Important Weekly Current Affairs 2025 News - March 01st to 07th

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

Weekly Current Affairs March 01st to 07th PDF Download

CURRENT AFFAIRS: IMPORTANT DAYS

  • Observed annually on March 1, Zero Discrimination Day promotes equality, dignity, and inclusion for all individuals
  • World Civil Defence Day 2025 is celebrated every year on March 1st, 2025
  • World Seagrass Day is observed annually on March 1 to highlight the ecological importance of seagrass and promote conservation efforts.
  • World Hearing Day is announced to be celebrated on March 3rd, 2025.
  • World Wildlife Day 2025 is celebrated on March 3rd, 2025.
  • National Safety Day 2025 is celebrated on March 4th, 2025
  • Every year on March 5, the world observes International Disarmament and Non-Proliferation Awareness Day to promote global awareness and understanding of disarmament issues, particularly among the youth.

CURRENT AFFAIRS: NATIONAL NEWS

  • Union Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, announced key reforms to modernize India’s maritime infrastructure and strengthen its role in global trade
  • The Ministry of Electronics and Information Technology (MeitY)has launched the Aadhaar Good Governance Portal to simplify and expedite the approval process for Aadhaar authentication requests
  • Union Minister for Civil Aviation, Shri Ram Mohan Naidu,inaugurated the UDAN Yatri Café at Chennai Airport, marking the second such facility under this initiative
  • The Animal Welfare Board of India (AWBI), a statutory body under the Department of Animal Husbandry and Dairying, organized the Prani Mitra and Jeev Daya Award Ceremony, at Vigyan Bhawan, New Delhi
  • The Central Sector Scheme for Formation and Promotion of 10,000 Farmer Producer Organizations (FPOs)was launched by Prime Minister Narendra Modi on February 29, 2020, with a budget of ₹6,865 crore till 2027-28
  • The Union governmentis considering a reduction in the share of central tax revenues allocated to states, lowering it from the current 41% to at least 40%.
  • The Indira Gandhi National Centre for the Arts (IGNCA), under the Ministry of Culture, in collaboration with the Satyarthi Movement for Global Compassion, organized a literary discussionon Diyaslai, the autobiography of Nobel Peace Prize laureate Kailash Satyarthi
  • The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO), in its meeting held, recommended that the current annual interest rate of 8.25% on provident fund deposits be retainedfor the financial year 2024-25
  • The Index of Eight Core Industries (ICI)is a key economic indicator that tracks the performance of eight fundamental sectors of the Indian economy. These industries significantly influence the Index of Industrial Production (IIP), making their growth an important marker of economic health
  • An India-European Union (EU) —An India-European Union (EU) Meeting on Science and technologyof the Principal Scientific Adviser to the Government of India, Vigyan Bhawan Annexe
  • In a significant step towards enhancing India’s maritime infrastructure, the Union Ministry of Ports, Shipping, and Waterways (MoPSW)has introduced transformative initiatives aimed at modernizing ports, boosting global trade, and promoting sustainability.
  • The Union Governmenthas released funds under the Fifteenth Finance Commission (XV FC) Grants for Rural Local Bodies (RLBs) in West Bengal for the Financial Year 2024–25
  • The National Human Rights Commission (NHRC), India, in collaboration with the Union Ministry of External Affairs (MEA), is conducting a six-day Executive Capacity Building Programmeunder the Indian Technical and Economic Cooperation (ITEC) initiative
  • Indiahas taken a major step towards global peace and harmony with the inauguration of its first World Peace Center in Gurugram, Haryana
  • India paid USD 32.895 millionto the UN Regular Budget, securing a place on the UN Honour Roll.
  • Union Minister for New and Renewable Energy, Shri Pralhad Joshi, reaffirmed India’s commitmentto becoming a global leader in green hydrogen production and utilization
  • India has launchedthe Cities Coalition for Circularity (C-3) on March 3, 2025, marking a major step towards sustainable urban development
  • Prime Minister Narendra Modirecently inaugurated Vantara, an advanced animal rescue, conservation, and rehabilitation center in Jamnagar, Gujarat
  • India’s first-evercomprehensive river dolphin population survey (2021–2023) has recorded a total of 6,327 river dolphins, covering the Ganga and Brahmaputra river basins and the Beas river
  • India’s circular economyis projected to generate over $2 trillion in market value and create 10 million jobs by 2050, according to Union Minister Bhupender Yadav
  • The Ministry of Panchayati Rajis set to launch the Model Women-Friendly Gram Panchayats (MWFGP) initiative at a National Convention on March 5, 2025, at Vigyan Bhawan, New Delhi
  • NITI Aayoghas released a significant report titled “From Borrowers to Builders: Women’s Role in India’s Financial Growth Story”
  • The Union cabinet, led by Prime Minister Narendra Modi, has approved the construction of ropeways at Kedarnath and Hemkund SahibUttarakhand with a total budget of ₹6,811 crore.
  • Hon’ble Chief Minister of Kerala, Shri Pinarayi Vijayan, inaugurated the Advanced Cybersecurity Operations Centre (SOC)for the Kerala Police Cyber Division via video conferencing.
  • The Supreme Court has ruled that the right against disability-based discriminationmust be considered a fundamental right, reinforcing the constitutional principles of equality and non-discrimination.
  • On March 5, 2025President of India, Smt. Droupadi Murmu, inaugurated the second editionof Vividhta Ka Amrit Mahotsav at Rashtrapati Bhavan, New Delhi.

