Author: Staff Reporter (Staff Reporter)

The two leaders also discussed bilateral ties and CEPA

The changes came into immediate effect after being published in the Official Gazette on September 15, 2026. Under the newly substituted Sub-Rule (1A) of Rule 12, a 36-page ordinary passport issued to children under 15 years of age will be valid for five years from the date of issue or until they turn 18, whichever is earlier

Discussions examined how artificial intelligence, elevated interest rates, geopolitical uncertainty and changing currency dynamics are influencing global capital allocation. While UAE firms have deployed approximately US$25 billion into India over the past decade, mainly through sovereign investment, the panel identified further potential for private equity, venture capital and family office participation

The UAE is PhonePe's first foreign market. The fintech company intends to build a global business over the next decade

The pilot is currently being conducted in the UAE for people - primarily NRIs - who have Aadhaar. The system is expected to be in place by the end of the current financial year

The meeting reviewed avenues for cooperation and coordination within the framework of the historic friendship and Comprehensive Economic Partnership Agreement (CEPA) between the two countries, as well as the continued growth of bilateral ties across various fields

This was their second meeting in under two weeks

NRI commission chairperson Justice Sophie Thomas has asked the public to be cautious while taking up jobs overseas, and consider employment opportunities abroad only through licensed recruiting agencies

The Finance Minister has instructed banks to introduce innovative deposit products and maintain the pace of mobilisation during the remaining tenure of the swap facility schemes launched by the Reserve Bank of India

A significant surge in NRIs buying properties in India has been noticed with most of them investing not only in residential real estate, but the commercial segment as well