Monthly CA April 21 - May 20
Monthly CA April 21 - May 20
TABLE OF CONTENTS
Saudi Arabia: − Expansion in 2023: Ethiopia, Egypt, Iran, and UAE joined
at the 15th BRICS Summit.
− Prime Minister – Mohammed bin Salman bin Abdulaziz
Al Saud Brazil:
− Capital- Riyadh − President – Luiz Inacio Lula da Silva
− Currency– Saudi Riyal − Capital – Brasilia
− Currency – Brazilian Real
India provides grant to Sierra Leone
⇢ India has announced a grant of $990,000 to Sierra Leone UNDP joined Santiago Network
for the “Enabling Economic Independence for Specially
⇢ The United Nations Development Programme (UNDP)
Abled Persons in Sierra Leone” project.
has joined the Santiago Network.
⇢ The project is supported by the India-UN Development
⇢ The network was established under the UN Framework
Partnership Fund and is implemented in collaboration
Convention on Climate Change (UNFCCC) in 2019.
with the UN Development Programme (UNDP).
⇢ It aims to support vulnerable countries and communities
⇢ The India-UN Development Partnership Fund,
in tackling irreversible impacts of loss and damage
established in June 2017, has a total commitment of ₹150
caused by climate change.
million, supporting 86 projects across 65 countries.
United Nations Development Programme (UNDP):
EU fines Apple and Meta
− Director General - Achim Steiner
⇢ The European Union antitrust regulators have fined
− Headquarters- New York, the United States of America
Apple (€500 million) and Meta (€200 million) for violating
(USA)
the Digital Markets Act (DMA).
− Established in- 1965
⇢ The DMA is a landmark legislation to regulate Big Tech
companies.
PM Modi visits Saudi Arabia
Shinkansen trains to India ⇢ PM Narendra Modi has paid a visit to the Kingdom of
⇢ Japan will provide two Shinkansen train sets (E5 series Saudi Arabia at the invitation of Mohammed bin Salman,
and E3 series) free of cost to India for testing and the Crown Prince and PM of the country.
inspection of the Mumbai-Ahmedabad High-Speed Rail ⇢ Both leaders held official talks and co-chaired the second
corridor which is under construction. meeting of the India–Saudi Arabia Strategic Partnership
⇢ The train sets will be delivered in 2026. Council (SPC) which was established in 2019.
⇢ The SPC will now have 4 Ministerial Committees.
Japan:
⇢ Both countries have signed 4 MoUs to strengthen
− Prime Minister– Fumio Kishida
bilateral cooperation.
− Capital – Tokyo
− Currency – Japanese Yen BRICS Agriculture Ministers’ Meeting
⇢ The 15th edition of the BRICS Agriculture Ministers’
WHO Pandemic Agreement Meeting was held in Brasilia, Brazil under the theme
⇢ The Intergovernmental Negotiating Body (INB) has “Promoting Inclusive and Sustainable Agriculture
finalised a draft agreement for the WHO Pandemic through Cooperation, Innovation, and Equitable Trade
Agreement. among BRICS Countries”.
⇢ The draft will be presented at the 78th World Health ⇢ The meeting was chaired by Carlos Fávaro, the Minister
Assembly, scheduled to be held in May 2025. of Agriculture and Livestock of Brazil.
⇢ South Korea has launched its fourth indigenously Initiative to strengthen EU-India relations
developed spy satellite '425Sat-3' into orbit using
⇢ New Delhi-based The Dialogue and Belgium-based
SpaceX’s Falcon 9 rocket.
Grayspace Law and Policy Consulting Firm have jointly
⇢ The satellite uses synthetic aperture radar (SAR)
launched Strategic Research, Innovation & Dialogue for
technology.
European Union (EU)-India Engagement (STRIDE-EUI)
⇢ SAR enables it to capture high-resolution images even in
to enhance the strategic partnership between India and
challenging conditions such as during night time or
the EU.
under cloud cover.
South Korea PM resigns
BRICS Labour meeting in Brazil
⇢ Han Duck-soo, the acting President and Prime Minister
⇢ The 11th BRICS Labour and Employment Ministers’
of South Korea, has resigned from his post.
meeting was held in Brasilia, Brazil, under the presidency
of Brazil. AIM4NatuRe by FAO
⇢ The theme of the meeting was “Strengthening the ⇢ The Food and Agriculture Organization (FAO) has
Cooperation of the Global South for More Inclusive and launched the Accelerating Innovative Monitoring for
Sustainable Governance”. Nature Restoration (AIM4NatuRe) initiative to help
⇢ Union Minister of State Sushri Shobha Karandlaje led the countries monitor and report on the restoration of
Indian delegation. degraded ecosystems.
⇢ The meeting concluded with a declaration focusing on “AI ⇢ The UK has pledged $9 million to support the initiative.
and the Future of Work” and “The Impacts of Climate
Change on the World of Work and a Just Transition”. Nicaragua withdrew from UNESCO
⇢ About BRICS: ⇢ The Nicaraguan government has withdrawn from
▪ Formation: Established in 2006 with Brazil, Russia, UNESCO.
India, and China (BRIC). ⇢ This follows UNESCO’s announcement that Nicaragua’s
▪ Expansion: Renamed BRICS in 2010 after South Africa exiled La Prensa newspaper will be awarded the 2025
joined. UNESCO/ Guillermo Cano World Press Freedom Prize.
▪ Further Growth: In 2023, Ethiopia, Egypt, Iran, and ⇢ Nicaragua joined the UNESCO in 1952 and was one of its
UAE became members during the 15th BRICS 194 member states.
Summit.
BANKING ⇢ RBI has extended the deadline for banks to install the new
Bureau of Indian Standards (BIS) standards Note Sorting
Machines (NSMs) by 6 months to November 2025.
UIICL ties up with SIDBI ⇢ The RBI has also directed banks and White Label ATM
⇢ United India Insurance Company Ltd (UIICL) has Operators (WLAOs) to ensure that ATMs dispense ₹100
partnered with the Small Industries Development Bank and ₹200 notes regularly.
of India (SIDBI) to sell general insurance products for the ⇢ By September 2025, 75% of all ATMs should dispense
MSME sector via the latter’s branches across India. either ₹100 or ₹200 notes from at least one cassette.
⇢ By March 2026, this should be increased to 90%.
