Daily GK Update- 17th May, 2025

 NATIONAL UPDATES:

 

1. DST Launches India’s First-Ever Carbon Capture Testbeds in Cement Sector to Accelerate Net Zero Goals: DST has launched five Carbon Capture and Utilisation (CCU) testbeds in India’s cement sector, aiming to support decarbonisation in one of the country’s most carbon-intensive industries through an innovative Public-Private Partnership (PPP) model involving academia and top cement companies.The initiative supports India’s 2070 Net Zero goal by developing technology that captures CO₂ from cement plants and converts it into useful products like concrete blocks, olefins, and construction materials, using cutting-edge methods such as catalysis, mineralization, and vacuum swing adsorption. Testbeds are being set up in collaboration with premier institutions such as IIT Kanpur, IIT Bombay, IIT Madras, BITS Pilani, IISc, and others, along with leading industry players like JK Cement, JSW Cement, Dalmia Cement, and Ultratech Cement, focusing on pilot-scale industrial deployment.

 

2. ReNew Power Commits ₹22,000 Crore for India’s Largest Renewable Energy Complex in Andhra Pradesh: ReNew Power is investing approximately ₹22,000 crore in India’s largest single-site renewable energy (RE) complex at Bethapalle village, Anantapur district, Andhra Pradesh, with a ground-breaking ceremony scheduled for May 16, attended by IT & HRD Minister Nara Lokesh.The project, located in Guntakal Assembly constituency, will have Phase-I capacities of 587 MW solar, 250 MW wind, and a 415 MWh Battery Energy Storage System (BESS), costing around ₹7,000 crore; the total capacity across all phases will reach 1,800 MW solar, 1,000 MW wind, and 2,000 MWh BESS.The investment contributes to Andhra Pradesh’s target of 72 GW renewable energy capacity by 2029 and complements recent major clean energy investments by companies like Tata Power, NTPC, Vedanta’s Serentica, Brookfield, and SAEL, amounting to several lakh crores and thousands of MWs in capacity.

 

3. Syndicate Bank Appoints Arun Shrivastava as MD and CEO: Arun Shrivastava has been appointed as Managing Director and CEO of Syndicate Bank, ending a nine-month leadership vacancy caused by the arrest of the previous CMD, S K Jain, in a graft case.Shrivastava brings over 30 years of banking experience, having worked at Bank of Baroda and Bank of India, where he managed key portfolios including corporate debt restructuring, international operations, and credit monitoring.His appointment aims to restore stability and confidence in Syndicate Bank, helping it navigate challenges, improve asset quality, and achieve growth amid changing regulatory conditions.

 

4. Shillong-Silchar Highway: The Shillong-Silchar Highway project is set to transform connectivity in North-East India. This 166.8 km four-lane highway will connect Mawlyngkhung in Meghalaya to Panchgram in Assam. It is the first high-speed corridor in the region and is expected to be completed by 2030. The project aims to reduce travel time and enhance economic activity. The Shillong-Silchar Highway is a critical infrastructure initiative by the National Highways & Infrastructure Development Corporation Limited (NHIDCL). It is part of India’s broader  aiming to enhance trade and connectivity with South-East Asia. The project will facilitate the movement of goods and people across the North-East, which is currently reliant on the Siliguri Corridor.

 

INTERNATIONAL UPDATES:

 

1. China Revamps Military Education with New Academies to Boost Defence Modernisation: China is restructuring its military education by establishing three new academies — PLA Ground Force Service Academy, PLA Information Support Force Engineering University, and PLA Joint Logistics Support Force Engineering University — to train specialised talent for its newest branches, the Information Support Force (ISF) and Joint Logistics Support Force (JLSF).These academies will be located in Hefei, Wuhan, and Chongqing, and will begin enrolling high school graduates, aligning military training with the evolving structure of China’s armed forces.The ISF, responsible for military communications and networks, and the JLSF, focusing on nationwide logistics integration, were created after the PLA disbanded its Strategic Support Force in April 2024 as part of a broader reorganisation.China has boosted its 2025 defence budget by 7.2% to about $245 billion and is constructing a massive new military command centre near Beijing to support its goal of building a “world-class” military by 2049, with modernisation targeted by 2027.

 

2. Anurag Bhushan Appointed as India’s Next Ambassador to Sweden: Anurag Bhushan, a 1995 batch Indian Foreign Service (IFS) officer and currently serving as Additional Secretary in the Ministry of External Affairs, has been appointed as India’s next Ambassador to Sweden.Mr Bhushan belongs to the 1995 batch of the Indian Foreign Service and has held a range of diplomatic and administrative roles during his nearly three-decade-long career.

 

3. 16 May – International Day of Light: International Day of Light is celebrated annually on 16 May to recognize the role light plays in science, culture, art, education, and sustainable development.The date marks the anniversary of the first successful operation of the laser in 1960 by physicist Theodore Maiman, which revolutionized science and technology.The day promotes awareness about how light science can contribute to global challenges such as climate change, health, and energy efficiency.

 

OTHER UPDATES:

DEFENCE

 

1. The Resistance Front: India’s government is compiling a dossier for the UNSC. This dossier includes intelligence, digital forensics, and investigative findings. The aim is to demonstrate TRF’s terrorist activities and its operational links to Pakistan. Indian officials assert that TRF recruits local youth into militancy. The UNSC 1267 Sanctions Committee was established in 1999 to impose sanctions on entities linked to Al-Qaeda and ISIS. The committee implements travel bans, asset freezes, and arms embargoes. Listing an entity can severely restrict its operations and financial resources. A member state must propose a listing to the sanctions committee, including evidence of terrorist involvement. The process requires consensus from all 15 committee members. This consensus requirement can be influenced by geopolitical factors, often leading to delays or rejections of proposals. TRF has been implicated in various violent incidents in Kashmir. Investigations reveal its use of digital channels for recruitment and coordination. The group initially claimed responsibility for the Pahalgam attack but later retracted this claim, suggesting external influence on its operations.

