# BBC

• The income tax department on Tuesday carried out survey operations at the offices of BBC in New Delhi and Mumbai.
• IT department officials landed at BBC’s office at Delhi’s Kasturba Gandhi marg and and Santa Cruz in Mumbai shortly before noon to carry out the surveys.
• Surveys could be linked to TDS (Tax deduction at source), foreign taxation and several others.
• A survey under IT rules involves inspection of a business premises.

# Air India

• The Tata group owned Air India on Tuesday placed the largest ever aircraft order in global aviation history with letters of intent signed for purchase of 470 aircraft.
• The order comprises 40 Airbus A350s, 20 Boeing 787s and 10 Boeing 777 9s widebody aircraft, which will be deployed on long haul international routes.
• Prior to this, the largest aircraft single order placed was in 2011 by AMR corporation, the parent company of American Airlines, which has ordered a mix of 460 narrow body from Boeing and Airbus.
• The mega deal underlined the ambition of Air India under its new owner Tata to regain the pre Eminent status.

# Nikki Haley

• Invoking her background as the “proud daughter of Indian immigrants” former South Carolina governor Nikki Haley, formally announced that she is running for US President in 2024.
• She is a sikh born in Bamberg, to parents who emigrated from Amritsar.

# Wholesale inflation

• Wholesale price inflation eased to a near two year low in January as prices of some food items, manufactured products and fuel prices softened in contrast to retail inflation.
• Data released by the commerce and industry ministry on Tuesday showed inflation as measured by the wholesale price index, rose an annual 4.7% annually in January.