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05th April 2025 Current Affairs | Daily GK Update & Top News for Exams

State News

Tamil Nadu Sets a New High with 9.69% Growth

Tamil Nadu Sets a New High with 9.69% Growth

Tamil Nadu recorded the highest real economic growth rate in India for 2024-25 at 9.69%, the state’s best in 10 years, reflecting strong and steady economic progress. Real growth excludes inflation, while the nominal growth rate stood at 14.02%, also the highest among Indian states. The GSDP at constant prices rose from Rs.15.71 lakh crore (2023-24) to Rs.17.23 lakh crore (2024-25). Despite challenges like COVID-19 (0.07% growth in 2020-21), Tamil Nadu’s economy has shown resilience and rapid recovery.

Banking News

RBI Keeps FPI Investment Caps Unchanged for FY2025-26

RBI Keeps FPI Investment Caps Unchanged for FY2025-26

On April 3, 2025, the Reserve Bank of India (RBI) announced it will retain the existing Foreign Portfolio Investor (FPI) investment limits for the financial year 2025-26. The caps include 6% for Central Government Securities (G-Secs), 2% for State Development Loans (SDLs), and 15% for corporate bonds. This decision aims to maintain a stable and predictable investment environment for foreign investors in India’s debt markets. For April – September 2025, the investment limits are set at ₹2.79 trillion for G-Secs and ₹8.22 trillion for corporate bonds.

Business News

HIL Ltd Rebrands as BirlaNu Limited

HIL Ltd Rebrands as BirlaNu Limited

HIL Ltd has rebranded itself as BirlaNu Limited, aligning its identity with its core values of innovation, quality, and sustainability in the building materials industry. With a strong presence in India and Europe, the company aims to better serve homeowners, builders, and designers. Having been operational for over eight decades, BirlaNu is deeply rooted in Hyderabad, Telangana, and Andhra Pradesh.

Awards News

PM Narendra Modi Conferred Sri Lanka’s Highest Civilian Honour – Mithra Vibhushana

05th April 2025 Current Affairs | Daily GK Update & Top News for Exams |_6.1

On April 5, 2025, Prime Minister Narendra Modi was awarded Sri Lanka’s highest civilian honour, the Mithra Vibhushana, in recognition of his efforts to strengthen the historic ties between India and Sri Lanka. The award, conferred by President Anura Kumara Dissanayake in Colombo, includes a citation and a silver medal adorned with Sri Lankan gems. The medal features symbols of shared cultural heritage, such as the Dharma Chakra, Navarathna, and the Pun Kalasa. Modi expressed that the honour was a reflection of the deep friendship between the two nations and dedicated it to the 1.4 billion Indians.

Appointments News

Mohsin Naqvi Appointed as President of the Asian Cricket Council (ACC)

Mohsin Naqvi Appointed as President of the Asian Cricket Council (ACC)

Mohsin Naqvi has officially taken over as the new President of the Asian Cricket Council (ACC), succeeding Shammi Silva, who served a brief tenure from December 2024. Naqvi, also the Chairman of the Pakistan Cricket Board (PCB) since February 2024 and Pakistan’s Interior Minister, expressed his commitment to strengthening Asian cricket’s global influence. His appointment marks a significant leadership transition in the region’s cricket diplomacy.

Seema Agrawal Named DGP of Fire and Rescue Services

Seema Agrawal named DGP of Fire and Rescue Services

Seema Agrawal, a senior IPS officer, has been appointed as the new DGP/Director of Fire and Rescue Services following the retirement of Abhash Kumar. Earlier, she served as DGP of Civil Supplies. Alongside her appointment, seven other IPS officers were transferred in routine administrative reshuffling.

Agreements News

India Post & Nippon India Mutual Fund Join Hands to Offer Door-to-Door KYC Services

India Post & Nippon India Mutual Fund Join Hands to Offer Door-to-Door KYC Services

India Post has partnered with Nippon India Mutual Fund through a Memorandum of Understanding (MoU) to offer door-to-door KYC verification services for mutual fund investors, enhancing financial inclusion. This initiative aims to make mutual fund investments more accessible, particularly for rural populations, elderly citizens, and individuals with mobility issues. India Post’s extensive nationwide network has already facilitated over 5 lakh KYC verifications for UTI and SUUTI, and this partnership supports the Jan Nivesh initiative to empower citizens with secure, convenient financial services.

Indian Railways and DMRC Sign MoU for Automatic Wheel Profile Measurement Systems

Indian Railways and DMRC Sign MoU for Automatic Wheel Profile Measurement Systems

On April 4, 2025, Indian Railways signed an agreement with Delhi Metro Rail Cooperation (DMRC) to implement Automatic Wheel Profile Measurement Systems (AWPMS) for efficient and safe railway maintenance. AWPMS uses laser scanners and high-speed cameras to automatically check the shape and condition of train wheels in real time, detecting wear and potential damage. The system provides instant alerts for quick repairs, enhancing train safety and speed.

Defense News

Bilateral Naval Exercise INDRA-2025 Concluded

Bilateral Naval Exercise INDRA-2025 Concluded

The INDRA 2025 exercise, held from March 28 to April 2, 2025, was the 14th edition of the bilateral naval drill between the Indian Navy and Russian Navy. The exercise focused on strengthening interoperability, simulating coordinated manoeuvres, and countering maritime security threats. Key activities included complex combat drills, enhancing joint operational readiness, and exchanging best practices to improve mutual understanding and effectiveness in addressing contemporary maritime challenges.