Tata Neu SBI Card launched
⇢ SBI Cards & Payment Services Ltd has partnered with New payment card by Airtel Payments Bank
Tata Digital Pvt Ltd to launch a co-branded credit card ⇢ Airtel Payments Bank has launched NCMC-enabled
named the ‘Tata Neu SBI Card’. RuPay On-The-Go Cards.
⇢ The card is available in two variants:
▪ Tata Neu Infinity SBI Card New credit card by Kotak Mahindra Bank
▪ Tata Neu Plus SBI Card ⇢ Kotak Mahindra Bank has launched a premium, invite-
⇢ The cards are available on RuPay and Visa networks. only metal credit card named the 'Kotak Solitaire Credit
Card' for high-end travellers.
SBI Card Limited:
− MD & CEO – Salila Pande Kotak Mahindra Bank Limited (KMBL):
⇢ RBI has cancelled the licence of the Ahmedabad-based IndusInd Bank Limited:
Colour Merchants Co-operative Bank Ltd due to − MD & CEO- Sumant kathpalia
inadequate capital.
− Headquarters – Mumbai, Maharashtra
Amendments to LCR framework − Established in– 1994
⇢ RBI has revised the Liquidity Coverage Ratio (LCR) − Tagline – We make you feel richer
framework, applicable from April 2026.
ECONOMY Fund (IMF), the GDP growth of India for FY26 has been
revised to 6.2%, 30 basis points higher than the earlier
estimate.
HDFC Bank joins Rs 15 lakh crore club NLC India Renewables signs PPA
⇢ HDFC Bank became the third Indian company to achieve ⇢ Neyveli Lignite Corporation (NLC) India Renewables
a market capitalisation of ₹15 lakh crore after Reliance LTD (NIRL) has signed a Power Purchase Agreement
Industries and Tata Consultancy Services (TCS). (PPA) with the Rajasthan Rajya Vidyut Utpadan Nigam
LTD (RVUNL) for its 810 MW solar power project.
ClimateSafe launched by Bajaj Allianz ⇢ The project will be developed at the Pugal Solar Park in
⇢ Bajaj Allianz General Insurance Company has launched Bikaner, Rajasthan.
‘ClimateSafe’, India’s first parametric insurance product ⇢ The project is expected to generate 2 Billion Units (BU) of
for climate risk protection. green electricity annually.
− Chairman & Managing Director– Mukesh Ambani AGEL turns water positive
− Headquarters – Mumbai, Maharashtra
⇢ Adani Green Energy Ltd (AGEL) has become the world’s
− Established in – 1957 first Renewable Energy (RE) Independent Power
Producer (IPP) with a 14 Gigawatt (GW) operational
Combination proposal approved by CCI portfolio.
⇢ The Competition Commission of India (CCI) has
approved: Adani Green Energy Limited (AGEL):
⇢ Jubilant Beverages Ltd (JBL) acquiring a 40% stake in − Chief Executive Officer– Ashish Khanna
HealthCare Global Enterprises Ltd (HCCH) − Headquarters – Ahmedabad, Gujarat
⇢ KKR acquiring HCCH through Hector Asia Holdings and − established in– 2016
KIA EBT II Scheme
AWARDS
Photograph of the Year 2024 (was awarded £1,000).
⇢ 7 grassroots environmental activists have been ⇢ The award is given recognising her contribution to global
cinema and Indo-French cultural cooperation.
announced as the winners of the 36th Goldman
Environmental Prize (2025), also known as the ‘Green
RGIA achieves Level 5 accreditation
Nobel Prize’.
⇢ The Rajiv Gandhi International Airport (RGIA) has
⇢ Winners:
received Level 5 accreditation under the Airport Carbon
▪ Batmunkh Luvsandash from Mongolia (Asia)
Accreditation (ACA) programme, the highest
▪ Semia Gharbi from Tunisia
recognition for carbon management in the aviation
▪ Besjana Guri and Olsi Nika from Albania (Europe)
sector.
▪ Carlos Molina from Spain
▪ Laurene Allen from the US ⇢ It is the third airport in India and one among the top four
▪ Mari Murayari from Peru in the ACI Asia-Pacific & Middle East region to achieve
Level 5.
⇢ Semia Gharbi won for exposing a corrupt waste
trafficking scheme between Italy and Tunisia.
New honour to Sri Madhusudhan Sai
⇢ Besjana Guri and Olsi Nika won for campaigning against
⇢ Madhusudhan Sai, an Indian spiritual/humanitarian
hydropower developments on the Vjosa River in
leader, was conferred the ‘Companion of the Order of
Europe.
Fiji’, the highest civilian award of the country.
⇢ Carlos Molina won for halting the Fonsalía Port project.
⇢ Laurene Allen won for forcing the closure of the Saint- Green Airports Recognition 2025
Gobain Performance Plastics plant in France.
⇢ The Airports Council International Asia-Pacific & Middle
⇢ Mari Murayari won for leading a legal campaign granting East (ACI APAC & MID) has announced the winners of the
the Marañón River legal personhood. 9th edition of the Green Airports Recognition (GAR)
2025.
Laureus World Sports Awards 2025
⇢ Three Indian airports have been recognised:
⇢ Armand Duplantis, a pole vaulter from Sweden, has won
▪ Hubballi Airport (Karnataka) - recognised for
the Laureus World Sportsman of the Year Award 2025.
installing an 8 MW solar power plant
⇢ Simone Biles, a gymnast from the USA, has won the ▪ Kempegowda International Airport (Bengaluru) -
Laureus World Sportswoman of the Year Award 2025. won Silver under “15-38 million passengers per year”
⇢ Real Madrid Men’s Football Team of Spain has won the category for its “Sustainable Energy for a Greener
Laureus World Team of the Year award. Perpetuity” project
Award Winner Sport/Nationality ▪ Cochin International Airport (Kerala) - won Silver for
Laureus World setting up a 12 MWp solar power plant.
Lamine Football player
Breakthrough of the
Yamal from Spain
Year ACI Safety Recognition Awards 2025
Laureus World ⇢ Kempegowda International Airport (Bengaluru) has
Jiang Para swimmer from
Sportsperson of the Year won the Gold Award at the inaugural Safety Recognition
Yuyan China
with a Disability Awards 2025, presented by the 9th edition of Airports
Laureus Sporting Icon Rafael Tennis player from Council International (ACI) APAC & MID Regional
Award Nadal Spain Assembly in New Delhi.
