One Liner Current Affairs: May 2025
The most important fact of every news story in one line, day by day, for SSC, Banking, Railway, UPSC/State PSC and NABARD/RBI exams. Tap a line for the full notes.
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31 May 2025
18 one-linersNational Affairs
- Education Minister Dharmendra Pradhan gave the closing address at the PadhAI conclave on AI in education. Notes ›
- The Holy Relics of Lord Buddha were set to return to India on 2 June 2025 on an Indian Air Force aircraft. Notes ›
Government Schemes
- C R Patil launched Swachh Survekshan Grameen 2025, a rural sanitation survey by DDWS. Notes ›
- Prataprao Jadhav launched the Ayush Suraksha Portal at Ayush Bhawan, New Delhi. Notes ›
- The Department of Posts is building a national geo-coded addressing system with two pillars: DIGIPIN and DHRUVA. Notes ›
Banking & Finance
- A DLG is a contract where a fintech covers lenders' default losses, typically up to 5% of the portfolio. Notes ›
- IEPFA (Ministry of Corporate Affairs) and SEBI launched the pilot Niveshak Shivir. Notes ›
- Operative Kisan Credit Cards declined 2.7% in FY25 compared with the previous year. Notes ›
Economy
- Shipment before licence issue no longer blocks duty-free AA benefit. Notes ›
- As of December 2024, 61% of bank loans were EBLR-linked, 36% MCLR-linked. Notes ›
- India received a record $118.7 billion in remittances in 2023-24, above FDI. Notes ›
- RBI's balance sheet grew 8.2% to Rs 76 lakh crore in FY25; forex is over 74% of assets. Notes ›
- Non-food credit growth of SCBs slowed to 11.2% in the fortnight ended April 18, 2025, from 15.3%. Notes ›
International Affairs
- India and Chile signed ToR for a CEPA on 8 May 2025. Notes ›
Agriculture & Rural
- India plans to restrict imports of GM alfalfa seeds despite US pressure. Notes ›
- SBOF Agrosmart, based in Belagavi, launched an app billed as India's first AI-driven all-in-one farming app. Notes ›
Environment & Ecology
- Part of the Birch Glacier collapsed in the Swiss Alps, burying nearly 90% of Blatten village and blocking the Lonza River. Notes ›
Defence & Security
- The keel of BY 530, the 8th and final ASW Shallow Water Craft, was laid at Cochin Shipyard Limited on 29 May 2025. Notes ›
30 May 2025
13 one-linersBanking & Finance
- SEBI replaced the notional method with delta-based Futures Equivalent Open Interest. Notes ›
- Category III AIFs grew nearly 3x faster than PMS in FY25: AIF commitments ₹2.3 trillion (up 58%) versus PMS AUM ₹4.3 trillion (up 19%). Notes ›
- SEBI removed 70,000 unregistered finfluencers, about 5,000 more monthly. Notes ›
- Sebi moved open interest from notional value-based to delta-based. Notes ›
- RBI told banks and NBFCs to review gold loan policies and fix gaps within set timelines. Notes ›
Economy
- A Parliamentary Standing Committee on Finance reviewed IBC ambiguities after the Supreme Court rescinded JSW Steel's BPSL plan. Notes ›
Agriculture & Rural
- The Union Cabinet approved continuing the Modified Interest Subvention Scheme (MISS) for FY 2025-26. Notes ›
Science & Technology
- Scientists found a new way to detect topological invariants in quantum materials. Notes ›
- India began developing E-Hansa, a two-seater electric trainer aircraft. Notes ›
- Battery Aadhaar, a blockchain-backed digital ID for batteries, was launched at Battery Summit 2025. Notes ›
Environment & Ecology
- Nurdles are tiny plastic pellets of 1 mm to 5 mm, classed as primary microplastics. Notes ›
Defence & Security
- The 17th edition of Nomadic Elephant is scheduled from 31 May to 13 June 2025 in Ulaanbaatar, Mongolia. Notes ›
Awards & Persons
- Kenyan novelist and dissident Ngũgĩ wa Thiong'o died at 87. Notes ›
29 May 2025
19 one-linersNational Affairs
- India was set to release a discussion paper in June 2025 on regulating crypto assets and virtual digital assets. Notes ›
- The Ministry of Finance planned to promote four CPSEs from Miniratna to Navratna status in the coming months. Notes ›
Government Schemes
- QCI was set up in 1996 after an EU Expert Mission and works under DPIIT, Ministry of Commerce and Industry. Notes ›
Banking & Finance
- SEBI barred five ex-IndusInd Bank executives, including Sumant Kathpalia and Arun Khurana, for alleged insider trading. Notes ›
- Finance Minister Sitharaman reviewed public sector general insurers in New Delhi. Notes ›
- Kotak Mahindra Bank launched a campaign for its digital platform Kotak811. Notes ›
- SEBI approved JioBlackRock Asset Management as an investment manager for mutual funds. Notes ›
- NPCI: UPI apps to show only verified bank account holder names from June 30, 2025. Notes ›
Economy
- RBI's net income for FY25 rose 27% on higher global interest rates and gains from dollar sales. Notes ›
- Maharashtra stayed first in FDI equity inflows in FY25 with $19.6 billion, up 29.8%. Notes ›
Agriculture & Rural
- The CCEA approved revised MSPs for 14 Kharif crops. Notes ›
- PDKV Akola won central approval for three new varieties: AKAW 5100 wheat, CSV 65 sorghum and Super Jaki chickpea. Notes ›
- PM Modi said developing agriculture is a key step toward making India a developed nation. Notes ›
Science & Technology
- IMD will launch Mausam GPT, an AI app for localised forecasts by text and voice, within six months. Notes ›
Environment & Ecology
- WMO expects 2025-2029 global temperatures 1.2°C to 1.9°C above 1850-1900 levels. Notes ›
- Kerala's Cabinet examined the legal prospects of a Bill for regulated, scientific culling of wild animals, mainly feral boars. Notes ›
Defence & Security
- Interpol introduced the Silver Notice in January 2025 to trace and recover criminally acquired assets, not people. Notes ›
- The first batch of 17 women cadets graduated from the National Defence Academy (NDA). Notes ›
