Daily Current Affairs — 23 May 2025
6 articles • UPSC Prelims & Mains
Gallantry Awards
In News President Droupadi Murmu conferred Kirti Chakras and Shaurya Chakras to the personnel of the Armed Forces, Central Armed Police Forces and State/Union Territory Police during Phase-I of the Defence Investiture Ceremony at Rashtrapati Bhawan. Gallantry awards The Ministry of Defence invites recommendations twice in a year from the Armed Forces and Union Ministry of Home Affairs for gallantry awards. They were given to the personnel for displaying raw courage, unparalleled bravery and tota
International Day for Biodiversity 2025
Context The International Day for Biological Diversity is celebrated every year on 22 May. Background The IDB commemorates the adoption of the Convention on Biological Diversity (CBD) on 22 May 1992 during the Rio Earth Summit. The day creates awareness among the citizens and stakeholders on the importance and need for the conservation of biological diversity.
Net FDI slumps 96% in FY25 to $353 mn
Context As per the RBI, the Net foreign direct investment (FDI) into India crashed by more than 96% to just $353 million in 2024-25 as compared to the previous year. Why Net FDI Matters? Positive Net FDI: Indicates more foreign investment is coming in than going out, often seen as a sign of economic attractiveness.
Jal Jeevan Scheme: MPs Flag ‘Irregularities’
In News Several MPs have called for an investigation into alleged irregularities in the implementation of the Jal Jeevan Mission, particularly concerning inflated contracts and cost overruns. Challenges The mission faces several challenges, such as a lack of dependable water sources in certain areas, groundwater contamination, uneven geographical terrain, scattered rural habitations, and delays in obtaining statutory clearances etc. Issues have been raised for long-standing water shortages and m
Financial Fraud Risk Indicator (FRI)
Context Recently, the Department of Telecommunications (DoT) has launched the Financial Fraud Risk Indicator (FRI) as part of the Digital Intelligence Platform (DIP) to safeguard financial systems and telecom infrastructure. About Financial Fraud Risk Indicator (FRI) FRI is a risk-based metric that classifies mobile numbers into three categories—Medium, High, or Very High risk—based on their likelihood of being involved in fraudulent activities. This classification is derived from multiple data
Significance of Buddhist Teachings in Modern World
Context The reference to Buddhist philosophy—particularly the idea that the self is an illusion—is both potent and relevant in the modern world. About The world is increasingly focused on self-promotion as a pathway to peace and progress. Social media, particularly selfie culture, reinforces a curated, often artificial sense of identity.