CURRENT AFFAIRS: INTERNATIONAL

  • The Indian government has granted approximately USD 1 million to Lao People’s Democratic Republic (Lao PDR) under the India-UN Development Partnership Fund.
  • Nepal’s Parliament passed the Electronic Commerce Bill,giving confidence to consumers and creating a legal framework for regulating the country’s online trade.
  • US President Donald Trumphas announced the implementation of reciprocal tariffs, set to take effect on April 2, reinforcing his administration’s stance on trade policy and criticizing the European Union, China, Brazil, India, and South Korea for imposing high tariffs on US goods.
  • delegation from the Japan-India Business Cooperation Committee, comprising 17 membersand led by Chairman Tatsuo Yasunaga, called on Prime Minister Narendra Modi.

CURRENT AFFAIRS: STATE

  • In a recent update of events and through the source Rajasthan Patrika, it has been announced that the name of Foy lake which is a 132 yearsold constructed by the British government has now changed and will be named Varun Sagar.
  • The Chhattisgarh government presented a ₹1,65,000 crorebudget for the fiscal 2025-26, proposing substantial funding for welfare schemes related to women, food security, while allocating ₹10,000 crore for boosting farm prosperity.
  • The Nitish Kumar governmentin Bihar tabled the ₹3.17 trillion Budget for 2025-26, focusing on women-centric schemes and job creation.
  • Finance Minister Radha Krishna Kishore tabled the annual Budget of Rs 1, 45,400 crore for FY 2025-26 in the Jharkhand Assembly, an up of about 13 per cent than last year.
  • The Mizoram governmenthas introduced the Special Voluntary Retirement Scheme across the state.
  • On March 4, 2025, the Kerala Legislative Assembly unanimously passed a resolution urging the central government to withdraw the 2023 amendment tothe Offshore Areas Mineral Development and Regulation Act, 2002, which permits private participation in deep-sea mineral exploration and mining.
  • The West Bengal governmentis planning to leverage AI in its flagship Kanyashree program aimed at reducing drop outs among girls in schools.
  • The Assam state cabinethas decided to name the upcoming Electronics City in Jagiroad as Ratan Tata Electronic City, recognizing Ratan Tata’s contributions to the state’s development.

