February 11, 2025

NATIONAL
Bharat Mobility Global Expo 2025
⇢ PM Narendra Modi inaugurated Bharat Mobility Global Expo 2025, India’s largest and
world’s 2nd largest mobility expo at Bharat Mandapam in New Delhi.
⇢ The expo theme was “Beyond Boundaries: Co-creating Future Automotive Value
Chain”.
⇢ 90 vehicles were launched at the Auto Expo Motor Show 2025.
Company Vehicle Name Description
Vayve Mobility Pvt Ltd Vavye EVA(Variants-Nova, India’s first solar Electric
(VMPL) Stella,& Vega) Vehicle (EV)
EKA Mobility EKA COACH India’s first fully stainless-
steel luxury electric bus for
long-distance travel
BMW India BMW X1 Long Wheelbase First ever ‘Made in India’
All Electric EV
JSW MG Motor India Pvt MG Majestor India’s first D+ Segment
Ltd Sport Utility Vehicle (SUV)
TVS Motor Company TVS King EV Max India’s first Bluetooth
connected electric three-
wheeler

MoU to Bring Job Opportunities

⇢ The Ministry of Labour & Employment has signed an MoU with FoundIt to bring 10 lakh
jobs annually to the National Career Service (NCS) portal.

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Fort William renamed Vijay Durg
⇢ Fort William in Kolkata, the headquarters of the Eastern Army Command, has been
renamed to Vijay Durg.
⇢ Kitchener House inside the fort has been renamed to Manekshaw House.
⇢ The South gate (formerly St George’s Gate) is now known as Shivaji Gate.
⇢ PM Narendra Modi described the initiative to remove colonial vestiges as “gulami ki
mansikta se mukti (freedom from the mentality of slavery)”.

Conference on human trafficking

⇢ The National Human Rights Commission (NHRC) organised a national conference on
combating human trafficking in the digital era.
⇢ The conference was held in collaboration with the Hidayatullah National Law University
in Raipur, Chhattisgarh.
⇢ Justice V Ramasubramanian, Chairperson of NHRC inaugurated the event.

Promotion of Indian art and culture globally

⇢ Union Minister Gajendra Singh Shekhawat stated that the Ministry of Culture (MoC)
signs Cultural Exchange Programmes (CEPs) with other countries to promote Indian art
and culture globally.
⇢ The MoC implements the “Global Engagement Scheme” to promote India’s cultural
heritage and its global image.
⇢ It has empanelled 627 artists/groups for various art forms to perform in the Festivals of
India abroad.
⇢ The MoC also organises Rashtriya Sanskriti Mahotsavs (RSMs) in the country.
⇢ Since 2015, the MoC has organised 14 RSMs and 4 Zonal Level RSMs through ZCCs.
⇢ The government has set up 7 Zonal Cultural Centres (ZCCs) to organise cultural
programmes at the national level and protect, preserve, and promote various folk art
forms and culture.

AI University for Maharashtra

⇢ Maharashtra is set to become the first Indian state to establish an Artificial Intelligence
(AI) university.
⇢ The university aims to advance AI education, research, and innovation.

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 ECONOMY
Sensex Futures & Options contract launched
⇢ Gujarat CM Bhupendra Patel launched Sensex Futures & Options contracts on the India
International Exchange (India INX) at the Gujarat International Finance Tec-City (GIFT
City).
⇢ The launch of US Dollar-based Sensex Futures & Options contracts on India INX will
facilitate investments by global investors into the Indian market.
India International Exchange (India INX):
MD & CEO- Vijay Krishnamurthy
Headquarters- Gandhinagar, Gujarat
Established in- 2017

RBI NEWS
RBI-DPI index rises
⇢ According to a report by the RBI, the digital payments index (DPI) has increased to
465.3 in September 2024, compared to 445.5 in March 2024.
⇢ It was increased by 11.11% on Year-on-Year.
⇢ The DPI, launched in 2021, indicates the extent of digitization of payments across the
country.
⇢ It has March 2018 as the base period.

SEBI NEWS
SEBI to Pair MF with Life Insurance
⇢ SEBI is planning to launch a combo product that combines mutual fund investments with
life insurance.
⇢ A consultation paper will be released soon.

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⇢ SEBI is also working on another consultation paper to improve the safety and reliability
of financial transactions by investors.
⇢ The proposed “Pay Right” initiative will enable investors to verify the UPI ID they are
transferring money to, through KYC due diligence.

