Important Weekly Current Affairs 2025 News - February 22nd to 28th
Mar 01 2025
Dear Readers, Here we have given the list of Important Weekly Current Affairs of Feb 22nd to 31st Feb 2025. Candidates those who are preparing for Upcoming SBIClerk 2025 and other competitive exams can make use of it.
Weekly Current Affairs February 22nd to 28th PDF Download
CURRENT AFFAIRS: IMPORTANT DAYS
- World Scout Day is celebrated every 22nd February.
- World Thinking Day 2025is observed on 22nd February.
- Every year February 24 is celebrated as the central Excise Dayall over the world.
- World NGO Day 2025 is observed on the27th of February 2025.
- World Protein Day, observed annually on February 27, aims to raise awareness about the importance of protein in human nutrition.
- National Science Dayis celebrated on 28th February every year to honor the discovery of the Raman Effect by Sir C.V. Raman while working at the Indian Association for the Cultivation of Science, Kolkata.
CURRENT AFFAIRS: NATIONAL NEWS
- Indiahas made a significant advancement in modernizing its aviation sector by launching the Electronic Personnel License (EPL) for flight crew.
- Prime Minister Shri Narendra Modiinaugurated the first edition of the School of Ultimate Leadership (SOUL) Leadership Conclave 2025 at Bharat Mandapam, New Delhi.
- India has made a significant advancement in wildlife conservation by setting up the country’s first zoo-based biobankat Padmaja Naidu Himalayan Zoological Park (PNHZP), Darjeeling, West Bengal.
- Prime Minister Narendra Modiwill visit Mauritius next month to participate as the Guest of Honour at the country’s National Day celebrations.
- Indiahas officially assumed the Chairmanship of BOBP-IGO from Bangladesh during the 13th Governing Council Meeting held in Malé, Maldives.
- Art lovers in Hyderabadare in for a visual and intellectual experience as Srishti Art Gallery and Goethe-Zentrum Hyderabad collaborate to present “Topographies of Tents, Terracotta, and Time.”
- The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)scheme, launched in 2019, provides Rs 6,000 per year to small and marginal farmers in three equal installments.
- Prime Minister Narendra Modiinaugurated the Global Investors Summit 2025 in Bhopal, unveiling 18 new industrial policies to establish Madhya Pradesh as a premier investment hub.
- India has set a new global benchmark in holistic healthcare and Ayurveda with the ‘Desh Ka Prakriti Parikshan Abhiyaan’, which secured five Guinness World Records. Led by the National Commission for Indian System of Medicine (NCISM)and supported by the Ministry of Ayush, the campaign concluded its first phase in Mumbai.
- NITI Aayog,the Indian government’s premier think tank, has formed a high-level committee to transform AIIMS New Delhi into a world-class institution for medical research and healthcare excellence.
- Prime Minister Narendra Modiinaugurated the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati, Assam, highlighting the economic transformation of the Northeast and its role in India’s growth story.
- Indiahas emerged as the top global destination for Initial Public Offerings (IPOs) in 2024, accounting for 23% of all IPOs worldwide and raising $19.5 billion.
- The total amount disbursed under operative Kisan Credit Card (KCC) accountshas more than doubled from ₹4.26 lakh crore in March 2014 to ₹10.05 lakh crore in December 2024.
- IIT Madras, in partnership with Indian Railways,has established India’s inaugural hyperloop test track within the IIT campus.
- The Government e-Marketplace (GeM)marked six years of its Startups, Women & Youth Advantage through e-Transactions (SWAYATT) initiative at its headquarters in New Delhi.
- The Cali Fund for the Fair and Equitable Sharing of Benefits from Digital Sequence Information on Genetic Resources (DSI)was launched today at the resumed session of COP16 of the Convention on Biological Diversity (CBD) at the FAO Headquarters in Rome.
- The 49th Civil Accounts Daywill be celebrated on 1st March 2025 in New Delhi, marking the Foundation Day of the Indian Civil Accounts Service (ICAS).
CURRENT AFFAIRS: INTERNATIONAL NEWS
- SIA-Indiaand SIA-Australia jointly hosted PRISM (Perspectives on Regulatory Issues in Strategic Markets) 2.0 on February 20, 2025.
CURRENT AFFAIRS: STATE NEWS
- The Uttar Pradesh Budget 2025-26,presented by State Finance Minister Suresh Kumar Khanna on February 20, 2025, has a total outlay of ₹8,08,736 crore.
