					<description><![CDATA[<p>New Delhi ∙ Indira Gandhi International Airport (IGIA) in Delhi has made a remarkable leap in global aviation rankings, climbing to 9th place among the world&#8217;s busiest airports, as per the latest 2024 Airports Council International (ACI) report. This marks a significant improvement from its 10th position in 2023 and places IGIA ahead of global</p>
<p>The post <a href="http://thegulfindians.com/delhi-airport-becomes-9th-busiest-in-the-world-surpassing-lax-paris-new-york/">Delhi Airport Becomes 9th Busiest in the World, Surpassing LAX, Paris &#038; New York</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p><strong>New Delhi</strong> ∙ Indira Gandhi International Airport (IGIA) in Delhi has made a remarkable leap in global aviation rankings, climbing to <strong>9th place</strong> among the world&#8217;s busiest airports, as per the latest 2024 <strong>Airports Council International (ACI)</strong> report. This marks a significant improvement from its 10th position in 2023 and places IGIA ahead of global hubs such as <strong>Los Angeles, Paris</strong>, and <strong>New York</strong>.</p>



<h4 class="wp-block-heading"><strong>Infrastructure and Innovation Drive Growth</strong></h4>



<p>Delhi Airport’s meteoric rise is credited to major <strong>infrastructure upgrades</strong>, <strong>strategic expansions</strong>, and <strong>passenger-focused tech innovations</strong>, which have streamlined operations and enhanced the travel experience.</p>



<p>One of the key innovations is the rollout of <strong>biometric registration kiosks</strong> for foreign nationals holding e-visas. These self-service kiosks — the first of their kind in India — have slashed immigration processing times by over 50%, reducing congestion and enabling smoother arrivals.</p>



<h4 class="wp-block-heading"><strong>Phase 3A Expansion: Enhancing International Transfers</strong></h4>



<p>The <strong>Phase 3A expansion</strong> at <strong>Terminal 3</strong> has nearly <strong>doubled the International-to-International (I-to-I)</strong> transfer space to 3,000 square meters. Enhancements include:</p>



<ul class="wp-block-list">
<li><strong>7 food and retail outlets</strong> (up from 1)</li>



<li><strong>10 check-in counters</strong> (up from 6)</li>



<li><strong>15 frisking booths</strong> (up from 11)</li>



<li><strong>8 X-ray machines</strong> (up from 4)</li>
</ul>



<p>This upgrade, combined with improved baggage systems and direct <strong>Metro connectivity</strong>, has significantly improved Delhi’s efficiency as a <strong>South Asian transit hub</strong>.</p>



<h4 class="wp-block-heading"><strong>Global Connectivity: 153 Destinations</strong></h4>



<p>IGIA’s reach now extends to <strong>153 cities</strong> — <strong>81 domestic</strong> and <strong>72 international</strong> — making it one of the world’s most connected airports. New routes include <strong>Phnom Penh, Bali, Calgary, Vancouver, Chicago O’Hare, and Tokyo Haneda</strong>, attracting both business and leisure travelers.</p>



<h4 class="wp-block-heading"><strong>Surge in Passenger Traffic</strong></h4>



<p>In FY2024, Delhi Airport handled a record <strong>73.7 million passengers</strong>, thanks to expanded operations by both Indian and global carriers. <strong>60 foreign</strong> and <strong>6 Indian airlines</strong> now operate from IGIA, with growing use of wide-body aircraft and increased international frequencies.</p>



<h4 class="wp-block-heading"><strong>Strategic Vision and Global Impact</strong></h4>



<p>With a <strong>7.8% year-on-year increase</strong> in traffic and <strong>13.6% growth</strong> compared to pre-pandemic levels, Delhi has outperformed traditional aviation giants. Nearly <strong>half of all long-haul travelers</strong> from India now transit through IGIA.</p>



<p>Delhi Airport’s rise is seen as a blueprint for how <strong>visionary infrastructure</strong>, <strong>technology-driven services</strong>, and <strong>seamless connectivity</strong> can transform an airport into a <strong>global aviation leader</strong>.</p>
<p>The post <a href="http://thegulfindians.com/delhi-airport-becomes-9th-busiest-in-the-world-surpassing-lax-paris-new-york/">Delhi Airport Becomes 9th Busiest in the World, Surpassing LAX, Paris &#038; New York</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>INTERNATIONAL CHAMBER HOSTS “SRUTHI MATHAA..LAYA PITHAA” JULY CARNATIC MUSIC CONCERT IN HONOUR OF GURUJI@90 CELEBRATIONS</title>
		<link>http://thegulfindians.com/international-chamber-hosts-sruthi-mathaa-laya-pithaa-july-carnatic-music-concert-in-honour-of-guruji90-celebrations/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Sun, 13 Jul 2025 17:12:25 +0000</pubDate>
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					<description><![CDATA[<p>International Chamber for Music has hosted “Sruthi Mathaa..Laya Pithaa” monthly carnatic music concert series in the month of July titled Guruji@90 Celebrations, by dedicating to the Violin Acharyan, Tripunithura Aasthanavidwan Sri Nedumangadu Sivanandan Sir, during his 90th&#160;Birthday celebrations. The July month Concert of the International Chamber was hosted from Aluva, Kerala on 11th&#160;July, 2025 with</p>
<p>The post <a href="http://thegulfindians.com/international-chamber-hosts-sruthi-mathaa-laya-pithaa-july-carnatic-music-concert-in-honour-of-guruji90-celebrations/">INTERNATIONAL CHAMBER HOSTS “SRUTHI MATHAA..LAYA PITHAA” JULY CARNATIC MUSIC CONCERT IN HONOUR OF GURUJI@90 CELEBRATIONS</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p>International Chamber for Music has hosted “Sruthi Mathaa..Laya Pithaa” monthly carnatic music concert series in the month of July titled Guruji@90 Celebrations, by dedicating to the Violin Acharyan, Tripunithura Aasthanavidwan Sri Nedumangadu Sivanandan Sir, during his 90<sup>th</sup>&nbsp;Birthday celebrations.</p>



<p>The July month Concert of the International Chamber was hosted from Aluva, Kerala on 11<sup>th</sup>&nbsp;July, 2025 with the young and talented musician and artists. &nbsp;On Vocal: &nbsp;Kum. Anjana Anil, Aluva, Kerala, on Violin, Sri. Sainandan P V , on Mridangam and Sri. Navneeth Krishna and on Morsing Sri. Yadukrishnan T S were performed in the July month carnatic music concert.</p>



