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February 26, 2025

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🇮🇳 National News

PM Modi Inaugurates Global Investors Summit 2025 in Bhopal

Prime Minister Narendra Modi inaugurated the Global Investors Summit 2025 in Bhopal, Madhya Pradesh, unveiling 18 new industrial policies to position the state as a major investment destination.

Key Highlights:

  • Venue – Bhopal, Madhya Pradesh
  • Policy Announcement – 18 new industrial policies unveiled
  • Focus – Making Madhya Pradesh a major investment hub
  • Strategic Sectors – Aerospace and manufacturing emphasized
🌍 Global Economic Outlook

PM Modi cited positive economic forecasts from World Bank, OECD, and UN, highlighting India’s growing role in global supply chains.

Objectives:

  • Attract foreign direct investment (FDI) and domestic capital
  • Strengthen India’s position in global manufacturing
  • Promote state-level industrial growth
  • Create employment opportunities in aerospace and allied sectors

Significance: Investor summits are critical platforms for states to showcase investment opportunities, improve ease of doing business, and accelerate economic development.

Madhya Pradesh Records Highest Vulture Population in India

Madhya Pradesh has reported the largest vulture population in India, with a recent census counting 12,981 vultures across the state.

Census Details:

  • State – Madhya Pradesh
  • Total Count – 12,981 vultures
  • Conducted By – State Forest Department
  • Significance – Highest in India
🦅 Why Vultures Matter

Vultures are critical scavengers that maintain ecological balance by disposing of carcasses, preventing disease spread, and supporting nutrient recycling in ecosystems.

Conservation Context:

  • India runs dedicated conservation programs for endangered vulture species
  • Vulture populations declined drastically due to diclofenac drug use in livestock
  • Conservation efforts include vulture safe zones and captive breeding programs
  • MP’s success demonstrates effective wildlife conservation measures

Key Vulture Species in India: White-rumped vulture, Indian vulture, Slender-billed vulture (all critically endangered).

Exam Focus: Madhya Pradesh → 12,981 vultures → Highest in India.

NITI Aayog Forms Committee to Transform AIIMS

NITI Aayog formed a high-level committee to transform AIIMS New Delhi into a globally recognized centre of excellence in healthcare and medical research.

Committee Details:

  • Formed By – NITI Aayog (National Institution for Transforming India)
  • ChairmanVK Paul, Member, NITI Aayog
  • Target Institution – AIIMS New Delhi
  • Objective – Transform into global centre of excellence

Committee Mandate:

  • Review Healthcare Systems – Assess current infrastructure and capabilities
  • Recommend Reforms – Propose structural and operational improvements
  • Set Timelines – Establish implementation schedule for reforms
  • Global Standards – Align with international best practices
🏥 About AIIMS and NITI Aayog

AIIMS (All India Institute of Medical Sciences) is India’s apex medical institution under the Ministry of Health and Family Welfare.

NITI Aayog is India’s premier policy think tank, replacing the Planning Commission, responsible for strategic and long-term policy planning.

Strategic Alignment: This initiative aligns with India’s push for healthcare infrastructure development and medical research self-reliance under the Atmanirbhar Bharat vision.

Exam Focus: VK Paul → Heads AIIMS transformation committee → NITI Aayog.

IIMCAA Awards 2025 Held in New Delhi

The 9th edition of IIMC Alumni Association Awards (IIMCAA 2025) was held in New Delhi, celebrating excellence in journalism, media, and public service.

Event Details:

  • Edition – 9th IIMCAA Awards
  • Year – 2025
  • Location – New Delhi
  • Focus – Excellence in journalism, media, and public service

Key Awardees:

  • Alumni of the YearNeelesh Misra and Anshu Gupta
  • Special Recognition – Around 80 alumni from Silver Jubilee batch honored
📰 About IIMC

IIMC (Indian Institute of Mass Communication) is India’s premier media and communication institute, established in 1965. It operates under the Ministry of Information and Broadcasting.

About the Awardees:

  • Neelesh Misra – Renowned storyteller, author, and journalist
  • Anshu Gupta – Social entrepreneur and founder of Goonj (Magsaysay Award winner)

Exam Focus: Neelesh Misra & Anshu Gupta → IIMCAA Alumni of the Year 2025.

Kannada Book ‘Heart Lamp’ Longlisted for International Booker Prize 2025

‘Heart Lamp’ by Kannada author Banu Mushtaq, translated into English by Deepa Bhasthi, became the first-ever Kannada book to be longlisted for the prestigious International Booker Prize 2025.

