PM to attend Bharat Tex 2025 in Delhi on February 16

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1 PM to attend Bharat Tex 2025 in Delhi on February 16

Prime Minister Narendra Modi will attend  Bharat Tex 2025  in  New  Delhi  . Shri Modi will also address the gathering on the occasion. Bharat Tex 2025, a mega global event, kicked off  on February 14  and will continue till February 17.  The event brings together the entire textile value chain from raw materials, finished products and accessories at one place. The Bharat Tex platform is the largest and most comprehensive event of the textile industry, which includes a mega expo spread across two venues and will showcase the entire textile eco-system.

2 India and Indonesia sign agreement to strengthen traditional medicine quality assurance

 

 In  February 2025 , India and Indonesia  signed   a Memorandum of Understanding (MoU) to enhance  quality assurance, standardization and global promotion of traditional medicine systems . This strategic partnership focuses on promoting cooperation in traditional medicine quality assurance, with both parties committing to various forms of collaboration. This MoU is the recent outcome of an earlier exchange between the Pharmacopoeia Commission  of India for  Indian Medicine and Homeopathy (PCIM&H)  under  the Ministry of AYUSH  and the Food and Drugs Authority of Indonesia in January 2025. PCIM&H is certified under the international organization.

3 RBI approves Easebuzz to work as an online PA

In  February 2025 , the Reserve Bank of India (RBI)  has acquired  Pune (Maharashtra)  -based  Easebuzz Private Limited  for secure digital payment solutions. a digital payment solutions provider, to operate as an  online payment aggregator (PA)  . This enables Easebuzz to remain an authorised payment platform, enabling it to process online payments for Indian businesses across various sectors, including e-commerce, travel, tourism, education and real estate. With this, Easebuzz joins companies such as Razorpay, MSwipe, Google Pay (GPay), Cashfree, Zomato, CC Avenue and Innoviti Payments, all of which have received PA licences from the RBI.

4 KSSL and L3Harris sign MoU to strengthen strategic communication network for Indian Armed Forces

Pune (Maharashtra)  -based  Kalyani Strategic Systems Limited (KSSL) a subsidiary of  Bharat Forge Limited (BFL) signed a 2-year Memorandum of Understanding (MoU) with New Delhi (Delhi)  -based  L3Harris India to advance defence and security solutions for India  . The partnership focuses on Command, Control, Communications, Intelligence, Surveillance and Reconnaissance (C4ISR) technologies. The MoU enables L3Harris to leverage KSSL’s local expertise to develop customised tactical communications networks for the Indian Armed Forces.

5 Maza joins the billion-dollar club, becomes the third Indian brand to achieve the feat

 

In February 2025  ,  Coca-Cola  ‘s  mango-based drink Maaza  achieved   a historic milestone by crossing  USD1 billion in annual sales in 2024. This makes Maaza Coca-Cola’s third billion-dollar brand   in India after  Thums Up (2021) and Sprite (2022) . This positions Maza as the 30th billion-dollar brand for beverages globally. Maza is one of India’s most popular mango-flavoured beverages, originally launched by Parle Bisleri in 1976. In 1993, Coca-Cola acquired Maza along with other major Indian beverage brands including Thums Up, Limca and Gold Spot.

6 Sportico’s Top 100 Highest-Paid Athletes 2024: Ronaldo leads the list with USD 260 million

In February 2025  , sports industry news site   Sportico  released the 4th annual list of  the 100 top highest-paid athletes  , Cristiano Ronaldo , a  Portuguese professional footballer is the world’s highest-paid athlete  in 2024 for the second consecutive year   , earning USD 260 million, including USD 215 million from salary/winnings (from Saudi Pro League club Al Nassr) and USD 45 million from endorsements. Stephen Curry (USD 153.8 million), an American professional basketball player, took the second spot, and Tyson Fury (USD 147 million), a British former professional boxer, took the third spot on the list.  Female athletes  were  missing from the top 100 for the second consecutive year . Not a single player from India  is included in the top 100. American professional tennis player  Coco Gauff  was the highest-paid female athlete  in 2024 for the second consecutive year with  USD 30.4 million .

7 The 4th South Asian Senior Athletics Championship will be held at Birsa Munda Athletics Stadium in Ranchi

The fourth South Asian Senior Athletics Championship  will be held from  May 3 to 5   at  Birsa Munda Athletics Stadium  in  Ranchi . Sri Lanka Athletics Federation  gave this information in a social media post. The federation said that players from India, Sri Lanka, Pakistan, Bangladesh, Nepal, Bhutan and Maldives will participate in the championship. This championship was to be held in Ranchi from October 4 to 6 last year, but it was postponed. The South Asian Senior Athletics Championship  is returning  after 17 years  . This tournament was last held in 2008.  The first two championships were held in 1997 and 1998.