Daily Current Affairs

HDFC Bank launched Project HAKK (Hawai Anubhavi Kalyan Kendra). Objective: Provide financial assistance and essential services to Indian Air Force (IAF) pensioners, veterans, and their families.

An MoU was signed with the Indian Air Force (IAF), represented by the Assistant Chief of Air Staff – Accounts & Air Veterans, along with CSC Academy.

Under the initiative, 25 dedicated centres will be established across various Air Force units.

Locations mentioned: New Delhi, Bengaluru, Gurgaon, Pune, Secunderabad, Guwahati, Jodhpur, Chandigarh

Why it matters: Highlights banking-led service support for defence veterans through dedicated touchpoints.

Inland Waterways Authority of India (IWAI) signed an MoU with the Jammu & Kashmir (J&K) government. Goal: Boost river cruise tourism in the Union Territory.

Signed at the Chintan Shivir event in Srinagar. Signed in the presence of Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal.

Objective: Leverage J&K’s natural water resources for tourism and economic development.

Indian footballer Sunil Chhetri announced his return from international retirement. Age: 40

Purpose: Support India in upcoming FIFA friendly matches scheduled for March 2025.

The AIFF confirmed the comeback and described it as a major morale booster for the team.

Razorpay, a Bengaluru-based fintech, announced expansion into Singapore. This is its second international presence, after its first expansion into Malaysia.

The move aligns with Singapore’s strategy for a cashless and innovation-driven economy. Southeast Asia is seeing rapid growth in digital payments, with Singapore emerging as a key hub.

Razorpay’s AI-powered solutions are expected to reduce cross-border transaction costs by 30-40%.

Union Minister for Communications Jyotiraditya M. Scindia represented India at Mobile World Congress (MWC) 2025 in Barcelona, Spain.

Focus points highlighted:

• India’s rapid 5G expansion
• World’s lowest data tariffs
• Indigenous telecom infrastructure development
• A strong cybersecurity framework for secure digital connectivity

During the event, he interacted with global telecom leaders, delivered key speeches on India’s telecom advancements, and inaugurated the Bharat Pavilion showcasing India’s telecom innovations.

Amul ranked 3rd most valued brand in the YouGov India Value Rankings 2025. It is the only FMCG brand in the top three.

The other top-three brands listed: Amazon and Flipkart.

The ranking highlights:

• Amul’s cooperative model ensuring fair pricing for farmers
• Affordable and high-quality dairy products
• Strong consumer brand loyalty and reputation

Federal Bank named Vidya Balan as its first-ever brand ambassador. The announcement took place at a special event in Mumbai.

She received a commemorative memento from K.V.S. Manian, MD & CEO of Federal Bank. The collaboration is part of the bank’s strategy to boost brand awareness and market presence.

Badminton star Saina Nehwal partnered with Naarica. Role: Strategic investor and brand ambassador.

Naarica works in menstrual hygiene. The mission stated: redefine intimate wear and promote high-performance, sustainable menstrual care products for women in India.

International Women’s Day (IWD) 2025 is observed globally on 8th March 2025.

Historical milestones:

• 1869: Susan B. Anthony and Elizabeth Cady Stanton established the National Women’s Suffrage Association
• Clara Zetkin proposed an annual Women’s Day celebration, leading to the first official observance in 1911

The day focuses on recognising women’s achievements and promoting gender equality.

Musician Roy Ayers passed away at the age of 84. He was a prominent figure in jazz, soul, and funk. He influenced the 1990s acid jazz movement and the nu-soul genre.

He is widely known for “Everybody Loves the Sunshine”.

The track was:

• Covered by artists including D’Angelo and Mary J. Blige
• Sampled by contemporary musicians such as Tyler, the Creator