Home » Daily Current Affairs and GK Update – 05.08.2025

Daily Current Affairs and GK Update – 05.08.2025

Former Jharkhand Chief Minister Shibu Soren passed away

  1. National Events

    • Former Jharkhand Chief Minister Shibu Soren passed away at 81 after prolonged illness in Delhi. His political career spanned decades, including terms as Union Minister and Rajya Sabha MP.

    • Reserve Bank of India’s Monetary Policy Committee commenced a three-day review, with lending rate decisions due on 06.08.2025. Inflation outlook and global trade tensions are key considerations.

    • Prime Minister Narendra Modi paid tribute to Shibu Soren at Sir Ganga Ram Hospital and urged citizens to “buy local” amid rising global protectionism.

    • Union Sports Minister Mansukh Mandaviya introduced the National Sports Governance Bill and anti-doping amendments in Lok Sabha to strengthen transparency and athlete welfare.

    • Delhi Police issued traffic advisories for Bahadurshah Zafar Marg, JLN Marg, and Ring Road near Rajghat on 05.08.2025 in view of official events.

  2. International Developments

    • Australia announced raising its international student intake cap to 295,000 from 2026 to support higher education growth while managing infrastructure strains.

    • Ethiopia–Yemen migrant tragedy: Over 60 Ethiopian migrants drowned when their boat capsized near Yemen’s southern coast, highlighting renewed humanitarian concerns in the Red Sea corridor.

    • Kremlin confirmed upcoming talks with US envoy Steve Witkoff on Ukraine peace prospects, amid looming sanctions if progress stalls.

    • Taiwan’s southern and central regions received record rainfall exceeding 200 mm, prompting mass evacuations, travel disruptions, and landslide alerts.

  3. Policy and Economic Highlights

    • RBI announced a $5 billion dollar–rupee swap operation to absorb surplus liquidity without rollover, aiming to stabilize money markets.

    • India positioned as a global petrochemical consolidation hub amid overcapacity, with domestic demand growth driving mergers and investment, per BCG report.

    • Tea Board data showed June 2025 production at 133.5 million kg, a 9% year-on-year dip due to erratic weather and pest attacks.

    • GST Intelligence detected evasion of ₹7.08 lakh crore over five years, including ₹2.23 lakh crore in FY 2024-25 alone, reflecting intensified compliance scrutiny.

  4. Key Inaugurations & Cultural Events

    • Lieutenant Governor Manoj Sinha launched the Basohli Utsav 2025 teaser in Jammu & Kashmir. The festival (28.09–02.10.2025) will showcase Basohli’s Ramayana-inspired art and heritage.

    • “Kartavya Bhawan,” the new Central Vista office complex, is set for inauguration by PM Modi on 06.08.2025, marking the next phase of India’s architectural redevelopment.

  5. Sports Updates

    • India clinched a thrilling six-run victory over England at The Oval, leveling the five-match Test series 2–2. Mohammed Siraj’s final-session burst proved decisive.

    • Young defender Poovanna C.B. earned selection in India’s 24-member men’s hockey squad for the upcoming Australia tour, ahead of the Asia Cup in Rajgir.

    • The inaugural T20 Maharani Trophy commenced in Bengaluru, where Shivamogga Lioness defeated Hubli Tigers by 15 runs in the opener. The tournament runs until 10.08.2025.

    • Triple jumper Abdulla Aboobacker won gold at the Qosanov Memorial in Almaty with a 16.08 m leap, edging out South Korea’s top athletes by one centimeter.

  6. Miscellaneous

    • Philippines President Ferdinand Marcos Jr. began a state visit to India (04–08 August 2025) to bolster defence, trade, and cultural ties on the 75th anniversary of diplomatic relations.

    • Delhi Assembly’s monsoon session opened, with key bills on CAG reports and private school fee regulation slated for discussion.

    • Bihar CM Nitish Kumar announced domicile criteria for 2025 teacher recruitment (TRE-4), restricting eligibility to state residents.

This update consolidates crucial events across governance, economy, international affairs, sports, and cultural spheres from 05.08.2025. Use these points for effective revision and exam readiness.