British billionaire James Dyson, the inventor of the bagless vacuum cleaner, is selling his three-storey Singapore penthouse about a year after buying it, and he's reportedly taking a big loss on the S$74 million ($54 million) he paid.
A trilateral naval exercise involving India, Singapore, Thailand commenced in Andaman Sea. This is the second edition of the two-day long naval exercise, SITMEX 2020. The exercise is scheduled in a 'non-contact, at sea only format' in view of Covid-19. SITMEX-2020 aims to further consolidate interoperability between the three navies. The exercise also aims to enhance understanding best practices for multi-faceted maritime operations. This edition would involve a war-at-sea exercise, naval manoeuvres, weapon firing, etc. Indian Navy is represented by two indigenous warships - INS Kamorta and INS Karmuk. Singapore is represented by RSS Intrepid and RSS Endeavour while Thailand is by HTMS Kraburi. The five-day maiden edition of the exercise was conducted in September 2019. Exercise was held off Andaman and Nicobar Islands with the harbour phase at Port Blair.
Credit: HT Digital Content Duration: 01:27Published
The second edition of trilateral maritime exercise between the navies of India, Singapore and Thailand SITMEX-2020 commenced in the Andaman Sea on November 21. The two-day long exercise is scheduled in a 'non-contact, at sea only format', in view of COVID-19 restrictions.
The Government of India placed Lakshmi Vilas Bank under moratorium for a month on the advice of the Reserve Bank of India. A limit of Rs 25,000 has been placed on withdrawals by customers. RBI has allowed some exceptions like medical treatment, higher education fees, and marriage, to allow higher withdrawals. RBI cited serious deterioration in LVB's finances for the decision. The central bank has also mooted the merger of the troubled lender with DBS Bank India, the local unit of Singapore's largest bank. Meanwhile, customers are worried about the withdrawal limit, calling it too low. Watch the full video for more.
Credit: HT Digital Content Duration: 02:08Published