Top International and National News Updates – 14 February 2025

International Relations

Trump Denies U.S. Involvement in Bangladesh Crisis

U.S. President Donald Trump has categorically dismissed allegations of the U.S. ‘deep state’ playing a role in Bangladesh’s ongoing political crisis. Addressing the media, Trump stated, “There was no role for our deep state. This is something that the Prime Minister has been working on for a long time.” He further redirected inquiries to Indian Prime Minister Narendra Modi, implying India’s regional influence in the matter. This statement comes amid growing speculation regarding foreign involvement in Bangladesh’s internal politics.

National News

President’s Rule Imposed in Manipur

Following the resignation of Chief Minister Biren Singh, the central government has imposed President’s Rule in Manipur. This move comes amidst prolonged political instability and governance challenges in the state. President’s Rule will allow the central government to directly administer Manipur until fresh elections or a stable government is established.

Business and Economy

New Income Tax Bill 2025 Introduced

The Indian government has proposed the New Income Tax Bill 2025, aiming to streamline taxation, simplify compliance, and enhance transparency. Key highlights of the bill include:

• Revised tax slabs to ease the burden on middle-income taxpayers.
• Digital compliance measures to reduce paperwork and improve efficiency.
• Incentives for businesses to promote economic growth and investment.

Financial analysts predict that this bill will positively impact India’s ease of doing business ranking and attract more foreign investments.

Science and Technology

Adani-Backed Firm Among Finalists in Satellite Launch Privatization

In a significant boost to India’s space sector, an Adani-backed company has emerged as one of the three finalists in the government’s push for privatization of small satellite launch vehicles (SSLVs). This initiative aims to strengthen India’s commercial space industry, allowing private firms to contribute to satellite deployment and global telecommunications. The final decision is expected to be announced soon, setting the stage for India’s increasing presence in the international space market.

Sports

ICC Announces Prize Money for Champions Trophy 2025

The International Cricket Council (ICC) has revealed that the winners of the Champions Trophy 2025 will receive a prize money of ₹19.45 crore. If a team remains unbeaten throughout the tournament, their earnings could go up to ₹22 crore. This amount, while substantial, remains lower than the salaries of top Indian Premier League (IPL) players. Cricket enthusiasts are eagerly awaiting the tournament, which is expected to feature high-intensity matches and competitive performances from the world’s best teams.

Entertainment

Controversy Surrounding ‘India’s Got Latent’

A fresh controversy has erupted in the entertainment industry as an FIR has been filed against Ranveer Allahbadia, Samay Raina, and other artists for allegedly creating obscene content on the popular digital show ‘India’s Got Latent’. According to reports, comedian Samay Raina, who is currently in the U.S., has sought additional time to respond to police summons regarding the case. The case has sparked debates on the boundaries of artistic freedom and censorship in India’s digital entertainment space.