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We are here for you to provide the important Recent and Latest Current Affairs April 25 2026, which have unique updates of Latest Current Affairs 2026 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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NATIONAL AFFAIRS

India Approves Rs 30 billion for Maldives under SAARC Currency Swap 
In April 2026, the Government of India(GoI) approved a Rs.30 billion currency swap facility for the Maldives under the South Asian Association for Regional Cooperation (SAARC) Currency Swap Framework, reaffirming India’s role as a key financial partner for its island neighbour.

• Previously, Maldives settled a USD 400 million swap facility available in October 2024 under the US Dollar (USD)/Euro Swap Window, reflecting the Maldives government’s commitment to meeting its financial obligations.

Key Details:
Background: The approval of Rs 30 billion facility was made under the INR Swap Window of the ‘Framework on Currency Swap Arrangement for SAARC Countries, 2024-2027’, signed between the Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) during President Mohamed Muizzu’s state visit to New Delhi, Delhi in October 2024.
INR Swap Window:  The framework includes favourable terms aimed at enhancing accessibility and effectiveness for the recipient country.

• So far, the RBI has extended aggregate swap support worth USD 1.1 billion to the Maldives under the SAARC Swap Framework (launched in 2012).

Ministry of Culture Launches ‘VM Frames’, National Filmmaking Competition to Mark 150 Years of Vande Mataram 
In April 2026, the Ministry of Culture launched the ‘VM Frames’, a national filmmaking competition inviting especially youth to creatively celebrate India’s heritage, as part of the 150th anniversary of Vande Mataram, written by Bankim Chandra Chattopadhyay in 1875.
About VM Frames:
Aim: The competition seeks to rekindle pride in India’s shared heritage and inspire a renewed connection with the ideals that shaped its freedom and continue to guide its future.
Categories: The competition is open in three categories: Reels (under 1 minute), Artificial Intelligence(AI)-based films (up to 5 minutes), and Short Films (up to 15 minutes).
Rewards: Awards worth up to Rs.50 lakh will be presented across various categories.
Deadline: The last date for submission is May 7, 2026.

India and Japan Forge Data Partnership to Power AI-ready Smart Cities 
In April 2026, DataKaveri Systems, the commercial arm of Indian Institute of Science(IISc) Bengaluru’s Centre of Data for Public Good (CDPG), signed a Memorandum of Understanding (MoU) with ONESTRUCTION Inc., Japanese construction technology firm, to integrate construction data into Artificial Intelligence (AI)-ready urban data exchange across Indian and Japanese cities.

• The MoU was signed on the sidelines of the inaugural ‘Japan-India AI Strategic Dialogue’, co-chaired by Amit A. Shukla, Joint Secretary (Cyber Diplomacy), Ministry of External Affairs (MEA) and Hanada Takahiro, Deputy Assistant Minister for Cyber Security at Japan’s Ministry of Foreign Affairs, held in Mumbai, Maharashtra.

Key Details of MoU:
Digital Platform: As per the agreement, both organisations will jointly work to connect ONESTRUCTION’s openIBM platform, the globally recognised open data standard for construction information, with Intelligent Universal Data Exchange (IUDX) of DataKaveri, a platform already operational across 55 smart cities in India.
Key Target: This strategic partnership aims to make construction data such as: floor plans, utility layouts, and asset histories, flow securely into city-scale AI applications (apps).
Future Plans: Also, both firms will jointly explore AI use-cases focusing on combined construction and urban datasets, and pursue bilateral funding opportunities.

BharatGen and L&T Arms Sign MoU to Build India’s Sovereign AI Compute Platform
In April 2026, BharatGen Technology Foundation(BTF) signed a five-year Memorandum of Understanding (MoU) with the Larsen & Toubro (L&T) group entities L&T Semiconductor Technologies Limited (LTSCT) and L&T-Vyoma to jointly develop an end-to-end Sovereign Artificial Intelligence (AI) compute platform for India.

• The MoU was signed in the presence of Ajay Kumar Sood, Principal Scientific Advisor (PSA) to the Government of India (GoI).

