Daily Current Affairs 18th Jan, 2025

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Daily Current Affairs 18th Jan, 2025: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 18th Jan, 2025. It includes all Major National, International, Business and Sports related current affairs of 18th 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 18th Jan, 2025 Current affairs test.

International News

China Successfully Launches Pakistan’s First EO Satellite

  • China launched Pakistan’s first indigenously developed Electro-Optical (EO-1) satellite, PRSC-EO1, from the Jiuquan Satellite Launch Center.
  • Equipped with electro-optical sensors for Earth observation, the satellite was deployed into its planned orbit by a Long March-2D carrier rocket at 12:07 PM Beijing Time.

National News

DoT Introduces NBM 2.0 and Sanchar Saathi App

  • The Department of Telecommunications (DoT) launched two major initiatives to strengthen India’s digital infrastructure and security: the National Broadband Mission (NBM) 2.0 and the Sanchar Saathi mobile application.
  • Building upon the progress of NBM 1.0, which established close to 800,000 towers and boosted broadband subscriptions from 660 million to 940 million, NBM 2.0 focuses on connecting the remaining 170,000 villages in India.
  • The mission aims to provide broadband access to 60 out of every 100 rural households, with a minimum download speed of 100 Mbps, fostering inclusivity and bridging the digital divide.

Government Introduces Bharat Ranbhoomi Darshan App to Promote Battlefield Tourism

  • Coinciding with Army Day celebrations in Pune, Maharashtra, the government unveiled the Bharat Ranbhoomi Darshan app and website.
  • A collaborative effort by the Ministries of Defence, Tourism, and the Indian Army, the platform enables citizens to explore key historical battlefield sites, including those from the 1962, 1971, and 1999 wars, as well as regions such as the Siachen base camp and Galwan Valley.
  • This initiative aims to transform border areas into tourist destinations, fostering greater appreciation for India’s military history and the sacrifices of its soldiers.

Lokpal of India Celebrates First Foundation Day

  • The Lokpal of India observed its first Foundation Day at the Manekshaw Centre in New Delhi, marking 11 years under the Lokpal and Lokayuktas Act, 2013.

Business News

Government Approves ₹11,440 Crore Package for RINL

  • The Union Cabinet has approved a ₹11,440 crore revival package for Rashtriya Ispat Nigam Limited (RINL), or Vizag Steel, to address its financial difficulties.
  • The package includes ₹10,300 crore in equity capital infusion and the conversion of ₹1,140 crore in working capital loans into 7% non-cumulative preference share capital, redeemable after ten years.
  • This measure aims to resolve RINL’s operational challenges and improve its financial health.

IMF Lowers India’s Growth Forecast for FY25

  • The International Monetary Fund (IMF) has revised its economic growth projection for India in FY25, reducing it to 6.5%.
  • Despite this adjustment, the growth outlook for FY26 remains stable.
  • This revision considers challenges such as global economic uncertainties, inflationary pressures, and potential slowdowns in investment.
  • While India continues to recover post-pandemic, the IMF highlights inflation, geopolitical risks, and investment stagnation as factors influencing the country’s economic trajectory.

Appointments News

Justice Arun Mishra Appointed BCCI Ombudsman

  • Justice Arun Mishra, a former judge of the Supreme Court, has been appointed as the Ombudsman and Ethics Officer of the Board of Control for Cricket in India (BCCI).
  • With a distinguished legal career, Justice Mishra is tasked with overseeing ethical practices and resolving disputes within the cricketing body.

Banking News

RBI Permits Overseas Banks to Open INR Accounts

  • The Reserve Bank of India (RBI) has announced a policy enabling overseas branches of authorized banks to open Indian Rupee (INR) accounts for non-residents.
  • This move seeks to enhance the global use of the INR in international trade and investment.

RBI’s Forex Market Intervention Hits Record Levels in November 2024

  • The RBI sold $20.2 billion in the foreign exchange market, its highest-ever monthly intervention, to stabilize the rupee amid significant outflows by foreign portfolio investors.
  • This action raised the RBI’s net short position in the forward market to $58.9 billion by the end of November, compared to $49.18 billion in October.

Sports News

Djokovic Sets New Record for Grand Slam Matches

  • Novak Djokovic made tennis history by surpassing Roger Federer for the most Grand Slam matches played.
  • Djokovic achieved this milestone with his 430th Grand Slam match during the second round of the Australian Open, where he triumphed over Portuguese qualifier Jaime Faria.
  • This accomplishment further solidifies Djokovic’s legacy in the sport.

Science & Technology News

Blue Origin’s New Glenn Completes Maiden Flight

  • Blue Origin, founded by Jeff Bezos, successfully conducted the maiden test flight of its New Glenn rocket.
  • Named in honor of astronaut John Glenn, the rocket carried a prototype satellite into orbit, marking a significant achievement in the company’s efforts to compete in the space exploration industry alongside NASA, SpaceX, and other players.

ISRO Achieves Space Agriculture Milestone with Black-Eyed Pea Experiment

  • The Indian Space Research Organisation (ISRO) successfully germinated black-eyed pea (lobia) seeds aboard its Compact Research Module for Orbital Plant Studies (CROPS).
  • This breakthrough represents a step forward in cultivating sustainable food sources for long-term space missions, essential for astronaut well-being on extended journeys.

Concerns Over Zombie Deer Disease’s Impact on Humans

  • Chronic Wasting Disease (CWD), also known as Zombie Deer Disease, primarily affects deer, moose, and elk.
  • While evidence of its transmission to humans remains inconclusive, cases of sporadic Creutzfeldt-Jakob disease (CJD) among hunters consuming infected meat have raised concerns.
  • More research is needed to understand the potential risks to humans.

ZSI Scientists Discover New Indo-Burmese Pangolin Species

  • The Zoological Survey of India (ZSI) has identified a new species of Indo-Burmese pangolin, Manis indoburmanica.
  • Using advanced genetic analysis, researchers found that this species diverged from the Chinese pangolin approximately 3.4 million years ago.
  • This discovery has significant implications for pangolin conservation and the biodiversity of the Indo-Burma region.

Obituaries News

Legendary Filmmaker David Lynch Passes Away

  • Renowned director and writer David Lynch passed away at the age of 78. Known for his surreal cinematic style and exploration of the subconscious, Lynch made a lasting impact on the film industry.
  • His career, spanning six decades, included iconic works like the TV series Twin Peaks and multiple Academy Award nominations.
  • Lynch’s contributions to cinema, especially in the psychological thriller and horror genres, remain celebrated worldwide.

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