- The Haryana Government has rolled out the ‘Haryana Witness Protection Scheme 2025’to ensure the safety and security of witnesses who play a crucial role in the justice system.
- Datia Airporthas received a license as a public aerodrome from the Directorate General of Civil Aviation (DGCA).
- The Satyendra Nath Bose National Centre for Basic Scienceshas inaugurated Eastern India’s first astronomical observatory atop Panchet Hill in the Garpanchkot area of Purulia district, West Bengal.
- Madhya Pradesh has recorded the highest vulture populationin India.
- Indian Prime Minister Narendra Modiwill witness the “biggest ever” Jhumur event at Sarusajai Stadium, Guwahati, during Jhumoir Binandini 2025.
- The Bodoland Territorial Region (BTR) Assam governmenthas added “Bathouism” as an official religious option in various application forms.
- The Union Governmenthas approved the construction of the Arunachal Frontier Highway, a massive infrastructure project aimed at enhancing connectivity in border areas, Union Minister Kiren Rijiju
CURRENT AFFAIRS: BANKING AND FINANCE
- Bank lending to Non Banking Financial Companies (NBFCs) grew at 6.7%in 2024, compared to 15% in 2023, reaching ₹16.22 lakh crore as of December 2024.
- India’s economic growth is projected to slow to 4% in 2025, down from 6.6% in 2024, primarily due to new U.S. tariffs and weakening global demand impacting exports, according to a report by Moody’s Analytics.
- Reserve Bank of Indiareceived bids worth ₹1.87 trillion against the notified amount of ₹40,000 crore at the Open Market Operation
- Indiais projected to become a high-income country by 2047 with a GDP of USD 23-35 trillion.
- The Reserve Bank of India (RBI)has issued draft guidelines proposing the removal of foreclosure charges on floating-rate loans for retail and MSME borrowers, including loans granted to individual borrowers for business purposes.
- The Reserve Bank of India (RBI)imposed monetary penalties on Citibank, Asirvad Micro Finance, and JM Financial Home Loans for violating regulatory norms.
- LTIMindtree gained 2.85%, reaching ₹5,634.15, after announcing a strategic collaboration with Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., to enhance customer experience and improve banking operations for Eurobank and its subsidiaries.
- The Reserve Bank of India (RBI)will conduct a three-year dollar-rupee buy-sell swap auction worth $10 billion (approximately ₹87,000 crores) on February 28, 2025 to inject liquidity into the banking system.
- Mirae Asset Sharekhan,a leading financial services platform, has entered the life insurance distribution sector through strategic partnerships with ICICI Prudential Life Insurance and HDFC Life.
- Razorpay,India’s leading omnichannel payments and business banking platform, has introduced 4 major innovations at its annual flagship event, FTX 2025, framing a new era of AI-driven financial solutions designed to empower startups, e-commerce brands, and enterprises with frictionless financial solutions and secure, AI-powered experiences.
- Punjab National Bank(PNB) has signed a Memorandum of Understanding (MoU) with the Indo-Tibetan Border Police (ITBP), framing a strategic partnership to provide exclusive financial benefits and insurance coverage for ITBP personnel, pensioners, and their families.
- The Association of Mutual Funds in India (AMFI) has launched three strategic initiatives—Chhoti SIP, Tarun Yojana, and MITRA—aimed at enhancing financial inclusion, promoting investor awareness, and facilitating the retrieval of forgotten investments.
- The government has asked private insurers to increase the free-look period from one month to a year.
- Bima Vahak’s portal is ready for soft launch in April 2025: Insurance Regulatory and Development Authority of India (IRDAI)
- Paytm Solar Soundboxis an eco-friendly solution that harnesses a low-cost alternative energy source, enabling merchants in rural, remote, and electricity-deprived areas to seamlessly integrate into the digital ecosystem.
- The Securities and Exchange Board of India (SEBI) proposes allowing Angel Fundsto onboard a larger pool of experienced investors without breaching the private placement cap.
- The Reserve Bank of Indialaunched Financial Literacy Week (FLW) 2025. The event runs from February 24 to 28, 2025.
- Reserve Bank of Indiahas revised prudential norms for Urban Co-operative Banks (UCBs) to increase operational flexibility.The Reserve Bank of India (RBI) reported that corporate profits grew by 15.3% in FY24, despite slower sales growth of 5.5%, primarily due to cost rationalisation.