Reports & Indexes
- Poverty headcount fell from 29.5% in 2011-12 to 4.9% in 2023-24. Notes ›
28 May 2025
20 one-linersNational Affairs
- IMD declared monsoon onset over Kerala on May 24, 2025, eight days early. Notes ›
- The Draft Registration Bill, 2025 would replace the 117-year-old Registration Act, 1908. Notes ›
- CBDT extended the AY 2025-26 ITR deadline from July 31 to September 15, 2025. Notes ›
Government Schemes
- PAI 2.0 for FY 2023-24 was launched with a new portal, LIF booklet and SOP. Notes ›
Banking & Finance
- FM Nirmala Sitharaman visited Pine Labs' Noida office and praised fintech for secure, inclusive services. Notes ›
- RBI's Digital Lending Directions, 2025 aim to protect borrowers and curb rogue lending apps. Notes ›
- The government was considering raising the deposit insurance limit from ₹5 lakh to ₹10 lakh. Notes ›
Economy
- The government restored RoDTEP benefits for AA holders, EOUs and SEZ units. Notes ›
- MoSPI will track use and impact of credit programmes like PM Mudra Yojana. Notes ›
- US 26% tariff pause on Indian exports ends 9 July 2025. Notes ›
International Affairs
- EU countries agreed to cut the carbon border levy's reach to about 10% of targeted firms. Notes ›
- Japan lost the largest creditor nation title for the first time in 34 years; Germany took over. Notes ›
Agriculture & Rural
- Shivraj Singh Chouhan's Viksit Krishi Sankalp Abhiyan starts 29 May 2025 from Puri, Odisha, and runs 15 days to 12 June. Notes ›
- Industry bodies said the Fertiliser Control Order, 1955 favours imports over domestic makers. Notes ›
- BASF launched Valexio insecticide and Mibelya fungicide for rice. Notes ›
Science & Technology
- SKUAST Kashmir scientists created India's first gene-edited sheep using CRISPR-Cas9. Notes ›
Environment & Ecology
- World Dugong Day is on 28 May; the dugong is India's only herbivorous marine mammal. Notes ›
Defence & Security
- Rajnath Singh cleared the execution model for the Advanced Medium Combat Aircraft (AMCA) programme. Notes ›
Awards & Persons
26 & 27 May 2025
23 one-linersNational Affairs
- The 10th NITI Aayog Governing Council in New Delhi saw PM Modi urge a 'Team India' approach. Notes ›
- RodTEP benefits for SEZ and EOU goods were reinstated from 1 June 2025. Notes ›
Banking & Finance
- Banks and NBFCs pushed secured LAP as unsecured loans came under stress. Notes ›
- NFRA got a CPGRAMS complaint on IndusInd Bank's derivatives accounting. Notes ›
- All 28 Regional Rural Banks must finish IT system integration by 30 September 2025, with sponsor banks responsible. Notes ›
- The revised CRB range is 4.5%-7.5%, replacing 5.5%-6.5%. Notes ›
- RBI introduced the Liberalised Remittance Scheme in 2004; residents may send up to USD 250,000 per financial year without prior RBI approval. Notes ›
- The Payments Regulatory Board (PRB) was formed under the Payments Regulatory Board Regulations, 2025, replacing the BPSS. Notes ›
- ABSLI, a subsidiary of Aditya Birla Capital, partnered with Equitas Small Finance Bank. Notes ›
- RBI fined Union Bank of India ₹63.6 lakh and Lendbox ₹40 lakh. Notes ›
- IBBI's Regulation 17B makes RPs inform NCLT when a personal guarantor fails to file a repayment plan. Notes ›
Economy
- MSME loan demand rose 11% year-on-year in January-March 2025 while credit supply fell 11%. Notes ›
- India's 2025 nominal GDP of $4.19 trillion passed Japan's $4.18 trillion, per IMF WEO April 2025. Notes ›
- FPIs put ₹13,835 crore into Indian equities so far in May 2025. Notes ›
International Affairs
- Chinese Premier Li Qiang visited Indonesia and both agreed to strengthen relations. Notes ›
Science & Technology
- BFS, developed by IITM Pune and launched in May 2025, forecasts at 6 km x 6 km resolution. Notes ›
- A 2025 Nature study sequenced 697 pea variants, about 60 terabases of DNA data. Notes ›
- At I/O 2025, Google launched Gemini 2.5 Pro with 'Deep Think' mode and made Gemini 2.5 Flash the default model. Notes ›
- Schistura densiclava is a new loach from Krem Mawjymbuin cave, Meghalaya. Notes ›
Defence & Security
- The US DIA's 2025 assessment says India sees China as its primary adversary and Pakistan as a lesser, manageable threat. Notes ›
Reports & Indexes
- NITI Aayog proposed up to ₹25 crore concessional working capital for medium enterprises. Notes ›
- Medium enterprises: investment up to ₹125 crore and turnover up to ₹500 crore. Notes ›
Awards & Persons
- Tejaswani won gold in the women's 25m pistol event at the ISSF Junior World Cup 2025. Notes ›
24 May 2025
10 one-linersNational Affairs
- The Finance Ministry told public sector banks to tighten grievance redress after staff misconduct incidents. Notes ›
Banking & Finance
- The RBI approved a record ₹2.69 trillion surplus transfer for FY25, up 27%. Notes ›
- RBI proposed that banks must provide KYC update facilities for customers wishing to reactivate inoperative accounts or unclaimed deposits. Notes ›
- Getepay, a Jaipur-based fintech, got final RBI approval as an Online Payment Aggregator. Notes ›
- India Post Payments Bank (IPPB) tied up with Aditya Birla Capital Limited (ABCL) to widen loan access. Notes ›
- SBM Bank India tied up with ICICI Prudential Life Insurance for bancassurance. Notes ›
- IndusInd Bank signed an MoU with DPIIT to serve start-ups under Startup India. Notes ›
International Affairs
- India planned a dossier to FATF before its June 2025 plenary seeking Pakistan's return to the grey list. Notes ›
Environment & Ecology
- Overfishing means catching fish faster than stocks can replenish; FAO says over 33% of global stocks are overexploited. Notes ›
Reports & Indexes
- The 'Energy and Climate Change' report is by CEEW and the Alliance for an Energy Efficient Economy (AEEE). Notes ›
23 May 2025
13 one-linersNational Affairs
