Weekly Current Affairs (2nd March to 8th March 2025)

Weekly Current Affairs (2nd March to 8th March 2025)

Weekly Current Affairs   /   Weekly Current Affairs (2nd March to 8th March 2025)

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Category : Business and economics Published on: March 09 2025

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  • Jio Financial acquires SBI's entire stake in Jio Payments Bank, making it a wholly-owned subsidiary.
  • EPFO recommends 8.25% interest rate for FY25, unchanged from FY24.
  • India's GDP growth rises to 6.2% in Q3 of FY 2024-25.
  • SBI Life appoints Dorababu Daparti as Deputy CEO, effective February 24, 2025.
  • Lulu Group Wins Sheikh Mansour Bin Zayed Agricultural Excellence Award for Contribution to UAE's Agriculture Sector.
  • City Union Bank partners with Chennai Super Kings to launch a co-branded credit card offering exclusive CSK benefits.
  • Delhi Airport launches the UTAM system to enhance airside operations with real-time monitoring.
  • SEBI launches "Bond Central" portal to provide centralized, authentic, and free information on corporate bonds.
  • India’s GST collection for February 2025 stood at ₹1.84 lakh crore, marking a 9.1% year-on-year growth.
  • RBI imposed a ₹66.60 lakh penalty on HSBC for violations related to AML alert closures, forex exposure reporting, and ineligible savings accounts. IIFL Samasta Finance was fined ₹33.10 lakh for misclassifying NPAs, charging pre-disbursement interest, and issuing multiple customer IDs.
  • Reserve Bank of India (RBI) appoints Ajit Ratnakar Joshi as the new Executive Director.
  • PhonePe launches the 'Insuring HEROES' campaign to promote women's financial security on International Women's Day.
  • Tata Motors begins trials of hydrogen-powered heavy-duty trucks for sustainable long-haul transportation.
  • Indian Overseas Bank partners with IGBC to promote sustainable construction.
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