PM Modi vows to strengthen India-Maldives ties, inks currency swap deal with President Muizzu

News Network
October 7, 2024

modimuizzu.jpg

New Delhi: Seeking to strengthen bilateral ties, India and the Maldives on Monday inked a currency swap agreement to the tune of $400 million, a move that would help the archipelago nation overcome foreign exchange reserve issues.

Prime Minister Narendra Modi and visiting Maldivian President Mohamed Muizzu also launched Rupay card in the Maldives, inaugurated the new runway at the Hanimadhoo International airport and agreed to further strengthen bilateral relations that had hit a rocky patch last year.

Muizzu, who is on a four-day state visit, held talks with Prime Minister Modi at the Hyderabad House here.

After the talks, India also handed over 700 social housing units to the Maldives built under the EXIM Bank’s buyer’s credit facilities.

"Today, we have inaugurated the redeveloped Hanimaadhoo Airport. Now, the Greater Male Connectivity Project will also be expedited. We will also support the development of a new commercial port in Thilafushi," Modi told reporters here with Muizzu by his side.

Modi said India and Maldives have decided to initiate discussion on the Free Trade Agreement to further strengthen economic ties.

The prime minister described Maldives as a "close friend" which had an important position in India's neighbourhood policy and SAGAR vision.

"India has always fulfilled the responsibilities of a neighbour. Today, we have taken up the vision of a comprehensive economic and maritime security partnership to give our mutual cooperation a strategic direction," Modi said.

Earlier, Muizzu was accorded a ceremonial welcome at the Rashtrapati Bhawan by President Droupadi Murmu. Prime Minister Modi was also present on the occasion.

Muizzu was given a tri-services guard of honour before he drove down the Rajghat to offer his respects at the memorial to Mahatma Gandhi.

The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office in November.

Muizzu won the presidential election last year on the 'India out' campaign and asked New Delhi to withdraw its military personnel posted in the archipelago nation by May this year.

The bilateral ties also hit a rocky patch when Maldivian ministers were critical of Modi. However, Muizzu has since toned down his anti-India stance and even sacked ministers who were critical of the Indian prime minister.

As the Maldives was grappling with a serious economic downturn, India has decided to extend vital budgetary support to the Maldives government with the rollover of a $50 million Treasury Bill for another year.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
December 10,2024

strikes.jpg

The Israeli military has occupied several villages south of Damascus, with its tanks now being stationed around 20 kilometers from the outskirts of the Syrian capital, a new report says.

Lebanon's al-Mayadeen television network reported on Tuesday that the Israeli tanks have moved past the southwestern Syrian city of Quneitra and reached 3 kilometers away from the town of Qatana, near Damascus. 

Israel started the push to expand its occupation of Syria on Sunday, after foreign-backed militants, led by Hay'at Tahrir al-Sham (HTS), announced the fall of Syrian President Bashar al-Assad’s government following a rapid two-week offensive that led to the capture of Damascus.

Israeli forces seized the buffer zone that separates the occupied Golan Heights from the rest of Syria in violation of a 1974 disengagement agreement between the Tel Aviv regime and Syria.

They also captured the strategic Mount Hermon in Golan, which provides high ground for the entire area.

Israeli prime minister Benjamin Netanyahu said that the Syrian Golan Heights will remain part of the occupied territories “for eternity.”

Israel's exploitation of the current chaotic situation to deploy its occupation forces to Syria has drawn condemnations from regional countries.

“We condemn the fact that Israel has entered Syrian territory and taken control of the buffer zone,” Jordanian Foreign Minister Ayman Safadi said.

Similarly, Saudi Arabia’s Foreign Ministry said, "The seizure of the buffer zone in the Golan Heights … confirms Israel’s continued violation of the rules of international law, and its determination to sabotage Syria’s chances of restoring its security, stability and territorial integrity.”

Meanwhile, Israeli media reported that the regime has carried out nearly 300 air raids on Syria over the past two days.

They added that if the aerial assaults continue at their current pace, the Syrian Air Force will be all but destroyed in a matter of days.

New Israeli strikes hit the Syrian city Salamiyah, in the eastern countryside of Hama Province, as well as military installations north of Raqqah, and the Shayrat air base in Homs' countryside.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
December 11,2024

dubaidreams.jpg

A sudden wave of visa rejections is shattering the travel plans of Indian tourists hoping to visit Dubai. Stricter visa norms introduced by the United Arab Emirates (UAE) have left travelers scrambling, causing financial losses and widespread frustration.

Indian tourists are facing an unprecedented rate of visa denials, with rejection rates skyrocketing from a mere 1-2% to 5-6% daily. These rejections are happening despite applicants meticulously submitting confirmed flight tickets, hotel bookings, and other required documents.

Tightened Rules and Rising Challenges
The UAE’s newly imposed regulations demand additional proof of accommodation, whether in hotels or with relatives. For those staying with family, documents such as the host’s rental agreement, Emirates ID, and residence visa copy must now be submitted.

Travelers and travel agencies report that even flawless applications are being rejected. “Even when confirmed flight tickets and hotel stay details are attached, the visa applications are being rejected,” said Nikhil Kumar, director of Passio Travels Pvt Ltd.

In a striking case, a family of four—despite submitting all required documents—faced rejection, derailing their meticulously planned trip. Similarly, a group of 35 saw their vacation plans collapse when one member’s visa was denied.

Mounting Financial Losses
The rejections are not just a logistical nightmare but also a financial burden. Passengers are losing thousands on visa fees, pre-booked flight tickets, and hotel reservations. Vijay Thakkar, director of Hasmukh Travels, shared how two of his clients lost nearly ₹34,000 due to visa denials.

Advisory from Travel Experts
Travel experts are urging applicants to avoid shortcuts like dummy tickets or fake documents, which could lead to lifelong bans. “Dubai is extremely strict. Rejections can create long-term complications. Ensure all documents are genuine and complete,” advised Nilesh Bhansali, president of the Travel Agents Association of Pune.

UAE’s New Visa Norms
The UAE has raised the bar for tourist visa applications, requiring travelers to:

  • Submit hotel reservation proof and return tickets.
  • Provide bank statements for the last three months with a minimum balance of ₹50,000.
  • Present PAN cards if opting for hotel stays.

These measures aim to tighten entry protocols but have left many Indian travelers stranded, frustrated, and financially strained. For now, aspiring Dubai visitors must navigate these new hurdles with caution and precision to keep their travel dreams alive.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
December 10,2024

Mangaluru: In a chilling reminder of the dangers lurking online, a man from Mangaluru fell victim to a sophisticated investment scam, losing a staggering ₹16.9 lakh. The fraudsters, posing as investment advisors, lured the victim via a WhatsApp group with promises of lucrative returns in the share market.

The trap was set when the victim clicked on a link sent by the fraudsters and downloaded a suspicious app. Over time, he transferred substantial sums of money to the fraudsters’ bank accounts, believing he was making profitable investments.

The scam unraveled when the victim tried to withdraw his money but found himself unable to do so. Realizing he had been duped, he lodged a complaint with the Mangaluru Rural Police, who have since registered a case and launched an investigation.

Be cautious

Always verify the authenticity of financial offers, especially when approached via social media or messaging apps. Avoid clicking on unsolicited links or downloading unverified apps. Stay vigilant to protect your hard-earned money from scammers.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.