Current affairs One Liner: 29-August-2025

  1. India’s Prime Minister Shri Narendra Modi attended the 15th India-Japan Annual Summit on 29-30 August 2025 in Japan. The leaders reiterated their commitment to strengthen bilateral cooperation across security, economy, technology, and people-to-people ties.
  2. The Department of Posts signed an MoU with MapmyIndia to integrate advanced location technology for enhancing India’s digital addressing system under the DIGIPIN initiative.
  3. Union Minister Shri Piyush Goyal launched the curtain raiser for Bharat Buildcon 2026, highlighting India’s rising industrial competitiveness and export potential in the building and construction sector.
  4. Shri Akash Tripathi launched the sixth edition of the State Energy Efficiency Index 2024, assessing the energy efficiency performance of 36 Indian states and UTs for FY 2023-24.
  5. The consolidated monthly accounts of the Government of India up to July 2025 were published, outlining revenue collections and expenditures.
  6. The NSO published the first quarter GDP estimates for FY 2025-26, showing a strong growth trajectory.
  7. India’s Department of Telecommunications auctioned spectrum worth Rs 17.23 lakh crore between 2010 and 2024 but managed to sell only Rs 5.64 lakh crore, resulting in a 32.7% revenue efficiency due to high reserve prices and reduced competition.
  8. Power Finance Corporation (PFC) and Japan Bank for International Cooperation (JBIC) signed a Rs 3,500 crore loan agreement to finance clean energy projects in India.
  9. Asset management company ALT launched India’s first Portfolio Management Service focused solely on Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
  10. Japan has extended funding worth ¥60 billion for the development of a bamboo-based biofuel refinery project in Assam as part of clean energy collaboration.
  11. Gold loans outstanding surged by 122% year-on-year to ₹2.94 lakh crore as on July 25, 2025, while the overall personal loans growth moderated to 11.9%.
  12. Jio Payments Bank plans to launch “Savings Pro,” India’s first savings account that auto-invests idle cash into overnight mutual funds for better returns.
  13. The RBI’s study shows muted investment sentiment among private corporate sector players and a 6% decline in total project costs in FY25.
  14. India expects an increase in outward remittances under the Liberalised Remittance Scheme (LRS) in FY26, primarily fueled by travel, education and investment activities abroad.
  15. Sumitomo Mitsui Banking Corporation and Yes Bank have invested in the Reserve Bank of India’s Fully Convertible Bonds, strengthening capital cooperation.
  16. Bihar Chief Minister Nitish Kumar has announced the Mukhyamantri Mahila Rojgar Yojana to provide one woman from each family financial assistance starting with ₹10,000 to start a venture, with additional support up to ₹2 lakh.
  17. The Maharashtra government has inked a memorandum of understanding with industries worth Rs 33,768 crore, slated to create 33,000 new jobs.
  18. The Single Window Clearance Mechanism (SIPB) of Andhra Pradesh approved 30 investment projects totalling Rs 53,922 crore to boost industrial growth.
  19. The Trump administration has approved an $825 million arms sale to Ukraine, reinforcing military support amidst ongoing conflict.
  20. Indian javelin star Neeraj Chopra secured the runner-up position at the prestigious Diamond League Final in Zurich.
  21. Weightlifter Ajaya Babu won the gold medal at the national championships, securing qualification for the 2026 Commonwealth Games.
  22. National Sports Day in India is celebrated annually on August 29 to honour sports legends and promote physical fitness.
  23. India appointed Dinesh K Patnaik as the new High Commissioner to Canada, enhancing diplomatic relations.
  24. Former RBI Governor Urjit Patel has been appointed as an Executive Director at the International Monetary Fund (IMF).
  25. The Unified District Information System for Education (UDISE) reports that India recorded over 1 crore teachers across schools for the academic year 2024-25.

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