Union Budget for 2022-23 presented: Finance Minister Nirmala Sitharaman presented the union budget in the Parliament; GDP growth estimated at 9.2% of the current financial year; The fiscal deficit in the current financial year is 6.9%

Tax implications of the Union Budget: Tax slabs for income tax remain unchanged for the next financial year; there will however be a one-time window of two years to correct omissions or mistakes in income tax returns (ITRs) already filed by taxpayers

Sectoral implications of the Union Budget: This budget focuses on infrastructure creation, including railways, highways, logistics; After a fall in allocation to the education sector in the current fiscal year (which ends in March 2022), the budget sees a rise in education spending for the next fiscal year; on the other hand, there is a sharp fall in the allocation for rural employment guarantee scheme, food subsidies and rural development; PM-KISAN payments to farmers, and healthcare budget remains unchanged

Exodus of jews from Manipur underway: Largest exodus of Benei Manashe Jews is currently underway in Manipur; 432 have left for Israel so far this year; Called the Benei Manashe, these Jews are believed to be the descendants of the Menashe tribe, one of the ten lost tribes of Israel.

Malayalam channel’s license is cancelled by the government: Malayalam channel MediaOne TV went off air on January 31 after its license was revoked based on an order by the Ministry of Information & Broadcasting (I&B); The channel said that the ministry revoked the channel’s license, citing security concerns; The precise nature of the concern has not been communicated; In the past, Malayalam channels have been forced to go off air due to critical coverage of the Modi government