Important Current Affairs- 02 January 2025

National Affairs

• India’s Manufacturing Growth Slows
  India’s manufacturing sector saw a decline in growth for December 2024, with the PMI dropping to 56.4. Despite this, strong job growth is expected in the sector.
  Reference: Reuters
• SAIL Receives ‘Great Place to Work’ Certification
  Steel Authority of India Ltd (SAIL) has been awarded the ‘Great Place to Work’ certification for 2025-26 after an extensive survey.
  Reference: PendulumEdu
• PM Modi to Inaugurate New Mumbai Airport Terminal
  Prime Minister Narendra Modi will inaugurate the new terminal at Chhatrapati Shivaji Maharaj International Airport, designed to handle millions of passengers annually.
  Reference: News18
• India to Launch First Smart City in Jammu and Kashmir
  Jammu and Kashmir will soon witness the development of its first ‘Smart City’ aimed at boosting urban infrastructure and improving quality of life for residents.
  Reference: Times of India

International Affairs

• India and Pakistan Exchange Nuclear Assets Lists
  India and Pakistan exchanged nuclear assets lists as part of their annual practice under a 1988 pact.
  Reference: AP News
• USA Rejoins Paris Climate Agreement
  The United States formally rejoined the Paris Climate Agreement under President Joe Biden’s administration.
  Reference: BBC
• UK Launches Global AI Safety Plan
  The UK government launched a new initiative focusing on the safe development and deployment of artificial intelligence, aimed at fostering innovation while minimizing risks.
  Reference: Reuters

Science and Technology

• India Develops Ultra-Efficient Supercapacitor
  Scientists from IIT Kanpur have developed a highly efficient supercapacitor that promises breakthroughs in energy storage technologies.
  Reference: IIT Kanpur
• NASA’s Mars Rover Makes Groundbreaking Discovery
  NASA’s Perseverance rover has discovered organic compounds on Mars, hinting at the possibility of ancient life.
  Reference: NASA
• India to Launch Quantum Satellite
  India is preparing to launch a quantum satellite to enhance secure communication across the country.
  Reference: Times of India

Economy

• India Reports Record GST Collection
  India’s Goods and Services Tax (GST) revenue hit an all-time high of ₹1.60 lakh crore in December 2024, marking a significant recovery in tax collection.
  Reference: Economic Times
• India Becomes World’s 5th Largest Economy
  India surpassed the UK to become the world’s fifth-largest economy as of the end of 2024.
  Reference: Bloomberg

Sports

• ICC to Introduce New World Cup Format in 2025
  The International Cricket Council announced a new, expanded format for the ICC World Cup, starting from 2025, which will involve more teams and be played over a longer period.
  Reference: ICC

Environment

• India to Launch National Green Hydrogen Mission
  India is set to launch the National Green Hydrogen Mission to reduce carbon emissions and promote sustainable energy.
  Reference: The Hindu
• India’s First Coastal Wetland Conservation Site Approved
  India has approved its first coastal wetland conservation site in the Sundarbans, aiming to protect biodiversity and combat rising sea levels.
  Reference: NDTV

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