News One Liner: 25-June-2025

  1. Gujarat has become the first state to implement the Amended BharatNet Program, connecting 14,654 Gram Panchayats via optical fiber with 98% uptime, under a state-led model funded by Digital Bharat Nidhi.
  2. EXIM Bank hosted Trade Conclave 2025 on 24 June 2025, where FM Sitharaman inaugurated the event, highlighted TAP initiative, and issued Ubharte Sitaare sanction letters to SME exporters.
  3. From 15 June to 15 July 2025, India’s tribal outreach campaign DAJA reached 5.3 million tribals across 22,000+ camps in 100,000 villages, facilitating Aadhaar, Jan Dhan, health cards, and agricultural scheme enrolments.
  4. On 24 June 2025, MWCD and MSDE launched NAVYA, a skilling initiative under Viksit Bharat@2047, training adolescent girls through PMKVY and PM Vishwakarma, culminating in certificate awards from IIM Ahmedabad-led ToT sessions.
  5. Emmvee has secured a ₹1,500 crore order from KPI Green Energy to supply high-efficiency TopCon bifacial solar modules for a large solar installation in Gujarat.
  6. Hindalco, via Aditya Holdings LLC, has acquired 100% equity in US-based AluChem for $125 million (~₹1,075 crore) to strengthen its position in the global specialty alumina market.
  7. The Indian government is considering measures like extending repayment tenure and simplifying interest on Vodafone Idea’s ₹84,000 crore AGR dues to stabilize the telecom carrier.
  8. Union Communications Minister Scindia stated that India’s Wi‑Fi segment is expected to be worth $22 billion by 2035, driven by 6 GHz spectrum de-licensing and the PM-WANI initiative.
  9. The Reserve Bank of India has cut the Priority Sector Lending (PSL) requirement for Small Finance Banks (SFBs) from 75% to 60% of ANBC, unlocking ₹41,000 crore for lower-risk lending segments like housing, LAP, auto, and personal loans starting FY 2026.
  10. In May 2025, credit card spending climbed 14.5% year-on-year to ₹1.89 lakh crore, underpinned by strong performance from HDFC (+25%), SBI Cards (+22.8%), ICICI (+8%), and supported by 15% YoY holiday travel-related spending.
  11. S&P Global Ratings raised India’s GDP forecast for FY 2026 from 6.3% to 6.5%, citing stable monsoon, declining oil prices, tax relief, and resilient domestic demand, with a projected rise to 6.7% in FY27.
  12. Despite geopolitical tension and RBI’s hawkish tone, companies like APMDC, ICICI Bank, Samvardhana Motherson, Poonawalla Fincorp are lined up to raise over ₹10,000 crore through multi-year bond issuances this week.
  13. Tripura achieved 95.6 % literacy, becoming India’s third fully literate state; Uttar Pradesh announced rainwater harvesting installation in 2.35 lakh buildings; Germany plans to raise defense spending to 3.5 % of GDP by 2029.
  14. The Uttar Pradesh government is rolling out rainwater harvesting systems across 2.35 lakh government and semi-government buildings under the Catch the Rain‑2025 campaign, following installation in 34,000 buildings and 100 % completion in 16 districts.
  15. Germany plans to boost defence spending to 3.5 % of GDP by 2029, relaxing debt rules and significantly increasing borrowing to bolster the Bundeswehr amid rising security threats.
  16. India’s javelin ace Neeraj Chopra clinched first place at the 64th Ostrava Golden Spike meet with a top throw of 85.29 m, maintaining his unbeaten streak.
  17. Every year on June 22, World Rainforest Day promotes awareness of the critical role rainforests play in climate stability, biodiversity, and indigenous livelihoods, emphasizing urgent conservation action.
  18. Asia Healthcare Holdings has named Arvind N. Sivaramakrishnan as its new Chief Technology Officer to drive digital transformation and technology-enabled healthcare delivery in India and South Asia.
  19. India has been ranked 99th out of 167 countries on the 2025 UN Sustainable Development Goals (SDG) Index, marking its entry into the top 100 for the first time.

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