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17 April, 2025 UPI Outages: NPCI and Banks Collaborate for a Solution · CJI proposes Justice Gavai as successor · Kothari trumps Advani to win IBSF World billiards crown Daily 17 Apr 2025 Centre to Merge DPE & Dipam Context: The Union government is planning to merge the Department of Public Enterprises (DPE) with the Department of Investment and Public Asset Management (Dip 17 Apr 2025 India’s GDP Growth Forecast for 2025: Moody’s vs. UNCTAD Moody’s Ratings Outlook Revised GDP forecast: 5.5% to 6.5% (down from 6.6% projected in February 2024). Primary concern: Unpredictable U.S. tariffs and global t 17 Apr 2025

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CPI Inflation Source: National Statistics Office (NSO) India’s retail inflation, based on the Consumer Price Index (CPI), eased to 3.34% in March 2024 — the lowest since Augu 17 Apr 2025 Consumer Price Index (CPI) The Consumer Price Index (CPI) is a key economic indicator that measures changes in the average prices of a fixed basket of goods and services over time. It ref 17 Apr 2025 U.S. Reciprocal Tariff Policy – Implications for India Overview of U.S. Reciprocal Tariffs: U.S. introduces new country-wise and commodity-wise tariffs under Trump’s proposal. Reciprocal tariffs capped at 10% for 90 17 Apr 2025 International Finance Corporation Launches Call for Expression of Interest for Catalytic First Loss Guarantee Facility Context: International Finance Corporation Launches Call for Expression of Interest for Catalytic First Loss Guarantee Facility. Objective: The IFC has launched 17 Apr 2025 RBI Imposes ₹3.2 Lakh Penalty on Citibank for FEMA Violation Context: The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹3.20 lakh on Citibank N.A. Reason: Failure to conduct due diligence while processing 17 Apr 2025

PNB Launches 34 New Digital and Inclusive Banking Services Context: Punjab National Bank (PNB) marked its 131st Foundation Day by launching 34 new products aimed at boosting: Digital banking Inclusive financial services 17 Apr 2025 SEBI Set to Review ESG and Supply Chain Disclosure Norms Context: SEBI Chairman Tuhin Kanta Pandey has announced a comprehensive review of India’s ESG (Environmental, Social, Governance) disclosure norms, especially t 17 Apr 2025

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