Daily Current Affairs — 3 May 2025
5 articles • UPSC Prelims & Mains
Brain-Computer Interface (BCI) to Enable Movement in People with Paralysis
Context Researchers from the University of California, have developed a new brain-computer interface that enables movement for people who are paralysed. What is a Brain-Computer Interface (BCI)? A Brain-Computer Interface is a direct communication pathway between the brain’s electrical activity and an external device.
Terror Financing
In News India has intensified its efforts to combat terror financing and actively engage with international financial institutions to curb the misuse of such funds in supporting terrorist activities. More about the News India is urging institutions like the International Monetary Fund (IMF), World Bank, and Asian Development Bank (ADB) to review their financial aid to Pakistan to ensure that development funds are not diverted towards financing terrorism. India is advocating for Pakistans re-entr
Report on “Enhancing Competitiveness of MSMEs in India”
In News NITI Aayog released a report on improving Micro, Small, and Medium Enterprises (MSMEs) competitiveness in India. India’s MSME sector It is a key driver of Indias industrial economy, with 5.93 crore registered enterprises employing over 25 crore people. In 2023-24, MSME-related products contributed 45.73% to Indias total exports.
Port Economy to Drive India’s Growth
Context PM Modi said that Coastal States and port cities will become key growth centres for a developed India, during the commissioning of the Vizhinjam International Seaport in Kerala. What is the Port Economy? The port economy refers to the economic activities and value generated through the functioning and development of ports, which serve as vital nodes in global trade and logistics networks.
Strengthening Entrepreneurship Ecosystems in India
Context The Global Alliance for Mass Entrepreneurship (GAME) and NITI Aayog have announced a strategic partnership aimed at fostering vibrant entrepreneurship ecosystems across multiple states in India. About Mass Entrepreneurship It refers to the widespread creation of small and medium-sized enterprises (SMEs) that generate jobs, economic growth, and social impact. It emphasizes inclusive business creation, enabling millions of individuals to become job creators rather than job seekers, unlike