Important Weekly Current Affairs PDF 01 to 07 Feb 2025

Dear Readers, Here we have given the list of Important Weekly Current Affairs 01st week of February

2025. Candidates those who are preparing for Upcoming IBPS, SBI and other competitive exams can

make use of it.

CURRENT AFFAIRS: IMPORTANT DAYS

 The ICG Day or Indian Coast Guard Day is celebrated on 01st February every year.

 International Development Week 2025 is celebrated from 2nd to 8th February 2025 (first full week

of February).

 World Wetlands Day is celebrated on 2nd February every year.

 World Cancer Day, observed annually on February 4th, is a global initiative dedicated to raising
awareness, taking action, and reducing the impact of cancer worldwide.

 International Day Against Female Genital Mutilation 2025 is observed on the 6th February 2025.

CURRENT AFFAIRS: BANKING AND FINANCE

 The Reserve Bank of India (RBI) has tightened norms for imposing monetary penalties and

compounding offences under the Payment and Settlement Systems Act (PSS Act),2007.

 One 97 Communications (OCL) owns Paytm, India's leading payments and financial services

distribution company. Paytm launched the 'Receive Money QR Widget' for Android users.

 The Insurance Regulatory and Development Authority of India (IRDA) has directed insurers not to

increase health insurance premiums for senior citizens (aged 60 and above) by more than 10%

without prior approval.

 HDFC Bank has partnered with 15 incubators and accelerators, including IIT Madras, IIM

Ahmedabad Ventures, Villgro, and ICAR Pusa Krishi, to identify promising social ventures.

 Beacon launched Beacon India Bill Pay, enabling users in Canada to pay bills in India directly

from their Beacon Money account.

 The Reserve Bank of India (RBI) approved for Tata Communications to divest its 100% stake in

Tata Communications Payment Solutions Limited (TCPSL) to Findi's Indian subsidiary,

Transaction Solutions International (TSI).

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 Important Weekly Current Affairs PDF 01 to 07 Feb 2025

 The Securities and Exchange Board of India (SEBI) aims to ensure the safer participation of retail

investors in algorithmic trading through brokers.

 121 Finance is an RBI-registered NBFC-Factor that partnered with GeM (Government-e-

Marketplace), an initiative of the Ministry of Commerce and Industry, along with Perfios and Tata

Consultancy Services (TCS), to launch the enhanced version of GeM Sahay.

 The Economic Survey 2025, is traditionally presented in Parliament on January 31, a day before

the Union Budget. The survey is prepared under the guidance of the Chief Economic Adviser

(CEA) to the Government of India.

 The Reserve Bank of India (RBI) has launched a regulatory sandbox for testing ‘On Tap’

applications under the theme ‘Retail Payments’.

 India Post Payments Bank (IPPB) and PNB MetLife India Insurance Company Limited (PNB

MetLife) have launched a bancassurance partnership to expand life insurance accessibility

across India.

 The Financial Intelligence Unit-India (FIU-IND) has imposed a monetary penalty of ₹9,27,00,000

(Nine crore twenty-seven lakh rupees) on Bybit Fintech Limited for violations under the

Prevention of Money Laundering Act (PMLA), 2002.

 X (formerly Twitter) is moving towards becoming an "everything app," a concept Musk has

envisioned for years. The platform is partnering with Visa to launch real-time payments in 2024.

 Kotak Mahindra Asset Management Company (Kotak Mutual Fund) has launched the Kotak

MSCI India exchange-traded fund (ETF), India’s 1st-ever fund replicating the MSCI India Index,
offering investors a unique opportunity to gain exposure to India’s thriving economy.

 Sri Lanka's 12-month consumer prices deflated by 4.0% in December 2024, while the Colombo

Consumer Price Index (CCPI) increased by 0.5%, reaching 192.6 points, similar to April 2023

levels.

 The Goods and Services Tax Network (GSTN) has introduced a new E-Way Bill (EWB) feature

exclusively for gold in Kerala, effective January 20, 2025.

 The Securities and Exchange Board of India (SEBI) proposed measures to safeguard investors
and ensure transactions are made only with registered intermediaries through Unified Payments

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 Important Weekly Current Affairs PDF 01 to 07 Feb 2025

Interface (UPI). The proposal includes creating a unique UPI address for the collection of money

by investors.

 Airtel Payments Bank has partnered with the Karnataka Bulldozers for the Celebrity Cricket

League (CCL) 2025.

 Reserve Bank of India (RBI) conducted a $5 billion 6-month dollar/rupee buy-sell swap auction.

 L&T Finance Limited (LTF) has launched Knowledgeable AI (KAI), an AI-powered virtual advisor

on its redesigned website for home loans.

 NPCI recommends increasing ATM cash transaction fee from ₹21 to ₹22 per transaction beyond

the free limit and ATM interchange fee hike proposed: ₹17 to ₹19 for cash transactions and ₹6 to

₹7 for non-cash transactions.

 RBI announced that ₹2000 banknotes in circulation dropped from ₹3.56 lakh crore (May 19,

2023) to ₹6,577 crore (January 31, 2025)—98.15% returned.

 The 1% Club, founded by Sharan Hegde, becomes India’s first finfluencer-led startup to secure a

Registered Investment Adviser (RIA) license from Securities and Exchange Board of India

(SEBI).

 The Securities and Exchange Board of India (SEBI) has imposed a total fine of Rs 25 lakh on

eight entities, including DB Realty (now Valor Estate) and its promoters, for violations related to

financial misstatements and non-disclosures.

 South Indian Bank (SIB) has launched two specialized startup current account products to

support the growing startup ecosystem in India: SIB Business Startup Current Account and SIB
Corporate Startup Current Account.

 Indian Bank has announced a Cyber Security & FinTech hackathon in collaboration with the

Indian Institute of Technology (IIT) Madras, set for April 2025.

 HDFC Life Insurance Company has approved the issuance of non-convertible debentures

(NCDs) worth Rs 900 crore on a private placement basis.

 The Himachal Pradesh government has received approval from the National Bank for Agriculture

and Rural Development (NABARD) for 127 projects worth ₹903.21 crore for the 2024-25 financial
year, as announced by Chief Minister Sukhvinder Singh Sukhu.

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CURRENT AFFAIRS: NATIONAL NEWS

 Article 224A of the Indian Constitution enables the appointment of retired judges as ad hoc

judges in High Courts to address judicial vacancies and case backlogs

 In a major step towards enhancing rural connectivity and economic growth, the Ministry of Rural

Development (MoRD) has approved 27 roads spanning 50.13 km under the Connectivity

Component of PM-JANMAN in Maharashtra

 The two-day workshop, chaired by Dr. Mansukh Mandaviya, Union Minister for Labour &

Employment, concluded with key discussions on social security and labour welfare for both

organized and unorganized sector workers

 The book "Indian Renaissance: The Modi Decade" was released by Shri Amit Shah, Union Home

Minister and Minister of Cooperation, in New Delhi.

 Coal India Ltd (CIL), under the Ministry of Coal (MoC), is sponsoring the Coal India Ranchi

Marathon 2025, scheduled for 9th February 2025 in Ranchi, Jharkhand.

 The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman.

 India has recently expanded its Ramsar Wetland Sites by adding four new wetlands—

Sakkarakottai Bird Sanctuary and Therthangal Bird Sanctuary in Tamil Nadu, Khecheopalri

Wetland in Sikkim, and Udhwa Lake in Jharkhand

 In a significant move to bolster disaster preparedness and resilience, the Union Home Ministry,

under the leadership of Amit Shah, has approved Rs 3,027.86 crore for disaster mitigation

projects in multiple states, including Meghalaya

 The Ministry of Railways has unveiled its new SuperApp ‘SwaRail’, designed to be a one-stop

solution for all railway-related services

 The Department of Youth Affairs, under the Ministry of Youth Affairs and Sports, Government of

India, is organizing the BRICS Youth Council Entrepreneurship Working Group Meeting from 3rd

to 7th March 2025

 In a significant step toward improving the Mahatma Gandhi National Rural Employment

Guarantee Act (MNREGA) process, Barmer District (Rajasthan) Collector IAS Tina Dabi and
Chief Executive Officer (CEO) IAS Siddharth Palanichamy launched the ‘MY NREGA App’.

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 Important Weekly Current Affairs PDF 01 to 07 Feb 2025

 India’s railway safety is set for a major transformation with the nationwide rollout of the Kavach

Automatic Train Protection (ATP) system. Union Minister Ashwini Vaishnaw has confirmed that

this ambitious project will cover the entire railway network within six years

 The Government of India has allocated ₹11,039 crore for the Agnipath scheme in the Defence

Budget 2025-26, marking a 32% increase over last year’s revised estimate of ₹7,471 crore

 In a major step to expand India’s nuclear energy sector, the government has launched a ₹20,000

crore Nuclear Energy Mission aimed at developing Small Modular Reactors (SMRs).

