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Daily Current Affairs: 25 April 2025

Current affairs of 25 April 2025: Pakistan Closes Airspace and Trade After Pahalgam Attack; WTO in the Reciprocal Tariff Era: Decline and India’s Options; IndiaAI Mission Adds 15,000 GPUs, Total to Reach 33,000, and 21 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)April 2025
24 TOPICSDaily CurrentAffairs25 April 2025In focus: Pakistan Closes Airspace and Trade After…safalsetu.com

In this issue: 24 topics

National Affairs

  1. World Malaria Day 2025: Theme ‘Malaria Ends With Us’

Government Schemes

  1. DigiLocker for Athletes: Sports Documents Go Digital
  2. ESI Scheme Adds Over 15.43 Lakh New Workers in February

Banking & Finance

  1. Equity Mutual Funds: Information Ratio Analysis 2020-25
  2. NSE SME Migration Rules: New Mainboard Eligibility from May 2025
  3. SEBI Fines Future Retail ₹10 Lakh; SM REIT Disclosure Changes
  4. FIU-IND Orders Crypto Exchanges to Redo KYC by 30 June
  5. Spandana Sphoorty MD Quits After RBI Inspection Reports
  6. SEBI Penalises Future Retail ₹10 Lakh Over SIAC Disclosure
  7. RBI Caps FEMA Compounding Penalty at ₹2 Lakh
  8. Indian Bank Cuts Home and Vehicle Loan Rates After Repo Cut

Economy

  1. CBDT Bars Tax Deduction on Settlement Payments
  2. RBI Gold Purchases of 57.5 Tonnes in FY25
  3. IMF Cuts India FY26 Growth to 6.2%, Urges Private Investment
  4. ECB Inflows Hit $20.3 Billion: Trend and Outlook
  5. US Tariffs and India: Export Risks and Policy Options
  6. 1% TCS on Luxury Goods Above Rs 10 Lakh From April 22, 2025

International Affairs

  1. Pakistan Closes Airspace and Trade After Pahalgam Attack
  2. WTO in the Reciprocal Tariff Era: Decline and India’s Options

Science & Technology

  1. IndiaAI Mission Adds 15,000 GPUs, Total to Reach 33,000
  2. World Malaria Day 2025: History, Impact and Control
  3. Shenzhou-20 Carries Three Astronauts to Tiangong Station

Reports & Indexes

  1. ILO Report on Algorithmic Management and Job Quality in India
  2. Panchayat Advancement Index: Frontrunners, Gaps and Challenges

National Affairs

Government Schemes

Banking & Finance

Economy

4. Equity Mutual Funds: Information Ratio Analysis 2020-25

  • Over 2020-2025 only one in three equity mutual fund schemes beat their benchmark on information ratio.
  • Only 62 of 208 active equity schemes (excluding sectoral and thematic) had a positive five-year IR.
  • Smallcap funds did worst, with just 3 of 21 schemes outperforming.
  • Information Ratio equals excess return over the benchmark divided by the standard deviation of that excess.
Full notes and 3 MCQs ›

Economy

Economy

15. ECB Inflows Hit $20.3 Billion: Trend and Outlook

  • Net ECB inflows more than doubled to $20.3 billion, the highest in at least five years, from $8.8 billion a year earlier.
  • Lower overseas borrowing costs and expected US rate cuts helped; lending rates were down 40-50 bps.
  • April 2024 to February 2025 saw ECB registrations of $50.1 billion and disbursements of $46.1 billion.
  • Moderate ECB borrowing is expected ahead because of tariffs, currency swings and India's rate outlook.
Full notes and 3 MCQs ›
Economy

16. US Tariffs and India: Export Risks and Policy Options

  • Even modest extra US tariffs could slow India's export growth; lower crude prices may offset some harm.
  • The Union Budget assumes 10.1% nominal GDP growth, with real growth above 6% and inflation near 4%.
  • Suggested strategy: diversify trade partners (US, UK, EU, possibly China) and craft a strategic industrial policy.
  • Support ideas: minority equity in strategic sectors, better Skill India links, affordable worker housing.
Full notes and 3 MCQs ›

International Affairs

Economy

19. WTO in the Reciprocal Tariff Era: Decline and India’s Options

  • The WTO's three core functions - negotiation, dispute settlement and trade monitoring - are all weakened.
  • The Doha Round, begun in 2001, has not delivered, and US blocking of Appellate Body appointments crippled dispute settlement.
  • Reform stalls on moving from consensus to voting; India and the US oppose the switch.
  • India resists subsidy and public stockholding disciplines but will discuss labour and environment bilaterally.
Full notes and 3 MCQs ›

Science & Technology

Reports & Indexes

Science & Technology

23. ILO Report on Algorithmic Management and Job Quality in India

  • ILO said algorithmic management in India has lowered job quality through more monitoring, surveillance and work intensity.
  • A 2024 ILO-European Commission study found positive effects in France and Italy but negative ones in South Africa and India.
  • Only 16% of remote workers in India have a dedicated workspace.
  • The report is titled Revolutionizing Health and Safety: The Role of AI and Digitalization at Work.
Full notes and 3 MCQs ›

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