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Weekly Short Notes (10th to 13th March)

The document outlines various appointments, banking initiatives, and national news updates, highlighting significant figures like Vidya Balan as Federal Bank's brand ambassador and the launch of HDFC Bank's 'Project HAKK' for IAF veterans. It also mentions India's victory in the ICC Champions Trophy 2025 and the establishment of Madhav National Park as the 58th Tiger Reserve. Additionally, it includes rankings of brands and notable awards received by individuals such as PM Modi.
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0% found this document useful (0 votes)
17 views

Weekly Short Notes (10th to 13th March)

The document outlines various appointments, banking initiatives, and national news updates, highlighting significant figures like Vidya Balan as Federal Bank's brand ambassador and the launch of HDFC Bank's 'Project HAKK' for IAF veterans. It also mentions India's victory in the ICC Champions Trophy 2025 and the establishment of Madhav National Park as the 58th Tiger Reserve. Additionally, it includes rankings of brands and notable awards received by individuals such as PM Modi.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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1.

Appointments & Resignations

 Vidya Balan appointed as Federal Bank’s first-ever brand ambassador.


 Other recent brand ambassador appointments:
o PV Sindhu – PUMA India
o Ayushmann Khurrana – FICCI Frames 25th anniversary
o Amitabh Bachchan – KRBL Ltd’s India Gate brand
o Muttiah Muralitharan – Reliance’s Sports hydration drink ‘Spinner’
o Diljit Dosanjh – Levi’s
o Shubman Gill – MRF Tyres
 Rajeev Shukla replaced Jay Shah as ACC Executive Board Member.
 Ashish Shelar appointed as BCCI representative on ACC Board.
 Shammi Silva (Sri Lanka Cricket Board chief) appointed as ACC President,
replacing Jay Shah.
 Eyal Zamir appointed as Israel’s 24th Military Chief, replacing Lt. Gen. Herzi
Halevi.

2. Banking/Finance/Economy

 HDFC Bank launched ‘Project HAKK’ (Hawai Anubhavi Kalyan Kendra) to


support IAF veterans & their families.
o 25 centers to be set up across IAF units.
o Offers G2C (Government-to-Citizen) & B2C (Business-to-Customer)
services.
 SIDBI & Federal Bank signed MoU to provide financial support to MSMEs,
including:
o Project financing, Machinery loans, Working capital, Loans against
property.
 SBI Life Insurance launched 2 child insurance plans:
1. Smart Future Star – Ensures corpus growth & premium waiver in case of
proposer’s death.
2. Smart Platina Young Achiever – Offers guaranteed maturity benefits for
education & career.
 SEBI's total income increased 48% (₹2,075 crore in 2023-24).
o ₹1,851.5 crore earned from fees.
o ₹192.41 crore earned from investments.

3. MoUs & Agreements

 DPIIT & Mercedes-Benz India signed MoU to boost:


o Manufacturing, Road Safety, and Sustainability.
o Supports startups, innovators, and entrepreneurs.
 IWAI & J&K Government signed MoU to promote river cruise tourism.
o Covers Rivers Chenab, Jhelum & Ravi.
o Budget: ₹100 crore for development.

4. National News

 NITI Aayog & India SME Forum launched ‘A Million Women Arise’ initiative.
o Supports women-led MSMEs (which constitute 35% of India's 6 crore
MSMEs).
 Bangalore City University to be renamed after Dr. Manmohan Singh.
o Dr. Singh passed away on Dec 26, 2024, at age 92.
o First university in India to be named after him.

5. Sports News

 Brandon Holt won Bengaluru Open ATP 125 Challenger Title, defeating Shintaro
Mochizuki 6-3, 6-3.
 Anirudh Chandrasekar & Ray Ho won doubles title at Bengaluru Open.
 Bengaluru Open had $200,000 prize money and was the last ATP Challenger event
in India for 2025.

6. Awards & Honours

 PM Narendra Modi received ‘Honorary Order of Freedom of Barbados’, one of


the highest national honors.
o Announced by Barbados PM Mia Mottley in Nov 2024.
o Received by Union MoS Pabitra Margherita on behalf of PM Modi.
 Other recent awards:
o Sunil Bharti Mittal – Knight Commander of the British Empire (KBE).
o Liu Jiakun (China) – Pritzker Architecture Prize 2025.
o Nithin Kamath (Zerodha) – EY Entrepreneur of the Year 2024.

