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CURRENT AFFAIRS: BANKING & FINANCE
Reserve Bank of India to infuse additional liquidity via Open Market Operations purchase, $10B forex swap for liquidity crunch
- In a bid to inject liquidity into the banking system, the Reserve Bank of India (RBI) announced on March 5th 2025, 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.
Key Highlights:
- Open Market Operations (OMO) – ₹1 Lakh Crore Government Securities Purchase
- RBI will conduct two phases of OMO purchases of Government of India securities:
- March 12, 2025 – ₹50,000 crore auction
- March 18, 2025 – ₹50,000 crore auction
- Objective: Inject liquidity into the banking system.
- USD/INR Swap Auction – $10 Billion on March 24
- RBI will conduct a Buy/Sell Swap auction with a 36-month tenor.
- Aim: Long-term liquidity injection and forex reserve stabilization.
- Previous Liquidity Injection – February 28, 2025 Swap
- RBI conducted a $10 billion USD/INR swap, which saw strong demand.
- This move was part of RBI’s ongoing liquidity management strategy.
- RBI’s Commitment to Market Stability
- The central bank stated that it will closely monitor liquidity and market conditions.
- RBI aims to maintain financial stability amid evolving economic conditions.
About OMO:
- An open market operation or OMO is a macroeconomic activity in which a central bank provides liquidity in its monetary system to a bank or group of banks.
- The reserve bank could either purchase or sell government securities or other financial assets in the open market, which is now mainly a preferred solution, to gain entry into a repo or safe and secure lending transaction with the commercial bank.
- The central bank lends money as a deposit for a set period and simultaneously takes an eligible property as collateral.
Recent News:
- Last updated on March 5, 2025, The Reserve Bank of India (RBI) kept the window open for the exchange and deposit of ₹2000 denomination notes, despite an overwhelming 98.18% of the total value being returned to the banking system.
About RBI :
- Established : 1 April 1935
- Headquarters : Mumbai, Maharashtra, India
- Governor : Sanjay Malhotra
PhonePe launches ‘insuring HEROES’ campaign for International Women’s Day
- PhonePe launched its ‘insuring HEROES’ campaign ahead of the International Women’s Day.
- International Women’s Day is observed every year on March 8.
- As part of the initiative, the company is offering exclusive discounts of up to 30%, specifically for women, on select term life and health insurance plans.
- It is available on the PhonePe platform until March 9, 2025.
- Women can avail these exclusive offers on the PhonePe app to ensure their overall economic well-being and enjoy long-term stability.
- Discounts include up to 15% off on health insurance plans, and up to 30% off on term life insurance plans.
- Through this initiative, PhonePe aims to assist women with greater financial security, facilitating their access to the right insurance solutions tailored to their unique needs.
Recent News:
- In January 2025, PhonePe partnered with ICICI Lombard to offer affordable insurance plans for travelers attending the Maha Kumbh Mela, covering medical expenses, personal accidents, and more.
About PhonePe:
- Headquarters: Bengaluru, Karnataka, India
- Founded: 2015
- CEO: Sameer Nigam
- Subsidiaries: PhonePe Payments, PhonePe for Business, PhonePe Insurance, PhonePe Wealth, PhonePe Bharat BillPay
- Key Products: PhonePe App, PhonePe Wallet, UPI Payments, PhonePe for Business, PhonePe Insurance, PhonePe Gold, PhonePe Bharat BillPay
CURRENT AFFAIRS: INTERNATIONAL NEWS
United States President Trump announces reciprocal tariffs from April 2, 2025
- United States (US) President Donald Trump has 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.
- In his inaugural address to a joint session of Congress, Trump stated, “Whatever they tax us, we tax them.”
- He emphasized that other countries have used tariffs against the US for decades, and now the US will reciprocate.
- Trump pointed out that, on average, the European Union, China, Brazil, India, Mexico, Canada, and several other nations impose significantly higher tariffs on US products than the US imposes on theirs, calling the situation “very unfair.”
Recent News:
- US President Donald Trump has officially recognized February 9 as “Gulf of America Day,” following a significant change to the name of the Gulf of Mexico.
About USA:
- Capital: Washington, D.C.
- Currency: United States Dollar (USD)
- President: Donald Trump
- Vice President: JD Vance
Japan plans for expansion in India through economic collaboration
- A delegation from the Japan-India Business Cooperation Committee, comprising 17 members and led by Chairman Tatsuo Yasunaga, called on Prime Minister Narendra Modi.
