Browsing: India

Housing sales in India declined during the second quarter of 2024, showing an 8 percent drop compared to the previous quarter, according to the latest data from Anarock, a prominent real estate consultancy operating in India and the GCC.

Non-resident Indians (NRIs) deposited over $1B into various bank schemes in India in April, marking a significant shift from a $150M outflow during the same period last year. This reversal indicates a change in expatriate remittances back to their homeland.

Bajaj Allianz Life, one of the leaders in private life insurance, commemorates its first anniversary of its representative office in Dubai, UAE. With a customer-first approach and a goal to deliver best-in-class services to Dubai’s Non-Resident Indian (NRI) population, Bajaj Allianz Life established its first representative office in Dubai in June 2023. This one-year milestone is significant for the Company as it reaffirms its strong commitment towards UAE as a priority geography.

In a significant move to enhance their defence and aerospace capabilities, EDGE, a leading global advanced technology and defence group based in the UAE, has entered into a strategic cooperation agreement with Adani Defence & Aerospace, a prominent Indian defence and aerospace company.