logo
13th high-level meeting between coast guards of India, Korea held in Delhi

13th high-level meeting between coast guards of India, Korea held in Delhi

The meeting was co-chaired by Paramesh Sivamani, Director General, ICG, and KIM Yong Jin, Commissioner General, KCG
Press Trust of India New Delhi
Top officers from the Indian and Korean coast guard forces held a key meeting in Delhi on Monday, seeking to boost cooperation in maritime law enforcement, search and rescue and pollution response.
The defence ministry said this in a statement.
"Both sides engaged in discussions to boost cooperation in Maritime Search and Rescue (SAR), Pollution Response (PR), and Maritime Law Enforcement (MLE), while reaffirming their commitment to share best practices and enhance interoperability under the 2006 MoU, it said.
This was the 13th High-Level Meeting (HLM) between the Indian Coast Guard (ICG) and the Korea Coast Guard (KCG) in Delhi.
The meeting was co-chaired by Paramesh Sivamani, Director General, ICG, and KIM Yong Jin, Commissioner General, KCG, who is currently leading a five-member delegation on an official visit to India from July 20-24, the ministry said.
As part of the visit, the KCG delegation will travel to Mumbai from July 23-24 for an industrial visit to Mazagon Dock Shipbuilders Limited (MDL) and to an ICG patrol vessel, aimed at strengthening maritime industrial and operational linkages, it added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

West Bengal police launches helpline for migrant workers facing harassment in other States
West Bengal police launches helpline for migrant workers facing harassment in other States

The Hindu

time20 minutes ago

  • The Hindu

West Bengal police launches helpline for migrant workers facing harassment in other States

Amidst reports of targeting of migrant workers from West Bengal in BJP-ruled States, the West Bengal police have started a helpline number for workers to seek assistance. Responding to the development, Leader of Opposition Suvendu Adhikari shared his email-id and added that any citizen of the State who is 'harassed by Mamata's police' may reach out to him. The West Bengal police in a social media post stated that they are receiving 'reports from various sources that many people from Bengal, who have gone to work in other states, are facing various problems and instances of harassment'. 'If any citizen from Bengal working in another state faces any kind of trouble, we appeal to them or their family members to immediately inform their local police station. You may also contact the district control room,' the police said in the post. The West Bengal police in the social media post said that the helpline number is 9147727666 which will be available only on WhatsApp and the people can send a message there with the necessary information, including your name and address. 'Each piece of information will be verified, and we will coordinate with the concerned state authorities to take the necessary action,' the police said. According to West Bengal Chief Minister about 1000 migrants from the State were detained in other States. There have been reports of detention of migrant workers in BJP ruled states on allegations of being Bangladeshi nationals. Leader of Opposition Suvendu Adhikari called the post by West Bengal police politically motivated to mislead Bengalis residing in various parts of India for work, so that they become alarmed and confused. 'Across the Indian subcontinent, Indian Bengalis and Hindu refugees are not facing any problems. However, Hindu Bengalis living in West Bengal are frequently harassed by the police. I appeal to them—and to Indian Hindus from other states, regardless of the language they speak, who are residing in any district of West Bengal for work—if you have been harassed by the police. (Mamata's police), please feel free to inform me with details via email,' the BJP leader posted on social media. Mr. Adhikari urged any aware citizen of West Bengal, 'if you come across information about Rohingya Muslims or illegal Bangladeshi Muslim infiltrators residing in any district of West Bengal—please share the details with me at this email address My email ID is: adhikarisuvenduwb1@ '. 'I will ensure the information reaches the appropriate authorities,' the LOP said. Mr. Adhikari on Saturday claimed that there are 1.25 crore illegal immigrants in the voters' list of West Bengal, and all of them will be sent back following a Special Intensive Revision (SIR) of the rolls.

New US-Russia Nuclear Deal? Trump Sounds Alarm As Defiant Putin Sends 'July Storm' Message To NATO
New US-Russia Nuclear Deal? Trump Sounds Alarm As Defiant Putin Sends 'July Storm' Message To NATO

Time of India

time20 minutes ago

  • Time of India

New US-Russia Nuclear Deal? Trump Sounds Alarm As Defiant Putin Sends 'July Storm' Message To NATO