 

SPORTS 

 

1. Srihari becomes India’s 86th Grandmaster: Tamil Nadu’s L.R. Srihari, a 19-year-old B.Com student from SRM (Vadapalani), has become India’s 86th Grandmaster, securing his final GM norm at the Asian Individual Championships in Al-Ain after nearly a year of close attempts across nine tournaments.Srihari had already crossed the 2500 Elo rating during the Dubai Open 2023 and achieved his first two GM norms at the Sixdays Budapest GM Round-Robin and the 2023 Qatar Masters.

 

2. Mehidy Hasan Miraz and Kathryn Bryce Win ICC Players of the Month for April 2025: Bangladesh’s top all-rounder Mehidy Hasan Miraz was awarded the ICC Men’s Player of the Month for April 2025, recognizing his outstanding performance in the two-Test series against Zimbabwe.This is Mehidy’s first time winning the award, making him the third Bangladeshi cricketer to receive this honour after Mushfiqur Rahim and Shakib Al Hasan.Scotland captain Kathryn Bryce was named the ICC Women’s Player of the Month for April 2025, recognizing her exceptional performances during the ICC Women’s Cricket World Cup Qualifier held in Pakistan.The 27-year-old all-rounder showcased consistent excellence with both bat and ball, playing a key role in leading Scotland to a strong and impressive performance in the tournament.

 

SCIENCE AND TECHNOLOGY

 

1. EU and India Launch €41 Million Joint R&D Initiatives to Combat Marine Pollution and Advance Green Hydrogen Technologies: European Union (EU) and India launched two major research initiatives under the Trade and Technology Council (TTC) with a joint investment of €41 million (₹394 crore) to tackle marine pollution and develop waste-to-renewable hydrogen technologies, co-funded by EU’s Horizon Europe programme, MoES, and MNRE.The first initiative targets marine pollution, esspecially plastic litter, microplastics, and heavy metals, supporting UN Ocean Science Decade goals, India’s National Marine Litter Policy, and the EU’s Zero Pollution Action Plan.The second initiative promotes clean energy through the development of efficient and eco-friendly hydrogen production methods, advancing India-EU collaboration on climate action, energy security, and hydrogen innovation.Both calls are open to researchers, start-ups, industries, and NGOs from India and the EU, with deadlines in September 2025, and further joint calls are planned for 2026, including EV battery recycling and wastewater treatment, strengthening the long-term R&I strategic partnership between the two regions.

 

2. ‘Samudrayaan’: India’s first manned deep ocean mission to be launched by 2026 end: India’s first manned deep ocean mission, ‘Samudrayaan’, aims to explore depths of up to 6,000 meters using the indigenous submersible vehicle ‘Matsya’, carrying three scientists, with launch planned by the end of 2026.The advanced 25-tonne, titanium-hulled submersible is designed to withstand extreme oceanic pressure and temperature, marking a breakthrough in India’s deep-sea research, opening new possibilities in ocean resource assessment and tourism.An innovative technology named ‘Samudrajivah’ is under demonstration for large-scale open sea fish farming, equipped with sensors for remote monitoring of fish biomass, growth, movement, and water quality to enhance food security.Experts emphasized the integration of NIOT’s technology with marine research for a sustainable blue economy, highlighting the urgent need for technological advancements in mariculture, including seaweed cultivation and early warning systems for harmful marine phenomena.

 

BANKING AND FINANCE

 

1. UN cuts India’s 2025 GDP growth forecast to 6.3%: The United Nations has lowered India’s economic growth projection for 2025 by 30 basis points, revising it to 6.3%, citing slower global growth due to heightened trade tensions and policy uncertainty.The growth forecast for 2026 was also cut by 30 basis points, now expected at 6.4%, but India continues to be one of the fastest-growing large economies supported by strong consumption and government spending.

 

2. HDFC Bank Launches ‘Biz+ Current Accounts’ for Growing Indian MSMEs: HDFC Bank has introduced ‘Biz+ Current Accounts,’ a tailored banking solution designed specifically to meet the evolving financial needs of micro, small, and medium enterprises (MSMEs) across India.The Biz+ accounts offer a comprehensive range of bundled services, including cash handling, digital banking platforms, and personalized support from dedicated relationship managers to aid businesses throughout their lifecycle.The bank’s focus with this launch is to provide value-based offerings that cater to both business and personal banking requirements, enhancing the overall banking experience for growing enterprises.

 

3. RBI Fines Deutsche Bank ₹50 Lakh, Yes Bank ₹29.6 Lakh for Regulatory Violations: The Reserve Bank of India imposed a monetary penalty of ₹50 lakh on Deutsche Bank AG, India, for failing to report certain borrower credit details to the Central Repository of Information on Large Credits (CRILC), violating RBI reporting norms.Yes Bank Limited was also fined ₹60 lakh by the RBI for not presenting complete and correct information regarding customer complaints in its Annual Financial Statements for the financial year 2023–24.