- The delegation included senior leaders from leading Japanese corporate houses across key sectors such as manufacturing, banking, airlines, pharma, plant engineering, and logistics.
- Yasunaga briefed the Prime Minister on the upcoming 48th Joint Meeting of the Japan-India Business Cooperation Committee with its Indian counterpart, the India-Japan Business Cooperation Committee, scheduled for 06 March 2025 in New Delhi.
- The discussions covered key areas, including:
- High-quality, low-cost manufacturing in India
- Expanding manufacturing for global markets, with a special focus on Africa
- Enhancing human resource development and exchanges
- During the meeting, Prime Minister Modi expressed his appreciation for Japanese businesses’ expansion plans in India and their steadfast commitment to ‘Make in India, Make for the World’.
- He also emphasized the importance of skill development, a key pillar of India-Japan bilateral ties.
- In a social media post, the Prime Minister reiterated his encouragement for Japan’s growing economic collaboration with India and reaffirmed Japan as India’s Special Strategic and Global Partner.
Recent News:
- As of January 2025, India is on track to surpass Japan as the world’s fourth-largest economy by 2026, driven by projected GDP growth of 6.8% in FY24 and 7.7% in FY26.
About Japan:
- Capital: Tokyo
- Currency: Japanese Yen (JPY)
- Prime Minister: Shigeru Ishiba
CURRENT AFFAIRS: NATIONAL NEWS
Kerala Chief Minister Pinarayi Vijayan Inaugurates Advance Cybersecurity Operations Centre for Kerala Police
- 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 initiative aims to enhance cybersecurity for police systems and critical infrastructure across the state.
Key Highlights
- The Centre for Development of Telematics (C-DOT), under the Department of Telecommunications (DoT), Ministry of Communications, has developed TRINETRA, an AI-powered cybersecurity platform designed to protect enterprises and critical sectors.
- Key Features of the Cybersecurity Operations Centre (SOC)
- 24×7 Cyber Threat Monitoring to identify vulnerabilities and prevent cyberattacks.
- Protection of Police Infrastructure, including headquarters, city commissionerates, and police stations.
- Real-Time Anomaly Detection using AI-driven analysis of endpoints, network traffic, and user behavior.
- Proactive Cyber Threat Mitigation to ensure robust data security.
- This initiative marks a significant leap in strengthening Kerala Police’s cybersecurity resilience, ensuring the safety of critical digital infrastructure from evolving cyber threats.
About Kerala:
- Chief Minister: Pinarayi Vijayan
- Governor: Rajendra Vishwanath Arlekar
- Capital: Thiruvananthapuram
- National Parks: Eravikulam National Park, Periyar Wildlife Sanctuary, Silent Valley National Park, Parambikulam Tiger Reserve
- Wildlife Sanctuaries: Wayanad Wildlife Sanctuary, Idukki Wildlife Sanctuary, Chilika Lake Wildlife Sanctuary
Supreme Court Declares Right Against Disability-Based Discrimination as Fundamental Right
- The Supreme Court has ruled that the right against disability-based discrimination must be considered a fundamental right, reinforcing the constitutional principles of equality and non-discrimination.
- The judgment came in response to petitions challenging certain provisions of the Madhya Pradesh and Rajasthan Judicial Service Rules, which were found to be discriminatory.
Key Highlights :
- Eligibility of Visually Impaired Candidates: The Court ruled that visually impaired candidates are eligible to participate in judicial service selection processes.
- Striking Down Discriminatory Provisions: The Court struck down Rule 6A of the Madhya Pradesh Judicial Service Rules, 1994, which excluded visually impaired persons from applying for judicial posts.
- Principle of Reasonable Accommodation: The Court emphasized that reasonable accommodations must be provided to persons with disabilities (PwDs) to ensure equal participation.
- Indirect Discrimination is Unacceptable: The ruling reinforced that policies indirectly excluding PwDs must be reconsidered.
- Affirmative Action for Inclusion: The Court urged the State to take proactive measures to create an inclusive framework for persons with disabilities.
- Disability-based discrimination occurs when individuals with disabilities face unfair treatment, exclusion, or denial of rights and opportunities in education, employment, healthcare, and public services.
Types of Disability-Based Discrimination
- Direct Discrimination: Explicit denial of opportunities (e.g., refusing to hire a candidate due to disability).
- Indirect Discrimination: Neutral policies that disproportionately affect PwDs (e.g., requiring a written test without alternative formats for visually impaired candidates).
- Denial of Reasonable Accommodation: Failure to provide necessary modifications like assistive technology or accessible infrastructure.