Key Details of MoUs:
Approval: The initiative received approval under IndiaAI from the Digital India Corporation(DIC), Ministry of Electronics and Information Technology (MeitY).
Key Role:

• LTSCT: It will design Application-Specific Integrated Circuit (ASIC) and xPU (Processing Unit) platforms optimized for AI workloads focusing on high performance, energy efficiency, and scalable computing capabilities.
• L&T-Vyoma: It will provide AI/Machine Learning (ML) ready hyperscale data centre infrastructure including a 30 megawatt (MW) facility in Kanchipuram, TN for large-scale compute and orchestration.
• BTF: It will develop and deploy Large Language Models (LLMs), Large Multimodal Models (LMMs), and Small Language Models (SLMs) tailored for multilingual and India-specific use cases.

Collaboration: The BharatGen initiative unites leading institutions to develop generative Artificial Intelligence (AI) solutions tailored to India’s diverse and strategic needs.

INTERNATIONAL AFFAIRS

Overview of Union MoS Jitin Prasada Official Visit to Czech Republic from April 22 to 23, 2026
Union Minister of State (MoS) Jitin Prasada, Ministry of Commerce and Industry (MoC&I) undertook a two-day official visit to the Czech Republic from April 22 to 23, 2026, at the invitation of the Government of the Czech Republic.

• The visit aimed at bolstering bilateral trade, investment and industrial cooperation between the two countries.

Highlights of the Visit:
13th India-Czech JCEC: Union MoS Jitin Prasada, along with Czech counterpart Jan Sechter, co-chaired the 13th session of the India-Czech Republic Joint Commission for Economic Cooperation (JCEC), held in Prague, the capital city of the Czech Republic.

• During the event, both countries signed the protocol of 13th India-Czechia JCEC.

Business Forum: Also, Union MoS Prasada and Jan Sechter jointly  inaugurated the India-Czech Business Forum, organised in Prague to promote trade and investment between the two countries and further strengthen Business-to-Business (B2B) linkages.

BANKING & FINANCE

RBI Eases Forex Rules for Banks, Allows Related Party Hedging under USD 100 mn exposure cap 
In April 2026, the Reserve Bank of India (RBI) withdrew some of the restrictions imposed on the forex dealers taking positions in the offshore non-deliverable forwards market (NDF) to curb rupee volatility.
Initial Restriction: On 27 March 2026, the RBI capped bank’s net bank open positions in the offshore derivatives market at USD 100 million (Mn) to control volatility.
Further Ban: On 1 April 2026, the RBI further tightened by:

• Banning arbitrage trades,

• Prohibiting banks from offering non-deliverable forwards to corporate clients

Reason: The restrictions were imposed to curb one-sided positioning in the rupee and tighten control over speculative flows in the foreign exchange market.

Jio Financial Services & Allianz Sign Pact to Establish 50:50 Insurance JV in India
In April 2026, Jio Financial Services Limited (JFSL) signed a binding agreement to form a 50:50 Joint Venture (JV) with Germany’s Allianz Europe B.V., wholly-owned subsidiary of Allianz Group, for primary insurance including general insurance and health insurance business in India.
Key Details:
Background: The collaboration was first announced in July 2025, when both firms had signed a non-binding term sheet to explore equally owned JVs in both general and life insurance.
Key Goal: This strategic partnership aims to integrate JFSL’s digital distribution capabilities and reach with Allianz’s global underwriting and risk management expertise to  tap into India’s underpenetrated insurance market.
Other Key Collaboration: JFSL formed a 50:50 JV with Allianz Group, setting up Allianz Jio Reinsurance Limited to provide reinsurance services in India.

AWARDS & RECOGNITIONS

General Upendra Dwivedi Inducted into US Army War College International Hall of Fame
In April 2026, General Upendra Dwivedi, Chief of Army Staff (COAS) of Indian Army(IA), was inducted into the International Hall of Fame (HoF) of the United States Army War College (USAWC) at Carlisle Barracks, Pennsylvania, United States of America (USA).

• He received the honour during his official visit to the United States of America(USA), making the occasion both professionally and personally significant.

Criteria: The International HoF recognises military leaders for outstanding contributions to national security and global military cooperation.
Significance: General Upendra Dwivedi became the third IA Chief to be inducted into the USAWC International Hall of Fame after General V. K. Singh and General Bikram Singh, and is also a Distinguished Fellow and alumnus of USAWC.

