Stay updated with the latest national and international events that matter. Here’s your comprehensive current affairs roundup for May 4, 2025.
- India and Russia Sign Landmark Defence Cooperation Agreement
In a significant step toward strengthening strategic ties, India and Russia have inked a new defense agreement. This pact focuses on joint production of advanced military hardware and technology sharing, including next-generation fighter jets and critical maintenance support systems. The move is expected to boost India’s self-reliance in defense manufacturing under the ‘Make in India’ initiative.
- ISRO Reveals Timeline for Chandrayaan-4 Lunar Mission
The Indian Space Research Organisation (ISRO) has officially declared plans to launch Chandrayaan-4 in early 2026. Unlike previous missions, this venture aims to collect lunar soil samples and bring them back to Earth—a first for India. Preparations are underway for advanced robotic systems capable of executing the complex lunar return maneuver.
- Global Markets React to U.S. Federal Reserve Rate Hike
Stock markets across the globe witnessed a downward trend following the U.S. Federal Reserve’s decision to increase interest rates by 25 basis points. This is part of the Fed’s ongoing efforts to curb inflation. The rate hike has led to cautious investor sentiment, with technology and banking sectors showing the most significant impacts.
- World Press Freedom Day Emphasizes Media Independence
On May 3, the world observed World Press Freedom Day, highlighting the essential role of independent journalism in democratic societies. This year’s theme, “Journalism in the Face of the Crisis,” calls attention to the challenges journalists face, especially in conflict zones and under authoritarian regimes. UNESCO and various global organizations urged stronger protection for media personnel.
- IPL 2025 Update: Playoff Scenarios Take Shape
The ongoing IPL 2025 season is entering a thrilling phase, with multiple teams still vying for a playoff spot. In the latest match, Delhi Capitals defeated Chennai Super Kings by 5 wickets, keeping their playoff hopes alive. With just a few league matches remaining, every game is now a must-win for teams in the middle of the table.
Stay tuned for tomorrow’s updates to stay ahead in your current affairs preparation.