 

Daily GK Update- 16th May, 2025

 NATIONAL UPDATES:

 

1. Indore claims to have become India’s first beggar-free city: Indore has become India’s first beggar-free city through a campaign launched in February 2024, reducing approximately 5,000 beggars, including 500 children, from its streets.The campaign involved rehabilitating beggars by providing employment opportunities and enrolling children involved in begging into schools.The initiative has been recognized by the Union Ministry of Social Justice and Empowerment and a World Bank team, serving as a model for a pilot project to eliminate begging in 10 Indian cities.Begging and giving money to beggars are banned, with three FIRs registered for violations, and a Rs 1,000 reward is offered for reporting begging activities, with many claims made.

 

2. Government releases the first ever Monthly PLFS Report for April 2025: The Ministry of Statistics and Programme Implementation released the first Monthly Bulletin of the revamped Periodic Labour Force Survey (PLFS) for April 2025, reporting key employment indicators like Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR), and Unemployment Rate (UR) across rural and urban India for individuals aged 15 and above.In April 2025, the overall LFPR was 55.6%, with rural areas at 58.0% and urban areas at 50.7%; male participation was higher (79.0% rural, 75.3% urban), while female rural LFPR stood at 38.2%.The national Worker Population Ratio (WPR) was 52.8%, with rural WPR at 55.4% and urban WPR at 47.4%; female WPR was 36.8% in rural and 23.5% in urban areas, totaling 32.5% overall.The unemployment rate for April 2025 was 5.1% nationally (5.2% for males and 5.0% for females), marking the start of a new survey phase with enhanced methodology, including a rotational panel design covering 89,434 households and 380,838 individuals nationwide.

 

3. 16 May – National Dengue Day: National Dengue Day is observed on 16 May every year in India to raise awareness about dengue fever, its prevention, and control measures.The day aims to educate people about the symptoms, spread, and preventive actions against dengue, especially in the pre-monsoon season when mosquito breeding increases.What is dengue?: The bite of an infected “Aedes” mosquito can transmit the virus that causes dengue fever. It typically results in skin rash, headache, joint pain, and a high fever.Dengue has the potential to be lethal in extreme cases due to internal bleeding. Dengue does not have a specific medication. Physicians concentrate on symptom management.

 

INTERNATIONAL UPDATES:

 

1. India Emerges as Global 6G Leader with ₹300 Crore Investment and Top Patent Rankings: Over 111 research projects have been funded in India with a total sanction amount of ₹300 crore, contributing significantly to the nation’s progress in 6G technology.India now ranks among the top six countries globally in terms of 6G patent filings, showcasing its growing innovation and R&D strength.6G technology, using TeraHertz frequency bands, is expected to deliver speeds up to 1 terabit per second, making it 100 times faster than 5G.Indigenous 6G development could add $1 trillion to India’s economy by 2035, while also ensuring secure, homegrown communication infrastructure.

 

2. Harvansh Chawla named Chairman of BRICS Chamber of Commerce & Industry: Senior lawyer and international trade expert Harvansh Chawla has been appointed as the new Chairman of the BRICS Chamber of Commerce and Industry, reinforcing its mission to boost trade, investment, and collaboration among BRICS and BRICS Plus nations.Chawla aims to strengthen economic ties, promote sustainable development, and drive innovation across key sectors like technology, agriculture, and manufacturing, positioning the Chamber as a global leader in trade and innovation.The BRICS Chamber, a non-profit body, facilitates business partnerships, trade delegations, and policy advocacy to enhance the global competitiveness and influence of BRICS Plus economies, working closely with governments and industry leaders.

 

3. Neo Wealth Management appoints Shajikumar Devakar as Co-Founder and CEO: Neo Wealth Management has appointed Shajikumar Devakar as its new Co-Founder and CEO, aiming to drive growth and innovation in the wealth management space.Shajikumar brings rich experience from top firms like 360 ONE Wealth, Barclays Wealth, and Deutsche Wealth Management, having led key expansions in South India and the Middle East.Neo Wealth Management currently manages ₹40,000+ crore in wealth and ₹11,500 crore in alternative investments, backed by global investors such as Peak XV Partners, Mitsubishi UFJ, and Euclidean Capital LLC.

 

OTHER UPDATES:

DEFENCE

 

1. Neeraj Chopra conferred with Lieutenant Colonel rank in Territorial Army: Neeraj Chopra has been conferred the honorary rank of Lieutenant Colonel in the Territorial Army, effective from April 16, 2025, as published in The Gazette of India. He was earlier promoted to Subedar Major in 2024.The 27-year-old Olympic double medalist began his military career as a Naib Subedar in 2016 and has received prestigious awards including the Arjuna Award, Khel Ratna, Vishisht Seva Medal, and the highest peacetime honour, Param Vishisht Seva Medal.Neeraj Chopra is celebrated as India’s greatest athlete, being the first Indian to win Olympic gold in men’s javelin at Tokyo 2020 and the third Indian athlete to win multiple Olympic medals after Sushil Kumar and PV Sindhu.

 

2. Exercise Teesta Prahar: Exercise Teesta Prahar was military field exercise conducted by the Indian Army in May 2025. It took place at the Teesta Field Firing Range in West Bengal. The exercise aimed to validate the operational readiness of various combat and support elements in challenging riverine terrain. It brought into light the Indian Army’s commitment to modernisation and joint force integration. Teesta Prahar involved multiple branches of the Indian Army, including Infantry, Artillery, Armoured Corps, Mechanised Infantry, Para Special Forces, Army Aviation, Engineers, and Signals. The exercise simulated realistic battlefield conditions to test the effectiveness of integrated operations. It served as a platform to demonstrate the Army’s preparedness for diverse combat scenarios.

