Daily Current Affairs 11th Feb 2025: Your guide for daily General Knowledge Preparation
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This post contains daily current affairs 11th Feb 2025. It includes all National, International, Business & Sports related current affairs 11th Feb 2025. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 11th Feb, 2025 Current affairs test.
International News
DPIIT & KOTI Ink MoU for Logistics & Infrastructure Growth
- On February 10, 2025, India’s Department for Promotion of Industry and Internal Trade (DPIIT) and the Korea Transport Institute (KOTI) signed a Memorandum of Understanding in South Korea.
- Mr. Youngchan Kim, President of KOTI, and H.E. Amit Kumar, India’s Ambassador to South Korea, signed the agreement at the Sejong National Research Complex.
- The primary goal is to boost logistics efficiency, enhance infrastructure planning, and support sustainable economic development through technical collaboration and knowledge-sharing initiatives.
Bangladesh Launches ‘Operation Devil Hunt’
- Bangladesh has initiated a large-scale security drive called “Operation Devil Hunt” to clamp down on loyalists of former Prime Minister Sheikh Hasina.
- This action follows attacks on protesters by gangs allegedly linked to Hasina’s regime. The interim government, led by Muhammad Yunus, aims to restore law and order while upholding democratic principles.
- The unrest began after speculation that Hasina might address her supporters from exile in India. This led to violent demonstrations, including damage to properties associated with Hasina’s family.
- India has criticized the demolition of the Bangabandhu Memorial Museum, creating increased friction between the two neighboring countries.
Defence News
Indian Army and IAF Execute ‘Winged Raider’ in Eastern Theater
- The Indian Army and the Indian Air Force carried out a joint military exercise named ‘Winged Raider’ in the Eastern Theater.
- The main focus was on special airborne operations to strengthen inter-service cooperation and rapid deployment abilities.
- Conducted in a strategically important area, the exercise aimed to bolster synergy and readiness between the two forces.
HAL’s Upgraded Hindustan Jet Trainer 36 Renamed ‘Yashas’
- Hindustan Aeronautics Limited (HAL) rebranded its Hindustan Jet Trainer (HJT-36) as ‘Yashas’ after major upgrades to its flight performance.
- The unveiling took place during Aero India 2025, symbolizing the aircraft’s advancements and its readiness for subsequent phases of pilot training and operational roles.
Economy News
Over 54.5 Crore Jan Dhan Accounts Opened till Jan 15
- As of January 15, 2025, the Pradhan Mantri Jan Dhan Yojana (PMJDY) reached a significant benchmark with over 54.58 crore bank accounts opened.
- Notably, 55.7% of these accounts are held by women, reflecting the scheme’s contribution to financial inclusion among underprivileged groups.
- Launched in August 2014, PMJDY has grown into a foundational platform for various government welfare initiatives, social security programs, and digital transactions.
Govt Adds 10 New Commodities to e-NAM for Better Market Access
- The Government of India broadened the National Agriculture Market (e-NAM) by incorporating 10 additional agricultural products.
- With these additions, e-NAM now features 231 commodities in total.
- This expansion is intended to improve price discovery for farmers and establish a more open and effective trading system.
India-EFTA Strengthen Economic Ties with the Inauguration of the India-EFTA Desk
- India and the European Free Trade Association (EFTA)—comprising Switzerland, Norway, Iceland, and Liechtenstein—reinforced their economic partnership by launching the India-EFTA Desk.
- This development follows the successful completion of the India-EFTA Trade and Economic Partnership Agreement (TEPA).
- EFTA holds the distinction of being the first European bloc to finalize a trade agreement with India, and the new desk is set to bolster transparency, trust, and ease of doing business between the regions.
India-Israel Business & CEO Forums to Strengthen Bilateral Economic Ties
- India and Israel are prepared to deepen their trade ties through the India-Israel Business Forum and the India-Israel CEO Forum on February 11, 2025, in New Delhi.
- These forums aim to amplify collaboration in technology, explore investment possibilities, and form cross-industry alliances.
- High-level delegations, business magnates, policymakers, and stakeholders from both countries will come together to identify areas for further innovation and economic integration.
Schemes News
Government Initiatives to Support Women Employees and Entrepreneurs in India
- The Indian government has introduced several measures to boost gender equality at work and support women-led businesses.
- These efforts target the creation of a safe, inclusive, and fair environment for women professionals.
- Legislative frameworks and tailored programs encourage women’s career progression, entrepreneurship, and social protection.
Business News
India Sets New HS Codes for GI-Tagged Rice Exports
- India is devising new Harmonized System of Nomenclature (HSN) codes for exporting rice with Geographical Indication (GI) labels.
- This move streamlines exports for specialized rice variants like Red Rice, Black Rice, and Kalanamak Rice, enhancing their global market accessibility.
Banking News
RBI Defers Liquidity Coverage Ratio and Project Financing Norms to 2026
- The Reserve Bank of India (RBI) postponed the implementation of Liquidity Coverage Ratio (LCR) and project financing rules by one year, setting the earliest enforcement date at March 31, 2026.