<p><strong>Violin Acharyan, Tripunithura Aasthana Vidwan Sri. Nedumangad Sivanandan</strong>&nbsp;is the Chief Advisory Board Member of the International Chamber for Indian Music &amp; Culture, an International Initiative of Parakkadathu Koyickal Trust. Parakkadathu Koyickal Trust has honoured Sri Nedumangad Sivanandan by presenting the 7th TRIPUNITHURA AASTHANA VIDWAN PURASKARAM in the year 2020 and during its Annual Celebrations and International Ganesha Sangeethotsavam. The Patron of Parakkadathu Koyickal Trust, Bhagavathacharya Smt. Nandini Nambishathiri had presented the Puraskaram in the presence of Trust President Sri PK Sreekumar, Secretary Sri. PK Jayakumar and Treasurer Smt. PK Sreedevi Varma. Sri Nedumangad Sivanandan is having strong bond with Tripunithura by contributing a major part of his life with Carnatic music artists and disciples located in Tripunithura.&nbsp; He has taken a vital role in propagating Carnatic music and the Violin to generations to generations in Kerala.In 1960s Sri. Nedumangad Sivanandan was regularly participating in Concerts along with Tripunithura Asthana Mridanga Vidwan Late Sri. Ramavarma Kochunni Thirumulpad, the father of Parakkadathu Koyickal Trust’s Patrons. Sri. Nedumangad Sivanandan is having morethan 60 years of family friendships with Parakkadathu Koyickal Trust. PK Sajith Kumar Varma, the Managing Trustee and Settlor of Parakkadathu Koyickal Trust is also one of the students of Sri. Nedumangad Sivanandan.</p>



<p><strong>During the Special Speech, Violin Acharyan Tripunithura Aasthana Vidwan Sri. Nedumangad Sivanandan Said that, “I am very happy with the International Chamber’s decision to hold this month’s concert in conjunction with my 90th birthday celebrations. &nbsp;I have received Tripunithura Aasthana Vidwan Puraskaram from Parakkadathu Koyickal Trust in the year of 2020 and I consider it the greatest recognition I have received from Tripunithura. &nbsp;My friendship started with Tripunithura Aasthana Mridanga Vidwan Late Sri. Rama Varma Kochunni Thirumulpad and his family since 1960 and still I am continuing.&nbsp; I am also proud to hold the Honorary position as the Chief Advisory Board Member of the International Chamber for Indian Music and Culture, which operates under the Parakkadhu Koickal Trust.&nbsp; The International Chamber with the Patronage of Padma Bhushan Shri T V Gopalakrishnan and runs by eminent scholars, musicians, artists and professionals in the field of music, including Shri Tripunithura N Radhakrishnan as one of the Chief Advisory Board Members, are the great success of International Chamber. That’s the strength of International Chamber and to organize innovative platforms like International Ganesha Sangeethotsavam, which is organizing continuously for the past 5 years by including Singers and Artists from over 12 countries. Sangeethotsavam is providing opportunities for musicians and artists at the international level”. Said Sri. Sivanandan.</strong><strong></strong></p>



<p>“Violin Acharyan Sri. Nedumangad Sivanandan is a role model as an artist, teacher, and a model of how to behave in the community in the Carnatic Music Industry. I have known Sivanandan Sir for the past 55 years, and until today, Sir is very punctual in attending concerts and classes. I didn’t see him raising his voice or exhibiting misbehavior to anyone, including his students or artists. A large number of Disciples who are spread across India and abroad are the largest asset in his life, and with his blessings, almost all his students are well-performing and have reached the highest positions in the various Departments and Organizations. He is teaching all of us a lesson and giving examples of how an artist should behave and live with acceptance in the community. Sivanandan Sir has participated in the Violin for the majority of the concerts, with my father, Late G Narayana Swamy, playing on Mridangam. Sivanandan Sir has supported, promoted, and blessed me a lot to reach this position in the Carnatic Music industry. My family is very happy when our GN Swamy Sangeetha Vidyalayam is reaching to the 25th year and from day one onwards, Sivanandan Sir is with us by giving proper advice to us and teaching students”. <strong>Said Tripunithura Aasthana Vidwan Sri. Tripunithura N Radhakrishnan, Chief Advisory Board Member of the International Chamber, PK Koyickal Trust.</strong><strong></strong></p>



<p>“Sruthi Mathaa.. Laya Pithaa, the theme which we have selected for the monthly concert series to empower musicians, artists, and also for all music lovers. This is the 5th consecutive month of international classical concert organizing by International Chamber, and I am delighted to announce that this month’s concert we are dedicating to the Violin Acharyan, our Chief Advisory Board Member, Tripunithura Aasthanavidwan Sri Nedumangadu Sivanandan Sir, during his 90th Birthday celebrations.&nbsp; The lyrics, along with raga and thala, are making Carnatic music keerthanas to render a musician to god.&nbsp; Purandara Dasa is revered as the &#8220;father of Carnatic music&#8221; for his foundational contributions to its teaching methodology. The &#8220;Trinity of Carnatic music&#8221; – Tyagaraja, Muthuswami Dikshitar, and Syama Sastri – are celebrated for their prolific compositions and significant influence on the genre. From Kerala, Maharaja Swathi Thirunal’s lyrics also significantly influenced in Carnatic Music World. Under the roof of Parakkadathu Koyickal Trust, today, International Chamber become the highly influencing International platform to promote Carnatic Music and to support talented, upcoming and professional Musicians and Artists internationally. 5 years International Ganesha Sangeethotsavam, which is connected with 12+ countries and monthly concerts, all are unique to the Carnatic Music world.&nbsp; I am proud to hold the Honorary position as the Head of the Department of Arts and Literature at International Chamber for Music and Culture, PK Koyickal Trust”. &nbsp;<strong>Said Tripunithura Aasthana Vidwan Dr. Jayaprakasha Sharma during his Keynote Speech.</strong><strong></strong></p>



<p><strong>Sri. Edappally Jaimohan, the Head of the Department of Violin,</strong>&nbsp;International Chamber, commented during his felicitation speech that “I have been privileged under the tutelage of Sivanandan Sir since the young age of 12. &nbsp;His dedication and sincerity to his disciples, concerts, and altogether to the entire Carnatic music amazed me since the day I started my tutelage under him. I have always felt that he is the perfect role model not only to the Violinsts but also to the artist fraternity.&nbsp; I am thankful to god that I have been provided with an experience of his tutelage for so many years, and I am extremely thankful to the International Chamber for allowing me to felicitate my Guru during this celebration Guruji@90. I take this opportunity to pray to the almighty that he continues to inspire and amaze us with his dedication and energy for the years to come”.</p>



<p>Sri. Raj Mohan Varma, Vice-Chairman of International Chamber has delivered the official Welcome Address, Sri. P K Sajith Kumar Varma, International Co-ordinator of International Chamber has delivered Vote of Thanks in the programme Function. &nbsp;</p>



<p>Surthi Mathaa Laya Pithaa carnatic classical music concert series, the first of its kind in the Carnatic Music history to provide international platform for NRIs and Domestic musicians and artists to perform through its monthly concerts internationally. Alternative months the musical concerts will host from India and Internationally.</p>



<p>International Chamber for Indian Music &amp; Culture is an international initiative of Parakkadathu Koyickal Trust (PK Koyickal Trust), Tripunithura, Kerala and which is affiliated with Kerala Sangeetha Nataka Akademi, the Govt. of Kerala has launched first of its kind Carnatic Music Online Monthly Concerts for NRIs and Domestic Musicians and Artists.</p>



