25 February 2017 Current Affairs : TCS top 3rd, Sikkim joins UDAY, Sovereign Gold Bonds, Syria Peace talks

///25 February 2017 Current Affairs : TCS top 3rd, Sikkim joins UDAY, Sovereign Gold Bonds, Syria Peace talks

Today’s daily news for download covering national, international, sports and economics current affairs. Important news has been decoded for better understanding from PIB, Indian Express, The Hindu among others.


Today’s National News Current Affairs – 25 February 2017

■ The Ministry of Urban Development has approved development of 6 km long Bet Dwarka Darshan Circuit in Gujarat at a cost of Rs.16.27 crore under the ‘Heritage City Development and Augmentation Yojana (HRIDAY)’.

  • This circuit connects the Dwarkadish Haveli and Hanuman Dandi (the only temple housing Hanumanji and his son Makardhwaj), in Dwarka district of Gujarat. There are also two important water bodies along the circuit, Ranchod Talav and Shankhudhar Lake.
  • Under the HRIDAY scheme launched in January, 2015, heritage related infrastructure development is being taken up in 12 identified cities at a total cost of Rs.500 crore, to preserve and rejuvenate the rich cultural heritage of the country.
  • Central government will meet the entire expenditure under the scheme. But, the states and local urban bodies are requested to supplement their resources for rapid development of heritage cities.
  • The 12 cities selected for the scheme are Ajmer, Amritsar, Amravati, Badami, Dwarka, Gaya, Warangal, Puri, Kanchipuram, Mathura, Varanasi and Velankanni.


■  A national workshop on Preparation of Heat Wave Action Plan was recently organised in Hyderabad by National Disaster Management Authority (NDMA) in collaboration with the Government of Telangana.

What is a Heatwave?

A heatwave is defined as an excess of 5-6 degrees C over the maximum daily temperature (over a 30-year period) of less than 40 degree C or an excess of 4-5 degree C over a normal historical maximum temperature of over 40 degree C.

A heat wave is a combination of and humidity for a prolonged period. It is an extended period of very high summer temperature.

Possible health hazards due to heat wave :

  • Heat stroke and heat exhaustion are the two major risks posed by high-temperature conditions.
  • Continuous and constant exposure to high temperatures could result in nausea and heat cramps, resulting in rapid rise of the body temperature.
  • Headaches, dizziness and nausea are some of the symptoms.
  • Dehydration (absence of adequate water within the body) could also aid in heat exhaustion.


■ The week-long Brahan Natyanjali, which is a dance obeisance to Lord Bragadeesvarar, has begun on Mahashivarathri at Thanjavur, Tamil Nadu.  Bharatanatyam, Kathak, Odissi, Mohiniyattam and Kuchipudi are being performed during Brahan Natyanjali.

■  Wildlife conservationists have strongly criticised the National Board for Wildlife (NBWL) for granting permission to the widening of a road that falls in the buffer zone of the Nagarjuna Sagar- Srisailam Tiger Reserve and also the Ecologically Sensitive Zone of the Gundla Brahmeswaram Wildlife Sanctuary. 

  • Note that:  Nagarjunsagar-Srisailam Tiger Reserve is the largest tiger reserve in India, located in Telangana. The multipurpose reservoirs, Srisailam and Nagarjunasagar, are also located in the reserve. The area consists mostly of the Nallamala Hills. The Krishna river cuts its basin through the reserve.


■  The Ministry of Skill Development and Entrepreneurship (SDE) and Wadhwani Operating Foundation (WOF) have signed two Agreements for jointly developing and implementing Entrepreneurship and Skill Development initiatives in the country with the Pradhan Mantri YUVA Scheme being the first joint effort.

■ A record-breaking mass nesting by 3.8 lakh endangered olive ridley turtles (Lepidochelys olivacea) has taken place at the Rushikulya coast in Ganjam district of Odisha in February 2017. Noteworthy that, no mass nesting had taken place at the site last year, largely attributed to increased salinity of the coast due to pollution.

About Olive Ridley turtles / Pacific ridley sea turtle :

Olive turtles are a medium-sized species of sea turtle found in warm and tropical waters, primarily in the Pacific and Indian Oceans. They are best known for their behavior of synchronized nesting in mass numbers.

The olive ridley is classified as Vulnerable according to the International Union for Conservation of Nature and Natural Resources (IUCN), and is listed in Appendix I of CITES.


Important International Current Updates – 25 February 2017

■ The first Strategic Dialogue between India and China was recently held at Beijing (capital of China). This meeting was co-chaired by India’s Foreign Secretary S Jaishankar and China’s Executive Vice Foreign minister Zhang Yesui.

■ India’s Cabinet Committee on Security (CCS) has approved a deal with Israel to develop jointly a medium range surface-to-air missile (MR-SAM) system for the Army in a Rs 17,000-crore deal.

  • The deal will be executed by the Defence Research and Development Organisation (DRDO) and Israel Aircraft Industries (IAI).
  • The deal is for five regiments of the missile, which consists of 40 units and 200 missiles.
  • The system will be based on the older Barak system of Israel, which is in use in India. It has a range of 50-70 km.


■  A new round of United Nations-sponsored Syria peace talks aimed at resolving the Syrian conflict has started in Geneva. This comes after the Astana talks managed to usher in a fragile ceasefire. This time rebels are expected to feature in a “greater role” in talks.


Daily Economics Current Affairs – 25 February 2017

■  The Centre has decided to come out with the 4th series of Sovereign Gold Bonds 2016-17, which the Reserve Bank of India will issue on March 17.

  • The Sovereign Gold Bonds were launched by Prime Minister Narendra Modi in November 2015, aiming at cutting down the huge demand for the precious metal.
  • Note that: The minimum investment under the Gold Bond scheme is 1gram, and maximum is 500 gm.
  • Interest to be obtained under the Gold Bond scheme is fixed rate of 2.75 per cent payable every 6 months.
  • The Gold Bond scheme has a tenure of eight years, with exit options in the 5th, 6th and 7th year.


■ The Government of India and the State of Sikkim have signed a Memorandum of Understanding (MOU) under the  Ujwal DISCOM Assurance Yojana (UDAY) Scheme, for operational improvement of the State’s Power Distribution Department. With the signing of MoU, the total number of States covered under UDAY has reached 22.


■  The State Bank of India (SBI) will merge with its all 5 associate banks from 1st April 2017. This is the largest consolidation exercise in the banking history of India.

■  Indian IT services major Tata Consultancy Services (TCS) has been ranked the world’s third most valuable brand in IT services industry by brand valuation firm Brand Finance. IBM tops the list followed by Accenture.


25 February 2017 – Important Sports Current Affairs

■ Belgium’s John-John Dohmen and Netherlands’ Naomi Van were named as male and female Hockey Federation’s Player of the Year award. Great Britain’s Olympic gold medallist Maddie Hinch won the Hockey Stars 2016 female Goalkeeper of the Year award.


■  Former Sri Lankan cricketer Kumar Sangakkara became the Second Asian, after Mahela Jayawardene, and 16th overall to feature in 1,000 matches across all forms of the game. He achieved the feat after featuring for Karachi Kings against the Quetta Gladiators in the Pakistan Super League.


We hope this compilation was useful for going through today’s important news. Please share your comments with us. Have a Good Day!

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