City Male Financial News

snow while low and middle hills were lashed by intermittent hail and rains on Saturday as the local MeT office predicted wet spell in Himachal Pradesh till April 4. A Himachal Roadways Transport Corporation (HRTC) bus turned turtle near Maling in the Kinnaur district after skidding on Saturday morning in the snow but no casualty was reported, an official said. Traffic came to a halt at the Atal Tunnel in Rohtang near Manali following heavy snow. Kalpa and Kukumseri received 5 cm of snow followed by Keylong with 3 cm of snow in the past 24 hours. A total of 168 roads, including three National Highways, were closed for vehicular traffic in the state on Friday night as per the data of the state emergency operation centre. Most of these roads are in a difficult terrain in Lahaul and Spiti, where 159 roads are still to be opened.

Wang Yi made a surprise visit to the Maldives, during which he held talks with President Mohamed Muizzu and discussed the state of bilateral relations, amid Male's recent warming up to India. Wang, who is also a member of the powerful Political Bureau of the Communist Party, met Muizzu during his stopover in Male on Friday while on his way back from a tour, official media reported. This was the first major visit by a Chinese official to Maldives after Muizzu visited China in January last year, months after his election. During Muizzu's visit, the two countries elevated the bilateral ties to a comprehensive strategic cooperative partnership and signed some key agreements.

Chief of Defence Staff General Anil Chauhan on Saturday held extensive talks with Maldives' Chief of Defence Force Major General Ibrahim Hilmy, focusing on a reset of military ties that came under severe strain after President Mohamed Muizzu assumed office in November last. The talks between the two top military officials came a day after India and the Maldives held the fifth round of defence dialogue which decided to expedite implementation of the ongoing defence projects. Officials said the talks were aimed at furthering the bilateral defence cooperation, especially on measures to strengthen regional security and enhance bilateral training opportunities. It is understood that cooperation in the maritime security domain dominated the discussions.

India for its support of the island nation in easing its debt repayment and affirmed hope that New Delhi and Male would forge stronger ties and sign a free trade agreement.

Fathimath Shamnaz Ali Saleem was arrested along with her sister and another person last month in the capital Male and stood down from her post shortly afterwards. Local media reported she was accused of performing «black magic» on President Mohamed Muizzu to win favour from his new administration.

Fathimath Shamnaz Ali Saleem was fired from her job after being detained on suspicion of practicing witchcraft on Maldives President Mohamed Muizzu alongside her two brothers. State minister Shamnaz of the Ministry of Environment was detained on June 23 along with two other suspects and placed under a seven-day remand. The Environment Ministry of the Maldives removed her from her position on Wednesday.

Cannabis stocks including Tilray, Curaleaf, and the AdvisorShares Pure US Cannabis ETF rallied on Thursday after the U.S. Department of Justice unveiled a historic proposal to ease restrictions on marijuana. Under the proposal, cannabis would be reclassified from a so-called Schedule I drug, which are considered highly additive with no medical benefits, to a Schedule III, signifying it has moderate to low potential for physical and psychological dependence.

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India to the Maldives has left the island nation as demanded by him, President Mohamed Muizzu has said. Muizzu, a pro-China leader, also reaffirmed that foreign ambassadors in Male will not wield authority over him emphasising that ultimate power rests with the citizens. Last month, he had alleged that his predecessor Ibrahim Mohamed Solih operated on the orders from «a foreign ambassador» without naming any country. He announced the withdrawal of the second Indian military contingent from the Maldives while speaking during a campaign event for the ruling People's National Congress party candidates ahead of the parliamentary elections scheduled for April 21.

tourists back to the Maldives, a major tourism body here has announced that it will hold road shows across key Indian cities. A full-blown backlash was directed at the Maldives following derogatory remarks against India and Prime Minister Narendra Modi on social media by three Maldivian officials after Modi posted photos and video of the pristine Lakshadweep Islands on India's west coast on January 6 on his X handle. Scores of Indians, including multiple celebrities, cancelled their reservations and dropped plans to visit Maldives. The tourism arrival statistics reflected how from being a top visitor country, India's position went down to first fifth and now at the sixth position after January.