7. Defence News

 ‘Sea Dragon 2025’ Naval Exercise held at Guam (Western Pacific).


o Participating nations: USA, India, Japan, Australia, South Korea.
o 5th edition of the exercise.
 Other Defence Exercises:
o ‘Dharma Guardian 2025’ – India & Japan, held at Mount Fuji.
o ‘Desert Hunt 2025’ – Indian Air Force, held at Jodhpur.
8. Books & Authors

 Daggubati Venkateswara Rao launched his book ‘Prapancha Charitra’ (in


Telugu).
 Other Recent Books:
o ‘I Am a Soldier’s Wife’ – Geetika Lidder.
o ‘I Am?’ – Gopichand P. Hinduja.
o ‘Life on Mars: Collected Stories’ – Namita Gokhale.

9. Festivals & Fairs

 President Droupadi Murmu inaugurated ‘Vividhta Ka Amrit Mahotsav’ at


Rashtrapati Bhavan.
o Focused on Southern states (Karnataka, Kerala, Tamil Nadu, Telangana,
Andhra Pradesh).
o Organized by: Ministry of Culture, Textiles, Tribal Affairs & Tourism.
 Other Recent Festivals:
o Kashi Tamil Sangamam 3.0 – Varanasi, UP.
o World’s Largest Jhumur Dance Performance – Assam.
o 51st Khajuraho Dance Festival – Madhya Pradesh.

10. Important Days

 March 7 – Jan Aushadhi Diwas 2025 (Started in 2019).


 March 3 – World Wildlife Day (Theme: ‘Wildlife Conservation Finance’).
 March 6 – National Dentist’s Day 2025.
 March 5 – International Disarmament & Non-Proliferation Awareness Day
1. Rankings & Reports

Glass-Ceiling Index 2025 (By The Economist)

 The report evaluates 29 countries on gender equality in the workplace.


 Top 5 Best Countries for Working Women:
1. Sweden
2. Iceland
3. Finland
4. Norway
5. Portugal
 Bottom 3 Countries:
o Japan (27th), South Korea (28th), Turkey (29th)
 Key Highlights:
o 34% women in parliaments globally (OECD data)
o 33% women on corporate boards worldwide
o Labor force participation: Women 66.6%, Men 81%

LIC Ranked 3rd Strongest Insurance Brand (By Brand Finance)

 Brand Strength Index (BSI) Score: 88/100


 Top 3 Insurance Brands:
1. PZU (Poland) – BSI: 94.4
2. China Life Insurance – BSI: 93.5
3. LIC (India) – BSI: 88
 LIC’s Global Ranking:
o 12th most valuable insurance brand
o SBI Life ranks 76th
o Medibank (Australia) is ranked 100th
 Overall brand value of top 100 insurance brands grew by 9% in 2025.

2. Appointments & Resignations

Key Appointments

 Vikas Kaushal appointed CMD of Hindustan Petroleum Corporation Limited


(HPCL) for 5 years.
o Replaces: Rajneesh Narang (Director-Finance)
o HPCL Established: 1974 | HQ: Mumbai
 Sumant Kathpalia gets a 1-year extension as CEO of IndusInd Bank.
o HQ: Pune | Established: 1994
o Tagline: We Make You Feel Richer
 Dr. Himanshu Pathak appointed Director-General (DG) of ICRISAT.
o Replaces: Dr. Jacqueline d'Arros Hughes
o ICRISAT is the only International Agricultural Research Center in India.
o HQ: Hyderabad
 Anju Rathi Rana becomes India’s First Woman Law Secretary.
o Tenure: 2 years or until further orders.
o Replaces: Niten Chandra.

3. Banking & Economy

India’s GDP Projection (By ICRA)

 FY 2025-26: 6.5%
 FY 2024-25: 6.3%

Bank of India (BOI) Signs MoU with Indian Army

 Objective: Extend the ‘Rakshak Salary Package’ benefits to Army personnel,


veterans, and Agniveers.
 Key Benefits:
o Free Personal Accident Insurance (PAI) up to ₹1 Cr.
o Air accident coverage up to ₹2 Cr.
 BOI Established: 1906 | HQ: Mumbai
 MD & CEO: Rajneesh Karnatak
 Tagline: Relationship Beyond Banking

4. Mergers & Acquisitions

Jio Financial Services Acquires SBI’s Stake in Jio Payments Bank

 Acquirer: Jio Financial Services Limited (JFSL)


 Target: Jio Payments Bank Limited (JPBL)
 Stake Acquired: 17.8%
 Cost: ₹104.5 Cr
 Approval: Pending RBI clearance
 Post Acquisition: JPBL will become wholly owned by JFSL.