<p><strong>Nadam ,&nbsp;Swaram, Shruthi, Ragam, Thalam….</strong>&nbsp;&#8211; In Carnatic music SRUTHI or PITCH is considered as the MOTHER and LAYAM or RHYTHAM from THAALAM is considered as the FATHER of each Geetham, Varnam and Keerthanas. <strong>“Sruthi MAATHA Laya PITHAA</strong>”.. The International Chamber will be dedicated INTERNATIONAL CHAMBER MONTHLY ONLINE CARNATIC MUSIC CONCERT to all esteemed MOTHER’S in the name of Goddesses Durga Devi, Lakshmi Devi and Saraswathy Devi. Minimum of 6 concerts will be organized from India and 6 concerts from Internationally. &nbsp;</p>



<p><strong>The International Chamber will be organizing Monthly Concerts on EVERY 2</strong><strong><sup>nd</sup></strong><strong>&nbsp;FRIDAYS and this is the yet another International Initiative of Monthly International Concerts from Tripunithura, The Royal City of Kerala. &nbsp;</strong><strong></strong></p>



<p>Monthly Concerts are focused to promote and propagate Carnatic Music along with Talented, upcoming and amateur Musicians and Artists Internationally. Each monthly programme will be telecasted through PK Koyickal Trust, various Media and Channels of India and abroad as well. &nbsp;PK Koyickal Trust International Chamber will conduct Carnatic Music Concerts monthly by providing opportunities for NRI Musicians and Artists in alternative months and will provide Domestic Musicians and Artists subsequently to perform in this first of its kind international platform. &nbsp;Currently International Chamber is connected musicians and artists from 12 Countries and planning to provide more opportunities to them through these monthly programmes.</p>



<p>Website: <a href="http://www.pkkoyickaltrust.com"><u>www.pkkoyickaltrust.com</u></a></p>



<p>Whatsapp +91 8281690442</p>



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<p>The post <a href="http://thegulfindians.com/international-chamber-hosts-sruthi-mathaa-laya-pithaa-july-carnatic-music-concert-in-honour-of-guruji90-celebrations/">INTERNATIONAL CHAMBER HOSTS “SRUTHI MATHAA..LAYA PITHAA” JULY CARNATIC MUSIC CONCERT IN HONOUR OF GURUJI@90 CELEBRATIONS</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nimisha Priya Appeals to Indian Government as Execution Date Nears in Yemen</title>
		<link>http://thegulfindians.com/nimisha-priya-appeals-to-indian-government-as-execution-date-nears-in-yemen/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Sat, 12 Jul 2025 06:41:12 +0000</pubDate>
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					<description><![CDATA[<p>Dubai: With just days left before her scheduled execution on July 16, Indian nurse Nimisha Priya has made a heartfelt plea to the Indian government to intervene and save her life. Convicted of murder in Yemen in 2018, Nimisha’s last hope lies in receiving a pardon from the victim’s family in exchange for diya (blood</p>
<p>The post <a href="http://thegulfindians.com/nimisha-priya-appeals-to-indian-government-as-execution-date-nears-in-yemen/">Nimisha Priya Appeals to Indian Government as Execution Date Nears in Yemen</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p><strong>Dubai:</strong> With just days left before her scheduled execution on <strong>July 16</strong>, Indian nurse <strong>Nimisha Priya</strong> has made a heartfelt plea to the <strong>Indian government</strong> to intervene and save her life. Convicted of murder in Yemen in 2018, Nimisha’s last hope lies in receiving a <strong>pardon</strong> from the victim’s family in exchange for <strong>diya</strong> (blood money), a practice permitted under <strong>Sharia law</strong>.</p>



<p>According to <strong>NDTV</strong>, the emotional appeal was relayed through <strong>Babu John</strong>, an activist with the <strong>Save Nimisha Priya International Action Council</strong>. He said Nimisha has specifically asked <strong>Prime Minister Narendra Modi</strong> to step in swiftly.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“She is hopeful that she will be saved if the Indian government acts quickly,” John told NDTV.</p>
</blockquote>



<h3 class="wp-block-heading"><strong>$1 Million Blood Money Offer on the Table</strong></h3>



<p>Efforts are underway to offer the victim’s family <strong>$1 million (approximately ₹8.6 crore)</strong> as blood money. <strong>Samuel Jerome</strong>, the family’s legal representative, is currently in <strong>Sana’a</strong> negotiating the deal. However, the victim’s family has yet to accept or reject the offer.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“We have proposed $1 million, and the family has not given a final response. If they agree, we are ready to mobilize the amount immediately,” John said.</p>
</blockquote>



<h3 class="wp-block-heading"><strong>Nimisha’s Background and the Incident</strong></h3>



<p><strong>Nimisha Priya</strong>, a 37-year-old nurse from <strong>Kerala</strong>, moved to <strong>Yemen in 2008</strong> for work. She initially served in hospitals before opening her own clinic. Yemeni business law required her to have a local partner, and she entered into a partnership with a man named <strong>Talal Abdo Mehdi</strong>.</p>



<p>Reports suggest that Nimisha was subjected to repeated harassment and abuse by Mehdi, who also allegedly confiscated her passport. In <strong>2017</strong>, in what activists describe as a desperate attempt to retrieve her documents and escape, she injected him with sedatives. He died, and she was arrested while trying to flee the country.</p>



<h3 class="wp-block-heading"><strong>Husband, Activists Remain Hopeful</strong></h3>



<p>Nimisha’s husband, <strong>Tomy Thomas</strong>, said he is in regular contact with her via text and voice messages.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“The central and state governments, as well as the Ministry of External Affairs, are involved,” he told ANI. “We are hopeful of a positive outcome.”</p>
</blockquote>



<p>He added that even the <strong>Governor of Kerala</strong> has extended support and facilitated communication with Nimisha’s mother through video conferencing.</p>



<h3 class="wp-block-heading"><strong>Limited Legal Options Remain</strong></h3>



<p>All formal legal avenues have been exhausted. The <strong>Yemeni Supreme Judicial Council</strong> upheld the conviction in <strong>November 2023</strong>, and the country’s president signed the <strong>execution order</strong>. Yemen’s laws allow for two outcomes in murder cases:</p>



<ul class="wp-block-list">
<li><strong>Qisas</strong> (retributive justice, i.e., execution)</li>



<li><strong>Pardon</strong> in exchange for <strong>diya</strong> (blood money)</li>
</ul>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“We are appealing to the family to show mercy, whether or not they accept the money,” said John.</p>
</blockquote>



<h3 class="wp-block-heading"><strong>No Diplomatic Ties, But Growing Support</strong></h3>



<p>The lack of <strong>diplomatic relations</strong> between India and the <strong>Houthi-led administration</strong> in Yemen has complicated intervention efforts.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“The civil war and the absence of formal diplomatic channels make it difficult. But India is a regional power, and Prime Minister Modi has strong international standing. His intervention can make a difference,” said John.</p>
</blockquote>



<h3 class="wp-block-heading"><strong>Nimisha’s Role in Prison and Ongoing Campaign</strong></h3>



<p>Since her arrest, Nimisha has been serving fellow inmates as a <strong>medical professional</strong> in prison. According to activists, she is in regular contact with her family and remains <strong>mentally strong</strong> and <strong>hopeful</strong>.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“She serves as a doctor in jail and even has daily communication with us through the support of jail authorities,” John noted. “Even the Yemeni prison staff want her to be saved.”</p>
</blockquote>



