Dear Readers, Here we have given the list of Important Weekly Current Affairs of May 01st to 07th May 2025. Candidates those who are preparing for Upcoming SBIClerk 2025 and other competitive exams can make use of it.

Weekly Current Affairs May 01st to 07th PDF Download

CURRENT AFFAIRS: IMPORTANT DAYS

• International Jazz Day 2025 is observed on April 30, under UNESCO patronage, to honour jazz music’s role in fostering peace, diversity, dialogue, and mutual understanding.
• International Labour Day 2025will be observed on May 1, a day dedicated to recognising the efforts and contributions of workers across sectors.
• World Tuna Day is observed every year on May 2.
• The 1st of May is celebrated every year as Maharashtra Day and Gujarat Day, and the year 2025 marks the 65th foundation day of both states.
• World Press Freedom Day is observed every year on May 3.
• Every year Coal Miners Day is celebrated on May 4.
• Every year World Laughter Day is celebrated on the first Sunday of May and this year World Laughter Day falls on the 5th of May.
• Every year World Asthma Day is celebrated on the First Tuesday of May. This year, World Asthma Day was celebrated on May 6.
• World Athletics Day 2025 is celebrated on May 7.

CURRENT AFFAIRS: NATIONAL NEWS

• The Ministry of New and Renewable Energy (MNRE)organized a National Workshop on “Opportunities for MSMEs in the Green Hydrogen Supply Chain” in New Delhi.
• The Ministry of Environment, Forest and Climate Change (MoEFCC)notified the Draft Gases Emissions Intensity (GEI) Target Rules, 2025.
• The Union Ministry of Agriculture and Farmers’ Welfarereleased detailed guidelines for establishing Bio-input Resource Centres (BRCs) under the National Mission on Natural Farming (NMNF).
• Ghaziabad Nagar Nigam (GNN)has become the first Urban Local Body (ULB) in India to issue a Certified Green Municipal Bond, raising ₹150 crore to fund an advanced Tertiary Sewage Treatment Plant (TSTP).
• The Department of Biotechnology (DBT)has completed Whole Genome Sequencing (WGS) of over 10,000 individuals across India under the GenomeIndia Project, representing the country’s vast population diversity.
• The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the development of the Shillong–Silchar Greenfield Corridoron National Highway-06 (NH-06) to enhance connectivity and infrastructure in Northeast India.
• The Union Cabinet has approved a Fair and Remunerative Price (FRP) of ₹355 per quintal for sugarcanefor the 2025–26 season, effective from October 1, 2025. 
• India’s Media & Entertainmentindustry is among the world’s fastest-growing sectors, and WAVES 2025 aims to position the country as a digital and cultural superpower by blending storytelling, innovation, and entrepreneurship.
• The Election Commission of India(ECI) began a two-day capacity-building training programme for 369 grassroots-level election officials from Bihar, Uttar Pradesh, Delhi, and Haryana.
• India reaffirmed its leadership in environmental governanceat the BRS COPs 2025 in Geneva, held from 30th April to 1st May.
• Union Home Minister Amit Shah unveiled a 9-feet statue of Bodofa Upendranath Brahma in New Delhi.
• Prime Minister Narendra Modiinaugurated the Vizhinjam International Deepwater Multipurpose Seaport in Thiruvananthapuram, Kerala, coinciding with Adi Shankaracharya’s birth anniversary.
• India has emerged as a major contributor to a key breakthrough in the ITER project— the world’s most ambitious nuclear fusion initiative — by supplying the massive cryostat and related technologies.
• NITI Aayog, in collaboration with the Institute for Competitiveness (IFC), has published “Enhancing Competitiveness of MSMEs in India,”a detailed assessment of the challenges facing Micro, Small, and Medium Enterprises (MSMEs).
• India has become the first country in the worldto officially launch genome-edited rice varieties.
• Hyderabad-based fintech firm Goldsikkahas introduced India’s first AI-integrated Gold-Melting ATM, revolutionising the way gold is bought, sold, and monetised.
• The Central Bureau of Investigation (CBI), in collaborationwith global law enforcement agencies, successfully dismantled cybercrime networks targeting minors through Operation Hawk 2025.
• Prime Minister Narendra Modivirtually inaugurated the seventh edition of the Khelo India Youth Games (KIYG) in Patna, Bihar.
• India is set to take center stage at the 2025 World Bank Land Conference, which will be held from May 5th to 8th in Washington, D.C.
• The Central Government has launched the Cashless Treatment of Road Accident Victims Scheme, 2025, offering free trauma care up to ₹1.5 lakh for those injured in road accidents across India.
• Union Civil Aviation Minister Rammohan Naidu Kinjarapu granted in-principle approval for two new Greenfield airports—one in Kota, Rajasthan, and the other in Puri, Odisha.

