‘AI, energy to be in focus’: PM Modi leaves for Italy to attend G7 outreach session

News Network
June 13, 2024

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New Delhi: As he embarks on a visit to Italy to attend an Outreach session at the G7 summit, Prime Minister Narendra Modi on Thursday said its focus would be on artificial intelligence, energy, Africa, and the Mediterranean.

Modi said this in a departure statement before leaving for the European nation in his first foreign trip after becoming prime minister for a third term.

The prime minister said issues crucial for the Global South will also be deliberated upon at the Outreach session.

The G7 summit, to be held in the luxury resort of Borgo Egnazia in Italy's Apulia region from June 13 to 15, is expected to be dominated by the raging war in Ukraine and the conflict in Gaza.

"At the invitation of Prime Minister Giorgia Meloni, I am travelling to Apulia region in Italy to participate in the G7 Outreach summit on June 14," Modi said.

The prime minister said he was glad that his first visit in the third consecutive term is to Italy for the G-7 Summit.

"During the discussions at the Outreach session, the focus will be on artificial intelligence, energy, Africa, and the Mediterranean," Modi said.

"It will be an opportunity to bring greater synergy between the outcomes of the G20 Summit held under India's Presidency and the forthcoming G7 Summit, and deliberate on issues which are crucial for the Global South," he said.

Modi will have a bilateral meeting with Italian Prime Minister Meloni.

"Prime Minister Meloni's two visits to India last year were instrumental in infusing momentum and depth in our bilateral agenda," he said.

"We remain committed to consolidating the India-Italy strategic partnership, and bolstering cooperation in the Indo-Pacific and the Mediterranean regions," he said.

The prime minister is likely to hold a number of bilateral meetings on the sidelines of the summit. "I am also looking forward to meeting other leaders participating in the Summit," he said.

The G7 comprises the US, the UK, France, Italy, Germany, Canada and Japan.

Italy is holding the current presidency of the G7 (Group of Seven) and is hosting the summit in that capacity.

A key focus of the Italian presidency has been to defend the rules-based international system.

According to Italy, Russia's war of aggression on Ukraine has undermined its principles and triggered growing instability, with multiple crises unfolding worldwide. The G7 will give equal importance to the conflict in the Middle East, with its consequences for the global agenda, it says.

The bloc expanded into the G8 between 1997 and 2013, with the inclusion of Russia. However, Russia's participation was suspended in 2014 following its annexation of Crimea.

In line with the grouping's tradition, representatives of a number of countries and international organisations are invited to the summit by the host nation that holds the chair.

Besides India, Italy has invited leaders from 11 developing countries in Africa, South America and the Indo-Pacific region to attend the summit. Though the European Union is not a member of the G7, it attends the annual summit.

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Agencies
March 24,2025

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The head of the UN agency for Palestinian refugees (UNRWA) has warned that the tight Israeli blockade on the entry of humanitarian supplies into the Gaza Strip is pushing the coastal territory closer to an acute hunger crisis.

Philippe Lazzarini made the remarks in a social media post, in which he noted that the siege, which is preventing food, medicines, water and fuel from entering the region, has lasted longer than what was in place in the first phase of the war.

Israel has banned the entry of humanitarian aid into Gaza since March 4, following the expiry of the first phase of a ceasefire and an agreement with Hamas resistance movement on the exchange of Israeli captives for Palestinian prisoners.

Lazzarini warned that Gaza’s population depends on imports via Israeli-occupied territories for their survival.

“Every day that passes without the entry of aid means more children go to bed hungry, diseases spread & deprivation deepens,” he said.

“Every day without food inches Gaza closer to an acute hunger crisis,” the UNRWA chief noted.

Lazzarini described the banning of aid as a collective punishment on Gaza’s population – the vast majority of which are children, women and ordinary men.

He called for the siege to be lifted and for humanitarian aid and commercial supplies to be brought into Gaza “uninterrupted and at scale.”