<p>The <strong>Save Nimisha Priya International Action Council</strong>, formed in <strong>2020</strong>, continues to rally support both in India and abroad.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“This is not just about one individual. This case will be a test of how India protects its citizens abroad — especially women and migrant workers,” John said.</p>
</blockquote>
<p>The post <a href="http://thegulfindians.com/nimisha-priya-appeals-to-indian-government-as-execution-date-nears-in-yemen/">Nimisha Priya Appeals to Indian Government as Execution Date Nears in Yemen</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Air India Pledges Full Cooperation as AI171 Crash Probe Progresses</title>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Sat, 12 Jul 2025 06:30:09 +0000</pubDate>
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					<description><![CDATA[<p>New Delhi : Air India has reiterated its commitment to fully cooperating with authorities following the release of a preliminary investigation report into the tragic crash of flight AI171, which claimed 260 lives. “Air India stands in solidarity with the families and all those affected by the AI171 accident. We continue to mourn the loss</p>
<p>The post <a href="http://thegulfindians.com/air-india-pledges-full-cooperation-as-ai171-crash-probe-progresses/">Air India Pledges Full Cooperation as AI171 Crash Probe Progresses</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p><strong>New Delhi :</strong> Air India has reiterated its commitment to fully cooperating with authorities following the release of a preliminary investigation report into the tragic crash of <strong>flight AI171</strong>, which claimed <strong>260 lives</strong>.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“Air India stands in solidarity with the families and all those affected by the AI171 accident. We continue to mourn the loss and remain fully committed to providing support during this difficult time,” the airline said in a statement.</p>
</blockquote>



<p>The airline confirmed it had received the preliminary findings from the <strong>Aircraft Accident Investigation Bureau (AAIB)</strong> and emphasized that, due to the ongoing nature of the investigation, it would not comment on specific details. All such queries are being directed to the AAIB.</p>



<h3 class="wp-block-heading"><strong>Key Findings from the Preliminary Report</strong></h3>



<p>According to the AAIB’s 15-page preliminary report, <strong>fuel control switches</strong> to both engines of the <strong>Boeing 787-8 Dreamliner</strong> were moved from the <strong>&#8220;RUN&#8221;</strong> to <strong>&#8220;CUTOFF&#8221;</strong> position just <strong>seconds before the crash</strong>. The aircraft had just taken off from <strong>Ahmedabad</strong> en route to <strong>London</strong> when it went down, killing <strong>241 of the 242 people on board</strong>, along with <strong>19 people on the ground</strong>.</p>



<p>The report did <strong>not assign blame</strong> or offer final conclusions but revealed critical moments from the <strong>cockpit voice recorder</strong>.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“One pilot is heard asking the other, ‘Why did you cut off [the fuel]?’ The second pilot responded that he had not,” the report states.</p>
</blockquote>



<p>It further notes that the two fuel cutoff switches—<strong>Engine 1 and Engine 2</strong>—were moved to &#8220;CUTOFF&#8221; <strong>one second apart</strong>, shortly after the aircraft reached its top recorded speed.</p>



<p>The engines then began to lose power, causing the aircraft to <strong>rapidly descend</strong>. Moments later, the switches were returned to the “RUN” position, and engine power began to return. However, by then, one of the pilots had already transmitted a <strong>“MAYDAY”</strong> distress call.</p>



<p>Air traffic controllers attempted to communicate, but the aircraft crashed approximately <strong>30 seconds</strong> after takeoff. Emergency personnel were immediately dispatched to the crash site.</p>



<h3 class="wp-block-heading"><strong>What Experts Say</strong></h3>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“We now know — with some degree of confidence — that both engines rolled back because the fuel switches were activated,” said <strong>Jeff Guzzetti</strong>, former head of accident investigations at the <strong>US Federal Aviation Administration (FAA)</strong>.<br>“What we don’t know is why or how the switches were activated — and that’s going to be a key focus of the investigation.”</p>
</blockquote>



<p>The AAIB report stated that there are <strong>no current safety recommendations</strong> for <strong>Boeing 787-8</strong> operators or <strong>GE GEnx-1B engine</strong> manufacturers at this stage.</p>



<h3 class="wp-block-heading"><strong>FAA Alert from 2018 Resurfaces</strong></h3>



<p>The report also cited a <strong>2018 FAA airworthiness bulletin</strong>, which warned of a <strong>potential fault</strong> where <strong>fuel control switches on Boeing aircraft (including the 737 and 787)</strong> could inadvertently move from &#8220;RUN&#8221; to &#8220;CUTOFF&#8221; <strong>without engaging their locking mechanism</strong>.</p>



<p>The <strong>Air India aircraft involved in the crash had never been inspected</strong> for this specific issue, as the check was <strong>not mandatory</strong> under FAA or DGCA directives.</p>



<p>The final report from AAIB is expected to shed more light on the incident as investigators work to determine whether <strong>technical failure</strong>, <strong>pilot error</strong>, or <strong>other factors</strong> were responsible for one of the deadliest aviation disasters in recent Indian history.</p>
<p>The post <a href="http://thegulfindians.com/air-india-pledges-full-cooperation-as-ai171-crash-probe-progresses/">Air India Pledges Full Cooperation as AI171 Crash Probe Progresses</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Nehal Modi Arrested in U.S. on India’s Extradition Request in PNB Fraud Case</title>
		<link>http://thegulfindians.com/nehal-modi-arrested-in-u-s-on-indias-extradition-request-in-pnb-fraud-case/</link>
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		<pubDate>Sat, 05 Jul 2025 10:44:46 +0000</pubDate>
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					<description><![CDATA[<p>New Delhi : Nehal Modi, the brother of fugitive diamond tycoon Nirav Modi, has been arrested in the United States following a formal extradition request by India’s Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED), officials confirmed on Friday. The arrest is seen as a major development in India’s ongoing efforts to bring</p>
<p>The post <a href="http://thegulfindians.com/nehal-modi-arrested-in-u-s-on-indias-extradition-request-in-pnb-fraud-case/">Nehal Modi Arrested in U.S. on India’s Extradition Request in PNB Fraud Case</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p><strong>New Delhi</strong> : Nehal Modi, the brother of fugitive diamond tycoon <strong>Nirav Modi</strong>, has been arrested in the <strong>United States</strong> following a formal <strong>extradition request</strong> by India’s <strong>Central Bureau of Investigation (CBI)</strong> and the <strong>Enforcement Directorate (ED)</strong>, officials confirmed on Friday.</p>



<p>The arrest is seen as a major development in India’s ongoing efforts to bring to justice those involved in the <strong>₹13,000 crore Punjab National Bank (PNB) fraud</strong>, one of the most significant banking scams in Indian history.</p>



<p>According to sources familiar with the case, the <strong>U.S. Department of Justice</strong> informed Indian authorities that <strong>Nehal Modi was taken into custody on July 4, 2025</strong>, following a joint extradition plea filed by both the CBI and ED.</p>



<p>The U.S. prosecution’s complaint highlights two main charges:</p>



<ul class="wp-block-list">
<li><strong>Money laundering</strong> under Section 3 of the <strong>Prevention of Money Laundering Act (PMLA), 2002</strong></li>



<li><strong>Criminal conspiracy</strong> under Sections 120-B and 201 of the <strong>Indian Penal Code (IPC)</strong></li>
</ul>



