Current affairs One Liner: 23,24,25-August-2025
- Defence Research and Development Organisation (DRDO) successfully tested the Integrated Air Defence Weapon System (IADWS), showcasing India’s indigenous multi-layered aerial defence capability.
- Indian Council of Medical Research (ICMR) convened South and Southeast Asian nations to foster collaborative health research, aiming for sustainable regional health solutions.
- Prime Minister Narendra Modi will inaugurate SEMICON India 2025 on September 2 at Yashobhoomi, New Delhi, signifying India’s rising stature as a global semiconductor powerhouse.
- Department of Posts partnered with the Association of Mutual Funds in India (AMFI) to distribute mutual fund products across India through post offices, enhancing financial inclusion.
- Under the Government of India’s NAMASTE Scheme, over 85,000 sewer and septic tank workers have been profiled; more than 76,000 provided with PPE kits, and over 60,000 given Ayushman Cards for their safety and social empowerment.
- India’s power sector is transforming rapidly with record renewable energy capacity additions, placing the country on track to meet its 2030 green energy goals despite challenges like skill shortages and payment risks.
- NBCC won a Rs 3,700 crore contract from Rajasthan government to develop a 95-acre mixed-use project featuring a convention center, IT and GCC towers, hotels, and housing.
- The government reduced the minimum export price for natural honey from $2,000 to $1,400 per metric tonne to boost India’s global competitiveness till end 2025.
- Japanese bank Sumitomo Mitsui Banking Corporation (SMBC) received RBI approval to purchase up to 24.99% stake in YES Bank, marking a key foreign investment in the Indian banking sector.
- The government plans to provide Rs 25,000 crore financial support to exporters over six years under a new export promotion scheme to enhance global competitiveness.
- Securities and Exchange Board of India (SEBI) approved LIC’s status as a public shareholder in the ongoing IDBI Bank divestment, facilitating transparency and regulatory compliance.
- The sales growth of listed private NBFCs slowed to 5.5% year-on-year in Q1 FY26, reflecting market challenges amid evolving economic conditions.
- Fitch Ratings reaffirmed India’s sovereign credit rating at BBB, citing stable economic growth prospects and fiscal management.
- The Central Industrial Security Force (CISF) is set to induct its first-ever all-women commando team into frontline operational roles, with training underway for around 100 women personnel to be deployed in high-security establishments.
- India and Australia have completed another round of negotiations to advance a comprehensive free trade agreement, focusing on enhancing bilateral trade and economic cooperation.
- India and Fiji have exchanged seven bilateral agreements covering health, standardization, and capacity building to enhance cooperation and development.
- India and France have agreed to collaborate on developing the engine for India’s indigenous stealth fighter aircraft, advancing defense technology cooperation.
- Maersk’s subsidiary has secured a Rs 9,000 crore contract to develop three major ports, contributing to India’s port infrastructure growth.
- Norway has inaugurated the world’s first commercial facility for permanently storing captured carbon dioxide underground, advancing carbon capture and storage efforts.
- The Asian Shooting Championship 2025 is scheduled to be held on August 25 in Shymkent, Kazakhstan, featuring top shooters from the continent competing in various events.
- Sharvari Somnath Shende clinched the Under-18 gold medal at the 2025 World Youth Archery Championship, highlighting emerging Indian talent in archery.
- Rajiv Anand has assumed the role of Chief Executive Officer (CEO) at IndusInd Bank, marking a new leadership phase for the financial institution.
- Srinivasan K Swamy was elected as the President of the Advertising Agencies Association of India (AAAI), representing the advertising industry’s interests.
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