Weekly Current Affairs (20th April to 26th April 2025)

Category : Business and economics Published on: April 27 2025

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US Fed Chief warns Trump's tariff policy may trigger inflation and economic slowdown.
WTO forecasts global trade decline in 2025–26 due to US-China tensions.
India’s smartphone exports reach an all-time high, led by the PLI scheme.
IAF takes part in Desert Flag-10 multinational exercise in UAE.
SBI Card and Tata Digital launched Tata Neu SBI Card with reward benefits.
India’s pharmaceutical exports exceeded $30 billion in FY 2024-25.
Centre imposes 12% safeguard duty to protect Indian steel industry.
Gold prices soared to a record $3,385.08 per ounce, driven by global growth concerns and a weaker dollar.
Air India to acquire Boeing planes originally meant for Chinese carriers.
LG Electronics pauses IPO plans for Indian unit due to lower expected valuation.
Poonawalla Fincorp and MobiKwik partner to offer instant personal loans via ZIP EMI.
Minors aged 10+ can now open and operate bank accounts independently: RBI.
Madhya Pradesh-based NBFC Finodaya Capital secures $2.5 million from White VC and others.
Bank of Baroda announces ESG policy and sets target to become net-zero by 2057.
RBI cancels the licence of Ajantha Urban Co-operative Bank, Aurangabad due to insufficient capital and earnings.
World Bank revises India’s 2025-26 GDP growth forecast to 6.3%.
BHIM app introduces UPI Circle feature with partial delegation.