CURRENT AFFAIRS: INTERNATIONAL NEWS

• Prime Minister Narendra Modi will not attend Russia’s Victory Day celebrationsscheduled for May 9, 2025, in Moscow, Russia.
• Australian boatbuilder Incatlaunched the world’s largest electric-powered ship on May 2, 2025, a 130-metre (426-feet) aluminium catamaran named Hull 096.
• India and Angola have decided to expand their energy partnership, with India offering to share its expertise in digital public infrastructure, space technology, and capacity building with Angola.

CURRENT AFFAIRS: BANKING, FINANCE&BUSINESS

• The Reserve Bank of India (RBI)has launched three major surveys in May 2025 to gather consumer sentiment ahead of its upcoming monetary policy meeting scheduled for June 4–6.
• The Reserve Bank of India (RBI)has issued a directive requiring all regulated financial entities to use the PRAVAAH portal for submitting applications related to licences, authorisations, and approvals starting May 1, 2025.
• Airtel Payments Bankhas launched eco-friendly NCMC (National Common Mobility Cards) enabled debit and pre-paid cards.
• State Bank of India (SBI) signed a Memorandum of Understanding (MoU) with Land Ports Authority of India (LPAI)to enhance banking services at 26 land ports across India’s borders with neighboring countries.
• National Payments Corporation of India (NPCI) issued two circulars giving guidelines on application programming interfaces (APIs) that aim at reducing outages in the Unified Payments Interface (UPI).
• The Reserve Bank of India (RBI) acquired 57.5 tonnes of gold in FY25, marking its second-largest annual gold purchase since 2017.
• Fintech firm Razorpaylaunched India’s first Model Context Protocol (MCP) server for a payment gateway, enabling AI-driven systems to integrate directly with payment infrastructure.
• BookMyForex has introduced a single-currency Global Forex Card in USD, designed to facilitate international transactions without cross-currency charges or ATM withdrawal fees.
• Asian Development Bank (ADB) committed $5 billionin loans, grants, and assistance to India in 2024.
• Securities and Exchange Board of India (SEBI) Chief Tuhin Kanta Pandeyruled out the possibility of introducing an aptitude test for retail traders before they can trade in the Futures & Options (F&O)
• Deloitte has projected India’s GDP growthat 6.5-6.7% for the current fiscal year (2025), driven by tax incentives and domestic demand growth, despite an uncertain global trade environment.
• A working group of the Reserve Bank of India (RBI), chaired by Radha Shyam Ratho, reviewed trading and settlement timings and recommended extending call money market trading hours.
• The Reserve Bank of India (RBI)has sought the government’s approval to remove the cap on foreign banks using vostro accounts to buy short-term sovereign debt, aiming to boost rupee-denominated trade.
• S&P Global Ratings has revised India’s GDP growth projection for FY 2025-26 from 6.5% to 6.3%, citing uncertainty over the US tariff policy and downside risks to the economy.
• Goods and Services Tax (GST)collection rose 12.6% Y-o-Y to an all-time high of about ₹2.37 lakh crore in April 2025.
• As per the latest data released by the Reserve Bank of Indiaon services trade for March 2025, India’s total exports have touched an all-time high of US$824.9 billion in the financial year 2024–25.
• India Post Payments Bank (IPPB)emphasized its commitment to the welfare of Shramiks (labourers) on the occasion of Labour Day (May 01).
• Department of Posts (DoP)partners with SBI Funds Management Limited (SBIFM) to simplify the customer on-boarding process for mutual fund investors.
• Union Minister for Finance & Corporate AffairsNirmala Sitharaman will lead the Indian delegation at the 58th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) in Milan, Italy, from May 4 to 7, 2025.
• Aditya Birla Capital Digital Limited (ABCDL)has launched Digital Gold SIP, a systematic investment plan (SIP) that allows users to invest in digital gold.
• The Reserve Bank of India (RBI)added nearly 58 tonnes of gold in the financial year 2024-25 (FY25), bringing its total gold reserves to 879.59 tonnes.
• Shri M. Nagaraju, Secretary of the Department of Financial Services, Ministry of Finance, listed India’s first Mortgage-Backed Pass-Through Certificates (PTC)on the National Stock Exchange (NSE) on 5th May 2025.