 The Government of India has sanctioned 40 projects across 23 states under the ‘Special

Assistance to States for Capital Investment (SASCI) – Development of Iconic Tourist Centres to

Global Scale’ initiative, with a total allocation of ₹3,295.76 crore for the Financial Year 2024-25

 The Central Zoo Authority (CZA) has given final approval for India’s first white tiger breeding

centre, to be established in Govindgarh, Rewa district, Madhya Pradesh.

 In line with Prime Minister Narendra Modi’s vision of ‘Viksit Bharat @ 2047’ and Aatmanirbhar

Armed Forces, the Union Budget 2025-26 has allocated ₹6,81,210.27 crore to the Ministry of

Defence (MoD).

 Union Minister of Finance Smt. Nirmala Sitharaman presented the Union Budget 2025-26,

highlighting a historic increase in Gender Budget allocation.

 The Government of India expanded Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (AB-

PMJAY) to provide free treatment benefits up to ₹5 lakh per year for all senior citizens aged 70

years and above, irrespective of socio-economic status, including tribal communities

 The Ministry of Textiles held the 10th Empowered Programme Committee (EPC) meeting under

the National Technical Textiles Mission at Udyog Bhawan, New Delhi.

 The Government of India has launched the ‘Haj Suvidha App’, aimed at improving the pilgrimage

experience for Indian Haj pilgrims.

 The Agricultural and Processed Food Products Export Development Authority (APEDA), under

the Department of Commerce, has significantly contributed to India's fruit and vegetable export

growth through its financial assistance schemes

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 Important Weekly Current Affairs PDF 01 to 07 Feb 2025

 India has emerged as the global leader in passenger load factor (PLF) for domestic flights,

recording an impressive 86.4% in 2024, surpassing the US (84.1%) and China (83.2%),

according to the latest International Air Transport Association (IATA) report

 India has inaugurated its first Ferret Research Facility at the Translational Health Science and

Technology Institute (THSTI) in Faridabad, Haryana, marking a major milestone in the country’s

biomedical research efforts.

 The Indian Army made a significant move towards decolonization by renaming Kolkata’s Fort

William to ‘Vijay Durg’.

 Union Minister Shri Shivraj Singh Chouhan launched the national-level mass outreach campaign

“Watershed Yatra”, under the Watershed Development Component of Pradhan Mantri Krishi

Sinchayee Yojana (WDC-PMKSY 2.0).

CURRENT AFFAIRS: INTERNATIONAL NEWS

 Niger has been acknowledged by the World Health Organization (WHO) for

eliminating onchocerciasis (river blindness), making it the 5th country globally and the first in

Africa to achieve this milestone.

 President Donald Trump has declared a national emergency under the International Emergency

Economic Powers Act (IEEPA) due to illegal immigration and drug trafficking, particularly fentanyl.

A 25% additional tariff is imposed on imports from Canada and Mexico and 10% additional tariff

is imposed on imports from China.

 The United Kingdom will be the first country to introduce laws against AI-generated sexualised
images of children.

 Jonathan Reynolds, UK’s Secretary of State for Business and Trade, to visit India in February

2025 to accelerate FTA negotiations.

 The Economic Community of West African States (ECOWAS) has formally recognized the

withdrawal of Niger, Mali, and Burkina Faso after prolonged tensions.

 Sri Lanka is celebrating its 77th National Day on February 4th, 2025 with official celebrations held

at Independence Square in Colombo, featuring a military parade, cultural performances, and a

special address by President Anura Kumara Dissanayake.

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 Important Weekly Current Affairs PDF 01 to 07 Feb 2025

 India and Saudi Arabia discussed strengthening cooperation in the critical minerals sector,

focusing on investment and technological collaboration.

 Singapore has passed the Maintenance of Racial Harmony Bill aimed at protecting against

foreign interference in its race-based clans and business associations, ensuring the preservation

of racial harmony in the multicultural city-state.

 Leading South Korean companies and institutions are increasingly restricting the use of

DeepSeek, a Chinese artificial intelligence model, amid concerns over its excessive data

collection practices.

 GMR Airports Ltd (GAL) has joined the United Nations Global Compact (UNGC), further

solidifying its commitment to corporate sustainability.

 Argentina has announced its decision to withdraw from the World Health Organization (WHO),

following a similar move by the United States under President Donald Trump in January 2025.

CURRENT AFFAIRS: STATE NEWS

 The Tripura government presented two key demands to the 16th Finance Commission (FC-

XVI) regarding the horizontal distribution of resources among states.

 The Jammu & Kashmir government has launched the “Tree Aadhaar” mission to conserve the

declining chinar trees.

 The New Delhi World Book Fair 2025 will be held from February 1 to 9, 2025, at Bharat

Mandapam, Pragati Maidan, New Delhi (Halls 2-6, Ground Floor).

 The Andhra Pradesh government has launched ‘Mana Mitra’, a WhatsApp-based governance
platform aimed at providing citizens with digital access to government services.

 The 32.78-hectare area of Guneri village in Lakhtar tehsil, Kutch district, has been declared

as Gujarat's first Biodiversity Heritage Site (BHS).

 Maharashtra to establish India’s first AI university, announced by IT Minister Ashish Shelar.

 Bhutan's Prime Minister Dasho Tshering Tobgay to visit Kolkata for the Bengal Global Business

Summit (BGBS) 2025. The summit, organized by the West Bengal government, will be held on

February 5-6, 2025.

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 Important Weekly Current Affairs PDF 01 to 07 Feb 2025

 Amazon India has partnered with Uttar Pradesh’s ARGA initiative to support women

entrepreneurs in Gonda through its Saheli programme.

 PM Shri Government Senior Secondary School in Namchi, Sikkim has been recognized as the

only educational institution in the Northeastern states to receive a Green School Rating.

 Telangana's caste survey data was released on February 3 and presented in the state assembly

on February 4.

 The Rajasthan Cabinet chaired by Chief Minister Bhajanlal Sharma took several important

decisions, including a new textile and apparel policy, data center policy, and logistics policy to

promote industrial and economic development in the state.

CURRENT AFFAIRS: BUSINESS NEWS

 Nestlé S.A., the world's largest coffee company, is considering the launch of Starbucks-branded

ready-to-drink (RTD) coffee products in India, marking a significant move in its global partnership

with Starbucks Corporation

 India's gold investments saw a 60% surge in 2024, reaching ₹1.5 lakh crore ($18 billion),

according to the World Gold Council (WGC).

CURRENT AFFAIRS: AWARDS AND HONOURS

 The 67th Annual Grammy Awards, which celebrated the best in music, took place at the

Crypto.com Arena in Los Angeles

 Indian-American musician and business leader Chandrika Tandon, 71 has won the Grammy

Award for Best New Age, Ambient, or Chant Album for her project ‘Triveni’, a collaboration with
Wouter Kellerman and Eru Matsumoto

 The University of Sussex has awarded an honorary doctorate to Noel Tata, a prominent business

leader within the Tata Group, in recognition of his contributions to global business leadership,

ethical practices, and corporate social responsibility.

 The Sahitya Akademi Award 2024 in Dogri has been conferred on Late Chaman Arora for his

short story collection, "Ik Hor Ashwthama”.

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 Important Weekly Current Affairs PDF 01 to 07 Feb 2025

 REC Limited , a Maharatna Central Public Sector Enterprise under the Ministry of Power has

been awarded the ‘Gold Shield’ in the ‘Financial Services Sector (Other than Banking and

Insurance)’ category at the ICAI Awards for Excellence in Financial Reporting for FY 2023-24

 RITES Limited, a Navaratna Public Sector Enterprise under the Ministry of Railways, has been

conferred the ‘Gold’ award in the ‘Public Sector Entities’ category at the ICAI Awards for

Excellence in Financial Reporting for FY 2023-24.

 Tshego Gaelae, a Soweto-born attorney, has made history by becoming the first Black woman to

win the Mrs World 2025 title at the grand finale in Las Vegas

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

 Bajaj Finserv has appointed Ramandeep Singh Sahni as its new Chief Financial Officer

(CFO) and Whole-Time Key Managerial Personnel, effective from February 1, 2025.

 Mahindra & Mahindra Financial Services has appointed Pradeep Kumar Agrawal as its Chief

Financial Officer (CFO) and Key Managerial Personnel, effective from March 5, 2025.

 The Appointments Committee of the Cabinet (ACC) approved the appointment of Rajesh Nirwan

(IPS) as the Director General of the Bureau of Civil Aviation Security (BCAS).

 Vice Admiral Rajaram Swaminathan, AVSM, NM assumed charge as the Controller of Warship

Production & Acquisition on January 30, 2025, succeeding Vice Admiral B. Sivakumar, AVSM,

VSM.

