MUMBAI — Income-tax sleuths raided the office of the Indian Premier League (IPL), hunting for crucial documents relating to the controversial auction of the Kochi franchise, in Mumbai on Thursday evening.
The property market in India’s financial capital is sizzling with excitement following the sale of an apartment for a record price of over Rs100,000 ($2,250) a square foot.
MUMBAI - Indian finance minister Pranab Mukherjee’s budget, presented to the Lok Sabha on Friday, has been widely welcomed by the business, financial and commercial sectors.
The India-Gulf sector, one of the busiest international aviation routes in the region, will see more competition with Paramount Airways, a premium Indian carrier, planning operations to the UAE and Qatar later 
this year.
MUMBAI — India is a major contributor to the UAE’s economy, accounting for nearly 15 per cent of its total gross domestic product (GDP), Shaikha Lubna Al Qasimi, UAE’s minister of foreign trade, said here on Wednesday.
MUMBAI – Continuing its crackdown against the Shiv Sena, Mumbai police on Wednesday detained over a thousand activists even as the party threatened to disrupt screenings of Shah Rukh Khan’s film, My Name is Khan, due to be released on Friday.
MUMBAI — The financial crisis has speeded up the long-term structural change occurring in the world, shifting the centre of gravity of the global economy eastwards, declared Dr Omar bin Sulaiman, governor, Dubai International Financial Centre (DIFC) and vice-chairman, UAE Central Bank.
MUMBAI — A HIGH-level business delegation from Dubai will be interacting with top Indian government and business leaders at a seminar to be held here on Thursday.
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