🗞 Daily GK One Liners: April 1, 2025
Your quick summary of the day's important events across National, International, Economy, Defence, Sports, Banking, Awards, Science, and More.
🇮🇳 National News
- Jharkhand Celebrates Sarhul Festival: Tribal communities celebrate spring, symbolizing nature’s union and honoring tribal culture.
- Amit Shah Unveils Maharaja Agrasen’s Statue in Hisar: Also inaugurates ICU and PG hostel, spotlighting Haryana’s development strides.
- ₹800 Crore Projects Launched in Bihar: Cooperative Day celebrations marked by new welfare and infrastructure schemes.
🏦 Banking News
- RBI Celebrates 90 Years: Established in 1935, the RBI marks its pivotal role in India’s financial reforms and digital growth.
💼 Business News
- UPI Hits Record High in March 2025: ₹24.77 trillion transacted, 14% jump in volume, showing UPI’s digital dominance.
- Renault Takes Full Control of India Operations: Buys Nissan’s stake in RNAIPL after announcing $600M investment in 2023.
📉 Economy News
- India to be Fastest-Growing G20 Economy – Moody’s: 6.5% FY26 growth projected due to domestic demand, tax reform, and stable inflation.
🏆 Awards News
- MyNaa Swamy Wins Ugadi Award: Honored with ‘Kalaratna’ and ‘Hamsa’ medals for contributions to archaeology and history.
👔 Appointments News
- Ambuj Chandna Joins DBS Bank India: Appointed MD & Head of Consumer Banking after serving at Kotak.
📚 Books & Authors
- ‘The Great Conciliator’ Launched: Biography of Lal Bahadur Shastri by Sanjeev Chopra highlights national unity and “Jai Jawan, Jai Kisan.”
🛡 Defence News
- India–US ‘Tiger Triumph 2025’ Begins: Joint HADR drill in Visakhapatnam and off Kakinada to boost disaster response readiness.
🚀 Science & Technology News
- SpaceX Fram2 Mission Makes History: First polar orbit with all-civilian crew conducts 22 experiments, including zero-gravity mushroom growth.
🎾 Sports News
- Aryna Sabalenka Wins Miami Open 2025: Defeats Jessica Pegula for her 19th WTA title.
📅 Important Days
- Utkal Dibasa Celebrated in Odisha: Honors Odisha’s 1936 formation as India’s first linguistic state.
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📚 Daily Current Affairs April 1, 2025 – Read the complete coverage.
💸 Quick Summary: India Launches 24/7 USD Payments via GIFT City
🌟 Key Highlights
- Round-the-Clock USD Payments: Enabled by Axis Bank and J.P. Morgan through GIFT City, eliminating banking-hour delays.
- Blockchain-Powered via Kinexys: Utilizes J.P. Morgan’s blockchain platform for secure, transparent cross-border settlements.
- GIFT City Integration: Supports global liquidity, trade efficiency, and India’s international finance ambitions.
- Exporters Benefit: Faster settlements aid Gulf-region traders, lowering transaction costs and improving access to USD liquidity.
- Step Toward Financial Globalization: Supports India’s role as a fintech leader and global trade facilitator.
📖 Why Read the Full Article?
- Cross-Border Payment Revolution: Learn how India is redefining real-time global finance.
- Blockchain in Banking: See Kinexys in action powering programmable, traceable settlements.
- GIFT City’s Fintech Rise: Understand how GIFT City is central to India's global finance ambitions.
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🏛️ Quick Summary: RBI at 90 – Celebrating a Legacy of Financial Leadership
🌟 Key Highlights
- Founded in 1935, Nationalized in 1949: From a colonial institution to a cornerstone of independent India’s economy.
- Pillar of Economic Milestones: Played central roles in banking expansion, 1991 reforms, COVID-19 response, and digital finance evolution.
- Core Mandates: Monetary policy, inflation control, bank regulation, forex oversight, financial inclusion, and currency stability.
- Fintech & Digital Innovation: Launched UPI, piloted CBDC, and enabled fintech regulation with AI-driven surveillance.
- Green Finance & Global Leadership: Focuses on ESG frameworks and India's representation in G20, IMF, and BIS.
📖 Why Read the Full Article?
- 90 Years of Economic Transformation: Explore the RBI’s evolution across India’s economic eras.
- Modern-Day Relevance: Learn how the RBI manages innovation, regulation, and stability in 2025.
- Legacy & Vision: Celebrate a century of impact and the RBI’s roadmap for India’s financial future.
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