 

SPORTS 

 

1. Former England Selector Ed Smith Appointed As Next MCC President: Former England selector Ed Smith has been appointed as the next president of MCC for a 12-month term starting October 1, 2025, succeeding Lord King of Lothbury.Smith had a distinguished 13-season cricket career playing for Kent, Middlesex, England, and Cambridge University, scoring nearly 13,000 first-class runs, and later served as England’s chief selector during their 2019 World Cup win.

 

2. Maharashtra Leads the Medal Count at 7th Khelo India Youth Games 2025: Maharashtra continued its impressive performance by topping the medal tally at the 7th edition of the Khelo India Youth Games 2025, which took place in Bihar. The state secured a total of 158 medals, comprising 58 gold, 47 silver, and 53 bronze medals. Haryana finished in second place, followed by Rajasthan in third.The event was held from May 4 to May 15, 2025, and saw participation from nearly 5,000 young athletes representing all states and Union Territories across India. Competitions were held in 26 sports disciplines, along with one demonstration sport—esports.The mascot for the games was Gajsimha. While most events took place in Bihar cities such as Patna, Rajgir, Begusarai, Gaya, and Bhagalpur, gymnastics, shooting, and cycling competitions were hosted in New Delhi.

 

SCIENCE AND TECHNOLOGY

 

1. NASA’s GRAIL Mission: Recent findings from NASA’s GRAIL mission have revealed differences between the Moon’s two hemispheres. The study indicates that the nearside of the Moon, which faces Earth, is geologically distinct from the far side. This discovery sheds light on the Moon’s formation and internal structure. The Gravity Recovery and Interior Laboratory (GRAIL) mission aimed to map the Moon’s gravitational field. Launched in 2011, it consisted of two twin spacecraft named Ebb and Flow. They orbited the Moon and collected data on its gravity by measuring the distance between them. This innovative technique provided unprecedented vital information about the Moon’s interior.

 

BANKING AND FINANCE

 

1. India’s Wholesale Inflation Hits 13-Month Low at 0.85% in April: India’s wholesale inflation dropped to a 13-month low of 0.85% in April from 2.05% in March, driven by falling food and fuel prices, with the Wholesale Price Index (WPI) declining 0.19% month-over-month.Consumer Price Index (CPI)-based retail inflation fell to 3.16% in April, the lowest since July 2019, primarily due to food inflation slowing to 1.78% from 2.69% in March.Retail inflation remaining below the Reserve Bank of India’s 4% target for three consecutive months allows the RBI to maintain an accommodative monetary policy to support economic growth.

 

2. SBI Card Partners with Apollo HealthCo to Launch Health-Focused Credit Card: SBI Card has partnered with Apollo HealthCo to launch a co-branded credit card focused on health and wellness, offering benefits on medical and pharmacy-related purchases.The Apollo SBI Card SELECT provides up to 25% value back on transactions made via the Apollo 24*7 app and select Apollo Pharmacy retail stores.As a welcome benefit, customers will receive a ₹1,500 e-gift voucher, which can be redeemed on the Apollo 24*7 app or at Apollo Pharmacy outlets.

 

3. Recent Facilities Launched in Banking & Insurance Sector: PNB MetLife and Policybazaar Collaborate to Launch Pension Premier Multicap FundBank of Baroda has introduced a new fixed deposit option called the ‘bob Square Drive Deposit Scheme’. The bank has also withdrawn its special Utsav Deposit Scheme.KVG Bank launches e-Bank Guarantee serviceAxis Bank Becomes First to Launch B2B Collections via Bharat ConnectFederal Bank launches Fed StarBiz credit card for business customers in collaboration with NPCI and VisaIDFC FIRST Bank authorised by CPAO for pension disbursement

 

4. Canara Bank Launches “CANARA TruEdge” Suite for Institutional Banking with Tailored Benefits: Canara Bank has launched “CANARA TruEdge,” a specialized and feature-rich suite of Current and Savings Accounts designed to meet the banking needs of institutional clients across sectors like healthcare, education, religious organizations, and other non-individual entities.The suite carries the tagline “Grow with trust, lead with edge” and aims to enhance customer segmentation by providing tailored solutions aligned with specific operational and financial workflows.CANARA TruEdge offers zero initial deposit for easy onboarding, and as the institution maintains higher balances, the associated benefits increase proportionally.

 

AWARDS AND HONOURS

 

1. Brazilian Scientist Mariangela Hungria Wins 2025 World Food Prize for Pioneering Sustainable Farming: Brazilian microbiologist Mariangela Hungria, who promoted biological seed and soil treatments to reduce chemical fertiliser use, won the 2025 World Food Prize along with a $500,000 award for her 40 years of impactful research.Her pioneering work on biological nitrogen fixation has helped increase crop yields, especially soybeans, making Brazil the world’s largest soybean producer while promoting sustainable farming practices.Despite criticisms of deforestation linked to agriculture in Brazil, Hungria’s approach improves soil health, reducing the need for forest land expansion, and she will be honoured at the annual World Food Prize event in Iowa this October.