- Harassment: Verbal abuse, derogatory remarks, or hostile behavior towards PwDs.
- Systemic Discrimination: Laws or policies that inherently disadvantage PwDs by failing to recognize their needs.
Rights of Persons with Disabilities (RPwD) Act, 2016
- The RPwD Act, 2016, enacted to align with the United Nations Convention on the Rights of Persons with Disabilities (UNCRPD), ensures the rights, equality, and inclusion of persons with disabilities.
- Key Features of the RPwD Act, 2016:
- Expanded Definition of Disability: Recognizes 21 disabilities (up from 7 in the 1995 Act).
- Rights & Entitlements: Guarantees non-discrimination and equal protection under the law.
- Reservation in Employment & Education: Mandates 4% reservation in government jobs and 5% in higher education.
- Accessibility Requirements: Ensures public buildings, transport, and digital platforms are accessible.
- Social Security & Health Benefits: Provides financial aid, insurance, and pension schemes for PwDs.
- National & State Oversight: Establishes advisory boards and grievance redressal mechanisms at both central and state levels.
- With this ruling, the Supreme Court has reinforced equal rights for persons with disabilities, ensuring their inclusion in all spheres of life.
Indian President Droupadi Murmu Inaugurates ‘Vividhta Ka Amrit Mahotsav’ in New Delhi
- On March 5, 2025, President of India, Smt. Droupadi Murmu, inaugurated the second edition of Vividhta Ka Amrit Mahotsav at Rashtrapati Bhavan, New Delhi.
- This festival is dedicated to showcasing India’s diverse cultural heritage, with each edition highlighting a different region of the country.
Key Highlights
- The 2025 edition of the festival spotlights the Southern states of Karnataka, Kerala, Tamil Nadu, Telangana, and Andhra Pradesh, along with the Union Territories of Lakshadweep and Puducherry.
- The festival serves as a platform for artisans, performers, writers, and culinary experts to display their talent.
- Visitors can explore:
- Traditional Handicrafts & Art Forms
- Regional Literature & Folklore
- Authentic South Indian Cuisine
- Classical & Folk Performances
- By celebrating the rich heritage of different regions, Vividhta Ka Amrit Mahotsav fosters national unity and cultural appreciation.
CURRENT AFFAIRS: STATE NEWS
Assam Cabinet Names Upcoming Electronics Hub as Ratan Tata Electronic City
- The Assam state cabinet has decided to name the upcoming Electronics City in Jagiroad as Ratan Tata Electronic City, recognizing Ratan Tata’s contributions to the state’s development.
- This decision highlights the Tata Group’s longstanding role in Assam’s industrial growth.
- The announcement follows Tata Sons chairman N Chandrasekaran’s remarks at the Advantage Assam 2.0 Investment Summit in February, where he emphasized Tata’s deep-rooted connection with the state.
Tata’s Semiconductor Vision for Assam
- In March 2024, Ratan Tata expressed his vision for positioning Assam as a key player in the semiconductor industry.
- Tata Electronics is investing ₹27,000 crore to establish India’s first indigenous semiconductor assembly and test facility in the state.
- The facility will produce 48 million chips per day, making it India’s largest semiconductor chip packaging plant and generating 30,000 jobs.
- Additionally, Tata plans to set up a mobile phone technology facility in Assam, further strengthening India’s electronics manufacturing sector and creating more employment opportunities.
Tata Group’s Presence in Assam
- The Tata Group has been instrumental in Assam’s economic and social development, with Tata companies currently employing over 55,000 people in the state.
- Tata Trusts, in collaboration with the Assam government, has also established 17 cancer hospitals, significantly improving healthcare access in the region.
- Tata Consumer Company operates 21 assets and 20 manufacturing and packaging units in Assam, reinforcing its commitment to the tea industry and local economy.
- Chandrasekaran emphasized that the upcoming electronics facility will attract global companies and top talent, fostering partnerships in automotive, communication technology, logistics, and electronics.
- This initiative aligns with Assam’s broader vision to become a leading hub for semiconductor and electronics manufacturing.
Recent News:
- In February 2025, The Bodoland Territorial Region (BTR) government in Assam recently took a significant step toward recognizing indigenous faiths by including ‘Bathouism’ as an official religious option in application forms.
