Current affairs 20 April 2025

PM Narendra Modi will inaugurate the Vizhinjam International Seaport.

• The inauguration of Vizhinjam Port marks a pivotal step in India’s port infrastructure.
• The port’s location near major shipping lanes is set to reduce transit times for global trade.
• Kerala emerges as a key maritime hub through this high-impact Greenfield project.
• The PPP model reflects strong collaboration between government and private enterprise.

SBI Reviving the "Amrit Vrishti" FD Scheme with New Rates.

• SBI has brought back the Amrit Vrishti scheme to attract elderly investors seeking stable returns.
• The bank now offers slightly lower yet competitive rates for senior and super-senior citizens.
• General public investors will see modest returns under the revised 444-day FD plan.
• The absence of a deadline allows investors to join the scheme at their own pace

2 Cheetahs Will Relocated to Gandhi Sagar on April 20.

• India’s cheetah reintroduction project enters a new phase with two males set for Gandhi Sagar.
• Two male cheetahs (likely South African males Prabhas and Pavak) will be moved from Kuno to Gandhi Sagar on April 20, 2025.
• India celebrates high cub survival rates as cheetahs adapt better than global counterparts

India, Slovakia Sign Defence MoU to Boost Indigenous Manufacturing.

• The defence MoU marks a strategic first between India and Slovakia in April 2025.
• The agreement reinforces India’s Make-in-India push for defence self-reliance.
• Technology transfer from Slovakia will tailor systems to Indian operational needs.
• The partnership lays groundwork for future Indian defence exports to global markets.

SBI Card and Tata Digital Launch Co-branded Tata Neu SBI Card.

• SBI Card and Tata Digital have introduced two co-branded credit cards: Tata Neu Plus and Tata Neu Infinity.
• Cardholders can earn NeuCoins on purchases, redeemable via the Tata Neu app for various products and services.
• The Tata Neu Infinity card offers up to 10% rewards, while the Plus variant offers up to 7% on eligible spends.