today's news headlines in india on 24 February 2025 Latest Updates by Vizzve

latest news updates from India as of February 24, 2025:

Business and Economy

• 1.India and UK to Accelerate Trade Deal Negotiations: India and the United Kingdom have agreed to expedite discussions on a proposed bilateral free trade agreement and investment treaty. This decision comes after a pause in talks due to general elections in both countries. The renewed focus aims to strengthen economic ties amidst global uncertainties.

  Reuters
• 
  

• 2.RBI's $10 Billion Forex Swap Impacts Markets: The Reserve Bank of India (RBI) has conducted a $10 billion forex swap, leading to a significant drop in the one-year dollar/rupee forward premium and a decrease in short-term government bond yields. This move is intended to enhance rupee liquidity, benefiting corporations and non-banking financial companies by reducing hedging and borrowing costs.

  Reuters
• 
  

• 3.Former RBI Governor Shaktikanta Das Appointed as Principal Secretary to PM Modi: In a move to bolster economic policy, former Reserve Bank of India Governor Shaktikanta Das has been appointed as the second principal secretary to Prime Minister Narendra Modi. Das's extensive experience in economic policy is expected to aid in addressing domestic and global economic challenges.

  Reuters
• 
  

• 4.Power Grid Corp Shares Dip Amid Market Downturn: Shares of Power Grid Corp. of India Ltd. fell by 0.99% to ₹259.15, aligning with a broader market decline where the BSE SENSEX Index dropped by 1.14%. Despite this dip, Power Grid outperformed some of its competitors.

  MarketWatch
• 
  

• 5.India's GDP Rebounds in December Quarter: India's economy expanded by 6.3% in the October-December quarter, driven by increased government spending that offset weak household demand. This marks a rebound from the previous quarter's slowdown due to reduced infrastructure expenditure ahead of national elections.

  Reuters
• 
  

National News

• 6.American Airlines Flight Diverted to Rome Over Security Concern: An American Airlines flight from New York City to New Delhi was diverted to Rome due to a reported security concern, which was later deemed non-credible. The aircraft landed safely, and passengers underwent additional security screening before continuing their journey.

  People
• 
  

• 7.New Delhi Railway Station Stampede: A stampede at New Delhi Railway Station resulted in 18 fatalities and several injuries. Authorities have launched a high-level investigation into the incident, focusing on crowd management practices during the Maha Kumbh festival.

  Wikipedia
• 
  

Defense

• 8.India Proposes Second Indigenous Aircraft Carrier: The Indian Navy has submitted a proposal for a second indigenous aircraft carrier, aiming to enhance maritime capabilities. The new carrier is expected to replace the aging INS Vikramaditya and will feature increased indigenous content.
• 
  

Sports

• 9.India vs. Pakistan Champions Trophy 2025: In a thrilling match, India secured a victory over Pakistan in the Champions Trophy 2025. Notably, Virat Kohli was seen assisting Pakistan's Nasim Shah by tying his shoelace, showcasing sportsmanship.

• 
  

• 10.Shubman Gill's Century Sparks Controversy: Indian batsman Shubman Gill's century against Pakistan led to a heated exchange with bowler Abrar Ahmed, who faced criticism for his aggressive send-off.

• 
  

Technology

• 11.Meta to Open New Office in India: Meta has announced plans to open a new office in India and hire additional staff focusing on engineering and AI roles, aiming to expand its presence in the Indian market.

• 
  

• 12.Shein's Annual Profit Declines: Fast-fashion retailer Shein reported a decline in annual profit by more than a third, attributing the drop to increased competition and rising operational costs.

• 
  

Regional News

• 13.Tamil Nadu Rejects Three-Language Policy: Tamil Nadu's Deputy Chief Minister Udhayanidhi Stalin reaffirmed the state's opposition to the central government's three-language policy, emphasizing the importance of preserving the Tamil language.

• 
  

• 14.Housing Discrimination Allegations in Mumbai: Sanjay Nirupam alleged that certain builders in Mumbai are discriminating against Hindu applicants in housing projects, terming it 'Housing Jihad.' Authorities are investigating the claims.

• 
  

• 15.Marathi Sahitya Sammelan Inaugurated in Delhi: Prime Minister Narendra Modi inaugurated the 98th Akhil Bharatiya Marathi Sahitya Sammelan in Delhi, highlighting the richness of Marathi literature.

• 
  

• 16.Bhutan PM Praises India-Bhutan Relations: Bhutan's Prime Minister Tshering Tobgay lauded Prime Minister Modi as a mentor and emphasized the strong ties between India and Bhutan.

• 
  

Crime

• 17.Student Killed Over Exam Cheating in Bihar: A student was killed, and two others injured in a clash over cheating during exams in Sasaram, Bihar. Authorities are investigating the incident.

• 
  

• 18.'Lady Don' Zoya Khan Arrested in Delhi: Zoya Khan, dubbed Delhi's 'Lady Don,' was arrested with heroin worth ₹1 crore. She is alleged to have been involved in extensive drug trafficking operations.

• 
  

• 19.Wikipedia Editors Booked Over Content on Sambhaji Maharaj: Four Wikipedia editors have been booked by Maharashtra's cyber cell for not removing 'objectionable' content related to Sambhaji Maharaj.

• 
  

Environment

• 20.Indian Biologist Honored for Conservation Efforts: Purnima Devi Barman, an Indian biologist, has been recognized on Time's Women of the Year 2025 list for her efforts in saving the world's rarest stork.
• 
  

Legal

• 21.BJP Leader's Anticipatory Bail Plea Rejected: The Kerala High Court has rejected BJP leader P C George's anticipatory bail plea in a hate speech case, leading to his imminent arrest.
• 
  

Miscellaneous

• 22.Kolkata Family Deaths Under Investigation: Three family members were found dead in their home, while three others were injured in a car crash. Police are investigating the circumstances surrounding these incidents.