 M. Mohan has been appointed as the director of the Liquid Propulsion Systems Centre (LPSC) in

Thiruvananthapuram, Kerala.
 Gopal Vittal, Vice Chairman and Managing Director of Bharti Airtel, has been appointed as

the acting chair of the GSMA board.

 TVS Motor Company (TVSM), a global automaker in the two and three-wheeler segment, has

appointed Gaurav Gupta as President – India two-wheeler business.

 Aalok Shanghvi, son of founder Dilip Shanghvi, appointed as Chief Operating Officer (COO) in

Sun Pharma.

 Bart De Wever, a conservative political leader, was sworn in as the Prime Minister of Belgium on
3rd February 2025 by King Phillippe in a ceremony at the royal palace in Brussels.

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 Important Weekly Current Affairs PDF 01 to 07 Feb 2025

 Ashu Khullar has been appointed as the global co-head of Global Asset Managers (GAM), based

in London and K Balasubramanian will succeed Khullar as CEO of Citibank India, subject to RBI

approval.

CURRENT AFFAIRS: MOUS AND AGREEMENT

 The Data Informatics and Innovation Division of the Ministry of Statistics and Programme

Implementation (MoSPI) signed a Memorandum of Understanding (MoU) with Indraprastha

Institute of Information Technology (IIIT-Delhi) under the Data Innovation (DI) Lab Initiative.

 In collaboration with IIT Indore, the Ministry of Electronics & Information Technology (MeitY) has

launched AgriHub, an AI-driven Center of Excellence (CoE) to revolutionise Indian agriculture.

 Ahead of the Global Investor Summit 2025 (GIM 2025), Karnataka is set to sign Memorandums of

Understanding (MoUs) with 5-6 foreign universities and 6-8 Indian universities to establish

institutions in its upcoming Knowledge and Innovation Hub (KWIN City).

 Sam Altman, CEO of OpenAI, signed a strategic partnership with South Korean tech giant Kakao,

aiming to expand OpenAI’s reach and explore new alliances in the face of intense competition,

particularly from Chinese AI firm DeepSeek.

 The Indian Army, in collaboration with IIT Guwahati, has initiated the development of bamboo-

based composite bunkers as a sustainable alternative to conventional military structures

 In a significant move to bolster India’s carbon markets and decarbonisation efforts, the Indian

Institute of Corporate Affairs (IICA) and the Carbon Market Association of India (CMAI) have

signed a Memorandum of Understanding (MoU) in New Delhi

CURRENT AFFAIRS: RANKING AND REPORTS

 Zepto, the Indian quick-commerce startup, achieved remarkable success in 2024, becoming the

second most downloaded app globally in the foods and drinks category, according to Sensor

Tower data.

CURRENT AFFAIRS: ACQUISITION AND MERGERS

 TVS Holdings completes acquisition of 80.74% equity stake in Home Credit India for ₹554 crore.

 Paytm Cloud Technologies Limited (PCTL) to invest $1 million (Rs 8.7 crore) for a 25% stake in
Seven Technology LLC.

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 Important Weekly Current Affairs PDF 01 to 07 Feb 2025

 The Competition Commission of India (CCI) has approved the acquisition of shareholding in

POSCO-India Pune Processing Center by POSCO India Processing Center, a subsidiary of

POSCO Holdings.

CURRENT AFFAIRS: DEFENCE NEWS

 China has developed a deep-sea radar system capable of detecting and tracking high-altitude

aircraft from a depth of 1,000 metres underwater.

 A significant breakthrough in Large Area Additive Manufacturing (LAAM) has been achieved at

the DRDO-Industry-Academia Centre of Excellence (DIA-CoE) at IIT Hyderabad.

 Indian Air Force Group Captain Shubhanshu Shukla is set to become the 1st Indian astronaut to

travel to the International Space Station (ISS) on a private mission in 2025.

 Iran unveiled a new long-range ballistic missile and tested an advanced anti-ship cruise missile,

expanding its military capabilities amid ongoing tensions with the West.

 The H3 rocket, carrying the Michibiki 6 satellite, successfully lifted off from the Tanegashima

Space Centre on a southwestern Japanese island.

 International Big Cat Alliance (IBCA) Framework Agreement comes into force from January 23,

2025 as a treaty-based international organization Becomes a Full-Fledged Treaty-Based

Organization

 The Defence Research & Development Organisation (DRDO) successfully conducted three

consecutive flight-trials of the Very Short-Range Air Defence System

(VSHORADS) from Chandipur, Odisha.

 The 13th edition of the joint India-Maldives military exercise ‘Ekuverin’ is being hosted by

Maldives from 2-15 February 2025.

 The Theatre Level Operational Readiness Exercise (TROPEX-25) was held off India’s western

coast on January 30-31, 2025.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

 IIT Madras launched India’s first cancer genome database, Bharat Cancer Genome Atlas

(BCGA), to enhance cancer research and diagnostics.

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 MediBuddy partnered with Japanese electronics company ELECOM to introduce IoT-enabled

health monitoring devices in India.

 IIT Guwahati researchers, in collaboration with global institutions, developed a multi-stage clinical

trial method to enhance personalized medical care.

 TruthTell Hackathon launched by the Ministry of Information & Broadcasting in collaboration with

the India Cellular & Electronics Association (ICEA) as part of the World Audio Visual &

Entertainment Summit (WAVES) 2025.

 Bhavish Aggarwal announced a ₹2,000 crore investment in Krutrim, with a commitment of

₹10,000 crore by next year.

CURRENT AFFAIRS: SPORTS NEWS

 The Government of India has approved the participation of an 88-member Indian contingent in

the 9th Asian Winter Games (AWG), set to be held from 7th to 14th February 2025 in Harbin,

China.

 The Fit India Sundays on Cycle initiative will continue with Union Minister of Youth Affairs &

Sports, Dr. Mansukh Mandaviya, leading a diverse group of riders.

 In a landmark final at the Bayuemas Oval in Kuala Lumpur, Malaysia, the Indian U19 women’s

cricket team recorded a dominant nine-wicket victory over South Africa in the ICC U19 Women’s

T20 World Cup 2025

 Indian Grandmaster R Praggnanandhaa clinched the Tata Steel Masters Chess Tournament

2025, defeating world champion D. Gukesh 2-1 in a dramatic tiebreaker

 Ollie Schniederjans made a stunning comeback to win the International Series India, presented

by DLF, held at the DLF Golf and Country Club in Gurugram, near Delhi.

 The 2025 Australian Cricket Awards celebrated outstanding performances across all formats, with

Travis Head emerging as the standout cricketer, securing his first-ever Allan Border Medal.

 Sunita Williams, an Indian-origin astronaut, broke the record for the longest total spacewalking

time by a woman, with 62 hours and 6 minutes. She surpassed Peggy Whitson's previous record

of 60 hours and 21 minutes.

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 Important Weekly Current Affairs PDF 01 to 07 Feb 2025

 Simona Halep, a two-time Grand Slam champion and former World No. 1, has officially

announced her retirement from professional tennis at the age of 33

 Former India wicketkeeper-batter Wriddhiman Saha has officially announced his retirement from

all formats of cricket.

CURRENT AFFAIRS: ENVIRONMENT

 Researchers at Banaras Hindu University in Varanasi, India discovered a new species of

phytopathogenic fungi, Epicoccum indicum (Ascomycota, Didymellaceae).

CURRENT AFFAIRS: OBITUARIES

 Greg Bell, the 1956 Olympic long jump gold medalist, passed away on January 25 at his home at

the age of 94.

 Navin Chawla, former Chief Election Commissioner (CEC) of India, passed away at the age

of 79.

 Prince Karim Al-Hussaini, known as Aga Khan IV, the spiritual leader of millions of Ismaili

Muslims and one of the world’s most prominent philanthropists, passed away on Tuesday in

Lisbon, Portugal, at the age of 88.

 Veteran British actor Brian Murphy, known for his roles in Man About the House and George and

Mildred, has passed away at 92.

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

Dear Readers, Here we have given the list of Important Weekly Current Affairs 02nd week of February

2025. Candidates those who are preparing for Upcoming IBPS, SBI and other competitive exams can

make use of it.

CURRENT AFFAIRS: IMPORTANT DAYS

 World Pulses Day 2025 is observed on the 10th of February.

 International Epilepsy Day 2025 is observed on the 10th of February 2025.

 National Deworming Day 2025 is observed on the 10th of February 2025.

 The 10th International Day of Women and Girls in Science 2025 is observed on 11th February

2025
 This year, the Safer Internet Day is going to be celebrated on 11th February 2025 under the

theme of "Together for a Better Internet".

