Daily Current Affairs 24th April 2025: Your guide for daily General Knowledge Preparation
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This post contains daily current affairs 24th April 2025. It includes all National, International, Business & Sports related current affairs 24th April 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 24th April, 2025 Current affairs test.
National News
Amaravati to Host India’s First Quantum Computing Village
India is setting up its inaugural Quantum Computing Village in Amaravati, Andhra Pradesh.
A high-level meeting was conducted by the Real-Time Governance Society (RTGS), featuring tech leaders from IBM, TCS, and L&T, to design the roadmap for the project.
The initiative aims to build a world-class research and innovation hub focused on quantum computing technologies.
This move underscores India’s strategic ambition to be a global frontrunner in advanced computing and emerging technologies.
Union Health Department Observes Fire Safety Week 2025
The Union Health Department has launched Fire Safety Week 2025, taking place from April 21 to April 25.
The campaign involves collaboration between the central government, all states, Union Territories, and relevant ministries.
Under the leadership of Health Secretary Punya Salila Srivastava, the program seeks to improve fire and electrical safety across healthcare facilities.
The initiative focuses on creating awareness, offering training, and conducting safety audits to reinforce preparedness in healthcare institutions.
SJVN Allocates ₹269.97 Crore for Etalin Hydropower Project Compensation
SJVN Limited has disbursed ₹269.97 crore as compensation for land acquisition for the Etalin Hydropower Project located in Dibang Valley, Arunachal Pradesh.
This project, with a capacity of 3,097 MW, is a major step in boosting renewable energy production in the Northeastern region of India.
The compensation marks a significant development in the progress of this large-scale hydropower initiative.
Banking News
SEBI Revises NAV Cut-Off Timings for Overnight Mutual Fund Schemes
The Securities and Exchange Board of India (SEBI) has updated the NAV (Net Asset Value) cut-off times for redemption or repurchase of units in Overnight Mutual Fund Schemes (MFOS).
This change is designed to benefit stock brokers (SBs) and clearing members (CMs), allowing them to un-pledge their units and initiate redemption requests even after market hours.
If applications are received by 3 PM, the NAV applicable will be that of the previous business day’s closing.
For applications submitted after 3 PM, the NAV of the following business day will be considered.
Separate provisions apply to online submissions, for which a cut-off time of 7 PM has been specified.
These updated rules will be enforced starting June 1.
RBI Mandates Banks to Switch to ‘bank.in’ Domains by October 31
The Reserve Bank of India (RBI) has mandated that all banks must shift their online operations to domains ending in ‘.bank.in’ by October 31, 2025.
The directive is aimed at bolstering cybersecurity in the banking sector and enhancing user trust in digital platforms.
The requirement is a response to rising cyber threats and aims to prevent online fraud and misuse.
Banks are expected to upgrade their IT infrastructure to align with this initiative and ensure smooth and secure services.
The RBI released a circular on April 22 referring to a February 7 policy titled “Enhancing Trust in the Financial Sector through ‘bank.in’ and ‘fin.in’ domains.”
The Institute for Development and Research in Banking Technology (IDRBT), in coordination with the National Internet Exchange of India (NIXI) and the Ministry of Electronics and Information Technology (MeitY), will facilitate the registration and migration process.
Awards News
PoshanTracker Wins PM’s Award for Excellence in Public Administration 2024
The PoshanTracker mobile application has been honored with the Prime Minister’s Award for Excellence in Public Administration 2024 under the Innovation (Centre) category.
The application was developed by the Ministry of Women and Child Development (MoWCD).
Shri Anil Malik, Secretary of MoWCD, received the award on behalf of the ministry.
About the PoshanTracker Application:
Designed to improve nutrition outcomes by leveraging data-driven governance mechanisms.
Developed under the “Saksham Anganwadi and POSHAN 2.0” mission.
Features include real-time monitoring, tracking of beneficiaries, and improved service delivery.
Aims to enhance accountability, promote convergence, and ensure efficient use of resources at the grassroots level.
International News
Don Pettit Returns to Earth at Age 70 After Space Mission
Don Pettit, the oldest active astronaut from the U.S., returned safely to Earth on his 70th birthday, April 21, 2025.
