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Daily GK One Liners: January 29, 2025

Get up-to-date with today’s key headlines across categories in a summarized format for quick reading. 📢


International News 🌍

  • India and Oman Modify Tax Treaty, Fast-Track CEPA Negotiations: Signed a protocol to amend the Double Taxation Avoidance Agreement (DTAA) and accelerate discussions on a Comprehensive Economic Partnership Agreement (CEPA).
  • UAE Declares 2025 as the ‘Year of Community’: Themed “Hand in Hand,” this initiative promotes social unity, volunteerism, and cultural inclusivity.
  • India and Indonesia Strengthen Ties with Five MoUs: Indonesian President Prabowo Subianto signed key agreements on trade, defense, and culture during India's 76th Republic Day.

National News 🇮🇳

  • PM Modi Inaugurates 38th National Games in Dehradun: The ‘Green Games’-themed event promotes sustainability in sports.
  • Haryana CM Launches 324 Crèche Centers for Working Women: Supports childcare for working mothers and introduces the ‘Bima Sakhi Yojana’ for insurance-linked earnings.

State News 🏛️

  • Tripura Becomes First Northeastern State to Adopt Multi-Lingual Governance: Signed an MoU with the Digital India Bhashini Division to integrate regional languages into governance.
  • Odisha Hosts ‘Utkarsh Odisha – Make in Odisha Conclave 2025’: Aims to attract investments and position Odisha as an industrial hub.
  • Sikkim’s Unique Tax-Free Status Explained: Enjoys tax exemptions due to historical agreements shaping its economic policies.
  • Telangana CM Announces Four Welfare Schemes on Republic Day: Focuses on farmer welfare, landless laborers, and marginalized communities.

Banking News 🏦

  • JioSoundPay Launched for Instant UPI Payment Alerts: Reliance Jio introduces an audio-based confirmation system for UPI payments.
  • RBI Fixes GOI Floating Rate Bonds (FRB 2035) at 6.66%: Interest rate based on the five-year government securities yield.
  • SBI Payments & Pine Labs Expand Digital Commerce Partnership: Strengthens merchant solutions and digital payment infrastructure.

Finance News 💰

  • RBL Bank and Piramal Finance Partner for Co-Lending: The alliance focuses on providing loans to middle- and low-income groups in rural and semi-urban areas.

Science & Technology News 🔬

  • ISRO’s 100th Sriharikota Mission: NVS-02 Satellite Launched: Enhancing India’s NavIC navigation system.
  • Earth’s Magnetic North Pole Drifting Toward Siberia: Rapid shifts in the Earth’s magnetic field impact global navigation and communication networks.

Awards News 🏆

  • LG Manoj Sinha Receives Maharaja Hari Singh Award: Honored for contributions to governance and regional development.

Sports News 🏅

  • Ladakh Tops Khelo India Winter Games 2025: The Indian Army retains its men’s ice hockey title, with Ladakh leading overall medal standings.
  • National Games 2025 in Dehradun Emphasize ‘Green Games’: Promoting eco-friendly initiatives in sports.

Important Days 📅

  • Indian Newspaper Day (January 29, 2025): Commemorates India's first newspaper and highlights print media’s role in shaping public discourse.

📚 Daily Current Affairs January 29, 2025 Explore the full article and stay updated.

🎯 Ready to challenge yourself? Take the Daily GK Quiz for January 29, 2025 here.


Quick Summary: Nepal’s First International Pashmina Festival – Boosting Heritage & Global Market Reach 🧵

Nepal recently hosted its inaugural International Pashmina Festival, highlighting its rich textile heritage and promoting the luxury Pashmina industry globally. The event showcased Nepal's handwoven Chyangra Pashmina, celebrated for its softness, warmth, and sustainability. With participation from artisans, buyers, and policymakers, the festival set the stage for expanding Nepal's market reach and addressing industry challenges.


Key Highlights 🌍

What is Nepal’s Chyangra Pashmina?

  • Luxury Textile: Made from the fine undercoat of Himalayan Chyangra goats, known for its softness and warmth.
  • Ethical Sourcing: Produced using sustainable and traditional methods, supporting local communities and fair trade.

Festival Highlights 🎪

  • Event Location: Kathmandu, Nepal
  • Duration: 3 days, featuring 150+ stalls and participation from buyers in the USA, Japan, and Europe.
  • Celebration of Craftsmanship: Artisans demonstrated traditional spinning and weaving techniques, while discussions focused on market expansion.

Global Market Demand 📈

  • Export Value: $35 million annually, with the luxury market projected to grow to $2.4 billion by 2030.
  • Top Markets: The USA, Japan, Europe, and South Korea show high demand for ethical, luxury textiles.

Challenges in Nepal’s Pashmina Industry 🚧

  • Raw Material Shortages: Limited supply from high-altitude regions and climate change impacts.
  • Counterfeit Products: The rise of synthetic and counterfeit Pashmina products undercuts Nepal's artisans.
  • Production Costs: High labor costs for handwoven Pashmina make it difficult to compete with mass-produced alternatives.

Sustainability and Ethical Practices 🌱

  • Eco-Friendly Production: Handmade, natural dyes, and no harm to the Chyangra goats, contributing to growing global demand for ethical fashion.

