Modi in Moscow for 22nd India-Russia Annual Summit with Putin

News Network
July 8, 2024

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Moscow: Prime Minister Narendra Modi arrived here on Monday on a two-day high-profile visit to Russia during which he will hold summit talks with President Vladimir Putin to review all aspects of bilateral ties and explore opportunities to further boost cooperation in sectors like trade, energy and defence.

It is Modi's first trip to Russia in nearly five years. His last visit to Russia was in 2019 when he attended an economic conclave in the Far East city of Vladivostok.

During the 22nd India-Russia annual summit on Tuesday, Modi and Putin are expected to explore ways to further expand bilateral relations in diverse areas, including trade, energy and defence.

"The special and privileged strategic partnership between India and Russia has advanced over the past 10 years, including in areas of energy, security, trade, investment, health, education, culture, tourism and people-to-people exchanges," Modi said in his departure statement.

"I look forward to reviewing all aspects of bilateral cooperation with my friend President Vladimir Putin and sharing perspectives on various regional and global issues," he said.

"We seek to play a supportive role for a peaceful and stable region," he said without making any specific references.

The annual summit between the Prime Minister of India and the President of Russia is the highest institutional dialogue mechanism in the strategic partnership between the two countries.

So far, 21 annual summits have taken place alternatively in India and Russia.

The last summit was held on December 6, 2021, in New Delhi. President Putin had visited India to attend the summit. Putin, as head of the Russian state, has visited India nine times.

Prime Minister Modi and President Putin last held bilateral talks on the margins of a summit of the Shanghai Cooperation Organisation (SCO) at Samarkand in Uzbekistan on September 16, 2022.

In the meeting, Modi had famously pressed Putin to end the conflict in Ukraine saying, "Today's era is not of war".

Since the Russian invasion of Ukraine in February 2022, Modi has held several telephonic conversations with Putin and Ukrainian President Volodymyr Zelenskyy.

In reflection of its strong friendship with Russia, India has not yet condemned Moscow's invasion of Ukraine and it has been maintaining that the crisis must be resolved through diplomacy and dialogue.

In Russia, the prime minister will also meet the vibrant Indian community.

From Russia, Modi will travel to Austria on Tuesday in the first visit by an Indian prime minister to that country in over 40 years.

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News Network
March 20,2025

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New York: An Indian national enrolled as a postdoctoral fellow in the US has been detained by immigration authorities, said a media report, less than a week after a Columbia student from India self-deported following allegations of activities supporting Hamas.

Badar Khan Suri's lawyer claimed that he is being punished “because of the Palestinian heritage of his wife — who is a US citizen — and because the government suspects that he and his wife oppose US foreign policy toward Israel.”

He is a former student of Jamia Millia Islamia, New Delhi.

Suri is currently a postdoctoral fellow at the Alwaleed Bin Talal Center for Muslim-Christian Understanding at the Edmund A Walsh School of Foreign Service, Georgetown University, Washington DC.

A report in Politico said that Suri, who was studying and teaching on a student visa, has been “detained by federal immigration authorities amid the Trump administration’s crackdown on student activists whom the government accuses of opposing American foreign policy.”

The report said that “masked agents” arrested Suri from outside his home in Virginia Monday night.

A petition filed by his lawyer Hassan Ahmad said that he was taken to a facility in Virginia and is “expected to be transferred soon to a detention centre in Texas.”

The Politico report said that Suri’s lawyer has filed a lawsuit for his immediate release.

“The agents identified themselves as being with the Department of Homeland Security and told him the government had revoked his visa,” the lawsuit says, according to the Politico report.

The report added that according to Suri’s petition, he was put in “deportation proceedings under the same rarely used provision of immigration law” that the government has invoked to try to deport Mahmoud Khalil, the Columbia University graduate and legal permanent resident arrested for his role in leading campus protests at Columbia against Israel. 

The petition says the couple has “long been doxxed and smeared” on anonymously run, far-right websites due to their support for Palestinian rights. The petition adds that Suri’s wife Mapheze Saleh has been alleged to have “ties with Hamas” and once worked for Al Jazeera.

The petition further notes that Suri has no criminal record and has not been charged with a crime. Ahmad said he had not been able to contact Suri as of Wednesday evening.

“We’re trying to speak with him. That hasn’t happened yet,” Ahmad said.

“This is just another example of our government abducting people the same way they abducted Khalil.”