Backed by the United States and its Western allies, Israel launched the war on Gaza on October 7, 2023, after the Palestinian resistance movement Hamas carried out Operation Al-Aqsa Flood against the Israeli regime in response to its decades-long campaign of oppression against Palestinians.

The regime’s bloody onslaught on Gaza has so far killed at least 50,021 Palestinians, mostly women and children, and injured 113,274 others. Thousands more are also missing and presumed dead under the rubble.

On November 21 last year, the International Criminal Court (ICC) issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former minister of military affairs Yoav Gallant for war crimes and crimes against humanity in Gaza.

Israel also faces a genocide case at the International Court of Justice (ICJ) for its deadly war on the blockaded coastal sliver.

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Agencies
April 6,2025

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In a country that brands itself the “Land of the Free,” pro-Palestine students are being treated like enemies of the state. The United States—once hailed as a beacon for academic freedom—is now using deportation threats, visa revocations, and AI surveillance to silence dissenting voices on its university campuses. What started as peaceful protest against the genocide in Gaza has turned into a full-scale purge of international students who dare to speak out. As global outrage grows, America's hypocrisy on free speech has never been more glaring—or dangerous.

Point-by-Point Summary:

•    Momodou Taal Forced Out:
British-Gambian activist and former Cornell PhD student Momodou Taal has left the U.S. after facing threats of deportation. His only “crime”: suing the Trump administration for policies targeting pro-Palestine students.

•    Bold Words from Exile:
Taal called out the U.S. for suppressing dissent and ignoring its own laws:
“Is imprisoning those who speak against genocide the kind of nation you want?”

•    300+ Visas Revoked:
Trump-era directives have led to mass deportations of foreign students who participated in or supported Gaza solidarity protests.

•    Rubio's Harsh Justification:
Secretary of State Marco Rubio defended the move, calling student protesters “lunatics” and stressing the government’s right to “remove you from our country.”

•    ACLU Slams Hypocrisy:
ACLU's Ben Wizner warned that the U.S. is now driving away the world’s brightest minds by criminalizing intellectual dissent.

•    Targeted Individuals:

•    Iranian student Alireza Doroudi arrested without cause.

•    Turkish student Rumeysa Ozturk lost her visa for an op-ed criticizing the Israeli regime.

•    Indian scholar Ranjani Srinivasan fled after agents showed up unannounced.

•    Korean resident Yunseo Chung, a green card holder, is still fighting deportation.

•    Professor Rasha Alawieh was deported despite holding a valid visa.

•    AI Used for Surveillance:
Reports confirm U.S. authorities are using artificial intelligence to flag students based on social media activity—even likes or shares.

•    Selective Freedom:
No pro-Israel lobbyist or supporter has faced deportation, even amid cases of inciting violence and harassment.

•    Global Consequences:
Calls to boycott U.S. universities are growing. The crackdown has undermined America’s status as a hub of academic freedom and global talent.

•    Final Warning:
The U.S. now risks not only its academic integrity but its moral standing. In defending a genocide abroad, it’s committing a slow-motion purge at home.

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News Network
April 1,2025

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As the new financial year begins, several significant financial and tax-related changes take effect from April 1, 2025. Many of these updates were announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025 and have now been officially approved as part of the Finance Bill 2025.

Some of the key changes include income tax exemption on annual earnings up to Rs 12 lakh, deactivation of UPI for long-unused mobile numbers, and suspension of dividend payouts for individuals who haven’t linked their PAN with Aadhaar. Below is a comprehensive look at all the important updates.

1. Income Tax Exemption & New Tax Slabs
Under the revamped tax regime:
✅ Individuals earning up to Rs 12 lakh per year will be completely exempt from income tax.
✅ For salaried employees, a standard deduction of Rs 75,000 raises the effective tax-free limit to Rs 12.75 lakh.
✅ To claim a rebate of up to Rs 60,000, taxpayers must file their returns on time.
✅ The new tax structure applies to income earned between April 1, 2025 – March 31, 2026, and will be reflected in ITR filings for FY 2025-26 (AY 2026-27).