 

Daily GK Update- 15th May, 2025

 NATIONAL UPDATES:

 

1. India’s First Hydrogen-Powered Mining Truck Launched by Adani in Chhattisgarh: Adani Enterprises deployed India’s first hydrogen-powered truck for mining logistics in Chhattisgarh, capable of carrying 40 tonnes over 200 km, equipped with smart technology and triple hydrogen tanks.Chhattisgarh CM Vishnu Deo Sai flagged off the truck in Raipur; it will transport coal from the Gare Pelma III Block to the state power plant.This marks a major step towards sustainable transport, with Adani planning to replace diesel trucks in logistics operations, aiming to reduce carbon emissions.The project is a joint initiative between Adani Natural Resources (ANR) and Adani New Industries Limited (ANIL), promoting green hydrogen, solar energy, and eco-friendly mining practices.

 

2. Govt Approves ₹3,700 Crore Semiconductor Unit Near Jewar Airport: The government has approved the establishment of a semiconductor unit near Jewar Airport in Uttar Pradesh, under the India Semiconductor Mission, as a joint venture between HCL and Foxconn, with an investment of ₹3,700 crore.The plant will have a production capacity of 20,000 wafers per month and an output capacity of 36 million units per month, significantly boosting India’s semiconductor manufacturing capabilities.With five semiconductor units already in advanced stages, this sixth unit marks further progress in building India’s strategically vital semiconductor ecosystem, involving 270 academic institutions and 70 startups in design innovation.The Government of India launched the Semiconductor Mission in December 2022 to build a strong semiconductor ecosystem in the country and to position India as the hub for electronic manufacturing.

 

3. NLC India & IREL Join Hands for Critical Mineral Collaboration: NLC India Ltd. (NLCIL) has signed an MoU with Indian Rare Earths Limited (IREL) to collaborate in the field of critical minerals, focusing on exploration, mining, extraction, and refining activities.The partnership aims to identify and acquire mineral assets in India and abroad, develop processing technologies, set up joint ventures, and enhance the critical minerals value chain.The MoU includes technical support, feasibility studies, and knowledge sharing to strengthen both companies’ capabilities in the strategic resource sector.

 

4. Vibhor Jain Appointed Acting CEO of ONDC Amid Leadership Transition: Vibhor Jain has been appointed as the acting CEO of the Open Network for Digital Commerce (ONDC) following the departure of Thampy Koshy, the founding Managing Director and CEO.ONDC is now in the process of searching for a permanent successor to lead the government-backed initiative into its next phase of growth and development.Since its launch in late 2021 under the Department for Promotion of Industry and Internal Trade (DPIIT), ONDC has quickly emerged as a major player in the Indian digital economy, surpassing 200 million transactions across various sectors in under three years.

 

5. Dr Manoj Kr Jhawar Takes Charge as CMD of PTC India Ltd: Dr Manoj Kumar Jhawar has officially assumed the role of Chairman and Managing Director (CMD) of PTC India Ltd.He brings over 30 years of experience in the power sector and holds a PhD in Management Sciences, along with degrees in Mechanical Engineering and Industrial Engineering & Management; he is also a qualified Cost Accountant.

 

INTERNATIONAL UPDATES:

 

1. PM Mark Carney appoints Anita Anand as Foreign Minister of Canada: The newly sworn-in government of Mark Carney in Canada has appointed Anita Anand of Indian origin as the country’s Minister for Foreign Affairs.Prime Minister Mark Carney and his 28-member Council of Ministers were sworn in after his Liberal party emerged as the largest party in the recently held Parliamentary election.Four people of Indian origin, including Anita Anand, have been included in Mark Carney’s government.Other Indian origin MinisterManinder Sidhu – Minister of International TradeRuby Sahota – Combating CrimeRandeep Sarai, international developmentAnita Anand was born on 20 May 1967 in Kentville, Nova Scotia. Her parents – her father Tamil and mother Punjabi – were Indian doctors who migrated to Canada in the early 1960s. Anand received first-class degrees from Dalhousie University, the University of Toronto, and Oxford University.

 

2. Kuhoo Finance Appoints Vineet Mahajan as CFO Amid Expansion in Education Loans: Tech-driven NBFC Kuhoo Finance has appointed Vineet Mahajan as its new Chief Financial Officer (CFO) to drive its mission of making quality education more accessible across India.Vineet Mahajan, a Chartered Accountant with over 25 years of experience in the banking and financial services sector, has held key roles at Aavas Financiers, Edelweiss, and Deutsche Postbank, with expertise in strategy, governance, and fundraising.

 

3. 15 May – International Day of Families: International Day of Families is observed every year on May 15th. The day highlights issues relating to families, such as social, economic, and demographic challenges, and promotes awareness of their role in development and well-being.

Theme – Family-Oriented Policies for Sustainable Development: Towards the Second World Summit for Social DevelopmentThe International Day of Families was officially declared by the United Nations in 1994, following a series of resolutions aimed at supporting the social and economic well-being of families worldwide.

 

OTHER UPDATES:

DEFENCE

 

1. Bhargavastra: The Bhargavastra is a revolutionary counter-drone system developed by Solar Defence and Aerospace Limited (SDAL). It addresses the growing threat posed by drone swarms. The system underwent successful testing at the Seaward Firing Range in Gopalpur, Odisha, showcasing its capabilities to detect and neutralise small aerial threats. This development is crucial for national security, particularly in the context of modern warfare. Bhargavastra is designed to counter drone threats effectively. It can detect drones from a distance of over 6 km. The system employs guided micro munitions to neutralise targets. It can launch more than 64 micro missiles simultaneously, making it a formidable defence mechanism.

