Current Affairs One-liners — 07 February 2025

Fri, 07 Feb 2025

• The RBI's Monetary Policy Committee, in its first meeting under Governor Sanjay Malhotra, unanimously cut the policy repo rate by 25 basis points to 6.25% on 7 February 2025.
• The Ministry of New and Renewable Energy said on 7 February 2025 that India's installed solar capacity had reached 100.33 GW as of 31 January 2025, up from 2.82 GW in 2014.
• The Union Cabinet on 7 February 2025 approved continuing and restructuring the Skill India Programme till 2026 with an outlay of ₹8,800 crore for 2022-23 to 2025-26.
• The Union Cabinet on 7 February 2025 gave ex-post facto approval to retain the Waltair division in truncated form, renamed Visakhapatnam division, under the new South Coast Railway zone.
• Kerala Finance Minister K.N. Balagopal presented the State Budget for 2025-26 in the Assembly on 7 February 2025, raising basic land tax rates by 50% and announcing ₹750 crore for the first phase of Wayanad landslide rehabilitation.
• The RBI announced on 7 February 2025 an exclusive 'bank.in' internet domain for Indian banks to curb phishing and digital payment fraud, with IDRBT as the exclusive registrar.
• DRDO on 7 February 2025 released redefined research verticals and thrust areas for its Industry Academia – Centres of Excellence, redesigning 65 verticals across 15 centres into 82.
• The Narcotics Control Bureau dismantled a drug network in Mumbai, seizing 11.54 kg of high-grade cocaine, 4.9 kg of hydroponic ganja and 5.5 kg of cannabis gummies, the Home Ministry said on 7 February 2025.
• The Indian Navy said on 7 February 2025 that TROPEX-25, its biennial capstone Theatre Level Operational Readiness Exercise, was underway in the Indian Ocean Region from January to March 2025.
• Kameshwar Choupal, senior BJP leader and a trustee of the Shri Ram Janmabhoomi Teerth Kshetra Trust, died; PM Narendra Modi condoled his demise on 7 February 2025.
• Minister of State Rao Inderjit Singh inaugurated the national event marking 75 years of the National Sample Survey at Vigyan Bhawan, New Delhi, on 7 February 2025.
• Aadhaar holders carried out more than 284 crore authentication transactions in January 2025, a rise of over 32% from January 2024, the Ministry of Electronics and IT said on 7 February 2025.
• Researchers developed a technique using a radioactive source to study radiation effects on Gas Electron Multiplier (GEM) detectors, the Ministry of Science and Technology said on 7 February 2025, a step for India's role in the FAIR project in Germany.