Maldives, the government said on Friday, even as ties between Male and New Delhi remained tense amid rising Chinese influence. India, a leading exporter of rice, sugar and onions, has imposed various curbs on exports of these food commodities to keep a lid on local prices ahead of general election. Shipments of these commodities in the 2024/25 finiancial year which started on April 1 to Maldives «will be exempted from any existing or future restriction/prohibition on export,» the government said in a notification.

Muizzu highlighted the presence of Indian troops on three platforms in Maldives. ALSO READ: How did China strengthen its bond with Maldives amid India exit? 10 key collaborations between Male, Beijing He said the troops on the third aviation platform will be withdrawn by May 10. He was quoted as saying that the withdrawal of foreign troops from Maldives is being "pursued in accordance with diplomatic norms and principles".

Mohamed Muizzu took over as the Maldives President, he has offered China many opportunities to invest in the island nation. Here's in 10 points how China has been helping Maldives in the past few months: Earlier in March, China signed a defence cooperation agreement with the Maldives. As part of the deal, China would provide Maldives with free military assistance to foster "stronger" bilateral ties.

Former Maldivian President Ibrahim Mohamed Solih has urged President Dr. Mohamed Muizzu to abandon his obstinacy and engage in dialogue with neighboring countries to address the nation's financial woes, according to news portal adhadhu.com. Solih made these remarks during a rally in Male' organized to garner support for Maldivian Democratic Party (MDP) ahead of parliamentary elections. At the gathering, Solih highlighted media reports suggesting Muizzu's interest in discussing debt restructuring with India. However, Solih argued that Maldives' financial challenges stem primarily from debts owed to China rather than India. He emphasized that Maldives owes China more than two times the debt as compared to India. Expressing confidence in the willingness of neighboring and Islamic countries from the Middle East to assist Maldives, Solih emphasized the necessity of abandoning stubbornness and embracing dialogue. He criticized the current government's actions, sarcastically remarking on the limited assistance received from the Middle East, citing only 50 tons of dates.

Mohamed Muizzu to engage in dialogue with neighbouring countries to tackle the nation's financial challenges, PTI reported. Solih's remarks come in response to recent calls from President Muizzu, known for his pro-China stance, urging India to provide debt relief to the Maldives. Speaking at an event in Male', Solih emphasised the importance of dialogue and cooperation in overcoming the economic hurdles facing the nation.

Mohamed Muizzu asking India to withdraw troops from the island nation, India's Navy Chief R Hari Kumar has said that Prime Minister Narendra Modi's government has not told its defence personnel to pull out from Maldives. India and Maldives are reportedly in talks over the removal of troops from Maldives.

Indhira Gandhi Memorial Hospital Maldives' capital city Male. Aasandha Company Limited, the company responsible for medical evacuations, issued an official statement and said that the Medical Section of the company had processed and approved the airlift ambulance within 12 minutes. The 14 year old Malivian boy from Gaaf Alif Villingili, had a brain tumour and suffered a stroke, according to India Today.

Maldives, a 13-year-old lost his life due to delays in crucial medical treatment. Local media reports suggest the tragedy resulted from the alleged reluctance of the Maldivian government to use Indian choppers for timely medical evacuations.

Muizzu has asked India to withdraw their troops from the tourist island before 15 March. The troops, which India says provide help with humanitarian aid and medical evacuations for the residents of the remote islands of the country, have become a point of contention between India and Maldives, since President Muizzu, also known to be pro-China, assumed the seat of governance. However, reports suggest that the specific deadline to withdraw Indian troops from Maldives had more to do with a certain upcoming election, which holds significance for Muizzu's People's National Congress (PNC).

President Muizzu who recently completed a state visit to China, during which Beijing agreed to provide $130 million for the development of Male, the capital city. The two countries also signed an agreement on agricultural cooperation.

NEW DELHI : The Maldives has asked India to withdraw its troops stationed in the country by 15 March, said Abdulla Nazim Ibrahim, a top aide to President Mohamed Muizzu, at a press conference on Sunday. “Indian military personnel cannot stay in the Maldives. This is the policy of President Dr.