Your Daily 5 Current Affairs Compass

1. ​1. Union Cabinet extends PM SVANidhi scheme: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the restructuring and extension of the PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) Scheme until March 31, 2030. The scheme provides micro-credit to street vendors and aims to support their economic recovery and financial inclusion.
2. 2. US imposes 50% tariffs on Indian goods: The US has imposed new 50% tariffs on a range of Indian merchandise exports, a move that has escalated trade tensions between the two countries. The tariffs affect key labor-intensive sectors such as textiles, apparel, gems, and jewelry. In response, India is reportedly focusing on bolstering trade ties with other countries and accelerating domestic manufacturing.


3. ​3. Major developments in the ongoing Gaza conflict: International humanitarian organizations and the UN have expressed grave concern over the humanitarian crisis in Gaza, with the official declaration of famine in the region. Reports indicate ongoing Israeli military operations and strikes, leading to further civilian casualties and displacement, with international organizations calling for unimpeded aid flow.


4. ​4. BWF World Championships 2025: The BWF World Championships 2025 are underway in Paris, France. On August 28, top players advanced to the quarter-finals, including India's Satwiksairaj Rankireddy and Chirag Shetty in men's doubles and P.V. Sindhu in women's singles.
5. 5. BWF World Championships 2025: The BWF World Championships 2025 are underway in Paris, France. On August 28, top players advanced to the quarter-finals, including India's Satwiksairaj Rankireddy and Chirag Shetty in men's doubles and P.V. Sindhu in women's singles.                                                                                                               

 YouTube            WhatsApp         Instagram