Laureus Lifetime Kelly Award Winner
Surfing from USA
Achievement Award Slater Diamond
Dubai International Airport (DXB)
Award
MacGregor Memorial Medal recipients
Narita International Airport (NRT)
⇢ Five military personnel have been awarded the Silver Award
(Japan)
MacGregor Memorial Medal for the years 2023 and 2024.
⇢ The medal, instituted in 1888, is named after Major Indian wins HonorsGradU Scholarship
General Sir Charles Metcalfe MacGregor, the founder of ⇢ Japteg Singh Bamrah, a Class 12 student of Dalhousie
the USI (United Service Institution). Public School, has won the HonorsGradU 2025
⇢ A total of 127 such medals have been given so far. Scholarship “Build a Better Future” Award for his
Year Awardee Service invention of the Solar Mech Engine.
2023 Wing Commander D Panda IAF ⇢ He is among the 5 global winners.
Electrical Artificer (Radio) Rahul Indian ⇢ He won:
2023
Kumar Pandey Navy ▪ A scholarship of $10,000 for his undergraduate
Chief Electrical Aircraft Artificer Indian education in the US
2024
(Radio) Ram Ratan Jat Navy ▪ A grant of $5,000 for developing and scaling his
2024 Sergeant Jhumar Ram Poonia IAF innovation.
Indian ▪ He is the first student from India to win the award
2024 Colonel Ranvir Singh Jamwal
Army since its inception in 2012.
⇢ The Pulitzer Prize Board has announced the winners of New CEO for TrillionLoans Fintech
the 109th Pulitzer Prize (2025).
⇢ Sandeep Singh has been appointed as the CEO of
⇢ The New York Times (NYT) has won 4 awards in different
TrillionLoans Fintech Pvt Ltd (TFPL).
categories, increasing its total Pulitzer wins to 139.
⇢ He succeeds Sabyasachi Senapatis.
⇢ Charles Summer ‘Chuck’ Stone Jr. has been awarded a
⇢ TFPL is a digital-first Non-Banking Financial Company
special citation (posthumously).
(NBFC) regulated by the RBI.
⇢ The Pulitzer Prize is presented in 24 categories and the
winner receives a certificate and a cash prize of $15,000.
New CEO of ISM ⇢ The position was vacant following the retirement of RR
Singh.
⇢ Amitesh Kumar Sinha has been appointed as the CEO of
the India Semiconductor Mission (ISM) under the 267th Pope elected
Ministry of Electronics and Information Technology
⇢ Cardinal Robert Francis Prevost has been elected as the
(MeitY).
267th Pope of the Catholic Church.
⇢ He succeeds Sushil Pal.
⇢ He adopted the name Pope Leo XIV.
New appointment in IICA ⇢ He is the first Pope from the USA and succeeds Pope
⇢ Gyaneshwar Kumar Singh has taken charge as the Francis.
Director General and CEO of the Indian Institute of
Corporate Affairs (IICA).
52nd CJI
⇢ IICA works under the Ministry of Corporate Affairs ⇢ Justice B R Gavai has been sworn in as the 52nd Chief
(MCA). Justice of India.
⇢ He succeeds Justice Sanjiv Khanna.
Chairpersons of CoE and CoPU for FY26
⇢ Dr. Sanjay Jaiswal has been appointed as the Venugopal to chair PAC
Chairperson of the Committee on Estimates (CoE) for ⇢ Congress leader KC Venugopal has been re-appointed as
FY26. the chairperson of the Public Accounts Committee
⇢ The committee has 30 members. (PAC).
⇢ Baijayant ‘Jay’ Panda has been re-appointed as the
Chairperson of the Committee on Public Undertakings Praveen Sood gets tenure extension
(CoPU) for FY26. ⇢ The tenure of Praveen Sood as the Director of the Central
⇢ The committee consists of 22 members. Bureau of Investigation (CBI) has been extended for a
period of one year.
New appointment in NFDC
⇢ Prakash Magdum has been appointed as the MD of the Jaworski chairs Brisbane 2032 Commission
National Film Development Corporation (NFDC). ⇢ Mikaela Jaworski has been appointed as the Chair of the
⇢ He succeeds Prithul Kumar. Coordination Commission for the Brisbane 2032
Olympic Games.
New PM for Yemen
⇢ She will succeed Kristy Coventry, who is set to become
⇢ The Presidential Leadership Council (PLC) of Yemen has
the IOC President in June 2025.
appointed Salem Saleh Bin Braik as the new Prime
Minister of Yemen. New appointment in SECI
⇢ He succeeds Ahmed Awad bin Mubarak.
⇢ Santosh Kumar Sarangi has been given an additional
Yemen: charge as the CMD of the Solar Energy Corporation of
− Prime Minister– Salem Saleh Bin Braik India (SECI).
− Capital – Sanaa ⇢ He succeeds Rameshwar Prasad Gupta.
New MD for Titan Company Limited SMBC to buy stake in Yes Bank
⇢ Ajoy Chawla has been appointed as the MD of Titan ⇢ The Japan-based Sumitomo Mitsui Banking
Company Ltd. Corporation (SMBC) has signed an agreement to acquire
⇢ He succeeds CK Venkataraman. a 20% stake in YES Bank Ltd through a secondary stake
purchase valued at around ₹13, 483 crore.
New CEO for NTPC Green Energy Ltd
⇢ NTPC Green Energy Ltd (NGEL) has appointed Sarit CCI approves stake acquisition in EPL Ltd
Maheshwari as its new CEO and designated Key ⇢ The Competition Commission of India (CCI) has
Managerial Personnel (KMP). approved the acquisition of a 24.9% stake in EPL Ltd by
⇢ He succeeds Rajiv Gupta. Indorama Netherlands from Blackstone for ₹1,908 crore.
⇢ NGEL was integrated in 2022. ⇢ The Letter of Intent (LoI) flags the way for Starlink to
obtain a Global Mobile Personal Communication by
Satellite (GMPCS) licence, essential for offering satellite-
based internet services in India.
