18 February, 2025
GK Update
Sat 15 Feb, 2025
NATIONAL NEWS
Mahakumbh in Prayagraj Sets World Record
- The Mahakumbh in Prayagraj has created history by becoming the first event in the world where more than 50 crore people are direct participants.
International Women’s Conference
- 10th International Women’s Conference was organised by the Art of Living at Bengaluru.
Kashi Tamil Sangamam 3.0
- The third edition of the Kashi Tamil Sangamam, organized by the Ministry of Education in collaboration with various ministries and the Government of Uttar Pradesh, commenced at Varanasi in Uttar Pradesh.
- Union Education Minister, Dharmendra Pradhan; Union Minister of State for Information and Broadcasting Dr. L. Murugan and Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the prestigious cultural event.
23rd Pune International Film Festival (PIFF)
- The 23rd Pune International Film Festival (PIFF) jointly organised by the Pune Film Foundation and the Maharashtra government, inaugurated at at the Ganesh Kala Krida Manch, Pune.
- ‘Celebrating the Showman’, is the theme of the festival which marks the birth centenary of veteran actor Raj Kapoor.
Examination of new Income Tax Bill 2025
- Lok Sabha Speaker Om Birla has constituted a 31-member Select Committee to examine the new Income Tax Bill. The panel will be headed by BJP MP Baijayant Panda.
Articles Related to Passing of Bills in the Indian Constitution
Article | Description |
Article 107 | introduction and passage of bills in Parliament |
Article 108 | Joint Sitting of both Houses |
Article 109 | special procedure for Money Bills |
Article 110 | Defines what constitutes a Money Bill |
Article 111 | Deals with the President’s assent to Bills |
Platinum Jubilee celebrations of BIT Mesra
- President Droupadi Murmu graced the Platinum Jubilee celebrations of Birla Institute of Technology BIT Mesra in Ranchi, Jharkhand.
Jharkhand
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STATE SPECIAL
Ayushman Bharat Vay Vandana Scheme
- Puducherry Lieutenant Governor K. Kailashnathan formally inaugurated Ayushman Bharat Vay Vandana Scheme officially launched in Puducherry.
About Scheme
Launched : 4th May, 2017
Implemented through: LIC (Life Insurance Corporation of India) |
Provides pension benefits to senior citizens (60 years & above) | Ministry: Ministry of Finance in collaboration with Ministry of Health & Family Welfare |
The Punjab Financial Assistance to Acid Victims Scheme, 2024
- Punjab government has made the “The Punjab Financial Assistance to Acid Victims Scheme, 2024” of financial assistance to Acid attack victims gender neutral and has also increased the monthly financial assistance to the victims from Rs. 8000 to Rs. 10,000.
Punjab
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Global Investors’ Meet: Invest Karnataka 2025
- The Karnataka government hosted four day “Global Investors’ Meet: Invest Karnataka 2025” in Bengaluru.
Karnataka
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INTERNATIONAL NEWS
Munich Security Conference
- The 61st Munich Security Conference (MSC) began at Munich in Germany, bringing together policymakers and experts to discuss pressing global security challenges.
- The External Affairs Minister Dr S Jaishankar participated in the Think Tank Ananta Aspen Session at MSC 2025. The theme of the session was Coming of Age: Evaluating Rising India’s Security Challenges.
Germany
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PM Modi meets Tulsi Gabbard
- The Prime Minister Narendra Modi met newly-appointed US Director of National Intelligence Tulsi Gabbard during his concluded visit to the United States and discussed various aspect of India-US friendship.
ECONOMY & BANKING
India’s Forex Reserves Surge
- According to the latest data released by the Reserve Bank of India (RBI), India’s foreign exchange reserves increased by over 7.65 billion dollars, reaching over 638.26 billion dollars in the week ending February 7.
