🇮🇳 National News
1. RBI Highlights Economic Resilience
The Reserve Bank of India (RBI) reports that India’s economy remains resilient amid global challenges, supported by strong domestic consumption and investment. Retail inflation dropped to a five-year low of 3.34% in March, primarily due to reduced food prices, creating scope for further monetary easing.
2. Extension of RBI Deputy Governor’s Term
The Indian government has extended the term of RBI Deputy Governor T. Rabi Sankar by one year, effective from May 3, 2025. Sankar oversees critical departments, including foreign exchange management and financial market operations.
3. Terrorist Attack in Jammu and Kashmir
On April 22, five tourists were killed in a terrorist attack in Pahalgam, Jammu and Kashmir. Authorities have initiated investigations and increased security measures in the region.
4. Civil Services Day Observed
India observed Civil Services Day, with Prime Minister Narendra Modi addressing civil servants, emphasizing their role in governance and public service.
🌐 International News
1. Pope Francis Passes Away
Pope Francis passed away at the age of 88. His funeral is scheduled for Saturday at 10 a.m. in St. Peter’s Square, with public viewing beginning Wednesday in St. Peter’s Basilica. India has declared a three-day state mourning period.
2. US Vice President JD Vance Visits India
US Vice President JD Vance met with Prime Minister Narendra Modi to discuss bilateral trade, aiming to mitigate impending 26% US tariffs on India and advance a prospective trade deal. Discussions also covered H-1B visa concerns and defense cooperation.
📊 Economy & Trade
1. Retail Inflation at 5.5-Year Low
India’s retail inflation, measured by the Consumer Price Index (CPI), declined to 3.34% in March 2025, marking the lowest monthly inflation rate since August 2019. This decrease is primarily attributed to a significant drop in food prices.
2. Surat’s Emissions Trading Scheme Success
Surat’s Emissions Trading Scheme has successfully reduced industrial pollution by up to 30%, setting a model for other Indian cities to follow.
🛡️ Defense & Security
1. Exercise Desert Flag-10
The United Arab Emirates is hosting Exercise Desert Flag-10, a multinational air combat exercise involving several countries, including India.
2. Launch of ‘Voice of Kinnaur’ Radio Station
The Indian Army has launched the ‘Voice of Kinnaur’ community radio station in Himachal Pradesh’s Kinnaur district to enhance communication and outreach in the region.
🏅 Sports
1. ISSF World Cup Achievements
Indian shooters Rudraksh-Arya and Arjun Babuta won silver medals at the ISSF World Cup 2025, showcasing India’s growing prowess in shooting sports.
📅 Important Days
1. Earth Day Celebrated
Earth Day was celebrated globally on April 22, focusing on environmental protection and sustainability. Various events and initiatives were organized to raise awareness about climate change and conservation efforts.