ACQUISITION
⇢
CCI Approves Patanjali's Acquisition
The Competition Commission of India (CCI) has
AGREEMENTS
approved Patanjali’s acquisition of Magma General
Insurance for ₹4,500 crore. India and Italy signed MoU
⇢ Anna Maria Bernini, Minister of University and Research
Ambuja Cements acquires Orient Cement of Italy, recently visited India and met with Union
⇢ Ambuja Cements has taken over Orient Cement Ltd Minister Dr Jitendra Singh.
(OCL), previously managed by the CK Birla Group. ⇢ They discussed the implementation of the 2025-27
⇢ Ambuja Cements now owns a 46.66% stake and has full Executive Programme for Scientific and Technological
control of OCL. Cooperation under the Joint Science and Technology
⇢ Appointments: Vaibhav Dixit: Executive Director (ED), Agreement Programme (JSAP) 2025-29.
Vinod Bahety: Chairman, and Kajal Sarda: Chief ⇢ The Indo-Italian Executive Programme of Cooperation
Financial Officer (CFO). (EPOC) for 2025-27 was also signed.
⇢ The current programme includes joint funding for 10
CCI approves acquisition deal research mobility proposals and 10 collaborative
⇢ The Competition Commission of India (CCI) has research projects.
approved the acquisition of AAM India Manufacturing ⇢ Over 150 joint research projects have been successfully
Corporation Pvt Ltd (AAMCPL) by Bharat Forge Ltd implemented under this framework so far.
(BFL). ⇢ The minister also briefed about India’s Deep Ocean
⇢ The CCI has also approved wealth management Mission, which aims to send a submersible 6,000 meters
company 360 ONE Private Equity Fund and Bharti Life deep into the ocean, with a trial dive of 500 meters
Ventures Pvt Ltd (BLVPL) to acquire certain stakes in planned for 2026.
Bharti Axa Life Insurance Company Ltd (BALIC).
India and Slovakia sign Defence MoU
NABARD invests in 24x7 Moneyworks ⇢ India has signed its first defence MoU with Slovakia to
⇢ NABARD has acquired a 10% stake in the bootstrapped enhance India’s indigenous defence production
startup 24x7 Moneyworks Consulting Pvt Ltd. capabilities.
⇢ The partnership aims to promote the adoption of
'eKisanCredit (eKCC)', a digital loan origination platform Mahagenco and ROSATOM signs MoU
for cooperative banks and rural institutions. ⇢ Maharashtra State Power Generation Company Ltd
(MAHAGENCO) has signed an MoU with the Russia-
LIC increases stake in Bank of Baroda based ROSATOM to jointly develop a thorium-fuelled
⇢ LIC has increased its stake in Bank of Baroda (BoB) from Small Modular Reactor (SMR) in Maharashtra.
5.03% to 7.05%. ⇢ The development of the reactor will be in accordance with
⇢ The purchase was made through the Open Market the safety standards of the Atomic Energy Regulatory
Purchases (OMP). Board (AERB) and the Government of India.
AMSL acquires IDL Explosives Limited CREDAI signs MoU with NSDC and QCI
⇢ Apollo Micro Systems Ltd (AMSL) has signed a Share ⇢ The Confederation of Real Estate Developers’
Purchase Agreement (SPA) to acquire 100% equity stake Associations of India (CREDAI) has signed an MoU with
in IDL Explosives Ltd for ₹107 crore. the National Skill Development Corporation (NSDC) and
the Quality Council of India (QCI).
India, South Africa talk PTA deal India UK Free Trade Deal Sealed
⇢ India and South Africa have held talks on a preferential ⇢ India and the UK have signed a free trade agreement
trade agreement (PTA) or a limited trade deal via the (FTA) and a double contribution convention.
South African Customs Union (SACU) to expand trade ⇢ As per the FTA, 99% of Indian exports will benefit from
ties. zero duty in the U.K. market.
⇢ South Africa is India’s largest trading partner in Africa. ⇢ The automotive tariffs will be reduced from over 100% to
⇢ Bilateral trade between the countries stood at $19.25 10% under a quota.
billion in FY24. ⇢ It will also reduce import duty on 90% of tariff lines, with
⇢ Nearly 95% of the trade between India and SACU nations 85% of these becoming fully tariff-free within a decade.
happens with South Africa.
Cultural cooperation agreement
SBI signs MoU ⇢ Britain’s minister Lisa Nandy has signed a cultural
⇢ SBI has signed an MoU with the Land Ports Authority of cooperation agreement with Union Minister Gajendra
India (LPAI) to enhance banking services infrastructure Singh Shekhawat in New Delhi.
at 26 land ports bordering India’s neighbouring ⇢ The new UK-India Programme of Cultural Cooperation
countries. aims to enhance two-way cultural exchanges through
⇢ The aim is to increase trade transactions from the current arts and heritage.
₹80,000 crore to ₹2 trillion by 2030.
United Kingdom (UK):
⇢ LPAI currently operates 15 land ports across 8 border
− Prime Minister– Keir Starmer
states.
− Capital- London
Sa-Dhan signs MoU with BoI − Currency- Pound Sterling
⇢ Sa-Dhan has signed an MoU with Bank of India to
enhance financial access for small, micro, and women- Intel signs MoU with IndiaAI
led enterprises. ⇢ Intel has signed an MoU with the IndiaAI mission to
⇢ The aim is to achieve National Financial Inclusion and launch an initiative aimed at strengthening AI capabilities
Sustainable Development Goals (SDGs). and skills across India.
⇢ The collaboration will focus on 4 programs: YuvaAI,
India and Chile to deepen trade ties with CEPA StartupAI, IndiaAI Dialogues, and Enabling Bhashini for
⇢ India and Chile have signed the Terms of Reference scaling to remote regions.
(ToR) for a Comprehensive Economic Partnership
Agreement (CEPA). DST partners with DRDO
⇢ The ToR were signed by: ⇢ An institute of the Department of Science and
▪ HE Mr. Juan Angulo, Ambassador of Chile in India Technology (DST) has signed an MoU with a DRDO
▪ Vimal Anand, Joint Secretary, Department of institute.
Commerce, Ministry of Commerce & Industry ⇢ The MoU aims to utilize the observational facilities and
scientific expertise of the Aryabhatta Research Institute
Chile:
of Observational Sciences (ARIES) to strengthen India’s
− President – Gabriel Boric Font Space Situational Awareness (SSA) capabilities.
