1. Key Development:

• Britain, Canada, Australia, and Portugal have officially announced their formal recognition of the State of Palestine.

2. Primary Motivation:

• The move is driven by frustration with the ongoing Gaza war and is intended to revive efforts towards a two-state solution as the foundation for lasting peace.

1. Award Announcement:

• The 2025 Nobel Prize in Literature has been awarded to László Krasznahorkai, a celebrated Hungarian novelist and screenwriter.

2. Recognition by the Swedish Academy:

• He was honored for his “compelling and visionary oeuvre that, in the midst of apocalyptic terror, reaffirms the power of art.”

1. Appointment:

• The reserve bank of India (RBI) has hired Shri Sanjay Kumar Hansda as an Executive Director (ED).
• The appointment comes into effect March 3, 2025.

1. Brand Ambassador:

• Group Captain Shubhanshu Shukla, recognized as the first Indian to reach the International Space Station (ISS), has been appointed the brand ambassador for the initiative.

• Position: A stern warning was given by the Defence Minister Rajnath Singh to the Pakistan on any aggression in the Sir Creek region.
• Important Quation: According to him, a resounding response would be done to any provocation, and this would alter history and geography.