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Current Affairs provides you with the best compilation of the Daily Current Affairs taking place across the globe: National, International, Sports, Science and Technology, Banking, Economy, Agreement, Appointments, Ranks, and Report and General Studies
SEMICON India 2025
Context:
Recently, the Prime Minister inaugurated SEMICON India 2025 in New Delhi, the country’s largest semiconductor conference, underscoring India’s ambition to become a global semiconductor hub.
SEMICON India 2025
• It was jointly organised by the India Semiconductor Mission (ISM) under the Ministry of Electronics and Information Technology (MeitY) and SEMI, the global semiconductor industry association.
• Theme for SEMICON 2025 is- “Building the Next Semiconductor Powerhouse”.
• This was the fourth edition of the conference, with three earlier editions held in Bangalore (2022), Gandhinagar (2023), and Greater Noida (2024).
Objectives of SEMICON India 2025
Significance of SEMICON India 2025
Vikram-32 Microchip
Context:
India’s semiconductor journey marked a historic milestone as the first set of Made-in-India chips from a pilot production line was presented to the Prime Minister during SEMICON India 2025.
More on the News
Key Features of Vikram 3201
Kapas Kisan Application
Context:
Union Minister of Textiles recently launched the Kapas Kisan application to facilitate seamless procurement of cotton from farmers under the Minimum Support Price (MSP) scheme.
More on the News
Key features of the Kapas Kisan Application
MSP for Cotton crop
About Cotton Corporation of India (CCI)
DIGIPIN
Context:
The Department of Posts (DoP) recently signed a Memorandum of Understanding (MoU) with Environmental Systems Research Institute (ESRI) India Technologies Private Limited to strengthen the DIGIPIN Initiative.
More on the News
• Under this MoU, DoP will be able to use ESRI India’s high-resolution imagery and street basemaps for its DIGIPIN portal.
• The collaboration will also enable the integration of DIGIPIN with ESRI India’s Living Atlas portal, thereby making it accessible to the larger GIS community. Further, ESRI India will provide technical support to the DoP for seamless integration of their services for DIGIPIN.
• This understanding aims to leverage ESRI India’s mapping solutions to support the development and implementation of DIGIPIN.
About DIGIPIN
• The DIGIPIN (Digital Postal Index Number) is an open-source, interoperable, geo-coded, grid-based digital address system.
• It is developed by the Department of Posts in collaboration with IIT Hyderabad and National Remote Sensing Centre (NRSC), ISRO.
• It is a cornerstone of the Department of Posts' vision to offer Address-as-a-Service (AaaS).
• The ‘Know Your DIGIPIN’ enables users to:
• Key Features:
India–European Free Trade Association Trade and Economic Partnership Agreement (India–EFTA TEPA)
Context:
The Free Trade Agreement (FTA) between India and the four-nation European Free Trade Association (EFTA) will come into force from October 1, 2025.
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Key Highlights of the Agreement
• Under the agreement, India has secured an investment commitment of $100 billion over 15 years from EFTA nations.
• The investment is expected to generate 1 million direct jobs in India.
• India has agreed to lower or eliminate tariffs on several imports from EFTA, such as Swiss watches, chocolates, cut and polished diamonds, biscuits, clocks, and machinery.
• India–EFTA two-way trade in 2024–25 was $24.4 billion, with Switzerland as the largest trading partner in the bloc.
About the European Free Trade Association (EFTA)
Hockey Asia Cup 2025
Context:
The Indian men’s hockey team were crowned Asia Cup 2025 champions with a convincing 4–1 victory over South Korea in the final, held at the Rajgir Sports Complex in Bihar.
More on the News
• With this win, India ended its eight-year wait to regain the Asia Cup title (last win in 2017, Dhaka) and secured direct qualification for the FIH Hockey World Cup 2026 to be held in the Netherlands and Belgium.
• It was the 12th edition of the Men’s Hockey Asia Cup, organised by the Asian Hockey Federation.
• It was held at the Bihar Sports University Hockey Stadium in Rajgir Sports Complex from 29 August to 7 September 2025.
• The official mascot is named “Chand”, inspired by the national animal tiger and the legendary hockey icon Major Dhyan Chand, who created history in the game by practising under moonlit nights.
Hockey Asia Cup
• The Asia Cup, organised by the Asian Hockey Federation since 1982, is held every four years and serves as a qualifier for the International Hockey Federation (FIH) Hockey World Cup.
• This was India’s 4th Asia Cup title, having previously won in 2003, 2007, and 2017.
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