NATIONAL EVENTS
Economic and Financial News
Record FDI Achievement: India attracted its highest-ever Foreign Direct Investment (FDI) inflow of USD 81.04 billion in financial year 2024-25, marking a 14% increase from the previous year’s USD 71.28 billion
Sectoral Performance: Services sector emerged as the largest FDI recipient with 19% share, followed by computer software and hardware (16%) and trading (8%)
Manufacturing Growth: Manufacturing FDI showed strong momentum with 18% year-on-year growth, reaching USD 19.04 billion
State-wise Distribution: Maharashtra attracted 39% of total FDI inflows, followed by Karnataka (13%) and Delhi (12%)
Source Countries: Singapore remained the top FDI source with 30% contribution, followed by Mauritius (17%) and United States (11%)
Defence and Security Updates
AMCA Programme Approval: Defence Minister Rajnath Singh approved the execution model for India’s fifth-generation stealth fighter jet project – Advanced Medium Combat Aircraft (AMCA)
Project Leadership: Aeronautical Development Agency (ADA) of DRDO will lead the project through industry partnerships
Strategic Significance: This approval marks India’s entry into the elite club of nations designing and producing next-generation combat aircraft
Expression of Interest: EoI for AMCA Development Phase will be issued soon for both private and public sector entities
Weather and Monsoon Updates
Early Monsoon Arrival: Southwest monsoon hit Kerala eight days ahead of schedule on 25.05.2025, marking the earliest arrival in 16 years since 2009
Simultaneous Coverage: Monsoon arrived simultaneously in Kerala and Northeast India (Mizoram), an uncommon phenomenon
Weather Warnings: Heavy rainfall warnings issued for multiple states including Odisha, West Bengal, Karnataka, and Maharashtra
Impact Assessment: Monsoon’s early arrival signals potential for rapid progress across the Indian subcontinent
Judicial and Administrative Changes
Supreme Court Collegium Update: Justice B.R. Gavai assumed leadership of the Supreme Court Collegium following recent retirements
Gender Representation: Justice B.V. Nagarathna is set to become the fourth woman member of the Supreme Court Collegium
Judicial Appointments: Collegium recommended elevation of three judges to apex court and five others as chief justices of various high courts
Tragic Incidents
Panchkula Mass Suicide: Seven members of the Mittal family, including three children, found dead in their car due to overwhelming debt of Rs 15-20 crore
Financial Distress: Praveen Mittal, the family head, left a suicide note citing financial burdens and lack of help from creditors
Community Impact: The incident highlighted the severe mental toll of financial pressures on families across India
INTERNATIONAL EVENTS – 27.05.2025
Diplomatic Developments
Pakistan Peace Signals: Pakistan Prime Minister Shehbaz Sharif indicated openness to peace talks with India on Kashmir and other bilateral issues during his visit to Iran
Historical Context: This diplomatic overture comes amid ongoing tensions and follows previous unsuccessful dialogue attempts
Regional Implications: The statement has potential implications for South Asian regional stability and bilateral relations
Global Security Incidents
Liverpool Car Ramming: Nearly 50 people, including four children, were injured when a car rammed into a crowd of football fans celebrating Liverpool FC’s Premier League victory
Casualties and Response: 27 patients were taken to hospitals, with four people reported as ‘very ill’
Investigation Status: A 53-year-old British man was arrested, but the incident is not being treated as terrorism
Public Safety Concerns: The incident reflects a worrying global trend of car-ramming attacks in public spaces
SPORTS UPDATES – 27.05.2025
Cricket News
IPL 2025 Results: Punjab Kings defeated Mumbai Indians by 7 wickets in the 69th match at Sawai Mansingh Stadium, Jaipur
Scorecard Details: Mumbai Indians scored 184-7 in 20 overs, while Punjab Kings chased down the target in 18.3 overs scoring 187-3
Upcoming Matches: Lucknow Super Giants vs Royal Challengers Bengaluru scheduled at Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium
International Sports Achievements
Boxing Success: Indian boxer Pawan Bartwal advanced to quarterfinals in men’s 55kg category at the 4th Thailand Open International Boxing Tournament with a dominant 5-0 victory
Shooting Excellence: Indian shooter Tejaswani claimed gold medal in women’s 25m pistol event at ISSF Junior World Cup 2025 in Suhl, Germany
Medal Standings: India leads the medal tally with 11 medals including three gold, four silver, and four bronze in the Junior World Cup
CONFERENCES AND EVENTS – 27.05.2025
Academic and Professional Conferences
Business Management Conference: International Conference on Business Management and Social Innovation (ICBMSI) organized by ARSSS provided global platform for researchers and academicians
Engineering Conferences: Multiple international conferences held including Smart Innovations in Electrical Engineering (ICSIEE) and Mechanical, Manufacturing, Industrial and Civil Engineering (ICMMICE)
Technology Forums: International Conference on Recent Advances in Engineering, Technology and Science (ICRAETS) brought together global participants
Cultural and Traditional Events
Vat Amavasya Celebration: National Institute of Naturopathy, Pune organized special event blending traditional Vat Amavasya festival with Harit Yoga initiative
Environmental Awareness: Event emphasized ecological significance of Banyan tree and its cultural importance in Indian traditions
Yoga Integration: Initiative aimed to intertwine yoga practices with environmental consciousness for holistic wellness approach
IMPORTANT APPOINTMENTS AND POLICY UPDATES
Administrative Changes
State Government Actions: Himachal Pradesh Chief Minister took strict action on indiscipline, sending current DGP Atul Verma on leave
Regional Developments: Various state-level administrative changes implemented across different Indian states
Policy Announcements
Operation Sindoor Follow-up: Government prepared dossier to push Pakistan back onto FATF grey list for terror funding
Diplomatic Briefings: Foreign Secretary Vikram Misri scheduled to brief US officials in Washington DC on recent developments
BANKING AND FINANCE UPDATES FOR COMPETITIVE EXAMS
Key Financial Metrics
FDI Growth Rate: 14% increase in FDI inflows demonstrates India’s growing investment attractiveness
Sectoral Analysis: Services and technology sectors continue to dominate foreign investment landscape
Geographic Distribution: Western and Southern Indian states remain primary FDI destinations
Economic Indicators
Investment Climate: Record FDI figures indicate positive investor sentiment and policy effectiveness
Manufacturing Push: Significant growth in manufacturing FDI aligns with government’s industrial policy objectives
Global Competitiveness: India’s position as preferred investment destination strengthened with diverse source countries