- Santhara or Sallekhana is a Jain vow of voluntary, gradual fasting unto death, believed to aid moksha. Notes ›
- ASI asked archaeologist Amarnath Ramakrishna to revise his Keezhadi report. Notes ›
Government Schemes
- Spices Board launched the SPICED scheme for 2025-26. Notes ›
Banking & Finance
- NPCI tightened UPI supervision after excessive bank API calls strained the core network. Notes ›
- RBI proposed Special Share Certificates (SSCs) and PNCPS to widen capital options for UCBs, especially Tier-4. Notes ›
- RBI consulted FACE, UFF and FCC on draft co-lending guidelines with a blended weighted-average lending rate. Notes ›
- NSE proposed moving weekly index derivatives expiry from Thursday to Tuesday. Notes ›
- SEBI moved the revised ODI deadline from 17 May to 17 November 2025. Notes ›
Economy
- RBI sold $34.5 billion net in FY2024-25, the most since 2008-09. Notes ›
- RBI is reviewing its bank licensing framework and foreign shareholding norms in Indian banks. Notes ›
Science & Technology
- Indian researchers found jarosite acts as a natural luminescent clock covering the past 25,000 years. Notes ›
- Sagar Bhavan and Polar Bhavan were inaugurated at the National Centre for Polar and Ocean Research (NCPOR) in Goa. Notes ›
Environment & Ecology
- World Turtle Day is observed every year on 23 May; it began in 2000, sponsored by American Tortoise Rescue. Notes ›
22 May 2025
15 one-linersNational Affairs
- Parliament passed four labour codes in 2019-2020 to replace 29 central labour laws; labour is a Concurrent subject. Notes ›
Government Schemes
- PMAY-U completion deadline moved to 31 December 2025 for projects sanctioned up to 31 March 2022. Notes ›
Banking & Finance
- SIP accounts rose to 81.1 million by March 2025 from 63.8 million in April 2024. Notes ›
- IRDAI fined Acko General Insurance ₹1 crore. Notes ›
- The Centre notified PRB Regulations, 2025, replacing the BPSS. Notes ›
- EnKash launched a payment gateway for over 63 million underserved SMBs and startups. Notes ›
- Star Health introduced Star Flexi, a multi-rider add-on to its Super Star health plan. Notes ›
- HDFC Bank launched the Biz+ current account suite, a customised banking package for MSMEs. Notes ›
International Affairs
- China, Pakistan and Afghanistan agreed in Beijing to extend CPEC to include Afghanistan. Notes ›
- The UK and Mauritius formally signed the Chagos treaty on 22 May 2025. Notes ›
Agriculture & Rural
- About 85% of Indian farmers are small and marginal. Notes ›
Science & Technology
- DoT launched the Financial Fraud Risk Indicator (FRI) under its Digital Intelligence Platform. Notes ›
Environment & Ecology
- Government is considering merging Mission LiFE into the NAPCC. Notes ›
- India's lions, found only in Gujarat, rose 32% between 2020 and 2025 to 891. Notes ›
Reports & Indexes
- Poverty fell from 37% (2004-05) to 22% (2011-12) but only to 18% by 2022-23, finds a new paper. Notes ›
21 May 2025
20 one-linersNational Affairs
- A sculptural inscription at Guttala, Haveri district, Karnataka records 6,307 drought deaths. Notes ›
- Ayush Ministry said over 1,000 organisations registered for Yoga Sangam before IDY on 21 June 2025. Notes ›
- Amit Shah launched the revamped OCI portal on 19 May 2025. Notes ›
Government Schemes
- On 21 May 2025 Pralhad Joshi launched Depot Darpan, Anna Mitra and Anna Sahayata to digitise the PDS. Notes ›
Banking & Finance
- Neo banks are fully digital, branchless institutions; in India they hold no banking licence and partner with licensed banks. Notes ›
- RBI cancelled the banking licence of HCBL Co-operative Bank, Lucknow; operations ended on May 19, 2025. Notes ›
- Government and RBI weighed a unique two-way national number for each bank, likely in the 1600xx series. Notes ›
- SBI's board approved raising up to $3 billion through foreign currency bonds in FY2025-26. Notes ›
- SEBI's 9 May proposal would replace the PMS route for AIF co-investment with CIVs. Notes ›
- SEBI proposed Co-Investment Vehicles as independent schemes within AIFs. Notes ›
- Finance Ministry clarified Rule 8 of SCRR on broker investments. Notes ›
- Hyderabad fintech ZikZuk won RBI in-principle authorisation to issue Prepaid Payment Instruments. Notes ›
Economy
- On May 19, 2025 India's 10-year yield was 6.28% against 4.55% for the US, a 173 bps gap. Notes ›
International Affairs
- WHO members unanimously adopted the first Pandemic Agreement at the 78th World Health Assembly. Notes ›
- India restated its dedication to health equity worldwide during the 78th World Health Assembly in Geneva. Notes ›
Agriculture & Rural
- Cooperation Minister Amit Shah announced three new multi-state cooperative societies for the dairy sector. Notes ›
- IFFCO signed an MoU with the Ministry of Rural Development's FDRVC. Notes ›
Science & Technology
- CERT-In SAMVAAD 2025 ran from 19 to 21 May 2025. Notes ›
Reports & Indexes
- Nearly 50% of active Internet and social media users met misinformation online. Notes ›
Awards & Persons
- Adriyan Karmakar won silver in 50m rifle prone at the ISSF Junior World Cup in Suhl, Germany. Notes ›
20 May 2025
17 one-linersNational Affairs
- I4C launched e-Zero FIR, converting cyber fraud complaints of ₹10 lakh or more into FIRs. Notes ›
Government Schemes
- Sarbananda Sonowal launched Sagar Mein Samman on the International Day for Women in Maritime, Mumbai. Notes ›
Banking & Finance
- SEBI is probing 13 offshore investors in the Adani Group after Hindenburg Research's 2023 allegations. Notes ›
- SEBI lifted anchor allocation to up to 50% for bonds rated BBB and below. Notes ›
- NSDL-EBP is a digital platform for issuing debt securities such as NCDs through private placement. Notes ›
- SEBI barred executive directors, including the MD, from audit committees of market infrastructure institutions. Notes ›
