Skip to content 
Search

Latest Stories

Indian businessmen in UAE rejoice Modi's poll win

LEADING Indian businessmen in the United Arab Emirates (UAE) have expressed happiness over prime minister Narendra Modi's thumping win in the elections, saying it would encourage big international companies to invest in India due to a clear mandate and simplified tax structures, according to a media report.

Prime minister Modi on Thursday (23) led his Bharatiya Janata Party (BJP) towards a mega victory for a second five-year-term in office.


"Modi government has made it very easy and transparent for us and surely not only non-resident Indians but big international investors will be more confident in coming to india now, because of the clear mandate," Yusuff Ali, chairman, Lulu Group, said.

He noted that all the visionary leaders of various Arab countries share a great relationship with Modi which will be strengthened in the coming years, the Gulf News reported.

B R Shetty, founder and chairman, NMC Healthcare, said that the new government will lead the country to the highest level. "I foresee India will be the leading nation in the world. The country will grow beyond expectations," he said.

Rizwan Sajan, founder and chairman of the Danube Group, said "the government's simplified tax structures have helped many brands like us to enter Indian market to generate more business and provide employment opportunities. We wish the same continues and the nation keeps growing and shinning.”

Joy Alukkas, chairman and managing director of Joyalukkas Group congratulated Modi and hoped there would be some great initiatives for the gold and jewellery business.

"As an entrepreneur, I look forward to the continued focus of the government for the growth of trade and commerce in India," he added.

Sealing its phenomenal electoral victory, BJP crossed the 300 mark as counting for votes for 542 Lok Sabha seats neared its end on Friday (24).

Dhananjay Datar, chairman and managing director of Al Adil Trading, said Modi's victory is good news for Non-Resident-Indians (NRIs) as the prime minister has done much to put India on the global map. "Indians today have become more visible. We can look at investment opportunities anywhere in the world with the confidence that we are recognised," he added.

(PTI)

More For You

Court to review teen's sentence in Bhim Kohli case
Bhim Kohli

Court to review teen's sentence in Bhim Kohli case

THE seven-year prison sentence handed to a 15-year-old boy convicted of the manslaughter of 80-year-old Bhim Sen Kohli is to be reviewed under the UK’s Unduly Lenient Sentence (ULS) scheme.

The Attorney General’s Office confirmed on Friday (5) that the teenager’s sentence will now be considered by the Court of Appeal.

Keep ReadingShow less
Dalai Lama hopes to live 'beyond 130 years'

Tibetan spiritual leader the Dalai Lama attends a prayer meet held for his long life at the Dalai Lama temple in the northern hill town of Dharamshala, India, July 5, 2025. REUTERS/Anushree Fadnavis

Dalai Lama hopes to live 'beyond 130 years'

THE Dalai Lama said on Saturday (5) he hopes to live until he is more than 130 years old, two decades longer than his previous prediction, following his assurance to followers that he would reincarnate as the spiritual head of the faith upon his death.

The Nobel Peace Prize winner was speaking during a ceremony organised by his followers to offer prayers for his long life, ahead of his 90th birthday on Sunday (6), and as China insists it will choose his successor. The Dalai Lama told Reuters in December he might live to 110.

Keep ReadingShow less
UK heatwave by mid-July

Daytime temperatures meeting or exceeding set thresholds of 25°C

iStock

Met Office warns of potential third UK heatwave by mid-July

Key points

  • Met Office forecasts rising temperatures by mid-July
  • Possible third heatwave after record-breaking June
  • High pressure system likely to bring hot air from the Atlantic
  • Yellow rain warning and flood alerts issued in parts of Scotland and Cumbria

Possible heatwave to return by mid-July

The UK could experience its third heatwave in a month by mid-July, the Met Office has said. Forecasters expect rising heat and humidity during the second weekend of July, following two weekends of unusually warm weather in late June.

June was officially the hottest on record in England, and the return of high temperatures could mean another heatwave for parts of the country. However, the Met Office cautioned that it is too early to confirm how hot conditions will get.

Keep ReadingShow less
crypto

Two men have been jailed for defrauding investors of £1.5 million through a fake crypto investment scheme. (Representational image: iStock)

iStock

Two jailed over £1.5m crypto investment scam

TWO people who duped investors of £1.5 million by selling fake investments in crypto have been jailed for 12 years, the Financial Conduct Authority (FCA) said.

Raymondip Bedi, of Bromley, and Patrick Mavanga, of Peckham, conned at least 65 people by cold-calling them between February 2017 and June 2019. They operated companies including CCX Capital and Astaria Group LLP.

Keep ReadingShow less
Manchester Police probes over 1,000 child sexual abuse suspects

Photo for representation. (iStock)

Getty Images/iStockphoto

Manchester Police probes over 1,000 child sexual abuse suspects

GREATER MANCHESTER POLICE is now investigating more than 1,000 child sexual abuse suspects, following years of public criticism and institutional failings in tackling child sexual exploitation.

A new report by His Majesty’s Inspectorate of Constabulary and Fire & Rescue Services (HMICFRS) has revealed the force has made “significant improvements” in dealing with group-based sexual abuse and related crimes.

Keep ReadingShow less