BANKING
IOB signs partnership for CAF
⇢ Indian Overseas Bank has joined the Partnership for Carbon Accounting Financials
(PCAF).
⇢ The aim is to measure and disclose greenhouse gas (GHG) emissions.
Indian Overseas Bank (IOB):
MD & CEO – Ajay Kumar Srivastava
Headquarters- Chennai, Tamil Nadu (TN)
Established in- 1937
Tagline- Good People to Grow With

AGREEMENTS
India signs MoU with Panama
⇢ India has signed its first MoU with Panama to implement Quick Impact Projects (QIP) in
the latter, aiming to boost socio-economic infrastructure.
Panama:
President- José Raúl Mulino Quintero
Capital- Panama City
Currency- Panamanian Balboa (PAB)

TPREL partners with Bank of Baroda

⇢ Tata Power Renewable Energy Ltd (TPREL) has signed an MoU with Bank of Baroda to
finance residential rooftop solar power systems under the PM Surya Ghar Yojana
(PMSGY) by 2027.
⇢ Customers will avail loan up to ₹6 Lakhs (interest rate starts from 7%)

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MoU for Logistics Infrastructure
⇢ The Department for Promotion of Industry and Internal Trade (DPIIT) has signed an
MoU with the Korea Transport Institute (KoTI) for cooperation in logistics and
infrastructure development.

BUSINESS
X partners with Visa
⇢ X (formerly Twitter) has partnered with Visa to introduce a real-time payment system.
⇢ Visa is the first partner for X’s upcoming ‘X Money Account’ service, which will be
launched later this year.

Avaada-Casale green ammonia plant

⇢ Avaada Group has partnered with Switzerland based Casale to build India’s largest
green ammonia plant in Gopalpur, Odisha.
⇢ The plant will have an annual production capacity of 1,500 tonnes per day.

GMR Airports joins UN Global Compact

⇢ GMR Airports Ltd has joined the UN Global Compact (UNGC).
⇢ It is committed to aligning its strategies with the UNGC’s 10 principles on human rights,
labour, environment, and anti-corruption.
⇢ GMR Airports Ltd operates
 Delhi International Airport Limited (DAL) in New Delhi
 Hyderabad International Airport Limited in Hyderabad
 Manohar International Airport in Goa
 Bidar Airport in Karnataka
 Kualanamu International Airport in Indonesia

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 SCIENCE
Sunita Williams breaks spacewalk record
⇢ Sunita Williams, a NASA astronaut, has broken Peggy Whitson's record for the longest
spacewalk by a woman, clocking 62 hours and 6 minutes at the International Space
Station (ISS).
⇢ She performed the spacewalk during a mission with fellow astronaut Butch Wilmore.
⇢ It was the 92nd US spacewalk and a part of the 'Expedition 72' mission.

ISRO unveils FEAST software

⇢ ISRO has launched the latest version of the 'Finite Element Analysis of Structures
(FEAST) software' at the 8th national finite element developers’ meeting at IIT
Hyderabad.
⇢ Developed by the Vikram Sarabhai Space Centre (VSSC) of ISRO, the software is used for
analysing the behaviour of structures under various loads in fields of aerospace,
automobile, civil, mechanical, and marine engineering.

CDSCO licensure for Biolumpivaxin received

⇢ Biovet, a firm under the Bharat Biotech group, has received license from the Central
Drug Standards Control Organization (CDSCO) for its lumpy skin disease (LSD) vaccine
named “Biolumpivaxin”.
⇢ The vaccine is developed in collaboration with the Indian Council of Agriculture
Research (ICAR).
⇢ It is the first Differentiation of Infected from Vaccinated Animals (DIVA) marker
vaccine for LSD in the world.

Oxygen and fuel produced in space

⇢ The Shenzhou-19 crew aboard Tiangong space station, China successfully produced
oxygen and rocket fuel ingredients through Artificial Photosynthesis.
⇢ This is the first-ever in-orbit application of this method.
⇢ The crew consists of Cai Xuzhe, Song Lingdong, and Wang Haoze, launched from
Jiuquan Satellite Launch Center (JSLC).
⇢ The experiment produced ethylene (C2H4), a hydrocarbon usable in rocket fuel.

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 AWARDS
First Black woman to win Mrs World title
⇢ Tshego Gaelae has won the Mrs World 2025 title.
⇢ She is the first Black women from South Africa to win the award.
⇢ Candice Abrahams is the only other South African to have won the title (in 2016).

CA in Public Service Award

⇢ The Institute of Chartered Accountants of India (ICAI) hosted the 3-day World Forum of
Accountants (WOFA) 2025 on the theme “Accountability Meets Innovation (AI): For A
Sustainable Planet” in New Delhi.
⇢ The event was inaugurated by Union Minister Rajnath Singh.
⇢ Deepak Kedia, the Inspector General (IG) Headquarters of the National Security Guard
(NSG), has been conferred the “CA in Public Service” Award by the ICAI.
⇢ He has also received the ‘President Medal for Distinguished Service’ on Republic Day
2024.
Institute of Chartered Accountants of India (ICAI):
Under – Ministry of Corporate Affairs
President – RK Agarwal
Established in – 1949

SPORTS
Wriddhiman Saha retires from cricket
⇢ Wriddhiman Saha, an Indian wicketkeeper-batter, announced his retirement from all
forms of cricket.
⇢ He played his last Ranji Trophy group stage match for Bengal against Punjab at the Eden
Gardens.
⇢ He also represented Bengal and Tripura in domestic cricket and played 49 matches for
India across all formats.

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