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April 9, 2025

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🇮🇳 National News

PM Modi to participate in Navkar Mahamantra Divas in New Delhi

Prime Minister Narendra Modi will attend Navkar Mahamantra Divas on April 9, 2025, organised by the Jain International Trade Organization (JITO) at Vigyan Bhawan, New Delhi.

The event is scheduled just ahead of Mahavir Jayanti and aims to promote global harmony, spiritual consciousness, and peace.

Key highlights:

  • Participation from devotees across more than 108 countries
  • Over 1.08 crore participants expected to recite the Navkar Mahamantra
  • Planned across 6,000+ locations in India and worldwide
  • Promotes non-violence, ethical conduct, and tolerance
🎯 Exam Angle (Prelims)

Remember the anchors: JITO + Vigyan Bhawan + April 9, 2025. Numbers that can be asked directly: 108+ countries, 1.08 crore participants, 6,000 locations. High-visibility national events often turn into direct factual MCQs (date/venue/organiser/numbers).

Quick revision: PM Modi attends JITO’s Navkar Mahamantra Divas at Vigyan Bhawan on Apr 9, with global recitation targets.

PM Mudra Yojana completes 10 years; credit sanctioned crosses ₹32.6 lakh crore

April 2025 marks the 10th anniversary of Pradhan Mantri Mudra Yojana (PMMY). The scheme provides institutional credit to small, non-corporate, non-agricultural enterprises.

Milestone achievements over the decade:

  • 52+ crore loans distributed
  • Total sanctioned credit: ₹32.61 lakh crore
🎯 Exam Angle (Prelims)

“10 years” + ₹32.61 lakh crore + 52 crore loans are high-yield memory points. PMMY purpose is often asked in one line (who it targets). Scheme milestones are commonly tested via numbers + beneficiary segment.

Quick revision: PMMY turns 10 in April 2025; 52+ crore loans and ₹32.61 lakh crore credit sanctioned.

Haryana announces 20% reservation for Agniveers in Police

Haryana Chief Minister Nayab Singh Saini announced 20% reservation for Agniveers in Haryana Police. Haryana is described as the first state to offer this benefit.

Additional measures announced:

  • Low-interest loans for business ventures
  • Preference in firearm licences for security jobs
🎯 Exam Angle (Prelims)

Key recall: 20% reservation, Haryana Police, and associated support measures. Agniveer-related policy support has strong exam relevance under governance and social security.

Quick revision: Haryana grants 20% police reservation for Agniveers, plus loans and firearm-licence preference.

President Droupadi Murmu receives ‘City Key of Honour’ in Portugal

During her Portugal visit, President Droupadi Murmu received the ‘City Key of Honour’, presented by the Mayor of Lisbon.

The visit marked 50 years of India-Portugal diplomatic ties. A state banquet was hosted by Portuguese President Marcelo Rebelo de Sousa.

🎯 Exam Angle (Prelims)

Remember: City Key of Honour + Mayor of Lisbon + 50 years ties + Marcelo Rebelo de Sousa. State visits and honours frequently appear as one-liner factual questions.

Quick revision: President Murmu received Lisbon’s City Key of Honour during India-Portugal 50-year celebrations.

MoD signs ₹2,385 crore+ contract with BEL for Mi-17 V5 upgrades

The Ministry of Defence signed a ₹2,385.36 crore contract with Bharat Electronics Limited (BEL), Bengaluru for procurement of Electronic Warfare (EW) Suites and aircraft modification kits for IAF Mi-17 V5 helicopters.

The deal falls under the ‘Buy Indian – IDDM’ category and was signed in New Delhi in the presence of Defence Secretary Rajesh Kumar Singh.

The purpose is to boost combat readiness and survivability of the helicopters.

🎯 Exam Angle (Prelims)

Must-remember: ₹2,385.36 crore, BEL, EW suites, Mi-17 V5, Buy Indian-IDDM. Defence procurement deals are highly testable through amount + company + platform.

Quick revision: MoD-BEL deal worth ₹2,385.36 crore for EW suites and kits for IAF Mi-17 V5 helicopters.

Naval base for nuclear submarines planned near Rambilli (Vizag region)

India is preparing to operationalize a new naval base for nuclear-powered submarines near Rambilli, Andhra Pradesh, with a target to operationalize by next year.

The location is about 50 km from Eastern Naval Command in Visakhapatnam. The base includes underground facilities to house submarines.

India is also continuing development of the Karwar base on the western coast.

🎯 Exam Angle (Prelims)

Location cues: Rambilli (near Vizag) + 50 km from Eastern Naval Command. Keywords: nuclear submarines, underground facilities, Karwar. Strategic basing and maritime security topics are frequent in defence/IR.

Quick revision: India plans a nuclear submarine base near Rambilli (AP), ~50 km from Eastern Naval Command at Visakhapatnam.

