India-Kuwait linkages go back to ancient times, with recent excavations showing that connections between the Indian west coast and the Kuwait region pre-date the Indus Valley and Mesopotamian civilisations. Kuwait's strategic position made it a natural trading hub linking India, Mesopotamia and the Mediterranean. Guided by monsoon winds, Kuwaiti dhows navigated the Indian coastline from Gujarat to Kerala, fostering robust commercial ties and interaction with local communities. India was a major market for Kuwaiti pearls, Arabian horses, and Basra dates, which were traded for our spices, textiles and food products. The emergence of Mikimoto cultured pearls in the 1920s and the Great Depression of 1929 disrupted the natural pearls market while surging oil revenues following the discovery of oil in Kuwait in the 1930s delivered a deadly blow to it. Reflective of our close commercial ties, the Indian rupee was the official currency in Kuwait till its independence in 1961.
This story is from the December 21, 2024 edition of Hindustan Times Chandigarh.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 21, 2024 edition of Hindustan Times Chandigarh.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Profitable From Day 1: Fateh Makes Sonu The New Bankable Star
In a landscape where box-office hits often rely on huge budgets and top-tier stars, Sonu Sood's Fateh has rewritten the playbook, establishing him as a new bankable star in the country.
AI-generated love: Fake connections steal hearts and money
As more and more cases of catfishing and digital scams come forward, one in particular has avid daters worrying – deepfake love interests.
Chill deepens as night temp drops to 6.5°C
The winter chill tightened its grip on the city with the minimum temperature plummeting by four notches on the intervening night between Thursday and Friday.
I knew nobody could beat me in the last lap: Distance runner Mo Farah
The faint murmur inside the conference room eased as the large screen came to life. A video played back memories of Mo Farah's greatest athletics achievements.
26-Year-Old Man Jumps to Death From Seventh Floor in Sec 88
A 26-year-old man allegedly ended his life by jumping from the seventh floor of Purab Premium Apartments in Sector 88 on Thursday night.
Looking To Surrender Insurance Policies, Retired Colonel Loses ₹4L
A 68-year-old retired Colonel was duped of ₹4 lakh by an unknown person claiming to be from the insurance ombudsman office.
'Only revdis, no clear vision': Kejriwal on BJP manifesto
Aam Aadmi Party (AAP) chief Arvind Kejriwal on Friday claimed that the Bharatiya Janata Party (BJP) has \"no vision\" for Delhi, accusing the BJP of contesting the upcoming elections based on his party's guarantees.
Top court directs UP, Hry to impose ban on firecrackers
Terming the rising air pollution a \"drastic\" problem, the Supreme Court on Friday said the measures that are needed to deal with it should also be \"drastic\" and asked the Uttar Pradesh and Haryana governments to impose a complete ban on firecrackers in their areas falling under the National Capital Region.
Security forces launch search ops in Kathua, security beefed up
The security forces launched a search operation following reports of suspected movement in Jammu and Kashmir's Kathua district on Friday, people familiar with the development said.
Kangana Ranaut as the late Indira Gandhi makes this political drama bearable
I walked inside the theatre to watch Emergency, and that prosthetic nose on Kangana Ranaut's face, trying to help her look like the late Prime Minister of India, Indira Gandhi—combined with the involuntary facial twitches—made it clear, this is going to be a 'caricaturish' portrayal.
