Daily Current Affairs 17th May 2025: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains daily current affairs 17th May 2025. It includes all National, International, Business & Sports related current affairs 17th May 2025. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 17th May, 2025 Current affairs test.
National News
IRFC Receives Green Light to Raise $1.17 Billion via Deep-Discount Bonds
The Indian Railway Finance Corporation (IRFC) has obtained official approval from the government to generate $1.17 billion in funding.
The funds will be raised through the issuance of deep-discount bonds, a financial instrument sold below face value and devoid of periodic interest payments, akin to zero-coupon bonds.
Supreme Court Orders Swift Setup of Dedicated POCSO Courts Nationwide
The Supreme Court of India has instructed the Central Government to promptly establish exclusive courts to handle cases under the Protection of Children from Sexual Offences (POCSO) Act.
This directive stems from a concerning increase in child rape cases and the current inadequacy in judicial infrastructure.
The apex court emphasized that delays in conducting trials undermine the purpose of the POCSO Act and deny timely justice to affected children.
President Droupadi Murmu Seeks SC Opinion on Governor’s Assent Powers via Article 143
Invoking Article 143 of the Constitution, President Droupadi Murmu has requested the Supreme Court’s advisory input on the constitutional roles of the President and State Governors in the context of State legislation under Articles 200 and 201.
This request follows a Supreme Court ruling that criticized the Tamil Nadu Governor for procrastinating in approving Bills passed by the State Legislature.
India to Launch ‘Samudrayaan’ – Nation’s First Human Deep-Sea Exploration by 2026
India is preparing to launch ‘Samudrayaan’, its first manned deep-sea exploration initiative, by the year 2026.
The mission will use an indigenously developed submersible, MATSYA 6000, capable of descending to depths of 6,000 meters.
This initiative aims to delve into deep-sea biodiversity and evaluate marine resource potential, marking a significant stride in oceanic research.
Global Spike in DAP Prices May Inflate India’s Fertilizer Subsidy Bill
Prices for Di-Ammonium Phosphate (DAP), the second most widely used fertilizer in India after urea, have surged by over 13% since April, reaching $652 per tonne.
Since India largely relies on imports to meet its DAP requirements, the spike raises procurement costs for fertilizer companies.
The increased cost is likely to exert additional pressure on government subsidies for fertilizers.
International News
India-EU Launch Joint Research to Address Marine Plastic and Hydrogen Recovery
Under the India-EU Trade and Technology Council (TTC), formed in 2022, India and the European Union have rolled out two significant joint research and innovation ventures.
These projects focus on combating marine plastic pollution and converting waste materials into hydrogen.
The combined investment stands at approximately ₹391 crore (~€41 million), co-financed by the EU’s Horizon Europe framework and the Indian government.
Yala Glacier in Nepal Officially Declared Extinct, Community Holds Mourning Ceremony
The Yala Glacier in Nepal, once an essential site for glaciological education and Himalayan climate studies, has been officially recognized as “dead”.
Local residents, scientists, and monks held a memorial in Langtang Valley to grieve its loss.
The glacier’s disappearance underscores the growing threat of global warming to Himalayan ecosystems and its serious implications for water availability and environmental stability across South Asia.
Trump Revokes All Sanctions on Syria in Major Foreign Policy Move
Former U.S. President Donald Trump has announced the complete lifting of sanctions against Syria during a visit to Riyadh, Saudi Arabia.
The decision marks a significant departure from previous U.S. policies and aims to support Syria’s new transitional government.
It is intended to contribute to the country’s reconstruction, peace efforts, and reintegration into the global community after years of conflict and isolation stemming from terrorism-related allegations and human rights concerns.
Defence News
Femto-LASIK Suite Inaugurated at Army Hospital for Advanced Eye Treatments
The Army Hospital (Research and Referral) in Delhi Cantonment has launched a high-tech Femto-LASIK Suite designed for laser-assisted spectacle removal procedures.
The inauguration was led by Surgeon Vice Admiral Arti Sarin, DG of Armed Forces Medical Services (AFMS), and Lt Gen Sadhna S Nair, DG of Medical Services (Army).
This advanced facility offers customized treatments for young and middle-aged individuals with refractive errors and certain corneal issues.
The initiative reflects the Armed Forces’ focus on medical excellence and innovation.
DRDO Develops Indigenous Membrane for Marine Desalination
The Defence Research & Development Organisation (DRDO) has engineered a multilayered nanoporous polymeric membrane specifically for seawater desalination under high pressure.
The technology, developed by DMSRDE (Defence Materials Stores and Research & Development Establishment) in Kanpur, is tailored for desalination units aboard Indian Coast Guard vessels.
It addresses key challenges such as chloride ion resistance and was developed within an impressive eight-month timeline.
Sports News
Sunil Gavaskar Honored with Boardroom Named “10000 Gavaskar” at BCCI HQ
Legendary Indian cricketer Sunil Gavaskar inaugurated a new boardroom titled “10000 Gavaskar” at the BCCI headquarters in Mumbai.
The event was graced by BCCI President Roger Binny, Vice President Rajeev Shukla, and Secretary Devajit Saikia, celebrating Gavaskar’s historic milestone of 10,000 Test runs.
Bologna Secures First Coppa Italia Title Since 1974
Bologna FC has won the Coppa Italia after 51 years by defeating AC Milan with a 1-0 scoreline.
The decisive goal was scored by Dan Ndoye, making a comeback from injury.
This victory marks Bologna’s first major title win since 1974, with only two second-division championships in the interim.
The club is owned by Canadian entrepreneur Joey Saputo.
R. Praggnanandhaa Wins Superbet Classic, His First Grand Chess Tour Title
Indian Grandmaster R. Praggnanandhaa has claimed his maiden Grand Chess Tour championship by winning the Superbet Classic 2025 in Bucharest, Romania.
He triumphed after a dramatic tiebreak against elite players including Maxime Vachier-Lagrave and Alireza Firouzja.
This win marks a pivotal achievement in Praggnanandhaa’s burgeoning chess career and a proud moment for Indian chess enthusiasts.
