Cosmo Film case: Gujarat HC order to provide relief to importers
The Gujarat High Court has ruled that Notification No. 54/2018 will apply prospectively, providing relief to Indian importers under investigation for availing dual benefits. This decision corrects previous retrospective demands and offers clarity on import transactions, though the issue of interest remains unresolved. Key Points
Economic TimesWant to have strong people-to-people ties with India: Bangladesh
Dhaka, September 2 Bangladesh’s Foreign Affairs Adviser Touhid Hossain on Monday said the interim government wants to see strong people-to-people ties with India, suggesting that this was lacking during the previous Sheikh Hasina regime. “It’s possible to ease public dissatisfaction... Key Points
The TribuneDosa, butter chicken top dishes attracting diners at Indian restaurants in Poland
Indian cuisine is thriving in Poland, with over 45 restaurants offering traditional dishes that remind Polish diners of their travels to India. As Prime Minister Narendra Modi prepares for his historic visit to Warsaw, the Indian community and Polish locals alike are excited to welcome him. Key Points
India TodayJioFinance announced its entry to the French capital to assist Indian travelers
New Delhi [India], August 6 (ANI): Reliance arm Jio Financial Services Ltd has announced the entry of the JioFinance app in the French capital. The move will assist Indian travelers to transact digitally in the French market, the company said in a release. Show Full Article JioFinance will enable international payments for buying tickets to […] Key Points
ThePrintIndian 2 box office collection day 8: Kamal Haasan film dips further, earns just over ₹1 crore
Indian 2 box office collection day 8: The film's earnings have been witnessing a dip over the past few days. S Shankar's vigilante film stars Kamal Haasan. Key Points
Hindustan Times
India cricket team's schedule after landing in India with World Cup trophy: PM Modi's felicitation, bus parade in Mumbai
India's T20 World Cup-winning cricketers and coaches will arrive in India on Thursday morning. Here's their full schedule in New Delhi and Mumbai. | Crickit Key Points
Hindustan TimesRupee worst fall over a year as vote count shows narrower win for BJP-led NDA
The rupee closed at 83.53 against the U.S. dollar. The Reserve Bank of India likely stepped in to limit the rupee's decline. Key Points
ThePrintWho was Uma Satya Sai Gadde, Indian-origin student found dead in Ohio, US?
Indian-origin student studying in New York died in an unknown condition, 10th such case this year. Indian Govt. assures “all possible” help. Key Points
Hindustan TimesRahul Gandhi's bet on record Dalal Street rally makes him richer
Rahul Gandhi, who is contesting from Wayanad in the southern Indian state of Kerala, didnt hold any stocks directly in 2019, according to an affidavit filed at that time. His stock exposure comes as Indian equities surge on investor optimism in worlds fastest-growing major economy. Key Points
Economic TimesMaldives President Muizzu says Indian troops from second platform to leave within April
Maldives President Mohamed Muizzu has announced the withdrawal of Indian military personnel manning the second aviation platform, stating they would be withdrawn within the current month and the entire process completed by May 10. This follows the departure of the first batch of Indian military personnel stationed in the Maldives earlier, as agreed ahead of the March 10 deadline. The withdrawal process is part of an agreement reached between India and the Maldives, with India replacing its military personnel operating three aviation platforms in the Maldives by May 10. Key Points
Economic Times
Why Tata Motors should worry about Chinese EV makers like BYD and Xiaomi, not Tesla
India's EV policy invites Tesla with reduced customs duty, sparking competition with Tata Motors. BYD eyes 90% market share. Mahindra's XUV400 competes. Xiaomi's SU7 threatens Indian EV players, priced competitively at Rs 25 lakh. Key Points
Economic TimesIT firms mustn’t miss warning signals from Accenture
An Accenture slowdown hints at what’s ahead for Indian IT players, but thankfully, they still have time to transform themselves. They must adapt fast to market changes. Key Points
mintIndian Navy responds to potential piracy attack on Iranian fishing vessel in Arabian Sea
Indian Navy received inputs of potential piracy incident on Iranian Fishing Vessel ‘Al Kamar 786’ Friday evening. Two naval ships were diverted to intercept hijacked vessel. Key Points
ThePrintArabian Sea Operation: Indian Navy saves Pakistani crew from hijacked Iranian vessel