- The Reserve Bank of India (RBI)has reversed its decision to increase risk weights for bank loans to Non Banking Financial Companies, effective April 1, 2025.
- IndusInd Bankhas partnered with the Professional Golf Tour of India (PGTI) as its official Banking Partner, reinforcing its commitment to providing a premium experience to Ultra High Net Worth Individuals (UHNIs) & High Net Worth Individuals (HNIs) under its PIONEER banking
- Apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India, The Small Industries Development Bank of India (SIDBI)and Tata Capital Limited (TCL) have signed an MoU for a “Partnership for financing MSMEs,” aiming to enhance funding opportunities for the Micro, Small, and Medium Enterprise (MSME) sector.
- South Indian Bank (SIB)has introduced “SIB QUICKPL”, a digital personal loan platform designed for new customers, making personal financing faster and more accessible.
- YES BANKhas once again demonstrated its leadership in sustainability, emerging as India’s highest-rated bank in the S&P Global Corporate Sustainability Assessment (CSA) 2024 and the Carbon Disclosure Project (CDP) for the 3rd consecutive year.
- The Department of Investment and Public Asset Management (DIPAM)has invited bids from merchant bankers to facilitate the government’s proposed stake sale in public sector banks (PSBs) and listed public financial institutions (PFIs).
- The Securities and Exchange Board of India (SEBI)has imposed a penalty of ₹5.05 crore on Indian Clearing Corporation (ICCL), a wholly owned subsidiary of BSE, for alleged violations related to cybersecurity and system audit norms.
- Go Digit General Insurance Limited (Digit Insurance)has partnered with Dastur Reinsurance Brokers (KMD) to introduce one of India’s first AQI-based parametric insurance policies for migrant construction workers in Delhi NCR.
CURRENT AFFAIRS: AWARDS AND HONOUR
- The Nagaland Forest Management Project (NFMP)has been recognized with the prestigious SKOCH Award 2024, honoring its outstanding contributions to national development.
- Renowned wildlife conservationist Purnima Devi Barmanhas been featured in TIME Magazine’s Women of the Year 2025 list, recognizing extraordinary leaders shaping a more equitable and sustainable world.
- Manohar International Airport (GOX), operated by GMR Goa International Airport Ltd. (GGIAL), has become the first Indian airportto win the ‘Sarvashrestha Suraksha Puraskar (Golden Trophy)’ at the NSCI Safety Awards 2024 in the ‘Service Sector’ category.
- Sunil Bharti Mittal, founder and chairman of Bharti Enterprises, has been awarded an Honorary Knighthood (KBE)for his remarkable contributions to India-UK business relations.
- The 31st Screen Actors Guild (SAG) Awardsdelivered major surprises, with the papal thriller Conclave winning Best Ensemble Cast, the night’s top honor.
- The 9th edition of the IIMC Alumni Association Awardswas held in New Delhi, celebrating excellence in journalism, public service, and media.
- The Ministry of Ayushhas honoured three distinguished Ayurveda practitioners with the National Dhanwantari Ayurveda Awards 2025 for their exceptional contributions to Indian traditional medicine.
- The 31st Screen Actors Guild (SAG) Awardstook place on February 23, 2025, at the Shrine Auditorium & Expo Hall, Los Angeles.
CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS
- Professor Sabyasachi Karhas been appointed as the Director of the Institute of Economic Growth (IEG), New Delhi, effective February 6, 2025.
- The government has extended the tenure of Chief Economic Adviser (CEA) V Anantha Nageswaranby more than two years until March 31, 2027.
- Kotak Mahindra Bankhas announced senior-level appointments, with Vyomesh Kapasi moving to head products in the consumer bank.
- The central government has extended NITI Aayog CEO BVR Subrahmanyam’s term by a year, beyond February 24, 2025, or until further orders.
- Newly appointed FBI Director Kash Patelis set to also lead the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) as its acting director.
- Former Governor of the Reserve Bank of India (RBI) Shaktikanta Dashas been appointed Principal Secretary II to Prime Minister Narendra Modi,according to a notification issued by the Secretariat of the Appointments Committee of the Cabinet.
- Friedrich Merz, leader of Germany’s Christian Democratic Union (CDU), is set to become the country’s next chancellorafter his party won the national election on February 23, 2025.
- The Indian government has reconstituted the Atomic Energy Commission (AEC),incorporating key officials into its leadership.
