Read Daily Current Affairs of 18 April 2025

Former Peruvian President Sentenced: Former Peruvian President Ollanta Humala has been sentenced to 15 years in prison for money laundering. His wife, Nadine Heredia, also received a 15-year sentence but has been granted asylum in Brazil.
Baisakhi Celebrated in Washington State Capitol: For the first time, Baisakhi was celebrated at the Washington State Capitol in Olympia. The event was hosted by the Consulate General of India in Seattle and attended by various state officials and members of the Sikh community.

RBI Enforcement Actions: The Reserve Bank of India (RBI) took 79 enforcement actions against banks and Non-Banking Financial Companies (NBFCs) in FY25, imposing a total of ₹33 crore in penalties. The highest penalty of ₹3.31 crore was imposed on J&K Bank.
UPI Transaction Limits Increased: The RBI has approved an update to the UPI framework, allowing the National Payments Corporation of India (NPCI) to raise transaction limits for person-to-merchant (P2M) payments2.

Type 5 Diabetes Recognized: A new type of diabetes, Type 5, has been officially recognized. This type is characterized by a unique set of symptoms and requires different management strategies.
Exercise DUSTLIK-VI: The joint military exercise DUSTLIK-VI between India and Uzbekistan is underway, focusing on counter-terrorism operations and enhancing bilateral military cooperation.

Baisakhi Celebrations: Baisakhi, marking the birth anniversary of Guru Gobind Singh Ji, was celebrated with great enthusiasm across India and abroad. The festival is significant for the Sikh community as it commemorates the founding of the Khalsa Panth.

Zaggle Receives NPCI Nod: Zaggle Prepaid Ocean Services Limited has received approval from NPCI to offer UPI services, enabling the integration of UPI-based payment solutions into its platform.

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Key Current Affairs of 18 April 2025