Indian Navy rescued 23 Pakistani nationals from Somali pirates in a 12-hour operation in the Arabian Sea. INS Sumedha and INS Trishul successfully apprehended the pirates and ensured the safety of the hijacked vessel 'FV A1-Kambar'. Key Points
mintTop Events of The Day: NSE BSE closed on Good Friday, Byju's EGM, BJP, JD(S) leaders’ joint panel and more
Top Events of The Day: March 29 will witness a diverse array of happenings pan-India. Corporate highlights include Byju's EGM on share capital, NSE and BSE market holidays on the occasion of Good Friday. Key Points
mint
Indian Air Force prepares for Gaganshakti-2024 wargame to test preparedness against Pakistan and China
The Indian Air Force gears up for Gaganshakti-2024, a 10-day wargame aimed at testing its readiness against potential threats from Pakistan and China. This exercise, surpassing the scale of the 2018 drill, will evaluate integrated war-fighting strategies and tactics with the Army and Navy. Recent acquisitions like Rafale jets, Light Combat Helicopters, and advanced missiles enhance India's combat capabilities. The wargames follow a proactive stance, demonstrating India's resolve to counter regional threats. Key Points
Economic TimesThat's what friends are for : Jaishankar to Bulgarian counterpart as she commends Indian Navy for success
Indian Navy rescued Bulgarian nationals in successful anti-piracy operation. Ministers appreciated the cooperation. INS Kolkata intercepted pirate ship, thwarting piracy attempt in Arabian Sea. Friendship emphasized. Key Points
Economic TimesAndhra student found murdered in car in US, deaths of many Indian students this year leave community shake
Paruchuri Abhijit, a 20-year-old student originating from Guntur district, suffered a devastating fate at the hands of unidentified attackers in the United States. This distressing incident compounds a string of assaults targeting individuals of Indian and Indian-American descent in the United States in recent times. Key Points
Economic TimesIndian Muslims should welcome CAA, question those peddling false narratives about it
As Indian Muslims, we are blessed to not face persecution that would force us to flee our country. But we must consider the less fortunate Hindu and other minorities in our neighbourhood. Key Points
ThePrintView: India has made it to the launchpad. It still needs a spark
India's upcoming elections coincide with new trade agreements and surging economic indicators, including stock market highs and foreign investments. The economy's growth rate stands impressively at 8.4%, showcasing stability and potential for further development. Key Points
Economic Times
Navy commanders explore ways to boost combat prowess in strategically located island territories
Top Indian Navy commanders reviewed security challenges and vowed to enhance combat capabilities. INS Jatayu, a new naval base at Minicoy, countered China's forays into the Indian Ocean region. Discussions on tri-services synergy, Houthi militants, and self-reliance in defense production took place. Key Points
Economic TimesMany Indian nationals duped to work in Russian army, have taken up matter for their early discharge: MEA
The Ministry of External Affairs has addressed the issue of Indian nationals being deceived into working for the Russian army. Spokesperson Randhir Jaiswal stated that strong action is being taken against the agents responsible for recruiting them under false pretenses. Efforts are being made for the early discharge and repatriation of these individuals. Key Points
Economic TimesCabinet Committee on Security clears 34 new Dhruv choppers for Indian Coast Guard, Army
The government has approved the acquisition of 34 new Advanced Light Helicopter (ALH) Dhruv choppers, manufactured by Hindustan Aeronautics Limited (HAL). Nine choppers will be allocated to the Indian Coast Guard and 25 to the Indian Army, enhancing domestic defense capabilities and replacing older aircraft. The decision also includes upgrading BMP infantry combat vehicles for the Indian Army, highlighting the government's commitment to indigenous defense production. Key Points
Economic TimesNo Indian troops after May 10, says Maldives President Mohamed Muizzu after signing military deal with Chi
Maldives President Mohamed Muizzu reiterated that Indian military personnel will completely withdraw from the country by May 10, dismissing rumors suggesting otherwise. His statement comes as Maldives signed an agreement with China for military aid. Muizzu emphasized the importance of not entertaining false rumors about Indian troops remaining disguised as civilians. Key Points
Economic TimesAir India restarts flights to Tel Aviv