− Capital – Santiago
C-DOT partners with CSIR-NPL
− Currency – Chilean Peso
⇢ The Centre for Development of Telematics (C-DOT) has
IFSCA and NISM tie up for capacity building signed an MoU with CSIR–National Physical Laboratory
⇢ The International Financial Services Centres Authority (CSIR-NPL).
(IFSCA) has signed an agreement with the National ⇢ The aim is to promote collaborative research and
Institute of Securities Markets (NISM). innovation in quantum and classical communication
⇢ NISM is designated as a training partner for IFSCA and its technologies.
registered intermediaries.
HLL Lifecare partnership with STO
⇢ NISM is a public trust established in 2006 by SEBI.
⇢ HLL Lifecare Ltd, under the Ministry of Health & Family
IWAI partners with Rhenus Logistics Welfare (MoH&FW), has signed an agreement with the
⇢ The Inland Waterways Authority of India (IWAI) has State Trade Organisation Plc (STO) of the Maldives for
signed an MoU with Rhenus Logistics India Pvt Ltd to the import and distribution of essential goods, under PM
operate barge services in various national waterways. Bhartiya Janaushadhi Pariyojana (PMBJP).
Asian Development Bank (ADB): ⇢ India has signed 13 MoUs with the Maldives to improve
ferry services in the island nation.
− President– Masato Kanda (Japan)
⇢ The MoUs are signed under the Indian grant assistance
− Headquarters– Manila, the Philippines
scheme High Impact Community Development Project
− Established in – 1966 (HICDP) Phase III.
⇢ Under this phase, 13 projects have been launched with a
HCLTech partners with IIT Guwahati
grant of MVR 100 million (about ₹55 crore).
⇢ HCLTech has signed an MoU with IIT Guwahati to provide
advanced education in AI to its employees.
⇢
NLCIL & IREL MoU for critical minerals
NLC India Ltd (NLCIL) has signed an MoU with Mumbai RANK AND INDEXES
based IREL (India) Ltd to collaborate on the exploration,
assessment, and development of critical minerals,
THE Asia University Ranking 2025
including rare earth elements (REEs).
⇢ According to the "Asia University Rankings 2025"
GDAI partners with SEPC released by the Times Higher Education (THE), IISc
Bengaluru is the top-ranked Indian institute (38th
⇢ The Game Developers Association of India (GDAI) has
overall with a score of 65.2).
signed an MoU with the Services Export Promotion
Council (SEPC) to promote the gaming and esports ⇢ IIT Indore (131st) and IIT Guwahati (184th) are the only
sectors in India. two IITs among India’s top 10.
⇢ Shoolini University of Biotechnology and Management
India-EU launch new initiatives Sciences (146th rank, score 48.1) is the highest-ranked
⇢ India and the European Union (EU) have launched 2 private university in India.
research initiatives under the India-EU Trade and ⇢ Tsinghua University (China) is ranked first with a score
Technology Council (TTC) with a joint investment of ₹391 of 92.5, followed by Peking University (China, score 92),
crore. National University of Singapore (NUS), and Nanyang
⇢ The initiatives focus on Marine Plastic Litter (MPL) and Technological University (NTU, Singapore).
Waste-to-Green Hydrogen (W2GH) technologies. ⇢ Japan has the highest representation with 119
⇢ Marine Plastic Litter (MPL): universities, followed by India with 107.
▪ Objective: Develop solutions for monitoring and Rank Name of the Institution Country
mitigating ocean pollutants (microplastics, heavy 1 Tsinghua University China
metals, organic waste). 2 Peking University China
▪ Funding: 3 National University of Singapore Singapore
o EU Contribution- €12 million (~₹115 crore) under
4 Nanyang Technological University Singapore
Horizon Europe research framework.
5 The University of Tokyo Japan
o India’s Contribution- ₹90 crore (~€9.3 million)
from the Ministry of Earth Sciences (MoES),
Government of India (GoI). Rank Name of the Institute State
▪ Alignment- Supports UN Decade of Ocean Science, 38 IISc Bengaluru Karnataka
EU Zero Pollution Action Plan, and India’s National 111 Anna University Tamil Nadu
Marine Litter Policy.
131 IIT Indore Madhya Pradesh (MP)
⇢ Waste to Green Hydrogen (W2GH):
▪ Objective- Develop cost-effective methods to convert
biogenic waste into green hydrogen S&P Global Banking Ranking
▪ Funding:
⇢ According to the list of "world’s top 100 largest banks (by
o EU Contribution- €10 million (~₹96 crore).
assets)" released by S&P Global Market Intelligence, SBI
o India’s Contribution- ₹90 crore (~€9.3 million)
(43rd) and HDFC Bank Ltd (73rd) are the only two Indian
from the Ministry of New and Renewable Energy
banks featured in the list.
(MNRE), GoI
TCS global ranking in value terms ⇢ The Mk-II(A) Laser-Directed Energy Weapon (DEW)
system, capable of disabling missiles, drones and smaller
⇢ According to a brand ranking released by Kantar, TCS is
projectiles, also successfully completed trials.
ranked 45th globally, valued at $57.3 billion (a 28% year-
on-year increase). Larsen & Toubro Limited (L&T):
⇢ Other Indian brands that featured in the list are HDFC − CMD- S.N. Subrahmanyan
Bank (56th), Bharti Airtel (66th), and Infosys (73rd). − Headquarters – Mumbai, Maharashtra
Rank Brand Brand Value (in billions)
− Established in – 1946
1 Apple $1,299.65
2 Google Defence Literature Festival
3 Microsoft
⇢ The Centre for Joint Warfare Studies (CENJOWS), in
45 TCS $57.3
collaboration with Pentagon Press, has organised the 2nd
edition of the Defence Literature Festival ‘Kalam &
Kavach 2.0’ in New Delhi.
EXERCISES ⇢ The event was based on the theme ‘Securing India’s Rise
through Defence Reforms’.
DEFENCE ⇢
India and France conclude Rafale M deal
India and France have signed the Inter-Governmental
Agreement (IGA) for the procurement of 26 Rafale-M
India-Italy strategic partnership fighter jets for the Indian Navy, worth ₹63,000 crore.
