Staying updated with daily current affairs is crucial for aspirants preparing for competitive exams like UPSC, SSC, Banking, Railways, and other government exams. Here’s a quick roundup of the most important current affairs for 03 March 2025.
Daily Current Affairs-National News
1. India’s GST Collection Rises by 9.1%
- In February 2025, India’s GST collection increased by 9.1% to Rs 1.84 lakh crore.
- The growth reflects strong economic activity and improved tax compliance.
- The highest collections came from Maharashtra, Karnataka, and Tamil Nadu.
2. ‘One Nation-One Port’ Initiative Launched
- Union Minister Sarbananda Sonowal introduced the ‘One Nation-One Port’ initiative.
- This aims to integrate and streamline port operations across India.
- The initiative will help improve trade efficiency and logistics management.
3. Madhya Pradesh Launches Swachhata Reel Competition
- To raise awareness about cleanliness, the MP government has launched a reel competition on social media.
- Participants can submit short video reels promoting cleanliness.
- Winners will receive cash prizes and recognition from the state government.
Daily Current Affairs- International News
4. NASA Launches Lunar Water Detection Satellite
- NASA successfully launched a satellite to detect water on the Moon.
- The mission aims to support future lunar colonization and resource utilization.
- Scientists believe this will aid future Artemis crewed missions.
5. IMF Approves $334 Million Loan for Sri Lanka
- The International Monetary Fund (IMF) has sanctioned a $334 million financial aid package for Sri Lanka.
- The loan aims to stabilize Sri Lanka’s economy and boost economic recovery.
- This comes as Sri Lanka continues to recover from its 2022 economic crisis.
Daily Current Affairs-Banking & Economy
6. Yes Bank Tops S&P Global Sustainability Ranking 2025
- According to the latest S&P Global Sustainability Ranking 2025, Yes Bank is ranked No.1 in India.
- The ranking evaluates environmental, social, and governance (ESG) initiatives of banks worldwide.
- Yes Bank was recognized for its strong ESG policies and green financing.
7. PNB Collaborates with Indo-Tibetan Border Police
- Punjab National Bank (PNB) has signed an agreement with the Indo-Tibetan Border Police (ITBP).
- The collaboration provides exclusive banking benefits for ITBP personnel.
- Special offers include zero-balance salary accounts, home loan benefits, and insurance schemes.
Daily Current Affairs-Science & Technology
8. Indian Navy & DRDO Successfully Test Anti-Ship Missile
- The Indian Navy and DRDO have successfully tested their first indigenous anti-ship missile.
- The missile is designed for precision strikes on enemy warships.
- This marks a major advancement in India’s naval defense capabilities.
9. Grasberg Mine: The World’s Largest Gold Producer
- The Grasberg Mine in Indonesia remains the world’s largest gold-producing mine, generating about 48 tons of gold annually.
- The mine is a key contributor to global gold supply and has significant economic impact in Southeast Asia.
Daily Current Affairs-Important Days & Events
10. World Wildlife Day 2025
- Celebrated annually on 03 March, World Wildlife Day aims to raise awareness about the importance of protecting flora and fauna.
- Theme for 2025: “Wildlife Conservation Finance: Investing in People and Planet”.
- Global events and campaigns are being organized to support conservation efforts.
11. Zero Discrimination Day 2025 Observed on 01 March
- The UN observed Zero Discrimination Day to promote equality and human rights.
- The day emphasizes ending discrimination based on gender, race, and economic status.
- Various awareness campaigns were held globally to promote inclusivity.
Daily Current Affairs- Miscellaneous News
12. Cape Vulture Spotted in South Africa After 30 Years
- The Cape Vulture, a rare bird species, was sighted in Eastern Cape, South Africa after nearly three decades.
- Conservationists see this as a positive sign for bird species recovery.
- Wildlife experts emphasize the need for continued conservation efforts.
13. Bihar’s Economy Expands to Rs 8.54 Lakh Crore
- Bihar’s Gross State Domestic Product (GSDP) has risen to Rs 8.54 lakh crore in FY 2023-24.
- This marks significant economic growth, driven by industrial and infrastructure development.
14. ALIMCO to Establish First Production Center in Tripura
- The Artificial Limbs Manufacturing Corporation of India (ALIMCO) will set up its first production center in Tripura.
- The initiative aims to provide better accessibility for persons with disabilities in Northeast India.
Final Thoughts
Staying updated with daily current affairs is essential for cracking competitive exams. Make sure to revise these topics regularly, as questions from these areas are commonly asked in UPSC, SSC, Banking, Railways, and State PSC exams.
For more daily updates, quizzes, and mock tests, visit Exam Mentor and stay ahead in your preparation!
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