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IPL 7 (2014) to be held in UAE, Bangladesh & India

The India Premier League (IPL) 2014 season 7  will be held in the United Arab Emirates (UAE), Bangladesh and India. Due to 16th Lok Sabha elections in India, the IPL tournament partly shifted out of the country and will return ..

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South Africa won ICC Under-19 World Cup 2014

For the first time, South Africa won the ICC Under-19 Cricket World Cup by defeating two-time former champions Pakistan by six wickets at the Dubai International Cricket Stadium. Man of the match – Mr. Corbin Borsch (South Africa) Player of ..

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Acenture study: India ranked 8th in demand for digital governance

As per new comparative study by Accenture, India ranked eighth in the list of ten countries in terms of digital governance. Singapore topped the list, followed by Norway and the United Arab Emirates (UAE). As indicated in the report, high-performing ..

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FATF released report on Money Laundering & Terrorist Financing

The Paris-based Financial Action Task Force (FATF) released an international report on money laundering and terrorist financing. Objective: To identify the Money Laundering and Terrorist Financing (ML/TF) vulnerabilities and risks of the “diamond pipeline” that covers all sectors in the ..

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India to Host 2017 FIFA U-17 World Cup

India will host the 2017 Under-17 World Cup Football. This will be the first time India will host an international football competition at world level. The 2017 FIFA U-17 World Cup will be the 17th tournament of the FIFA U-17 ..

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India Post joins hands with Wall Street Exchange to offer international electronic money transfer

The India Post unveiled instant electronic money transfer service in collaboration with Wall Street Exchange, (a company of UAE’s Emirates Post Group) in New Delhi. India Post inked a pact with Wall Street Exchange for launch of an International Electronic ..

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India re-elected to ICAO Council

India has been re-elected to the new Council of International Civil Aviation Organisation (ICAO) as one of the states making the largest contribution in facilitating global air navigation. The elections were held at the 38th session of the Assembly of ICAO ..

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SEBI nod to Jet-Etihad deal

The Securities Exchange Board of India (SEBI) has approved the Etihad Airways’ plan to buy a 24% stake in the Jet Airways as both carriers revised their deal to comply with conditions set by the markets regulator. After studying the ..

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RBI lowers remittance limit, discourage green card dreams

Taking further measures to reduce the burden on the already weakened rupee, RBI reduced the limit for remittances made by individuals to $75,000 from $200,000 per financial year and banned the purchase of property outside India. The rich Indians with ..

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Saudi Arabia switches weekend to Friday-Saturday

As per a royal decree, Saudi Arabia will switch its weekend to Friday-Saturday to better serve its economy and “international commitments”. This move will make Saudi Arabia the last of the six-nation Gulf Cooperation Council (GCC)– which includes Bahrain, Kuwait, Oman, Qatar and ..

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