<p>Nehal Modi is alleged to have played a pivotal role in <strong>laundering the proceeds of crime</strong> on behalf of his brother Nirav Modi, who is already facing <strong>extradition proceedings in the United Kingdom</strong>. Indian investigators claim Nehal facilitated the concealment and movement of illicit funds through a web of <strong>shell companies</strong> and <strong>complex cross-border transactions</strong>, in direct violation of Indian financial laws.</p>



<p>The next hearing in the extradition proceedings is scheduled for <strong>July 17, 2025</strong>, during which a <strong>status conference</strong> will be held. Nehal Modi is expected to apply for <strong>bail</strong> during the session—a motion that <strong>U.S. prosecutors intend to oppose</strong>, according to officials.</p>
<p>The post <a href="http://thegulfindians.com/nehal-modi-arrested-in-u-s-on-indias-extradition-request-in-pnb-fraud-case/">Nehal Modi Arrested in U.S. on India’s Extradition Request in PNB Fraud Case</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>HDB Financial Shares Surge in Market Debut After $1.5 Billion IPO</title>
		<link>http://thegulfindians.com/hdb-financial-shares-surge-in-market-debut-after-1-5-billion-ipo/</link>
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		<pubDate>Wed, 02 Jul 2025 07:04:41 +0000</pubDate>
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					<description><![CDATA[<p>Mumbai: Shares of HDB Financial Services Ltd. soared on their debut at the Bombay Stock Exchange on Wednesday, following a highly successful ₹125 billion ($1.5 billion) initial public offering (IPO) — the largest in India so far this year. The stock opened strong and rose as high as ₹849.85, marking a nearly 15% gain over</p>
<p>The post <a href="http://thegulfindians.com/hdb-financial-shares-surge-in-market-debut-after-1-5-billion-ipo/">HDB Financial Shares Surge in Market Debut After $1.5 Billion IPO</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p><strong>Mumbai:</strong> Shares of <strong>HDB Financial Services Ltd.</strong> soared on their debut at the Bombay Stock Exchange on Wednesday, following a highly successful <strong>₹125 billion ($1.5 billion) initial public offering (IPO)</strong> — the largest in India so far this year.</p>



<p>The stock opened strong and rose as high as <strong>₹849.85</strong>, marking a <strong>nearly 15% gain</strong> over its IPO price of ₹740 per share. HDB is a non-banking financial company (NBFC) and a subsidiary of <strong>HDFC Bank Ltd.</strong>, India’s largest private lender.</p>



<p>The offering attracted significant interest from both foreign and domestic investors, including <strong>Morgan Stanley</strong>, <strong>Allianz SE</strong>, and <strong>Life Insurance Corporation of India</strong>. In total, the IPO was <strong>oversubscribed more than 15 times</strong>, underscoring investor confidence in the company and the sector.</p>



<p>This listing is India’s <strong>largest IPO since Hyundai Motor India Ltd.’s $3.3 billion debut in October</strong>, and comes amid renewed momentum in institutional placements and public listings after a quieter period following 2024&#8217;s market highs.</p>



<p>India’s booming <strong>$5.4 trillion stock market</strong>, fueled by <strong>foreign inflows</strong>, has been pushing benchmark indices toward record highs. Analysts suggest that HDB’s robust listing could set the tone for other big-ticket IPOs expected later this year, such as <strong>Tata Capital Ltd.</strong> and the <strong>Indian unit of LG Electronics Inc.</strong></p>



<h3 class="wp-block-heading">Role of Shadow Lenders</h3>



<p>As a <strong>shadow lender</strong>, HDB caters to borrowers typically underserved by traditional banks — often due to limited credit history or lower income levels — making companies like it vital in India’s financial ecosystem.</p>



<p>The Reserve Bank of India’s recent monetary policy moves, including <strong>interest rate cuts</strong> and <strong>liquidity support</strong>, have created a favorable environment for NBFCs. &#8220;There will be investor interest because of HDB’s asset size and parentage. It’s a strong brand play,&#8221; said <strong>Rajnath Yadav</strong>, analyst at <strong>Choice Equity Broking Pvt.</strong> He noted that policy tailwinds could further boost shadow lenders like HDB.</p>



<h3 class="wp-block-heading">Attractive Valuation</h3>



<p>HDB holds a <strong>loan book of nearly $12 billion</strong>, operates over <strong>1,700 branches</strong>, and employs around <strong>90,000 people</strong>, according to its IPO filing.</p>



<p><strong>Rajiv Mehta</strong>, an analyst at <strong>Yes Securities India Ltd.</strong>, said the IPO valuation appeared &#8220;palatable,&#8221; making it an <strong>attractive opportunity for investors</strong>. The shares were priced at roughly <strong>3.4 times book value</strong> on a trailing 12-month basis — <strong>a discount</strong> compared to peers like:</p>



<ul class="wp-block-list">
<li><strong>Cholamandalam Investment and Finance Co.</strong> (5.7x),</li>



<li><strong>Bajaj Finance Ltd.</strong> (6x), and</li>



<li><strong>Sundaram Finance Ltd.</strong> (4x+),<br>according to Bloomberg data.</li>
</ul>



<h3 class="wp-block-heading">Backed by Major Investment Banks</h3>



<p>A consortium of <strong>12 investment banks</strong> helped structure and manage the HDB IPO, including <strong>BNP Paribas SA</strong>, <strong>JM Financial Ltd.</strong>, and <strong>Bank of America Corp.</strong></p>



<p>The successful listing underscores investor optimism in India’s financial sector and highlights the growing appetite for quality offerings amid a bullish market environment.</p>
<p>The post <a href="http://thegulfindians.com/hdb-financial-shares-surge-in-market-debut-after-1-5-billion-ipo/">HDB Financial Shares Surge in Market Debut After $1.5 Billion IPO</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Credit Growth Tied More to Economic Activity Than Liquidity Surplus: Standard Chartered Report</title>
		<link>http://thegulfindians.com/credit-growth-tied-more-to-economic-activity-than-liquidity-surplus-standard-chartered-report/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Sat, 28 Jun 2025 06:09:14 +0000</pubDate>
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					<description><![CDATA[<p>New Delhi ∙ Credit growth in the Indian economy is more closely aligned with overall economic activity than the size of the liquidity surplus, according to a recent report by Standard Chartered, a leading international bank. The report observed that while a high liquidity surplus may provide marginal support to unsecured personal loan growth (excluding</p>
<p>The post <a href="http://thegulfindians.com/credit-growth-tied-more-to-economic-activity-than-liquidity-surplus-standard-chartered-report/">Credit Growth Tied More to Economic Activity Than Liquidity Surplus: Standard Chartered Report</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p><strong>New Delhi</strong> ∙ Credit growth in the Indian economy is more closely aligned with overall <strong>economic activity</strong> than the <strong>size of the liquidity surplus</strong>, according to a recent report by <strong>Standard Chartered</strong>, a leading international bank.</p>



<p>The report observed that while a high liquidity surplus may provide <strong>marginal support to unsecured personal loan growth</strong> (excluding consumer durable loans), it does <strong>not necessarily translate into broad-based credit expansion</strong>.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“Credit growth depends more on economic activity than on the liquidity surplus,” the report noted. “However, <strong>unsecured personal loans</strong> (ex-consumer durables) could benefit from a large liquidity surplus.”</p>
</blockquote>



