Daily Current Affairs 17 February 2025
If we take a look at the Daily Current Affairs 17 February 2025 , we get evidence of important events in the country and abroad. This article will review the important events of February 17, 2025. So, let’s know the top 10 current affairs of today.
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| Daily Current Affairs 17 February 2025 |
1. Historic meeting between Prime Minister Modi and President Trump.
Bilateral talks were held today between US President Donald Trump and Indian Prime Minister Narendra Modi. The discussion mainly focused on the following issues:
- Defence cooperation: Discussions were held on improving the defence agreement between India and the US. Special attention was given to the purchase of modern weapons and transfer of defence technology.
- Trade relations: The US may give additional trade concessions to India to reduce the trade deficit.
- Anti-terrorism cooperation: India sought help from the US and other international powers to take tough action against terrorists in Pakistan.
- Energy agreement: India will sign a new agreement to import gas and oil from the US.
2. Concern over the financial status of Maharashtra
- Exemption from electricity bills
- Free health plan.
- A subsidy to farmers
However, experts feel that this will place a significant burden on Maharashtra’s finances. This may have a detrimental effect on the state’s revenue shortfall.
The Maharashtra government’s recently announced free plans have raised concerns about the state’s financial status. These schemes consist of the following:
3. New Entry into the Nationalist Congress Party.
Expelled Congress MLA Suresh Kumar Jaithalia plans to join the Nationalist Congress Party.
- Differences with Congress’ leadership: He joined the Nationalist Congress Party after disagreeing with the Congress leadership.
- Criminal Background Controversy: Suresh Kumar Jaithalia is facing 15 criminal charges, which has sparked controversy about his confession.
According to political commentators, this admission may be part of the preparations for the forthcoming assembly elections.
4. Dhananjaya Munde holds a respected standing inside the party.
Dhananjay Munde, a senior NCP leader, was charged with murdering Santosh Deshmukh. However, the party has assigned him an important post.
- Dhananjay Munde has been assigned a key position in the party’s election plan.
- Opposition: The BJP and Congress have vigorously opposed this move.
- This decision should become part of the NCP’s next election plan.
5. There is a recession in the stock market
Today, the Indian stock market closed sharply lower. The Sensex sank by 800 points and the Nifty by 200 points.
Reason:
- The Modi-Trump meeting’s economic plans have raised market concerns.
- Crude oil prices have risen on the worldwide market.
- Foreign investors have withdrawn a significant sum of money from the Indian market.
This downturn has had a particularly significant impact on the banking and information technology (IT) sectors.
6. Reserve Bank’s restrictions on co-operative banks in Mumbai
The Reserve Bank of India has blacklisted a Mumbai-based co-operative bank over allegations of financial irregularities.
- – Impact on account holders: Account holders would be unable to withdraw more than Rs 5,000 at once.
- – Allegations of financial misconduct: IS Bank breached Reserve Bank regulations.
This has caused fear among many depositors and increased congestion in bank branches.
7. Leopard’s entrance to the wedding ceremony
A leopard unexpectedly joined a wedding ceremony held in a banquet venue on the outskirts of Mumbai.
- – How did this happen?
- – The leopard arrived from the bush and entered the hall while strolling outdoors. Those present sought refuge in a safe spot. The forest department officials safely apprehended the leopard.
Such events are becoming more common in Mumbai and Thane, raising concerns about deforestation and the ecology.
8. New facility for digital loans in India
The Indian government has created a new digital lending service for rural citizens. People can use this service to take out loans online and better their financial situation.
- New Digital Platform: The government has launched a portal called “Digital Loan Facility” where consumers may examine their credit history and request for loans.
- Loans are easily accessible, and there are several possibilities available. The terms and costs of loans for rural and small enterprises have been simplified, making it easier for them to obtain financial help.
- Financial inclusion: It strives to improve financial inclusion, so that every person has access to financial services, especially in locations where traditional banking facilities are limited.
9. Good news for Shubman Gill from ICC.
The International Cricket Council (ICC) has issued good news to Indian cricketer Shubman Gill.
- – Awards for increased performance? Gill might win the “ICC Young Cricketer of the Year” title.