- This decision addresses concerns from both public and private banks about liquidity issues the regulations could cause.
- The delay is aimed at preserving financial stability and offering banks additional time to adjust to the new guidelines.
RBI Initiates Comprehensive Review of Financial Market Timings
- The RBI established a nine-member Working Group to examine trading and settlement schedules across various regulated financial markets.
- The initiative reflects changing market conditions, increased digitization, and the need to align domestic market practices with international standards.
- The Working Group is expected to present its findings by April.
Appointments News
Nokia Names Intel’s AI Chief Hotard as New CEO
- Nokia announced that Justin Hotard will become CEO starting April 1, 2025, succeeding Pekka Lundmark.
- Hotard is currently Intel’s Executive Vice President and General Manager of the Data Center & AI Group, bringing extensive experience in AI and data center technology—vital areas for Nokia’s future expansion.
- Nokia’s Chair, Sari Baldauf, highlighted Hotard’s history of driving growth in tech companies. Lundmark, at Nokia’s helm since 2020, will advise the company through year-end to ensure a smooth leadership transition.
Sports News
Real Madrid Legend Marcelo Hangs Up His Boots
- Famed Brazilian left-back Marcelo has ended his playing career at 36.
- Over 15 years at Real Madrid, he secured 25 major trophies, including five UEFA Champions League victories.
- Marcelo also represented Fluminense and Olympiacos, and in his farewell statement, he hinted at staying involved in football.
- Real Madrid president Florentino Perez applauded him as one of the all-time greatest left-backs.
Reliance Unveils ‘Spinner’ Sports Drink with Muralitharan
- Reliance Consumer Products Ltd (RCPL), under Reliance Industries, launched a new sports hydration drink called Spinner.
- Developed alongside Sri Lankan cricket legend Muttiah Muralitharan, Spinner aims to be both cost-effective and performance-oriented.
- Priced at ₹10 for a 150 ml bottle, it undercuts competitors like Gatorade and Powerade.
- The brand plans collaborations with several IPL teams and envisions creating a billion-dollar sports beverage segment within three years.
Jil Teichmann Clinches Mumbai Open 2025 Title
- Swiss tennis star Jil Teichmann triumphed in the 2025 Mumbai Open singles final by overcoming Thailand’s Mananchaya Sawangkaew.
- The WTA 125 event, held at the Cricket Club of India in Mumbai from February 3–9, stands as India’s only WTA tournament.
- This marks Teichmann’s second WTA 125 title, complementing her 2024 victory in Ljubljana.
Mumbai Indians Acquire 49% Stake in The Hundred’s Oval Invincibles
- Reliance Industries’ sports arm, RISE Worldwide, successfully purchased a 49% share in Oval Invincibles, a team in The Hundred—England and Wales Cricket Board’s 100-ball format league.
- This move bolsters the global presence of the Mumbai Indians (MI) franchise.
- Surrey County Cricket Club retains the majority stake, ensuring shared governance and direction with Reliance.
Carlos Alcaraz Claims First Indoor Hardcourt Title at Rotterdam Open
- Carlos Alcaraz captured his maiden indoor hardcourt championship after defeating Alex de Minaur 6-4, 3-6, 6-2 in the Rotterdam Open final.
- This victory is Alcaraz’s 17th ATP Tour title and marks the first time a Spanish player has won the event in its 52-year history.
- Despite battling a cold and challenging three-set matches, Alcaraz showed perseverance and adaptability on indoor surfaces, adding to his growing list of achievements.
Important Days
International Day of Women and Girls in Science 2025: Date, Theme
- Observed every year on February 11, the International Day of Women and Girls in Science (IDWGS) spotlights women’s contributions in STEM (Science, Technology, Engineering, and Mathematics).
- The 2025 theme, “Unpacking STEM Careers: Her Voice in Science,” underscores the continued efforts to secure full and equal access for women and girls in scientific fields.
- As noted by UNESCO, modern science is dynamic and multifaceted, requiring diverse input to tackle global challenges both inside and outside laboratories.
Anti-Smuggling Day 2025: Date
- India’s borders with Pakistan, Bangladesh, Myanmar, and Nepal are prone to smuggling, posing significant threats to national security and the economy.
- To draw attention to the dangers of cross-border smuggling, the FICCI Committee Against Smuggling and Counterfeiting Activities Destroying the Economy (CASCADE) designates February 11 each year as Anti-Smuggling Day.
- The initiative seeks to mobilize both governmental agencies and citizens to combat smuggling more effectively.
International Epilepsy Day 2025: Date, Theme
- International Epilepsy Day (IED) has been marked globally on the second Monday of February since 2015.
- In 2025, IED was observed on February 10 (Monday), uniting patients with epilepsy and fostering community dialogue on epidemiology, diagnosis, and treatment.
- The 2025 theme, “MyEpilepsyJourney,” focuses on awareness-building and offering support to those affected by epilepsy.
