Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Oman- Indian expatriates hope new PM fights graft, opens more investment avenues  Join our daily free Newsletter

MENAFN - Muscat Daily - 18/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) Indians in Muscat have reacted in different ways to India's Bharatiya Janata Party (BJP) sweeping the general elections and Narendra Modi being the new prime minister-designate. Reactions have ranged from hope to happiness.

Arvind Toprani, president of Muscat Gujarati Samaj said he was sure Modi would do the best for India.

''He has done tremendous development work in the Kutch region to which I belong. Unlike earlier, the place now has 24 hour water and electricity supply. Gujarat's tourism has seen a major boost. I am sure Modi will work in the same manner for India as well,'' Toprani said.

Businessmen are expecting more investment avenues opening up and relaxations in tax rules.

Thasleem Khan, CEO and managing partner of Intelligent Parking and Elevator Company hoped that the new government keeps the promises made during the election campaign.

''Modi should inspire us on the national and international arena. I hope he encourages more NRIs (non-resident Indians) to invest in India and eases regulations. I hope corruption levels fall and economic disparity narrows,'' Khan said.

It is being hoped that the new government does not implement the proposed 89-day tax rule.

P Chandrasekhar, group general manager of Jawad Sultan Group said, ''We hope the government doesn't implement the tax rule f overseas Indians. There are many who stay in India for over 89 days for personal or work reasons. This rule will be unfair to them.''

He said despite the controversies surrounding Modi, there will be communal peace in the country and good ties with neighbours. ''Ambitious projects like the river linking project is highly commendable. I am sure this will be implemented at the earliest. Also the General Anti-Avoidance Rules must not be implemented with retrospective effect and BJP old guard should not be ignored looking at their experience,'' Chandrasekhar said.

Aparna Shree, an artist living in Al Khuwayr said, ''We want a corruption-free India, and free education and healthcare for the poor. Rights and safety of women must be one of the top priorities of the new government. There should be no caste-based reservation quota for education and jobs.''

Calling BJP's clean sweep a victory a phenomenal achievement by Modi, she added, ''Our good wishes are with him and we all hope to see India as a developed country very soon.''

Laxman, who works in a local restaurant, said he expected airline fares to come down and taxes on essential commodities and medicines are reduced.

Jagjit Singh, an automobile expert and businessman in Muscat said, ''I always looked up to the Aam Aadmi Party, but it lost. I don't have much hope in the Modi gove


 


Muscat Daily




  MENA News Headlines
 Jul 27 2016 - Ascott, Bathel Alkhair agree on project in RiyadhMENAFN
(MENAFN) Ascott, a leading service residence owner-operator, is seeking to expand its operations in Saudi Arabia with plans for The Ascott Villas Riyadh.The company signed an agreement with Bathel ...

 Jul 27 2016 - Omran's to deliver three new hotels in MuscatMENAFN
(MENAFN) Oman Tourism Development firm (Omran), a leading tourism developer, heritage and multi-use projects, is on its way to deliver three new hotels in Muscat, boosting room's capacity in Oman by ...

 Jul 27 2016 - Dubai, Abu Dhabi witness Residential rents dropMENAFN
(MENAFN) Residential rents in Dubai and Abu Dhabi has experienced a remarkable drop during the first six months of this year, compared to the same period in 2015, according to a report.In detail, ...

 Jul 27 2016 - Libya fund picks PwC as official advisorMENAFN
(MENAFN) The Libyan Local Investment & Development Fund's (LLIDF) has chosen the professional services firm PwC as its advisor to enhance feasibility studies for three strategic schemes.By the ...

 Jul 27 2016 - Global companies battle to win Saudi projectsMENAFN
(MEANFN) A number of international firms have submitted bids for a consultancy deal to manage Saudi Arabia's National Project Management Office.In detail, a local report in Saudi has revealed that ...

 Jul 27 2016 - Kuwait- Visa for parentsArab Times
(MENAFN - Arab Times) I am in India and daily read the Legal Clinic column of your newspaper. I wish to get your advice on following problem, which you may or may not print it in newspaper. My son ...

 Jul 27 2016 - Kuwait- Landlord problems - Villa rentalArab Times
(MENAFN - Arab Times) First of all I would like to appreciate your service as it helps a lot in understanding the Kuwait laws. Getting further, our house owner has been creating problems for us. We ...

 Jul 27 2016 - It is Erdogan-Brotherhood coupArab Times
(MENAFN - Arab Times) Ahmed Al-Jarallah Editor-in-Chief, the Arab Times IT IS no longer hidden to anybody that Recep Tayyip Erdogan has turned what appears to be a botched coup d'etat, which to him ...

 Jul 27 2016 - Kuwait- Bachelor 'invasion'Arab Times
(MENAFN - Arab Times) I was living in one of the most peaceful residential areas an expat could dream for the last 12 years. I am talking about Block 1, Abu Halifa. In the last few years, a lot of ...

 Jul 27 2016 - Kuwait- Employees problemsArab Times
(MENAFN - Arab Times) I am writing to the Arab Times because I need advice regarding my employment status. Here's my story: Company A and company B went to a certain country to recruit employees. ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help