Book Details:

  • Title – Heart Lamp
  • Author – Banu Mushtaq
  • Translator – Deepa Bhasthi
  • Original Language – Kannada
  • Historic Achievement – First Kannada book longlisted for International Booker
🏆 About International Booker Prize

The International Booker Prize recognizes the finest works of translated fiction from around the world. The prize money of £50,000 is equally shared between the author and translator.

2025 Longlist Highlights:

  • Total Books – 13 books from 15 nationalities
  • Debut Appearances – Kannada and Romanian languages
  • Shortlist Date – April 8, 2025
  • Winner Announcement – May 20, 2025

Significance: This recognition puts Kannada literature on the global literary map and highlights the richness of regional Indian languages in contemporary fiction.

Exam Focus: ‘Heart Lamp’ → Banu Mushtaq → First Kannada book → International Booker Prize longlist.

Prakriti 2025: International Conference on Carbon Markets

Prakriti 2025, India’s first International Conference on Carbon Markets, was held in New Delhi in February 2025, bringing together over 600 participants to discuss India’s evolving carbon market strategy.

Conference Details:

  • Name – Prakriti 2025
  • Theme – International Conference on Carbon Markets
  • Location – New Delhi
  • Organized By – Bureau of Energy Efficiency (BEE), Ministry of Power
  • Participants – Over 600 attendees
💡 What are Carbon Markets?

Carbon markets enable the trading of emission reduction credits, allowing companies to buy and sell carbon credits to meet their emissions targets. This market-based mechanism incentivizes emission reductions and supports climate action.

Focus Areas:

  • India’s Carbon Market Roadmap – Framework development and implementation
  • Climate Strategy – Alignment with net-zero commitments
  • Policy Framework – Regulatory mechanisms for carbon trading
  • International Cooperation – Global best practices and partnerships

About BEE: The Bureau of Energy Efficiency is a statutory body under the Ministry of Power, responsible for implementing energy efficiency policies and programs in India.

Exam Focus: Prakriti 2025 → First carbon markets conference → Organized by BEE → New Delhi.

Namita Gokhale Releases ‘Life on Mars’

Renowned Indian author Namita Gokhale released her new collection ‘Life on Mars: Collected Stories’ in January 2025, featuring 15 short stories exploring themes of love, destiny, mythology, and human relationships.

Book Details:

  • Title – Life on Mars: Collected Stories
  • Author – Namita Gokhale
  • Release Date – January 2025
  • Number of Stories – 15 short stories
  • Composition – Mix of new and previously published works

Themes Explored:

  • Love – Various dimensions of romantic and familial love
  • Destiny – Fate and human agency
  • Mythology – Indian mythological references and retellings
  • Human Relationships – Complex interpersonal dynamics
📚 About Namita Gokhale

Namita Gokhale is a noted contemporary Indian author, publisher, and co-founder of the Jaipur Literature Festival. She has written numerous novels and works of non-fiction exploring Indian culture, mythology, and society.

Exam Focus: Namita Gokhale → ‘Life on Mars: Collected Stories’ → Released January 2025.

🌐 International News

Cali Fund Launched at CBD COP16

The Cali Fund was launched at the 16th Conference of Parties (COP16) of the Convention on Biological Diversity (CBD) held in Rome, Italy, to secure financial contributions for biodiversity conservation.

Event Details:

  • Fund Name – Cali Fund
  • Launched At – CBD COP16
  • Location – Rome, Italy
  • Conference – 16th Conference of Parties to the Convention on Biological Diversity

Objectives:

  • Secure financial contributions from companies benefiting from genetic resources
  • Support global biodiversity conservation efforts
  • Ensure fair and equitable sharing of benefits from genetic resources
  • Mobilize private sector funding for conservation
🌍 Kunming-Montreal Global Biodiversity Framework

The Cali Fund is aligned with the Kunming-Montreal Global Biodiversity Framework (KMGBF), which sets ambitious global targets to halt and reverse biodiversity loss by 2030.

About CBD:

  • Full Name – Convention on Biological Diversity
  • Type – UN treaty focused on biodiversity conservation
  • Objectives – Conservation of biodiversity, sustainable use of its components, fair sharing of genetic resource benefits

Significance: The Cali Fund represents a new financing mechanism to ensure that companies using genetic resources contribute to their conservation, creating a sustainable funding stream for biodiversity protection.

Exam Focus: Cali Fund → Launched at CBD COP16 → Rome, Italy → Biodiversity financing.

🔬 Science & Technology

India Releases First Detailed Geological Map of Moon’s South Pole

India released the first detailed geological map of the Moon’s south pole using data from the historic Chandrayaan-3 mission, providing unprecedented insights into lunar topography and geological history.

