Current Affairs of 31 March 2025

National and International Current Affairs - March 31, 2025

Economy

• RBI Aims for ‘Goldilocks Conditions’: RBI Governor Sanjay Malhotra stated that the central bank will work with the government to balance inflation and economic growth through appropriate policies.
• India Raises Domestic Gas Prices: The Indian government increased the price of domestically produced gas by nearly 4% to $6.75 per mmBtu for April. This will benefit companies like ONGC and Oil India but will increase costs for industries, fertilizers, and city gas distribution.

Environment

• India to Face Intense Heat in April: The India Meteorological Department (IMD) has forecasted above-normal temperatures across most of the country, raising concerns about agriculture, water supply, and public health.

International Relations

• India Considers Removing Import Tax on U.S. LNG: To increase energy imports and reduce its trade surplus with the U.S., India is considering removing import taxes on liquefied natural gas (LNG) from the United States.

Social Issues

• Eid Celebrations Affected by Economic Struggles: Muslims in India celebrated Eid-al-Fitr, but rising costs and concerns over discrimination from certain groups dampened the festive mood.

Technology

• India Emerging as a ‘Third Way’ in Global Tech Governance: India is positioning itself as an alternative to the U.S. and Chinese technology models by exporting its digital public infrastructure (DPI) to other developing countries.