This Muslim country has 25% Indian population; was once a barren desert struggled with food scarcity, is now wealthiest nation in the world, is top exporter of…, country is…
In 1939, oil was first discovered in Dukhan, Qatar; however, due to World War II, production was slow until 1949, and thereafter Qatar rapidly developed into one of the largest oil and gas exporters in the world.
Approximately 700,000 to 800,000 of Qatar's total population of 2.8 million are Indians, representing nearly a quarter of the country's total population. Indian workers, IT specialists, doctors, and traders comprise dominant parts of this community. Doha, for example, features amazing malls, 5-star hotels, and beautiful beaches. The Souq Waqif, Museum of Islamic Art, and Katara Cultural Village are just a few experiences that showcase the diverse culture of Qatar.
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Time of India
16 minutes ago
- Time of India
Export outreach widened to 50 countries to negate US tariff hit
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India is expanding its export outreach to 50 countries including in West Asia and Africa to reduce reliance on any single market and mitigate the risks of trade disruptions amid the steep 50% tariffs imposed by the 50 countries account for about 90% of India's exports. The ministry of commerce and industry is working product by product to improve India's exports competitiveness, officials said."The idea is to tap top 50 countries and look at each product and the competitors. India must mitigate risks to improve manufacturing and export competitiveness," said an official. This exercise to explore alternative markets is being done with export promotion bodies and is crucial as India's merchandise exports in June were flat at $35.14 week, the US doubled the tariffs on its imports from India to 50% at par with Brazil and the highest on any country in a move marking an escalation of trade tensions between the two the initial 25% duty came into effect last week, the additional 25% is effective August 27. Sectors such as marine products, textiles, leather, gems and jewellery, are expected to be severely hit by the adds to the concern is that competing manufacturing hubs such as Turkey, Vietnam and Thailand face significantly lower tariffs of 15%, 20% and 19% respectively, making Indian products relatively less competitive in the US market."The Indian gem and jewellery sector, in particular, stands to be severely impacted. The US is our single largest market, accounting for over $10 billion in exports-nearly 30% of our industry's total global trade. A blanket tariff of this magnitude is severely devastating for the sector," said Kirit Bhansali, chairman, GJEPCThe government is also working on a strategy to safeguard India's exports from American tariffs. This includes offering tailor-made schemes under the proposed Export Promotion Mission for the affected sectors, diversion of goods to other geographies, and identifying products with less export orders that could be diverted to meet the domestic government was already focusing on 20 countries to increase exports but now 30 more have been included in the also said that the possibility of trade rerouting through low-tariff destinations such as Mexico, Canada, Turkey, UAE, or Oman-undermining the spirit of legitimate trade and impacting transparency, is another concern.
News18
42 minutes ago
- News18
Amit Shah Congratulates Security Forces, J&K Administration For Keeping Amarnath Yatra Safe
Curated By : Last Updated: August 11, 2025, 23:18 IST Union Home Minister Amit Shah (Image: PTI) Union Home Minister Amit Shah congratulated all security forces, Amarnathji Shrine Board, Jammu-Kashmir administration and voluntary organisations for their contribution in making the annual Amarnath Yatra safe and smooth. The yatra began on July 3 and was scheduled to conclude on August 9 on the occasion of Raksha Bandhan. However, authorities decided to shorten it by a week due to heavy rainfall and its impact on the yatra route. In a post on X, Shah said more than 4.14 lakh devotees visited the holy Amarnath cave shrine, reflecting the unbroken tradition and faith of Indian culture. " I congratulate all the security forces, Shri Amarnathji Shrine Board, Jammu-Kashmir administration and voluntary organizations for their contribution in making this pilgrimage safe and smooth." 'The contribution of all of you in making this holy pilgrimage successful was commendable and unique. May Baba Barfani keep his blessings on everyone," he added. ॐ नमः शिवाय!