<p>In fact, the report pointed out that <strong>credit growth—excluding unsecured personal and consumer durable loans—tends to decelerate</strong> during periods of <strong>excess liquidity</strong>, indicating that <strong>real demand</strong>, closely tied to <strong>economic fundamentals</strong>, is a more critical driver of credit expansion than mere fund availability or cost.</p>



<p>The report also explained that during times of <strong>sluggish economic activity</strong>, central banks typically resort to <strong>increasing liquidity surplus</strong> as a <strong>counter-cyclical measure</strong>. However, even such steps have historically failed to reverse broader credit deceleration.</p>



<h3 class="wp-block-heading"><strong>Historical Trend: High Liquidity, Lower Credit-to-GDP Ratio</strong></h3>



<p>During the period from <strong>December 2016 to September 2017</strong>, for instance, when the liquidity surplus ranged between <strong>2.6% and 3.3%</strong> of <strong>Net Demand and Time Liabilities (NDTL)</strong>, <strong>credit (excluding unsecured personal and consumer durable loans)</strong> as a percentage of <strong>GDP declined</strong> from <strong>48.9% to 46.2%</strong>. This downward trend continued until <strong>mid-2019</strong>.</p>



<h3 class="wp-block-heading"><strong>Unsecured Personal Loans on the Rise</strong></h3>



<p>Conversely, <strong>unsecured personal loan growth</strong> (excluding consumer durables) has seen a <strong>strong upward trend</strong> over the past decade, <strong>more than doubling to nearly 6% of GDP</strong>. The report attributed this growth to <strong>structural factors</strong>, including <strong>greater access to credit</strong> and the <strong>emergence of digital lending platforms</strong>.</p>



<p>Yet, it also noted that the <strong>pace of this growth accelerates during periods of high liquidity surplus</strong>.</p>



<p>Between <strong>March 2021 and March 2023</strong>, amid a <strong>significant liquidity surplus</strong> and <strong>relaxed credit conditions</strong>, the <strong>share of unsecured personal loans in GDP rose more rapidly</strong> than in previous similar periods.</p>
<p>The post <a href="http://thegulfindians.com/credit-growth-tied-more-to-economic-activity-than-liquidity-surplus-standard-chartered-report/">Credit Growth Tied More to Economic Activity Than Liquidity Surplus: Standard Chartered Report</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>RBI Drains $10 Billion from Banking System to Lift Short-Term Rates</title>
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		<pubDate>Fri, 27 Jun 2025 10:24:36 +0000</pubDate>
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					<description><![CDATA[<p>Mumbai: The Reserve Bank of India (RBI) has withdrawn ₹849.75 billion ($10 billion) from the banking system through a 7-day variable rate reverse repo auction — its first liquidity-absorbing operation in seven months — in an effort to align overnight borrowing costs with the policy rate. The auction, conducted on Friday, saw a cutoff yield</p>
<p>The post <a href="http://thegulfindians.com/rbi-drains-10-billion-from-banking-system-to-lift-short-term-rates/">RBI Drains $10 Billion from Banking System to Lift Short-Term Rates</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p><strong>Mumbai</strong>: The Reserve Bank of India (RBI) has withdrawn ₹849.75 billion ($10 billion) from the banking system through a 7-day variable rate reverse repo auction — its first liquidity-absorbing operation in seven months — in an effort to align overnight borrowing costs with the policy rate.</p>



<p>The auction, conducted on <strong>Friday</strong>, saw a <strong>cutoff yield of 5.49%</strong>, just below the RBI’s current policy repo rate of <strong>5.5%</strong>. The central bank had originally planned to absorb <strong>₹1 trillion</strong>.</p>



<p>This move comes as the RBI seeks to curb excess liquidity that has pushed <strong>overnight money market rates below the policy rate</strong> for several months. Since <strong>January</strong>, the RBI has injected over <strong>₹9.5 trillion</strong> into the banking system, contributing to a persistent liquidity surplus.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“Liquidity will still remain in surplus even after this operation,” said <strong>Ritesh Bhusari</strong>, Joint General Manager for Treasury at <strong>South Indian Bank</strong>. “The RBI is likely to maintain liquidity at around 1.5% to 2% of net deposits. If it exceeds that range, further operations could follow.”</p>
</blockquote>



<p>Following the announcement, short-term borrowing costs ticked upward. The yield on the <strong>7.02% 2027 bond</strong> rose one basis point to <strong>5.80%</strong>, while the <strong>benchmark 10-year bond yield</strong> increased similarly to <strong>6.29%</strong>.</p>



<p>According to <strong>Bloomberg Economics’ Liquidity Index</strong>, the banking system had a liquidity surplus of approximately <strong>₹2.5 trillion</strong> as of <strong>June 26</strong>.</p>



<p>The RBI’s latest action signals a calibrated tightening approach to ensure <strong>money market rates better reflect its monetary policy stance</strong>, without disrupting the broader liquidity framework.</p>



<p></p>
<p>The post <a href="http://thegulfindians.com/rbi-drains-10-billion-from-banking-system-to-lift-short-term-rates/">RBI Drains $10 Billion from Banking System to Lift Short-Term Rates</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Brent Oil Prices Fall 3.37% on Hopes of Iran–Israel Ceasefire</title>
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		<pubDate>Tue, 24 Jun 2025 07:00:52 +0000</pubDate>
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					<description><![CDATA[<p>Mumbai : Global crude oil prices saw a sharp decline following an announcement by U.S. President Donald Trump that Iran and Israel had agreed to a ceasefire. As of 6:00 AM GMT on Tuesday (June 24), Brent crude dropped by 3.37% to $69.07 per barrel, while West Texas Intermediate (WTI) fell by 3.35% to $66.09</p>
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<p><strong>Mumbai :</strong> Global crude oil prices saw a sharp decline following an announcement by U.S. President Donald Trump that Iran and Israel had agreed to a ceasefire.</p>



<p>As of 6:00 AM GMT on Tuesday (June 24), Brent crude dropped by 3.37% to $69.07 per barrel, while West Texas Intermediate (WTI) fell by 3.35% to $66.09 per barrel.</p>



<p>Analysts attributed the fall to easing fears over potential disruptions to oil exports through the Strait of Hormuz — a key transit route for global crude supply.</p>



<h3 class="wp-block-heading"><strong>Expert Reactions</strong></h3>



<p>Tony Sycamore, market analyst at IG, said the ceasefire effectively removed the geopolitical risk premium that had been priced into oil.</p>



<p>“If the ceasefire is implemented as stated, investors may expect the oil market to return to normal,” said Priyanka Sachdeva, senior market analyst at Phillip Nova.</p>



<p>Chris Weston, Head of Research at Pepperstone, told <em>Reuters</em>, “With tensions easing, the market has repriced risk, and Trump played a key role in securing a peaceful agreement.”</p>



<h3 class="wp-block-heading"><strong>Industry Observes Cautiously</strong></h3>



<p>According to Rystad Energy, Iran’s limited response and avoidance of targeting the Strait of Hormuz indicate a willingness to de-escalate, providing some relief to global markets.</p>