'No Runners-Up In War': CDS Anil Chauhan, Declares India's Op Sindoor Remains Active 24X7, 365 Days A sea of saffron, white, and green flooded the streets of Male as PM Narendra Modi landed in the Maldives to a thunderous welcome by the Indian diaspora. Children performed traditional dances, locals waved flags, and emotional expatriates, some living in the Maldives for over two decades, gathered to chant his name and 'Bharat Mata Ki Jay' in scenes rarely witnessed abroad. PM Modi, attending the 60th Independence Day of Maldives as the Guest of Honour, became the first foreign leader received by President Mohamed Muizzu since he assumed office. From cultural performances to diplomatic overtures, the visit was a vibrant mix of symbolism and strategy. As India seeks to reset ties with Male amid China's growing footprint, Modi's presence, and the crowd's response, sent a powerful message about India's people-first diplomacy.#operationsindoor #anilchauhan #india #pakistan #terrorism #pok #pahalgamattack #indianarmy #cdsstatement #pokstrike #indiaretaliates #terrorresponse #dronewarfare #newdoctrine #let #pahalgamrevenge #toi #toibharat #bharat #trending #breakingnews #indianews #toi #toibharat #bharat #trending #breakingnews #indianews 10.1K views | 1 day ago

New-Age lending model helping banks to cut costs and meet customer expectations
New-Age lending model helping banks to cut costs and meet customer expectations

Time of India

time42 minutes ago

  • Time of India

New-Age lending model helping banks to cut costs and meet customer expectations

Across global financial markets, lending is experiencing a major shift. Borrowers now expect immediacy, personalization, and simplicity in every interaction—whether applying for a personal loan on their mobile device or financing a home, vehicle, or business. However, many banks and financial institutions are hindered by systems designed for a slower, less connected world. A World Bank report estimates that micro, small, and medium enterprises face an annual credit gap of USD 5.2 trillion—about 1.5 times the current lending volume for these businesses. With conversations from banks and lenders, it's clear: Legacy Loan Origination Systems are no longer adequate. They were built to standardize, not to innovate. They offer control—but make it hard to adopt changes. Today, with tech-savvy customers and constantly changing rules, this lack of flexibility has become a drawback. According to a market research, digital lending platforms in India are projected to reach over 500 million customers by the end of 2025, with the lending segment expected to hit USD 1.3 trillion in disbursements, driven by advancements in financial technology and increased smartphone penetration. Hence, what is needed is not just digital enhancement, but a fundamental reinvention of how lending is delivered, scaled, and evolved. This is where the model of Lending-as-a-Service is proving to be a game-changer. Lending-as-a-Service redefines lending not as a static software platform, but as a flexible, cloud-powered ecosystem. It enables lenders to break down the lending process into modular services that can be rapidly configured, deployed, and scaled across various product lines—from personal and auto loans to corporate, housing, and consumer durable finance. By adopting this model, financial institutions are no longer bound by one-size-fits-all workflows or long development cycles. They gain the agility to experiment, personalize, and adapt without overhauling their core architecture. But technology alone is not the differentiator—it's the outcomes that matter. Institutions supported with platforms with Lending-as-a-Service architecture have consistently accelerated their go-to-market timelines, dramatically improved customer satisfaction, and reduced operational costs. We've seen banks launch new retail lending products in a matter of days. We've seen journeys that once required manual underwriting transformed into straight-through processes powered by AI. In several deployments, the cost per loan has reduced by over half, while conversion rates have increased multifold. For instance, a leading financial services provider in India leveraged our platform to launch a digitally native loan journey for Indian customers, covering onboarding, KYC, credit scoring, and disbursal—all within a few days. Another bank in Southeast Asia reimagined its auto finance journey by integrating real-time approvals, e-KYC, and government API linkages into a seamless customer flow. These institutions weren't just digitizing—they were building lending businesses designed for today's customers and tomorrow's challenges. This transformation is also enabling compliance readiness at scale. In regulated markets such as the UAE, India, and Southeast Asia, stakeholders are able to quickly embed policy changes, update product terms, or roll out pre-approved offers—without recoding, retraining, or retesting legacy systems. Thus, the future of lending will belong to those who are agile, responsive, and deeply aligned with the needs of their borrowers. Lending-as-a-Service offers a pathway to that future—a model that is not only more adaptive but also more resilient in the face of change. At the core of this shift is a new generation of lending platforms — modern, unified lending infrastructure built for speed, scalability, and intelligence. To illustrate, our platform, built on a microservices-based, cloud-native foundation, enables institutions to launch and iterate with confidence. With the ability to integrate more than 175 APIs, our ecosystem supports real-time connectivity with internal banking systems, fintech partners, government APIs, credit bureaus, fraud detection engines, and compliance tools. Additionally, this allows banks and financial institutions to no longer be constrained by what their systems can support—they are empowered to lead with what their customers demand. The transformation is not incremental. It is structural. And it is happening now. It's time to reimagine lending and reinvent success. By Ravish Pandey, Head of Product Innovation, and Sachin Gupta, Head of Client Accounts and Engagement at BUSINESSNEXT AI Masterclass for Students. Upskill Young Ones Today!– Join Now

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store