CURRENT AFFAIRS: BANKING & FINANCE

  • All-India House Price Index (HPI) increased 3.1% in the third quarter of 2024-25 as compared to 4.3% growth in the preceding three months and 3.8% growth in the year-ago period, according to data released by the Reserve Bank of India (RBI).
  • Paytmhas partnered with Perplexity to integrate AI-powered search into its app.
  • YES BANK, India’s 6th-largest private sector bank, in collaboration with World Trade Center (WTC) Mumbai, hosted the Export Conclave 2025at YES BANK House.
  • Bank of Barodahas received the ISO 22301:2019 Business Continuity Management System (BCMS) certification from the British Standards Institution (BSI).
  • The Employees’ Provident Fund Organisation (EPFO)has retained the interest rate on employees’ provident fund (EPF) deposits at 8.25% for 2024-25.
  • The Asian Development Bank (ADB)has approved a $200 million loan to support the development of climate- and disaster-resilient sewerage and drainage infrastructure in Kolkata, West Bengal.
  • Bank of Baroda (BoB)has launched a pilot Loyalty/Cashback Programme for merchants, leveraging the programmability of the Central Bank Digital Currency (CBDC).
  • Securities and Exchange Board of India (SEBI)has launched a centralised database portal for corporate bonds called Bond Central to provide a single, authentic source of information on corporate securities.
  • The Reserve Bank of Indiahas released the “Regulations at a Glance” handbook, compiled by the Department of Regulation (DoR), to provide a broad overview of the regulatory landscape across various activities and entities.
  • The Bank of Japan,acting as agent for the Minister of Finance of Japan, and the Reserve Bank of India signed the second Amendment and Restatement Agreement of the Bilateral Swap Arrangement (BSA).
  • Reserve Bank of Indiaimposed a penalty of ₹66.60 lakh on HSBC and ₹33.10 lakh on IIFL Samasta Finance.
  • WhatsAppis working on integrating UPI Lite to enhance its payment system.
  • Rupee112, a Gurgaon-based fintech startup, has launched India’s first fully automated loan disbursal service viaWhatsApp.
  • UPI transactionsin January 2025 surpassed 16.99 billion, with a total transaction value exceeding Rs 23.48 lakh crore, marking the highest number recorded in any month, according to the Finance Ministry
  • TheReserve Bank of India (RBI) introduced a $10 billion dollar-rupee buy-sell swap on February 21, 2025, to inject rupee liquidity for a longer duration.
  • City Union Bank (CUB), ahead of the Indian Premier League (IPL)season, has partnered with Chennai Super Kings (CSK) to introduce a co-branded credit card designed for cricket enthusiasts.
  • The Reserve Bank of India (RBI)has kept the window open for the exchange and deposit of ₹2,000 notes, with an impressive 98.18% of the total value already returned to the banking system.
  • ICICI Prudential Life Insurancehas introduced ‘ICICI Pru GIFT Select’, a long-term savings product that offers guaranteed immediate income for liquidity.
  • Poonawalla Fincorp, a Cyrus Poonawalla GroupNBFC focused on Consumer & MSME Lending, has launched PL Prime Digital 24×7, an industry-first fully digital personal loan for salaried professionals.
  • Paytm has partnered with RBL Bank to boost digital payment adoption among the bank’s merchant partners.
  • India’s economic growth is likely to be steady at 6.5%in FY26, CRISIL (Credit Rating Information Services of India Limited) stated in a report
  • Canara Crest is an exclusive premium banking membership programdesigned to provide a combination of personalized banking services and luxury lifestyle benefits.
  • The Reserve Bank of India (RBI)may have to inject additional ₹1 lakh crore into the banking system by March 2025 to maintain liquidity at an equilibrium level, according to a report by the State Bank of India (SBI) research.
  • Paytm, operated by One 97 Communications, has unveiled a new feature that allows brokerage applicationsto block funds directly in users’ bank accounts through its Unified Payments Interface (UPI) service.
  • In a bid to inject liquidity into the banking system, the Reserve Bank of India (RBI) announced on March 5th2025, that it will conduct open market purchases of government securities and USD/INR swaps, amounting to approximately Rs 1.9 lakh crore in March 2025.
  • PhonePe launched its ‘insuring HEROES’campaign ahead of the International Women’s Day.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