About Assam:
- Chief Minister: Himanta Biswa Sarma
- Governor: Lakshman Prasad Acharya
- Capital: Dispur
- National Parks: Kaziranga National Park, Manas National Park, Dibru-Saikhowa National Park
- Wildlife Sanctuaries: Pobitora Wildlife Sanctuary, Orang National Park, Bura-Chapori Wildlife Sanctuary, Nameri Wildlife Sanctuary
Uttarakhand Government Approves Ropeways for Kedarnath and Hemkund Sahib
- The Union cabinet, led by Prime Minister Narendra Modi, has approved the construction of ropeways at Kedarnath and Hemkund Sahib, Uttarakhand with a total budget of ₹6,811 crore.
- These projects aim to improve pilgrimage accessibility and reduce travel time.
Key Highlights
- The Kedarnath ropeway will span 12.9 km, starting from Sonprayag with a stop at Gaurikund, while the Hemkund Sahib ropeway will cover 12.4 km, beginning at Govindghat with a stop at Ghangaria.
- These routes will significantly ease travel for pilgrims.
- Currently, the journey to Kedarnath takes 8–9 hours on foot, but with the ropeway, it will be reduced to just 36 minutes.
- The Hemkund Sahib ropeway will also drastically cut down travel time, making the pilgrimage more efficient and convenient.
- With better connectivity, the pilgrimage season will be extended from two months to six months, allowing more devotees to visit these sacred sites throughout the year.
- The government has emphasized that these ropeways will be environmentally friendly, helping to reduce congestion and pollution caused by heavy foot traffic.
- Additionally, the extended pilgrimage season is expected to boost local businesses and create job opportunities in the region.
- Both ropeways are projected to be completed within four to six years, significantly enhancing the overall pilgrimage experience in Uttarakhand.
About Uttarakhand:
- Chief Minister: Pushkar Singh Dhami
- Governor: Gurmit Singh
- Capital: Dehradun
- National Parks: Jim Corbett National Park, Nanda Devi National Park, Rajaji National Park, Gangotri National Park, Valley of Flowers National Park
- Wildlife Sanctuaries: Kedarnath Wildlife Sanctuary, Askot Wildlife Sanctuary, Binsar Wildlife Sanctuary, Govind Wildlife Sanctuary, Sonanadi Wildlife Sanctuary, Nandi Devi Wildlife Sanctuary
CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS
Former Tank Commander Appointed As Israel’s New Military Chief
- Eyal Zamir becomes Israel’s new armed forces chief.
- He replaced Lieutenant General Herzi Halevi, who resigned after acknowledging failures in preventing Hamas’s October 7, 2023 attack.
- Takes charge at a critical moment in Israel’s war with Hamas.
- The ceasefire that started on January 19 remains fragile.
- Oversees operations in the occupied West Bank, where tanks have been deployed for the first time in 20 years.
- Faces rising tensions with Iran.
- Supports Prime Minister Benjamin Netanyahu’s goal of “absolute victory” over Hamas.
- Advocates a tougher stance on Iran, including offensive actions to halt its nuclear program.
- Urges stronger cooperation with the U.S. against Iran’s regional influence.
- Former director of Israel’s defence ministry, overseeing key defence procurements.
About Eyal Zamir:
- Served as Netanyahu’s military secretary (2012-2015).
- Head of the Israel Defence and Security Forum, a right-wing think tank.
- Led critical operations during the first and second Palestinian intifadas.
- Commanded efforts to destroy Hamas tunnels as head of Southern Command (2015-2018).
- Known for being “mission-oriented, detail-oriented, and strict.”
- Described as a strong, authoritative figure compared to his predecessor.
- Advocates for Israel’s military self-reliance.
- Predicts continued conflict in 2025.
- Born in Eilat, with Yemeni and Syrian Jewish heritage.
- Joined the Israeli military in 1984 as part of the Armoured Corps.
- Commanded a brigade in 2002 that captured the Jenin refugee camp, a Palestinian militant stronghold.
- Served as deputy chief of staff (2018-2021) under Aviv Kochavi, helping implement Israel’s military strategy.
Reserve Bank of India appoints Dr Ajit Ratnakar Joshi as new Executive Director
- Dr Ajit Ratnakar Joshi has been appointed as Executive Director (ED) of the RBI, effective March 3, 2025.
- He will oversee the Department of Statistics and Information Management and the Financial Stability Department.
- Previously served as Principal Adviser in the Department of Statistics and Information Management.
- Over 30 years of experience in statistics, information technology, and cyber risk management.
About Ajit Ratnakar Joshi:
- Former faculty member at the Institute of Development and Research in Banking Technology, Hyderabad.
