Bhaskar English brings you the biggest developments from India and abroad. Here are top headlines. The Day Ahead: News This Morning: 1. India's wholesale inflation dropped to 2.31% in January: Daily necessities and food items became cheaper; down from 2.37% in December Wholesale inflation in January declined to 2.31%, down from 2.37% in December. The drop is attributed to falling prices of essential commodities and food items. The Ministry of Commerce and Industry had released these figures on February 14. 2. Jio Star unveiled 'Jio Hotstar': New OTT platform gone live post Jio Cinema Disney+ Hotstar merger Jio Star has introduced a new OTT platform, 'Jio Hotstar', which has resulted from the merger of Jio Cinema and Disney+ Hotstar. With this integration, users could now enjoy content from both platforms in one place. This move has followed the recent collaboration between Viacom-18 and Star India. 3. RBI removed the board of New India Co-operative Bank: Action taken due to violation of rules, former SBI Chief General Manager Shrikant would oversee operations The Reserve Bank has imposed restrictions on deposits and withdrawals made in and from the bank due to non-compliance with regulations, effective from Thursday, January 13. The co-operative bank is also not allowed to issue new loans. 4. Gold surged to ₹86,089 per 10gm: Silver prices jumped to ₹97,494 per kg as demand for safe-haven assets rose Gold reached a new all-time high on February 14. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold rose by ₹341 to ₹86,089. Silver prices also surged as one kilogram of silver increased by ₹1,945 to ₹97,494 per kg. 5. Income Tax Bill 2025: Chapters reduced to 23, sections to 536, words to 2.6 lakh Finance Minister Nirmala Sitharaman presented the new Income Tax Bill in Parliament on Thursday. It was passed in the Lok Sabha. The new Income Tax Bill has simplified the complex Income Tax Act of 1961 by making it more concise, clear, and user-friendly, aiming for a streamlined tax system. Domestic gas cylinder prices on February 15, 2025:Original Article