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News Headlines.

 News Headlines-

1.President Vladimir V. Putin said on Tuesday that the United States was trying to pull Russia into an armed conflict over Ukraine that Russia did not want, cautioning that the West had not yet satisfied Russia’s demands for a sphere of influence in Eastern Europe but that he hoped “dialogue will be continued.”- nytimes.com

2.Russian President Vladimir Putin said Tuesday that the US and its allies have ignored Russia's top security demands but added that Moscow is still open for more talks with the West on easing soaring tensions over Ukraine.-indiatoday.in

3.Nirmala Sitharaman said that capital expenditure has increased from Rs 5.5 lakh crore to Rs 7.5 lakh crore. She also said that the government is giving the highest MSP to farmers on crops and added that the government is ready to help the farmers decide the fate of agriculture.-news18.com

4.A push for infrastructure and a 30 per cent tax on transfer or sale of digital assets were the highlights of Finance Minister Nirmala Sitharaman's Budget 2022. Income tax rates have been kept unchanged.-ndtv.com

5.A sub-variant of the fast-spreading and heavily mutated Omicron strain of the coronavirus has now been detected in as many as 57 countries, warned the World Health Organisation (WHO) on Tuesday. In what comes as a key cause for concern, some studies have indicated that this Omicron sub-variant could be even more infectious than the original version.-hindustantimes.com

6.Agriculture and allied activities, which still employ the largest bulk of the population, saw a marginal 2% increase in Budget allocations for 2022-23. The sector’s share in the overall Budget allocations fell from 4.26% in 2021-22 to 3.84%.Farm unions were bitter about the failure to prioritise agricultural expenditure.-thehindu.com

7.India's plans to classify data centers and energy storage as infrastructure assets allowing firms to access cheap and long-term credit, in a big boost for billionaires Gautam Adani, Sunil Mittal and Mukesh Ambani's plans to aggressively grow in these segments.-ndtv.com

8.Tata group hospitality firm Indian Hotels Co Ltd (IHCL) on Tuesday reported a consolidated net profit of Rs 95.96 crore for the third quarter ended December 31, 2021. The company had posted a consolidated net loss of Rs 133.22 crore in the same period last fiscal, IHCL said in a regulatory filing.-The Economic Times

9.The Fern Hotels & Resorts, India’s leading environmentally sensitive hotel chain announced the opening of The Fern Residency, Haridwar. This is the 3rd operational property in Uttarakhand. The company already manages hotels in Bhimtal and Mussoorie in the state. Overall it takes the tally to 84 hotels managed by the company in India, Nepal and Seychelles.-hospitalitybizindia.com

10.The hospitality sector on Tuesday received a special mention in a Union Budget speech for the first time as Finance Minister Nirmala Sitharaman announced the expansion of the Emergency Credit Line Guarantee Scheme (ECLGS) — which provides additional credit to over 1.3 crore Micro, Medium, and Small Enterprises (MSMEs) — by Rs 50,000 crore to a total cover of Rs 5 lakh crore, and extended it till March 2023.-theindianexpress.com

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