CURRENT AFFAIRS: STATE NEWS

• Madhya Pradeshbecomes the first Indian state to launch an AI-based real-time forest monitoring system.
• In a major step towards wildlife conservation, India’s first inter-state cheetah corridoris set to be developed across Madhya Pradesh and Rajasthan, spanning a total area of 17,000 sq km.
• MaharashtraChief Minister Devendra Fadnavis has announced the development of India’s first EduCity in Navi Mumbai, aimed at hosting offshore campuses of prestigious global universities.
• Telangana will host the 72nd Miss World pageant from May 10 to 31, 2025, in Hyderabad, featuring delegates from 120 countries and live broadcasts in over 150 nations.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATION

• Mark Carney, a former banker and political newcomer, led the Liberal Party to a strong electoral performance and will continue as Prime Minister of Canada.
• Kamla Persad-Bissessar will be the next Prime Minister of Trinidad and Tobago.
• The Union Government has reconstituted the National Security Advisory Board (NSAB), appointing former RAW chief Alok Joshi as its new head.

• The World Bank has inducted Sunil Mittal, Chairman of Bharti Enterprises, into the Private Sector Investment Lab.
• Kapil Dev,former cricketer and captain of India’s 1983 World Cup-winning team, has been unveiled as the official brand ambassador of Sobo Mumbai Falcons.
• Deven Bharti,a 1994-batch IPS officer, was appointed as the new Commissioner of Police for Mumbai on April 30, 2025.
• Senior IAS officer N Saravana Kumartook charge as the Vice Chairman of Delhi Development Authority (DDA) on May 1, 2024.
• Rajiv Anand, Deputy MD of Axis Bankand a frontrunner for the CEO role at IndusInd Bank.
• Sanjay Khannaassumed additional charge as the Chairman and Managing Director (CMD) of BPCL, following the end of Krishnakumar’s tenure on April 30, 2025.
• Neeraj Kumar Gupta, a former IAS officer, has been appointed as Chairmanand Public Interest Director (PID) of NSE International Exchange (NSE IX).
• Indiahas nominated  Revathi, Joint Wireless Advisor at the Department of Telecommunications (DoT), as its candidate for the Director of the Radiocommunication Bureau at the International Telecommunication Union (ITU).
• Air Marshal Nagesh Kapoortook charge as Air Officer Commanding-in-Chief (AOC-in-C) of the South Western Air Command (SWAC).
• Lieutenant General Pratik Sharmaassumed the role of General Officer Commanding-in-Chief (GOC-in-C) of the Indian Army’s Northern Command.
• Shri Arvind Shrivastava took charge as the Secretaryof the Department of Revenue, Ministry of Finance on 18th April 2025.
• The Financial Services Institutions Bureau (FSIB)has recommended Sanjay Joshi for the post of Chairman-cum-Managing Director (CMD) of Oriental Insurance Company Limited (OICL).
• Poonam Guptatook over as the Deputy Governor of the Reserve Bank of India (RBI) on April 2, 2025.
• Shri Gyaneshwar Kumar Singhhas been appointed as the new Director General and Chief Executive Officer of the Indian Institute of Corporate Affairs (IICA), a think tank under the Ministry of Corporate Affairs, Government of India.
• Australian Prime Minister Anthony Albaneseled the Labor Party to a landslide victory in the 2025 general elections.
• The Indian government unexpectedly terminated the servicesof Krishnamurthy V Subramanian as Executive Director, India, at the International Monetary Fund (IMF), cutting his term short by about six months.
• The People’s Action Party (PAP), led by Prime Minister Lawrence Wong, secured a landslide victory in the 2025 General Election, winning 87 out of 97 seats.
• Praveen Soodis set to receive a one-year extension as Central Bureau of Investigation (CBI) Director due to a lack of consensus in the selection committee on appointing a new Director.
• Parameswaran Iyer, an executive director at the World Bank, has been temporarily appointed as India’s nominee directoron the International Monetary Fund (IMF)
• Greg Abel has been appointed as the new Chief Executive Officer (CEO) of Berkshire Hathaway Inc., effective January 1.
• Shri Prakash Magdum,1999-batch Officer of the Indian Information Service has assumed charge as the Managing Director (MD) of the National Film Development Corporation (NFDC).

