Author: Nourin Sultana

The United States sanctions an Indian Company for a deal over Iranian Oil. - Asiana Times

Under Donald Trump’s presidency, India ceased importing crude oil from Iran in 2019. New Delhi, 1st October: The US sanctioned an Indian company for purchasing Iranian oil (petroleum)and petrochemicals a day after External Affairs Minister S Jaishankar’s visit. Tibalaji Petrochem Private Limited, an Indian petrochemical company, is among those sanctioned by the US, along with companies from the United Arab Emirates and Hong Kong. The sanctions targeted Iranian brokers and a number of front companies in India, the United Arab Emirates, and Hong Kong that facilitated financial transfers and the shipping of Iranian petroleum and petrochemical products. Tibalji Petrochem Pvt Ltd…

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Among the states in India, Maharashtra is named the third-cleanest behind Madhya Pradesh & Chhattisgarh. - Asiana Times

This year, Indore and Surat held onto the top spots in the big cities category, while Vijaywada dropped to third place behind Navi Mumbai. New Delhi, 1st October : For the sixth consecutive year, Indore was named the cleanest city in India, with Surat and Navi Mumbai coming in second and third, respectively, according to the results of the Central Government’s annual cleanliness survey, which were released on Saturday. Prior to Chhattisgarh and Maharashtra, Madhya Pradesh has won the “Swachh Survekshan Awards 2022” category for best performing state. Indore and Surat continued to be the top two major cities this…

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<strong>Reason for banking stocks gaining following the statement of RBI scheme.</strong> - Asiana Times

Experts predict that shares of SBI, ICICI Bank, and HDFC Bank will perform better than those of their peers due to their greater exposure to the international banking market. Following its Monetary Policy Committee (MPC) meeting today, the Reserve Bank of India (RBI) announced a 50 basis point (bps) rate hike. The stock market, particularly those in the banking sector, reacted positively to the RBI’s move. Banking majors such as Kotak Mahindra Bank, Federal Bank, HDFC Bank, and Bank of Baroda rose by 2%, recouping all of their losses in early morning trades. Similarly, after the RBI policy announcement, shares…

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UNESCO designation and post-covid plans raise airfares in and out of Kolkata

Kolkata, 30th September: Durga Puja has triggered unprecedented interest after receiving the UNESCO intangible heritage tag, and has subsequently pushed up fares on flights headed into the city before the festival and departing after it. “The minimum fare from other cities to Kolkata is now twice as much as the previous maximum fare for that trip. The maximum fare is increasing dramatically since the pandemic-era fare cap that was in effect has been lifted,” stated Joydeep Mukherjee, a travel agent. Since receiving the UNESCO intangible heritage classification, Durga Puja has drawn unprecedented attention. As a result, prices on flights entering…

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In Beijing, two-day wait time for a US visa compared to a two-year wait in New Delhi. - Asiana Times

The appointment wait period for visitor visas is 833 days from Delhi and 848 days from Mumbai. New Delhi, 29th September: A US government website claims that Indian visa applicants must wait more than two years just to have an appointment, versus just two days for nations like China. According to the US State Department website, the wait time for an appointment for applications for visiting visas from Mumbai is 848 days and 833 days, respectively. While Islamabad’s wait period is 450 days, Beijing’s wait time is only two days. There is a 430-day backlog for student visas in Delhi…

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Washington discards the signs from Moscow as responsible for the gas leak. - Asiana Times

As Europe prepares for winter and faces an energy shortage, the three outflows from the Russia-Germany Nord Stream 1 and 2 pipelines have driven up natural gas prices. This has also heightened geopolitical tensions. In a turn of events that US officials categorically denounced as “ridiculous,” Moscow questioned Wednesday whether Washington was to blame for the mysterious undersea gas pipeline leaks in Europe that have been attributed to sabotage. As Europe prepares for winter and faces an energy shortage, the three outflows from the Russia-Germany Nord Stream 1 and 2 pipelines have driven up natural gas prices. This has also…

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chit fund case

It is alleged that deposits worth Rs 565 crore were illegally obtained in Odisha by luring people in with high returns while failing to repay the maturity amount in a chit fund case. According to an agency official, the Central Bureau of Investigation has arrested a former deputy registrar of companies in Kolkata and three others in connection with its investigation. He claims that among those arrested are a founding director and two territory managers for private companies. According to him, the CBI registered the case in 2014 in response to Supreme Court orders against the then-managing director of a…

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Holiday Cheer for 47 lakh Central Employees with 4% Dearness Compensation Increase.   

Holiday Cheer: A total of 68.62 lakh pensioners and 47.68 lakh central government employees will benefit from the 4% increase in Dearness Allowance. The proposal to raise the dearness allowance (DA) for central government employees and pensioners from 31% to 38% of the basic pay, an increase of 4%, with effect from July 1, 2022, was approved by the cabinet on Wednesday. The proposal to release an additional installment of DA to offset the price increase was approved at the Cabinet Committee on Economic Affairs (CCEA) meeting, which was presided over by Prime Minister Narendra Modi. Since the latest dearness…

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Durga Puja

Starry Night, which the artist painted in an asylum in 1889, serves as inspiration for the creation of the pandals of Durga Puja. In a year when the festival is showcasing its global identity in the wake of its inclusion on the representative list of the intangible cultural heritage of humanity, one painting has served as the inspiration for three pujas. Three pandals in Kolkata, two in the south and one in the north, will use the Dutch post-impressionist painter Vincent van Gogh’s Starry Night as a point of reference. At Bakulbagan Sarbojanin in south Kolkata, where seasoned artist Sanatan…

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The papers stated today regarding the Rajasthan Congress problem: 'Face loss' - Asiana Times

According to the media editorials, the drama produced by the resignation of MLAs loyal to Ashok Gehlot raises many issues about the party’s leadership and future. Ashok Gehlot, the chief minister of Rajasthan, had appeared to be developing relationships with senior members of the Congress party, but on Sunday, nearly 90 MLAs in the state resigned in support of Gehlot, throwing a wrench in the works. According to reports, Gehlot will run for party president in the 2018 election. He won’t continue to be the chief minister if he prevails. The possibility of Sachin Pilot becoming the chief minister appears…

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