Employment & Labour
MoLEβSwiggy MoU β 12 Lakh Gig Jobs via NCS
MoL&E signed an MoU with Swiggy Limited (Bengaluru) to generate over 12 lakh gig and logistics job opportunities over 2β3 years through the NCS portal. API integration enables real-time job postings. NCS portal stats (Jan 31, 2025): 1.25 crore+ active job seekers and 40 lakh registered employers. Signed in the presence of Union Minister Dr. Mansukh Mandaviya.
Transport & Innovation
India’s First Onboard Train ATM β Panchavati Express
Central Railway (HQ: Mumbai) and Bank of Maharashtra (Pune) launched India’s first onboard ATM on the MumbaiβManmad Panchavati Express under the NINFRIS scheme (New, Innovative Non-Fare Revenue Ideas Scheme). Installed in an AC coach (replacing a temporary pantry space). Route: CSMTβManmad Junction (Nashik district) in 4 hours 35 minutes. Serves senior citizens, women, and emergency cash needs.
Environment & Climate
HKH Snow Update 2025 β Lowest in 23 Years
ICIMOD (Kathmandu; DG: Pema Gyamtsho, Bhutan; est. 1983) reported that the Hindu Kush Himalaya (HKH) region recorded snow persistence 23.6% below normal in 2025 β its third consecutive below-normal snow year and the lowest in 23 years (based on 2003β2025 data). Observed across Ganga, Indus, and Brahmaputra river basins during the NovemberβMarch snow season.
Defence
Exercise Desert Flag-10 β India Deploys MiG-29 & Jaguar
Exercise Desert Flag-10 was held at Al Dhafra Air Base, UAE (April 21βMay 8, 2025). Hosted by the UAE Air Force; 12 countries participated including India, USA, France, Germany, UK, Australia, South Korea, and others. India deployed MiG-29 and Jaguar aircraft. Annual multinational large-force employment warfare exercise; inaugural: 2011; India’s first participation: 2021. IAF CAS: Air Chief Marshal Amar Preet Singh; IAF est. 1932.
Infrastructure & Transport
Shinkansen Donation β MumbaiβAhmedabad High-Speed Rail
Japan donated Shinkansen E5 (JR East, 2011) and E3 series trains to India for testing the MumbaiβAhmedabad High-Speed Rail Corridor (MAHSRC) β to be delivered early 2026. The MAHSRC (developed by NHSRCL) operates at 320 km/h. Trial data will support indigenous production of the E10 Alfa-X series (max 400 km/h). Project cost: Rs 1.8 trillion; 80% funded by Japanese yen loans. Agreement signed by PM Modi and Shinzo Abe in 2016.
Business & Finance
BSE 150th Anniversary β BSE 150 Index Launched
FM Nirmala Sitharaman launched the BSE 150 Index (tracks top 150 companies by market cap and liquidity), a Rs 150 commemorative coin, and the BSE@150 Logo on April 17, 2025 at Jio World Convention Centre, Mumbai. BSE daily orders: Rs 1,500 crore; market cap: Rs 400 lakh crore. BSE is Asia’s oldest stock exchange; est. 1875; MD & CEO: Sundararaman Ramamurthy.
Economy
CPI Inflation β 3.34% in March 2025 (5.5-Year Low)
India’s CPI retail inflation fell to 3.34% in March 2025 β the lowest since August 2019 (5.5-year low); down from 3.61% in Feb 2025. Food inflation: 2.69% (lowest since Nov 2021). Core inflation: 4.1%. WPI: 2.05% (6-month low). Highest inflation: coconut oil (+56.81%), gold (+34.09%). Steepest declines: ginger (β38.11%), tomato (β34.96%). Trend: 6.7% (FY23) β 5.4% (FY24) β 4.6% (FY25).
International Trade
WTO Trade Outlook 2025 β 0.2% Decline Forecast
WTO’s Global Trade Outlook and Statistics (April 2025) projected a 0.2% decline in global merchandise trade for 2025 β a sharp reversal from 3.0% growth projected in October 2024. North America faces the steepest fall: exports β12.6%, imports β9.6% (reducing global trade by 1.7 pp). Asia: +1.6% exports. Reciprocal tariffs may cut growth by 0.6 pp; trade policy uncertainty by further 0.8 pp.
International Affairs
Pope Francis β Death & Historic Firsts (1936β2025)
Pope Francis (born Jorge Mario Bergoglio, December 17, 1936, Buenos Aires, Argentina) passed away at 88 in Vatican City. Historic firsts: First Latin American pope, First Jesuit pope, First non-European pope in 1,000+ years, and First pope named ‘Francis’ (after Saint Francis of Assisi). Note: He did NOT resign β it was Pope Benedict XVI who voluntarily resigned in 2013.
Agriculture
IISR Surya β New Turmeric Variety, 41 Tonnes/Hectare
ICAR-IISR (Indian Institute of Spices Research), Kozhikode, Kerala developed ‘IISR Surya’ β a light-coloured turmeric variety with a pleasant aroma, designed for the masala/powdering industry. Yields 20β30% more than existing light-coloured varieties; maximum yield: 41 tonnes/hectare. Curcumin content: 2β3%. Benefits farmers engaged in high-quality turmeric powder production.