The landing took place in Kazakhstan via Soyuz MS-26, which brought Pettit and two Russian astronauts back from the International Space Station (ISS).
The mission lasted 220 days, and with this, Pettit has now accumulated 590 days in space over four missions.
Though not the oldest person to venture into space (John Glenn holds that title at age 77), Pettit’s continued contributions to space exploration are celebrated as extraordinary.
Klaus Schwab Resigns as Chairman of the World Economic Forum
Klaus Schwab, who established the World Economic Forum (WEF) in 1971, has stepped down from his role as Chairman and Board Member.
Schwab, now aged 87, had long been synonymous with the Davos summit, where global leaders discuss major global issues.
His resignation signifies the end of an era, as the WEF deals with criticisms of elitism, cultural changes, and pushback against globalization.
Appointment News
Leadership Change at Air India Express
Campbell Wilson, who served as the Chairman of Air India Express since June 2022, has stepped down.
Nipun Aggarwal, currently the Chief Commercial Officer at Air India, will assume the role of Chairman.
The change is part of Tata Group’s ongoing efforts to restructure its airline operations, including the merger between Air India Express and AIX Connect (formerly AirAsia India).
Stacie Sire Appointed Head of Boeing India Engineering Centre
Boeing has named Stacie Sire as the Vice President and Managing Director of the Boeing India Engineering & Technology Center (BIETC).
She will also serve as the Chief Engineer for Boeing India.
Sire takes over from Ahmed Elsherbini, who held the role from April 2021 to January 2025 and has now transitioned to a global leadership position at Boeing.
Business News
CCI Approves Bharat Forge-AAM Acquisition with Conditions
The Competition Commission of India (CCI) has approved Bharat Forge Ltd’s acquisition of AAM India Manufacturing Corporation Pvt Ltd.
The clearance was granted after accepting voluntary changes proposed by the two entities.
Specific details of the modifications have not been disclosed.
The approval follows concerns raised about potential negative effects on competition, leading CCI to seek public input.
Bharat Forge is a prominent player in forged components and engineering, while AAM India is known for manufacturing axles for commercial vehicles.
Ambuja Cements Acquires Major Stake in Orient Cement
Ambuja Cements, under the Adani Group, has completed the acquisition of a 37.8% promoter stake in Orient Cement Limited (OCL).
This acquisition raises Ambuja Cements’ total shareholding in OCL to 46.66%.
The purchase included 1.82 crore public shares (8.87%) and is part of Ambuja’s growth strategy announced in October 2024.
The total deal value stood at ₹8,100 crore.
Ranking & Report News
TIME 100 Most Influential People of 2025: No Indians Featured
The TIME Magazine list for 2025 features globally renowned personalities but does not include any Indian figures.
Notable names on this year’s list include:
Donald Trump – President of the United States.
Elon Musk – CEO of Tesla and SpaceX, known for innovation in electric vehicles, AI, and space tech.
Keir Starmer – New UK Prime Minister credited with reviving the Labour Party.
Muhammad Yunus – Nobel Peace Prize laureate from Bangladesh, recognized for pioneering microfinance and promoting financial inclusion.
The absence of Indian individuals contrasts with 2024, when personalities like Alia Bhatt and Sakshi Malik were recognized.
Important Days
National Panchayati Raj Day 2025 Observed on April 24
April 24 is celebrated annually as National Panchayati Raj Day in India.
The central function this year is being held at Lohna Uttar Gram Panchayat, Jhanjharpur Block, in Bihar’s Madhubani district, in the presence of Prime Minister Shri Narendra Modi.
The PM will address Gram Sabhas and Panchayati Raj Institutions (PRIs) and present the Special Category National Panchayat Awards 2025.
This day marks the implementation of the 73rd Constitutional Amendment Act of 1992, which came into force on April 24, 1993.
The amendment granted constitutional recognition to PRIs, solidifying the process of decentralizing democratic governance.
The initiative originated from the 1957 Balwantrai Mehta Committee, which laid the groundwork for grassroots democracy in India.
