Current affairs One Liner: 11-September-2025

  1. The 56th GST Council meeting removed the GST Compensation cess on coal and increased the GST rate from 5% to 18%, resulting in reduced overall tax incidence on coal and benefiting both producers and consumers.
  2. Telecommunications Consultants India Limited (TCIL) signed a MoU with Punjab National Bank (PNB) to enhance PNB’s IT infrastructure and fast-track digital transformation for improved customer services.
  3. Raksha Mantri Shri Rajnath Singh virtually flagged off the historic Tri-service all-women circumnavigation expedition ‘Samudra Pradakshina’ from Mumbai, marking a worldwide first.
  4. The Government of India and Asian Development Bank signed a $126.42 million loan agreement to promote climate-resilient and inclusive tourism development in the Tehri Lake region of Uttarakhand.
  5. India aims to establish a fully indigenous solar cell manufacturing ecosystem by 2028, with renewable energy capacity crossing 251.5 GW, driving employment, investment, and clean energy leadership.
  6. Prof. S. Siva Sathya of Pondicherry University received the National Teachers’ Award 2025 for her distinguished service and contributions in higher education.
  7. India’s demand for coking coal is expected to rise to 135 million tonnes by 2030 from 87 million tonnes in FY25, driven by steel sector expansion and self-reliance efforts.
  8. India aims to deploy 50 lakh rooftop solar systems under the PM Surya Ghar Muft Bijli Yojana, promoting clean energy adoption among households.
  9. The government launched a Rs 100 crore funding scheme to support startups deploying green hydrogen innovations in production, storage, and utilisation.
  10. India’s real estate market is projected to grow to USD 5–10 trillion by 2047, driven by urbanisation and economic growth.
  11. Hindustan Aeronautics Limited signed an agreement with ISRO and partners for technology transfer of the Small Satellite Launch Vehicle (SSLV).
  12. A FICCI-BCG report states artificial intelligence could contribute $157 trillion to global GDP by 2030, revolutionising multiple sectors.
  13.  Fitch Ratings upgraded India’s FY26 GDP growth forecast to 6.9% from 6.5%, citing strong real incomes, consumer spending, and investment support.
  14. India’s outbound FDI dropped to $2.1 billion in August 2025, down 38% year-on-year, according to Reserve Bank of India data.
  15. ICICI Bank and Amazon Pay renewed their co-branded credit card partnership for seven years, continuing to offer cashback and rewards to customers.
  16. S&P Global Ratings forecast a 4.2% decline in Indian banks’ dividend payouts for FY26 amid evolving financial conditions.
  17. IIM Ahmedabad inaugurated its first overseas campus in Dubai on September 11, 2025, marking a milestone in globalising Indian education and strengthening India-UAE collaboration.
  18. Prime Minister Narendra Modi hosted Mauritius Prime Minister Navinchandra Ramgoolam in Varanasi on September 11, 2025, to discuss deepening bilateral ties and regional cooperation.
  19. The Maharashtra government signed Memorandums of Understanding valued at Rs 1.08 lakh crore across sectors including IT, food processing, data centres, and logistics, aiming to create 47,000 jobs.
  20. The World Bank has approved a $212.64 million project to conserve ecosystems, reduce plastic pollution, and create employment opportunities for 100,000 people in Tamil Nadu and Karnataka.
  21. The 14th IGCF 2025 opened in Sharjah under Sheikh Sultan Bin Mohammed Al Qasimi’s patronage, featuring 237 speakers across 110 sessions on communication’s role in enhancing quality of life.
  22. Australia announced a $1.7 billion investment to acquire a fleet of Ghost Shark XL AUVs to enhance underwater surveillance and maritime security capabilities.
  23. Sathiyan Gnanasekaran and Diya Chitale emerged as champions in the senior men’s and women’s categories respectively at the National Ranking Table Tennis Championships 2025.
  24. Veteran actor Anupam Kher announced his fourth motivational book, “Different But No Less,” reflecting his life experiences and challenges during the making of his film ‘Tanvi The Great.’
  25. National Forest Martyrs Day is observed annually on September 11 to honour forest protection workers who lost their lives protecting India’s forests and biodiversity.
  26. World First Aid Day, observed annually on the second Saturday of September, promotes awareness and importance of first aid skills and timely emergency care.
  27. Oracle CTO Larry Ellison overtook Elon Musk to become the richest man globally, with a net worth of $393 billion following Oracle’s strong quarterly results.

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