⇢ Defence Secretary Rajesh Kumar Singh has visited Rome, ⇢ The Indian Navy currently operates MiG-29K jets (45 of
Italy to strengthen the strategic partnership between them) procured from Russia.
India and Italy in the defence sector. ⇢ The Indian Air Force (IAF) also operates 36 Rafale jets
acquired in 2016 for ₹60,000 crore.
⇢ PM Narendra Modi has inaugurated India’s first private Defence Research and Development Organisation
sector military drone testing runway and loitering (DRDO):
munition test facility in Nagpur. − Chairman – Dr Samir Venkatapathy Kamat
⇢ Taiwan has conducted its first live-fire test of the High New wildlife sanctuary
Mobility Artillery Rocket System (HIMARS), supplied by ⇢ The Madhya Pradesh government has declared the
the USA, at the Jiupeng military base in Pingtung establishment of a new wildlife sanctuary named after Dr
country, Taiwan. BR Ambedkar in Sagar district.
⇢ HIMARS can be equipped with: ⇢ The sanctuary, named Dr Bhimrao Ambedkar Abhyaran,
▪ One pod containing six 227 Millimeter (mm) rockets is spread across an area of 258.64 sq km.
▪ A single Army Tactical Missile System (ATACMS) with ⇢ The declaration was made ahead of his 134th birth
a range of up to 300 Kilometres (km) anniversary.
STATE NEWS Ghats: The board decided to safeguard sacred groves and
form a committee under APCCF West to create proposals
for declaring them as conservation reserves
⇢ Action on Animal-Human Conflict: The Chief Minister
Godrej Capital partners with Telangana govt urged officials to resolve long-pending proposals related
⇢ Godrej Capital has signed an MoU with the Telangana to conflicts between wildlife and humans.
government to support the growth of micro, small, and
Maharashtra:
medium enterprises (MSMEs) in the state.
− Chief Minister - Devendra Fadnavis
Telangana: − Governor- C.P. Radhakrishnan
− Chief Minister– Anumula Revanth Reddy − Capital– Mumbai
− Governor – Jishnu Dev Varma − Wildlife Sanctuaries– Bhimashankar Wildlife Sanctuary,
− Capital – Hyderabad Koyna Wildlife Sanctuary
AP partners with Creativeland Asia Welfare schemes for Assam Tea workers
⇢ Andhra Pradesh has partnered with Creativeland Asia ⇢ The Assam government has approved the “Eti Koli Duti
(CLA) to develop “Creatorland”, India’s first Transmedia Paat” scheme to provide financial assistance to tea
Entertainment City. garden workers.
⇢ The project was signed during the WAVES summit. ⇢ Under the scheme, the government will provide a one-
⇢ The project is expected to attract investments ranging time assistance of ₹5,000 to each permanent and
from ₹ 8,000 crore to ₹10,000 crore over the next 5–6 temporary worker in the tea gardens of Assam.
years.
⇢ The scheme will be launched in October 2025.
Haryana govt announces a new scheme ⇢ The announcement was made during the 200th
anniversary celebration of the state Tea.
⇢ The Haryana government has approved the “Pandit
Lakhmi Chand Kalakar Samajik Samman Yojana” to Assam:
provide financial assistance to senior artists and scholars
− Chief Minister– Himanta Biswa Sarma
in the state.
− Governor – Lakshman Prasad Acharya
⇢ Under the scheme, eligible artists will receive a monthly
honorarium of ₹10,000. − Capital – Dispur
− National Park– Kaziranga NP, Manas NP
May 5 as Traders Day in TN
⇢ Tamil Nadu government has announced May 5 as the Mukhyamantri Suposhan Abhiyan
official Traders’ Day at the 42nd annual meeting of the ⇢ The Uttar Pradesh government has launched the
Traders’ Association. ‘Mukhyamantri Suposhan Abhiyan’ to combat
malnutrition among children (aged 3-6) in 8 aspirational
AI based agri app launched
districts of the state.
⇢ Karnataka-based SBOF Agrosmart Pvt Ltd has launched
⇢ The scheme has been allocated a budget of ₹254.8 crore.
SBOF Agrosmart, which is touted as India’s first AI-based
all-in-one agriculture app. Uttarakhand secures funding from EIB
⇢ The application offers 24/7 multlingual chatbot
⇢ Uttarakhand has secured funding of ₹1,910 crore from
assistance to the farmers.
the European Investment Bank (EIB) to improve urban
Tapti Basin Mega Recharge Project infrastructure development across the state.
▪ Pithoragarh-Drinking water and sewerage system
⇢ The governments of Madhya Pradesh and Maharashtra
development.
have signed an MoU to implement the Tapti Basin Mega
▪ Sitarganj, Rudrapur, Kashipur-Enhancement of
Recharge Project.
drinking water supply infrastructure.
⇢ The signing took place in Bhopal, Madhya Pradesh.
⇢ The project, worth ₹19,244 crore, is considered the world’s
largest groundwater recharge initiative.
FESTIVALS
⇢ It aims to tackle water scarcity, ensure sustainable
irrigation, and strengthen
⇢ drinking water supply through groundwater recharge.
⇢ It will provide permanent irrigation to:
▪ 1,23,082 hectares in Madhya Pradesh Strawberry Festival 2025
▪ 2,34,706 hectares in Maharashtra ⇢ The Government of Meghalaya has organised the 2-day
Strawberry Festival 2025.
UP Govt & World Bank launch initiatives
⇢ The festival is across three locations:
⇢ The Uttar Pradesh government and the World Bank ▪ Sohliya in Ri-Bhoi district
(WB) have jointly launched two initiatives: ▪ Syntung in East Khasi Hills
▪ ‘UP AGREES (Uttar Pradesh Agriculture Growth and ▪ Darechikgre in West Garo Hills
Rural Enterprise Ecosystem Strengthening)’ and
⇢
developed from Samba Mahsuri.
The second variety is from Maruteru 1010 (MTU1010). SPORTS
IIT Bombay tech in AC air purifier
Will Pucovski announces retirement
⇢ AIRTH, a startup, has launched the first AC air purifier
⇢ Will Pucovski, an Australian cricketer, has announced
which uses the Filtrix.
retirement from all forms of cricket.
⇢ Filtrix is a filtration technology developed by IIT Bombay.
⇢ He won the Bradman Young Cricketer of the Year award
⇢ The technology is used in over 30,000 ACs across India. in 2019.
