TODAY NEWS ON April 02, 2025

News Headlines for CAT, CLAT and IPM aspirants

Source: THE HINDU
 

No protest, no walkout; INDIA bloc to debate and press for voting

The INDIA bloc TODAY NEWS ON parties have unanimously decided not to hold protests or walkout but instead to debate and press for a vote on the contentious Waqf (amendment) Bill in both houses of Parliament to force the NDA allies and the other fence sitters to take a position on the legislation, at its meeting on Tuesday evening.

Looming U.S. reciprocal tariffs spook stock markets, Sensex falls 1,390 points

The first day of the new financial year disappointed investors as frontline stock indices fell nearly 2%, reflecting fears about the impending global tariffs that the United States plans to implement from April 2. Gold prices, on the other hand, hit a new record, as investors rushed to buy the metal known as a safe haven.

India, China must strengthen ties in ‘Dragon-Elephant tango’: Xi Jinping on 75th anniversary of diplomatic ties

China and India should work more closely together, Chinese President Xi Jinping told Indian President Droupadi Murmu, describing their relationship as a “Dragon-Elephant tango,” a dance between their emblematic animals. Mr. Xi said the neighbours should find ways to coexist peacefully and that he was ready to deepen communication and coordination in major international affairs, and jointly safeguard peace in border areas.

HC to hear two PIL pleas questioning UoH’s Kancha Gachibowli land allotment to TGIIC

The Telangana High Court will hear on Wednesday (April 2, 2025) two PIL petitions questioning allotment of 400 acres of land to the Telangana Industrial Infrastructure Corporation Limited and seeking a direction to stay excavations and uprooting of trees in the said land at Kancha Gachibowli.

CAG report on pollution flags ‘flaws’ in AQI data, PUC certificate system

The locations of air quality monitoring stations in the Capital did not “fulfil the requirements” laid down by the Central Pollution Control Board (CPCB), indicating “possible inaccuracies” in the data generated by them, rendering the Air Quality Index (AQI) values “unreliable”, according to a Comptroller and Auditor General (CAG) report.

India, China should realise cooperative ‘pas de deux’ of dragon and elephant, says Xi Jinping on 75th anniversary of bilateral ties

Commemorating the 75th anniversary of the establishment of India-China bilateral relations, Chinese President Xi Jinping in a congratulatory message to President Droupadi Murmu on Tuesday said the two countries should “realise a cooperative pas de deux of the dragon and the elephant”, which completely serves the fundamental interests of the two countries and peoples, while Ms. Murmu in her message said that “stable, predictable and amicable” bilateral relations will bring major benefits to both nations and the world.

‘Need of the hour’ is to raise OBC creamy layer income limit, House panel tells govt.

A parliamentary committee looking into the welfare of Other Backward Classes on Tuesday (April 1, 2025) said it was the “need of the hour” to raise the ₹8 lakh income limit for weeding out the “creamy layer” within OBCs, saying that this limit, set more than seven years ago, was “low” and covered only a “small segment of OBCs”.

Massive fire at building in Delhi’s Jhandewalan extension, no one injured

Several cars were gutted in a massive fire that broke out at commercial complex building in central Delhi’s Jhandewalan extension on Tuesday (April 1, 2025) afternoon, Delhi Fire Services officials said. Fifteen fire tenders were deployed to douse the blaze, they said, adding that a call regarding the incident at Anarkali Complex in Block E 3 was received at 2.35 pm, an official said.

ED accuses TASMAC of creating hurdles in investigation into money laundering charges

The Directorate of Enforcement (ED) has accused Tamil Nadu State Marketing Corporation (TASMAC) of attempting to create hurdles in a legitimate investigation being done regarding potential money laundering activities involving Tasmac officials and some private entities.

PwC suggests IDEA framework for Indian companies to navigate U.S. tariff uncertainties

Global consultancy firm PwC has suggested IDEA (Invest, Diversify, Express, stay Aware) Framework for Indian businesses to navigate trade uncertainties following the decision by the U.S. administration to impose reciprocal tariff. Since the United States (U.S.) presidential elections in November 2024, global trade dynamics have shifted significantly.

32 years after Mumbai serial blasts, court orders release of Tiger Memon’s properties to Centre

A special court in Mumbai has ordered that 14 properties belonging to Tiger Memon, one of the alleged masterminds of the 1993 Mumbai serial bomb blasts, and his family be handed over to the central government. These properties were in possession of the Bombay High Court’s receiver since 1994 following an order of the TADA (Terrorist and Disruptive Activities (Prevention) Act court.

RBI celebrates 90 years: Governor says ‘next decade crucial in shaping India’s financial architecture’

The next decade will be crucial in shaping the financial architecture of the Indian economy, said Reserve Bank of India (RBI) Governor Sanjay Malhotra while speaking at the 90th anniversary of RBI.

Ashwani Kumar is lot quicker than people recognise at first, says Ryan Rickelton

Mumbai Indians’ unheralded fast bowler Ashwani Kumar, who became the first Indian to take four wickets on IPL debut, is a “lot quicker than people recognise at first”, says his teammate Ryan Rickelton. The left-arm Punjab seamer took 4/24 on Monday (March 31, 2025) to blow away Kolkata Knight Riders as Mumbai Indians recorded an eight-wicket win which took them to the sixth spot in the points table.