 

2. Integrated Air Command and Control System (IACCS): India’s military has recently showcased its Integrated Air Command and Control System (IACCS). This system plays important role in enhancing the nation’s air defence capabilities. During a recent conflict, IACCS demonstrated its ability to provide real-time data from various air defence assets. This capability is essential for neutralising aerial threats, particularly from neighbouring countries. The IACCS is an automated command and control system developed by Bharat Electronics Limited. It integrates data from multiple sources. These include ground-based radars, airborne sensors, and communication nodes. This integration allows military commanders to maintain situational awareness during air operations. Commanders can make timely decisions regarding threat identification and response.

 

3. India’s New Counter-Terrorism Doctrine: India’s counter-terrorism strategy has evolved in recent years. Prime Minister Narendra Modi has introduced a new doctrine that focuses on a robust response to terrorism. This approach has set a new benchmark for India’s military and strategic operations against terrorism, particularly concerning Pakistan. The new doctrine rests on three crucial elements – a response dictated by India, zero tolerance for terrorism masked by nuclear threats, and no distinction between terrorists and their state sponsors. The Indian government has made it clear that India will respond decisively to any terrorist activities, challenging the notion of nuclear blackmail used by Pakistan.

 

SPORTS 

 

1. BillDesk’s M N Srinivasu appointed IAMAI chairperson: BillDesk co-founder M.N. Srinivasu was appointed chairperson of the Internet and Mobile Association of India (IAMAI), succeeding Dream Sports CEO Harsh Jain.Razorpay CEO Harshil Mathur was elected vice-chairperson, and PhonePe founder Sameer Nigam took over as treasurer, replacing previous office bearers from MakeMyTrip and Times Internet.The new 24-member IAMAI governing council will serve a two-year term until 2027, reflecting the increasing influence of the fintech sector in India’s digital industry.

 

SCIENCE AND TECHNOLOGY

 

1. Maharashtra Makes Use of Artificial Sand Mandatory in Government Construction Projects: The Maharashtra government has approved a new policy mandating the use of artificial sand (m-sand) in all government and semi-government construction projects to reduce dependency on river sand and promote environmental sustainability.To encourage production, the state will lease government land for crusher installation, allow up to 1,500 crushers across districts, and offer MSME status with subsidies and concessions to involved companies.Artificial sand will help curb illegal sand mining, maintain construction quality, and reduce costs, with royalty prices lowered to ₹200 per brass compared to ₹600 for natural sand.

 

BANKING AND FINANCE

 

1. Public Sector Banks’ Profit Hits Record ₹1.78 Lakh Crore in FY25: The combined net profit of all 12 public sector banks (PSBs) rose to a record ₹78 lakh crore in FY25, marking a 26% increase from ₹1.41 lakh crore in FY24 — an absolute jump of ₹37,100 crore.State Bank of India (SBI) contributed over 40% of the total PSB profits, clocking a net profit of ₹70,901 crore, up 16% from the previous fiscal year.Punjab National Bank posted the highest net profit growth of 102%, reaching ₹16,630 crore, followed by Punjab & Sind Bank with a 71% jump to ₹1,016 crore.

All 12 PSBs reported profit growth in FY25. Notable performers include Central Bank of India (48.4%), UCO Bank (47.8%), and Bank of India (45.9%).This marks a remarkable turnaround from the record losses of ₹85,390 crore in FY18 to a historic profit in FY25, showcasing the sector’s revival.The success is attributed to the Modi government’s 4R strategy (Recognition, Resolution, Recapitalisation, Reforms), recapitalisation of ₹1 lakh crore, improved governance, bank mergers, and enhanced credit discipline and technology adoption.

 

2. PayU Receives Final RBI Authorization as Online Payment Aggregator Ahead of IPO in 2025: PayU has received final authorisation from the Reserve Bank of India (RBI) to operate as an online Payment Aggregator, allowing the company to resume onboarding new merchants after a 15-month embargo and marking a key milestone as it prepares for its initial public offering (IPO) in the second half of 2025.PayU’s journey towards obtaining the final license began with in-principle approval in April 2024, followed by efforts to align operations with RBI’s stringent compliance standards.

 

3. LIC Launches Premium Payment via WhatsApp Bot for Enhanced Customer Convenience: LIC introduced premium payment via WhatsApp bot providing a convenient new option for customers to pay their policy premiums online.Registered users of LIC’s customer portal can send ‘HI’ to 8976862090 on WhatsApp to access services like viewing due policies and making payments through UPI, Net Banking, or Cards—all within the chat.This service will boost customer convenience, allowing anytime-anywhere payments, improving operational efficiency and customer satisfaction.LIC’s customer portal has over 2.2 crore registered users, with 3 lakh+ daily logins, showing strong adoption of digital services that this WhatsApp facility aims to build on

 

4. Bandhan Bank Names DK Das as Senior EVP to Drive Digital Transformation Under Bandhan 2.0: Bandhan Bank has appointed Dibyendu Kumar Das (DK Das) as Senior Executive Vice President and Head of the Digital Transformation and Excellence Unit, reinforcing its commitment to digital innovation and operational excellence.With over 30 years of experience in banking and IT, Das has held key leadership roles at Axis Bank, TCS, Siemens Nixdorf, and Tata Elxsi, renowned for his expertise in digital convergence and business scaling.

