Top News

·         US Dollar reached its 17 months high of Rs 44 in August. Please read the Investment page for more on this.

·         Hindustan Aeronautics to set up big unit at the Kinfra Industrial Park in Kasargod district.

·         The Kerala unit of CPM decided to distance itself from further land reforms.

·         Customers of SBI can now send money from Saudi Arabia thru SBI Express facility at Arab National Bank and can get money credited in their account within 24 hours electronically at very low charges. SBI Express in also available at all major exchange companies in Gulf.

·         Kerala witnesses 20.37% jump in arrival foreign tourists.

·         SBI Life is now ranked 2nd in amongst the New Generation Life Insurance Players.

·         NRI/PIO scholarships common test to be held in October.

·         Kerala Government decided to acquire over 1000 hectares of land at Vizhinjam to build port. Defence ministry clears the port.

·         UAE has issued a new mortgage law to regulate the country’s real estate sector and to protect the rights of lenders and borrowers and improve transparency.

·         Kerala government will set up an electronics park in Kasargod district.

·         KTDC, Etihad Holidays in talks to develop tour packages to Kerala.

·         Pravasi Bharatiya Divas or NRI Day is scheduled at Chennai Jan 7 to 9. A website www.pbindia.org is launched for online registration.

·         The next two day mini Pravasi Bharatiya Divas is to be held in Singapore this October.

·         Several IT parks will be set up in Kerala in the next few months.

·         US has proposed changes to the rules for hiring temporary workers under the H-2B visa programme with provision to deny visas to nationals of countries including India.

·         Real Estate Consultant Jones Lang LaSalle said that by 2025 almost 600 million Indians will have enough to invest in British residential property.

·         India to put in place a mechanism to help Persons of Indian Origin (PIOs) of Caribbean Islands to trace their roots in India.

·         Population of NRIs in Qatar is now more than double the indigenous Qatari population.

·         Foreign students heading for Britain will be faced with tough new controls. Bahrain will now give Indians two week visit visas on arrival to attract tourists.

·         Kerala gave the green signal for setting up a medical university in Thrissur.

·         NRK Sandesham & SBI’s Kerala Circle wishes all our readers/customers very happy Onam and Ramadan Mubarak.