Indian Army’s MRSAM Missile Tests Prove War-Readiness

Indian Army's MRSAM Missile Tests Prove War-Readiness

The Medium-Range Surface-to-Air Missile (MRSAM), developed by DRDO and Israel Aerospace Industries, has successfully passed critical trials, proving its operational readiness for the Indian Army. Designed to target and destroy a wide range of aerial threats, the missile system underwent four successful flight tests at Dr APJ Abdul Kalam Island, targeting long-range, short-range, high-altitude, and low-altitude threats. The system includes a multi-function radar, command post, and mobile launcher, marking a significant advancement in India’s defense capabilities.

Ranks & Reports News

Mumbai Has Slowest Fixed Broadband Among Indian Cities As Per Ookla

Mumbai Has Slowest Fixed Broadband Among Indian Cities As Per Ookla

According to Ookla’s Speedtest Global Index (Feb 2025), Mumbai recorded the lowest fixed broadband speed among Indian cities, ranking 123rd globally with a download speed of 58.24 Mbps, while Delhi topped nationally at 89th rank with 91.11 Mbps. This disparity contributed to India’s overall slip in global broadband rankings from 94 to 95, with national averages at 61.66 Mbps download, 57.89 Mbps upload, and 7 ms latency. Mumbai’s poor performance is attributed to dense population and challenging terrain.

Summits & Conferences News

India Urges BRICS on ‘Baku to Belem Roadmap’ for Mobilizing $1.3 Trillion in Climate Finance

India Urges BRICS on ‘Baku to Belem Roadmap’ for Mobilizing $1.3 Trillion in Climate Finance

At the 11th BRICS Environment Ministers’ Meeting in Brasilia (April 3, 2025), India called for stronger climate cooperation, emphasizing the Baku to Belem Roadmap to mobilize USD 1.3 trillion for Nationally Determined Contributions (NDCs). Represented by Amandeep Garg from MoEFCC, India highlighted sustainable development, energy security, and a Just Transition. India stressed BRICS’ global role, covering 47% of the world’s population and 36% of GDP, and advocated for enhanced climate finance, energy diversification, and the Green Grids Initiative. The meeting also emphasized resource efficiency and circular economy principles.

Bangladesh Takes Over Chairmanship of BIMSTEC for Next Two Years

Bangladesh Takes Over Chairmanship of BIMSTEC for Next Two Years

On April 4, 2025, Bangladesh became the new Chair of BIMSTEC for the next two years, taking leadership from Thailand. Chief Advisor Muhammad Yunus emphasized making BIMSTEC more inclusive and action-oriented. BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) is a regional organization comprising Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand, focusing on trade, economy, and regional cooperation. The Sixth BIMSTEC Summit in Bangkok had the theme “Prosperous, Resilient and Open BIMSTEC,” with a moment of silence for victims of the March 28 earthquake in Myanmar and Thailand.

Schemes News

Stand-Up India Scheme Marks 7 Years of Empowering Marginalized Entrepreneurs

Stand-Up India Scheme Marks 7 Years of Empowering Marginalized Entrepreneurs

The Stand-Up India Scheme, launched on April 5, 2016, has empowered marginalized entrepreneurs, particularly SC, ST, and women, by providing financial support for new enterprises. With over Rs. 61,000 crore sanctioned in loans, the scheme has seen significant growth, with loan accounts for SCs rising from 9,399 to 46,248, for STs from 2,841 to 15,228, and for women entrepreneurs from 55,644 to 1,90,844. The initiative has been instrumental in fostering entrepreneurship, job creation, and financial inclusion across India.

Important Days News

National Maritime Day 2025: History, Significance, Theme, and Celebration

National Maritime Day 2025: History, Significance, Theme, and Celebration

National Maritime Day, celebrated on April 5 each year, honors India’s maritime heritage and the crucial role of the shipping industry in trade, economy, and security. First observed in 1964, it commemorates the maiden voyage of the Scindia Steam Navigation Company in 1919, marking India’s shift away from British dominance over sea routes. The day acknowledges the contributions of seafarers and maritime professionals and serves as a platform for discussions on maritime safety, sustainable shipping, and technological advancements.

Swaminarayan Jayanti 2025: Know Date, Time, Significance and Rituals

Swaminarayan Jayanti 2025: Know Date, Time, Significance and Rituals

Swaminarayan Jayanti celebrates the birth of Shri Swaminarayan (born Ghanshyam in 1781), a revered spiritual leader and yogi. He is believed to be an avatar of Lord Krishna and taught values like truth, non-violence, and celibacy. The day falls on the ninth day of Shukla Paksha in the Hindu month of Chaitra, coinciding with Ram Navami. Shri Swaminarayan’s journey included learning holy texts and performing spiritual travels across India. His teachings continue to inspire millions even after his passing at age 49. Swaminarayan Jayanti 2025 will be observed on April 6.

Samata Diwas 2025: Observing Birth Anniversary Of Babu Jagjivan Ram

Samata Diwas 2025: Observing Birth Anniversary Of Babu Jagjivan Ram

Samata Diwas, celebrated on April 5, marks the birth anniversary of Babu Jagjivan Ram, a renowned freedom fighter, social reformer, and champion of social justice. Known as “Babuji,” he dedicated his life to fighting untouchability, casteism, and promoting equality. With a remarkable 50-year tenure as an MP and 30 years as Union Minister, he remains a record-holder in Indian politics. This day, observed as a public holiday in Telangana and Andhra Pradesh, inspires people to stand against discrimination and uphold justice and equal rights for all.

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FAQs

What is BIMSTEC?

BIMSTEC stands for the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation. It is a regional organization consisting of seven countries: Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.