You have a pen friend living in another country and he/she is curious to learn about the major news items in your country.
How are you? Long time no letters from you (You didn't write to me in ages). I remember in last letter you had mentioned about (about bein interested in ) current affairs in India,___(so let me give you some local news). Reserve Bank of India(这部分不应该放在introduction里面，应该移到下一个段落) has increased REPO rate by .50 basis points, which has lead to increase in home loan rate.
Rain in INDIA is too heavy this year same as from （compared to）the past two years. Two years back Mumbai was flooded with water and all the normal life was halted for 1 – 2 days.
Our President Dr. A.P.J. Abdul Kalam, have finished his tenure on 21st （twenty-first）of July this year. Now we have Mrs. Patil as our new and 1st lady President in Indian history. She has political background where as Dr. A.P.J. Abdul Kalam didn’t have.
After 14 years, people behind the Mumbai bomb blast in 1993 are being punished. Some are being sentence to death and some have to serve a long prison.
Take care. Be in Touch.