India's Prime Minister Narendra Modi has created a stir by referring to the southern city of Hyderabad as Bhagyanagar, the name his party has long sought to give the medieval city.
“Hyderabad is Bhagyanagar,” Mr Modi said at a meeting of the Bharatiya Janata Party's national executive in Hyderabad — known for its pearls and heritage of erstwhile Muslim rulers called nizams — that is now capital of Telengana state.
His remarks come as the BJP is trying to gain a foothold in the state ruled by a regional party, the Telangana Rashtra Samithi.
Hyderabad or Bhagyanagar?
The origins of Hyderabad as the name of the city, founded in 1591 by Mohammad Quli Qutub Shah, are unclear.
Many say the name Hyderabad has its origins in the last Muslim Caliph Ali Ibn Abi Talib, who was also known as Hyder, meaning lion, for his valour.
Hyderabad, an Arabic-Persian name, translates as “Lion’s city”.
However, many Hindus claim the city’s was initially named Bhagnagar, meaning “city of flowers”, after a Hindu dancing girl named Bhagmati who married the Muslim founder before converting to Islam and taking the name Hyder Mahal.
But another section of Hindus say the city was named after the Bhagyalakshmi temple, a modest structure made of bamboo and tarpaulin adjoining the 16th-century Charminar monument in the Old City.
The Archaeological Survey of India, which oversees historical sites, has said the temple is an unauthorised construction that it did not exist before 1960. It has sent several notices to the city administration for its removal.
Home Minister Amit Shah had paid homage at the temple in 2020 before campaigning for the BJP in municipal elections.
Significance of Hyderabad
After the Mughals briefly ruled Hyderabad, a former Mughal governor Mir Qamar-ud-din Khan conquered the city in 1724 and established the Asaf Jahi dynasty of nizams that ruled the region until 1948.
After the nizams signed a treaty with British colonisers, their territory came to be known as Hyderabad State — the largest princely state in British India with the city of Hyderabad as its capital.
A year after India attained independence in 1947, New Delhi invaded and annexed Hyderabad State after the refusal of the last nizam, Mir Osman Ali Khan, to join the Indian dominion. He was considered to be one of the richest people in the world at the time.
The territory, which included parts of present-day Andhra Pradesh, Telangana, Karnataka and Maharashtra states, was divided on linguistic lines in the 1950s.
Hyderabad city became the capital of the new state of Telangana that was carved out of Andhra Pradesh in 2014 after separatist movement lasting five decades.
Hindu votes
While the renaming of cities is not new in India, the BJP has been particularly active in this regard, changing names of more than a dozen cities since coming to power in 2014.
Several changes in recent decades sought to restore the original names of cities from their anglicised versions, such as changing Bombay to Mumbai and Calcutta to Kolkata.
But more recent changes have largely been in states ruled by the BJP and applied to cities named after historical Muslim rulers or names with Muslim associations.
In Uttar Pradesh, the city of Allahabad was renamed Prayagraj in 2018.
This year, Madhya Pradesh state, also ruled by the BJP, changed the names of three cities, including of Hoshangabad, founded by Hoshang Shah in the 15th century, to Narmadapuram.
Last week, the state government in Maharashtra led by the Shiv Sena, a right-wing Hindu party, changed the names of Aurangabad and Osmanabad cities to Sambhajinagar and Dharashiv, respectively, in its final act before being toppled by a party rebellion.
The push to rename to Hyderabad is regarded as a bid by the BJP to win over the majority Hindu voters in Telengana for region elections due to be held early next year.
The incumbent chief minister, K Chandrasekhara Rao, and his secular party were instrumental in the creation of the state and have been in power since 2014.
Killing of Qassem Suleimani
Tips to keep your car cool
- Place a sun reflector in your windshield when not driving
- Park in shaded or covered areas
- Add tint to windows
- Wrap your car to change the exterior colour
- Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
- Avoid leather interiors as these absorb more heat
A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
UAE currency: the story behind the money in your pockets
THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
Mercedes-AMG GT 63 S E Performance: the specs
Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor
Power: 843hp at N/A rpm
Torque: 1470Nm N/A rpm
Transmission: 9-speed auto
Fuel consumption: 8.6L/100km
On sale: October to December
Price: From Dh875,000 (estimate)
Zidane's managerial achievements
La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
FIXTURES
December 28
Stan Wawrinka v Pablo Carreno Busta, 5pm
Milos Raonic v Dominic Thiem, no earlier then 7pm
December 29 - semi-finals
Rafael Nadal v Stan Wawrinka / Pablo Carreno Busta, 5pm
Novak Djokovic v Milos Raonic / Dominic Thiem, no earlier then 7pm
December 30
3rd/4th place play-off, 5pm
Final, 7pm
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%206.5-litre%20V12%20and%20three%20electric%20motors%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E1%2C015hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E1%2C500Nm%20(estimate)%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20Eight-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Early%202024%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh2%20million%20(estimate)%3C%2Fp%3E%0A
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
MATCH INFO
What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany
Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)