- TCS renewed its 25-year tie-up with Khan Bank, among Mongolia's biggest lenders. Notes ›
- Emirates NBD won RBI's in-principle nod to turn its Indian branches into a WOS. Notes ›
Economy
- Anchor investors must be Qualified Institutional Buyers such as mutual funds, banks, insurers and pension funds. Notes ›
Agriculture & Rural
- UP made over 1.50 billion litres of ethanol in FY2023-24 from 102 distilleries. Notes ›
- India's bee numbers fell 20%, up to 80% in places like Odisha. Notes ›
- Viksit Krishi Sankalp Abhiyan 2025 ran from 29 May to 12 June 2025. Notes ›
- AI precision irrigation can save 20-30% of water. Notes ›
Environment & Ecology
- Operation Olivia is an Indian Coast Guard initiative protecting Olive Ridley turtles in the November to May nesting season. Notes ›
Reports & Indexes
- The Ministry of Panchayati Raj released the Panchayat Advancement Index in April 2025, covering 2.16 lakh+ gram panchayats. Notes ›
- LibTech India found MGNREGA registrations up 8.6% in FY25 while employment delivery fell 7.1%. Notes ›
Awards & Persons
- Scottie Scheffler, the World No. 1, won the 2025 PGA Championship, his third Major title. Notes ›
18 & 19 May 2025
20 one-linersNational Affairs
- National Manuscripts Mission relaunches as Gyan Bharatam Mission, date June 9, 2025. Notes ›
- India beat Bangladesh 4-3 on penalties in the SAFF U-19 Championship final. Notes ›
Government Schemes
- Banaras Hindu University became national coordinator for the Institutions of National Importance domain on SWAYAM. Notes ›
Banking & Finance
- IVCA urged SEBI to create a platform linking SEBI, RBI, IRDAI and PFRDA. Notes ›
- IBBI amended corporate insolvency regulations to let RERA authorities attend Committee of Creditors meetings. Notes ›
- RBI imposed ₹86.1 crore in penalties across 281 instances in FY24, against ₹40.4 crore in 211 cases in FY23. Notes ›
- DFS Secretary M. Nagaraju made a surprise branch visit. Notes ›
- CAR tests whether a bank holds enough capital to absorb losses and protect depositors. Notes ›
- SEBI made EBP platform use mandatory for private placement debt issues of ₹20 crore or more, down from ₹50 crore. Notes ›
- PayU Payments Pvt. Ltd. received RBI's final authorisation to operate as a Payment Aggregator. Notes ›
Economy
- A derivative is a contract whose value depends on an underlying asset. Notes ›
- The Contingent Risk Buffer (CRB) is an RBI reserve against unexpected risks and losses. Notes ›
- ECBs are foreign loans raised by Indian companies, governed by RBI under FEMA, 1999. Notes ›
- FPIs invested ₹18,620 crore in Indian equities so far in May. Notes ›
International Affairs
- India limited Bangladeshi ready-made garment imports to Kolkata and Nhava Sheva ports. Notes ›
Agriculture & Rural
- India is developing a real-time handheld digital soil testing tool based on satellite technology. Notes ›
- BHU released two rice varieties and one mustard variety. Notes ›
Science & Technology
16 & 17 May 2025
18 one-linersNational Affairs
- The Supreme Court read the right to digital access into Article 21 and directed revision of digital KYC norms. Notes ›
- The President used Article 143(1) to seek the Supreme Court's view on time limits for deciding State Bills. Notes ›
Banking & Finance
- The RBI Central Board reviewed the Economic Capital Framework on May 15, 2025. Notes ›
- The government targeted listing at least five RRBs by FY27 under its One State, One RRB push. Notes ›
- RBI's April 2025 draft widens co-lending to all regulated entities and non-priority sectors. Notes ›
- Co-lending is a tie-up where a bank and an NBFC jointly give loans to customers. Notes ›
- IEPFA and SEBI met in Mumbai on 9 May 2025 to plan Niveshak Shivir. Notes ›
- Indian Bank launched IND SECURE (444 days) and IND GREEN (555 days) FD schemes effective May 8, 2025. Notes ›
- SIP cancellations reached 162.3 lakh in April 2025, over three times the previous month. Notes ›
- HDFC Bank launched Biz+, a reworked current account suite for MSMEs such as manufacturers, traders and service providers. Notes ›
International Affairs
- IMF will release $1.3 billion to Bangladesh in June 2025 after its fourth loan review. Notes ›
Agriculture & Rural
- The government will give 2.8 million tonnes more FCI rice at subsidised rates for ethanol under EBP. Notes ›
Science & Technology
- PSLV-C61 with EOS-09 was slated from Sriharikota as ISRO's 101st launch. Notes ›
- MATSYA 6000 is a manned submersible meant to take three people to 6000 metres. Notes ›
- Cashfree Payments and Razorpay use AI agents and Model Context Protocol (MCP) for backend work. Notes ›
- PSLV-C61 is ISRO's 101st mission. Notes ›
Reports & Indexes
15 May 2025
19 one-linersBanking & Finance
- IREDA filed a Section 7 IBC petition at the NCLT against Gensol Engineering over a ₹510 crore loan default. Notes ›
- Market cap equals outstanding shares times current share price. Notes ›
- Sebi publicly cautioned investors about Strata after it voluntarily gave up its SM REIT licence. Notes ›
- On May 15, 2025 SEBI relaxed eligibility norms for CRA internal audit teams. Notes ›
- SIP cancellations more than tripled to 162.3 lakh in April 2025 versus March. Notes ›
- RBI proposed adding nominee email and phone number to bank nomination forms. Notes ›
- Under current co-lending, NBFCs originate loans and sell up to 80% to banks by direct assignment. Notes ›
Economy
- India's B2B e-commerce grew through digital tools, simpler procurement and better logistics. Notes ›
- WPI-based inflation fell to a 13-month low of 0.85% in April from 2.05% in March. Notes ›
International Affairs
- The U.S. President repeatedly claimed credit for the May 10 India-Pakistan ceasefire. Notes ›
Agriculture & Rural
