China releases new edition of standard map, lays claim on Arunachal Pradesh, Aksai Chin region
Beijing, Aug 29: China on Monday officially released the 2023 edition of its "standard map" incorporating the disputed areas including its claims over Arunachal Pradesh, Aksai Chin region, Taiwan and the disputed South China Sea.
India has repeatedly said that the state of Arunachal Pradesh has "always been" and will "always be" an integral part of the country.
"The 2023 edition of China's standard map was officially released on Monday and launched on the website of the standard map service hosted by the Ministry of Natural Resources," state-run Global Times said in a post on X, formerly Twitter.
"This map is compiled based on the drawing method of the national boundaries of China and various countries in the world," the post said.
The map also displayed by the Global Times showed Arunachal Pradesh, which China claims as South Tibet, and Aksai Chin occupied by it in the 1962 war.
India has repeatedly told China that "Arunachal Pradesh was, is and will always remain an integral and inalienable part of India."
The map also incorporated China's claims over the estranged island of Taiwan and the nine-dash line claiming a large part of the South China Sea.
China claims Taiwan as part of its mainland and its integration with the mainland is part of a vowed objective of Chinese President Xi Jinping.
Vietnam, the Philippines, Malaysia, Brunei and Taiwan have counterclaims over the South China Sea areas.
The 2023 edition of China's standard map was officially released on Monday and launched on the website of the standard map service hosted by the Ministry of Natural Resources. This map is compiled based on the drawing method of national boundaries of China and various countries… pic.twitter.com/bmtriz2Yqe
— Global Times (@globaltimesnews) August 28, 2023
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