 World Day of the Sick is a Catholic Church awareness day, or observance, on February 11,

aimed at praying and sharing, sacrificing one’s suffering for the welfare of the church, and urging

everyone to see the face of Christ in his or her ailing brother or sister.

 National Productivity Day 2025 is observed on the 12th of February 2025. The theme for National

Productivity Day 2025 is “From Ideas to Impact: Protecting Intellectual Property for Competitive

Startups”.

 World Radio Day is celebrated on 13 February is a date proclaimed by UNESCO to celebrate

radio broadcasts, improve international cooperation among radio broadcasters and encourage

decision-makers to create and provide access to information through radio, including community

radios.

CURRENT AFFAIRS: NATIONAL NEWS

 India rapidly advances its logistics infrastructure through key initiatives like PM Gati Shakti and

the National Logistics Policy (NLP).

 The Department of Agriculture and Farmers’ Welfare, Government of India, has expanded the

scope of trade under e-NAM (National Agricultural Market) by adding 10 more agricultural
commodities.

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

 The BIMSTEC (Bay of Bengal Initiative on Multi-Sectoral Technical and Economic Cooperation)

Youth Summit 2025 will take place in Gandhinagar, Gujarat, from 7 to 11 February 2025.

 The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the continuation

and restructuring of the Skill India Programme (SIP) until 2026 with an outlay of Rs. 8,800 crore

from 2022-23 to 2025-26.

 The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved the extension of

the National Commission for Safai Karamcharis (NCSK) tenure for three years, extending it

beyond 31.03.2025 until 31.03.2028.

 India has reached a historic milestone in its defence sector, with domestic defence production

surpassing ₹1.27 lakh crore.

 The Pradhan Mantri Jan Dhan Yojana (PMJDY) has achieved a significant milestone, with over

54.58 crore bank accounts opened as of January 15, 2025.

 India will host the first-ever World Audio Visual Entertainment Summit (WAVES) at the Jio World

Convention Centre in Mumbai from May 1 to 4, 2025.

 The Ministry of Housing and Urban Affairs (MoHUA), in collaboration with MyGov, has introduced

the ‘Culinary, Crafts & Clicks—Moods & Magic’ festival.

 President Droupadi Murmu inaugurated the International Conference on Unani Medicine at

Vigyan Bhawan, New Delhi, organized by the Central Council for Research in Unani Medicine

(CCRUM) under the Ministry of Ayush.

CURRENT AFFAIRS: INTERNATIONAL NEWS

 United States President Donald Trump signed an executive order to withdraw the United States

from the United Nations Human Rights Council (UNHRC), citing unethical practices by certain

"outlier" countries within the UN.

 The “Summit for Action on Artificial Intelligence” has officially begun in Paris, with Indian Prime

Minister Narendra Modi and French President Emmanuel Macron co-chairing the high-profile

event.

 The 4th edition of World of Coffee Dubai will take place from February 10 – 12, 2025, at the Dubai
World Trade Centre (DWTC).

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

 Operation Devil Hunt was launched by Bangladesh's interim government in response to attacks

on protesters allegedly carried out by supporters of former Prime Minister Sheikh Hasina’s Awami

League party.

 This was Prime Minister Modi’s 6th visit to France and follows President Macron’s visit to India in

January 2024 as the Chief Guest for the 75th Republic Day of India.

CURRENT AFFAIRS: STATE NEWS

 The Central Zoo Authority (CZA) has granted approval for the establishment of a white tiger

breeding centre in Rewa district, Madhya Pradesh.

 The Odisha government submitted a demand before the 16th Finance Commission to increase

the states’ share in central taxes to 50%.

 The Kerala government approved the Kerala Health System Improvement Programme by availing

a loan of Rs 2,424.28 crore from the World Bank.

 The Odisha government has decided to implement the Unified Pension Scheme (UPS),

‘Antyodaya Gruha Yojana’ for economically weaker sections of society.

 The ‘Har Khet-Swasth Khet’ campaign aims to collect soil samples from every acre of Haryana

and provide farmers with soil health cards.

 Gujarat's Global Capability Centre (GCC) Policy 2025-30 was unveiled by Chief Minister

Bhupendra Patel at GIFT City on February 11, 2025.

 Assam will host the world's largest Jhumur dance (also called Jhumoir) on 24th February, in the

presence of Prime Minister Narendra Modi.

CURRENT AFFAIRS: BANKING AND ECONOMY

 The 6 Member Monetary Policy Committee (MPC) revised the repo rate for the first time in two

years, unanimously voting for a 25 basis points (bps) cut from 6.50% to 6.25%.

 The Insolvency and Bankruptcy Board of India (IBBI) has proposed a mechanism to improve the

Corporate Insolvency Resolution Process (CIRP) for interconnected entities.

 Ujjivan Small Finance Bank (SFB) has applied to the Reserve Bank of India (RBI) for a universal

bank license.

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

 Indian Overseas Bank (IOB) is celebrating its 89th Foundation Day on February 10, 2025, and

has announced its commitment to environmental sustainability by joining the Partnership for

Carbon Accounting Financials (PCAF).

 Poonawalla Fincorp collaborates with ServiceNow to implement AI-powered solutions for audit

and governance.

 Tata Power Renewable Energy Limited (TPREL) has signed a Memorandum of Understanding

(MoU) with Bank of Baroda for financing residential rooftop solar systems under the Pradhan

Mantri Surya Ghar Yojana (PMSGY).

 The Reserve Bank of India (RBI) has approved two voluntary amalgamations in the urban co-

operative bank (UCB) sector:

 The Reserve Bank of India (RBI) has formed a working group led by Executive Director Radha

Shyam Ratho to review trading and settlement timings of financial markets regulated by the RBI,

with a report due by April 30, 2025.

 The Reserve Bank of India (RBI) deferred implementation of Liquidity Coverage Ratio (LCR) and

project financing norms by a year, new deadline: March 31, 2026.

 The Reserve Bank of India (RBI) launches an exclusive internet domain ‘bank.in’ for registered

banks to enhance cybersecurity and prevent phishing scams.

 Gold investments in India surged by 60% in 2024, reaching $18 billion (~₹1.5 lakh crore),

compared to 2023, according to a report.

 PhonePe Group announced its decision to exit the Account Aggregator business and instead
collaborate with other account aggregators in the market.

 The Reserve Bank of India (RBI) allows Securities and Exchange Board of India (SEBI)-

registered non-bank brokers to access NDS-OM (Negotiated Dealing System – Order Matching)

for secondary market transactions in government securities.

 Indian fintech company, Infibeam Avenues has achieved a significant milestone through its

subsidiary, Rediff.com, which has secured a Third-Party Application Provider (TPAP) license from

the National Payments Corporation of India (NPCI) for its digital payment platform, RediffPay.
 General Insurance Corporation of India (GIC Re)'s board of directors has approved the

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

incorporation of a wholly owned subsidiary—GIC Re, India Service Company—in the United

Kingdom.

 The Securities and Exchange Board of India (Sebi) has unveiled a series of proposals aimed at

reducing ambiguity in related party transaction (RPT) norms and improving transparency in

secretarial audit reports.

 IDFC FIRST Bank, in collaboration with Ikonz, has expanded its use of the latest artificial

intelligence (AI) avatar of Bollywood superstar Amitabh Bachchan to 10 more branches across

five new cities, including Delhi, Gurugram, Ahmedabad, Bangalore, and Hyderabad.

 One 97 Communications Limited (Paytm) has teamed up with Agoda, a prominent digital travel

platform under Booking Holdings, to enhance its travel services.

 In a groundbreaking move, Policybazaar has partnered with HDFC Life, a leading player in India's

life insurance sector, to launch the HDFC Life Click 2 Protect Ultimate.

 The Export Pathshala workshop aimed at enhancing agri and allied exports through Farmer

Producer Organizations (FPOs) was organized by National Bank for Agriculture and Rural

Development (NABARD) in collaboration with Palladium Consulting India Private Limited

(PCIPL).

 Easebuzz, a full-stack payment solutions provider, has received final authorization from the

Reserve Bank of India (RBI) to operate as an Online Payment Aggregator (PA) under the

Payment and Settlement Systems Act, 2007.

 The Securities and Exchange Board of India (SEBI) has proposed a new framework to address
unclaimed funds and securities lying with stock brokers to protect investors' interests.

 Public-sector lender Union Bank of India has revised its External Benchmark Lending Rate

(EBLR) to 9.0% from February 11, 2025.

 Reserve Bank of India (RBI) imposed a penalty of Rs 35.60 lakh on Federal Bank Ltd and Karur

Vysya Bank Ltd for non-compliance with RBI directions.

 Reserve Bank of India injects Rs 2,50,000 crore to enhance banking system liquidity through a

Variable Rate Repo (VRR) auction.