- India developed genome-edited rice, described as a world first. Notes ›
Science & Technology
- Quantum dots are semiconductor particles only a few nanometres wide. Notes ›
- The Union Cabinet approved a display driver chip manufacturing unit at Jewar, Uttar Pradesh. Notes ›
- India ranks among the top six countries in 6G patent filings. Notes ›
Environment & Ecology
- India will add a Sustainable Transport mission under NAPCC, the first addition in over a decade. Notes ›
- NAPCC began in 2008 under the Prime Minister's Council on Climate Change and rests on eight national missions. Notes ›
Defence & Security
- Akash is a short-range surface-to-air missile system, described as superior to Chinese HQ-9 systems. Notes ›
Reports & Indexes
14 May 2025
23 one-linersNational Affairs
- A committee recommended a Repairability Index for mobiles and electronic appliances. Notes ›
- The ECI resolved the duplicate EPIC number issue raised by leaders including Mamata Banerjee. Notes ›
Government Schemes
- Kerala said it will go to court over more than ₹1,500 crore allegedly withheld after refusing the PM SHRI memorandum. Notes ›
- The National Manufacturing Mission (NMM) aims to strengthen industry, exports and sustainable, innovative manufacturing, in line with Make in India and Atmanirbhar Bharat. Notes ›
Banking & Finance
- Fitch Ratings raised Shriram Finance Ltd's long-term foreign- and local-currency IDRs from 'BB' to 'BB+'. Notes ›
- India rolled over a $50 million Treasury Bill for the Maldives, continuing a practice from 2019. Notes ›
- PayU Payments got final RBI authorisation as an online payment aggregator under the Payment and Settlement Systems Act, 2007. Notes ›
- A Union Bank of India-led consortium received 17-18 EoIs for ₹728.58 crore of stressed loans of Sahara Hospitality Ltd. Notes ›
- PSB deposit growth fell to 10.3% in FY25 from 13.5%. Notes ›
- SEBI proposed a new FPI class, IGBFPI, for investors using only VRR and FAR routes. Notes ›
- Liquid ETF AUM rose 31% in a year, from ₹17,200 crore to ₹23,550 crore. Notes ›
- Qatar National Bank became the first MEA-based bank to open a branch in GIFT City. Notes ›
- RBI opened the CIMS portal on May 13, 2025 for lenders to report digital lending apps. Notes ›
- LIC launched a WhatsApp-based service for premium payment, open to all registered customers. Notes ›
Economy
- India's economy has three sectors: primary, secondary and tertiary; the tertiary or services sector contributes the most to GDP. Notes ›
- India's major ports handled a record 855 million tonnes of cargo in FY 2024-25. Notes ›
International Affairs
- The IMF Executive Board approved an immediate $1 billion disbursement to Pakistan in May 2025. Notes ›
Agriculture & Rural
- The Centre planned a voluntary Natural Farming Certification System (NFCS) to build consumer trust and lift farm incomes. Notes ›
- Eight Gram Sabhas in Koraput harvested over 4 lakh bundles of kendu leaves in 2025. Notes ›
Science & Technology
- DigiYatra is India's national digital traveller identity platform using facial recognition for paperless boarding. Notes ›
- Renesas Electronics will be the first company to design 3-nanometre chips end-to-end in India. Notes ›
Environment & Ecology
- Zero-emission trucking uses battery-electric or hydrogen fuel-cell trucks with no tailpipe emissions. Notes ›
Reports & Indexes
- SIDBI's MSME report surveyed 2,000 MSMEs across 19 sectors. Notes ›
13 May 2025
13 one-linersNational Affairs
- Mission D3 began in November 2024 in Alirajpur and Jhabua, Madhya Pradesh. Notes ›
Government Schemes
- MY Bharat is an autonomous body under the Ministry of Youth Affairs and Sports. Notes ›
Banking & Finance
- B-SMILE is Karnataka's SPV for big urban projects, with an initial ₹7,000 crore government commitment. Notes ›
- BCRC asked Parliament's Finance Committee to review Bank Mitra commissions and fund rural infrastructure. Notes ›
- PSBs are using AI, AR and VR to improve frontline customer service and employee soft skills. Notes ›
- AmEx and HSBC led foreign banks in net credit card additions in FY25. Notes ›
- RBI fined SBI ₹1.73 crore for three rule breaches. Notes ›
- Bhutan launched the first national crypto tourism payment system with Binance Pay and DK Bank. Notes ›
International Affairs
- US and China agreed a 90-day truce to allow more trade talks. Notes ›
Agriculture & Rural
- Dvara Solutions partnered with Kissandhan Agri Financial Services, an NBFC subsidiary of SLCM. Notes ›
Science & Technology
- Geotubes are large cylindrical geotextile tubes filled with sand, slurry or dredged material. Notes ›
Environment & Ecology
- India's e-waste rose 151.03% from 2017-18 to 2023-24, from 7,08,445 to 17,78,400 metric tonnes. Notes ›
Reports & Indexes
- WHO warned that the global nursing shortage is intensifying. Notes ›
11 & 12 May 2025
14 one-linersNational Affairs
- Madhya Pradesh and Maharashtra signed an MoU for the Tapti Basin Mega Recharge Project at the Inter-State Control Board meeting in Bhopal. Notes ›
- International Nurses Day is observed every year on 12 May. Notes ›
Government Schemes
- DARPG held a training session under the Rashtriya Karmayogi Jan Seva Programme on 10 May 2025 in New Delhi. Notes ›
Banking & Finance
- SEBI adopted future-equivalent (delta-based) open interest; index options gross limit is ₹10,000 crore, net ₹1,500 crore. Notes ›
- India is projected as the 6th largest insurance market by 2032, with a 7.3% CAGR over 2024-2028. Notes ›
- An NPS subscriber who renounces Indian citizenship without an OCI card must inform the NPS Trust; the account is closed. Notes ›
- RBI eased general-route FPI norms for corporate debt securities. Notes ›
- SEBI amended the SECC Regulations 2018 and Depositories and Participants Regulations 2018. Notes ›
