Environment
Ladakh’s Snow Leopard Population β World Record Density
Ladakh hosts 477 snow leopards (~68% of India’s total of 709) across 47,572 sq km (WII + NTCA + DWP study, published in PLOS ONE). Hemis National Park recorded the world’s highest snow leopard density: 2.07 individuals per 100 sq km β surpassing Tibet. Ladakh LG: Brigadier (Dr.) B.D. Mishra; Capital: Leh.
Business & Economy
SMBCβYES Bank Deal β Largest Cross-Border Banking Investment in India
SMBC (Sumitomo Mitsui Banking Corporation, Tokyo) β subsidiary of Japan’s 2nd largest banking group SMFG β acquires 20% stake in YES Bank for βΉ13,483 crore β India’s largest cross-border banking investment. SBI divests 13.19% (βΉ8,889 cr); 7 private banks divest 6.81% (βΉ4,594 cr). Subject to RBI + CCI approvals. YES Bank MD & CEO: Prashant Kumar; Est: 2004.
Defence
Operation Sindoor & Operation Bunyan al-Marsus β May 2025
Operation Sindoor (India, 7 May 2025): India struck Pakistan’s Nur Khan, Murid, and Rafiqui air bases. Operation Bunyan al-Marsus (Pakistan, 10 May 2025 β Arabic: ‘wall of molten lead’): Pakistan fired Fatah-II hypersonic ballistic missile (range: 450 km, CEP <10 m) at Delhi β intercepted in Sirsa, Haryana. Full ceasefire agreed: 10 May 2025.
Business & Economy
Porter β India’s 3rd Unicorn of 2025
Porter (Bengaluru), founded in 2014 by IIT graduates Pranav Goel, Uttam Digga (CEO), and Vikas Choudhary, became India’s 3rd unicorn of 2025 (after Netradyne and Juspay) with a valuation of USD 1.1β1.2 billion. Raised USD 200 million (Series F) led by Kedaara Capital + Wellington Management. Operates in 22 cities, serves 30 lakh+ customers and 3 lakh gig workers monthly.
Governance
RGI SRS 2021 β CDR 7.5, Deadliest Covid Year
RGI’s SRS Statistical Report 2021 (under MHA): Crude Death Rate (CDR) = 7.5 per 1,000 in 2021 β deadliest Covid year. CRS showed ~2 million additional deaths. MCCD 2021: 4,13,580 Covid deaths in 2021 and 1,60,618 in 2020. Life expectancy at birth (2017β2021): 69.8 years β a decline from 2016β2020.
Sports
FIFA Women’s World Cup 2027 β Brazil, 32 Teams
Brazil selected as host of the FIFA Women’s World Cup 2027 at the 74th FIFA Congress, Bangkok. Beat Belgium/Netherlands/Germany joint bid (119 vs 78 votes). Expanded to 32 teams; dates: 24 June β 25 July 2027. Brazil is the first South American host of the FIFA Women’s World Cup. Venues include MaracanΓ£, MineirΓ£o, and Itaquera Arena.
Monetary Policy
FIMMDA β Incorporated 1998, Now RBI-Recognised SRO
FIMMDA (Fixed Income Money Market and Derivatives Association) incorporated in 1998 as a voluntary market body. Members: commercial banks, PFIs, primary dealers, insurers. RBI’s SRO recognition framework (August 2024) requires not-for-profit status, minimum βΉ10 crore net worth, and no single entity holding >10% of paid-up capital. Recognition grants FIMMDA enhanced regulatory authority over member conduct.
International
Bhutan β World’s First National Crypto Tourism Payment System
Bhutan launched the world’s first national cryptocurrency tourism payment system (Binance Pay + DK Bank of Bhutan). QR-code based; supports 100+ cryptocurrencies (BTC, BNB, USDC, etc.); auto-converts to Bhutanese Ngultrum (BTN) via DK Bank. Adopted by 100+ Bhutanese businesses including remote regions. Bhutan: PM Dasho Tshering Tobgay; Capital: Thimphu.
Sports
Virat Kohli Retires from Test Cricket β 30 Centuries in 123 Tests
Virat Kohli (age 36) retired from Test cricket on 12 May 2025 after 14 years. Test record: 123 Tests, 9,230 runs, 30 centuries, 31 fifties. Debut: Jamaica, 2011 vs West Indies. Will continue in ODIs and IPL (RCB). Awards: ICC Test Player of Year (2018), ICC Cricketer of Year (2017, 2018). Rohit Sharma also retired from Tests on 7 May 2025.
Governance
UP-AGREES & AI Pragya β World Bank + UP
UP-AGREES (Uttar Pradesh Agriculture Growth and Rural Enterprise Ecosystem Strengthening): βΉ4,000 crore project for 21 districts in Bundelkhand & Purvanchal (WB loan: βΉ2,737 cr over 6 years). AI Pragya: trains 10 lakh youths in AI and digital skills across UP. Launched by CM Yogi Adityanath and World Bank President Ajay Banga. Supports UP’s USD 1 trillion economy vision.