Chennai, July 23 (IANS) With the northeast monsoon approaching, the Greater Chennai Corporation (GCC) has intensified flood mitigation works across the city, setting deadlines between July and October to complete canal restoration, stormwater drain (SWD) projects and waterbody improvements. While the civic body says several key projects are nearing completion, residents and civic activists have raised concerns over missing drain links, incomplete desilting and poor coordination that could affect…
Latest GCC News & Updates
New Delhi, July 9 (IANS) India’s next phase of global capability centre (GCC) expansion will be far more geographically diverse, with Tier-II and Tier-III cities emerging as key hubs of innovation, Finance Minister Nirmala Sitharaman said on Thursday.Addressing the CII National GCC Business Summit 2026 here, the Finance Minister said the first 2,000 GCCs were largely concentrated in metropolitan centres, but the next wave of growth is expected to spread across a wider range of cities as the geog…
New Delhi, July 6 (IANS) White‑collar hiring in India grew over 6 per cent in June, with AI and machine‑learning roles continuing to outperform, posting 25 per cent year‑on‑year growth in June, a report said on Monday.The report from jobs site Naukri said insurance continued its strong run with 16 per cent growth, FMCG at 7 per cent, telecom at 6 per cent, real estate at 5 per cent and BPO/ITES and pharma or biotech at 4 per cent each.The report said that the Naukri JobSpeak Index reache…
New Delhi, July 3 (IANS) Commerce Minister Piyush Goyal announced on Friday that, for the first time ever, 40 metric tonnes (MT) of biscuits manufactured in Varanasi have been exported to Oman under the India-Oman CEPA (Comprehensive Economic Partnership Agreement). An MoU has also been signed for the supply of nearly 700 MT of biscuits to Oman and other Gulf Cooperation Council (GCC) countries during the financial year 2026–27, the minister further stated in a post on X.Preferential tariff be…
Mumbai, June 26 (IANS) Private equity (PE) investments in Indian real estate stood at $1.13 billion in H1 2026, led by robust demand for office assets, which accounted for nearly 89 per cent of total investments, a report said on Friday. The office segment witnessed a 33 per cent increase in investments year-on-year, while NCR emerged as the largest investment destination with inflows of $411 million, data compiled by Knight Frank India showed.”Over the past few years, investors have witnessed a…
Washington, June 25 (IANS) US Secretary of State Marco Rubio on Thursday said Gulf Arab states would be kept closely involved at every stage of Washington’s negotiations with Iran, saying the United States would not make commitments affecting regional security without consulting its partners. Speaking after a ministerial meeting between the United States and the Gulf Cooperation Council (GCC) in Bahrain, Rubio said Gulf leaders had made it clear they wanted regular consultations as negotiations …
Washington, June 25, (IANS) The United States and the Gulf Cooperation Council (GCC) on Thursday reaffirmed their strategic partnership, backed the June 17 memorandum of understanding (MOU) between Washington and Tehran, and declared that no tolls or fees should ever be imposed on ships transiting the Strait of Hormuz. The joint declaration followed a ministerial meeting in Manama, co-chaired by US Secretary of State Marco Rubio and Bahraini Foreign Minister Abdullatif bin Rashid Al Zayani, with…
Chennai, June 24 (IANS) The Greater Chennai Corporation (GCC) council is set to meet on Wednesday for the first time in four months, following a break caused by the Assembly elections and the enforcement of the Model Code of Conduct. The meeting is expected to draw attention from both residents and political observers. While citizens hope that long-pending civic grievances will be taken up by their elected representatives, political circles are watching developments related to councillors joinin…
Washington, June 22 (IANS) US Secretary of State Marco Rubio will travel to the United Arab Emirates (UAE), Kuwait and Bahrain from June 23-25 for talks focused on regional security, the Iran memorandum of understanding, and maritime transit through the Strait of Hormuz, the State Department announced on Monday.State Department spokesperson Tommy Pigott said Rubio’s visit will centre on a range of regional priorities at a time when the United States and its Gulf partners are engaged in efforts t…
Washington, June 18 (IANS) US Vice President JD Vance on Thursday said Gulf Arab nations strongly support the Trump administration’s Iran agreement, arguing that regional governments view it as a “transformative” opportunity to weaken Tehran’s destabilising activities and promote long-term stability in the Middle East. At a White House briefing, Vance repeatedly pointed to backing from Gulf countries as one of the strongest endorsements of the agreement, contrasting their reaction with their opp…