Matribhumi Samachar English

Indian economy’s financial and banking sectors have shown strong performance despite continuous geopolitical challenges, said the Economic Survey 2023-24 tabled by Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman in the Parliament today. The survey notes that the Central Bank maintained a steady policy rate throughout the year, …

India’s external sector remained strong amidst ongoing geopolitical headwinds with services exports continuing to perform well. The overall trade deficit reduced from USD 121.6 billion in FY23 to USD 78.1 billion in FY24. This is stated in the Economic Survey 2023-24 tabled by the Union Minister for Finance and Corporate …

India is hosting the World Heritage Committee Meeting for the first time. It takes place from 21 to 31 July 2024, at Bharat Mandapam in New Delhi. The World Heritage Committee meets annually and is responsible for managing all matters on World Heritage and deciding on sites to be inscribed …

A fire had broken out onboard Indian Naval Ship Brahmaputra, a multi-role Frigate, on the evening of 21 Jul 24 while she was undergoing refit at ND (Mbi), as reported earlier. The fire was brought under control by the ship’s crew with assistance of firefighters from Naval Dockyard, Mumbai {ND …

Union Minister for Education Shri Dharmendra Pradhan, today in New Delhi, presided over the signing of the ‘Letter of Intent’ between Atal Innovation Mission (AIM) and World Intellectual Property Organization (WIPO), the United Nations agency that serves the world’s innovators and creators. Executive Director, WIPO Academy, Mr. Sherif Sadallah; Vice …

The National Curriculum Framework for Foundational Stage (NCF-FS), 2022 and the National Curriculum Framework for School Education (NCF-SE), 2023 includes Curricular Goals and competencies across the stage which emphasise upon cultural aspects. Different aspects of Culture have been integrated in all the new textbooks brought out for Grades 1,2,3 and …

The Indian Women’s Hockey team participated in an intensive mental strengthening and team building camp at the prestigious Indian Naval Academy Ezhimala from 14 – 21 Jul 24. The camp featuring 30 players and support staff, was conducted to enhance mental resilience, instill a fighting spirit and foster camaraderie amongst the players.  The athletes …

The Ministry of Electronics and Information Technology (MeitY) under its Digital India Vision plans and implements its capacity building initiatives in Digital Governance. As part of the same, a 5-day training programme on ‘Managing Large Digital Transformative Projects’ has been organized at the Indian Institute of Management, Visakhapatnam from July 22 – …

FREQUENTLY ASKED QUESTIONS (FAQs) Q1. What are the major changes brought about in the taxation of capital gains by the Finance (No.2) Bill, 2024? Ans. The taxation of capital gains has been rationalised and simplified. There are 5 broad parameters to this rationalisation and simplification, namely:- Holding period has been …

The Prime Minister Shri Narendra Modi gave a statement to the media before the start of the Budget Session. Speaking on the occasion, the Prime Minister reiterated the pride in the fact that after a gap of 60 years a government has come for the third consecutive year. Placing of …