Man from Mangaluru held for circulation of fake UAE currency in Bhatkal
Bhatkal: A Mangaluru-based man, Raveen Prakash, was arrested under charge of circulating fake foreign currency on Bunder Road in Bhatkal. He has been remanded to two days of judicial custody.
The police have seized one car, a mobile phone and 17 fake notes of 100, 500 and 1,000 denominations of United Arab Emirates Dirham currency during the operation.
The police, who received information on suspicious activities on Bunder Road in Bhatkal, investigated the matter and arrested Raveen Prakash. The officers have said that they also seized the currency and other items from Prakash after interrogation.
They are investigating the matter further to get information regarding the involvement of others in the crime.
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
