News One Liner: 18-June-2025
- KVIC has disbursed over ₹300 crore in margin‑money subsidy to 11,480 service‑sector beneficiaries under PMEGP, corresponding to ₹906 crore in sanctioned loans—all via virtual launch on 17 June 2025.
- A 90‑member Indian Army contingent, largely from the Jammu & Kashmir Rifles, left for the 8th India-France joint exercise “SHAKTI”, paired with an equal-sized French detachment from the 13th Foreign Legion, in June 2025.
- The Ministry of Labour & Employment has extended social welfare schemes—medical aid up to ₹7.5 lakh and educational assistance of ₹1,000–25,000 per annum—to over 50 lakh unorganised workers in sectors like beedi, cinema, and mining.
- Union Railway Minister launched India’s largest specialized auto-freight terminal, Gati-Shakti Modal Cargo Terminal at Maruti’s Manesar plant, enhancing rail-road integration for automobile logistics.
- The IEA projects India will add 1 million barrels per day to global oil demand by 2030, making it the fastest-growing oil consumer amid robust economic and transport-fuel expansion.
- VinFast has tied up with Global Assure to deliver 24×7 call center, roadside assistance, mobile charging, and on-demand service for VF 6 and VF 7 EVs in India.
- BIS has raised toy-safety standards above global benchmarks—reducing hazards and enhancing exports—gaining traction for Indian manufacturers abroad.
- India’s gems and jewellery exports fell 15.81% to US $2.263 billion in May, driven by a 35.5% plunge in cut/polished diamonds, while gold jewellery rose 17.2% amid safe-haven demand.
- TRAI has mandated that PM-WANI broadband rates charged to PDOs must not exceed twice the consumer FTTH broadband tariff (≤200 Mbps), balancing affordability and fair provider compensation.
- UGRO Capital, a DataTech NBFC focused on MSME lending, will acquire Profectus Capital in an all-cash deal worth ₹1,400 crore, expanding its loan book, network, and profitability.
- Bank credit growth moderated to a three-year low of 8.97% YoY for the fortnight ending May 30, reflecting caution due to stress in unsecured and microfinance segments.
- Crisil projects debt recovery from stressed realty assets will increase to 38% in FY26, up from 22% in FY25, driven by strong sales and ARC-driven debt restructuring.
- Union Home Minister Amit Shah inaugurated the Integrated Control Room for Emergency Response (ICR‑ER), NDEM Lite 2.0, and Assam’s Flood Hazard Zonation Atlas, empowering disaster management with real‑time precision.
- UP government is creating 15 industrial zones over 764.31 acres across 11 districts, offering 872 plots to boost MSME-driven growth and help target a $1 trillion economy.
- Tamil Nadu has notified the Money Lending Entities (Prevention of Coercive Actions) Act, 2025, penalizing coercive recovery methods like intimidation and seizure to safeguard borrowers.
- China plans to nearly double nuclear power capacity to reach 200 GW by 2040, up from around 61 GW in 2024, underscoring its commitment to carbon neutrality and clean energy transition.
- The European Commission proposed a phased ban on Russian gas imports, starting in 2026 and fully operational by end‑2027, to bolster EU energy independence and cut ties with Russian energy.
- World Autistic Pride Day, marked annually on 18 June, promotes autistic acceptance, emphasizing neurodiversity, rights, and inclusive societies
- Zydus Healthcare Ltd (subsidiary of Zydus Lifesciences) has appointed Swati Dalal—former MD of Abbott India—as Managing Director for a five-year term from 16 June 2025.
- According to 360 ONE Wealth Creators Report, 93% of the ₹100 trillion wealth of India’s top 2,013 wealthiest individuals stems from listed companies, leaving only 7% from unlisted sources.
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