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Daily Current Affairs: 17 April 2025

Current affairs of 17 April 2025: WTO 2025 Trade Outlook: Merchandise Trade Seen Falling 0.2%; India-China Trade Deficit Hits $99.2 Billion in FY 2024-25; US Tariff on China Up to 245%: Nvidia Chip Curbs, Retail Data, and 18 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)April 2025
21 TOPICSDaily CurrentAffairs17 April 2025In focus: WTO 2025 Trade Outlook: Merchandise…safalsetu.com

In this issue: 21 topics

National Affairs

  1. Kailash Mansarovar Yatra 2025: Push to Resume After 2019
  2. Gond and Gutti Koya Tribes: Displacement and Rights Gap
  3. NREGS Wage Hike Likely Small in FY26
  4. Japan’s Gift of Two Shinkansen Trains to India

Banking & Finance

  1. Sebi Chief Pandey: Misgovernance Is Individual, Not Systemic
  2. UPI Outages and Status API Calls: NPCI’s Fix Plan
  3. Ind Bank Derivatives Gap: PwC Review Impact
  4. Paytm Founder Vijay Shekhar Sharma Settles IPO Case With SEBI
  5. RBI Skips 14-Day VRR Auction for Third Straight Fortnight
  6. SEBI to Review ESG and Supply Chain Disclosure Rules
  7. PNB Foundation Day: 34 New Digital and Inclusion Products
  8. RBI Penalises Citibank ₹3.20 Lakh for FEMA Contravention

Economy

  1. CPI Inflation Eases to 3.34%: State-wise Highs and Lows
  2. Moody’s vs UNCTAD: India’s 2025 GDP Growth Forecasts
  3. DPE and Dipam Merger Plan: CPSE Policy and Disinvestment

International Affairs

  1. WTO 2025 Trade Outlook: Merchandise Trade Seen Falling 0.2%
  2. India-China Trade Deficit Hits $99.2 Billion in FY 2024-25
  3. US Tariff on China Up to 245%: Nvidia Chip Curbs, Retail Data
  4. IFC Catalytic First Loss Guarantee Facility for MSME Lending
  5. U.S. Reciprocal Tariffs: What They Mean for India

Science & Technology

  1. SanskritSahitya.org: Free Sanskrit Literature Website

National Affairs

Economy

3. NREGS Wage Hike Likely Small in FY26

  • The Centre is unlikely to lift NREGS wages beyond the usual 2-7% annual hike, fearing inflation and fiscal complications.
  • A parliamentary panel led by Saptagiri Sankar Ulaka sought at least ₹400 a day and 150 workdays instead of 100.
  • The NREGS budget for FY26 is ₹86,000 crore, unchanged from FY25.
Full notes and 3 MCQs ›

Banking & Finance

Economy

International Affairs

Economy

20. U.S. Reciprocal Tariffs: What They Mean for India

  • The U.S. reciprocal tariff formula is -1/2 x (U.S. exports minus U.S. imports) divided by U.S. imports.
  • Using 2024 data, India's reciprocal tariff worked out to 26%, on top of existing commodity tariffs.
  • Steel, aluminium, autos, semiconductors, copper, pharma, bullion, energy and rare minerals were exempt.
  • Raising U.S. imports by $25B could cut India's rate to 11.8%.
Full notes and 3 MCQs ›

Science & Technology

Test yourself

15 questions from the news of 17 April 2025, with answers and explanations.

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