According to his profile on the website of Georgetown University, Suri completed his PhD in Peace & Conflict Studies from Nelson Mandela Center for Peace and Conflict Resolution, Jamia Millia Islamia, New Delhi in 2020. 

He wrote his thesis on Transitional Democracy, Divided Societies and Prospects for Peace: A Study of State Building in Afghanistan and Iraq in which he underlined the complexities involved in introducing democracy in ethnically diverse societies; as well as challenges to project state building.

He has travelled extensively in the conflict zones of India, Pakistan, Balochistan in Iran, Iran, Turkey, Kurdish Areas in Turkey, Syria, Lebanon and its southern region, Egypt and Palestine.  

The Politico report quoted a statement from a Georgetown spokesperson as saying that Suri is an "Indian national who was duly granted a visa to enter the United States to continue his doctoral research on peacebuilding in Iraq and Afghanistan.

"We are not aware of him engaging in any illegal activity, and we have not received a reason for his detention. We support our community members’ rights to free and open inquiry, deliberation and debate, even if the underlying ideas may be difficult, controversial or objectionable. We expect the legal system to adjudicate this case fairly," the spokesperson said.

Suri's detention comes less than a week after Ranjani Srinivasan, an Indian student at Columbia University, self-deported after her visa was revoked for allegedly “advocating for violence and terrorism” and involvement in activities supporting Hamas.

Srinivasan had entered the United States on an F-1 student visa as a doctoral student in Urban Planning at Columbia University, the Department of Homeland Security had said.

It added that Srinivasan was “involved in activities supporting” Hamas, a terrorist organisation.

The Department of State had revoked her visa on March 5. The Department of Homeland Security said it has obtained video footage of Srinivasan using the Customs and Border Protection (CBP) Home App to self-deport on March 11. 

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Agencies
March 26,2025

New Delhi: Leader of Opposition Rahul Gandhi on Wednesday claimed that he was not being given a chance to speak in the House which was being run in a "non-democratic style", and said Lok Sabha Speaker Om Birla had made "unsubstantiated" remarks about him.

Gandhi's remarks came after Birla asked him to follow the rules of procedure that members are expected to observe to uphold the dignity of the House. It was not immediately clear what was the reason for the Speaker to make the observation.

The former Congress president said the Speaker made remarks about him and then adjourned the House without giving him an opportunity to speak.

"The Speaker just got up and left. He did not allow me to speak a word. He was speaking about me, and I don't know what he said about me, all unsubstantiated. I said, 'let me speak as you have spoken about me', but he did not say a word and just left. He adjourned the House when there was no need of it," the former Congress president said.

About 70 Congress Lok Sabha MPs, including deputy leader of Lok Sabha Gaurav Gogoi, party general secretary KC Venugopal and party's whip in the Lok Sabha Manickam Tagore, met the Lok Sabha speaker and raised the "denial" of opportunity to Gandhi to speak in the House.

Speaking with reporters in Parliament House complex, Gandhi said there is a convention that the Leader of Opposition is allowed to speak, but whenever he gets up to speak, he is not allowed to speak.

"So, in what manner is this House being run? We are not being allowed to speak. I have not done anything, I was sitting quietly, I did not speak anything. In the last 7-8 days, I have not been allowed to speak," the Leader of Opposition in the Lok Sabha said.

In a democracy, the opposition has a place, and the government has its own place but here there is no place for the opposition, he alleged.

Gandhi said he wanted to speak on Maha Kumbh last week after Prime Minister Narendra Modi had made a statement on it but he was not allowed to speak.

"I wanted to state that it is good that Kumbh happened, and I wanted to speak about unemployment, but I was not allowed to speak. I don't know what thinking or approach does the Speaker have but the truth is we are not being allowed to speak. It (the House) is being run in a non-democratic style," Gandhi claimed.

Earlier, in his remarks, the Speaker said members are expected to conduct themselves in a manner that upholds the high standards and dignity of the House.

"Several instances have come to my notice where the conduct of members does not conform to the high standards," the Speaker said.

"In this House, father and daughter, mother and daughter, husband and wife have been members. In this context, I expect the Leader of the Opposition to conduct himself in accordance with Rule 349 that deals with rules to be observed by members in the House," the Speaker said.

"Especially, it is expected of the Leader of the Opposition to conduct himself as per the rules," the Speaker said.

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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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