- Participated in committees and working groups related to macroeconomic statistics and policy issues.
- Holds a master’s degree in statistics from Nagpur University.
- Earned a D. in monetary economics from IIT Madras.
- Holds a Diploma in Development Policy and Planning from the Institute of Economic Growth, Delhi.
- Certified Associate of the Indian Institute of Banking and Finance (CAIIB).
Central Government Appoints IAS Ajay Bhadoo as Chief Executive Officer, Government e-Marketplace
- Shri Ajay Bhadoo has been appointed as the Chief Executive Officer (CEO) of Government e Marketplace (GeM), effective March 3, 2025.
- He will continue his role as Additional Secretary in the Department of Commerce.
- GeM, India’s largest e-marketplace for government procurement, is transitioning to a next-generation digital marketplace powered by Tata Consultancy Services (TCS).
- Currently, GeM has recorded a Gross Merchandise Value (GMV) of ₹4.58 lakh crore, reflecting a 28.65% year-on-year growth.
About Ajay Bhadoo:
- Shri Bhadoo is a 1999-batch Indian Administrative Service (IAS) officer from the Gujarat cadre, with over two decades of experience in policy formulation and implementation.
- In August 2024, he was appointed as Additional Secretary in the Department of Commerce.
- Previously served as Deputy Election Commissioner at the Election Commission of India.
- Held key leadership roles, including:
- Joint Secretary to former President of India, Shri Ram Nath Kovind.
- CEO of Gujarat Maritime Board.
- Commissioner of Rajkot and Vadodara Municipal Corporations.
- Holds a degree in Civil Engineering and a Master’s in Business Law from the National Law School of India University, Bengaluru.
CURRENT AFFAIRS: AWARDS & HONOURS
Nithin Kamath Wins EY Entrepreneur of the Year 2024
- Zerodha Founder & CEO Nithin Kamath has 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.
Key Highlights:
- Kamath built Zerodha into a billion-dollar company without external funding and continues to support fintech and climate-focused startups, along with various social initiatives.
- Veteran banker KV Kamath was recognized with the Lifetime Achievement Award for his outstanding contributions to the financial sector.
- S Somanath, ISRO Chairman, was awarded the Special Jury Award for his role in India’s landmark space missions, reinforcing India’s global position in space exploration.
- Following his win, Nithin Kamath will represent India at the EY World Entrepreneur Of The Year (WEOY) awards in Monte Carlo in June 2025, competing with top entrepreneurs from around the world.
CURRENT AFFAIRS: DEFENCE NEWS
Defence Research and Development Organisation (DRDO) conducts trials of life-support system for pilots onboard Tejas jets
- The Defence Bio-Engineering & Electro Medical Laboratory (DEBEL), a Bengaluru-based lab 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.
- The trials took place on the LCA-Prototype Vehicle-3 of Hindustan Aeronautics Limited (HAL)/Aeronautical Development Agency (ADA).
Key Highlights:
- The OBOGS-based ILSS is designed to generate and regulate breathable oxygen for pilots during flight, eliminating dependence on traditional liquid oxygen cylinders.
- It was tested up to 50,000 feet Above Mean Sea Level and in high-G maneuvers, ensuring enhanced endurance and safety for pilots.
- The ILSS integrates 10 Line Replaceable Units (LRUs), including the Low-Pressure Breathing Regulator, Breathing Oxygen System (BOS), Emergency Oxygen System, Oxygen Sensor, and Anti-G Valve.
- Rigorous performance testing covered oxygen concentration, demand breathing, and availability of 100% oxygen.
- It was evaluated across different flight conditions, including taxiing, takeoff, cruise, high-G turns, and landing approaches.
- Following flight clearance from the Centre for Military Airworthiness & Certification (CEMILAC), the system successfully met all specified parameters.
- The system has been manufactured by L&T as a Development cum Production Partner, with 90% indigenous content, strengthening India’s self-reliance in aerospace technology.
- It can also be adapted for use in MiG-29K and other fighter aircraft.
- The achievement was made possible through the collaborative efforts of DRDO (DEBEL, ADA, HAL, CEMILAC, National Flight Test Center, Directorate General of Aeronautical Quality Assurance) and the Indian Air Force (IAF).
CURRENT AFFAIRS: ENVIRONMENT
World’s largest iceberg stuck near Antarctic island after 40-year journey
- The world’s largest iceberg, A23a, calved from the Antarctic ice shelf in 1986 and remained grounded for over 30 years before breaking free in 2020.
