Current Affairs – Today’s Headlines: May 25, 2021

Here are Today’s News Headlines by GK Today for May 25, 2021:

India

  • Deloitte, Haryana government join hands to launch ‘Sanjeevani Pariyojana’ initiative against COVID-19
  • India, Israel sign 3-year work programme for cooperation in agriculture: Agriculture Minister Narendra Singh Tomar

FDI In 2020-21

  • FDI (foreign direct investments) equity inflows into the country grew 19% to USD 59.64 billion during 2020-21
  • Total FDI, including equity, re-invested earnings and capital, rose 10% to the “highest ever” of USD 81.72 billion during 2020-21
  • In terms of top investor countries, Singapore is at the top with 29% share
  • The computer software and hardware sector attracted the highest inflows with around 44% share of the total FDI equity inflows
  • Gujarat is the top recipient state during 2020-21 with 37% share of the total FDI equity inflows

Economy & Corporate

  • RBI issues guidelines for merging District Central Co-operative Banks (DCCBs) with State Cooperative Banks (StCBs)

World

  • China defends CPEC (China-Pakistan Economic Corridor), calls it an economic initiative; says it won’t affect its stand on Kashmir
  • CPEC, which traverses through Pakistan-occupied Kashmir (PoK), is the flagship project of China’s Belt and Road Initiative (BRI)
  • President Bidya Devi Bhandari issues ordinance to amend Nepali Citizenship Act
  • Belarus scrambles jet to force Ryanair plane on Athens-Lithuania fight to land and arrests detained journalist Roman Protasevich
  • Iran agrees to extend deal with UN’s nuclear watchdog on cameras at its nuclear sites says IAEA Director-General Rafael Mariano Grossi

Sports

  • 50-year old Phil Mickelson of US wins P.G.A. Championship; becomes the oldest golfer to win a major championship

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