 Retail inflation fell to 4.3% in January 2025, a 91 basis points (bps) drop from December 2024.

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

 The Securities and Exchange Board of India (SEBI) has proposed amendments to the margin

pledge system to enhance transparency and prevent misuse of clients’ securities.

 The Securities and Exchange Board of India (SEBI), the market regulator, has launched the

Mutual Fund Investment Tracing and Retrieval Assistant (MITRA) platform to help investors trace

inactive mutual fund folios.

 The Reserve Bank of India (RBI) on February 12, 2025 lifted the restrictions on Kotak Mahindra

Bank, allowing it to issue new credit cards and onboard new customers through its website and

mobile app, nearly 10 months after an embargo was imposed on it.

 Shriram Finance Limited (SFL) has raised a $500 million loan through SACE, Italy’s export credit

agency, making it the first Indian NBFC to secure such funding.

 The Reserve Bank of India (RBI) will soon release ₹50 denomination banknotes in the Mahatma

Gandhi (New) Series with the signature of newly appointed Governor Sanjay Malhotra.

 The Reserve Bank of India (RBI) has expanded the scope of Unified Payments Interface (UPI) by

allowing transactions using pre-sanctioned credit lines at Small Finance Banks (SFBs), enabling

customers to use pre-approved credit lines for UPI transactions.

 To celebrate the centenary of legendary playback singer Mohammed Rafi, the Government will

issue a ₹100 commemorative coin.

 Small Industries Development Bank of India (Sidbi) and Agence Française de Développement

(AFD), France signed a USD 100 million credit facility agreement (CFA) to support Green

Finance solutions for Indian MSMEs.

CURRENT AFFAIRS: BUSINESS NEWS

 Food and delivery giant Zomato has officially rebranded itself as “Eternal”, effective February 6,

2025.

 THDC India Ltd (THDCIL) has entered the domestic thermal energy sector by commencing

commercial operations of a 660-MW unit at the Khurja Super Thermal Power Plant (STPP) in

Bulandshahr, Uttar Pradesh.

CURRENT AFFAIRS: AWARDS AND HONOURS

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

 Deepak Kumar Kedia, Inspector General (IG) Headquarters, National Security Guard (NSG), has

been awarded the ‘CA in Public Service’ Award by the Institute of Chartered Accountants of India

(ICAI).

 Indian filmmaker Varsha Bharath’s directorial debut, Bad Girl, has won the NETPAC (Network for

the Promotion of Asian Cinema) Award at the International Film Festival Rotterdam (IFFR) 2025.

 The Sahitya Akademi Award 2024 in Dogri literature will be posthumously awarded to the late

Chaman Arora for his book Ik Hor Ashwthama, a collection of short stories.

 Three Indian Computer Science students from Maharaja Agrasen Institute of Technology, New

Delhi, secured the Bronze Award at the Global Best M-Gov Award 2025 during the World

Government Summit (WGS) in Dubai.

 Hollywood star Tom Cruise has been honored with the Grande Médaille, the highest distinction

from the Aero-Club de France.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

 N Biren Singh, Chief Minister of violence-hit Manipur, resigned on February 9, 2025.

 Atishi submitted her resignation to Lieutenant Governor (LG) VK Saxena, a day after Aam Aadmi

Party’s heavy defeat in the Delhi assembly elections.

 Lebanon's new government was formed with Nawaf Salam as Prime Minister after weeks of

negotiations.

 Canara Bank appointed Dr. Madhavankutty G as Chief Economist, effective January 2025.

 Nokia announced that Pekka Lundmark will step down as CEO, and Justin Hotard will take over
from April 1, 2025.

 Romanian President Klaus Iohannis announced his resignation, effective February 12, 2025 after

mounting pressure from populist opposition groups.

CURRENT AFFAIRS: MOUS AND AGREEMENT

 CleanMax, a leading renewable energy provider, has signed a Power Purchase Agreement (PPA)

with Amazon to develop a 100 MW renewable energy project in India.

 An Memorandum of Understanding (MoU) was signed between the Indian Sign Language
Research and Training Centre (ISLRTC), under the Department of Empowerment of Persons with

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

Disabilities (DEPwD), Ministry of Social Justice & Empowerment, and the National Book Trust

(NBT) at the World Book Fair 2025.

 In a significant step to strengthen bilateral relations, India and Nicaragua have signed a

Memorandum of Understanding (MoU) to implement Quick Impact Projects (QIPs).

 The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, and

the Korea Transport Institute (KOTI), Republic of Korea, signed a Memorandum of Understanding

(MoU) to strengthen logistics and infrastructure collaboration.

 India and the European Free Trade Association (EFTA)—comprising Switzerland, Norway,

Iceland, and Liechtenstein—have launched the India-EFTA Desk to facilitate deeper economic

ties.

 India and Israel are set to enhance economic and trade relations through the upcoming India-

Israel Business Forum and India-Israel CEO Forum in New Delhi.

 Prime Minister Narendra Modi and French President Emmanuel Macron will jointly inaugurate the

Indian Consulate in Marseille.

 The Apparel Training & Design Centre (ATDC), Gurugram, signed a Memorandum of

Understanding (MoU) with South Eastern Coalfields Limited (SECL), a subsidiary of Coal India

Limited (CIL), under the Ministry of Coal.

 The Department of Telecommunications (DoT), in collaboration with the Coalition for Disaster

Resilient Infrastructure (CDRI), launched a comprehensive report on Disaster Risk and Resilience

Assessment Framework (DRRAF) to strengthen India’s telecom sector against disasters.

CURRENT AFFAIRS: RANKING AND REPORTS

 India has maintained its third position in the U.S. Green Building Council's (USGBC) annual

ranking of countries with the most Leadership in Energy and Environmental Design (LEED)-

certified green buildings in 2024.

 The Henley Passport Index 2025, compiled by Henley & Partners, ranks 199 passports based on

visa-free and visa-on-arrival access to global destinations.

 Transparency International has released the Corruption Perceptions Index (CPI) 2024, ranking
India at 96th position out of 180 countries with a score of 38.

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

 India has made significant progress in the World Bank’s Logistics Performance Index (LPI) 2023,

achieving: 22nd Rank in the International Shipments category & 38th Rank in Overall Logistics

Performance.

 Hyundai Motor India has been added to both the MSCI Emerging Markets Index and the MSCI

India Domestic Index.

CURRENT AFFAIRS: ACQUISITION AND MERGERS

 AU Small Finance Bank (AU SFB) announced on February 13, 2025, that the Reserve Bank of

India (RBI) has approved Temasek’s Zulia Investments to acquire up to 7% stake in the bank.

CURRENT AFFAIRS: DEFENCE NEWS

 The Defence Ministry has signed two contracts worth ₹10,147 crore for procuring ammunition to

enhance the army’s firepower.

 Union Defence Minister Rajnath Singh inaugurated the 15th Aero India 2025, Asia's top

aerospace exhibition in Bengaluru.

 The Ministry of Defence (MoD) has signed a Rs 642.17 crore contract with Bharat Electronics

Limited (BEL) for the procurement of 28 EON-51 Electro Optical Fire Control Systems (EOFCS).

 India has recently finalized an agreement with Russia to acquire anti-ship cruise missiles.

 India’s Vehicle-Mounted Counter-Drone System was launched at Aero India 2025 under a public-

private partnership, developed under DRDO’s Transfer of Technology (ToT) framework.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

 India will launch the Chandrayaan-4 mission in 2027 to bring back moon rock samples to Earth,
according to Science and Technology Minister Jitendra Singh.

 Hindustan Aeronautics Limited (HAL) has officially renamed its flagship jet training aircraft, the

Hindustan Jet Trainer HJT-36, as ‘Yashas’ following extensive modifications aimed at enhancing

its performance and operational efficiency.

 Scientists at the Indian Institute of Technology Roorkee (IIT Roorkee) have made a

groundbreaking discovery about Acinetobacter baumannii, a highly drug-resistant superbug that

causes life-threatening infections.

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

 Indian Institute of Technology Madras (IIT Madras) and Indian Space Research Organisation

have successfully developed and booted an Atmanirbhar aerospace-quality SHAKTI-based

Semiconductor Chip.

 Russia has extended an important offer to India regarding advanced fighter jet production,

highlighting a new phase of defence collaboration between the two nations.

CURRENT AFFAIRS: BOOKS & AUTHOURS

 Chief Minister of J&K Omar Abdullah officially released the book "Hearts and Heroes: Lives that

Shaped Us", authored by Kulbhushan Kumar, a JKAS officer currently serving as Director of

Finance in Disaster Management, Relief & Rehabilitation Department.

CURRENT AFFAIRS: SPORTS NEWS

 Indian Navy’s Niraj Kumar stunned Paris Olympics bronze medallist Swapnil Kumar and

Aishwarya Pratap Singh Tomar to win gold in the men’s 50m rifle 3 positions event at the National

Games.