भारतीय संस्कृति की अटूट परंपरा और आस्था की प्रतीक श्री अमरनाथ जी की पवित्र यात्रा में इस वर्ष 4.14 लाख से अधिक श्रद्धालुओं ने बाबा बर्फानी के दर्शन किये। इस यात्रा को सुरक्षित और सुगम बनाने में अपना योगदान देने के लिए मैं सभी सुरक्षा बलों, श्री अमरनाथजी श्राइन बोर्ड,…— Amit Shah (@AmitShah) August 11, 2025 The Amarnath Yatra is an annual Hindu pilgrimage to the sacred Amarnath Cave Shrine, dedicated to Lord Shiva, located at an altitude of about 3,888 meters in the hills of Jammu and Kashmir. The cave houses a naturally formed ice Shivling, believed to represent Lord Shiva, and draws lakhs of devotees every year. However, the yatra was affected by heavy rainfall in Jammu and Kashmir, which rendered the roads unsafe. Authorities announced that the yatra would be suspended from August 3 due to the need for track maintenance along both the Baltal and Pahalgam axes of the route. Swipe Left For Next Video View all On July 17, the yatra was suspended due to heavy rains at the twin base camps in Kashmir. A woman pilgrim died while three others sustained injuries on July 16 in a landslide incident along the Baltal route of the Amarnath Yatra in Ganderbal district of Jammu and Kashmir. Moreover, four pilgrims were washed downhill by a landslide at Railpathri along the Baltal axis to the holy cave. This year, following a major terror attack in Pahalgam on April 22, the government deployed the highest number of troops ever for the annual yatra. In addition to the already extensive security presence in Kashmir, around 600 extra companies of paramilitary forces were assigned specifically for duties. Aveek Banerjee Aveek Banerjee is a Senior Sub Editor at News18. Based in Noida with a Master's in Global Studies, Aveek has more than three years of experience in digital media and news curation, specialising in international... Read More Aveek Banerjee is a Senior Sub Editor at News18. Based in Noida with a Master's in Global Studies, Aveek has more than three years of experience in digital media and news curation, specialising in international... Read More view comments News india Amit Shah Congratulates Security Forces, J&K Administration For Keeping Amarnath Yatra Safe Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy. Read More
Mint
42 minutes ago
- Mint
‘90% of India makes less than ₹25,000…': Jay Kotak slams ₹50,000 minimum bank balance rule
ICICI Bank is facing heat after hiking its savings account minimum balance by 5 times, and this time veteran banker Uday Kotak's son Jay Kotak has spoken up against the move. In a post on X without explicitly mentioning the ICICI Bank minimum balance hike, Jay Kotak said 90 per cent of Indians make less than ₹ 25,000 a month. 'Every Indian must access our financial sector. 90% of India makes less than ₹ 25,000 a month. A ₹ 50,000 minimum balance implies a sum equal to ~94% of Indians monthly income is to be left with the bank at all times, else a fee!,' he said. Jay Kotak, who leads Kotak Mahindra Bank's digital banking arm Kotak 811, said digital first is the way to go. 'Implication: physical cost to serve may be high. Digital first is the way. If banks don't do it, fintechs will. Banking should be for all Indians.' The ICICI Bank minimum balance for savings account has been hiked from ₹ 10,000 to ₹ 50,000 for urban accounts. MAB (Minimum Account Balance) for semi-urban locations and rural locations have also been increased five times ₹ ₹ 25,000 and ₹ 10,000, respectively, according to information available on the ICICI Bank website. Non-maintenance of ICICI Bank minimum balance will attract penalty, the bank said. The lender will charge 6 per cent of the shortfall in required MAB, or ₹ 500, whichever is lower, if you stay in an urban area and cannot maintain ₹ 50,000 account balance. The changes are applicable to ICICI Bank savings accounts opened on or after August 1. The minimum balance remains ₹ 5,000 for old customers in rural and semi-urban areas. For old urban customers, the minimum account balance should be maintained at ₹ 10,000. The ICICI Bank minimum balance hike was criticised by many, with social media users calling the move discriminatory and elitist. A user wrote, 'In a country where 23 crore people live below the poverty line, ICICI thinks ₹ 50,000 is a 'minimum'. Masterstroke!' In a letter to the finance secretary, 'Bank Bachao Desh Bachao Manch' termed the private lender's decision as "unjust and regressive". 'This retrograde decision undermines the principle of inclusive banking,' the forum's joint conveners, Biswaranjan Ray and Soumya Datta, claimed.
