Daily News One Liner: 20-May-2025
- The Inland Waterways Authority of India (IWAI) has approved significant projects, including the development of National Waterway-2 and the extension of National Waterway-64, to enhance inland water transport in India.
- Union Home Minister Amit Shah inaugurates an upgraded OCI portal to streamline services for over 5 million cardholders.
- Union Minister Chirag Paswan inaugurates IBSM in Patna, attracting over 70 international buyers from 20 countries to explore sourcing opportunities in Bihar’s agri-food sector.
- Union Agriculture Minister Shri Shivraj Singh Chouhan launches the ‘Viksit Krishi Sankalp Abhiyan’, a campaign to enhance agricultural productivity and bridge the gap between research and farmers.
- Inox Green Energy Services has secured operations and maintenance (O&M) contracts for 285 MWp of solar projects, elevating its solar O&M portfolio to 1 GW within a month of entering the sector.
- Bhutani Infra and Yashoda Hospital have partnered to develop a 1.5 million sq ft AI-integrated mixed-use campus in Greater Noida, with an investment of ₹1,000 crore.
- The Government of India has announced an additional investment of ₹1,000 crore for inland waterways projects in Assam and the Northeast, aiming for completion by 2026.
- India’s recent import restrictions on Bangladeshi goods via land routes are projected to create a ₹1,000–2,000 crore opportunity for the domestic textile industry.
- States’ capital expenditure (capex) in India grew by 9% in FY25, reaching ₹6.65 lakh crore, as they aimed to maintain fiscal deficits at 3% of GSDP amid slower tax revenue growth.
- India’s export prospects remain uncertain, with the trade deficit projected to widen to 1.2% of GDP in FY26, according to a report by Union Bank of India.
- SBM Bank India has partnered with ICICI Prudential Life Insurance to provide a comprehensive range of life insurance products to its customers.
- The Reserve Bank of India (RBI) has granted in-principle approval to Emirates NBD Bank PJSC to establish a wholly owned subsidiary in India by converting its existing branches in Chennai, Gurugram, and Mumbai.
- State Bank of India achieved a record net profit of approximately USD 9.2 billion for the fiscal year ending March 2025, propelled by its digital platform, YONO, despite a relatively small user base.
- India and the Maldives have signed 13 Memorandums of Understanding (MoUs) under the High Impact Community Development Project (HICDP) Phase III, backed by a grant of MVR 100 million, to improve ferry services, expand maritime connectivity, and uplift community livelihoods across the Maldives.
- Union Home Minister Amit Shah inaugurated the Pallav Bridge and laid the foundation for 94 public-centric development projects worth ₹1,593 crore in Ahmedabad and Gandhinagar on May 18, 2025.
- Nippon Steel plans to invest $14 billion in U.S. Steel, including up to $4 billion for a new steel mill, contingent on approval from the Trump administration for its proposed acquisition of U.S. Steel.
- Dr. Jayant Vishnu Narlikar, a distinguished Indian astrophysicist and science communicator, passed away at the age of 87 in Pune on May 20, 2025.
- Bollywood actors Ananya Panday and Ishaan Khatter have been featured in Forbes Asia’s prestigious 30 Under 30 list for 2025, acknowledging their significant contributions to the entertainment industry.
- Neeraj Chopra achieved a historic 90.23m throw in the men’s javelin at the 2025 Doha Diamond League, marking the first time an Indian has surpassed the 90-meter mark in international competition.
- International HR Day 2025, observed on May 20, highlights the pivotal role of Human Resources in fostering inclusive, AI-integrated, and future-ready organizations.
To download the detailed News PDF – Click here to enroll our Free Daily News Course
Click here to enroll the Free Hindu Editorial course
Click here to Enroll Beginner Reasoning Video Course for all Exams
Click here to buy Daily Hindu Editorial RC course – Mains level