 Indian spinner Varun Chakravarthy has been nominated for the ICC Men's Player of the Month

award for January 2025 following his outstanding performance in the T20I series against

England.

 Australian all-rounder Marcus Stoinis has retired from One Day International (ODIs), ruling

himself out of the 2025 ICC Champions Trophy.

 Shrachi Rarh Bengal Tigers defeated Hyderabad Toofans 4-3 in a thrilling Men’s Hockey India

League (HIL) 2024-25 final, held at Birsa Munda International Hockey Stadium, Rourkela.
 The International Cricket Council (ICC) has officially launched the theme song for the ICC Men’s

Champions Trophy 2025, titled ‘Jeeto Baazi Khel Ke’, performed by renowned Pakistani singer

Atif Aslam.

 At 33 years and 164 days, Varun Chakravarthy has become India’s second-oldest cricketer to

make his ODI debut, following Farokh Engineer (36 years, 138 days).

 Former Sri Lankan captain and veteran opener Dimuth Karunaratne has retired from international

cricket after playing his 100th Test against Australia in Galle.

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

 Promising Indian youngster Manas Dhamne secured his first ITF singles title with a comeback

victory over Italy’s Lorenzo Carboni in the M15 tournament final in Monastir, Tunisia.

 Switzerland’s Jil Teichmann clinched another WTA 125 title at the L&T Mumbai Open, defeating

Thailand’s Mananchaya Sawangkaew 6-3, 6-4 in the final.

 In a landmark achievement, India's men's ice hockey team registered its first-ever victory at the

Winter Asian Games 2025, defeating Macao, China 4-2 at the Harbin Ice Hockey Arena, Harbin,

China.

 Reliance Consumer Products Ltd (RCPL), the FMCG arm of Reliance Industries, has entered the

sports hydration drink segment with its new brand, Spinner.

 Carlos Alcaraz claimed his first indoor hardcourt title by defeating Alex de Minaur 6-4, 3-6, 6-2 in

the Rotterdam Open final.

 Brazilian footballer Marcelo, one of the most decorated left-backs in football history, has

announced his retirement at the age of 36.

 India’s captain Rohit Sharma delivered a stellar performance in the second ODI against England

in Cuttack, leading India to a thrilling four-wicket win.

 The Indian Olympic Association (IOA) has officially announced that Meghalaya will host the 39th

edition of the National Games in February/March 2027.

 Pankaj Advani, India’s most decorated cueist, secured his 36th national title and 10th men’s

snooker championship at Yashwant Club.

 Uttar Pradesh's Sachin Yadav continued his impressive rise in javelin throw, securing the gold
medal at the 38th National Games in Ganga Athletic Stadium

Dehradun.

 Phoenix Suns star Kevin Durant reached 30,000 career points against the Memphis Grizzlies,

hitting a free throw in the third quarter.

CURRENT AFFAIRS: OBITUARIES

 Gyalo Thondup, the 14th elder brother of Tibetan spiritual leader the Dalai Lama, passed away at

the age of 97 due to age-related ailments at his residence in Kalimpong, West Bengal.

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 Important Weekly Current Affairs PDF 08 to 14 Feb 2025

 Sam Nujoma, the first president of independent Namibia, passed away at the age of 95 in

Windhoek, the country's capital.

 Acharya Satyendra Das, chief priest of Ram Janmabhoomi Temple, Ayodhya, passed away at

SGPGIMS, Lucknow.

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 Important Weekly Current Affairs PDF 15 to 21 Feb 2025

Dear Readers, Here we have given the list of Important Weekly Current Affairs 03rd week of February

2025. Candidates those who are preparing for Upcoming IBPS, SBI and other competitive exams can

make use of it.

CURRENT AFFAIRS: IMPORTANT DAYS

 International Childhood Cancer Day (ICCD), observed annually on February 15, is a global

movement aimed at raising awareness about childhood cancer, advocating for improved

treatments, and supporting young cancer patients and their families.

 The United Nations (UN) World Day of Social Justice is annually observed on February 20 to

encourage people to look at how social justice affects poverty eradication

 Every year February 21 is celebrated as International Mother Language Day 2025 all over the

world.

CURRENT AFFAIRS: IMPORTANT DAYS

 The Government of India has approved 40 projects across 23 states under the ‘Special

Assistance to States for Capital Investment (SASCI)—Development of Iconic Tourist Centres to

Global Scale’ Scheme for the Financial Year 2024-25.

 The President of India, Smt. Droupadi Murmu graced the inaugural session of the International

Women’s Conference organised by The Art of Living in Bengaluru.

 Union Minister Mansukh Mandaviya will inaugurate the first-ever Regional Dialogue on Social

Justice, which is set to take place on February 24-25 at Bharat Mandapam in New Delhi.

 Jitendra Singh, Minister of State for Personnel, Public Grievances, and Pensions, will chair the

12th All India Pension Adalat in New Delhi.

 Prime Minister Narendra Modi met Tesla and SpaceX CEO Elon Musk at Blair House,

Washington, D.C.

 Prime Minister Narendra Modi has announced the establishment of a Deregulation

Commission to minimize state intervention in governance and enhance the ease of doing

business.
 On February 18, 2025, the Pradhan Mantri Fasal Bima Yojana (PMFBY) celebrates its 9th

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 Important Weekly Current Affairs PDF 15 to 21 Feb 2025

anniversary, marking nearly a decade of providing financial security to Indian farmers.

 The Government of India has extended the Pradhan Mantri Annadata Aay Sanrakshan Abhiyan

(PM-AASHA) till 2025-26 to ensure that farmers receive fair prices for their produce during the

15th Finance Commission Cycle.

 Union Minister for Environment, Forest, and Climate Change, Shri Bhupender Yadav,

inaugurated a day-long conclave organized by the Recycling and Environment Industry

Association of India (REIAI) on ‘Waste Recycling & Climate Change 2025’.

 Union Minister for Rural Development and Agriculture & Farmers’ Welfare, Shri Shivraj Singh

Chouhan, inaugurated the National Geospatial Knowledge-based Land Survey of Urban

Habitations (NAKSHA) Pilot Programme at Raisen, Madhya Pradesh.

 India has taken an innovative step in blending science and art with the inauguration of the

country’s first Open-Air Art Wall Museum at Mausam Bhawan, New Delhi.

 India’s smartphone exports surged 56% to an all-time high of Rs 1.55 trillion between April 2024

and January 2025, up from Rs 991.2 billion in the same period last year.

 The urban unemployment rate in India remained unchanged at 6.4% in the October-December

quarter of FY25, according to the latest Periodic Labour Force Survey (PLFS) released by

the Ministry of Statistics and Programme Implementation (MoSPI).

 The Union Government has released the Fifteenth Finance Commission (XV FC) Grants for Rural

Local Bodies (RLBs) in Bihar, Haryana, and Sikkim for the Financial Year 2024–25.

 India was elected to the Vice Presidency of the International Organization of Aids to Marine
Navigation (IALA) during its first General Assembly in Singapore.

CURRENT AFFAIRS: STATE NEWS

 Madhya Pradesh becomes the first state in India to introduce the Global Capability Centre Policy

2025.
 The Energy Department of Karnataka introduced the Clean Mobility Policy 2025–2030 to

establish the state as a hub for green transportation.

 The West Bengal government has launched the “Nodi Bandhan” initiative as part of its 2025-26
budget, aiming to address natural disasters and generate employment opportunities.

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 Important Weekly Current Affairs PDF 15 to 21 Feb 2025

 Chief Minister Pema Khandu along with his Council of Ministers and chief secretary released

the Deputy Commissioners’ Conference (DCC) Outcome Report after a Cabinet meeting.
 The Kerala government is set to launch ‘nPROUD’ (New Programme for Removal of Unused

Drugs), a pioneering initiative aimed at the scientific

collection and disposal of expired and unused medicines.

 In a significant boost to India’s Act East policy, the Inland Waterways Transport (IWT)

Terminal at Jogighopa in Assam was inaugurated on February 18, 2025.

 Pushkar Singh Dhami-led government in Uttarakhand has repealed the 2018 land law enacted

during Trivendra Singh Rawat’s tenure.

CURRENT AFFAIRS: BANKING AND FINANCE

 Ashoka University has partnered with Axis Bank to strengthen its PhD, Post-Doctoral, and

Research

 Securities and Exchange Board of India (SEBI) has approached the government seeking

more powers to act against unauthorised financial advisors on social media

platforms like WhatsApp and Telegram.

 Indian banks’ net interest margins (NIMs) will likely decline by 10 basis points on average in

2025-26 due to the Reserve Bank of India’s interest rate cuts, but the drop will be cushioned by

the central bank easing liquidity conditions, Fitch Ratings stated.