  • Tuhin Kanta Pandeyhas been appointed as the new Chairman of the Securities and Exchange Board of India (SEBI) for a three-year term, following approval from the Appointments Committee of the Cabinet.
  • Masato Kanda assumed office as the 11th President of the Asian Development Bank (ADB) on February 24, 2025.
  • Ajay SethDEA Secretary, has been given additional chargeas Revenue Secretary following Tuhin Kanta Pandey’s appointment as Securities and Exchange Board of India’s Chairperson.
  • Manan Kumar MishraSenior Advocateof the Supreme Court of India and Rajya Sabha MP, has been re-elected unopposed as the Chairman of the Bar Council of India (BCI) for a historic 7th consecutive term.
  • Yamandu Orsiwas sworn in as Uruguay’s president on March 1, 2025, for a five-year term.
  • RBL Bankhas appointed Narendra Agrawal as President & Head of Branch Banking and Retail Liabilities and T S Pari as Chief Operations Officer (COO).
  • Rikant Pittie,CEO & Co-founder of EaseMyTrip, has been appointed as Chairman of the Confederation of Indian Industry (CII) Delhi State for 2025-26.
  • Tyre major MRFhas signed on cricketer Shubman Gill, Team India’s Vice Captain in the ICC Champions Cup, as its brand ambassador.
  • Eyal Zamirbecomes Israel’s new armed forces chief.
  • Dr Ajit Ratnakar Joshi has been appointed as Executive Director (ED) of the RBI, effective March 3, 2025.
  • Shri Ajay Bhadoo has been appointed as the Chief Executive Officer (CEO) of Government e Marketplace (GeM), effective March 3, 2025.

CURRENT AFFAIRS: ACQUISITION & MERGERS

  • Mintoak, a PayPal-backed fintech startup, has acquired Digiledgein a deal valued at approximately $3.5 million, marking the first acquisition in India’s central bank digital currency (CBDC) space.
  • Jio Financial Services Limited (JFSL)has announced the acquisition of the remaining stake in Jio Payments Bank Limited (JPBL), making it a wholly owned subsidiary.

CURRENT AFFAIRS: DEFENCE

  • The Indian Armyhas signed a contract with Larsen & Toubro (L&T) on February 25, 2025, to procure 223 Automatic Chemical Agent Detection and Alarm (ACADA) systems at a cost of ₹80.43 crore under the Buy Indian (Indigenously Designed, Developed, and Manufactured – IDDM)
  • Defence Minister Rajnath Singhdiscussed the possibility of defence engagements in the Indo-Pacific with Princess Astrid of Belgium and Defence Minister Theo Francken.
  • Defence Secretary Shri Rajesh Kumar Singhpresented the report of the Empowered Committee for Capability Enhancement of the Indian Air Force (IAF) to Raksha Mantri Shri Rajnath Singh in New Delhi on March 03, 2025.
  • Towards strengthening maritime ties, INS Kuthar,Eastern Fleet Ship under the aegis of Eastern Naval Command is on mission deployment in the Indian Ocean Region and arrived at Colombo, Sri Lanka.
  • The Defence Bio-Engineering & Electro Medical Laboratory (DEBEL), a Bengaluru-basedlab under the Defence Research and Development Organisation (DRDO), successfully conducted high-altitude trials of the Indigenous On-Board Oxygen Generating System (OBOGS)-based Integrated Life Support System (ILSS) for the LCA Tejas aircraft on March 4, 2025.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

  • Amazon Web Services (AWS)has unveiled Ocelot, the company’s first-generation quantum computing chip.
  • Firefly Aerospace, a US-based private space company, successfully landed its Blue Ghostspacecraft on the moon for a two-week research mission.
  • NASA’s IM-2 mission, launched February 26, 2025, is a 10-daylunar expedition targeting the south pole’s Mons Mouton to mine water ice and rare minerals.
  • The Indian National Centre for Ocean Information Services (INCOIS), an autonomous body under the Ministry of Earth Sciences (MoES), will launch two new services to mark its 26th Foundation Day
  • The World Health Organization (WHO)has congratulated Guinea for eliminating the gambiense form of human African trypanosomiasis (HAT) as a public health problem

CURRENT AFFAIRS: BUSINESS

  • The global economy is projected to grow at a steady 3% in 2025 and 2026, according to the International Monetary Fund (IMF).
  • The Goods and Services Tax (GST) collectionsfor February 2025 recorded a 1% year-on-year (YoY) growth, reaching approximately ₹1.84 lakh crore