 

Daily GK Update- 14th May, 2025

 NATIONAL UPDATES:

 

1. September 23 Declared as New Ayurveda Day to Align with Global Consistency and Ayurvedic Philosophy: The Government of India has officially designated 23rd September as Ayurveda Day from 2025 onwards, replacing the previously variable date of Dhanteras to ensure consistency and enhance global visibility.This change was announced through a Gazette Notification dated 23rd March 2025, following the recommendation of an expert committee formed by the Ministry of AYUSH.September 23 coincides with the autumnal equinox, symbolizing natural balance—reflecting Ayurveda’s core principle of harmony between mind, body, and spirit.The Ministry of AYUSH encourages individuals, professionals, and global partners to actively celebrate Ayurveda Day on this fixed date, aiming to strengthen its position in global health discourse.

 

2. Ashwini Vaishnaw Inaugurates First 3nm Chip Design Centres: Union Minister Ashwini Vaishnaw has inaugurated India’s first 3nm chip design centres in Noida and Bengaluru, established by Renesas Electronics India, signaling India’s entry into the elite group of nations at the forefront of advanced chip technology.The centres are part of the government’s strategy to build a comprehensive semiconductor ecosystem, covering design, fabrication, ATMP, and supply chain components, alongside nurturing a skilled talent pool for the industry.Vaishnaw also launched a semiconductor learning kit to boost practical hardware skills among engineering students, complementing access to EDA tools provided under the India Semiconductor Mission to over 270 academic institutions.

 

3. MP, Maharashtra ink MoU for Tapti Basin Mega Recharge Project: Madhya Pradesh and Maharashtra signed a Memorandum of Understanding (MoU) to implement the Tapti Basin Mega Recharge Project, aiming to address regional water needs in both States.The project will divert water from the Tapti River (originating in Betul, Madhya Pradesh) to meet drinking water requirements for northeastern Maharashtra and provide irrigation support to southern and southeastern districts of Madhya Pradesh.The project is expected to benefit 5.78 lakh acres of land and provide permanent irrigation for over 3 lakh hectares across both states, with a total water allocation of 31.13 TMC—11.76 TMC for Madhya Pradesh and 19.36 TMC for Maharashtra.

The estimated project cost is ₹19,244 crores, with 90% funding expected from the Union government. The initiative has been described as the “world’s largest recharge scheme” by Maharashtra Deputy CM Devendra Fadnavis.

 

4. MP approves Rs. 47 crore plans to tackle human-elephant conflict: Madhya Pradesh state cabinet approved a 47 crore initiative to address human-elephant conflict in southern regions, focusing on protecting rural communities and wildlife in areas like Bandhavgarh and Sanjay Dubri Tiger Reserves.Local farmers and rural populations will receive training to safely manage elephant encounters, using chili-based barriers, citrus plantations, bee-hive fences, and trip alarms to deter elephants from farmlands and settlements.The Forest Department will employ AI and satellite-based tracking, radio bulletins, WhatsApp alerts, and a 24×7 control room to monitor elephant movements and provide real-time warnings to at-risk communities.

 

5. Justice B.R. Gavai Sworn In as 52nd Chief Justice of India: Justice Bhushan Ramkrishna Gavai takes oath as the 52nd Chief Justice of India at Rashtrapati Bhavan, succeeding Justice Sanjiv Khanna.Born on 24th November 1960 in Amravati, Justice Gavai began his legal career in 1985 and became a permanent Judge of the Bombay High Court in 2005.He was elevated to the Supreme Court in May 2019, and over six years, served on around 700 Benches, handling cases related to constitutional, civil, criminal, and commercial laws.Justice Gavai is the second Chief Justice of India from the Scheduled Caste community, following Justice K G Balakrishnan, and his tenure will conclude in November 2025.

 

INTERNATIONAL UPDATES:

 

1. CCI approves the proposed acquisition of shareholding in EPL Limited by Indorama Netherlands B.V.: The Competition Commission of India has approved the proposed acquisition of shareholding in EPL Limited by Indorama Netherlands B.V.The proposed combination envisages the purchase of 24.9% equity share capital of EPL Limited by Indorama Netherlands B.V.Indorama Netherlands B.V. is a limited liability company established in the Netherlands. It is an indirect subsidiary of Indorama Ventures Public Company Limited.EPL Limited is engaged in the business of manufacturing and sale of packaging products, including laminated and extruded plastic tubes

 

2. World’s first commercial-scale e-methanol plant opens in Denmark: The world’s first commercial-scale e-methanol plant has started operations in Kasso, Denmark, producing 42,000 metric tons annually using renewable energy and captured CO₂.Shipping giant Maersk, which operates 13 dual-fuel container vessels and has ordered 13 more, will use the plant’s low-emission e-methanol to power its ships, reducing carbon output.Despite high current costs, producers expect e-methanol to match fossil methanol prices by 2035, advancing the shipping industry’s transition toward zero-emission fuels.

 

3. 12 -18 May – UN Global Road Safety Week 2025: UN Global Road Safety Week 2025 is being observed from May 12 to 18 to raise awareness about road safety and promote efforts to reduce road traffic accidents globally.Theme 205 – Rethink Mobility: Make Walking and Cycling SafeDuring the week, various activities and campaigns are organised by governments, organisations, and civil society groups to promote safe road behavior and advocate for road safety policies.The goal of the initiative is to reduce the number of fatalities and injuries caused by road accidents, with a particular focus on achieving the global target of reducing road traffic deaths and injuries by 50% by 2030.

 

4. Afrikaners: A group of Afrikaners arrived in the United States as refugees. This move was facilitated by the Trump administration, which expedited their applications for citizenship. The Afrikaners, who are white South Africans, travelled from Johannesburg on a government-sponsored charter flight. Their arrival has sparked debate regarding their refugee status and the broader implications for US-South Africa relations. Afrikaners are descendants of Dutch settlers in South Africa, dating back to the 17th century. They primarily speak Afrikaans, a language derived from Dutch. Comprising about 7% of South Africa’s population, Afrikaners hold a disproportionate amount of land ownership, approximately 70%. Most Afrikaners are engaged in agriculture.

