🗞 Daily GK One Liners: April 5, 2025
Your quick summary of the day's important events across National, International, Business, Appointments, Awards, Rankings, Obituaries, and Important Days.
🇮🇳 National News
- PM Modi Attends 6th BIMSTEC Summit in Thailand: Focused on boosting trade, transport, and economic ties; Sri Lanka visit follows.
- SSA Funds Withheld from Kerala, Tamil Nadu & West Bengal: Centre delays Samagra Shiksha Abhiyan funds despite approvals for FY 2024–25.
- Chapata Chilli from Warangal Gets GI Tag: Telangana’s famous bright red chilli with mild pungency gains official recognition.
- India Pushes for Climate Finance at BRICS Meet: India seeks stronger funding commitments towards 2030 Agenda & SDGs; urges $1.3 trillion mobilization.
- West Bengal Bags GI Tags for Seven Traditional Items: Products include Nolen Gur Sandesh, Murshidabad Chhanabora, and Radhunipagal Rice among others.
🌍 International News
- PM Modi Conferred Sri Lanka’s Highest Civilian Honour: Awarded the “Mithra Vibhushana” for enhancing India-Sri Lanka bilateral ties.
🏦 Banking News
- SBI and Citi Launch $295 Million Social Loan for Farmers: Targets smallholder farmers to improve agri-productivity and access to finance.
👨🚀 Appointments News
- Shubhanshu Shukla to be First ISRO Astronaut on ISS: Selected for NASA-Axiom’s Ax-4 Mission; launch set for Spring 2025.
💼 Business News
- UltraTech Cement to Acquire Wonder WallCare: ₹235 crore deal to boost presence in white cement and wall putty segment.
- HIL Ltd Rebrands as BirlaNu Limited: Reflects company’s innovation-driven, sustainable approach in building materials.
📊 Ranking & Index News
- India Rises to 36th in Global Tech Readiness Index 2025: Marked jump from 48th in 2022; UNCTAD report highlights tech infrastructure gains.
- Mumbai Ranks Lowest in India for Fixed Broadband Speed: Ranks 123rd globally at 58.24 Mbps; Delhi leads Indian cities with 91.11 Mbps.
🕊️ Obituary News
- Veteran Actor Manoj Kumar Passes Away at 87: Known for patriotic films like Purab Aur Paschim; recipient of Padma Shri & Dadasaheb Phalke Award.
📅 Important Days
- National Maritime Day 2025 – April 5: Theme: “Our Ocean, Our Obligation, Our Opportunity.”
- Samata Diwas 2025: Observed to honor Babu Jagjivan Ram’s birth anniversary and legacy in social justice.
📖 Explore More & Test Your Knowledge
For a detailed explanation of all the news highlights for April 5, 2025, check out the full post and quiz below:
👉 Take the Daily GK Quiz – April 5, 2025
📚 Daily Current Affairs April 5, 2025 – Stay updated and informed.
🔍 Quick Summary: Trump’s Liberation Day Tariffs & India’s Global Trade Edge
🌟 Key Highlights
- Trump’s Tariff Shockwave: On April 5, 2025, Donald Trump unveiled “Liberation Day” tariffs—10% base duty on all imports, with steep hikes up to 54% on select countries like China, Vietnam, and Thailand.
- Targeted Sectors: Automobiles, metals, chemicals, jewelry, and low-cost manufacturing were hit hardest. Exemptions included pharma, semiconductors, and energy.
- Global Economic Disruption: Markets plunged, supply chains were destabilized, and global inflation fears surged.
- India’s Advantage: Pharma, seafood, and rice exports spared from tariffs, while India's telecom and textiles face lower tariffs than rivals.
- Export Dependency Cushion: India’s exports to the U.S. form only 2.2% of its GDP—far less than Vietnam’s 25.1%—giving it resilience in the trade shock.
- Strategic Response: India boosts “Make in India,” deepens ties via “Mission 500” with the U.S., and explores new bilateral trade pacts.
- Regional Comparison: India is far less vulnerable than other Asian exporters like Vietnam, Thailand, or Taiwan due to its diversified export portfolio.
- U.S. Internal Risks: While aiming to revive domestic manufacturing, the U.S. faces backlash over higher prices, disrupted supplies, and global retaliation.
📖 Why Read the Full Article?
- Understand Global Trade Realignment: Learn how Trump’s 2025 tariff reset is redrawing global economic alliances and trade priorities.
- See Why India Stands Out: Discover how India’s export structure and strategic diplomacy position it to benefit amidst a global trade war.
- Track Real-World Impact: From market crashes to geopolitical shifts, this article decodes the tangible effects of a U.S.-led tariff regime.
🔗 Explore More
📜 Quick Summary: Waqf Bill 2025 and the Controversy Over Section 40
🌟 Key Highlights
- Section 40’s Role: It empowered Waqf Boards to declare properties as Waqf after inquiry, safeguarding religious assets from misuse or illegal control.
- Proposed Removal: The 2025 Amendment Bill seeks to scrap Section 40, shifting powers to bureaucrats and possibly weakening Board autonomy.
- Government Justification: Officials claim the change promotes administrative efficiency, transparency, and reduces legal ambiguity.
- Major Concerns Raised: Critics fear increased political interference, erosion of institutional independence, and threats to community welfare services.
- Impact on Dispute Resolution: Without Section 40, property conflicts may become slower and more litigious, with reduced Waqf Board involvement.
- Legal and Political Fallout: The move could trigger constitutional challenges and become a key issue in minority rights and governance debates.
📖 Why Read the Full Article?
- Understand the Core Dispute: Learn how the Waqf Board’s powers are changing and why this matters for community asset protection.
- Explore Legal & Political Ramifications: The article breaks down how this amendment could reshape governance, legal processes, and religious rights.
- Stay Informed on Minority Affairs: The article offers insights into the balance between institutional reform and safeguarding minority autonomy.
🔗 Explore More