- Its recent journey north has been tracked via satellite, and as of March 1st, it is grounded 73km from South Georgia Island.
- A 19km chunk broke off of it in January 2025.
- Initial concerns existed that if the iceberg grounded too close to South Georgia, it would force penguins and seals to travel further for food, increasing mortality rates.
- Because of the current location, the danger to wildlife has been reduced, and the grounded iceberg could provide benefits, as nutrients released from it may boost food availability for the regional ecosystem.
- The area has already been impacted by a bird flu outbreak.
- The iceberg poses no threat to shipping due to its massive size, which allows vessels to easily avoid it.
- However, as it breaks into smaller pieces, “bergy bits” could create hazards for commercial fishing ships.
- While large icebergs are a natural part of the Antarctic ice sheet’s lifecycle, the overall trend of ice loss is accelerating due to climate change.
- Ice shelves have lost 6,000 billion tonnes of mass since 2000, and rising global temperatures pose a significant threat to ice sheets and sea levels.
- Last year was the first year that the global average temperature exceeded 5C.
- South Georgia Island is a crucial breeding ground for millions of seals and birds, and it is a British overseas territory, also claimed by Argentina.
CURRENT AFFAIRS: SPORTS NEWS
Sharath Kamal Announces Retirement from Table Tennis
- India’s legendary table tennis player Achanta Sharath Kamal has officially announced his retirement.
- His final appearance will be at the WTT Star Contender tournament, scheduled from March 25 to 30, 2025, at the Nehru Indoor Stadium in Chennai.
Key Highlights
- The 42-year-old paddler has been India’s most decorated table tennis player, with numerous accolades at the Commonwealth Games, Asian Games, and Olympics.
- Despite facing injuries and administrative hurdles, Sharath’s resilience and dedication have cemented his status as a true icon of Indian sports.
- Five-time Olympian and India’s highest-ranked TT player (World Rank 42 as of 2025).
- 10-time National Singles Champion, the most in Indian history.
- Asian Games Double Medallist and Commonwealth Games record-holder with 13 medals from five editions.
- Won men’s singles and men’s team gold on debut at the 2006 Melbourne Commonwealth Games.
- Secured four medals at the 2022 Birmingham Commonwealth Games (three gold, one silver).
- Achieved his highest world ranking of 30 at the peak of his career.
- Sharath Kamal’s retirement marks the end of an era in Indian table tennis.
ICC ODI Rankings Update: Kohli Rises to No. 4, Rohit Drops to No. 5
- 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.
- His innings helped India secure a four-wicket victory, advancing them to the final, where they will face either South Africa or New Zealand.
Key Highlights:
- Meanwhile, India captain Rohit Sharma has slipped two places to No. 5 in the ODI rankings.
- Despite aggressive starts for India, his overall performance in the tournament has been modest, scoring 104 runs in four matches, with a highest score of 41.
- India’s vice-captain Shubman Gill continues to dominate the ICC ODI run-scorers list, maintaining his 1 ranking. He is followed by Pakistan’s Babar Azam, who holds the second position.
- Champions Trophy Performances
- Virat Kohli: 217 runs in four matches, ranked 4 in the tournament’s top run-scorers list.
- Rohit Sharma: 104 runs in four matches, ranked 25th among top run-scorers.
Daily CA on March 7 :
- In a bid to inject liquidity into the banking system, the Reserve Bank of India (RBI) announced on March 5th 2025, 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.
- The Union cabinet, led by Prime Minister Narendra Modi, has approved the construction of ropeways at Kedarnath and Hemkund Sahib, Uttarakhand 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.
- Zerodha Founder & CEO Nithin Kamath has 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.
- 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.
- The Supreme Court has ruled that the right against disability-based discrimination must be considered a fundamental right, reinforcing the constitutional principles of equality and non-discrimination.
- On March 5, 2025, President of India, Smt. Droupadi Murmu, inaugurated the second edition of Vividhta Ka Amrit Mahotsav at Rashtrapati Bhavan, New Delhi.
- US President Donald Trump has 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.
- A delegation from the Japan-India Business Cooperation Committee, comprising 17 members and led by Chairman Tatsuo Yasunaga, called on Prime Minister Narendra Modi.
- The Assam state cabinet has decided to name the upcoming Electronics City in Jagiroad as Ratan Tata Electronic City, recognizing Ratan Tata’s contributions to the state’s development.
- Eyal Zamir becomes 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.
- The Defence Bio-Engineering & Electro Medical Laboratory (DEBEL), a Bengaluru-based lab 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.
- 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.
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