<p>A report from <em>AInvest</em> noted that if the ceasefire proves credible, it is likely to trigger an unwinding of the geopolitical premiums embedded in oil futures.</p>



<h3 class="wp-block-heading"><strong>What Lies Ahead?</strong></h3>



<p>Market participants will now watch closely to see whether the ceasefire holds and whether Iran avoids threatening key oil routes, particularly the Strait of Hormuz.</p>



<p>If no further escalation occurs, analysts expect oil prices to stabilize near pre-conflict levels. However, any renewed tensions could push prices back into upward volatility.</p>
<p>The post <a href="http://thegulfindians.com/brent-oil-prices-fall-3-37-on-hopes-of-iran-israel-ceasefire/">Brent Oil Prices Fall 3.37% on Hopes of Iran–Israel Ceasefire</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>U.S. Embassy in India Issues Strong Advisory Against Unlawful Immigration Practices</title>
		<link>http://thegulfindians.com/u-s-embassy-in-india-issues-strong-advisory-against-unlawful-immigration-practices/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Tue, 17 Jun 2025 15:40:27 +0000</pubDate>
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					<description><![CDATA[<p>New Delhi : The U.S. Embassy in India has issued a firm warning regarding unlawful immigration practices, reiterating the United States&#8217; commitment to curbing illegal migration and targeting those who facilitate it. The statement, released on the Embassy&#8217;s official X (formerly Twitter) handle, follows the introduction of new visa restrictions by the U.S. government. According</p>
<p>The post <a href="http://thegulfindians.com/u-s-embassy-in-india-issues-strong-advisory-against-unlawful-immigration-practices/">U.S. Embassy in India Issues Strong Advisory Against Unlawful Immigration Practices</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p><strong>New Delhi</strong> : The <strong>U.S. Embassy in India</strong> has issued a firm warning regarding unlawful immigration practices, reiterating the United States&#8217; commitment to curbing illegal migration and targeting those who facilitate it. The statement, released on the Embassy&#8217;s <strong>official X (formerly Twitter) handle</strong>, follows the introduction of new <strong>visa restrictions</strong> by the U.S. government.</p>



<p>According to the announcement, the new measures apply to <strong>foreign government officials and other individuals</strong> found to be <strong>supporting or enabling irregular migration and human smuggling networks</strong>.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“The United States will not tolerate those who facilitate illegal and mass immigration,” the statement read, citing previous actions under the <strong>Trump Administration</strong>, which had designated several smuggling cartels as <strong>Foreign Terrorist Organizations (FTOs).</strong></p>
</blockquote>



<h3 class="wp-block-heading"><strong>Potential Consequences for Non-Cooperative Countries</strong></h3>



<p>The Embassy also warned that countries that <strong>fail to cooperate with repatriation efforts</strong> for their nationals residing illegally in the United States may face <strong>serious diplomatic consequences</strong>. These include:</p>



<ul class="wp-block-list">
<li><strong>Restrictions on visa issuance</strong></li>



<li><strong>Tighter entry limitations</strong> for citizens of non-compliant countries</li>



<li><strong>Potential diplomatic strain</strong> on bilateral relations</li>
</ul>



<p>The announcement underscores Washington’s heightened vigilance on border security and migration control, with a renewed emphasis on <strong>international accountability</strong>.</p>
<p>The post <a href="http://thegulfindians.com/u-s-embassy-in-india-issues-strong-advisory-against-unlawful-immigration-practices/">U.S. Embassy in India Issues Strong Advisory Against Unlawful Immigration Practices</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>IPO Rush This Week: 6 Companies Launching, 5 Gearing Up for Market Listing</title>
		<link>http://thegulfindians.com/ipo-rush-this-week-6-companies-launching-5-gearing-up-for-market-listing/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Mon, 16 Jun 2025 09:18:43 +0000</pubDate>
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					<description><![CDATA[<p>Mumbai: Despite rising geopolitical tensions, India&#8217;s primary equity market is seeing a surge in activity. This week, six companies are launching their Initial Public Offerings (IPOs), while five firms that conducted IPOs last week are preparing for listing on the stock exchanges. The highlight of the week is the mainboard IPO of Arisinfra Solutions, a</p>
<p>The post <a href="http://thegulfindians.com/ipo-rush-this-week-6-companies-launching-5-gearing-up-for-market-listing/">IPO Rush This Week: 6 Companies Launching, 5 Gearing Up for Market Listing</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p><strong>Mumbai:</strong> Despite rising geopolitical tensions, India&#8217;s <strong>primary equity market</strong> is seeing a surge in activity. This week, <strong>six companies</strong> are launching their <strong>Initial Public Offerings (IPOs)</strong>, while <strong>five firms</strong> that conducted IPOs last week are preparing for listing on the stock exchanges.</p>



<p>The highlight of the week is the <strong>mainboard IPO of Arisinfra Solutions</strong>, a construction material distributor. The company aims to raise <strong>₹499.6 crore</strong> through a <strong>pure fresh issue</strong>—meaning no Offer for Sale (OFS) component is included. The IPO opens on <strong>June 20</strong> and will remain open for <strong>three days</strong>. The <strong>price band</strong> is set at <strong>₹210–₹222 per share</strong>.</p>



<p>The other five IPOs this week fall under the <strong>SME category</strong>:</p>



<ul class="wp-block-list">
<li><strong>Patil Automation</strong> and <strong>Samay Project Services</strong> will open their IPOs from <strong>June 16 to 18</strong>.
<ul class="wp-block-list">
<li>Patil targets <strong>₹69.61 crore</strong> with a price band of <strong>₹114–₹120</strong>.</li>



<li>Samay aims to raise <strong>₹14.69 crore</strong>, with a price band of <strong>₹32–₹34</strong>.</li>
</ul>
</li>



<li><strong>Eppeltone Engineers</strong>, a New Delhi-based electronic energy meter firm, will open its IPO from <strong>June 17</strong>, aiming to raise <strong>₹43.96 crore</strong> with a price band of <strong>₹125–₹128</strong>.</li>



<li><strong>Influx Healthtech</strong> launches on <strong>June 18</strong>, targeting <strong>₹58.56 crore</strong> via a mix of <strong>fresh issue (₹48 crore)</strong> and <strong>OFS (₹10.56 crore)</strong>. Its price band is <strong>₹91–₹96</strong>.</li>



<li><strong>Mayasheel Ventures</strong>, a company in the road construction sector, opens its IPO on <strong>June 20</strong>, aiming to raise <strong>₹27.28 crore</strong>. The price band is <strong>₹44–₹47</strong>.</li>
</ul>



<p>On the listing front, IPOs of companies like <strong>Oswal Pumps</strong>, <strong>Monolithisch India</strong>, and <strong>Aten Papers &amp; Foam</strong>, which closed recently, will debut on the exchanges this week:</p>



<ul class="wp-block-list">
<li><strong>Oswal Pumps</strong> (mainboard IPO worth ₹1,387.3 crore) will list on <strong>June 20</strong>.</li>



<li><strong>Monolithisch India</strong> (₹82 crore IPO) and <strong>Aten Papers &amp; Foam</strong> (₹31.7 crore IPO) will close their subscriptions on <strong>June 17</strong>.</li>



