Daily Current Affairs 14th Feb 2025: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains daily current affairs 14th Feb 2025. It includes all National, International, Business & Sports related current affairs 14th 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 14th Feb, 2025 Current affairs test.
National News
Income Tax Bill, 2025: Major Reforms and Impact
- Presentation in Lok Sabha: Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, during the Budget session in the Lok Sabha.
- Objective: The proposed bill is intended to replace the Income Tax Act of 1961, focusing on:
- Simplification of tax provisions.
- Enhanced clarity for taxpayers.
- Alignment with global tax standards, ensuring modernization of India’s tax laws.
PM Modi’s Cultural Gift to French President and First Lady
- During his two-day visit to France, Prime Minister Narendra Modi presented a collection of artistic gifts to French President Emmanuel Macron and First Lady Brigitte Macron.
- The gifts were chosen to exhibit India’s rich cultural heritage and traditional craftsmanship, reflecting its deep artistic and historical legacy.
Asia’s First Animatronic Elephant ‘Ellie’ Launched in Bengaluru
- ‘Ellie’, the first life-sized animatronic elephant in Asia, was introduced in Bengaluru.
- Developed by PETA India, this robotic elephant is designed to educate children about the harsh realities of elephant captivity.
- Bollywood actress Dia Mirza has lent her voice to the initiative, promoting awareness and compassion towards elephants.
International News
India-France Joint Statement on PM Modi’s Visit to France
- Prime Minister Narendra Modi’s 6th visit to France followed French President Emmanuel Macron’s visit to India in January 2024, when he attended the 75th Republic Day celebrations as Chief Guest.
- The leaders held bilateral discussions covering:
- Strengthening multifaceted cooperation between India and France.
- Global and regional geopolitical issues.
- A significant outcome of the visit was the joint inauguration of India’s Consulate General in Marseille, a step towards enhancing diplomatic presence.
Awards & Honors News
Tom Cruise Awarded France’s Highest Aviation Honor – Grande Médaille
- Renowned Hollywood actor Tom Cruise was honored with the Grande Médaille, the highest aviation distinction awarded by the Aero-Club de France.
- The award was presented by Catherine Maunoury, President of the Aero-Club de France.
- Cruise was recognized for his notable contributions to aviation and his inspirational role in promoting aviation through films and public engagement.
Rankings & Index News
Hyundai Motor India Added to MSCI Emerging Markets Index
- Hyundai Motor India has been included in both:
- The MSCI Emerging Markets Index.
- The MSCI India Domestic Index.
- Conversely, Adani Green Energy has been excluded from the MSCI India Domestic Index.
Banking & Finance News
RBI to Issue ₹50 Banknotes with New Governor’s Signature
- The Reserve Bank of India (RBI) has announced the introduction of ₹50 denomination banknotes featuring the signature of newly appointed Governor Sanjay Malhotra.
- The design and security features of the new ₹50 note will remain unchanged, retaining the existing format under the Mahatma Gandhi (New) Series.
Retail Inflation Declines, Industrial Growth Slows
- India’s retail inflation fell to 4.3% in January 2025, marking a 91 basis points (bps) drop from December 2024 levels.
- This decline represents a five-month low, largely attributed to a significant reduction in vegetable prices.
- On the industrial front, growth slowed to 3.2% in December 2024, signaling a potential need for economic stimulus measures.
- Economists predict this drop in inflation may prompt the RBI to consider a rate cut in April to support economic growth.
Sports News
Sachin Yadav Clinches Gold in Javelin at National Games with 84.39m Throw
- Sachin Yadav, a javelin thrower from Uttar Pradesh, secured the gold medal at the 38th National Games held at Ganga Athletic Stadium, Dehradun.
- His winning throw measured 84.39m, marking his personal best performance.
- Yadav outperformed strong contenders like Rohit Yadav and Shivpal Singh in the nine-man final held at Maharana Pratap Sports College, Dehradun.
