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Daily Current Affairs

04 Aug 2025

Boat Tragedy off Yemen's Coast

04 Aug 2025 GS 1 Places in news & locations

Context: At least 68 migrants and refugees have died and 74 remain missing after a boat carrying 154 mostly Ethiopians capsized off Abyan province, Ye...

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Joint Sea-2025 Excercise

04 Aug 2025 GS 3 Defence

Context: China–Russia Naval Drills: "Joint Sea-2025" Date: August 3, 2025 Location: Sea of Japan (near Vladivostok, Russia) Duration: 3 days Ove...

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Volcano in Russia’s Far East Erupts After 450 Years

04 Aug 2025 GS 1 Geography

Key Facts: Name of Volcano: Krasheninnikov Location: Kamchatka Peninsula, Far Eastern Russia Last Eruption: 1550 AD — first eruption ...

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U.S. Stocks and Tax Implications in India

04 Aug 2025 GS 3 Economy

Legal Framework for Investing in U.S. Stocks from India Liberalised Remittance Scheme (LRS) introduced in 2004. Initially $25000 , Current...

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Hong Kong’s Regulation of Stablecoins

04 Aug 2025 GS 3 Economy

Context: New law: Stablecoins Ordinance comes into effect August 1, 2025. Issued by: Hong Kong Monetary Authority (HKMA). Makes it ille...

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World Bank Income Classification System

04 Aug 2025 GS 3 Economy

Purpose: To classify countries based on their Gross National Income (GNI) per capita for policy, research, and comparison purposes. Classifi...

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