⇢ Oscar Piastri, an Australian national racing for McLaren, Badminton World Federation (BWF):
has won the Formula One (F1) Bahrain Grand Prix 2025. − Headquarters- Kuala Lumpur, Malaysia
⇢ India finished third in the medal tally with 7 medals (2 Neeraj Chopra wins athletics event
gold, 4 silver, and 1 bronze) at the International Shooting
Sport Federation (ISSF) Rifle/Pistol and Shotgun (RPSH) ⇢ Neeraj Chopra, an Indian javelin thrower, has won gold
World Cup 2025 held in Lima, Peru. at the Potch Invitational Meet in Potchefstroom, South
⇢ China topped the tally with 13 medals, followed by the Africa.
USA. ⇢ He won with a throw of 84.52 m.
⇢ Suruchi Singh won gold in the women’s 10m air pistol
India wins Asian Yogasana Championship
event, defeating double Olympic medallist Manu Bhaker.
⇢ The pair of Suruchi Singh and Saurabh Chaudhary has ⇢ India has won 83 gold medals and ranked top at the 2nd
won gold in the 10m air pistol mixed team event, Asian Yogasana Sport Championship held at the KD
defeating Hu Kai and Yao Qianxun of China. Jadhav Arena, Indira Gandhi Sports Complex in New
⇢ Gold medallists from the Lima event have qualified for the Delhi.
season-ending ISSF World Cup Final (WCF) 2025 in ⇢ Japan ranked second, followed by Mongolia, Oman, and
Doha, Qatar. Nepal.
FC Goa wins Kalinga Super Cup 2025 Archery World Cup 2025 Stage 2
⇢ FC Goa has won the Kalinga Super Cup 2025 by ⇢ India has won 7 medals including 2 gold, 1 silver, and 4
defeating Jamshedpur FC by 3-0 in the final held at the bronze at the Archery World Cup 2025 Stage 2, held in
Kalinga Stadium in Bhubaneswar, Odisha. Shanghai, China.
⇢ Borja Herrera has won the Player of the Match award. ⇢ India ranked second in the medal tally, topped by South
⇢ With this win, the team has qualified for the Asian Korea with 7 medals (5 gold and 2 silver).
Football Confederation (AFC) Champions League 2 ⇢ Madhura Dhamangaonkar has won gold in the
(ACL2) Playoffs. Women’s Individual Compound event.
⇢ The Indian team comprising Ojas Deotale, Abhishek
Indian paddlers win title in Bangkok
Verma, and Rishabh Yadav has won gold in the Men’s
⇢ Ankur Bhattacharjee and Abhinandh Pradhavadhi won Compound Team event.
the Under-19 (U-19) boys doubles title at the WTT Youth
⇢ Archery World Cup 2025:
Star Contender Table tennis in Bangkok, Thailand.
▪ Stage 1 - Florida, USA
⇢ The Indian duo defeated the Korean duo Lee Jungmok
▪ Stage 3 - Antalya, Turkey
and Choi Jiwook 3-1 in the final.
▪ Stage 4 - Madrid, Spain
⇢ U-19 Girls’ Doubles: Syndrela Das & Divyanshi Bhowmick
⇢ The World Cup Final will be held in Nanjing, China.
won silver, losing to Thailand’s Wirakarn Tayapitak &
Phatsaraphon Wonglakhon in the final.
China wins Sudirman Cup
⇢ U-15 Girls’ Singles: Divyanshi Bhowmick won silver, falling
⇢ China has won the Sudirman Cup 2025 Final, held in
1-3 to China’s Liu Ziling in the final.
Xiamen, China, securing their 14th title.
⇢ U-15 Girls’ Doubles: Riana Bhootia & Ananya
Muralidharan won silver in the final. ⇢ South Korea was the runner-up.
⇢ Tournament Prize Pool: $ 15,000
Asian Blitz Chess Championship 2025
Piastri wins Miami GP ⇢ Russian Grandmaster (GM) Ivan Zemlyanskii won the
⇢ Oscar Piastri, an Australian national racing for McLaren, open title ($2,500 cash prize) at the 2025 Asian Blitz
has won the Formula One (F1) Miami Grand Prix 2025. Chess Championship held at Al Ain, UAE.
⇢ This marks Oscar Piastri’s third consecutive win; ⇢ Kazakhstan’s Woman GM Alua Nurman won the
▪ Bahrain GP women’s crown ($1,500) at the same event.
▪ Saudi Arabia GP
Asian Chess Federation (ACF):
Rank F1 Driver Country
− President – Sheikh Sultan bin Khalifah Al Nahyan
1 Oscar Piastri, McLaren Australia
2 Lando Norris, McLaren UK − Headquarters –United Arab Emirates (UAE)
3 George Russell Mercedes UK − Established – 1951
Rohit Sharma retires from Test cricket Brazil to host FIFA Women’s WC 2027
⇢ Rohit Sharma, an Indian cricketer, has announced ⇢ Brazil has been selected as the host for the FIFA
retirement from Test cricket. Women's World Cup 2027.
⇢ He has been leading the Indian Test team since February ⇢ This decision was made at the 74th FIFA congress, held in
2022. Bangkok, Thailand.
⇢ He played 67 tests, scored 4,301 runs at an average of ⇢ This edition will feature 32 national teams.
40.57, with 12 centuries and 18 fifties.
⇢ His highest score was 212 vs South Africa (2019). New President of Marylebone Cricket Club
⇢ He captained India in 24 Test matches, securing 12 wins. ⇢ Edward Thomas Smith has been appointed as the
⇢ He holds the world record for the highest individual score President of the Marylebone Cricket Club (MCC).
in ODI with 264 runs against Sri Lanka in 2014 and three
⇢ He succeeds Lord King of Lothbury.
double centuries.
⇢ He received the Arjuna award in 2015 and Major Dhyan
Chand Khel Ratna Award in 2020.
Report by Ministry of Home Affairs Annual South Asia Press Freedom Report (SAPFR)
⇢ According to the Sample Registration System (SRS) ⇢ According to the 23rd Annual South Asia Press Freedom
Statistical Report 2021 released by the Ministry of Home Report (SAPFR 24-25) titled ‘Frontline Democracy: Media
Affairs, the Crude Death Rate (CDR) in India (number of and Political Churn’ released by the International
deaths per 1,000 people) increased to 7.5 in 2021.