5. National News

GSI Celebrates 175th Foundation Day (4th March 2025)

 Location: Kolkata, West Bengal


 Chief Guest: Union Minister G. Kishan Reddy
 New Initiatives Launched:
1. Field Data Acquisition App – To improve efficiency in geological data
collection.
2. Geo-Heritage App ‘Bhuvirasat’ – To promote India's geological heritage.
 GSI Established: 1851 | HQ: Kolkata
 Director General: Asit Saha

6. International News

Trump Announces Reciprocal Tariffs on India (Effective from April 2)

 Target Countries: India, China, EU, Brazil, Mexico, Canada.


 US Trade Deficit with India: Increased 5.4% to $45.7 billion (2024).
 Total US-India Trade (2024): $129.2 billion.
 Key Sector Targeted: Automobile Industry (India charges 100%+ tariffs on US
cars).

7. Sports News

ICC Champions Trophy 2025 – India Wins!

 Final: India vs. New Zealand


 Venue: Dubai International Cricket Stadium
 India’s Score: 252/6 (chased 252 runs)
 New Zealand’s Toss Decision: Opted to Bat
 India’s Previous Titles:
o 2002 (Shared with Sri Lanka)
o 2013 (Defeated England)
 Awards:
o Player of the Series: Rachin Ravindra (New Zealand)
o Most Runs: Rachin Ravindra (263)
o Most Wickets: Matt Henry (10)
o Player of the Match (Final): Rohit Sharma

Sunil Chhetri Returns to Indian National Football Team at 40

 Had retired in June 2024 after a World Cup Qualifier vs. Kuwait.
 Coach Manolo Marquez convinced him to return for AFC Asian Cup 2027.
 Chhetri’s Record:
o 94 International Goals (4th Highest in History).
o Debut in 2005 vs. Pakistan.
o Played for Kansas City Wizards (USA) & Sporting CP B (Portugal).
o Mostly played for Bengaluru FC.
8. Awards & Honours

 Prof. Suman Chakraborty (IIT Kharagpur) wins UNESCO’s TWAS Award for
Low-Cost Medical Diagnostic Solutions.
o Prize: $10,000 + Commemorative Plaque.
 Sunil Bharti Mittal receives Knight Commander of the British Empire (KBE).
 PM Narendra Modi awarded Honorary Order of Freedom of Barbados.

9. Defense News

India-Kyrgyzstan Joint Special Forces Exercise ‘KHANJAR-XII’

 Held in: Kyrgyzstan


 Participants:
o India: Parachute Regiment (Special Forces)
o Kyrgyzstan: Scorpion Brigade
 Previous Edition: Held in Bakloh, Himachal Pradesh
 First Edition: 2011

10. Important Days

International Day of Women Judges (10th March 2025)

 First Female HC Judge in India: Anna Chandy (1937)


 First Female SC Judge in India: Justice Fathima Beevi (1989)

11. State/UT News

UP Adopts Digital Monitoring for Child Vaccination

 RISE App (Rapid Immunisation Skill Enhancement) launched for digital tracking.
 To be used by Nurses, ANMs, and Health Workers.

Assam Names Electronics City After Ratan Tata

 Location: Jagiroad, Assam


 Investment: ₹27,000 Cr for India's first semiconductor facility.
1. Rankings & Reports

Amul Ranked 3rd Most Valued Brand in India (YouGov India Value Rankings 2025)

 Published by: YouGov India


 Amul is the only FMCG brand in the top 3, alongside Amazon & Flipkart.
 EaseMyTrip recorded the highest growth (+5.8 points).
 Ranking covers six sectors:
o Airlines
o Consumer Electronics
o Automobiles
o General Insurance
o Travel Booking Platforms
o E-Commerce

Top 5 Brands in YouGov India Value Rankings 2025:

Rank Brand Score


1 Amazon 56.5
2 Flipkart 53.0
3 Amul 52.8
4 Tanishq 48.4
5 MakeMyTrip 45.4

2. Appointments & Resignations

Notable Appointments

Person Position
Takashi Nakajima President & CEO, Honda Cars India (Replaced: Takuya Tsumura)
Strategic Investor & Brand Ambassador of Naarica (Menstrual
Saina Nehwal
Hygiene Brand)
Justice Joymalya Judge of the Supreme Court of India (Potential future CJI in
Bagchi 2031)
Canada’s Prime Minister & Liberal Party Leader (Replaced:
Mark Carney
Justin Trudeau)

3. Banking & Finance

Bank of Baroda Launches ‘bob Global Women NRE & NRO Savings Account’

 First public sector bank to launch such an account.