 Reserve Bank of India (RBI) Bars New India Co-operative Bank from issuing new loans and

suspends deposit withdrawals for six months due to supervisory concerns and liquidity issues.
 The Securities and Exchange Board of India (SEBI) has proposed new measures to strengthen

the regulatory framework for ESG Rating Providers (ERPs), aiming to

enhance transparency and accountability.

 The Export-Import Bank of India (Exim Bank) will provide lines of credit (LoC) totaling USD 300

million to Vietnam for procuring high-speed guard boats and offshore patrol vessels (OPVs).

 The National Payments Corporation of India (NPCI) has introduced new guidelines for UPI

chargebacks, effective February 15.

 Leading DataTech Non-Banking Financial Company, UGRO Capital partners with Dutch

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 Important Weekly Current Affairs PDF 15 to 21 Feb 2025

entrepreneurial development bank, FMO, securing INR 2,600 million in Non-Convertible

Debentures (NCDs)

 The Reserve Bank of India (RBI) has imposed monetary penalties on Shriram Finance (₹5.80

lakh for lapses in risk categorization review), Ujjivan Small Finance Bank (₹6.70 lakh for non-

compliance with loan and advance restrictions), and Nainital Bank (₹61.40 lakh for violations

related to interest rates on advances and customer service).

 The Bank of Maharashtra (BoM) has received approval from the Reserve Bank of India (RBI) to

establish an International Financial Services Centre (IFSC) Banking Unit at GIFT City in

Gandhinagar, Gujarat.

 India Post Payments Bank is providing comprehensive banking services for millions of pilgrims at

the Mahakumbh 2025, ensuring convenience and security for all financial transactions.

 CheQ’s launch of Wisor, India’s first AI-powered credit card expert, is a significant step forward in

simplifying and streamlining credit card management for Indian users.

 HDFC Life has partnered with CARS24 Financial Services Private. Limited. in a corporate agency

tie-up, aiming to provide life insurance solutions to CARS24 customers.

 The Reserve Bank of India (RBI)has cancelled the Certificate of Registration (CoR) of X10

Financial Services Ltd (formerly Abhishek Securities Ltd) under Section 45-IA (6) of the RBI Act,

1934, due to serious violations in its lending practices, particularly in digital lending operations.

 PNB MetLife India Insurance Company Limitedhas announced a strategic

partnership with Truhome Finance (formerly Shriram Housing Finance Limited) to offer Group
Credit Life Insurance to Truhome Finance’s home loan customers.

 Liberty General Insurance, in collaboration with Maruti Suzuki Insurance Broking Pvt Ltd, is

committed to enhancing insurance awareness and accessibility through its ‘Bima Prachaar Aur

Prasaar’ initiative.

 The Insurance Regulatory and Development Authority of India (IRDAI) held the 9th edition of

Bima Manthan, its quarterly review meeting with insurance company CEOs, on February 13-14.

 Tata Capital plans to raise ₹15,000 crore ($1.72 billion) through debt, including green bonds and
non-convertible debentures (NCDs).

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 PhonePe becomes the first to offer this device tokenization solution to all merchants, making it a

significant milestone in the payment industry.

 South Indian Bank has rolled out a new service, ‘SIB Quick FD’, which allows individuals to start a

fixed deposit without needing to open a savings account with the bank.

 Life Insurance Corporation (LIC) has launched the ‘Smart Pension’ plan, effective from February

18, 2025.

 The Insurance Regulatory and Development Authority of India (IRDAI) has permitted a one-time

UPI mandate for blocking premium amounts for life and health insurance policies.

 Karnataka Bank, on its 101st Founders’ Day, launched two new banking products: KBL Stri, a

specialized savings account for women, including homemakers, professionals, and

entrepreneurs, and KBL One Family Banking Programme, which links family members under a

single ID, providing shared privileges, tailored benefits, and seamless banking access.

 The Securities and Exchange Board of India (SEBI) has proposed a SIM-binding authentication

mechanism to enhance security in stock market transactions and prevent unauthorized access to

investors’ trading and demat accounts.

 Life Insurance Corporation of India (LIC) has launched a single-premium smart pension

plan offering various annuity options for Single Life and Joint Life

 Asian Development Bank (ADB) has approved a plan to scale up its operations by 50% over the

next decade, leveraging its existing capital base to enhance development impact across Asia and

the Pacific.
 The Reserve Bank of India (RBI) corrected the Hindi translation of its Ombudsman Scheme to

avoid conflict with the Lokpal Act.

 The Reserve Bank of India (RBI) corrected the Hindi translation of its Ombudsman Scheme to

avoid conflict with the Lokpal and Lokayuktas Act, 2013, which mandates the establishment of

Lokpal at the Union level and Lokayuktas at the State level to investigate corruption allegations

against public officials.

 The Reserve Bank of India (RBI) has introduced RBIDATA, a mobile application designed to
enhance public access to macroeconomic and financial data.

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 The International Financial Services Authority (IFSCA) has introduced the IFSCA Bullion Market

Regulations, 2025, replacing the IFSCA (Bullion Exchange) Regulations, 2020.

 The Insurance Regulatory and Development Authority of India (Irdai) has formed a high-powered

committee led by Dinesh Khara, former State Bank of India (SBI) chairman, to scrutinise various

aspects of the Insurance Act, 1938, and suggest amendments.

 High-frequency indicators like vehicle sales, air traffic, steel consumption, and GST E-way

bills suggest a sequential pickup in activity during H2 2024-25, as per the RBI bulletin for

February.

 SBI Research estimates India’s Gross domestic product (GDP) growth at 6.3% for FY25,

assuming no major revisions in Q1 and Q2 growth figures from the National Statistical Office

(NSO).

 Securities and Exchange Board of India (SEBI) and the Bharat InvIT Association (BIA) are

working on setting up dedicated data benchmarking institutes (DBIs) for Infrastructure Investment

Trusts (InvITs) to enhance transparency, accessibility, and informed decision-making for

investors.

CURRENT AFFAIRS: AWARDS AND HONOUR

 NTPC Limited., India’s largest integrated power utility, has been honoured with the Forward

Faster Sustainability Award 2025 in the Water Resilience category.

 N. Chandrasekaran, Chairman of Tata Group, was conferred with an honorary knighthood by

the United Kingdom.

 Nita Ambani, Founder and Chairperson of Reliance Foundation, has been awarded the Governor

of Massachusetts’ Citation for her outstanding contributions to education, healthcare, sports, arts,

culture, and women’s empowerment.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

 The Institute of Chartered Accountants of India (ICAI) elected its new President and Vice

President for the term 2025-26 during its 26th Council meeting on February 12, 2025.

 Greece’s parliament elected Constantine Tassoulas, former parliamentary speaker, as

the country’s new president.

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 Important Weekly Current Affairs PDF 15 to 21 Feb 2025

 President’s Rule was imposed in February 2025 after Manipur Chief Minister N. Biren Singh

resigned, citing political instability.

 The Reserve Bank of India (RBI) has approved the reappointment of R

Subramaniakumar as Managing Director & Chief Executive Officer (MD & CEO) of Ratnakar

Bank.

 Future Generali India Insurance has appointed Kanika Garg as its Chief Operating Officer (COO).

 The Reserve Bank of India (RBI) has approved the appointment of Prabdev (PD) Singh as the

CEO of Standard Chartered (StanC) in India and South Asia.

 SBI Cards and Payment Services has announced the appointment of Salila Pande as its

new Managing Director and CEO, effective April 1, 2025, for a two-year term.

 Gyanesh Kumar, a retired Indian Administrative Service (IAS) officer from the 1988 Kerala cadre,

has been appointed as India’s 26th Chief Election Commissioner (CEC), effective February 19,

2025.

 Janet E. Petro made history as the first woman to serve as NASA’s Acting Administrator.

 Rekha Gupta took oath as the Chief Minister of Delhi, marking the BJP’s return to power in the

national capital after 27 years.

 PayU has appointed Pramod Rao as its new Chief Risk Officer (CRO).

CURRENT AFFAIRS: MOUS AND AGREEMENT

 At India Energy Week 2025, India signed multiple strategic agreements and memorandum of

understanding (MoUs) to enhance energy security, diversify supply sources, and foster
innovation in the oil and gas sector.

 The Philippines is set to place an order worth $200 million for India’s indigenously developed

Akash short-range missile system in the upcoming financial year.

 The Department for Promotion of Industry and Internal Trade (DPIIT) has announced a strategic

partnership with Rukam Capital and Bootstrap Incubation & Advisory Foundation to drive the

holistic growth of India’s startup ecosystem.