 

5. India’s Financial Support to the Maldives: A Treasury Bill (T-bill) “rollover” means using the amount received from a maturing T-bill to purchase a new one, thereby continuing the investment for another term. This decision came at the request of the Maldivian government, amid rising economic challenges. Both India and China are the Maldives’ primary creditors, competing for influence in this strategically important Indian Ocean nation. The Maldives faces substantial debt, with public debt exceeding 134% of its GDP. India’s State Bank has rolled over its subscription to a Treasury Bill for another year. This financial support is part of a government-to-government arrangement aimed at providing emergency assistance.

 

OTHER UPDATES:

DEFENCE

 

1. Delhi Police Launches ‘Nayi Disha’ Initiative to Help School Dropouts Rejoin Education: Delhi Police has launched “Nayi Disha”, a community outreach program to help school dropouts—especially children and teenagers—return to formal education or join skill-based training programs.Local police stations, in collaboration with NGOs and education departments, will identify out-of-school youth and connect them with nearby schools, open schooling options like NIOS, or suitable vocational courses.The initiative offers counselling, educational support, and skill training such as basic computer skills, spoken English, and job-oriented programs to ensure youth are either educated or employment-ready.

 

2. Former Defence Secretary Ajay Kumar Appointed UPSC Chairman: Former defence secretary Ajay Kumar has been appointed as the new chairman of the Union Public Service Commission (UPSC), following the completion of Preeti Sudan’s tenure on April 29, 2025.Ajay Kumar, a retired 1985-batch IAS officer of the Kerala cadre, served as the defence secretary from August 23, 2019, to October 31, 2022.The UPSC — which conducts civil services examinations to select officers for the IAS, Indian Foreign Service (IFS) and the Indian Police Service (IPS), among others — is headed by a chairman and can have a maximum of 10 members.A UPSC chairman is appointed for a term of six years or until attaining 65 years of age.

 

3. India’s New Counter-Terrorism Doctrine: India’s counter-terrorism strategy has evolved in recent years. Prime Minister Narendra Modi has introduced a new doctrine that focuses on a robust response to terrorism. This approach has set a new benchmark for India’s military and strategic operations against terrorism, particularly concerning Pakistan. The new doctrine rests on three crucial elements – a response dictated by India, zero tolerance for terrorism masked by nuclear threats, and no distinction between terrorists and their state sponsors. The Indian government has made it clear that India will respond decisively to any terrorist activities, challenging the notion of nuclear blackmail used by Pakistan.

 

4. Regulating Autonomous Weapons Systems: Autonomous weapons systems can select and engage targets without human intervention. They use algorithms and sensor data to make life-and-death decisions. This technology has advanced rapidly, leading to concerns about accountability and ethical implications. Countries like Russia and Israel have already deployed these systems in active conflict zones. Since 2014, nations have been meeting under the Convention on Conventional Weapons (CCW) to discuss potential regulations. However, progress has been slow. UN Secretary-General Antonio Guterres has set a 2026 deadline for establishing clear rules. Many countries support a binding global framework while others prefer national guidelines.

 

SCIENCE AND TECHNOLOGY

 

1. Weather Balloons: Recent developments in meteorological practices have emerged due to budget cuts affecting the National Oceanic and Atmospheric Administration (NOAA). The Trump administration’s decision to reduce NOAA’s budget by 25% has led to decrease in weather balloon launches across the United States. In response, a Silicon Valley startup plans to replace traditional weather balloons with AI-powered alternatives. This shift is poised to alter how upper air observations are conducted, impacting weather forecasting globally. The tradition of upper air observations dates back to the 18th century. In 1749, students in Glasgow first used kites to measure high-altitude temperatures. This method evolved, with meteorologists employing kites to carry instruments for measuring atmospheric conditions. The invention of hot air balloons in the 1780s allowed scientists to ascend to greater heights for data collection, although early manned flights were perilous.

 

BANKING AND FINANCE

 

1. Retail inflation drops to 3.16% in April 2025: According to data released by the Ministry of Statistics and Programme Implementation (MoSPI), the Consumer Price Index (CPI)-based inflation stood at 3.16% in April, down from 3.34% in March 2025 and significantly lower than 4.83% recorded in April 2024.This decline of 18 basis points from March makes April’s inflation the lowest year-on-year reading since July 2019.The Consumer Food Price Index (CFPI)-based food inflation fell to 1.78% in April from 2.69% in March. This is the lowest food inflation since October 2021. The food price easing is largely attributed to lower inflation in vegetables, pulses, fruits, cereals, meat and fish, and personal care items.

 

2. Global Shipping Emissions Levy: The maritime industry is undergoing changes to address climate change. The International Maritime Organization’s Marine Environment Protection Committee recently voted on a new emissions levy. This decision marks a very important moment in global shipping regulations. The proposed Market-Based Measure (MBM) aims to balance environmental needs with economic fairness. The MEPC-83 voted 63 to 16 in favour of Singapore’s hybrid model as the Net Zero Framework. This makes international shipping the first global industry to adopt a mandatory emissions levy. However, the decision is not final. It requires amending Annex VI of the MARPOL convention, which will undergo a six-month review. A two-thirds majority is needed for final adoption. Currently, the outcome remains uncertain due to abstentions and potential objections from member states.