 Key Features:
o Auto sweep facility for higher interest earnings.
o Concessional home & auto loan rates for women NRIs.
o First PSU bank to offer insurance coverage benefits in NRE/NRO savings
accounts.

SBI Launches ‘SBI Asmita’ – Collateral-Free Digital SME Loan

 For: Women Entrepreneurs.


 Features:
o No collateral needed.
o Digital loan processing.
o Comes with a ‘Nari Shakti’ Platinum Debit Card (RuPay).

4. MoUs & Agreements

Coal India Limited (CIL) & IIT Hyderabad MoU

 Objective: Establish CLEANZ (Centre of Clean Coal Energy and Net Zero) in
Telangana.
 Funding: CIL approved ₹98 crores over 5 years for this center.

5. National News

Madhav National Park Becomes India’s 58th Tiger Reserve

 Located in: Shivpuri district, Madhya Pradesh.


 Total Area: 1,751 sq km
o Core Area: 375 sq km
o Buffer Zone: 1,276 sq km
 Other Tiger Reserves in MP:
o Bandhavgarh, Kanha, Panna, Satpura, Pench, Sanjay, Veerangana
Durgavati, Ratapani.
 India is home to 70% of the world’s wild tigers (~3,682 tigers).

6. Sports

FIFA Banned Russia & Congo from 2026 FIFA World Cup

 Reason for Russia’s Ban: Ongoing geopolitical sanctions after Ukraine invasion.
 Reason for Congo’s Ban: Third-party interference in its football federation.
 Pakistan was also suspended due to administrative failures in football
governance.
Virat Kohli & Rohit Sharma Set New ICC Record

 Most ICC Final Appearances (9 times).


 Previous Record Holder: Yuvraj Singh (8 finals).
 Ravindra Jadeja also equaled Yuvraj’s record (8 finals played).

Top Players with Most ICC Final Appearances:

Player Finals Played


Virat Kohli & Rohit Sharma 9
Yuvraj Singh & Ravindra Jadeja 8
Mahela Jayawardene & Kumar Sangakkara 7

7. Awards & Honours

PM Modi Receives Mauritius' Highest Honour

 Award: ‘Order of the Star and Key of the Indian Ocean’.


 Fact: Modi is the first Indian and fifth foreign national to receive this honour.
 Other Recipients Include: Nelson Mandela (1998).

8. Defence

India Signs $248M Contract with Russia for T-72 Tank Engines

 Agreement between: India’s MoD & Rosoboronexport (RoE), Russia.


 Purpose: Procurement of 1000 HP engines for T-72 tanks.
 Technology Transfer: RoE to Armoured Vehicles Nigam Ltd (Chennai) for local
manufacturing.
 India operates ~2,500 T-72 tanks, currently running on 780 HP engines.

9. Important Days

Date Day Theme 2025


March 4- "Safety & Well-being Crucial for Viksit
National Safety Week
10 Bharat"
"For ALL Women and Girls: Rights. Equality.
March 8 International Women’s Day
Empowerment"
Date Day Theme 2025
International Day of
March 10 -
Women Judges

10. State News

Punjab Launches ‘Project Hifazat’ for Women & Child Safety

 Objective: Provide 24×7 Helpline Support for women & children.


 Dedicated Helplines:
o Women Helpline: 181.
o Child Helpline: 1098.
o Emergency Cases: ERSS-112 (Direct Police Response).
 Under ‘Mission Shakti’ & ‘Mission Vatsalya’.
1. Rankings & Reports

SIPRI Report 2024 (Stockholm International Peace Research Institute)