- Nidhi Khare,a 1992-batch Indian Administrative Service (IAS) officer from the Jharkhand cadre, has been assigned the additional role of Secretary for the Ministry of New and Renewable Energy (MNRE) as of January 14, 2025.
- Hein Schumacheris stepping down as Chief Executive Officer (CEO) and Board Director on March 1, 2025, and will officially leave Unilever on May 31, 2025.
- Natarajan Chandrasekaran, Chairman of Tata Sons, has been appointed as the Chairman of the Ratan Tata Endowment Foundation (RTEF).
- Dorababu Dapartihas been appointed as Deputy Chief Executive Officer (CEO) of SBI Life Insurance, with effect from 24 February 2025.
- Delhi Chief Minister Rekha Guptawelcomed well-wishers at her residence on February 27, 2025, ahead of proposing BJP MLA Mohan Singh Bisht for the Deputy Speaker post in the Delhi Assembly.
CURRENT AFFAIRS: MOUS AND AGREEMENT
- Tata Powerhas announced a strategic partnership with Amazon Web Services (AWS) to modernize its digital infrastructure and accelerate India’s transition toward a sustainable energy ecosystem.
- Hindustan Aeronautics Limited (HAL)and the Defence Institute of Advanced Technology (DIAT) have joined forces to drive cutting-edge advancements in aerospace technology.
- Bisleri Internationalhas signed a Memorandum of Understanding (MoU) with the Archaeological Survey of India (ASI) under the ‘Adopt a Heritage 2.0 Programme’ to restore and conserve historic water bodies at heritage sites across India.
- In a major step towards developing indigenous hardware for 6G telecommunications, the Centre for Development of Telematics (C-DOT)has signed an agreement with IIT Delhi to develop “Building Blocks for THz Communication Front Ends”.
- The Centre for Development of Telematics (C-DOT)has signed an agreement with IIT Bombay to develop an “Optical Transceiver Chipset for High-Bandwidth 6G Wireless Links”.
- The Ministry of Electronics & Information Technology (MeitY), in collaboration with the Data Security Council of India (DSCI), has launched the second edition of the Cyber Security Grand Challenge (CSGC 2.0).
- The Comptroller and Auditor General of India (CAG)and the Indian Institute of Technology Madras (IIT Madras) have signed a Memorandum of Understanding (MoU) to enhance audit skills, leverage AI & ML for sustainable auditing, and improve data analysis capabilities.
- In a strategic move to shift from B2C to B2B for tribal marketing, the Tribal Cooperative Marketing Development Federation of India Ltd (TRIFED), under the Ministry of Tribal Affairs, has partnered with NIFT (National Institute of Fashion Technology) and HPMC (Himachal Pradesh Horticulture Produce Marketing and Processing Corporation Ltd).
- The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, has signed a Memorandum of Understanding (MoU) with Paytm (One97 Communications Limited)to drive innovation and accelerate the growth of manufacturing and fintech startups in India.
- Indiaand the European Union (EU) are set to assess progress on their ongoing negotiations for a comprehensive free trade agreement (FTA) while shaping a new strategic agenda.
CURRENT AFFAIRS: RANKING AND INDEX
- Reliance Industries Limited(RIL) has made history by securing the 2 position in the FutureBrand Index 2024, surpassing Apple, Nike, and Microsoft.
- A recent Lancet studybased on the Global Burden of Diseases, Injuries, and Risk Factors Study (GBD) 2021 reveals a 30% decline in India’s suicide death rate from 1990 to 2021.
CURRENT AFFAIRS: ACQUISITION AND MERGERS
- ONGC NTPC Green Private Limited (ONGPL) acquires Ayana Renewable Powerfor INR 195B ($2.3B), marking its first strategic acquisition.
- money,backed by Flipkart, has acquired BharatX, a buy-now-pay-later (BNPL) fintech startup.
- The Competition Commission of India (CCI)has approved the merger includes Svatantra Holdings Pvt Ltd (SHPL), Svatantra Microfin Pvt Ltd (SMPL), Chaitanya India Fin Credit Pvt Ltd (CIFCPL), and Svatantra Micro Housing Finance Corporation Limited (SMHFCL).
- InCred Financehas acquired TruCap Finance’s gold loan business, marking its entry into the lucrative gold loan market.
CURRENT AFFAIRS: DEFENCE NEWS
- The Ministry of Defencesigned a ₹1,220.12 crore contract with Bharat Electronics Limited (BEL) for 149 Software Defined Radios for the Indian Coast Guard.
