The minister also thanked the Indian diaspora in the UAE for the excellent work they had done to support Modi develop a strong bonding between the two countries.
As soon as the rate cut was announced by Finance Minister Nirmala Sitharaman, stock markets skyrocketed in euphoria and both Sensex and Nifty ended the day with over 5 per cent gains.
In case you are waiting for the discount offers to begin purchases for the upcoming festive season, you may book items of you choice by adding those in wishlist.
The Enforcement Directorate said Kakkad, through his companies -- Sai Infosystem (I) Ltd, Atrium Infocomm Pvt. Ltd and Click Telecom Pvt Ltd based in Ahmedabad -- generated "proceeds of crime" to the tune of Rs 867.43 crore which was also laundered by him.
In just a matter of one year, UPI payments in India shot up 8.7 folds to Rs 8.7 lakh crore in FY19. Similarly, overall mobile transactions also grew rapidly to Rs 29.5 lakh crore in FY19.
