Dear Readers, Here we have given the list of Important Weekly Current Affairs of Feb 01st to 07th Feb 2025. Candidates those who are preparing for Upcoming SBIClerk 2025 and other competitive exams can make use of it.

Weekly Current Affairs February 01st to 07th PDF Download

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 premiumsfor 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).
• The Securities and Exchange Board of India (SEBI) aims to ensure the safer participation of retail investors in algorithmic trading through brokers.
• 121 Financeis 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 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 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)—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.

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 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’.
• 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 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
• 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

• Nigerhas 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 4^th, 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.
• 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 fromFebruary 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.
• 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”.
• 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 Finservhas 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 Serviceshas 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, NMassumed charge as the Controller of Warship Production & Acquisition on January 30, 2025, succeeding Vice Admiral B. Sivakumar, AVSM, VSM.
• 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 chairof the GSMA board.
• TVS Motor Company (TVSM), a global automaker in the two and three-wheeler segment, has appointed Gaurav Guptaas 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.
• 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

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.
• 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 systemcapable of detecting and tracking high-altitude aircraft from a depth of 1,000 metres
• 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.
• Iranunveiled 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 Centreon 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.
• 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'sprevious record of 60 hours and 21 minutes.
• 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, Indiadiscovered 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.