๐ Daily GK One Liners: May 5, 2025
Your quick summary of the day's important events across National, International, Business, Rankings & Indexes, and Important Days.
๐ฎ๐ณ National News
- ITBP Successfully Summits Mt. Makalu (8,485 m): Part of a twin-peak expedition showcasing high-altitude readiness and environmental commitment:contentReference[oaicite:0]{index=0}:contentReference[oaicite:1]{index=1}.
- India Achieves Major ITER Milestone: Final Tokamak Central Solenoid module completed, crucial for generating 150 million ยฐC plasma:contentReference[oaicite:2]{index=2}:contentReference[oaicite:3]{index=3}.
- Angola Joins International Solar Alliance as 123rd Member: India signs MoUs on Ayurveda, culture, and agriculture; extends $200M Line of Credit:contentReference[oaicite:4]{index=4}:contentReference[oaicite:5]{index=5}.
๐ International News
- Australian PM Anthony Albanese Re-elected: Secures second term, first back-to-back win for an Aussie leader in 20+ years:contentReference[oaicite:6]{index=6}:contentReference[oaicite:7]{index=7}.
๐ผ Business News
- Goldsikka Launches Indiaโs First AI-Powered Gold-Melting ATM: Offers buy/sell/melt/exchange with AR previews, Aadhaar verification & real-time valuation:contentReference[oaicite:8]{index=8}:contentReference[oaicite:9]{index=9}.
๐ Rankings & Index News
- IIM Bangalore Tops Indian B-Schools in QS EMBA Rankings 2025: Ranks 50 globally, down from 41 last year, among 233 programs:contentReference[oaicite:10]{index=10}:contentReference[oaicite:11]{index=11}.
- S&P Cuts Indiaโs FY26 GDP Forecast to 6.3%: Down from 6.5%, citing tariff tensions; FY27 revised up to 6.5%:contentReference[oaicite:12]{index=12}:contentReference[oaicite:13]{index=13}.
๐ Important Days
- World Laughter Day 2025 โ May 5: Celebrates Dr. Madan Katariaโs Laughter Yoga movement promoting happiness & health:contentReference[oaicite:14]{index=14}:contentReference[oaicite:15]{index=15}.
๐ Explore More & Test Your Knowledge
๐ Take the Daily GK Quiz โ May 5, 2025
๐ Daily Current Affairs May 5, 2025 โ Dive deeper into todayโs updates.
๐ Quick Summary: Indiaโs First AI-Powered Gold-Melting ATM โ Fintech Revolution in Gold Trade
๐ Key Highlights
- Launched by Hyderabad-based Goldsikka Pvt. Ltd.: AI-powered ATM offers seamless gold transactions:contentReference[oaicite:16]{index=16}:contentReference[oaicite:17]{index=17}.
- Multi-Functional Capabilities:
- โ Buy/Sell Gold in various denominations
- โ AI-enabled gold melting and purity testing
- โ Live pricing with instant valuation
- โ 30-minute direct bank credit
- โ AR jewellery preview for virtual try-ons
- โ Aadhaar-based verification with AI security
- Target Footprint: Over 200 ATMs planned across India and global markets:contentReference[oaicite:18]{index=18}:contentReference[oaicite:19]{index=19}.
๐ Why Read the Full Article?
- Fintech Meets Jewellery: Discover how tech is reshaping gold trade accessibility and transparency.
- Security & Speed: Learn about zero-human AI-based systems ensuring safe transactions.
- Democratizing Gold Monetization: Explore how rural and urban areas gain cashless access to gold liquidity.
๐ Explore More
๐ Read Full Article
๐๏ธ Quick Summary: Warren Buffett Retires โ Greg Abel to Lead Berkshire Hathaway
๐ Key Highlights
- Buffett Steps Down After 60-Year Legacy: Officially retiring as CEO by Dec 31, 2025, remains as Board Chairman:contentReference[oaicite:20]{index=20}:contentReference[oaicite:21]{index=21}.
- Greg Abel Appointed New CEO:
- โ Vice Chair for Non-Insurance Ops
- โ Known for running BNSF Railway & Berkshire Hathaway Energy
- โ Takes over January 1, 2026
- Historic Milestones:
- โ๏ธ $1.2 trillion conglomerate transformation
- โ๏ธ $347.7B in cash reserves
- โ๏ธ Holdings in Apple, AmEx, Coca-Cola, BoA
- Market Reaction: Stock rose 1.7% intraday; 19% YTD growth:contentReference[oaicite:22]{index=22}:contentReference[oaicite:23]{index=23}.
๐ Why Read the Full Article?
- Leadership Legacy: Understand Buffettโs philosophy and impact.
- Investor Confidence: What this transition means for global markets.
- Future Outlook: How Abel may reshape acquisitions and strategy.
๐ Explore More
๐ Read Full Article