Skip to content

Free updates Login

Daily Current Affairs: 7 May 2025

Current affairs of 7 May 2025: India-UK FTA Concluded: Tariff Cuts and Social Security Pact; Operation Sindoor: India’s Response to Pahalgam Attack; HDI 2025: India Ranks 130th With 0.685 Score, and 14 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)May 2025

In this issue: 17 topics

National Affairs

SYL Canal Dispute: Supreme Court Slams Punjab’s Land Denotification
Piprahwa Buddha Relics: India Objects to Sotheby’s Hong Kong Sale

Banking & Finance

Fino Payments Bank Seeks Small Finance Bank Licence
Gold-Melting ATM by Goldsikka: AI Machine in Hyderabad

Economy

RBI OMO Bond Purchase Gets 2.6x Bids: What Are OMOs?
Moody’s trims India’s 2025 GDP growth forecast to 6.3%

International Affairs

India-UK FTA Concluded: Tariff Cuts and Social Security Pact
Merz Elected German Chancellor After Second Vote

Science & Technology

Satellite Internet Rules Tightened by DoT: Starlink Impact
Gaganyaan Crewed Flight Slips to Q1 2027; Ax-4 Plan
Nava Raipur to Host India’s First AI-Integrated Data Centre Park
Digital Public Infrastructure: Aadhaar, UPI and Laggards

Environment & Ecology

Sustainable Transport Mission: New NAPCC Mission on Roads

Defence & Security

Operation Sindoor: India’s Response to Pahalgam Attack
SA-24 Igla-S MANPADS Deployed by Army in Jammu and Kashmir
Nationwide Civil Defence Drill Ordered After Pahalgam Attack

Reports & Indexes

HDI 2025: India Ranks 130th With 0.685 Score

National Affairs

Polity & Governance

1. SYL Canal Dispute: Supreme Court Slams Punjab’s Land Denotification

The Supreme Court called Punjab's denotification of SYL land 'high-handedness'.
SYL is a 214 km canal linking the Sutlej and Yamuna, based on a 1981 agreement.
Next hearing was set for August 13.

Full notes and 3 MCQs ›

International Relations

2. Piprahwa Buddha Relics: India Objects to Sotheby’s Hong Kong Sale

India's Culture Ministry sent Sotheby's Hong Kong a legal notice to halt an auction of sacred Buddhist relics.
The relics came from Piprahwa Stupa, excavated in 1898, linked with ancient Kapilavastu.
Most items are in the Indian Museum, Kolkata, as Category 'AA' antiquities that cannot be sold or exported.

Full notes and 3 MCQs ›

Banking & Finance

Banking & Finance

3. Fino Payments Bank Seeks Small Finance Bank Licence

Fino Payments Bank applied to RBI for an SFB licence in November 2024.
Payments banks cannot lend and must keep 75% of deposits in government securities.
SFBs: 75% of ANBC to priority sectors, minimum capital ₹200 crore.

Full notes and 3 MCQs ›

Banking & Finance

4. Gold-Melting ATM by Goldsikka: AI Machine in Hyderabad

Hyderabad-based Goldsikka Ltd launched India's first AI-powered Gold-Melting ATM.
It melts and tests deposited jewellery, values it live and transfers money to the user's bank in about 30 minutes.
Plan: 100 melting ATMs in India and 100 overseas within a year, pending regulatory approval.

Full notes and 3 MCQs ›

Economy

5. RBI OMO Bond Purchase Gets 2.6x Bids: What Are OMOs?

RBI sought ₹50,000 crore of bonds via OMO and got bids of ₹1.32 lakh crore, over 2.6x.
The 7.10% GS 2034 bond drew the strongest demand.
Bonds of 3 to 14 years were included; ultra-long ones excluded.

Full notes and 3 MCQs ›

6. Moody’s trims India’s 2025 GDP growth forecast to 6.3%

Moody's cut India's 2025 GDP growth forecast to 6.3% from 6.6%.
The IMF and World Bank also trimmed India's growth estimates.
The US imposed a 26% reciprocal duty on Indian imports, paused for 90 days till July 9.