CURRENT AFFAIRS: AWARDS & HONOURS

  • The 97th Academy Awardstook place at the Dolby Theatre, Los Angeles, hosted by Conan O’Brien, celebrating the best of global cinema.
  • The Forbes India Leadership Awards (FILA) 2025 concluded with a grand ceremony at the Jio World Convention Centre in Mumbai, celebrating India’s corporate and entrepreneurial leaders
  • Zerodha Founder & CEO Nithin Kamathhas been named the EY Entrepreneur Of The Year (EOY) 2024 for his groundbreaking work in revolutionizing India’s brokerage industry with a low-margin, high-volume model.

CURRENT AFFAIRS: ENVIRONMENT

  • The world’s largest iceberg, A23a, which calved in 1986 and remained grounded for over 30 years, broke free in 2020 and is now 73 km from South Georgia Island as of March 1st.

CURRENT AFFAIRS: MOUs & AGREEMENTS

  • NPST, an Indian fintech firm, has partnered with Hyperface to offer embedded credit lines through UPI for banks and credit issuers.
  • The Confederation of Indian Industry (CII) Indian Green Building Council (IGBC)and Indian Overseas Bank (IOB) signed an MoU to offer accessible financing for IGBC-certified green buildings.
  • Magma General Insurance Limitedhas partnered with Hyundai India Insurance Broking Private Limited (HIIB) to distribute motor insurance products.
  • The Indian Institute of Foreign Trade (IIFT)has signed a Memorandum of Understanding (MoU) with APEC – Antwerp/Flanders Port Training Center, Belgium, marking a significant step toward advancing academic collaboration in international trade, logistics, and supply chain management
  • The Government of Indiaand the Government of Nepal have signed a Memorandum of Understanding (MoU) to enhance cooperation in the Water, Sanitation, and Hygiene (WASH) sector, including waste management

CURRENT AFFAIRS: SPORTS

  • During the ICC Champions Trophy match against New Zealand in DubaiVirat Kohli became the seventh Indian and 22nd player in the world to play 300 One Day Internationals (ODIs).
  • Jay Shah, Chairman of the International Cricket Council (ICC), has been awarded the prestigious Icon of Excellence Awardat the 14th Edition of the Forbes India Leadership Awards (FILA) 2025 for his outstanding contributions to cricket administration and global expansion of the sport
  • The Khelo India Winter Games (KIWG) 2025 will take place in Gulmarg, Jammu and Kashmir, from March 9 to 12
  • Vidarbha secured their third Ranji Trophy title in seven seasons, emerging victorious in the 2024-25 final against Kerala in Nagpur
  • The Bengaluru Open 2025 ATP 125 Challenger witnessed high-intensity tennis action, culminating in an electrifying singles title victory for Brandon Holt (USA) over Shintaro Mochizuki (Japan) at the KSLTA Tennis Stadium, Bengaluru.
  • Australian cricketing legend Steve Smith has announced his retirement from One-Day Internationals (ODIs), ending an illustrious career in the 50-over format
  • Indian Grandmaster Pa Iniyanclinched the Cannes International Open title, defeating compatriot V Pranesh in the ninth and final round in Cannes, France.
  • India’s legendary table tennis player Achanta Sharath Kamal has officially announced his retirement.
  • Indian cricketer Virat Kohli has moved up to the 4 spot in the ICC ODI rankings for batters after his match-winning knock against Australia in the ICC Champions Trophy semi-final in Dubai.

CURRENT AFFAIRS: OBITUARY

  • Boris Spassky, the tenth World Chess Champion, has passed away at the age of 88.
  • Oldest Test Cricketer Ron Draper Passed Away at 98
  • Renowned artist Himmat Shahdied at Jaipur’s Shalby Hospital after suffering a heart attack on March 2nd, 2025
  • Padmakar Shivalkar, the legendary left-arm spinner, passed away in Mumbaiat the age of 84.
  • Ron Draper, the oldest living Test cricketer, has passed away in Gqeberha at the age of 98 years.
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