- The Ministry of Defencesigned contracts worth ₹697.35 crore with ACE Limited and JCB India Limited for procuring 1,868 Rough Terrain Fork Lift Trucks (RTFLT) for the Indian Army, Indian Air Force, and Indian Navy.
- The Indian Armyis undergoing significant modernization, with advanced systems like the AK-203 rifle and QRSAM
- The two-day coastal security exercise ‘Sagar Kavach’in West Bengal concluded on February 22, 2025 coordinated by the Coast Guard Region North East with the State Coastal Security Operation Centre (SCSOC) serving as the nerve center.
- The Ministry of Defencehas formed a high-level committee to address delays in Tejas Mk-1A deliveries to the Indian Air Force (IAF) under Defence Secretary Rajesh Kumar Singh
- The Defence Research & Development Organisation (DRDO)and the Indian Navy successfully conducted flight trials of the first-of-its-kind Naval Anti-Ship Missile (NASM-SR) on February 25, 2025, at the Integrated Test Range (ITR), Chandipur, Odisha
CURRENT AFFAIRS: SCIENCE & TECHNOLOGY
- The US space agency, the National Aeronautics and Space Administration (NASA), is preparing to launch its mission Moonon February 26, 2025.
- Chinasuccessfully launched the Zhongxing-10R satellite aboard a Long March 3B carrier rocket, strengthening its space-based communication capabilities.
- Bengaluru-based startup Pixxelhas successfully launched three high-resolution commercial hyperspectral satellites, part of its ‘Firefly’ constellation, from the Vandenberg Space Force Base in California.
- Hyderabad-based start-up XDLINX Spacelabsis set to launch its ELEVATION-1 technology demonstrator satellite on January 15, 2025 as part of SpaceX’s Transporter-12 mission.
- The Indian Navyhas handed over Ex INS Guldar, a Landing Ship Tank (Medium), to Maharashtra Tourism Development Corporation Limited (MTDC).
- Zydus Lifescienceshas launched VaxiFlu-4, India’s first quadrivalent influenza vaccine, providing protection against four virus strains based on WHO recommendations.
- The All India Institute of Medical Sciences (AIIMS) Delhiis set to launch India’s first Centre for Advanced Research on Addictive Behaviours (CAR-AB) to tackle internet and technology addiction among children and youth.
- National Aeronautics and Space Administration (NASA)is set to launch SPHEREx (Spectro-Photometer for the History of the Universe, Epoch of Reionization, and Ices Explorer) aboard a Falcon 9 rocket into low Earth orbit (LEO).
CURRENT AFFAIRS: APPS & PORTALS
- Central Depository Services (India) (CDSL) and National Securities Depository (NSDL)have introduced new features in their investor apps:
- MyEasi (CDSL)
- SPEED-e (NSDL)
CURRENT AFFAIRS: SPORTS
- Indian pacer Mohammed Shamihas cemented his place in cricket history by becoming the fastest Indian to reach 200 ODI wickets during the India vs Bangladesh clash in the ICC Champions Trophy 2025 in Dubai.
- Indian cricket captain Rohit Sharmaachieved a historic milestone by becoming the second fastest batsman to reach 11,000 runs in One-Day Internationals (ODIs).
- In a remarkable display of cognitive brilliance, 20-year-old Vishvaa Rajakumar from Indiahas been crowned the winner of the Memory League World Championship 2025, as reported by The New York Times.
- Indian cricket star Virat Kohlihas surpassed Sachin Tendulkar’s record to become the fastest batsman to reach 14,000 runs in international cricket.
- Indian squash legend Saurav Ghosalhas made a stunning return to competitive squash, clinching the Octane Sydney Classic title.
- Mohun Bagan Super Giantmade history by securing their second consecutive Indian Super League (ISL) Winners Shield with a dramatic 1-0 victory over Odisha FC at Salt Lake Stadium, Kolkata.
- India’s ace cueist, Pankaj Advani, secured the 2025 Asian Snooker Championship (Men’s Title)by defeating Amir Sarkosh of Iran in the final.
- The Indian Olympic Association (IOA)has set up a five-member ad-hoc committee to oversee the Boxing Federation of India (BFI) after it failed to conduct elections within the prescribed timeline.
CURRENT AFFAIRS: OBITUARIES
- Guru Mayadhar Raut,a pioneering figure in Odissi dance, passed away at 94 in Delhi on February 22.
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