Government & Industry Collaboration 🤝

  • Policy Support: Nepal’s government is committed to funding R&D and expanding trade agreements to boost exports.

Future of Nepalese Pashmina 🚀

  • E-Commerce Expansion: Plans to create global online platforms for Nepalese brands.
  • Sustainable Growth: Promoting eco-friendly initiatives to attract premium buyers.

Why Read the Full Article? 🤔

Global Recognition for Nepal: Discover how Nepal is leading the way in the luxury textile market.

Lessons in Sustainability: Learn how traditional craftsmanship and sustainable practices can thrive in the modern market.

Opportunities in Pashmina: Explore the potential for Nepal’s Pashmina industry in the growing global demand for luxury, ethical textiles.

📚 Click here to learn more about how Nepal is shaping the future of the global Pashmina market!


Quick Summary: Beating Retreat Ceremony 2025 – A Grand Tribute to India’s Military Heritage 🎖️

The Beating Retreat Ceremony marks the conclusion of India’s Republic Day celebrations. Held annually on January 29 at Vijay Chowk in New Delhi, this event showcases the discipline, unity, and musical tradition of the Indian Armed Forces. Featuring massed bands from the Army, Navy, Air Force, and other forces, the ceremony culminates in the lowering of the National Flag, symbolizing the end of the Republic Day festivities.


Key Highlights 🇮🇳

What is the Beating Retreat Ceremony? 🏅

  • Originating from Military Tradition: The Beating Retreat Ceremony has its roots in the 17th-century European military custom and was institutionalized in India in the 1950s.
  • Ceremonial Event: It involves synchronized performances by military bands and the lowering of the Indian National Flag.

Significance and Symbolism 🎆

  • Honoring the Armed Forces: The ceremony celebrates the discipline and commitment of the Indian military.
  • National Pride: The event stirs deep feelings of patriotism and unity among spectators.

Musical Performances 🎶

  • Massed Band Performance: Iconic tunes like ‘Sare Jahan Se Achha’ and ‘Abide With Me’ evoke strong emotional responses.
  • Drone and Light Show: Modern adaptations, such as drone displays and laser light shows, add a visual flair to the ceremony.

Date and Venue 📅

  • Date: January 29, three days after Republic Day.
  • Venue: Vijay Chowk, New Delhi, set against the backdrop of Rashtrapati Bhavan.

Why Read the Full Article? 🤔

Rich Military Tradition: Learn about the origins and significance of this iconic ceremony.

Emotional and Musical Grandeur: Explore the stirring performances and national pride evoked by the music.

Modern Adaptations: Discover how technology is being integrated into this traditional event to captivate new audiences.

📚 Click here to experience the grandeur of India’s Beating Retreat Ceremony and its rich cultural and military heritage!


Quick Summary: JioSoundPay – Revolutionizing UPI Payments for Small Businesses in India 💳

Reliance Jio has launched JioSoundPay, an innovative UPI payment solution integrated into the affordable JioBharat phone. This feature eliminates the need for costly external sound boxes, offering instant audio payment confirmations in multiple languages. JioSoundPay provides a seamless, cost-effective digital payment tool for small businesses like kirana stores, vegetable vendors, and roadside eateries, furthering Jio’s commitment to India’s cashless economy.


Key Highlights 📌

What is JioSoundPay? 🔊

  • Integrated Payment Solution: JioSoundPay is embedded in JioBharat phones, offering audio confirmation of UPI payments without the need for additional sound boxes.
  • Multilingual Support: Instant, clear, multilingual payment notifications make transactions accessible to all.

How Does JioSoundPay Work? ⚙️

  • UPI Payment: Customers make payments via UPI apps like Google Pay, PhonePe, or Paytm.
  • Audio Confirmation: JioBharat phones play instant audio alerts confirming the payment.
  • Seamless Experience: No additional hardware needed—just a JioBharat phone and a UPI app.

Features & Benefits 💡

  • Cost Savings: Saves ₹1,500 annually by removing the need for external sound boxes.
  • Instant Payment Confirmation: Provides immediate verification, improving transaction efficiency and customer trust.
  • Affordable & Accessible: Integrated into the ₹699 JioBharat phone, with no subscription or maintenance fees.

JioSoundPay vs Traditional Sound Boxes 🔄

  • Free Integration: No additional cost with JioBharat phone vs ₹1,500/year for traditional sound boxes.
  • Instant Confirmation: No delay, unlike traditional methods relying on SMS notifications.

Cultural Significance & Impact 🇮🇳

  • Patriotic Themes: The inclusion of patriotic audio elements like "Vande Mataram" celebrates India’s heritage while promoting digital adoption.

JioSoundPay & Digital India Vision 🌍

  • Financial Inclusion: Supports small businesses in rural and semi-urban areas, helping them go cashless and reduce transaction fraud.

Why Read the Full Article? 🤔

Affordable Digital Payments: Learn how JioSoundPay is revolutionizing payment solutions for small businesses.

Seamless Integration: Discover how Jio is making UPI payments more accessible and cost-effective.

Empowering Small Businesses: Understand the cultural, economic, and technological impacts of JioSoundPay on India’s cashless economy.

📚 Click here to explore how JioSoundPay is transforming digital payments and empowering small businesses across India!

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