APPOINTMENTS & RESIGNATIONS

ACC Extends Tenure of MDs & CEOs of BoI, BoB; ED of Indian Bank for 3 Years
In April 2026, the Appointments Committee of the Cabinet (ACC), chaired by the Prime Minister (PM) Narendra Modi, approved a three-year extension for Rajneesh Karnatak of Bank of India(BoI) and Debadatta Chand of Bank of Baroda(BoB) as Managing Directors (MDs) and Chief Executive Officers (CEOs).

• It also approved the extension of Ashutosh Choudhary as Executive Director (ED) of Indian Bank for another 3 years.

About the Extension:
Rajneesh Karnatak: His extended term will commence on April 29, 2026, following the completion of his initial tenure, and continue until 2029.
Debadatta Chand: The extension for Debadatta Chand will begin on July 1, 2026, extending his tenure until 2029.
Ashutosh Choudhary: He will continue in his role until May 2, 2029, extending his initial term that was set to end on May 2, 2026.
RBI Approval: In April 2026, the Reserve Bank of India (RBI) approved the re-appointment of P. N. Vasudevan as the MD & CEO of Equitas Small Finance Bank (Equitas SFB) for three years till 2029, effective from 23 July 2026.

Nasscom Appoints Srikanth Velamakanni as New Chairman 
In April 2026, the National Association of Software and Service Companies(Nasscom), an Information Technology (IT) industry body, appointed Srikanth Velamakanni, Co-Founder and Group Chief Executive of Fractal, as its new Chairman for the 2026–2027 term.
Highlights of Appointment:
Leadership Change: He succeeds Sindhu Gangadharan, Managing Director (MD) of SAP Labs India, who completed her term in April 2026.
Vice Chairperson: The NASSCOM Executive Council has also elected Kishor Patil, Co-founder, Chief Executive Officer(CEO) and Managing Director(MD) of KPIT Technologies, as the new Vice Chairperson.

SCIENCE & TECHNOLOGY

NASA Unveils ‘Roman Space Telescope’ to Probe Mysteries of Dark Matter
In April 2026, the United States of America (USA) space agency National Aeronautics and Space Administration (NASA) unveiled the ‘Nancy Grace Roman Space Telescope’, a powerful wide-field observatory designed to survey vast regions of the universe and detect planets beyond the solar system.
About Roman Space Telescope:
Purpose: It will also study dark matter and dark energy, unseen forces that make up about 95% of the universe.
Legacy: The telescope is named after Nancy Grace Roman, NASA’s first Chief Astronomer, often called the ‘mother of the Hubble Space Telescope’ for her pioneering role in advancing space-based astronomy.
Cost: The telescope was built at a cost of USD 4 billion (Bn) in more than a decade and will be positioned 1.5 million (mn) kilometres (kms) from earth to probe vast regions of space.
Data Flow: The telescope will transmit around 11 terabytes (TB) of data to earth each day.

Blue Origin Rocket Fails to Orbit AST SpaceMobile Satellite forces deorbit
On April 2026, Jeff Bezos’s space venture, Blue Origin launched AST SpaceMobile’s BlueBird 7 communications satellite, aboard its New Glenn rocket from Cape Canaveral Space Force Station, Florida(the United States of America, USA), but the mission failed to achieve the intended orbit during its third flight.
Mission Objective: Space-based cellular connectivity.
Mission Details:
Objective: The mission aimed to expand space-based cellular connectivity, with investigations underway to identify the cause and enhance reliability for future launches.
Engine Failure: The issue occurred during the second-stage burn (GS2), when one of the two BE-3U( (Blue Engine 3 – Upper Stage) hydrogen-fueled engines did not generate sufficient thrust. This resulted in the satellite being placed in an off-nominal orbit, making it unsuitable for its intended mission.
Rocket: New Glenn made its debut in January 2025, becoming the first commercial rocket to reach orbit on its maiden flight, followed by a second mission in November 2025 carrying satellites toward Mars.

