Home » Daily Current Affairs and GK Notes: March 26, 2025

Daily Current Affairs and GK Notes: March 26, 2025

Daily GK Update

NATIONAL NEWS

Delhi Budget 2025-26 Presented with Record Allocation

  • Delhi Chief Minister and Finance Minister Rekha Gupta presented the budget with a historic allocation of Rs 1 lakh crore

  • The budget marks a 31.5% increase from the previous year, focusing on infrastructure development, social welfare, healthcare, education, and economic growth

Archaeological Discoveries by ASI

  • Archaeological Survey of India discovered over 110 megalithic burial sites near Malampuzha Dam in Palakkad, Kerala, dating back to the Iron Age

  • Excavations in Ratnagiri, Odisha revealed Buddhist antiquities offering insights into Vajrayana Buddhism and its connections with Southeast Asia

Justice Harish Tandon to Take Oath as Orissa High Court Chief Justice

  • The swearing-in ceremony will be held on March 26 in Cuttack

  • Odisha Governor Dr. Hari Babu Kambhampati will administer the oath of office

  • The position had remained vacant since January 19 after Justice Chakradhari Sharan Singh’s retirement

Varanasi Civic Body Introduces Ghat Event Charges

  • Organizers will now have to pay ₹880 per square meter for events on Ganga ghats

  • Plans for a Dolphin Safari in Varanasi also announced

Ganga-Sharda River Corridor Development

  • New corridor development initiative announced in Uttarakhand

  • Project aims to improve connectivity and environmental conservation

INTERNATIONAL NEWS

North Korea Tests New Surface-to-Air Missile System

  • Test coincided with the conclusion of the annual Freedom Shield military exercise conducted by South Korea (Capital: Seoul) and the United States (Capital: Washington D.C.)

  • South Korea has warned against further provocations, emphasizing security risks posed by North Korea’s missile developments

Global Leaders Influence Rankings

  • Recent approval ratings show Narendra Modi (Prime Minister, India) leading global approval ratings at 75%

  • Followed by Claudia Sheinbaum (President, Mexico, Capital: Mexico City) at 66%

  • Javier Milei (President, Argentina, Capital: Buenos Aires) at 65%

  • Karin Keller-Sutter (President, Switzerland, Capital: Bern) at 63%

  • Donald Trump (President, United States, Capital: Washington D.C.) at 52%

BUSINESS AND ECONOMY

Space Technology Fund Management Appointed

  • Indian National Space Promotion and Authorisation Centre appointed SIDBI Venture Capital Limited to manage a ₹1,000 crore spacetech fund

  • Initiative aims to support space technology startups in India

MSME Classification Criteria Revised

  • Government of India has increased investment and turnover limits for Micro, Small, and Medium Enterprises

  • New classification effective from April 1, 2025

Mobile Phone Export Growth

  • India’s mobile phone exports grew by 54% in the first 11 months of FY25

  • Growth surpassed government estimates, indicating strong manufacturing sector performance

India’s Forex Reserves Increase

  • Reserves rose by USD 305 million, reaching USD 654.271 billion

  • Demonstrates continued economic stability despite global uncertainties

Hydrogen-Powered Aircraft Ecosystem Development

  • Bharat Petroleum Corporation Limited signed an MoU with BluJ Aerospace, ANERT (Kerala), and Cochin International Airport Limited

  • Partnership aims to develop first hydrogen-powered Vertical Take-off and Landing aircraft ecosystem globally

SEBI to Ease Foreign Investor Norms

  • Securities and Exchange Board of India to revise regulations for foreign investors

  • Also reviewing regulations for nonprofits on social stock exchanges

APPOINTMENTS AND RESIGNATIONS

Ajay Seth Appointed as Finance Secretary

  • Appointment effective from March 24, 2025

  • Brings over three decades of experience in economic policy and financial management

Ashok Singh Thakur Becomes INTACH President

  • Indian National Trust for Art and Cultural Heritage appointed new president on March 22, 2025

  • Announcement made during the Annual General Meeting at New Delhi headquarters

SPORTS

India Wins Kabaddi World Cup 2025

  • Indian teams secured victories in both men’s and women’s tournaments

  • Victory reinforces India’s dominance in the sport

IPL 2025 Update

  • Chennai Super Kings defeated Mumbai Indians in recent match

  • Delhi Capitals played against Lucknow Super Giants in the first match of the season

  • BCCI introduced new rules, including lifting the ban on using saliva on the ball

Sunil Chhetri’s Successful International Return

  • Scored in his comeback match, leading India to a 3-0 victory against the Maldives

  • Performance highlights his continued importance to the national team

Oscar Piastri Wins Chinese Grand Prix

  • Formula 1 season continues with Australian driver claiming victory

  • Further establishes his growing reputation in motorsport

India Bids for 2030 Commonwealth Games

  • Formal bid submitted to host the prestigious multi-sport event

  • Would be India’s second time hosting after the 2010 Delhi Commonwealth Games

IMPORTANT DAYS

Shaheed Diwas Observed on March 23

  • Nation paid tribute to freedom fighters Bhagat Singh, Rajguru, and Sukhdev

  • Commemorates their martyrdom for India’s independence struggle

International Day for the Right to the Truth

  • Observed on March 24, 2025

  • Dedicated to the right to truth concerning gross human rights violations and for the dignity of victims