- A SEBI study found individual investors lost ₹1.89 trillion in FY22-24, mostly on expiry days, while HFTs gained. Notes ›
Economy
- Morningstar DBRS raised India's long-term rating to BBB from BBB (low), stable trend. Notes ›
Science & Technology
- The first rice pangenome combines genomic data from 144 wild and cultivated varieties across Asia. Notes ›
- A wild banana in Andaman and Nicobar recorded a 4.2 m infructescence. Notes ›
Environment & Ecology
9 & 10 May 2025
15 one-linersNational Affairs
- India's MMR improved steadily over three periods and stood at 93 per lakh live births for 2019-21. Notes ›
Government Schemes
- CGSS began in October 2022 under the Startup India Action Plan; NCGTC is the nodal body. Notes ›
- PMJJBY, PMSBY and APY began on 9 May 2015 for life, accident and pension cover. Notes ›
Banking & Finance
- CRISIL put IndusInd Bank's long-term debt on watch with negative implications. Notes ›
- Pre-IPO startups asked SEBI to permit ESOP grants to founders whose stake has fallen after many funding rounds. Notes ›
- India's first mortgage-backed Pass-Through Certificates were listed on the NSE, a ₹1,000 crore issue. Notes ›
- Kotak Mahindra Bank launched the invite-only Kotak Solitaire Credit Card. Notes ›
- RBI made FIMMDA the first Self-Regulatory Organisation under its SRO framework for financial markets. Notes ›
Economy
- A new notification defines 'cost' for predatory pricing as Average Variable Cost (AVC). Notes ›
- RBI withdrew the short-term investment limit and the concentration limit for FPIs in corporate debt. Notes ›
International Affairs
- UK plans a Carbon Border Adjustment Mechanism from 1 January 2027; India warned of reciprocal action. Notes ›
Agriculture & Rural
- Viksit Krishi Sankalp Abhiyan runs 15 days, from 29 May to 12 June 2025. Notes ›
Environment & Ecology
- The Finance Ministry released a draft Climate Finance Taxonomy to classify climate-aligned activities. Notes ›
Defence & Security
- HAROP is a loitering munition, also called a suicide or kamikaze drone, developed by Israel Aerospace Industries (IAI). Notes ›
Reports & Indexes
- The 23rd Annual South Asia Press Freedom Report, 'Frontline Democracy: Media and Political Churn', is published by the Asia Press Freedom Group. Notes ›
8 May 2025
20 one-linersGovernment Schemes
- Cabinet approved a ₹60,000 crore scheme to upgrade 1,000 government ITIs. Notes ›
- CCEA approved the Revised SHAKTI Policy for coal to the power sector, with two windows. Notes ›
- MoPR Secretary Vivek Bharadwaj led India's delegation to the World Bank Land Conference, 5-8 May 2025, Washington D.C. Notes ›
Banking & Finance
- Bank bonds are debt securities issued by banks to raise capital and fund growth. Notes ›
- NSE received in-principle approval from SEBI to launch electricity derivatives. Notes ›
- RBI introduced a framework to standardise regulation-making, improving transparency and accountability. Notes ›
- The WALR-deposit rate spread hit a 10-year low of 2.71% in March 2025. Notes ›
- RBI planned a new co-lending framework extending beyond banks, NBFCs and priority sector lending. Notes ›
- SEBI issued two circulars on 8 May revising disclosure norms for REITs and InvITs. Notes ›
- SEBI notified new securitised debt instrument (SDI) regulations through a gazette notification. Notes ›
- Sa-Dhan, the MFI self-regulatory body, signed an MoU with Bank of India. Notes ›
Economy
- Exim Bank withdrew a planned ₹2,500 crore 10-year bond issue as investors demanded higher yields than expected. Notes ›
- The RBI was likely to transfer a record ₹3 lakh crore surplus to the Centre for FY25, against ₹2.1 lakh crore in FY24. Notes ›
International Affairs
- IMO approved a draft Net-Zero Framework aiming for net-zero shipping emissions by 2050. Notes ›
- IPLN is a shared logistics framework for civilian disaster response in the Indo-Pacific. Notes ›
Agriculture & Rural
- Luminis allied with Forvis Mazars in India to scale microbiome solutions. Notes ›
Defence & Security
- INS Kiltan (P30), an anti-submarine corvette, reached Singapore for IMDEX Asia 2025. Notes ›
Reports & Indexes
- A Lancet meta-analysis (1990-2023) led by IHME gave first age-standardised global estimates of child sexual abuse. Notes ›
- India ranked 130th of 193 in UNDP's HDR 2025, 'A Matter of Choice: People and Possibilities in the Age of AI'. Notes ›
- Care Edge Ratings' 2025 state ranking uses seven pillars and 50 indicators. Notes ›
7 May 2025
17 one-linersNational Affairs
- The Supreme Court called Punjab's denotification of SYL land 'high-handedness'. Notes ›
- India's Culture Ministry sent Sotheby's Hong Kong a legal notice to halt an auction of sacred Buddhist relics. Notes ›
Banking & Finance
- Fino Payments Bank applied to RBI for an SFB licence in November 2024. Notes ›
- Hyderabad-based Goldsikka Ltd launched India's first AI-powered Gold-Melting ATM. Notes ›
Economy
- RBI sought ₹50,000 crore of bonds via OMO and got bids of ₹1.32 lakh crore, over 2.6x. Notes ›
- Moody's cut India's 2025 GDP growth forecast to 6.3% from 6.6%. Notes ›
International Affairs
- India and the UK concluded an FTA, announced by Modi and Starmer, with a Double Contribution Convention. Notes ›
- Friedrich Merz won the second parliamentary vote to become German Chancellor. Notes ›
Science & Technology
- Starlink awaits a unified licence and GMPCS authorisation in India. Notes ›
- ISRO's first crewed Gaganyaan mission is now set for Q1 2027; the original target was 2022. Notes ›
- RackBank Datacenters will build India's first AI-integrated data centre park in Nava Raipur. Notes ›
- Aadhaar and UPI are India's horizontal digital rails; eKYC, eSign and DigiLocker sit on Aadhaar. Notes ›
Environment & Ecology