CURRENT AFFAIRS: MOUs & AGREEMENTS

• The Ministry of Labour & Employmentsigned a Memorandum of Understanding (MoU) with Rapido in New Delhi, aiming to strengthen employment linkages in the logistics sector through the National Career Service (NCS) portal.
• The Ministry of Skill Development and Entrepreneurship (MSDE) hosted a high-level Egyptian delegation led by  Prof. Dr. Ayman Bahaa El Din, Deputy Minister of Technical Education in New Delhi, aiming to strengthen bilateral cooperation in technical and vocational education and training (TVET).
• GAIL India and CONCOR signed an MoUto assess the feasibility of using Liquefied Natural Gas (LNG) for CONCOR’s rail-based container transport fleet.
• India and Denmarkhave signed a renewed Memorandum of Understanding (MoU), deepening their collaboration in the energy sector.
• IBMand Tata Consultancy Services (TCS) have entered into a groundbreaking collaboration to advance India’s quantum computing industry.
• President João Lourenço of Angolaundertook a state visit to India, significantly boosting bilateral cooperation.
• At the 58th Asian Development Bank (ADB) Annual Meetingheld in Milan, Indian Finance Minister Nirmala Sitharaman met Italian counterpart Giancarlo Giorgetti to advance the India-Italy Joint Strategic Action Plan 2025–2029.
• Coal India Ltd(CIL) has entered into a Memorandum of Understanding (MoU) with Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL) to establish a 500 MW solar power project in Uttar Pradesh.

CURRENT AFFAIRS: AWARDS& HONOURS

• Satwiksairaj Rankireddy and Chirag Shetty, who secured the 1 rank in the Badminton World Federation (BWF) rankings in 2023 and clinched the Asian Games gold in Hangzhou, were awarded the Major Dhyan Chand Khel Ratna Award by  Dr. Mansukh Mandaviya, Union Minister of Youth Affairs & Sports, in New Delhi.
• Subhasish Bose was named the Men’s Player of the Year, while Soumya Guguloth took home the Women’s Player of the Year award for the 2024-25 season at the All India Football Federation (AIFF) Awards held in Bhubaneswar.

CURRENT AFFAIRS: RANKING & REPORTS

• Bloomberg has revealed its 2025 list of the Top 20 Wealthiest Families in Asia, with six Indian families featuring prominently.
• According to the IMF’s World Economic Outlook (April 2025), India has retained its position as the 4th largest economyin the world with a GDP of $4.39 trillion.
• CareEdge Ratings State Ranking 2025 has ranked Maharashtra, Gujarat, and Karnataka as the top three states in India.
• Tamil Nadu retained its position as the top exporter of textile goods in India during 2024-25, contributing $7.99 billion (26.81% share) to the country’s total textile exports of $36.61 billion.
• Indian Institute of Management (IIM) Bangalore has been acknowledged as the top business school among Indian institutions in the QS Executive MBA Rankings 2025.
• The World Press Freedom Index 2025, published by Reporters Without Borders (RSF), paints a concerning picture of the global media environment.
• India has seen a modest improvement in its ranking, rising 8 places to 151st in 2025 from 159th in 2024.
• Global HDI Growth:The 2025 Human Development Report reveals global HDI growth stalled at a 35-year low. Projections for 2024 indicate no substantial improvements.

