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Daily Current Affairs: 4 April 2025

Current affairs of 4 April 2025: US Reciprocal Tariffs: India Faces 27% Duty; NITI-NCAER States Economic Forum: Data Portal Explained; Starlink in India: Airtel and Jio Tie-Ups, Risks, Way Ahead, and 21 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)April 2025
24 TOPICSDaily CurrentAffairs4 April 2025In focus: US Reciprocal Tariffs: India Faces 27%…safalsetu.com

In this issue: 24 topics

National Affairs

  1. NITI-NCAER States Economic Forum: Data Portal Explained
  2. Coastal Shipping Bill 2024 Passed by Lok Sabha
  3. GI Tags for Kumbakonam Vetrilai and Thovalai Garland

Government Schemes

  1. EPFO Drops Cheque Upload and Employer Approval for Bank Seeding
  2. PMMY at 10 Years: SBI Report on State-wise Mudra Loan Shift

Banking & Finance

  1. SORR vs WACR: Bankers Seek New RBI Overnight Benchmark
  2. Vodafone Idea: Sebi Exempts Government From Open Offer
  3. SebiDNVS Launched; Sebi Warns NSDL on Bond Database
  4. RBI’s First FY26 OMO Draws Bids Four Times Notified Amount
  5. Banks Ask RBI for Daily Overnight Liquidity Window
  6. BlackSoil-Caspian Debt Merger Wins RBI Approval
  7. Citi-SBI $295 Million Social Loan for Small Farmers
  8. Bank of Maharashtra and Customer Capital Tripstacc Travel Platform
  9. IDFC FIRST Bank Cleared by CPAO to Pay Central Pensions
  10. Axis Bank B2B Collections on Bharat Connect: First in India

Economy

  1. NCLAT Upholds Bharti Telecom Capital Reduction
  2. MSME Definitions Revised: Higher Limits, Wider Benefits

International Affairs

  1. US Reciprocal Tariffs: India Faces 27% Duty

Agriculture & Rural

  1. US Tariffs Hit India’s Seafood and Agri Exports Unevenly
  2. Agri Mechanization and Digital Agriculture Mission Schemes
  3. ICAR Precision Farming, Drones and Soil Health Cards

Science & Technology

  1. Starlink in India: Airtel and Jio Tie-Ups, Risks, Way Ahead

Environment & Ecology

  1. NITI Aayog Climate Adaptation Workshop for Local Planning

Reports & Indexes

  1. UNCTAD Report: India 10th in Private AI Investment

National Affairs

Government Schemes

Banking & Finance

Banking & Finance

11. BlackSoil-Caspian Debt Merger Wins RBI Approval

  • RBI has approved the merger of BlackSoil Capital and Caspian Debt; NCLT approval is still pending.
  • NCLT clearance is expected within six to nine months.
  • BlackSoil Capital is an alternative credit platform; Caspian Debt is an impact investment lender.
  • The combined entity aims to lend more to startups, MSMEs and impact-focused businesses with smaller credit needs.
Full notes and 3 MCQs ›

Economy

Economy

16. NCLAT Upholds Bharti Telecom Capital Reduction

  • NCLAT approved Bharti Telecom's 2018 capital reduction scheme, rejecting minority shareholders' objections.
  • 99.90% of shareholders voted in favour of the scheme.
  • Minority shareholders objected to a 25% discount applied in valuing shares.
  • Minority holders account for only 1.09% of Bharti Telecom's share capital.
Full notes and 3 MCQs ›

International Affairs

Economy

18. US Reciprocal Tariffs: India Faces 27% Duty

  • A 10% baseline US tariff applied from April 5 and country-specific reciprocal tariffs, up to 49%, from April 9.
  • India was assigned a 27% tariff despite ongoing Bilateral Trade Agreement talks.
  • The measures rest on the International Emergency Economic Powers Act (IEEPA) of 1977, with trade deficits called a national emergency.
  • India and the US are negotiating towards a $500 billion bilateral trade goal by 2030.
Full notes and 3 MCQs ›

Agriculture & Rural

Science & Technology

Science & Technology

22. Starlink in India: Airtel and Jio Tie-Ups, Risks, Way Ahead

  • Airtel and Jio partnered with SpaceX to offer Starlink satellite internet, aimed at rural and remote last-mile connectivity.
  • Concerns include national security, data sovereignty, and monopoly power as SpaceX has over 7,000 satellites against OneWeb's 650+.
  • BSNL is missing from the arrangement, which weakens government oversight and strategic leverage.
  • Suggested safeguards: technology transfer clauses, local data hosting and tiered, shared or community pricing.
Full notes and 3 MCQs ›

Environment & Ecology

Reports & Indexes

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