The global defence expenditure has witnessed a significant surge in 2024, reaching $2.46 trillion, as per a recent report by the International Institute of Strategic Studies (IISS). This marks an increase from $2.24 trillion in 2023, with the average defence spending rising to 1.9% of the global GDP. This growth is primarily driven by increasing …
The Reserve Bank of India (RBI) has announced a $10 billion foreign exchange (forex) swap to inject liquidity into the banking system and address the prevailing cash crunch. The three-year swap auction is scheduled for February 28, 2025. This move follows a previous $5 billion forex swap last month, highlighting the central bank’s commitment to …
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Renowned Odissi maestro Mayadhar Raut, often referred to as the “Father of Odissi dance,” passed away on February 22, 2025, at the age of 92 in his Delhi home. His family confirmed that he died peacefully due to old age. A Padma Shri awardee, Raut was instrumental in the revival and codification of Odissi dance …
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Prime Minister Narendra Modi introduced the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) in 2019, a crucial financial assistance scheme for India’s farmers. Under the PM Kisan Yojana, small and marginal farmers receive direct income support of Rs 6,000 annually in three installments of Rs 2,000 each. The PM Kisan 19th installment date 2025 has been …
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Prime Minister Narendra Modi inaugurated the Global Investors Summit 2025 in Bhopal, unveiling 18 new industrial policies aimed at transforming Madhya Pradesh into an investment hub. The event saw participation from leading industrialists and global investors, with a strong emphasis on India’s role in global supply chains, particularly in aerospace. PM Modi highlighted India’s rapid …
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The Securities and Exchange Board of India (SEBI) has imposed a fine of ₹10 lakh on Axis Securities for multiple violations of stockbroker regulations. The regulatory action follows an inspection covering the period from April 2021 to November 2022. SEBI found several lapses in compliance, including misreporting, improper handling of client funds, and failure to …
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Indian squash legend Saurav Ghosal has marked a sensational return from retirement by clinching the Octane Sydney Classic title. The former World No. 10 had retired from the Professional Squash Association (PSA) Tour in April 2023 but continued to express his desire to represent India. On January 1, 2025, he rejoined the PSA Tour, keeping …
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Bharti Enterprises founder and chairman, Sunil Bharti Mittal, has been awarded an Honorary Knighthood (KBE) for his contributions to strengthening India-UK business relations. Mittal received the Knight Commander of the Most Excellent Order of the British Empire (KBE) at a special investiture ceremony at the British High Commissioner’s residence in New Delhi. This honor was …
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The Reserve Bank of India (RBI) has imposed monetary penalties on Citibank N.A., Asirvad Micro Finance, and JM Financial Home Loans for failing to comply with key regulatory norms. According to the central bank, these financial institutions were found violating guidelines related to large exposures, credit information reporting, and disclosure requirements. The penalties were issued …
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The Indian Coast Guard (ICG) successfully conducted the ‘Sagar Kavach’ security exercise along the 158 km West Bengal coastline on February 21-22, 2025. This two-day operation aimed to test and enhance the coastal security mechanism by involving multiple agencies in tackling simulated threats. The exercise focused on refining Standard Operating Procedures (SOPs) and strengthening inter-agency …
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Welcome to the Current Affairs Section of Adda247. If you are preparing for Government Job Exams, then it is very important for you to read the Daily Current Affairs. All the important updates based on current affairs are included in this Daily Current Affairs 2025 article.