- A transport mission was planned under the NAPCC, its first new mission in over a decade. Notes ›
Defence & Security
- Operation Sindoor was India's response to the terrorist attack in Pahalgam, J&K, in which 26 civilians died. Notes ›
- Russian SA-24 Igla-S is a third-generation MANPADS (Man-Portable Air Defense System). Notes ›
- The Union Home Ministry mandated a nationwide civil defence preparedness drill, due to begin on a Wednesday. Notes ›
Reports & Indexes
- India ranked 130th among 193 countries and territories in the UNDP 2025 Human Development Index. Notes ›
6 May 2025
16 one-linersNational Affairs
- World Asthma Day falls on the first Tuesday of May every year. Notes ›
Banking & Finance
- The Digital Rupee (e₹) is the RBI's CBDC, legal tender in digital form. Notes ›
- Supreme Court held the 2021 resolution plan for Bhushan Power and Steel illegal, leading to liquidation. Notes ›
- Only 1 SME moved to the mainboard in 2025 till 5 May, versus 12 in 2024. Notes ›
- SEBI opened a probe into firms linked to the Mahadev betting app case. Notes ›
- Auditors flagged a ₹600 crore discrepancy in IndusInd Bank's microfinance interest income, booked in bunches. Notes ›
- MSEI (formerly MCX-SX) raised ₹238 crore in December 2024 to relaunch with SX40 derivatives. Notes ›
- Aditya Birla Capital Digital Ltd launched a Digital Gold SIP on its ABCD Mobile App. Notes ›
- Zaakpay, MobiKwik's business payments arm, got final RBI approval to operate as an Online Payment Aggregator. Notes ›
Economy
- Moody's said rising India-Pakistan tensions will hurt Pakistan's economy and its access to outside financing. Notes ›
- Nirmala Sitharaman headed India's team at the ADB governors' 58th yearly meeting, held in Milan. Notes ›
- RBI resumed unwinding short dollar forwards; the net book up to 1 year fell to $64.2 billion in March 2025. Notes ›
- SBI Research saw up to 125 bps of RBI rate cuts in FY26: 75 bps in H1, 50 bps in H2. Notes ›
- RBI repatriated just 1.53 tonnes of gold from September 2024 to March 2025, versus 102.1 tonnes in H1 FY25. Notes ›
Agriculture & Rural
- The Coalition for GM-Free India wants two genome-edited rice varieties withdrawn. Notes ›
Environment & Ecology
- Fortress conservation has displaced 10-20 million people worldwide and at least 6 lakh in India. Notes ›
4 & 5 May 2025
21 one-linersNational Affairs
- Mangar Bani, between Manesar and Faridabad in the Aravallis, shows traces of human life about 500,000 years old. Notes ›
Government Schemes
- PMMY began on April 8, 2015, with collateral-free loans for micro and small enterprises. Notes ›
Banking & Finance
- Crypto frauds since 2015 promised 10-40% monthly returns and caused huge investor losses. Notes ›
- ICAI will prepare a research paper to help SEBI address financial fraud in capital markets. Notes ›
- Public sector bank-backed life insurers saw banca growth slip from 7% to 6% in FY25. Notes ›
- Despite lower RBI risk weights from April 1, 2025, banks remain wary of lending to NBFCs and MFIs. Notes ›
- IndusInd Bank's Deputy CEO resigned on April 28, 2025 and the MD & CEO a day later over derivative accounting lapses. Notes ›
- Banks rejected off-market purchases of under 10% in listed firms by foreign investors lacking FPI status. Notes ›
- IIFL Finance sued ACRE, backed by Ares Management, in the Bombay High Court. Notes ›
- ASSY, an affordable insurance scheme for unorganised workers, was launched on 8 July 2023 at Kheda, Gujarat. Notes ›
- India Post and SBI Funds Management signed an MoU for doorstep KYC of mutual fund investors. Notes ›
Economy
- The Supreme Court held JSW Steel's acquisition of Bhushan Power and Steel illegal, exposing IBC process gaps. Notes ›
- April 2025 gross GST collection reached a record ₹2.37 lakh crore, up 12.6% year on year. Notes ›
International Affairs
- The EU offered to reopen talks on India's ICT tariffs for an amicable settlement. Notes ›
- DGFT banned import or transit of all Pakistan-origin goods, citing national security and public policy. Notes ›
- Anthony Albanese claimed victory in Australia's election and secured a second three-year term as Prime Minister. Notes ›
Agriculture & Rural
- Agriculture Minister Shivraj Singh Chouhan announced two genome-edited rice varieties developed under ICAR. Notes ›
- Agriphotovoltaics (APVs) combine solar power and crop farming on the same land. Notes ›
Science & Technology
- WHO, UNICEF and Gavi warned that measles, meningitis and yellow fever are returning. Notes ›
- IIST Thiruvananthapuram built a 3D model showing microgravity raises core body temperature. Notes ›
Defence & Security
- India and France signed an Inter-Governmental Agreement on 28 April 2025 for 26 Rafale-M jets, worth about ₹64,000 crore. Notes ›
3 May 2025
19 one-linersNational Affairs
- Vizhinjam seaport, costing ₹8,800 crore, was inaugurated near Thiruvananthapuram. Notes ›
- PM Modi inaugurated and laid foundations for works worth ₹58,000 crore in Andhra Pradesh. Notes ›
Banking & Finance
- Poonam Gupta became an RBI Deputy Governor, the fourth woman in the role. Notes ›
- SEBI alleged Pranav Adani passed unpublished price-sensitive information on Adani Green's 2021 acquisition of SB Energy Holdings. Notes ›
- NSE launched the Nifty NSE Waves Index at the WAVES summit in Mumbai. Notes ›
- SEBI released a discussion paper proposing relaxed norms for InvITs and REITs. Notes ›
- SEBI proposed amending the placement document used in Qualified Institutions Placements (QIP). Notes ›
- An RBI working group proposed call money hours of up to 7 PM, from 5 PM. Notes ›
- RBI fined ICICI, Axis, Bank of Maharashtra, Bank of Baroda and IDBI Bank for regulatory lapses. Notes ›
- SEBI chief Tuhin Kanta Pandey ruled out an aptitude test for retail Futures and Options traders. Notes ›
