Daily News One Liner: 22-May-2025
- IREDA has been awarded an ‘Excellent’ rating by the Department of Public Enterprises (DPE) for FY 2023-24, ranking among the top 4 CPSEs and securing the No. 1 position in the Power and NBFC sectors.
- The iGOT Karmayogi platform has achieved over 1 crore registered users, reflecting a significant advancement in digital capacity building for Indian civil services.
- The Government of India has launched the PM E-Drive scheme with a ₹2,000 crore investment to install 72,000 electric vehicle (EV) public charging stations across the country, aiming to bolster sustainable transportation infrastructure.
- The Central Revenues Control Laboratory (CRCL) and IIT Delhi have signed a Memorandum of Understanding (MoU) to bolster scientific capabilities, promote ease of doing business, and enhance trade facilitation through advanced research and innovation.
- India has taken over the Chairmanship of the Asian Productivity Organization (APO) for the 2025–26 term during the 67th Governing Body Meeting held in Jakarta, Indonesia.
- The Union Government has announced an investment of ₹1,280 crore to upgrade the godowns of the Food Corporation of India (FCI) and Central Warehousing Corporation (CWC), aiming to bolster the nation’s food storage and distribution infrastructure.
- India has curtailed its gas-based power generation capacity by 20% over the past three months, bringing it down to 20.13 GW as of April 2025, in response to anticipated peak electricity demand during the summer season.
- Power Grid Corporation of India Ltd (POWERGRID) projects a capital expenditure of ₹3,06,600 crore by 2032, focusing on expanding its transmission network and related infrastructure.
- Tata Consultancy Services (TCS) has received an add-on Advance Purchase Order worth ₹2,903.22 crore from Bharat Sanchar Nigam Limited (BSNL) for the deployment of 4G networks across 18,685 sites in India.
- InsuranceDekho and RenewBuy have merged through a share swap, creating a combined entity valued at ₹7,400 crore, positioning it among India’s top three insurance distributors.
- Retail inflation for agricultural and rural laborers in India decreased slightly in April 2025, standing at 3.48% and 3.53%, respectively, compared to March’s 3.73% and 3.86%.
- Corporate investments in India saw a 7.6% increase in FY25, reaching ₹28.5 trillion, primarily driven by infrastructure-intensive sectors, according to a Bank of Baroda report.
- The Uttar Pradesh government has announced a ₹4,560 crore investment to upgrade and strengthen roads connecting key religious sites, aiming to boost religious tourism and provide safer, more convenient travel for pilgrims.
- On May 20, 2025, Mizoram was officially declared India’s first fully literate state, achieving a 98.2% literacy rate under the ULLAS initiative.
- On May 20, 2025, U.S. President Donald Trump announced the “Golden Dome,” a $175 billion missile defense initiative aimed at countering advanced threats, including hypersonic and space-launched missiles, with plans for deployment by the end of his term in January 2029.
- India experienced a loss of 18,200 hectares of primary forest in 2024, marking a slight increase from 17,700 hectares in 2023, according to data from Global Forest Watch and the University of Maryland.
- Aman Mehta, son of Torrent Pharmaceuticals Chairman Samir Mehta, has been appointed Managing Director, effective August 1, 2025, marking the third-generation leadership at the company.
- Banu Mushtaq’s short story collection Heart Lamp becomes the first Kannada-language book and the first short story collection to win the 2025 International Booker Prize.
- Sanjeev Chopra’s new book sheds light on former Prime Minister Lal Bahadur Shastri’s lesser-known but crucial contributions to India’s governance and the Congress party.
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