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Daily Current Affairs: 12 February 2025

Current affairs of 12 February 2025: USAID Freeze: Global and India Impact of the US Aid Halt; Manipur CM Resignation: Constitutional Provisions Explained; COP29 Article 6.2: Carbon Markets and India’s Opportunity, and 10 more topics. Key facts for every exam, with a quiz.

Take the quiz (10 questions)February 2025
13 TOPICSDaily CurrentAffairs12 February 2025In focus: USAID Freeze: Global and India Impact of…safalsetu.com

In this issue: 13 topics

National Affairs

  1. Manipur CM Resignation: Constitutional Provisions Explained
  2. Parliamentary Updates: Sahara Refunds, PACs, AI CoEs, IBC

Banking & Finance

  1. FAR Bonds: Foreign Inflows into Government Securities
  2. Stock Manipulation: SEBI Action on LSIL and PIFL

Economy

  1. PSU Disinvestment Trends: Dividends, Capex and Stake Sales

International Affairs

  1. USAID Freeze: Global and India Impact of the US Aid Halt

Agriculture & Rural

  1. NABARD Export Pathshala: Odisha FPO Export Training
  2. Budget 2025-26 Agri and Rural Allocations and New Missions

Science & Technology

  1. Cybersecurity: DDoS Attack on Karnataka’s Kaveri 2.0 Portal

Environment & Ecology

  1. COP29 Article 6.2: Carbon Markets and India’s Opportunity
  2. India Energy Goals: 500 GW, Ethanol and Hydrocarbons

Defence & Security

  1. Su-57 Offer to India: Russia’s Fifth-Generation Fighter

Reports & Indexes

  1. NITI Aayog Report on State Public Universities Reform

National Affairs

Banking & Finance

Economy

4. Stock Manipulation: SEBI Action on LSIL and PIFL

  • Stock manipulation means deliberately moving a share price by deceptive means for personal gain, which is illegal.
  • LSIL, with no revenue, had a ₹5,500 crore market cap after a price rise above 1,000% in 48 trading days.
  • SEBI cross-checked price moves using the independent site Screener.in along with its own alerts.
  • Both firms had no significant operating revenue for three years and were under BSE additional surveillance.
Full notes and 3 MCQs ›

Economy

Economy

5. PSU Disinvestment Trends: Dividends, Capex and Stake Sales

  • PSU capital outlay grew under 2% CAGR in 2020-21 to 2024-25, while government capital support rose 21% CAGR.
  • Only Air India, Neelachal Ispat and Ferro Scrap were sold under the 2021 Strategic Disinvestment Policy.
  • Government shifted from direct asset sales to monetisation and leasing of PSU assets.
  • Budget 2025-26 leans on higher PSU dividends, with no clear privatisation push.
Full notes and 3 MCQs ›

International Affairs

Agriculture & Rural

Science & Technology

Environment & Ecology

Environment & Ecology

10. COP29 Article 6.2: Carbon Markets and India’s Opportunity

  • COP29 in Baku, Azerbaijan, was dubbed the 'Climate Finance COP' for talks on Article 6 of the Paris Agreement.
  • Article 6.2 lets countries transfer Internationally Transferred Mitigation Outcomes (ITMOs), essentially carbon credits, towards their NDCs.
  • India's Carbon Credit Trading Scheme has been operating since 2023; India targets 45% lower emissions intensity by 2030.
  • India pressed rich nations to mobilise $1 trillion a year in climate finance.
Full notes and 3 MCQs ›

Defence & Security

Reports & Indexes

Test yourself

10 questions from the news of 12 February 2025, with answers and explanations.

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