Wuhan spirit

China said its ties with India had a “bright future” and they were preparing for a summit between their leaders as a follow-up to last year’s Wuhan informal summit between President Xi Jinping and Prime Minister Narendra Modi.

International Fleet Review

The Indian Navy has sent two ships to take part in the International Fleet Review to be held in Qingdao, China, later this month as part of the 70th anniversary celebrations of the People’s Liberation Army Navy.

Need to address growth challenges: RBI Governor

As per the minutes of the Monetary Policy Committee(MPC) meeting, four out of six MPC members had voted for a reduction in interest rate from 6.25% to 6% at the meeting of the MPC earlier this month.

New norms for taxing MNCs

The income tax department proposed a change in the methodology for taxing multinational companies (MNCs).

Suspension of LoC trade in Jammu and Kashmir

The Ministry of Home Affairs (MHA) suspended the cross-Line of Control (LoC) trade in Jammu and Kashmir, citing “funnelling of illegal weapons, narcotics and fake currency” as reasons.

HIV used to fix ‘bubble boy’ disease

Ina recent case, doctors at St. Jude Children’s Research Hospital in Memphis, fixed bubble boy disease by a gene therapy made from one of the immune system’s worst enemies HIV, the virus that causes AIDS.