SPORTS

India Selected for FIFA Women’s Development Programme on Commercial Strategy 2026
In April 2026, International Association Football Federation or Fédération Internationale de Football Association (FIFA) selected India as one of 12 countries for its Women’s Development Programme (Commercial Strategy 2026) following a successful application and presentation by the All India Football Federation (AIFF).

• The programme aims to strengthen the commercial viability, sustainability, and professional structure of women’s football globally.

About FIFA Women’s Development Programme 2026:
Countries: India is among 12 participating nations including Germany, Netherlands, Sweden, Scotland, Canada, Mexico, Finland, Ghana, Jordan, Lithuania, and Paraguay.
Timeline: The programme will be conducted online from May to October 2026 for stakeholders across India’s women’s football ecosystem.
Licensing: The initiative prepares clubs, including those in the Indian Women’s League (IWL), for the upcoming club licensing system by the Asian Football Confederation(AFC).

OBITUARY

Oscar-Winning Production Designer Dean Tavoularis Passed Away
In April 2026, Dean Tavoularis, the Oscar-winning production designer renowned for his influential work in cinema, passed away in Paris, France at the age of 93. He was born on May 18, 1932, in Lowell, Massachusetts, the United States of America (USA)
About Dean Tavoularis:
Career Highlights: He made his debut as art director with Bonnie and Clyde (1967) and is best known for his collaborations with Francis Ford Coppola on iconic films such as The Godfather, Apocalypse Now, and The Conversation.
Oscar Win: He won the Academy Award for Best Art Direction–Set Decoration for The Godfather Part II (1974) and received nominations for Apocalypse Now, Tucker: The Man and His Dream, The Godfather Part III, and The Brink’s Job.

BOOKS & AUTHORS

Former Army Chief General MM Naravane Launches Book “The Curious and The Classified”
In April 2026, General Manoj Mukund Naravane (Retd), former Chief of the Army Staff (COAS), launched his new book titled “The Curious and the Classified: Unearthing Military Myths and Mysteries,” published by Rupa Publications.

• He served as the 28th COAS from December 2019 to April 2022 and is also the author of The Cantonment Conspiracy (2025).

About the Book:
Overview: This non-fiction work explores the myths, memories, and lesser-known stories shaping the traditions of India’s armed forces, highlighting their history, courage, culture, and curiosity in uniform.
Legends: It traces the 17th–18th century Sikh Army origins of the popular cheer ‘Chak de Phatte’ and explores the enduring legend of Baba Harbhajan Singh, celebrated in military folklore.

IMPORTANT DAYS

Administrative Professionals Day 2026 – April 22
Administrative Professionals Day, also known as Secretaries Day, Admin Day, or Administrative Assistant Day, is observed annually across the globe on the Wednesday of the last full week in April to recognize and appreciate the contributions of administrative staff, including secretaries, assistants, and receptionists.

• In 2026, Administrative Professionals Day was observed on 22nd April 2026.
• Administrative Professionals Week (APW) is a week-long annual observance held during the last full week of April and in 2026 it is being observed from April 19 to 25, 2026.

Background:
Association: In 1942, the National Secretaries Association (now International Association of Administrative Professionals (IAAP)) was formed to promote professional development and attract talent, led by Mary Barrett, with contributions from C. King Woodbridge, Harry F. Klemfuss, and Daren Ball.
Declaration: The first National Secretaries Week was declared in 1952 by Charles W. Sawyer, United States Secretary of Commerce, and observed from 1st–7th June.

UN Spanish Language Day 2026 – April 23
The United Nations (UN’s) Spanish Language Day is observed annually on 23 April to promote awareness of Spanish language, culture, and history among UN staff, while fostering multilingualism and cultural diversity across its member states.
Background:
 Establishment : In 2010, the United Nations (UN)’s Department of Global Communications introduced Spanish Language Day to celebrate the UN’s six official languages, Arabic, Chinese, English, French, Russian, and Spanish.
Initial Date:  The day was originally observed on October 12, coinciding with Spain’s National Day, marking Christopher Columbus’s arrival in the Americas, a milestone in the global spread of Spanish language and culture.
Date Shift : It was later moved to April 23 to honour Miguel de Cervantes Saavedra, the renowned Spanish author believed to have died on this date in 1616.

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