Top news stories from India for February 22, 2025:
1.India-Pakistan Cricket Rivalry Intensifies: India and Pakistan are set to face off in the ICC Champions Trophy in Dubai this Sunday. The match is expected to draw an audience of approximately 400 million viewers, highlighting the intense cricket rivalry between the two nations.
2.RBI to Infuse ₹1 Trillion to Address Liquidity Deficit: The Reserve Bank of India plans to inject at least ₹1 trillion into the banking system by the end of March 2025 to address a liquidity shortfall of around ₹1.7 trillion as of February 20. This move aims to ensure effective policy transmission by lenders.
3.Connecticut Delegation Visits India to Strengthen Economic Ties: Governor Ned Lamont of Connecticut is leading a week-long trade mission to India, visiting Bengaluru, Chennai, and Mumbai. The delegation aims to bolster economic relations and attract technology firms to Connecticut.
4.India Considers Raising Vegetable Oil Import Taxes: To support local oilseed farmers facing declining prices, India is contemplating a second increase in vegetable oil import taxes within six months. This measure could impact imports of palm oil, soyoil, and sunflower oil.
5.Investigation into USAID Activities in India: Indian authorities are examining claims that USAID spent $21 million to influence Indian elections. This follows statements by President Trump and has led to political debates within the country.
6.Ongoing Farmer Protests and Government Negotiations: Representatives from Kisan Mazdoor Morcha and Samyukta Kisan Morcha (Non-Political) met with Union Minister Pralhad Joshi to discuss demands, including legal protection for Minimum Support Prices (MSP). The next round of talks is scheduled for February 22.
7.New Delhi Railway Station Stampede: A tragic stampede at New Delhi Railway Station resulted in multiple casualties. Authorities have increased security and implemented crowd management measures to prevent future incidents.
8.India's Lunar Mission Plans: India's new space chief has outlined plans for the country's lunar mission, aiming to put astronauts on the Moon in the coming years.
9.Political Developments in Manipur: N. Biren Singh has resigned as Chief Minister of Manipur amid ongoing ethnic violence in the state.
10.Delhi Legislative Assembly Election Results: The Bharatiya Janata Party (BJP) secured a two-thirds majority in the recent Delhi Legislative Assembly elections.
11.US Deportees Return to India: A plane carrying the third batch of illegal Indian immigrants deported from the United States has landed in Amritsar.
12.Economic Outlook for India in 2025: Analysts are closely monitoring India's economic trajectory, considering factors such as global conflicts and domestic policy changes that could impact growth.
13.Tax Reforms and Public Response: The Indian government has announced an increase in income tax rebates, raising the threshold from ₹7 lakh to ₹12 lakh, aiming to reduce the tax burden for middle-income earners.
14.Preparations for Maha Kumbh 2025: The Uttar Pradesh government has deployed special buses to accommodate the influx of pilgrims attending the Maha Kumbh Mela, especially during the Basant Panchami festival.
15.Badrinath Temple to Open on May 4: The sacred portals of the Badrinath temple in Uttarakhand's Chamoli district are scheduled to open for devotees at 6 am on May 4.
16.Assam University Staff Arrested for Alleged Molestation: A non-teaching staff member of Assam University has been arrested for allegedly molesting a minor on campus.
17.Delhi Wedding Canceled Over Groom's Dance: A wedding in Delhi was called off after the groom's dance to a popular song offended the bride's father, leading to the cancellation of the ceremony.
18.Agnipath Recruitment Scheme Expansion: The Indian government has increased the budget for the Agnipath military recruitment scheme by 32% as the program expands.
19.Kerala Declared 'Backward' for Additional Funding: Union Minister George Kurian's suggestion to declare Kerala as 'backward' to receive more central funding has sparked political debates and backlash within the state.
20.Delhi Government Launches Welfare Scheme Portal: The Aam Aadmi Party (AAP) has unveiled an online portal allowing Delhi residents to track their savings from various welfare schemes implemented by the state government.
21.Income Tax Rebate Increase Explained: Finance Minister Nirmala Sitharaman has detailed the rationale behind increasing the income tax rebate threshold, aiming to provide relief to individuals earning up to ₹12 lakh annually.
22.Connecticut's Trade Mission to India: Governor Ned Lamont of Connecticut is leading a delegation to India to strengthen economic ties, focusing on technology firms and potential investments in the state.
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