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China releases 30 more names for places in Arunachal Pradesh despite India’s strong objection over issue

April 1, 2024
General

Beijing, Apr 1 (PTI) China has released a fourth list of 30 new names of various places in Arunachal Pradesh amid Beijing’s stepped-up assertions in recent weeks to re-emphasise its claim over the Indian state. India has been rejecting China renaming places in Arunachal Pradesh, asserting that the state is an integral part of the country and assigning “invented” names does not alter this reality. The Chinese Ministry of Civil Affairs released the fourth list of standardised geographical names in Zangnan, the Chinese name for Arunachal Pradesh which Beijing claims as part of south Tibet, state-run Global Times reported on

Congress slams PM over his remarks on electoral bonds issue

April 1, 2024
Politics

New Delhi, Apr 1 (PTI) The Congress on Monday hit out at Prime Minister Narendra Modi over his remarks on the electoral bonds issue, claiming that while the corruption of his government had been known for a while, the setback is that there are now “hard numbers to prove it”. Prime Minister Modi on Sunday rejected the suggestion that the electoral bond issue caused a setback to his government, saying no system is perfect and any shortcoming could be improved upon. In an interview with Thanthi TV, he also said those who are “dancing” over the matter will repent it.

No new change in income tax regime from April 1: Finance Ministry

April 1, 2024
Finance

New Delhi, Apr 1 (PTI) The finance ministry on Monday said there is no change in the new income tax regime for individuals for the current fiscal year and individual taxpayers can opt out of the regime at the time of filing their ITR. Clarifying on social media posts claiming certain changes in the new tax regime effective April 1, the ministry said, “There is no new change which is coming in from 01.04.2024.” A modified new income tax regime was rolled out from the financial year beginning April 1, 2023, for individuals under which the tax rates are “significantly

Gold prices soar to record high, dampening demand, dealers say

April 1, 2024
Finance

MUMBAI, April 1 (Reuters) – Gold futures hit an all-time high on Monday, tracking gains in overseas markets and squeezing demand in the world’s second-biggest consumer of the precious metal, dealers said. Domestic gold futures rose to 69,487 Indian rupees ($834.07) per 10 grams, up nearly 10% so far in 2024. India’s gold imports are set to plunge by more than 90% in March from the previous month to hit their lowest since the COVID pandemic, a government official and two bank dealers told Reuters last week. ($1 = 83.3110 Indian rupees)

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