Top news highlights from India for February 15, 2025:
1.India's Petrochemical Demand to Surge: India is projected to be a key player in the petrochemical industry in 2025, driven by rising demand for electric vehicle components, solar panels, and household appliances. Despite global consumption lagging supply, India's local demand remains resilient, with significant investments anticipated to boost the sector's value from $220 billion to $300 billion by 2025.
2.Concerns Over India's Champions Trophy Prospects: Cricket analyst David 'Bumble' Lloyd has expressed doubts about India's chances in the upcoming Champions Trophy following the injury of elite fast bowler Jasprit Bumrah. His absence presents a significant challenge for India, who were favorites to win.
3.Verdict in Irish Backpacker Case: A court in India has found 31-year-old Vikat Bhagat guilty of the 2017 rape and murder of 28-year-old Irish backpacker Danielle McLaughlin in Goa. Sentencing is scheduled for Monday.
4.RBI to Enhance Liquidity Amid Tax Outflows: The Reserve Bank of India (RBI) will inject over $16 billion into the banking system next week to offset significant outflows due to tax payments. This move aims to ensure adequate liquidity in the financial system.
5.Maha Kumbh 2025 Traffic Restrictions: In anticipation of a massive influx of devotees, the Kumbh Mela area has been declared a No Vehicle Zone on February 15-16. Even vehicles with Kumbh Passes will be redirected to designated parking areas to ensure smooth crowd movement.
6.Extreme Weather Events Impacting India: A report by Germanwatch indicates that India ranks as the sixth-most affected country globally by extreme weather events between 1993 and 2022, with 80,000 fatalities and significant economic losses recorded during this period.
7.Upcoming Festivals in February 2025: February is packed with special days, including Vasant Panchami on February 2 and the commencement of Ramadan on February 28, offering plenty of opportunities for celebration.
8.Bank Holidays in February 2025: The Reserve Bank of India has announced bank closures for February 2025, with holidays varying across different states and regions. Key holidays include Saraswati Puja, Thai Poosam, Guru Ravi Das's Birthday, Lui Ngai Ni, Shiv Jayanti, Statehood Day, and Mahashivratri.
9.Delhi Election Results: In the recent Delhi assembly elections, BJP's Tarvinder Singh Marwah defeated AAP's Manish Sisodia in the Jangpura constituency by a margin of 675 votes.
10.Supreme Court to Hear Plea on Rohingya Refugees: The Supreme Court is set to hear a plea seeking access for Rohingya refugees to public schools and hospitals. The court has directed an NGO to provide details on the refugees' settlements and available facilities.
11.Strengthening Indo-US Defense Ties: A top US general has highlighted stronger ties with India amid Indo-Pacific tensions. An American delegation is visiting the five-day Aero India Show 2025 in Bengaluru, which will continue until February 14.
12.Punjab Government Launches NRI Helpline: The Punjab government has launched a WhatsApp helpline for Non-Resident Indians (NRIs) to report grievances, aiming to address issues faced by the diaspora promptly.
13.PM Modi Chairs WAVES Advisory Board Meeting: Prime Minister Narendra Modi chaired the Advisory Board meeting of WAVES via video conference, aiming to make India a global entertainment hub.
14.Delhi Election Results Impact on AAP Schemes: Following the BJP's victory in the Delhi assembly elections, questions arise regarding the future of AAP's free water and electricity schemes. The BJP's manifesto promised to continue existing schemes.
15.Supreme Court Questions Delay in Tamil Nadu Bills: The Supreme Court has questioned the delay in approving Tamil Nadu assembly bills, asking why the governor remained silent for years.
16.Bengaluru Man Attacks Four in Five Hours: A drunk man in Bengaluru attacked four individuals in a span of five hours, triggering a scare in the city.
17.Bijapur Encounter: Maoist Bodies Identified: In Chhattisgarh's Bijapur district, five Maoist bodies have been identified following an encounter. Tributes were paid to two slain jawans.
18.India's Got Latent Star Under Fire: Apoorva Makhija, a star from 'India's Got Latent,' is under criticism after expressing her dislike for living in Bengaluru, known as the Silicon Valley of India.
19.Thames Water Appeals for Bill Increase: Thames Water plans to appeal for a larger bill increase to address its financial instability, prompting concern from consumers and campaigners.
20.US Economy Shows Subdued Start to 2025: The US economy had a subdued start to 2025, with retail sales slumping unexpectedly, likely influenced by weather and consumer tariff worries.
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