đź—ž Daily GK One Liners: March 30, 2025
Your quick summary of the day's important events across National, Business, Economy, Appointments, Defence, Rankings, Important Days, and Obituaries.
🇮🇳 National News
- Union Cabinet Approves 2% Hike in Dearness Allowance and Dearness Relief: Effective from January 1, 2025, the hike benefits over 1.15 crore central government employees and pensioners.
- National Cooperative University Initiative: Proposal to establish a university under the Multi-State Cooperative Societies Bill, 2023, offering programs in cooperative management and governance.
- CDS Gen Anil Chauhan Launches Techkriti 2025 at IIT Kanpur: Asia’s largest tech fest focused on AI, cybersecurity, quantum computing, and cognitive warfare; boosts Atmanirbhar Bharat vision.
đź’Ľ Business & Economy News
- Core Sector Growth Falls to 2.9% in February 2025: Lowest growth in five months due to decline in five of eight core sectors.
- India’s Current Account Deficit Widens to $11.5 Billion in Q3 FY25: Primarily due to a wider merchandise trade deficit, though improved from $16.7 billion in Q2 FY25.
đź‘” Appointment News
- Steve Waugh Joins Centre for Australia-India Relations Advisory Board: Recognized for his efforts in strengthening bilateral relations.
- Rajneet Kohli Appointed Executive Director at HUL: Former Britannia CEO to lead Hindustan Unilever’s Foods & Refreshment Division from April 7, 2025.
🛡 Defence News
- India and Russia to Conduct 14th INDRA Naval Exercise: Joint naval drills from March 28 to April 2, 2025, off the Chennai coast to enhance operational coordination.
đź“Š Ranking & Index News
- India Ranks Third in Hurun Global Rich List 2025: With 284 billionaires, India ranks after China and the USA. Shanghai overtakes Mumbai as Asia’s billionaire capital.
đź“… Important Days
- International Day of Zero Waste 2025 – March 30: Theme: “Towards Zero Waste in Fashion and Textiles,” promoting sustainable consumption and circular economy practices.
🕊️ Obituary News
- Actor Richard Chamberlain Passes Away at 90: The Hollywood icon, known for 'Dr. Kildare', died of stroke-related complications on March 30, 2024.
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🚀 Quick Summary: Techkriti 2025 & India’s Defence Tech Revolution
🌟 Key Highlights
- Theme “Panta Rhei”: Emphasized the need for continuous innovation in science and defence to match rapidly evolving global threats.
- CDS General Anil Chauhan’s Vision: Stressed the importance of AI, quantum computing, and cognitive warfare in modernizing India’s armed forces.
- Rakshakriti Expo Showcases: Included Indian-made AI drones, autonomous vehicles, and quantum-encrypted communication tools from startups and defence PSUs.
- IIT Kanpur’s Military-Academia Role: Unveiled prototypes of surveillance drones, cryptographic devices, and cybersecurity tools tailored for defence applications.
- Youth as Tech Warriors: Students encouraged to engage in AI ethics, cybersecurity, and innovation as national service.
- Public–Private Defence Collaboration: Defence PSUs, private sector firms, and institutions discussed scaling up next-gen military solutions through innovation networks.
đź“– Why Read the Full Article?
- India’s Defence Future: Understand how emerging technologies are transforming military readiness and national security.
- Empowering Students & Researchers: Learn how youth are central to India’s defence innovation journey.
- Strategic Global Ambitions: See how India is becoming a global hub for next-generation defence technologies.
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💹 Quick Summary: Japan’s 2026 Crypto Law – A Global Game-Changer
🌟 Key Highlights
- Crypto Becomes Financial Product: Bitcoin, Ethereum, and other assets officially classified as financial instruments.
- Insider Trading Rules Applied: Crypto insiders now subject to the same ethical standards as stock traders.
- Compliance Upgraded: Stricter AML/KYC, internal audit systems, and disclosure mandates for crypto exchanges.
- Investor Protection Enhanced: Retail and institutional investors to benefit from ETF access and robust oversight.
- Business Impact: Legal recognition offers legitimacy, but raises compliance costs for exchanges and Web3 startups.
- Global Influence: Japan's model could influence South Korea, Singapore, EU, and shape worldwide crypto regulation.
đź“– Why Read the Full Article?
- Legal Insight: Understand how crypto is being legitimized through legal frameworks.
- Investor Impact: Learn how global investors will be affected by Japan’s forward-looking policies.
- Global Crypto Future: Explore how this could influence regulatory trends across Asia and beyond.
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