Max Verstappen wins 2025 Japanese Grand Prix

Max Verstappen won the 2025 Japanese Grand Prix—his first win of the 2025 F1 season. This victory is described as his fourth straight victory this year.

The race marked Red Bull’s final race in Japan using Honda engines. Verstappen took pole position, edging Lando Norris in qualifying by just 0.012 seconds.

🎯 Exam Angle (Prelims)

Remember the tight stat: 0.012 seconds. Also note the “final Japan race with Honda engines” detail for Red Bull. Sports CA often asks winner + event; bonus points for key records/notes.

Quick revision: Verstappen won the 2025 Japanese GP; pole gap over Norris was just 0.012s.

Jessica Pegula wins Charleston Open 2025

Jessica Pegula won the Charleston Open 2025, defeating Sofia Kenin 6-3, 7-5 in the final. This was her second WTA title of 2025.

Her other 2025 title was at the ATX Open in Austin.

🎯 Exam Angle (Prelims)

Scoreline is a typical exam favourite: 6-3, 7-5. Tennis finals are common “winner + runner-up + score” questions.

Quick revision: Pegula beat Kenin 6-3, 7-5 to win Charleston Open 2025—her second title of the year.

India elected to UN ISAR (2025-2027)

India was elected to the UN ISAR for the 2025-2027 term. ISAR stands for UN Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting.

India will contribute to shaping standards for financial and non-financial disclosures, with an aim to improve transparency and corporate ethics.

🎯 Exam Angle (Prelims)

Remember: ISAR full form + term 2025-2027 + focus on disclosure standards. International bodies and memberships are common in objective CA.

Quick revision: India joins UN ISAR (2025-27) to help shape global accounting and reporting disclosure standards.

🌐 International News

Brazil proposes a UNFCCC-linked Global Climate Action Council

Brazil proposed setting up a Global Climate Action Council under the UNFCCC framework. The aim is to streamline climate talks and improve global cooperation ahead of COP30.

COP30 will be hosted in Belém, Brazil in November 2025. The proposal received mixed international reactions.

🎯 Exam Angle (Prelims)

Remember: UNFCCC + Global Climate Action Council + COP30 (Belém, Nov 2025). COP-related developments and new climate governance proposals are common CA themes.

Quick revision: Brazil pitched a UNFCCC Global Climate Action Council ahead of COP30 in Belém (Nov 2025).

Hungary announces plan to withdraw from the International Criminal Court

Hungary declared its intention to leave the International Criminal Court (ICC). The announcement was confirmed by Gergely Gulyás, Minister in the Prime Minister’s Office.

He stated that the withdrawal process will follow national and international law. Criticism included the ICC being “politicized,” citing the indictment of Israeli PM Benjamin Netanyahu.

🎯 Exam Angle (Prelims)

Key pairing: Country (Hungary) + Body (ICC) + spokesperson (Gergely Gulyás). International institutions and withdrawals are often tested in polity/IR current affairs.

Quick revision: Hungary signaled exit from the ICC; statement came from Gergely Gulyás.

💼 Business & Economy

DBS Bank India announces leadership changes in consumer banking

Ambuj Chandna was appointed Managing Director & Head of Consumer Banking Group at DBS Bank India. He succeeds Prashant Joshi.

Chandna brings 25+ years of experience and earlier served as President & Head of Consumer Assets at Kotak Mahindra Bank.

🎯 Exam Angle (Prelims)

Appointment triad: Name → Post → Organisation and predecessor. Banking appointments are frequently asked as straightforward MCQs.

Quick revision: Ambuj Chandna becomes MD & Head (Consumer Banking) at DBS India, succeeding Prashant Joshi.

👔 Appointments

Satish Chavva appointed CEO of Oman India Joint Investment Fund

Satish Chavva became CEO of Oman India Joint Investment Fund (OIJIF). OIJIF is a private equity fund established between Oman Investment Authority and State Bank of India.

He has two decades of experience in private equity and finance.

🎯 Exam Angle (Prelims)

Remember the structure: OIJIF = Oman Investment Authority + SBI. Cross-border investment platforms and leadership changes are common business-current affairs asks.

Quick revision: Satish Chavva takes over as CEO of OIJIF, a joint fund of Oman Investment Authority and SBI.

Andrew Holland to head Specialized Investment Funds at Nippon Life India AMC

Nippon Life India Asset Management (NAM) appointed Andrew Holland to head a new asset class: Specialized Investment Funds (SIF).

He was previously CEO at Avendus Capital Public Markets Alternate Strategies and also led Ambit Investment Advisors.

🎯 Exam Angle (Prelims)

Direct recall: Andrew Holland + SIF + Nippon Life India AMC. Financial sector leadership updates often appear in CA MCQs.

Quick revision: Andrew Holland appointed to lead SIF (new asset class) at Nippon Life India AMC.

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Prashant Chadha

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