- Bank of India signed an MoU with Sa-Dhan, an RBI-appointed SRO, to widen finance for micro and women-led enterprises. Notes ›
Economy
- Group led by Radha Shyam Ratho proposed call money hours till 7:00 PM, from 5:00 PM. Notes ›
- RBI wrote to the Finance Ministry seeking removal of the 30% cap on SRVA investment in short-term sovereign debt. Notes ›
- The rupee touched 83.76 per dollar, its strongest since 30 September 2024, but closed at 84.55. Notes ›
- S&P Global Ratings cut India's FY26 GDP forecast to 6.3% from 6.5%. Notes ›
International Affairs
- Piyush Goyal met UK Trade Secretary Jonathan Reynolds in London to resume FTA talks. Notes ›
- Global Media Dialogue 2025 was an Indian-hosted government forum at WAVES, with 60+ countries. Notes ›
Agriculture & Rural
- CCEA approved sugarcane FRP of ₹355 per quintal for 2025-26 at 10.25% basic recovery, up from ₹340. Notes ›
Reports & Indexes
- NITI Aayog's May 2025 report 'Enhancing Competitiveness of MSMEs in India' came with the Institute for Competitiveness. Notes ›
2 May 2025
23 one-linersNational Affairs
- Vizhinjam International Seaport, Thiruvananthapuram, was commissioned by PM Modi as India's first all-weather deepwater transshipment port. Notes ›
- Private Member's Bills are introduced by MPs outside the government; Fridays of a session are normally set aside for them. Notes ›
- Kiran Nadar Museum of Art (KNMA) in Saket, Delhi is displaying Caravaggio's Mary Magdalene in Ecstasy. Notes ›
Government Schemes
- 20.1 million households sought MGNREGA work in April 2025, 6.6% fewer than April 2024. Notes ›
Banking & Finance
- UPI volume fell 2% and value 3% in April, a seasonal dip after the March peak. Notes ›
- Jana SFB planned to apply to RBI in May 2025 for a universal banking licence. Notes ›
- NABFID targets up to ₹70,000 crore in FY26 against ₹23,000 crore in FY25. Notes ›
- Over two years, SIPs in largecap funds averaged 11.3% annualised, ahead of 7.2% for smallcap funds. Notes ›
- BSE sought Sebi nod for monthly derivatives on two to three more indices. Notes ›
- SEBI proposed a bigger role for credit rating agencies in checking equity fundraisers. Notes ›
- RBI issued draft gold loan guidelines on 9 April 2025 to harmonise rules and strengthen governance. Notes ›
- India Post and SBI Funds Management signed an MoU for doorstep mutual fund KYC. Notes ›
- Bajaj Allianz General Insurance launched ClimateSafe, billed as India's first parametric cover for climate risks. Notes ›
- SBI partnered with LPAI to provide banking and trade services at India's land ports. Notes ›
- RBI bought 57.5 tonnes of gold in FY25, its second-highest annual purchase since 2017. Notes ›
- Razorpay launched India's first Model Context Protocol (MCP) server for payment gateways. Notes ›
Economy
- Net GST rose 9.1% to over ₹2.09 trillion in April 2025, a monthly record. Notes ›
- The Finance Minister promoted simpler regulation and called the private sector a trusted partner. Notes ›
- India's forex reserves rose $1.98 billion to $688.13 billion in the week ended April 25 (2025). Notes ›
International Affairs
- The US and Ukraine signed the United States-Ukraine Reinvestment Fund agreement. Notes ›
- After the Pahalgam attack, India strengthened diplomacy with Saudi Arabia, the UAE and the Taliban regime. Notes ›
- President Donald Trump removed Mike Waltz as National Security Adviser. Notes ›
Defence & Security
- Lt. Gen. Pratik Sharma became the Northern Army Commander. Notes ›
1 May 2025
20 one-linersNational Affairs
- Caste enumeration will be part of the next decennial Census. Notes ›
- The Supreme Court held digital access to be part of the fundamental rights to equality, life and dignity. Notes ›
- PM Modi was to open the four-day WAVES 2025 on 1 May 2025 at Jio World Centre, Mumbai. Notes ›
- Satya Chandrasekharendra Saraswathi became the 71st seer of Kanchi Kamakoti Peetam. Notes ›
- The first World Audio Visual Entertainment Summit (WAVES) 2025 was inaugurated in Mumbai. Notes ›
Government Schemes
- PM E-Drive is a ₹10,900-crore scheme; ₹2,000 crore is reserved for public EV charging subsidies. Notes ›
Banking & Finance
- RBI allowed an executive committee to perform CEO duties for at most three months or until a new CEO is named. Notes ›
- SEBI moved the Common Contract Note for FPIs to 1 July 2025, two months later than planned. Notes ›
- SEBI said on 29 April that opinion trading apps lie outside its remit as no security is traded. Notes ›
- Curie Money links UPI to liquid mutual fund units, which are auto-redeemed when a payment is approved. Notes ›
- SEBI proposed raising the mutual fund cap in REITs and InvITs from 10% to 20%. Notes ›
- Notices went to at least two payment gateways under Section 23 of the Benami Transactions (Prohibition) Act, 1988. Notes ›
- Sebi proposed that key pre-IPO shareholders must dematerialise their holdings before the offer document is filed. Notes ›
Economy
- The NSO surveyed 5,380 firms (Nov 2024-Jan 2025); 2,172 responded, a 58.3% rate. Notes ›
International Affairs
- India's Cabinet Committee on Security suspended the 1960 Indus Waters Treaty with Pakistan after the Pahalgam attack. Notes ›
- International Labour Day is also called Global Workers Day or May Day. Notes ›
Science & Technology
- Shenzhou-19 astronauts landed at Dongfeng, Inner Mongolia, on 30 April 2025 after about six months on Tiangong. Notes ›
- Natural (geologic) hydrogen forms underground through geological processes and emits no CO2 when used. Notes ›
- S8 (Sigma 8) gauges how strongly matter clusters across roughly 26 million light-years. Notes ›
Environment & Ecology
- Vembanad is India's longest lake and Kerala's largest, about 96.5 km long, within a Ramsar-listed wetland system. Notes ›