Author: Starvision Desk

“We will be entering a number of free trade agreements. We have got one with Singapore. We are about to finalize one with Thailand. We are discussing with India of upgrading agreement. Talking with Bangladesh,” President Wickremesinghe said while addressing the 2023 Commercial Mediation Symposium in Colombo. While stressing the significance of international trade agreements, President Wickremesinghe also underscored the need for Sri Lanka to become a centre for alternate dispute resolution.He emphasized that success in dispute resolution was crucial for Sri Lanka’s aspirations to be an outward-looking economy. With the aim of resolving dispute and offshore activities efficiently and…

The FTC and its state partners said that Amazon’s actions allow it to stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, stifle innovation, and prevent rivals from fairly competing against Amazon. “Our complaint lays out how Amazon has used a set of punitive and coercive tactics to unlawfully maintain its monopolies,” said FTC Chair Khan. “The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly power to enrich itself while raising prices and degrading service for the tens of millions of American families who shop on its platform and the hundreds…

According to TechCrunch, Byju’s will go through the restructuring exercise “to pare down costs amid a broad restructuring of its business following a delayed IPO and pressure from lenders”.The restructuring exercise is being undertaken under the leadership of new CEO Arjun Mohan, according to the report.“We are in the final stages of a business restructuring exercise to simplify operating structures, reduce the cost base and better cash flow management,” a company spokesperson said in a statement.“Byju’s new India CEO, Arjun Mohan, will be completing this process in the next few weeks and will steer a revamped and sustainable operation ahead,”…

Tamim had informed the selectors earlier about his persistent injury.The rest of the squad looks as predictable as the Asia Cup squad. Skipper Shakib Al Hasan will continue to lead the side, while Najmul Hossain Shanto was elevated to vice-captaincy.Tamim announced his decision to step down as the Bangladesh ODI team captain after a back injury had ruled him out of the Asia Cup 2023. However, he regained fitness ahead of the World Cup but is no longer a part of the squad for the tournament.He is their leading run-scorer in ODIs and led the current side to an automatic…

According to information, the routes are currently being finalised, and the procurement process for small electric buses is also nearing completion.The Delhi government had announced in the budget the purchase of 2080 neighborhood buses (small buses with a length of 9 meters) to operate in different residential areas of Delhi. Out of these, a deal is expected to be made this week with bus manufacturers to purchase 1040 buses. If this agreement is reached, the delivery of these buses will commence within the next three months.Delhi Transport Minister Kailash Gahlot has stated that often there are complaints about the last-mile…

In a letter shot to the Prime Minister, Gogoi said, “I write this to you to draw your kind attention to the issue of allocation of Pradhan Mantri Kisan Sampada Yojana (PMKSY) subsidy, implemented by the Ministry of Food Processing Industries, Government of India, to the family member of Assam Chief Minister.”“It has come to notice that the Ministry of Food Processing Industries, under the Pradhan Mantri Kisan Sampada Yojana (PMKSY) and the Scheme for Creation of Infrastructure for Agro Clusters, has allocated an amount of Rs 10 crore to M/S Pride East Entertainments Private Limited, the promoter of which…

Jodhpur, Sep 26 (IANS) Researcher at the Indian Institute of Technology (IIT) Jodhpur has identified promising single-atom catalysts for nitrogen reduction reaction (NRR) required for the synthesis of green ammonia. Ammonia is one of the key elements in the fertiliser industry as well as in paper, textile, rubber industries. Ammonia could also be a potential carrier for hydrogen for easy transportation and storage of the fuel, which may speed up the hydrogen economy in our country by utilising the existing ammonia pipelines. Currently, the conventional process of synthesising green ammonia has an enormous carbon footprint, as it emits about 3…

Dilip Shanghvi and Associates, referred to as the ‘Investor Group’, who had entered into an amended and restated shareholders’ agreement dated February 28, 2020 with the promoters/promoter group of the company and the company, have informed the company and the other shareholders, who are party to the agreement, that the Investor Group has decided to terminate the agreement in accordance with the terms of the agreement, Suzlon said.There would not be any impact on the operations of the company on account of the termination of the agreement, the company said.This is to further inform that simultaneously with the termination of…

With these guidelines, the Kejriwal government aims to prevent electrocution incidents and provide substantial compensation to affected families in time.”This pivotal decision follows the orders issued by the National Human Rights Commission (NHRC) in 2021, and it underscores the commitment of the Power Department to safeguard the lives of Delhi’s residents. The decision has been taken in light of recent electrocution incidents recorded in Delhi,” the AAP government said in a statement. Delhi Power Minister Atishi said: “These guidelines will guide state authorities and power distribution companies (DISCOMs) in taking proactive measures to avert electrocution incidents. Among the preventive measures…

The report titled “Blended Finance for Climate Investments in India”, which was released on Tuesday, noted that India is the only G20 nation which is in line with 2 degrees warming compared to its fair share contribution to climate action.NDCs are at the heart of the Paris Agreement and the achievement of its long-term goals. They embody efforts by each country to reduce their national emissions and adapt to the impacts of climate change.The report said that the RBI included the small renewable energy sector under its priority sector lending scheme in 2015 itself. “Since the first issuance of green…