Air India restarted flights between New Delhi and Tel Aviv after a 5-month suspension. An advisory was issued by the Indian Embassy in Israel due to local safety advisories. Key Points
Economic Times
No Indian troops after May 10: Maldives President Muizzu after military deal with China
India News: "There will be no Indian troops in the country come May 10. Not in uniform and not in civilian clothing. The Indian military will not be residing in t Key Points
Times Of IndiaMaldives president Muizzu says no Indian troops to remain on his island, not even in civilian clothing
Stepping up his anti-India rhetoric, Maldives President Mohamed Muizzu has affirmed that no Indian military personnel, not even those in civilian... Key Points
The Tribune IndiaI’m an Indian woman, I’m tired of outraging. Jharkhand tourist gangrape won’t change a thing
No one is defaming India more than Indian men. The burden of India’s culture of sexual violence lies with Indian men alone. Key Points
ThePrintIndian GPTs are here but they have a mountain to climb
Many of us have used ChatGPT, the chatbot developed by OpenAI. It is based on a large language model (LLM), or AI algorithms that use huge datasets to understand and generate content. Globally, LLMs are trained predominantly from English databases. A bunch of Indian companies have other ideas. Key Points
mintWho is Amarnath Ghosh, Indian dancer fatally shot in US? Consulate says, ‘taken up the case strongly’
Indian dancer Amarnath Ghosh killed in St Louis, Missouri. Consulate General offering assistance and pressing for investigation into the reprehensible gun attack. Key Points
mint
Pirates of the Arabian, Red Sea test Indian Navy's capabilities
Senior Indian officials anticipate continued attacks on commercial shipping in the Arabian and Red Sea by pirates and Iran-backed Houthi rebels. The Indian Navy faces challenges in maintaining increased deployments due to ongoing attacks. The US and India discussed maritime issues at the Munich Security Conference. India's sustained anti-piracy operations, its largest in seven decades, aim to secure vital sea lanes for oil imports. Key Points
Economic TimesFPIs get licence to thrill, lap up $8.7 billion govt bonds in 5 months
Foreign portfolio investors (FPIs) have purchased ₹71,817 crore - or around $8.7 billion - worth of Indian government bonds since September 22, the day JP Morgan announced the index inclusion, latest data by Clearing Corporation of India Limited (CCIL) showed. To be sure, for the whole of 2023, overall FPI investment in Indian debt - including corporate bonds - was $8.3 billion. Key Points
Economic Times3,300 kg of hashish, meth seized near Gujarat port in biggest drug bust
The Narcotics Control Bureau along with the Indian Navy seized 3,300 kg of drugs from boat near the Gujarat port. Five crew members suspected to be Pakistanis. Key Points
India TodayGujarat: Indian Navy seizes 3300 kg of drugs, including ‘charas’, ‘morphine’ in Porbandar, 5 arrested
Indian Navy seizes largest narcotics haul at sea in recent times, capturing almost 3300 Kgs contraband with the help of Narcotics Control Bureau. The operation involved intercepting a suspicious dhow based on P8I LRMR aircraft input, leading to the apprehension of five crew members. Key Points
mintZerodha announces waiver of brokerage fees on G-Secs and T-Bills
Indian brokerage firm Zerodha is implementing a bold initiative aimed at fostering greater participation in government bonds (G-Secs), treasury bills (T-Bills), and state development loans (SDLs). Effective March 1, 2024, Zerodha will waive the 0.06% brokerage fee on these investment options. Key Points
mint
Should interfaith lion pair Sita and Akbar be renamed?
India News: Read about the controversy surrounding the names of interfaith lion pair Sita and Akbar in India. Should they be renamed? Find out more on Indian News. Key Points
Times Of IndiaFormer Maldivian minister accuses President Muizzu of spreading 'lies' about presence of Indian troops
Maldives' President Muizzu's claims of 'thousands of Indian military personnel' stationed in the country have been refuted by former Foreign Minister Abdulla Shahid, stating there are no armed foreign soldiers there. Shahid emphasized the importance of transparency, questioning the credibility of the current administration's claims. This comes as part of a campaign promise by Muizzu's party to remove Indian troops from the Maldives, with negotiations underway for their withdrawal. India has confirmed the replacement of military personnel with technical personnel at aviation platforms in the Maldives. Key Points
Economic Times