Map Details:

  • Region Covered – Moon’s south pole
  • Data Source – Chandrayaan-3 mission
  • First-of-its-kind – Most detailed geological map of this region

Collaborative Effort:

  • Physical Research Laboratory (PRL) – Ahmedabad
  • Panjab University – Chandigarh
  • ISRO’s Laboratory for Electro-Optics Systems (LEOS)
🚀 Chandrayaan-3 Achievement

Chandrayaan-3 successfully landed near the Moon’s south pole on August 23, 2023, making India the first country to achieve a soft landing in this challenging region and the fourth nation to land on the Moon.

Insights Provided:

  • Topography – Surface elevation and terrain features
  • Crater Analysis – Impact crater distribution and characteristics
  • Geological History – Understanding of lunar formation and evolution
  • Resource Potential – Identification of areas with water ice and minerals

Future Applications: This map will support future lunar missions, site selection for permanent bases, and resource utilization planning for sustained lunar exploration.

Exam Focus: India → First detailed geological map of Moon’s south pole → Chandrayaan-3 data.

Pixxel Launches India’s First Hyperspectral Satellites

Bengaluru-based space startup Pixxel launched three hyperspectral imaging satellites as part of its Firefly constellation project, marking a milestone in India’s commercial space capabilities.

Launch Details:

  • Company – Pixxel (Bengaluru-based startup)
  • Satellites – Three hyperspectral imaging satellites
  • Project Name – Firefly constellation
  • Launch Site – Vandenberg Space Force Base, California, USA
  • Mission – SpaceX Transporter-12 rideshare
  • Integration Partner – Exolaunch
🛰️ What is Hyperspectral Imaging?

Hyperspectral imaging captures data across multiple spectral bands (hundreds of narrow wavelength bands), enabling detailed analysis of surface composition, vegetation health, mineral detection, and environmental monitoring that conventional satellites cannot provide.

Applications:

  • Environmental Monitoring – Track pollution, deforestation, and climate change impacts
  • Agriculture – Assess crop health, soil conditions, and water stress
  • Resource Management – Mineral exploration and water resource mapping
  • Disaster Response – Monitor natural disasters and assess damage

Significance: This launch positions India in the advanced satellite imaging market and demonstrates the growing capabilities of India’s private space sector.

Exam Focus: Pixxel → Three hyperspectral satellites → Firefly constellation → Vandenberg launch.

💼 Business & Economy

TRIFED Signs MoUs with NIFT and HPMC

TRIFED (Tribal Cooperative Marketing Development Federation of India) signed Memorandums of Understanding with NIFT and HPMC to promote tribal handicrafts and expand market reach for tribal products.

MoU Partners:

  • NIFT – National Institute of Fashion Technology
  • HPMC – Hindustan Petroleum Marketing Corporation (implied – for market expansion)

Objectives:

  • NIFT Partnership – Promote tribal handicrafts and textiles, design innovation
  • HPMC Partnership – Expand market reach of tribal products
  • Empower Tribal Entrepreneurs – Build capacity and create sustainable livelihoods
  • Preserve Heritage – Support traditional crafts and skills
🎨 About TRIFED

TRIFED operates under the Ministry of Tribal Affairs and promotes tribal products through its “Tribes India” brand. It works to improve income generation for tribal artisans by providing market linkages and development support.

Expected Benefits:

  • Enhanced design and quality of tribal products
  • Improved market access through NIFT’s industry connections
  • Wider distribution network through HPMC
  • Economic empowerment of tribal communities

Exam Focus: TRIFED → MoUs with NIFT & HPMC → Tribal product promotion.

Paytm Launches Solar Soundbox for Small Merchants

Paytm launched the Solar Soundbox on February 20, 2025, a solar-powered payment notification device designed for hawkers, street vendors, and small shopkeepers.

Product Details:

  • Name – Paytm Solar Soundbox
  • Launch Date – February 20, 2025
  • Power Source – Solar-powered
  • Target Users – Hawkers, street vendors, small shopkeepers

Key Features:

  • Solar Charging – Reduces dependency on electricity
  • Payment Notifications – Audio alerts for successful transactions
  • Portable Design – Easy to use for mobile vendors
  • Cost-Effective – Lower operational costs without electricity needs
🌞 Sustainability in Fintech

The solar-powered feature makes this device especially useful in rural and remote areas where electricity access may be limited or unreliable, supporting financial inclusion while promoting sustainable technology.

Benefits:

  • Enables digital payments in areas with poor electricity infrastructure
  • Supports small merchants in adopting cashless transactions
  • Reduces operational costs for vendors
  • Promotes environmental sustainability through solar technology

Strategic Impact: This innovation supports India’s digital payment ecosystem while addressing the practical challenges faced by small merchants, particularly in rural areas.

Exam Focus: Paytm Solar Soundbox → Launched Feb 20, 2025 → Solar-powered payment device.

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Prashant Chadha

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