- – Major announcement before Champions Trophy: His inclusion on the Indian team for the upcoming Champions Trophy 2025 has been formally confirmed.
This is wonderful news for India’s cricket team.
10. Trump’s declaration that ‘BRICS’ is over
US President Donald Trump stated that “BRICS is over.” Brazil, Russia, India, China, and South Africa form the BRICS economic bloc.
- – Meaning of Trump’s statement:
- – America undervalues the BRICS group in the global economy. There are indications of a tough stance towards China and Russia.
This comment has caused widespread debate in world politics.
11. Next phase of India’s Chandrayaan-3 program.
The next stage of India’s Chandrayaan-3 project was successfully tested lately. The Chandrayaan-3 orbiter’s imaging of the lunar surface has opened up new possibilities for research.
- – Study of the moon’s invisible side: This mission will conduct a thorough investigation of the moon’s far side, which has never been explored by humans.
- – Transparency and future direction: India has improved the sophistication of its technology and equipment for the impending Chandrayaan and Mars missions.
12. Report of the National Committee on Climate Change
The Indian government has issued an important report on climate change, which examines the country’s environmental policy.
- Phased measures: Measures have been implemented across the country to reduce greenhouse gas emissions.
- New laws: The government will give severe guidelines to various companies to decrease carbon emissions.
13. A UN resolution has been passed against Russia.
The United Nations has issued a strong resolution condemning Russia’s invasion of Ukraine. This resolution asks for strong economic sanctions against Russia.
- – UN Action: This resolution has formal backing from 129 nations.
- – Russia’s response: Russia has rejected the UN decision, which has heightened tensions in international relations.
14. Increased tension on India-China border
Recent events concerning the India-China border issue have heightened military tensions. China has increased its military presence in the border area.
- – Military preparedness: The Indian Army has also deployed more troops to fortify its border.
- – From an international viewpoint, these tensions are likely to have an impact on Asia’s security situation, forcing countries such as the United States to reconsider their policies.
15. Social work through an organization called ‘Vivek’ in India.
An organization called ‘Vivek’ performs different social services for the underprivileged and orphaned children of society.
- School and health services: The foundation provides school supplies, education, and health care to underprivileged children.
- Comprehensive social change: The goal of this endeavor is to reach as many people as possible in society.
16. A new key name among India’s top ten smart cities
The Indian government has produced a list of the top ten smart cities, which includes a new city. This city is doing a fantastic job on smart city projects.
- – Use of modern technology: The city is increasingly relying on digital technology for infrastructure and public services.
- – Employment and development: The Smart City initiative has resulted in expanded job prospects.
17. Significant shifts in banking policy in India
The Reserve Bank of India has announced several significant policy adjustments for the banking sector.
- – My Banking Scheme: The ‘My Bank’ initiative will make loans more accessible to small borrowers and businesses.
- – Change in loan rates: The bank has decided to lower loan rates.
18. Reforms to India’s Health Policy
The Indian government has opted to implement extensive public health policy reforms, with a concentration on rural health facilities.
- – Increasing the number of health centers: A strategy has been developed to expand the number of health centers and clinics in rural communities.
- – Efficient disease control measures: Primary health care programs will be redesigned to combat major diseases.
19. World Economic Forum (WEF) 2025: Discussion of Indian Policies
The World Economic Forum 2025 featured an important discussion about India’s economic policy. In recent years, the Indian economy has been stable.
- – India’s Economic Outlook: The Indian economy’s rising global prominence, particularly in the digital industry.
- – Global Partnership: On the WEF platform, India committed its policies to global partners.
20. The consequences of India’s environmental crisis
Environmental crises in India are having a significant impact on citizens’ health. These include climate change, pollution, and the biodiversity issue.
- – Pollution control measures: The government has enacted strict legislation to reduce pollution.
- – Water resources and tree planting: Programmes to conserve water resources and plant trees have been launched in order to revive the environment.
Conclusion
Each of the factors mentioned above is crucial for the UPSC test. Students should reflect deeply on these events. This knowledge will provide you with a coherent and analytical approach, so strengthening your preparation.
The material presented above will be immensely valuable in the UPSC Prelims and Mains exams.
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