Author: Starvision Desk

Sri Lanka’s State Finance Minister Shehan Samasinghe announced that the repayment of the loan has been started and on the plans on the upcoming installments of $100 million and final installment of $50 million.Having undergone a severe financial crisis in 2021, Sri Lanka had borrowed $200 million from the Central Bank of Bangladesh under a currency swap deal.Though the repayment was promised within three months, aggravated economic crisis in Sri Lanka turned to a political upheaval with the sitting government was forced to abandon and the President to flee the country. Thus, Sri Lanka sought several extensions for the repayment.The…

The proposed policies, including an interest rate subsidy of three per cent, are expected to stimulate the enterprises to improve their competitiveness and join the supply chains of multinational corporations, local newspaper Vietnam News reported on Monday, citing the Ministry of Industry and Trade.The measures will also include corporate income tax incentives, support in investment promotion, human resource training, research and development, technology application, renovation and transfer and credit support, according to the Ministry.The Ministry of Industry and Trade estimates that about 5,000 enterprises operating in the part-supplying industries are eligible for the support policies, Xinhua news agency reported.The Ministry…

“The charge sheet was filed before the special PMLA court in Bhubaneswar with prayer for conviction of the accused and confiscation of properties worth Rs 21.19 crore,” said an ED official.The ED initiated an investigation under the PMLA based on an FIR and chargesheet filed by the CBI.The ED investigation revealed that the term loan amount of Rs 56.29 crore disbursed to ARSSDHTPL was diverted to regularise irregular cash credit loan account of ARSSIPL.The loan amounts were then diverted for expenditure which were not related to Damoh-Hirapur Road project and also to a sister concern named ACPL which had no…

The report highlighted that the amount is just Rs 5 crore more than Reliance’s OTS (one time settlement) offer price of Rs 1,260 crore.As per the Swiss Challenge process, the lenders were supposed to determine the starting price between 5 per cent minimum and 15 per cent maximum of the base price of Rs 1,220 crore that was initially offered by CFM.This would mean Rs 1,281 crore to Rs 1,403 crore.Notably, after the Income Tax department searches, the Reserve Bank of India (RBI) had also carried out a special audit of these ARCs and based on the outcomes, it had…

An official said the e-cigarettes and poppy seeds were recovered from the accused individuals’ Delhi-based godown.A senior DRI official said both the accused were held on the basis of specific intelligence.The official said hat these goods were smuggled into India from Nepal.”Two individuals have been arrested under the provisions of the Customs Act,” the official said.–IANSatk/pgh

“Issue notice, returnable on September 25,” said a bench comprising Justices S.K. Kaul and Sudhanshu Dhulia, while seeking the response of the L-G and others on the appeal filed by the AAP-led Delhi government.In an order passed on February 16, the NGT had constituted a Solid Waste Monitoring Committee, on the pattern of the High Level Yamuna Monitoring Committee, to be headed by the L-G, saying that monitoring should now be at the highest level of administration in Delhi with the inclusion of all other concerned authorities, including the Delhi government, the municipal corporation, and the Delhi Development Authority (DDA).The…

President Wickremesinghe, who is on two-day official visit to Singapore, discussed on “amplifying security and defence collaboration between the two nations,” the President Media Division (PMD) said on Monday in a statement.The discussions between Singapore’s Defence Minister Ng Eng Hen and President Wickremesinghe had stressed the paramount importance of strengthening security partnerships in the South Asian region.They had highlighted the necessity for consistent communication and coordination to effectively address common security concerns, the PMD added.”Both nations are set to harness their respective strengths to create a synergistic partnership that enhances the security landscape in the region.”During his visit on Monday,…

Samastipur SP Vinay Tiwari said that the Special Investigation Team (SIT) has arrested four accused, who are part of an organised syndicate of the Nalanda district.He said that Mohanpur Outpost incharge Nand Kishore Yadav had arrested two persons earlier and was working on the lead to identify the gang.He identified the accused as Rohit Kumar of Hilsa block, Dhananjay Kumar, Parsu Rai and Ravi Kumar.He said that SIT has also seized one country-made pistol — which was used to kill the SHO Nand Kishore Yadav — two pistols, six mobile phones and a truck.“We have detected the gang. They belong…

“During the investigation of the case, a locker maintained with SBI, Chandigarh, in the name of the then Chief Sanitary Inspector, Chander Mohan, and his wife was opened. Gold jewellery including 3,100 grams of gold was found in the locker, worth Rs 1.6 crore,” said the CBI official.The CBI had previously arrested Mohan and a Health Supervisor in the bribery case.A case was registered based on a complaint against Mohan.It was alleged that the accused demanded a bribe in exchange for reinstating the complainant, who had been removed from the post of Sanitary Inspector (on a contract basis) due to…

During the event, Kejriwal said that after 13 years, employees of the Municipal Corporation of Delhi (MCD) received their salaries on the first date of the month.“I met with all the employees and everyone is extremely happy. Prior to this, in 2010, the employees were given salaries on a particular date. We will also make sure that the remaining employees are made permanent. “This is my guarantee. We will fulfil every promise. Together, we will make Delhi not only the cleanest city in the country, but also in the world. We will involve the people of Delhi in this initiative,”…