Full notes and 3 MCQs ›

International Affairs

7. India-UK FTA Concluded: Tariff Cuts and Social Security Pact

India and the UK concluded an FTA, announced by Modi and Starmer, with a Double Contribution Convention.
99% of Indian exports get zero-duty entry to the UK.
Whisky and gin tariffs fall from 150% to 75%, then 40% in ten years; autos go from over 100% to 10% under quota.

Full notes and 3 MCQs ›

International Relations

8. Merz Elected German Chancellor After Second Vote

Friedrich Merz won the second parliamentary vote to become German Chancellor.
He had lost the first round hours earlier, a historic setback.
He is Germany's 10th Chancellor since the Second World War.

Full notes and 3 MCQs ›

Science & Technology

Science & Technology

9. Satellite Internet Rules Tightened by DoT: Starlink Impact

Starlink awaits a unified licence and GMPCS authorisation in India.
DoT's new rules extend interception and geofencing duties to satellite providers.
Terminals must be made in India within five years.

Full notes and 3 MCQs ›

Science & Technology

10. Gaganyaan Crewed Flight Slips to Q1 2027; Ax-4 Plan

ISRO's first crewed Gaganyaan mission is now set for Q1 2027; the original target was 2022.
Eight Gaganyaan missions are planned till 2028; the Vyommitra uncrewed flight was expected later in 2025.
India paid ₹550 crore to Axiom Space for Shubhanshu Shukla's seat on Axiom-4.

Full notes and 3 MCQs ›

Government Schemes

11. Nava Raipur to Host India’s First AI-Integrated Data Centre Park

RackBank Datacenters will build India's first AI-integrated data centre park in Nava Raipur.
Chief Minister Vishnu Deo Sai laid the foundation; cost is about ₹2,000 crore.
Phase 1 offers 5 MW, expandable to 150 MW.

Full notes and 3 MCQs ›

Government Schemes

12. Digital Public Infrastructure: Aadhaar, UPI and Laggards

Aadhaar and UPI are India's horizontal digital rails; eKYC, eSign and DigiLocker sit on Aadhaar.
PM-WANI, eRUPI and ABDM have seen slow rollout.
PM-WANI came from TRAI; eRUPI launched 2 August 2021; ABDM launched September 2021.

Full notes and 3 MCQs ›

Environment & Ecology

Government Schemes

13. Sustainable Transport Mission: New NAPCC Mission on Roads

A transport mission was planned under the NAPCC, its first new mission in over a decade.
Road transport accounts for 12% of India's energy-related CO₂ emissions.
MoRTH is the nodal agency and has worked on it for two years.

Full notes and 3 MCQs ›

Defence & Security

Defence & Security

14. Operation Sindoor: India’s Response to Pahalgam Attack

Operation Sindoor was India's response to the terrorist attack in Pahalgam, J&K, in which 26 civilians died.
Strikes targeted terrorist infrastructure in Pakistan and Pakistan-Occupied Kashmir.
India avoided Pakistani military installations, calling its approach measured and non-escalatory.

Full notes and 3 MCQs ›

International Relations

15. SA-24 Igla-S MANPADS Deployed by Army in Jammu and Kashmir

Russian SA-24 Igla-S is a third-generation MANPADS (Man-Portable Air Defense System).
Infrared-guided; range 6 km, altitude up to 3.5 km.
Army units in Jammu & Kashmir began deploying it; Russia supplies over 50% of India's military imports.

Full notes and 3 MCQs ›

Defence & Security

16. Nationwide Civil Defence Drill Ordered After Pahalgam Attack

The Union Home Ministry mandated a nationwide civil defence preparedness drill, due to begin on a Wednesday.
The drill was triggered by the 22 April terror attack in Pahalgam in which 26 civilians died.
Its aim was to test how well emergency response systems work across the country.

Full notes and 3 MCQs ›

Reports & Indexes

International Relations

17. HDI 2025: India Ranks 130th With 0.685 Score

India ranked 130th among 193 countries and territories in the UNDP 2025 Human Development Index.
HDI value rose from 0.676 (2022) to 0.685 (2023); India stays in the medium human development group.
Inequality cuts India's HDI by 30.7%, among the highest losses in South Asia.

Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 7 May 2025, with answers and explanations.