<li><strong>Sacheerome</strong> will list on the <strong>NSE Emerge</strong> on <strong>June 16</strong>,</li>



<li><strong>Jainik Power</strong> on <strong>June 17</strong>,</li>



<li><strong>Monolithisch India</strong> on <strong>June 19</strong>, and</li>



<li><strong>Aten Papers &amp; Foam</strong> on the <strong>BSE SME platform</strong> on <strong>June 20</strong>.</li>
</ul>



<p>This flurry of IPOs highlights renewed investor interest in the market despite global uncertainty.</p>
<p>The post <a href="http://thegulfindians.com/ipo-rush-this-week-6-companies-launching-5-gearing-up-for-market-listing/">IPO Rush This Week: 6 Companies Launching, 5 Gearing Up for Market Listing</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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		<title>Air India Crash: Can the Airline’s Transformation Withstand Its Toughest Test Yet?</title>
		<link>http://thegulfindians.com/air-india-crash-can-the-airlines-transformation-withstand-its-toughest-test-yet/</link>
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		<dc:creator><![CDATA[The Gulf Indians]]></dc:creator>
		<pubDate>Sat, 14 Jun 2025 05:26:10 +0000</pubDate>
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					<description><![CDATA[<p>New Delhi: Air India’s bold transformation journey under the Tata Group has been closely watched over the past two years. With an ambitious agenda to reinvent itself as a world-class carrier, the airline has invested significantly in modernising its fleet, upgrading customer experience, integrating operations, and embracing digital innovation. However, the recent tragic crash of</p>
<p>The post <a href="http://thegulfindians.com/air-india-crash-can-the-airlines-transformation-withstand-its-toughest-test-yet/">Air India Crash: Can the Airline’s Transformation Withstand Its Toughest Test Yet?</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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<p><strong>New Delhi:</strong> Air India’s bold transformation journey under the Tata Group has been closely watched over the past two years. With an ambitious agenda to reinvent itself as a world-class carrier, the airline has invested significantly in modernising its fleet, upgrading customer experience, integrating operations, and embracing digital innovation.</p>



<p>However, the recent <strong>tragic crash of a Boeing 787 Dreamliner</strong> shortly after takeoff from Ahmedabad—resulting in the loss of <strong>more than 240 lives</strong>—has emerged as the most critical test of that transformation’s depth and resilience. Beyond being a profound humanitarian tragedy, the incident raises serious questions about Air India’s operational systems, safety culture, and crisis preparedness.</p>



<h3 class="wp-block-heading"><strong>A Tragedy Amid Transformation</strong></h3>



<p>Under the <strong>‘Vihaan.AI’ roadmap</strong>, Air India has been undergoing a five-year transformation, which includes merging four airline brands, revamping service standards, hiring global talent, and placing the largest commercial aircraft order in aviation history. The airline has also refurbished much of its wide-body fleet and expanded into new international routes through codeshare partnerships and alliance networks.</p>



<p>This momentum now confronts a sobering reality. The crashed aircraft, a <strong>Dreamliner deployed on a premium international route</strong>, had undergone standard maintenance checks. Preliminary information and eyewitness accounts suggest a failure during takeoff, sparking concerns around <strong>flight configuration, aircraft systems, and pilot response</strong>.</p>



<p>Regardless of the eventual investigation findings, the incident has disrupted the narrative of seamless transformation and reignited public concerns over <strong>technical training, safety oversight, and procedural integrity</strong>.</p>



<h3 class="wp-block-heading"><strong>Operational Credibility Under Scrutiny</strong></h3>



<p>The most immediate impact is on <strong>Air India’s operational credibility</strong>. In a highly competitive and deregulated global aviation industry, brand perception is volatile. Customers who had returned to the airline, impressed by its upgraded cabins and improved service, may now hesitate without solid reassurance on safety.</p>



<p><strong>International regulators and corporate clients</strong> are also likely to re-examine Air India’s safety practices, training protocols, and maintenance systems. This underscores a broader challenge in transformation initiatives: the tendency to prioritise visible improvements—branding, hospitality, design—while underinvesting in <strong>back-end operational governance</strong>.</p>



<p>For Air India, this is a critical moment to reinforce its <strong>safety culture</strong>, increase <strong>recurrent pilot training</strong>, rigorously cross-check <strong>maintenance protocols</strong>, and establish <strong>clear lines of accountability</strong> throughout the organisation.</p>



<h3 class="wp-block-heading"><strong>Rebuilding Trust Through Action</strong></h3>



<p>Crises don’t necessarily destroy brands—but poor responses can. Air India must now lead with <strong>radical transparency</strong>. Regular public briefings, independent audits, and a transparent action plan are essential to restore confidence among both domestic and international stakeholders.</p>



<p>Immediate steps should include:</p>



<ul class="wp-block-list">
<li><strong>A full audit of all Boeing Dreamliners</strong> in its fleet.</li>



<li><strong>Technical simulations and safety drills</strong>.</li>



<li><strong>Public disclosure of safety assessments</strong> and <strong>governance reforms</strong>.</li>
</ul>



<p>Rather than treating this as a setback, the airline must leverage the moment to <strong>accelerate its internal reforms</strong>, placing <strong>safety and engineering excellence</strong> at the centre of its transformation—backed by board-level supervision and third-party verification.</p>



<h3 class="wp-block-heading"><strong>Leadership, Culture, and Governance at the Forefront</strong></h3>



<p>The Tata Group’s takeover of Air India brought strategic focus, capital support, and managerial discipline. Now, the group’s leadership must show that this is more than a surface-level overhaul. It’s a chance to build an <strong>institution grounded in safety, accountability, and resilience</strong>.</p>



<p>This includes creating governance frameworks that can:</p>



<ul class="wp-block-list">
<li><strong>Identify early warning signs</strong>.</li>



<li><strong>Respond swiftly to operational risks</strong>.</li>



<li><strong>Embed safety as a non-negotiable value</strong> in the organisational culture.</li>
</ul>



<p>The integrated management team must also navigate a complex phase—balancing grief, operational continuity, and public scrutiny—while forging a <strong>unified, high-performance culture</strong> across previously separate airline brands.</p>



<h3 class="wp-block-heading"><strong>A Defining Moment—Not a Derailment</strong></h3>



<p>Despite its immense gravity, this crisis doesn’t have to derail Air India’s journey. Some of the world’s top carriers have recovered from major tragedies through introspection, systemic reform, and cultural reset.</p>



<p>Air India has the <strong>strategic vision</strong>, <strong>financial resources</strong>, and <strong>institutional will</strong> to do the same. What will define its future is not <strong>whether</strong> it recovers—but <strong>how</strong> it does so: with <strong>humility, transparency, and rigorous operational integrity</strong>.</p>



<p>If handled decisively, this painful episode could serve not as a turning point backward—but as a pivotal milestone in Air India’s quest to become a truly world-class airline.</p>
<p>The post <a href="http://thegulfindians.com/air-india-crash-can-the-airlines-transformation-withstand-its-toughest-test-yet/">Air India Crash: Can the Airline’s Transformation Withstand Its Toughest Test Yet?</a> appeared first on <a href="http://thegulfindians.com">The Gulf Indians</a>.</p>
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