Federation of Journalists (IFJ), a total of 250 media rights
⇢ Uttar Pradesh recorded the highest number of deaths.
violations were recorded in 8 South Asian countries.
⇢ The death rate in rural areas increased from 6.4 to 7.9,
⇢ Pakistan witnessed the “most violent year for
and in urban areas from 5.1 to 6.6 between 2020 and 2021.
journalists in the country”.
⇢ The birth rate declined from 36.9 in 1971 to 19.3 in 2021.
⇢ The report also dedicated a section titled ‘India:
⇢ Registered births reduced marginally by 0.1% from 24.22
Propaganda and the Press’ to the state of journalism in
million to 24.2 million.
India.
⇢ The Infant Mortality Rate (IMR) declined from 39 per
1000 live births in 2014 to 27 per 1000 live births in 2021.
Primates in Peril Report
⇢ The Sex Ratio at Birth improved from 899 in 2014 to 913
in 2021. ⇢ The Primate Specialist Group (PSG) of the International
⇢ 8 states have attained the SDG target of MMR (<=70 by Union for Conservation of Nature (IUCN), in collaboration
2030), 12 states/UT have attained the SDG target of with the International Primatological Society (IPS) and
U5MR (<=25 by 2030), and 6 states/UT have attained the Re:wild, has released the 12th edition of the report titled
SDG target of NMR (<=12 by 2030). “Primates in Peril: The World’s 25 Most Endangered
⇢ Life expectancy was estimated at 69.8 years between Primates 2023 – 2025”.
2017 and 2021. ⇢ The report includes 6 species from Africa, 4 from
⇢ Life expectancy at birth: Madagascar, 9 from Asia and 6 from Neotropics (Central
▪ Highest: & South America).
o Delhi for males (73 years) ⇢ Known endangered primates mentioned in the report:
o Kerala for females (77.9 years)
⇢ Cross River Gorilla (Cameroon and Nigeria)
▪ Lowest:
⇢ Tapanuli Orangutan (Sumatra, Indonesia)
o Chhattisgarh (62.8 years for males and 66.4 years
for females) ⇢ 67 primates have been listed since 2000.
▪ Odisha recorded the maximum per annum average
increase in life expectancy for males, and Himachal India tops PMI ranking
Pradesh and Odisha for females. ⇢ According to a Purchasing Managers’ Index (PMI) report
released by JP Morgan for April 2025, India ranks top
Most spoken languages globally among the developed and emerging economies in terms
⇢ According to a recent research by Ethnologue, Hindi (3rd), of manufacturing and services activity.
Bengali (7th), Urdu (11th), Marathi (16th), and Telugu (18th) ⇢ India’s manufacturing PMI stood at 58.2 and services PMI
are among the top 20 most spoken languages stood at 58.7.
worldwide in 2025.
⇢ The Global Manufacturing PMI decreased from 50.3 in
⇢ Hindi, with 609.1 million speakers, is the 3rd most
March 2025 to 49.8 in April 2025.
spoken language globally and the most spoken
language in India, in 2025.
SIDBI report on MSME sector
⇢ English is the most spoken language globally with 1.53
billion speakers across 188 countries, followed by Chinese ⇢ According to a report by the Small Industries
Mandarin. Development Bank of India (SIDBI) titled ‘Understanding
the Indian MSME Sector: Progress, and Challenges’, the
Indias unemployment rate in April number of registrations on the Udyam Registration
⇢ According to the maiden monthly labour force survey Portal (URP) has increased to over 6.2 crore by March
released by the National Statistical Office (NSO), the 2025.
unemployment rate of India stood at 5.1% in April 2025. ⇢ MSMEs contribute nearly 30% to India’s GDP and provide
employment to over 11 crore individuals.
BOOKS ⇢
experimental earth observation satellites BHASKARA-I &
II.
He steered the first operational Indian Remote Sensing
satellite IRS-1A.
Nan Kanda Bharatham translated to English ⇢ He was a recipient of Padma Shri in 1982, Padma
⇢ Sriram V has translated freedom fighter S Bhushan in 1992, and Padma Vibhushan in 2000.
Ambujammal’s 1973 Tamil autobiography “Nan Kanda ⇢ The first successful flight testing of Geosynchronous
Bharatham” into English as “The India I Saw:: A Glimpse Satellite Launch Vehicle (GSLV) took place under his
into the Life of S. Ambujammal”. leadership.
⇢ The book was published by the Rupa Publications. ⇢ He was also a member of the Rajya Sabha.
Observed by – International
Association of Art (IAA), and UNESCO
World Art Day April 15 DNA – Do No Algorithm Observed since – 2012
Commemorating – Birth anniversary
of Italian artist Leonardo da Vinci
April 17 Access for All: Women and Girls Observed by – World Federation of
World Hemophilia Day
Bleed Too Hemophilia
Observed by – UN
Shakespeare at the UN:
English Language Day April 23 Observed since – 2010
Exploring the Timeless
Relevance of the Bard's Works Commemorating – Death
anniversary of William Shakespeare
Observed by – UN
International Mother Earth
April 22 Observed since – 2009
Day Our Power, Our Planet
Proposed by – John McConnell
(American peace activist)
Observed by – UN
International Chernobyl Commemorating – The event of
April 26
Disaster Remembrance Day Chernobyl disaster which took place
in USSR (now Ukraine) in 1986
World Laughter Day First Sunday of May Laugh for Health, Peace and Observed since – 1998
(May 4 in 2025) Happiness
World Hand Hygiene Day It might be gloves. It’s always Observed by – WHO
May 05
hand hygiene
Observed by – International
International Day of the
May 05 Midwives: Critical in Every Crisis Confederation of Midwives
Midwife (IDM)
Observed since – 1991
Observed by – Technology
Development Board (TDB), under
Ministry of Science and
YANTRA – Yugantar for Technology(MoS&T)
National Technology Day
May 11 Advancing New Technology, Observed since – 1999
Research & Acceleration Commemorating – Operation Shakti
(Pokhran-II) nuclear tests and the
maiden flight of the indigenous
Hansa-3 aircraft
International Day of Plant The Importance of Plant Health Observed since – 2022
May 12
Health (IDPH) in One Health