Current affairs 02 April 2025

Moody’s Projects India to Lead G-20 Nations with 6.5% Growth.

• Moody’s forecasts India’s 6.5% growth, the highest among G-20 nations, driven by tax measures and monetary easing.
• The report highlights India’s ability to attract capital and withstand cross-border outflows despite global economic challenges.
• Moody’s predicts a slight slowdown in growth for emerging economies but maintains strong performance for India.

Punjab to Launch First Leopard Safari at Jhajjar-Bachauli.

• Punjab govt plans to develop Jhajjar-Bachauli Wildlife Sanctuary into its first leopard safari and eco-tourism hub.
• The move, announced in the 2025–26 budget, aims to boost tourism and wildlife conservation.
• ₹10 crore allocated for developing Nangal as the state’s next major tourist destination.

India Bar Show: India's 1st International Bar & Beverage Trade Show.

• IBS 2025 in Gurugram (April 26-27) will be India's first international bar & beverage trade show, featuring exhibitions, masterclasses, virtual distillery tours, and networking events.
• Highlights include the International Classic & Flair Bartending Competition, Bar Queens Challenge, and IBS Award.
• The event will host prestigious bartending competitions and offer a platform for global talent.

Star Air Becomes First Indian Airline to Use Aviator Revenue System

• Star Air becomes the first Indian airline to adopt the Aviator Revenue Management system to maximize passenger revenue.
• The airline, based in Bengaluru, operates 9 Embraer aircraft and plans to expand its fleet to 25 by 2027.
• Star Air focuses on enhancing connectivity in Tier 2 and Tier 3 cities while targeting underserved markets.

Rajya Sabha Passes Protection of Interests in Aircraft Objects Bill.

• Rajya Sabha passed the Protection of Interests in Aircraft Objects Bill, 2025, making the DGCA the registry authority for aircraft registration and de-registration.
• Civil Aviation Minister highlighted India’s rise to the third-largest aviation market, with domestic passengers growing from 60.7 million in 2014 to 161.3 million in 2024.
• India’s aircraft fleet has grown from 359 in 2014 to 840.