2. Major Changes in TDS & TCS Rules
To provide tax relief and streamline transactions, several TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) amendments have been introduced:
🔹 TDS on bank interest for senior citizens has doubled from Rs 50,000 to Rs 1 lakh.
🔹 TDS on dividend income has increased to Rs 10,000.
🔹 TCS on overseas remittances under the Liberalised Remittance Scheme (LRS) has been raised from Rs 7 lakh to Rs 10 lakh.

3. UPI Deactivation for Inactive Mobile Numbers
The National Payments Corporation of India (NPCI) will start unlinking UPI IDs associated with inactive mobile numbers. If your number has been inactive for a long period:
🔸 Your bank may remove it from their records.
🔸 You could face disruptions in Google Pay, PhonePe, or any UPI-based transactions.
🔸 This change enhances security by preventing unauthorized access to old UPI-linked accounts.

4. New GST Rules
Several Goods and Services Tax (GST) updates take effect:
🔹 Multi-factor authentication (MFA) is now mandatory for logging into the GST portal, improving online security.
🔹 E-way bills can only be generated for documents issued within the last 180 days, ensuring better compliance.
🔹 Hotel room tariffs above Rs 7,500 per day are now classified as "Specified Premises," attracting an 18% GST on restaurant services.

5. Toll Tax Hike Across National Highways
From April 1, 2025, toll charges across various highways will increase:
🚗 Delhi-Meerut Expressway, NH-9: Toll for cars will rise by Rs 5 to Rs 170.
🚛 Trucks and buses will now pay Rs 580 on major highways.
🚗 Delhi-Jaipur Highway: The Kherki Daula toll plaza will maintain current rates for cars, but the monthly pass for larger vehicles will rise by Rs 20 to Rs 950.

6. End of Equalisation Levy on Digital Transactions
The Finance Act 2025 removes the Equalisation Levy, which previously imposed a 2% tax on e-commerce and 6% on online advertisements. This change aims to:
✅ Reduce tax burden on digital service providers.
✅ Attract foreign investments in India’s digital economy.

7. Positive Pay System for Cheque Payments
To prevent bank fraud, the Positive Pay System requires account holders to:
✅ Electronically submit cheque details for payments above Rs 50,000.
✅ Ensure the details match before the cheque is processed.

8. KYC Mandatory for Mutual Fund & Demat Accounts
🔹 KYC (Know Your Customer) verification is now compulsory for mutual fund and demat accounts.
🔹 Nominee details will also undergo re-verification to enhance security.

9. Major Credit Card Perk Reductions
Credit card users will see major perk reductions, particularly with SBI, IDFC First, and Axis Bank:
❌ SBI Cards will remove complimentary insurance coverage for accidents (Rs 50 lakh for air, Rs 10 lakh for rail).
❌ Reward points on SBI Cards will be slashed from 15% to just 5%.
❌ IDFC First Club Vistara cardholders will lose milestone benefits and Club Vistara Silver membership perks.
❌ Axis Bank is discontinuing Maharaja Club tier memberships and premium vouchers.

10. Minimum Balance Rules for Bank Accounts
📌 Major banks like SBI, PNB, and Canara Bank have updated their minimum balance requirements based on account location:
🏙 Urban branches will require higher minimum balances.
🏡 Rural and semi-urban accounts may have lower minimum balance thresholds.
🚨 Failing to maintain the required balance will result in penalty charges, varying by bank.

11. Unified Pension Scheme (UPS) for Government Employees
The Unified Pension Scheme (UPS), introduced in August 2024, takes effect:
✅ Central government employees under NPS can opt for UPS.
✅ Those with at least 25 years of service will receive 50% of their average basic salary as a monthly pension.

Final Thoughts

These changes, introduced as part of the Union Budget 2025, mark a significant shift in India's tax, banking, and digital transaction landscape. With higher tax exemptions, updated TDS & TCS rules, stricter banking security, and GST amendments, the new financial year aims to simplify compliance while improving financial security and economic efficiency.

Stay informed and ensure all necessary updates to your financial accounts to avoid disruptions.

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