Daily Current Affairs 17th Jan, 2025: Your guide for daily General Knowledge Preparation
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This post contains important current affairs of 17th Jan, 2025. It includes all Major National, International, Business and Sports related current affairs of 17th Jan, 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 17th Jan, 2025 Current affairs test.
Banking News
Shriram Housing Finance Transitions to Truhome Finance
Shriram Housing Finance has undergone a major transformation by rebranding itself as Truhome Finance. This strategic change follows its acquisition by Warburg Pincus and co-investors, including Qatar’s sovereign wealth fund, QIA. The rebranding reflects the company’s commitment to expanding access to affordable home loans across various socio-economic groups.
PNB MetLife Partners with Saraswat Bank to Enhance Financial Inclusion
PNB MetLife India Insurance Company Limited announced a strategic bancassurance partnership with Saraswat Co-Operative Bank Ltd., India’s largest urban co-operative bank. This collaboration aims to offer a wide array of life insurance products—including savings, protection, retirement, and group plans—to Saraswat Bank’s extensive customer base of approximately 3 million individuals across 302 branches nationwide.
New MDs and CEOs Appointed at Punjab National Bank and Indian Bank
The Indian government appointed Ashok Chandra as the new Managing Director of Punjab National Bank (PNB) and Binod Kumar as the Chief Executive Officer of Indian Bank. These appointments mark significant leadership changes in two of India’s major public sector banks.
National News
Piyush Goyal Unveils PRABHAAV Factbook and Launches Bharat Startup Challenge
During the celebration of Startup India’s 9th Foundation Day in New Delhi, a pivotal event underscored India’s strides toward establishing itself as a global hub for innovation and entrepreneurship. Union Minister of Commerce & Industry, Shri Piyush Goyal, introduced significant initiatives such as the PRABHAAV Factbook and the Bharat Startup Challenge. He highlighted the crucial impact of startups in transforming India’s economic and societal framework. The ceremony also showcased India’s progress in nurturing a dynamic startup ecosystem, empowering female entrepreneurs, and supporting startups from Tier II and Tier III cities.
Vadnagar Welcomes New Archaeological Experiential Museum
In a historic event, the Union Ministry of Culture alongside the Gujarat State Government inaugurated a cutting-edge Archaeological Experiential Museum in Vadnagar. The ceremony was led by Union Home Minister Shri Amit Shah and attended by Gujarat Chief Minister Shri Bhupendrabhai Patel, Union Minister of Education Shri Dharmendra Pradhan, and other senior officials. This significant project highlights Vadnagar’s rich cultural and historical legacy, spanning over 2,500 years.
PM Modi Opens Bharat Mobility Global Expo 2025
Prime Minister Narendra Modi officially inaugurated the Bharat Mobility Global Expo 2025 Bharat Mandapam in New Delhi. Recognized as India’s premier mobility exhibition, the event aims to unify the entire mobility value chain under a single platform, fostering collaboration and innovation within the sector.
Maha Kumbh 2025 Launches ‘One Plate, One Bag’ Eco-Friendly Initiative
In a notable effort to promote sustainable practices, the Rashtriya Swayamsevak Sangh (RSS) introduced the “One Plate, One Bag” campaign during Maha Kumbh 2025. This initiative seeks to eliminate plastic usage at the world’s largest religious gathering by advocating for cloth bags and the use of steel plates and glasses instead of their plastic counterparts.
World’s First Mahamrityunjaya Yantra Installed at Prayagraj for Maha Kumbh 2025
A groundbreaking spiritual installation, the world’s first Mahamrityunjaya Yantra measuring 52 feet in all dimensions, has been set up at Tapovan Ashram in Jhunsi Havelis, Prayagraj—the revered site of Maha Kumbh. This monumental Yantra is considered a spiritual masterpiece, believed to connect devotees with the higher consciousness of Lord Shiva.
Business News
FICCI Adjusts India’s Economic Forecast for FY 2024-25
The Federation of Indian Chambers of Commerce and Industry (FICCI) has revised its economic projections for India, now forecasting a GDP growth rate of 6.4% and a Consumer Price Index (CPI)-based inflation rate of 4.8% for the fiscal year 2024-25. This adjustment reflects a more cautious perspective amidst global uncertainties and domestic challenges.
World Bank Projects Continued Robust Economic Growth for India
According to the World Bank’s latest Global Economic Prospects report, India is expected to sustain its status as the fastest-growing major economy. The anticipated GDP growth rate is projected to be 6.7% for both fiscal years 2025-26 and 2026-27.
Agreements News
C-DOT and IIT Bombay Collaborate on Indigenous 6G Optical Chipset
Advancing next-generation telecommunications, the Centre for Development of Telematics (C-DOT) and the Indian Institute of Technology, Bombay (IIT Bombay) have signed an agreement to develop an “Optical Transceiver Chipset for High-Bandwidth 6G Wireless Links.” This project, under the Telecom Technology Development Fund (TTDF) 6G Call for Proposals by the Department of Telecommunications (DoT), aims to bolster India’s leadership in 6G technology by 2030, focusing on affordability, sustainability, and widespread accessibility.
Appointments News
Justice Krishnan Vinod Chandran Appointed to the Supreme Court of India
Justice Krishnan Vinod Chandran was officially sworn in as the latest judge of the Supreme Court of India. The oath of office was administered by Chief Justice of India Sanjiv Khanna. This appointment increases the Supreme Court’s judicial strength to 33 judges, bringing it just one seat short of its full sanctioned capacity.
Science & Technology News
ISRO to Establish New Launchpad at Sriharikota
The Union Cabinet, led by Prime Minister Narendra Modi, has approved the construction of a third launchpad at ISRO’s Satish Dhawan Space Centre (SDSC) in Sriharikota, Andhra Pradesh. The ₹3,985 crore project is a crucial enhancement of India’s space transportation infrastructure, specifically supporting the Next Generation Launch Vehicles (NGLVs). This launchpad is integral to future human spaceflight missions and India’s ambitious space exploration goals, including a crewed lunar landing by 2040.
Sports News
PV Sindhu Teams Up with PUMA India
PV Sindhu, the renowned two-time Olympic medalist and global badminton star, has entered into a multi-year partnership with PUMA India. This collaboration marks PUMA’s official venture into the badminton sector, representing a significant milestone for the sport in India. The partnership aims to leverage badminton’s growing popularity, which currently has a fan base of 57 million across the country.
Through this alliance, PUMA seeks to deepen its presence in India’s expanding sports market, while Sindhu continues to inspire millions with her outstanding performances.