India, Singapore to upgrade trade cooperation pact

Vartha Bharati | 01-06-2018 | 12:22:00 IST

Singapore, June 1: Indian Prime Minister Narendra Modi on Friday said that India and Singapore will soon upgrade their Comprehensive Economic Cooperation Agreement (CECA) following a bilateral summit with his Singaporean counterpart Lee Hsien Loong here.

"We are happy with the second review of the Comprehensive Economic Cooperation Agreement," Modi said in a joint address to the media with Lee following the summit.

"Officials from both our countries will soon discuss how to upgrade this agreement," he said.

India and Singapore signed the CECA in 2005. Singapore is the first country with which India signed such a treaty.

On his part, Lee said that bilateral trade between India and Singapore has doubled S$25 billion since the CECA came into effect.

He also said that, as the current chair of the Association of Southeast Asian Nations (Asean), Singapore will work with India in the regional security architecture.

Modi arrived here on Wednesday on the third and final leg of his five-nation tour of southeast Asia.

This is his second visit to Singapore as Prime Minister.

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Japanese national duped of Rs 35.5 lakh after 'digital arrest' in Bengaluru

27-12-2024 ¦ 27-12-2024 IST

Representational Image | PC: Meta AI

Bengaluru, Dec 26: A Japanese national, Hiroshi Sasaki, who works in Bengaluru, lost Rs 35.5 lakh after being 'digitally arrested' by cyber fraudsters, police said, on Thursday.

The incident occurred between December 12 and 14, police added.

Sasaki, who lives in a flat near Dairy Circle, received a phone call on December 12. The caller was claiming to be from the Telecom Regulatory Authority of India. The caller informed him that his phone number would be blocked due to its unauthorised use.

To avoid the disconnection Sasaki was asked to dial a number.

Upon dialling the number, he was immediately connected to a WhatsApp call from someone claiming to be from the Cyber Crime wing of Mumbai Police. The caller informed Sasaki that he was involved in a money laundering case.

The fraudsters "digitally arrested" him and siphoned off Rs 35.5 lakh by having him make payments through various means, including RTGS.

He was also told that the money would be returned after the investigation was completed.

After realising that he had been duped, the victim approached the South East Cyber Crimes, Economics and Narcotics (CEN) police station and lodged a complaint.

'Digital arrest' is a new cyber fraud, where the fraudster poses as law enforcement agency officials from agencies like CBI, and customs and threatens people of arrest by making video calls.

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