CURRENT AFFAIRS: OBITUARY

• Jair da Costa, a member of Brazil’s 1962 FIFA World Cup-winning squad, has died at the age of 84, the Brazilian Football Confederation (CBF)
• Former Vice Chief of the ArmyLt Gen S Pattabhiraman has passed away at the age of 78.
• Professor Sunny Thomas, the national shooting coach during India’s golden era in shooting, passed awayat the age of 83 at his home in Uzhavoor, Kottayam.
• Mathew Samuel Kalarikal, renowned as the father of angioplasty in India,passed away at the age of 77 at Apollo Hospitals, Chennai.
• Girija Vyas, former Union Minister and veteran Congress leader, passed awayon May 2, 2024, at the age of 79.
• Baba Sivanand, a Padma Shri awardeeand renowned yoga practitioner, passed away at the age of 128 in Varanasi, Uttar Pradesh (UP).
• Jochen Mass, former Formula 1 driver, passed away at the age of 78 due to complications from a stroke he suffered in February.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

• A United Launch Alliance (ULA) Atlas V rocket successfully lifted off on 28 April from Cape Canaveral, initiating the full-scale deployment of Amazon’s Project Kuiper.
• Researchers have developed a cost-effective, metal-free porous organic catalyst for efficient hydrogen (H2) production by harvesting mechanical energy.
• A set of parachutes for the first uncrewed mission of India’s Gaganyaan spaceflight program was shipped from Agra on May 5, 2025.

CURRENT AFFAIRS: APPS & PORTALS

• The Election Commission of India (ECI)is developing a user-friendly digital interface for electors and stakeholders, including election officials, political parties, and civil society.

CURRENT AFFAIRS: DEFENCE NEWS

• The Defence Research and Development Organisation (DRDO)successfully carried out the maiden flight-trials of the Stratospheric Airship Platform on May 03, 2025.
• Pakistan successfully conducted a training launch of the Abdali Weapon Systemas part of Ex INDUS.
• The Defence Research and Development Organisation (DRDO)and the Indian Navy have successfully conducted combat firing of the Multi-Influence Ground Mine (MIGM) with reduced explosive.
• INS Shardahas arrived at Maafilaafushi Atoll, Maldives, for a Humanitarian Assistance and Disaster Relief (HADR) exercise scheduled from 04 to 10 May 2025.

CURRENT AFFAIRS: SPORTS NEWS

• Pankaj Advanibegan his campaign with a commanding 860–170 victory over Tathya Sachdev in Mumbai, constructing three century-plus breaks to assert his supremacy.
• The Olympic Council of Asiaapproved the inclusion of Mixed Martial Arts (MMA) for the first time and confirmed cricket will return for its fourth appearance at the Asian Games, to be held in Aichi and Nagoya, Japan from September 19 to October 4, 2026.
• In a landmark feat, a 12-member team of the Indo-Tibetan Border Police (ITBP)successfully summited  Makalu (8,485 m)—the world’s fifth highest peak—as part of its first-ever dual expedition also targeting Mt. Annapurna.
• The Kerala Cricket Association(KCA) has imposed a three-year suspension on former Indian cricketer S. Sreesanth following his public criticism of the association regarding Sanju Samson’s exclusion from the Indian squad for the upcoming ICC Champions Trophy.
• Amanpreet Singhof Punjab secured the gold medal in the 25m Centre Fire Pistol event with a score of 587 at the 23rd Kumar Surendra Singh Shooting Championship, held at the Madhya Pradesh Academy.