 At Hyderabad House, New Delhi, Prime Minister of India, Shri Narendra Modi, and President of
Indonesia, Mr. Prabowo Subianto, witnessed the Exchange of Memorandum of Understanding

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 Important Weekly Current Affairs PDF 15 to 21 Feb 2025

(MoU) between India and Indonesia.

 The 4th India-European Union (EU) Urban Forum served as a crucial step in shaping

a collaborative approach to India’s urban transformation.

 The Ministry of Labour & Employment (MoLE) has signed an MoU with APNA, a leading job

recruitment platform, to enhance employment prospects for young job seekers.

 India and Qatar have decided to upgrade their bilateral relations to a strategic partnership,

focusing on trade, investment, and energy cooperation.

 The Department of Telecommunications (DoT) and the International Telecommunication Union

(ITU) have taken a major step in digital infrastructure planning by signing a Letter of Intent (LoI) to

explore the potential of AI-driven digital twin technologies.

 Marking a significant milestone in Science and Technology (S&T) cooperation, the Council of

Scientific and Industrial Research (CSIR), India, and the Nepal Academy of Science and

Technology (NAST) formalized a Memorandum of Understanding (MoU) at CSIR-National

Physical Laboratory (CSIR-NPL), New Delhi.

 Union Minister for Coal and Mines, Shri G. Kishan Reddy, along with senior officials from

the Ministry of Mines, held a high-level meeting with E. Raúl Alejandro Jalil, Governor of

Catamarca, Argentina, in New Delhi.

 The Syama Prasad Mookerjee National Institute of Water and Sanitation (SPM-

NIWAS) and Arghyam have signed a Memorandum of Understanding (MoU) to collaborate on

developing Digital Public Infrastructure (DPI) for the Water, Sanitation, and Hygiene (WASH)
sector.

 In a strategic move to shift from a B2C to a B2B approach for tribal communities, the Tribal

Cooperative Marketing Development Federation of India Ltd (TRIFED) has entered into key

partnerships with Meesho, the Indian Federation of Culinary Associations (IFCA), and the

Mahatma Gandhi Institute of Rural Industrialization (MGIRI).

CURRENT AFFAIRS: RANKING AND INDEX

 Six Indian families feature in Bloomberg’s list of Asia’s 20 richest families, with the Ambani family
leading at $90.5 billion.

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 Important Weekly Current Affairs PDF 15 to 21 Feb 2025

 Karnataka has emerged as the best-performing state in local governance in 2024, overtaking

Kerala, which held the top position in 2015-16.

CURRENT AFFAIRS: ACQUISITION AND MERGERS

 On February 14, 2025, JioCinema and Disney+ Hotstar officially merged to form JioHotstar,

creating one of India’s largest streaming platforms.

 360 ONE Asset, formerly known as IIFL Asset Management, is set to acquire a 15% stake

in Bharti AXA Life Insurance.

 The Competition Commission of India (CCI) has approved the acquisition of a stake in Blackwater

Coal Mine by NS Blackwater Pty Limited and JFE Steel Australia (BW) Pty Ltd.

 The Competition Commission of India (CCI) has approved the amalgamation of Chaitanya India

Fin Credit Private Limited (CIFCPL) and Svatantra Holdings Private Limited (SHPL) into

SvatantraMicrofin Private Limited (SMPL).

CURRENT AFFAIRS: DEFENCE NEWS

 The 6th edition of Dharma Guardian will be held at Mount Fuji, Japan from February 25 to March

9, 2025.

 India is strengthening defence ties with Malaysia, focusing on maritime security, the defence

industry, and cooperation in multilateral forums.

 The Aeronautical Development Agency (ADA), a premier lab under the Defence Research and

Development Organisation (DRDO), has signed an MoU with MIDHANI for the indigenous

development of high-strength, high-toughness special-grade steel “MDN100” for aeronautical

applications, including its use in the 5th generation Advanced Medium Combat Aircraft (AMCA).

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

 Tech giant Google has officially renamed the Gulf of Mexico to the ‘Gulf of America’ on Google

Maps for American users.

 Saab and Hindustan Aeronautics Limited (HAL) have signed a Memorandum of Understanding

(MoU) for the local manufacture of Saab’s LWS-310 laser warning system in India.

 Tata Elxsi, a global leader in design and technology services, and Garuda Aerospace, a
pioneering UAV (Unmanned Aerial Vehicle) manufacturer, have signed a Memorandum of

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 Important Weekly Current Affairs PDF 15 to 21 Feb 2025

Understanding (MoU) at Aero India 2025, Asia’s biggest Airshow, held from February 10th–14th.

 Indian Institute of Technology Kanpur has developed a solar dehydration technique to help

farmers preserve their produce and reduce post-harvest losses.

 Scientists using the Euclid space telescope discovered a bright Einstein ring, a rare phenomenon

where light from a distant galaxy bends around a closer galaxy.

 The BrahMos NG (Next Generation) missile system is undergoing significant advancements, with

its production expected to start around 2027-2028.

 China’s aerospace industry achieved a record-breaking 68 rocket launches in 2024, with even

greater plans for 2025, including the launch of several new commercial spacecraft.

 In a major boost to India’s self-reliance in space technology, Indian scientists and engineers have

successfully developed the world’s largest 10-tonne Vertical Planetary Mixer for processing solid

propellants, a critical component in rocket motor production.

 The Padmaja Naidu Himalayan Zoological Park, West Bengal (Darjeeling Zoo) setting up the

country’s first bio-banking facility and animal museum is a huge step forward in preserving

endangered species and studying biodiversity.

CURRENT AFFAIRS: ENVIRONMENT

 The Zoological Survey of India (ZSI) discovered two species of goby

fish, Hemigobiushoevenii and Mugilogobiustigrinus, at the Coringa Wildlife

Sanctuary near Kakinada, Andhra Pradesh.

CURRENT AFFAIRS: PERSON IN NEWS

 The European Space Agency (ESA) has confirmed that John McFall, a 43-year-old British

surgeon and former Paralympian, has been approved for a long-duration mission aboard the

International Space Station (ISS).

CURRENT AFFAIRS: SPORTS

 The ICC Champions Trophy 2025, scheduled from February 19 to March 9 in Pakistan and

Dubai, has gained further excitement with the announcement of Shikhar Dhawan as one of its

official event ambassadors.

 The International Cricket Council (ICC) has announced Jomel Warrican (West Indies) and Beth

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 Important Weekly Current Affairs PDF 15 to 21 Feb 2025

Mooney (Australia) as the Players of the Month for January 2025, recognizing their exceptional

performances in international cricket.

 Bangladesh’s Shohely Akhter has become the first woman cricketer to be banned by the

International Cricket Council (ICC) for corruption charges.

 The 38th National Games 2025 ended on a grand note in Haldwani, Uttarakhand, marking a

significant milestone in India’s growing sports culture.

 Cristiano Ronaldo has once again secured his place as the highest-paid athlete in the world,

earning a staggering $285 million in 2025.

 Pakistan’s star batter Babar Azam has achieved another milestone by becoming the joint-fastest

player to reach 6,000 runs in One Day Internationals (ODIs).

 The 9th Asian Winter Games were held in Harbin, Heilongjiang Province, China, from February 7

to February 14, 2025. Organized by the Olympic Council of Asia (OCA) and supported by

the International Skating Union (ISU), the event witnessed participation from 34

countries across 11 winter sports disciplines.

 Reliance Consumer Products’ Campa Cola has acquired the co-presenting rights for IPL 2025,

marking a major move in India’s beverage market.

 Ugandan runner Jacob Kiplimo made history by shattering the half-marathon world

record in Barcelona.

 The 2025 Sportstar Aces Awards held at the Taj Mahal Palace, Mumbai, celebrated India’s top

sporting talents.
 Saudi Arabia has been selected as the host country for the first-ever Olympic Esports

Games in 2027, marking a historic milestone in the global gaming industry.

 In a historic victory, Indonesia claimed its first-ever Asia Mixed Team Badminton

Championship title by defeating defending champions China with a 3-1 win at the Conson Sports

Centre in Qingdao, China.

 Manu Bhaker, an Olympic medal-winning shooter, has been named the BBC Indian

Sportswoman of the Year (ISWOTY) 2024.

CURRENT AFFAIRS: OBITUARIES

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 SukriBommagowda, a celebrated folk singer and Padma Shri awardee, passed away at 84 in

Badageri village, Uttara Kannada.

 Pratul Mukhopadhyay, the renowned Bengali vocalist, composer, and lyricist, passed away at the

age of 83, leaving an indelible mark on Bengal’s music scene.

 C Krishnaveni, a pioneering figure in Telugu cinema, passed away at the age

of 102 in Hyderabad due to age-related issues.

 Milind Rege, a stalwart of Mumbai cricket, passed away in Mumbai, Maharashtra due to cardiac

arrest at the age of 76.

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