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General Awareness

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Daily G.K. - Top Stories

07 Mar 2025

DAILY G.K. TEST

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BUSINESS AND ECONOMY

India's Circular Economy: A $2 Trillion Market and 10 Million Jobs by 2050

  • India's circular economy is projected to generate over $2 trillion in market value and create nearly 10 million jobs by 2050, according to Union Minister Bhupender Yadav. Speaking at the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific, he emphasised that the circular economy represents a major shift from the traditional "take, make, waste" model to a more sustainable reuse and recycle-based system. India has also expressed interest in hosting the World Circular Economy Forum 2026. Several key initiatives, MoUs, and reports were launched to promote sustainable waste management and urban circular economy practices.

Britannia Industries CEO Rajneet Singh Kohli Steps Down

  • Biscuits major Britannia Industries' Chief Executive Officer and Executive Director, Rajneet Singh Kohli, resigned to pursue an external opportunity.
  • He joined the maker of Good Day biscuits in September 2022 after Varun Berry was elevated to the position of vice chairman.
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SCIENCE & TECHNOLOGY

IT Minister Launches AI Portal, Dataset Platform

  • IT Minister Ashwini Vaishnaw launched the IndiaAI compute portal and dataset platform AIKosha, among a slew of other initiatives under the IndiaAI Mission, aimed at improving access to AI and fostering innovation.
  • The portal provides access to compute more than 18,000 GPUs, cloud storage and other AI services to students, start-ups, researchers, and government departments. The platform aims to streamline access to high-quality non-personal datasets for AI innovation.
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SPORTS

John Davison Appointed Italy's T20I Coach

  • Former Canada captain and Australian state cricketer John Davison was appointed as Italy's T20I coach, leading their push for a place in the 2026 T20 World Cup in India and Sri Lanka.
  • Italy will compete in the European Regional Finals of the T20 World Cup qualifiers in the Netherlands in late June, where two teams will earn a spot in the main tournament. They will face strong competition from the Netherlands, Scotland, Guernsey, and Jersey.
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NATIONAL AFFAIRS

India Launches Multi-Nation Alliance for Collaboration on Sustainable Development

  • India launched the Cities Coalition for Circularity (C-3), marking a significant step towards sustainable urban development. This multi-nation alliance aims to foster city-to-city collaboration, knowledge-sharing, and private sector partnerships for sustainable solutions in waste management and resource efficiency.
  • This forum would provide a critical platform for policymakers, industry leaders, researchers, and development partners to discuss and implement sustainable solutions for waste management and resource efficiency as economies in the Asia-Pacific region.

Mallikarjun Kharge Creates AICC Department to Oversee Party's Assets in Country

  • Congress President Mallikarjun Kharge constituted a new All India Congress Committee (AICC) department to oversee the party's assets and properties across the country.
  • Former party MP Vijay Inder Singla was made AICC in-charge of the department with immediate effect.
  • Singla, a former Punjab Minister, is also the joint treasurer of AICC.
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PERSONS IN NEWS

Zerodha Founder Nithin Kamath Named EY Entrepreneur of the Year 2024

  • Nithin Kamath, Founder and CEO of Zerodha, was named the EY Entrepreneur of the Year (EOY) 2024. A 10-member jury recognised his innovative low-margin, high-volume brokerage model that reshaped the industry. A self-made entrepreneur, Kamath built Zerodha into a billion-dollar company without external funding.
  • He actively backs fintech and climate-focused start-ups and supports social initiatives. Kamath will now represent India at the EY World Entrepreneur of the Year (WEOY) in Monte Carlo in June 2025.
  • Winners across various categories include:
  • Consumer Products & Retail: Pradeep Rathod, CMD, Cello World
  • Services: Rajesh Magow, Co-Founder & Group CEO, MakeMyTrip
  • Lifesciences & Healthcare: Himanshu Baid, MD & CEO, Poly Medicure
  • Manufacturing: Meher Pudumjee, Chairperson, Thermax
  • Real Estate & Infrastructure: Pirojsha Godrej, Executive Chairman, Godrej Properties
  • Start-up: Kamesh Goyal, Founder & Chairman, Go Digit General Insurance
  • Business Transformation: Sameer Nigam, Co-Founder & CEO, PhonePe
  • Entrepreneurial CEO: Dr. Anish Shah, MD & CEO, Mahindra Group
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DAYS AND EVENTS

Jan Aushadhi Diwas

  • Jan Aushadhi Diwas, observed annually on March 7, celebrates the promotion and accessibility of affordable generic medicines under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP).
  • Launched in 2008 by the Department of Pharmaceuticals under the Ministry of Chemicals & Fertilizers, PMBJP addresses the issue of expensive branded medicines by offering affordable, generic alternatives.
  • Its goal is to ensure that quality healthcare is accessible to all, especially the economically disadvantaged, through a nationwide network of over 15,000 Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs).
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AWARDS AND HONOURS

Suborno Bose Honored for Revolutionising Hospitality Education

  • Suborno Bose, Chairman of the International Institute of Hotel Management (IIHM), was conferred the 'Lifetime Achievement in Hospitality and Education Through Technology' award by Union Tourism Minister Gajendra Shekhawat at the Vibrant Bharat Global Summit 2025. The award recognises Dr. Bose's contributions to integrating AI and technology into hospitality education and tourism. His latest book, 'Harmonizing Human Touch and AI in Tourism & Hospitality', was also launched at the event.
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GENDER/ HEALTH/ EDUCATION

Delhi University Drops Accountancy Route for Bcom (Hons), Math Now Compulsory

  • Aspiring commerce students at Delhi University (DU) face a major change this admission season as Mathematics or Applied Mathematics has now been made a mandatory subject for the BCom (Hons) programme. Previously, students had the option to apply with Accountancy as an alternative to Mathematics under Combination II, but that flexibility has been removed this year.
  • This unexpected shift has left students currently in Classes 11 and 12 who had opted for commerce without Mathematics in a state of uncertainty. With no written proposal addressing the transition, the final decision now rests with the admission council, which is yet to clarify how such students will be accommodated.
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