Daily Current Affairs 8th Feb 2025

Daily Current Affairs 8th Feb 2025: Your guide for daily General Knowledge Preparation

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This post contains daily current affairs 8th Feb 2025. It includes all National, International, Business & Sports related current affairs 8th 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 8th Feb, 2025 Current affairs test.

National News

Odisha Govt Unveils ‘Bikashita Gaon’ Scheme for Rural Development

• Odisha Chief Minister Mohan Charan Majhi introduced the ‘Bikashita Gaon Bikashita Odisha’ (BGBO) scheme in Jankia, Khordha district.
• The initiative is aimed at strengthening rural infrastructure across the state.
• The government has allocated a ₹5,000 crore budget for the next five years.
• The scheme focuses on road connectivity, civic amenities, education, and micro-tourism development.
• The ruling BJP-led government ensures that development remains apolitical.
• This program follows earlier schemes like ‘Ama Gaon Ama Bikash’ (2018) and ‘Ama Odisha Naveen Odisha’ (2023) but with better financial backing and implementation.

India Attains 100 GW Solar Power Capacity

• India has successfully installed 100 GW of solar power capacity, marking a significant milestone in renewable energy.
• This achievement brings the country closer to its clean energy transition and reduction in fossil fuel dependence.
• Union Minister Pralhad Joshi made the announcement, emphasizing India’s progress in meeting its renewable energy targets.

Business News

Zomato Rebrands as ‘Eternal’: A Major Corporate Transformation

• Zomato, a leader in food delivery and restaurant discovery, has officially rebranded itself as ‘Eternal’, effective February 6, 2025.
• The renaming reflects the company’s efforts to unify its growing business ventures.
• The company will continue its core food delivery operations under the Zomato brand.

Key Highlights of Rebranding

• Internal Use: The company had been internally using ‘Eternal’ for over two years before making it official.
• Diversification: Zomato has expanded beyond food delivery, entering new business verticals.
• Purpose of Rebranding: The shift aligns with the company’s long-term growth strategy and brand unification.
• Investor Confidence: The move is expected to boost investor trust and market positioning.

Eternal Ltd’s Four Key Business Units

About Zomato

• Founders: Deepinder Goyal, Akriti Chopra, Pankaj Chaddah, Gunjan Patidar.
• Established: July 2008.
• Former Name: FoodieBay (2008–2010).
• Headquarters: Gurugram, Haryana, India.

RBI Approves Tata Communications’ Payment Arm Sale to Findi

• The Reserve Bank of India (RBI) has approved Tata Communications’ proposal to sell its payment arm, Tata Communications Payment Solutions Ltd (TCPSL).
• The buyer is Transaction Solutions International (TSI), the Indian arm of Australian fintech company Findi.
• The deal was first announced in November 2024 and is valued at ₹330 crore, with an additional ₹75 crore contingent on interchange rate changes.

RBI’s Monetary Policy 2025: Repo Rate Cut to 6.25% After Two Years

• The Monetary Policy Committee (MPC), consisting of six members, decided to reduce the repo rate from 6.50% to 6.25% after two years.
• The decision was driven by easing retail inflation and slowing economic growth.
• The 53rd MPC meeting was held between February 5-7, 2025, chaired by Shri Sanjay Malhotra.
• The move aims to balance economic growth while managing inflation and global trade pressures.

International News

India Recognized on UN Honour Roll for Timely Budget Payment

• India has been placed on the United Nations (UN) Honour Roll for timely payment of its assessed contributions.
• On January 31, 2024, India paid USD 32.895 million to the UN regular budget.
• The recognition reinforces India’s commitment to financial responsibility in global cooperation.

International Buddhist Confederation to Launch ‘Triservices Trek’

• The International Buddhist Confederation (IBC) is organizing a Lord Buddha Trination Triservices Expedition.
• The motorcycle expedition will unite the armed forces of India, Nepal, and Sri Lanka.
• It will commence from Lumbini, Nepal (Lord Buddha’s birthplace) and conclude in Galle, Sri Lanka, covering important Buddhist heritage sites.

Pakistan Collaborates with China on Chang’e-8 Lunar Mission

• Pakistan’s space agency SUPARCO has partnered with China National Space Administration (CNSA) for the Chang’e-8 lunar mission, set for 2028.
• This marks Pakistan’s first major lunar exploration venture.
• Pakistan will deploy an indigenous rover on the Moon’s south pole as part of China’s International Lunar Research Station (ILRS) project.

Science & Technology

India to Launch Chandrayaan-4 in 2027 for Moon Sample Return

• Science & Technology Minister Jitendra Singh announced that India will launch the Chandrayaan-4 mission in 2027.
• The mission will aim to bring back moon rock samples for research.
• It will require two LVM-3 rocket launches to transport and assemble five components in orbit.

Upcoming Space Missions & Initiatives

• Gaganyaan Mission (2026): India’s first crewed space mission to low-Earth orbit.
• Samudrayaan Mission (2026): Manned deep-sea exploration reaching depths of 6,000 meters.
• Uncrewed Gaganyaan Mission (2025): To be conducted this year, featuring the robot Vyommitra.
• Infrastructure Expansion:
  • A third launch pad is under construction for heavier rockets.
  • A new launch site in Tamil Nadu’s Tuticorin is being developed for small satellites.
• India’s space economy is currently valued at $8 billion and is projected to reach $44 billion in the next decade.

About the Ministry of Science & Technology

• Cabinet Minister: Dr. Jitendra Singh.

MoUs & Agreements

Amazon & CleanMax Sign PPA for 100 MW Renewable Energy Project

• Amazon has partnered with CleanMax, a leading renewable energy provider, for a 100 MW wind energy project.
• The project will contribute to Amazon’s sustainability goals and support India’s transition to clean energy.
• CleanMax, backed by Brookfield, will develop and operate the wind farm.

Books & Authors

Omar Abdullah Releases ‘Hearts and Heroes’ by Kulbhushan Kumar

• Jammu & Kashmir Chief Minister Omar Abdullah launched the book ‘Hearts and Heroes: Lives that Shaped Us’.
• The author, Kulbhushan Kumar, is a JKAS officer serving as Director of Finance in Disaster Management, Relief & Rehabilitation Department.
• The book release event was held at the Civil Secretariat in Jammu in the presence of colleagues and well-wishers.

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