 Ukraine became the world’s largest arms importer (2020-2024), with imports
increasing 100-fold compared to 2015-2019.
 India ranked 2nd largest arms importer with a 9.3% decline in imports compared to
2015-2019.
 Top 5 Arms Importers (2020-2024):
1. Ukraine (8.8%) – Top suppliers: USA (45%), Germany (12%), Poland (11%).
2. India (8.3%) – Top suppliers: Russia (36%), France (33%), Israel (13%).
3. Qatar (6.8%) – USA (48%), Italy (20%), UK (15%).
4. Saudi Arabia (6.8%) – USA (74%), Spain (10%), France (6.2%).
5. Pakistan (4.6%) – China (81%), Netherlands (5.5%), Turkey (3.8%).
 Top 5 Arms Exporters (2020-2024):
1. USA (43%) – Major recipients: Saudi Arabia (12%), Ukraine (9.3%), Japan
(8.8%).
2. France (9.6%) – Major recipients: India (28%), Qatar (9.7%), Greece (8.3%).
3. Russia (7.8%) – Major recipients: India (38%), China (17%), Kazakhstan
(11%).
4. China (5.9%) – Major recipients: Pakistan (63%), Serbia (6.8%), Thailand
(4.6%).
5. Germany (5.6%) – Major recipients: Ukraine (19%), Egypt (19%), Israel
(11%).

2. Appointments & Resignations

Key Appointments

 Atul Kumar Goel appointed as Chief Executive of Indian Banks’ Association


(IBA).
o Replaced: Sunil Mehta.
o Past Roles: MD & CEO of PNB (2022-2024).
o IBA Chairman (2021-22 & 2022-23).
 Amitava Mukherjee appointed as CMD of NMDC Limited.
o Term: Until February 29, 2028 or further orders.

3. Banking, Finance & Economy

RBI’s 29th Standing Advisory Committee Meeting (Ahmedabad)

 Chaired by: Swaminathan J (Deputy Governor, RBI).


 Focus Areas:
o Strengthening institutional credit for MSMEs.
o Addressing financial challenges.
o Promoting digital solutions for better MSME access.
Project NAMAN MoU (HDFC Bank + Indian Army + CSC Academy)

 Objective: Provide doorstep services to Army veterans & families.


 Phase 1 (2023): CSCs established at 14 DIAV locations.
 Phase 2 (March 2025): Expansion to 26 DIAV locations across 11 states.

Star Health Insurance’s ‘SheTARA’ Campaign

 Launched in Tamil Nadu to promote women’s preventive healthcare.


 Encourages women to become insurance agents.
 Tamil Nadu employs 42% of India's women workforce (6.3 lakh women).

4. MoUs & Agreements

 India & Armenia signed 2 MoUs:


1. Between CDSCO (India) & CDMTE (Armenia): Medical product regulation.
2. Between Sushma Swaraj Institute & Armenia’s Diplomatic School:
Diplomatic training.

5. National News

 e-Shram Portal reached 30.68 crore registrations (53.68% women).


 13 government schemes integrated for workers' benefits.

6. Sports News

 India won the 2025 Asian Women’s Kabaddi Championship (5th title).
o Defeated Iran 32-25 in Tehran.
o Captain: Sonali Shingate.
o Past Titles: 2005, 2007, 2008, 2017.
 Harry Brook withdrew from IPL 2025.
o Reason: Focus on England’s upcoming series.
o Possible penalty: Two-year IPL ban.

7. Awards & Honors

 Dr. Suborno Bose received Lifetime Achievement in Hospitality & Education


Award.
 PM Modi honored with:
o ‘Honorary Order of Freedom of Barbados’.
o Mauritius’ highest honor ‘Grand Commander of the Order of the Star and
Key of the Indian Ocean’.

8. Defense News

 India & Bangladesh conducted ‘BONGOSAGAR’ & ‘CORPAT’ Exercise.


o 6th CORPAT & 4th BONGOSAGAR Exercise in the Bay of Bengal.
o Indian participant: INS Ranvir.
o Bangladesh participant: BNS Abu Ubaidah.
 ASTRA MK-III Missile Renamed 'Gandiva'.
o Range: 340 km at 20 km altitude, 190 km at 8 km altitude.
o To be deployed on: Sukhoi Su-30MKI, Tejas.

9. Summits & Conferences

 India chaired the 68th UN Commission on Narcotic Drugs session for the first
time.
o Chairman: Ambassador Shambhu S. Kumaran.
o Held at: Vienna, Austria.

10. Important Days

 No Smoking Day 2025 observed on 12th March (2nd Wednesday of March).

11. State News

 Assam to launch ‘ASSAMSAT’ satellite in collaboration with ISRO & IN-SPACe.


o Objective: Improve data access for socio-economic initiatives & border
surveillance

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