Daily Current Affairs 25th April 2024, Important News Headlines (Daily GK Update)

International News

Prabowo Subianto Declared Indonesia’s President-Elect Amid Controversy

Indonesia’s electoral commission has officially declared Prabowo Subianto as the president-elect after the country’s highest court rejected challenges to his landslide victory lodged by two losing presidential candidates. Subianto, currently serving as the defense minister, secured 58.6% of the votes, amounting to more than 96 million ballots, which is more than twice the number received by either of his rivals.

Appointments News

FSIB Recommendations for SBI and Indian Bank MD Appointments

The Financial Services Institutions Bureau (FSIB) has recommended candidates for the positions of Managing Director (MD) at State Bank of India (SBI) and Indian Bank. Rana Ashutosh Kumar Singh has been proposed for SBI MD, while Asheesh Pandey has been recommended for Indian Bank MD.

Banking News

RBI Releases New Guidelines for ARCs Effective April 24, 2024

The Reserve Bank of India (RBI) has issued a comprehensive master direction for asset reconstruction companies (ARCs), which will come into effect from April 24, 2024. These guidelines aim to enhance the regulatory framework for ARCs and ensure their financial stability and effectiveness in resolving distressed assets.

Kotak Mahindra Bank Share Plunges 10% on RBI Action

Kotak Mahindra Bank’s shares plummeted by 10% following punitive measures imposed by the Reserve Bank of India (RBI), which restrict the bank from onboarding new customers online and issuing fresh credit cards due to IT system deficiencies in 2022 and 2023.

RBI Introduces FEMA Regulations for Direct Listing on International Exchanges

The Reserve Bank of India (RBI) has unveiled regulations under the Foreign Exchange Management Act (FEMA) to facilitate the direct listing of Indian companies on international stock exchanges. These regulations aim to streamline foreign exchange transactions and reporting procedures, offering companies greater flexibility in utilizing funds raised through overseas listings.

Business News

Jio Surpasses China Mobile to Lead Global Telco Industry in Data Traffic

Reliance Jio, the telecom leader in India, has outpaced China Mobile to become the world’s largest mobile operator by data traffic consumption. With a subscriber base of 481.8 million, including 108 million on its True5G Standalone network, Jio’s dominance underscores its position in the global telecom market.

Sports News

T20 World Cup ambassador Usain Bolt predicts big things for cricket in USA

Legendary sprinter Usain Bolt has been named the official ambassador for the upcoming ICC Men’s T20 World Cup, co-hosted by the West Indies and the United States from June 1 to 29. The Jamaican icon, known as the fastest man alive, brings his passion for cricket and global appeal to ignite the tournament and propel the sport into new territories.

Ranks and Reports News

Passport Affordability Rankings: Indian Passport Second Cheapest, UAE Tops

A recent study conducted by Australian firm Compare the Market AU has revealed intriguing insights into global passport affordability and accessibility. According to the study, the Indian passport ranks as the second cheapest worldwide, with the UAE passport claiming the top spot for affordability. While the Indian passport offers a cost-effective option in terms of both acquisition cost and yearly expenses, its visa-free access is relatively limited compared to higher-priced passports.

Karnataka and Gujarat Lead India’s Clean Energy Transition: Report

A recent report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember evaluates the progress of India’s clean electricity transition at the state level. While Karnataka and Gujarat maintain strong performances, states like Jharkhand, Bihar, West Bengal, and Uttar Pradesh lag behind, necessitating increased efforts for renewable energy integration and decarbonization.

Science and Technology News

NASA’s Solar-Powered Spacecraft: Pioneering Solar Sail Technology

NASA recently launched a groundbreaking space mission from New Zealand, deploying the Advanced Composite Solar Sail System spacecraft aboard Rocket Lab’s Electron rocket. This innovative spacecraft utilizes solar energy for propulsion, marking a significant leap in space exploration technology.

Indian Students Shine at NASA’s Human Exploration Rover Challenge

Two Indian student teams have brought laurels to the country by winning prestigious awards at the NASA Human Exploration Rover Challenge (HERC). The KIET Group of Institutions from Delhi-NCR bagged the “Crash and Burn” award, while the Kanakia International School from Mumbai received the “Rookie of the Year” award.

Important Days

Khongjom Day: Remembering the Valiant Fighters of Anglo-Manipuri War

In Manipur, Khongjom Day is observed on April 23 to pay homage to the brave souls who fought against the British in the Khongjom Battle during the Anglo-Manipuri War of 1891. This day holds great significance in the history of Manipur, as it commemorates the valor and sacrifice of those who laid down their lives to protect their homeland.

World Immunization Week 2024 Observed on April 24 to 30

Every year, from April 24 to 30, the world celebrates World Immunization Week. This global campaign aims to raise awareness about the importance of vaccination and its role in protecting individuals, communities, and populations against preventable diseases. Vaccination campaigns have been instrumental in eradicating smallpox and nearly defeating polio, showcasing humanity’s remarkable achievements in the field of immunization.

World Malaria Day 2024 Observed on 25th April Annually

Every year on April 25, World Malaria Day is observed to raise awareness about the prevention, treatment, and control of malaria, a life-threatening disease caused by mosquito bites. Malaria is prevalent in tropical and subtropical regions, but it is preventable with proper precautions and measures. This annual observance serves as a reminder of the global efforts needed to eradicate this disease and ensure a healthier world.

International Girls in ICT Day 2024 Observed on April 25

Every year on the fourth Thursday of April, the world celebrates International Girls in ICT Day. This important occasion aims to highlight the significance of girls and young women in the field of Information and Communications Technology (ICT) and encourage them to pursue education and careers in STEM (Science, Technology, Engineering, and Mathematics). This year, International Girls in ICT Day falls on April 25.

Every year on April 25, the world celebrates International Delegate’s Day

Every year on April 25, the world celebrates International Delegate’s Day, recognizing the crucial role of delegates who represent their countries at the United Nations (UN). Without these dedicated individuals, the UN would not exist. This day honours the delegates’ commitment to the spirit of multilateralism and their efforts to work together under the UN to solve global problems.

25th April CURRENT AFFAIRS 2024 | ALL EXAMS IMP. CURRENT AFFAIRS | ASHISH GAUTAM SIR