Forex Reserves of India
Components: Comprises Foreign Currency Assets (FCA), Gold Reserves, Special Drawing Rights (SDRs), and Reserve Tranche Position (RTP) in the IMF | Authority Managing: Reserve Bank of India (RBI) manages India's Forex Reserves under Section 17(12) of the RBI Act, 1934 | Purpose & Importance: Used for stabilizing the rupee, managing trade deficits, supporting monetary policy, and ensuring economic stability |
BSNL registers profit
- The Government-owned Bharat Sanchar Nigam Limited (BSNL) has registered a profit of 262 crore rupees in the third quarter of 2024-25 for the first time in 17 years.
BSNL
Founded: 15 September 2000 | Headquarters: New Delhi | Chairman & MD: Robert Jerard Ravi |
Administrator for New India Cooperative Bank
- The Reserve Bank of India (RBI) has appointed Mr. Shreekant, former Chief General Manager of State Bank of India (SBI), as Administrator of New India Cooperative Bank Limited, Mumbai and superseded the bank’s Board of Directors for 12 months, citing poor governance.
RBI
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Bharat Tex 2025
- Bharat Tex 2025 inaugurated at Bharat Mandapam in New Delhi becomes World’s Biggest Textile Fair with 6,000 Foreign Buyers.
AWARDS & HONOURS
Sportstar Aces Awards 2025
- 2025 Sportstar Aces Awards held at the Taj Mahal Palace, Mumbai.
Award | Awardee |
Special Recognition Game Changer | Jay Shah |
Coach of the Year | Jaspal Rana |
Sportswoman of the Year (Para Sport) | Avani Lekhara |
Lifetime Achievement | Gurbux Singh and Mary D’Souza Sequeira |
Sportstar of the Year (Male) | P.R. Sreejesh |
National Team of the Year | The Indian men’s and women’s chess teams |
Sportstar of the Year (Female) | Manu Bhakar |
Club/State Team of the Year | Mumbai Cricket Team |
Pune International Film Festival (PIFF) Distinguished Award
- Veteran actress Shubha Khote was honoured with the PIFF Distinguished Award for her outstanding contribution to Indian cinema.
SD Burman International Award
- Kavita Krishnamurthy received the prestigious SD Burman International Award for creative music and sound.
ENVIRONMENT + SCIENCE & TECHNOLOGY
Climate Risk Index 2025
- India is ranked the 6th most affected country during 1993-2022 in the Climate Risk Index 2025 Published by Germanwatch.
- Assessment based on 3 hazard categories – hydrological, meteorological, and climatological.
Germanwatch
Founders: Michael Windfuhr, Klaus Milke | Founded: 1991 | HQ: Bonn and Berlin, Germany |
India Energy Week 2025
- Minister of Petroleum and Natural Gas Hardeep Singh Puri said that India Energy Week has established itself as the world’s second-largest energy platform.
- The next edition of India Energy Week is scheduled to take place in Goa.
Small Satellite Launch Vehicle (SSLV)
- Indian conglomerate Adani Group is a finalist, alongside two government-linked groups, to take over private production of India’s Small Satellite Launch Vehicle (SSLV).
- The SSLV, developed by the Indian Space Research Organisation (ISRO), is a low-cost vehicle capable of deploying satellites of up to 500 kg (1,100 pounds) into Low-Earth Orbit (LEO).
ISRO
Estb: 15 Aug 1969 | HQ: Bengaluru | Chairman: V Narayanan |
TOI-6038A b
- Scientists at Physical Research Laboratory (PRL), Ahmedabad discovered TOI-6038A b, a dense sub-Saturn size with a mass of 78.5 Earth masses and a radius of 6.41 Earth radii in a wide binary system using PARAS-2 Spectrograph at Mt Abu Telescope, Gurushikhar.
Sport News
Prize money for the 2025 Champions Trophy
- The International Cricket Council (ICC) has announced prize money for the 2025 Champions Trophy starting on February 19 in Pakistan.
- The winners will earn US 2.24 million dollar, while the runners-up will get US 1.12 million dollar. Losing semi-finalists will receive 560,000 dollar each.
International Cricket Council (ICC)
Estb: 1909 | HQ: Dubai, UAE | Chairman: Jay Shah |