Current affairs One Liner: 20-August-2025
- India and the Eurasian Economic Union (EAEU) comprising Armenia, Belarus, Kazakhstan, Kyrgyz Republic, and Russia signed the Terms of Reference to officially begin negotiations for a Free Trade Agreement.
- National Industrial Corridor Development Corporation (NICDC) will support the Haryana government in developing a 2,988-acre Integrated Manufacturing Cluster (IMC) at Hisar, expected to create over 1.25 lakh jobs.
- The combined Index of Eight Core Industries (ICI) increased by 2.0% (provisional) in July 2025 compared to July 2024, with steel, cement, fertilizer, and electricity recording positive growth.
- The Ministry of Development of North Eastern Region (DoNER) monitors the utilisation of ten percent Gross Budgetary Support allotted by non-exempted Ministries/Departments for the development of the North Eastern Region, with an expenditure of Rs 6.11 lakh crore over the last 11 years.
- India’s National Supercomputing Mission (NSM) has deployed 37 supercomputers with a combined computing capacity of 40 petaflops, supporting over 10,000 researchers nationwide.
- The Department of Administrative Reforms and Public Grievances has been awarded the Rajbhasha Kirti Puraskar (First Prize) for the year 2024-25 in the category of Ministries/Departments with less than 300 personnel by the Department of Official Language, Ministry of Home Affairs.
- More than 400 top national athletes will compete for 24 gold medals in rowing, canoeing, and kayaking at the inaugural Khelo India Water Sports Festival (KIWSF) held at Dal Lake.
- Union Minister Nitin Gadkari announced the government’s goal to make India’s automobile industry the largest in the world within the next five years, enhancing its global competitiveness and economic contribution.
- India’s non-smartphone electronics exports reached over $14 billion in FY 2024-25, reflecting rapid growth driven by increased global demand and manufacturing capacity.
- NTPC Renewable Energy Ltd, a subsidiary of NTPC, commissioned 212.5 MW solar and 52.5 MW wind energy capacities, expanding India’s renewable power portfolio.
- India’s express logistics and courier sector is projected to grow to USD 18-22 billion by FY 2030, doubling from USD 9 billion in FY 2025, fuelled by growing e-commerce and improved infrastructure.
- The Finance Ministry convened a meeting with leaders of public sector banks (PSBs) to review their financial performance for Q1 2025-26, noting record profits and urging increased lending to productive sectors.
- A report by SBI projects that the Goods and Services Tax (GST) rate restructuring will boost India’s consumption by Rs 1.98 trillion over the coming fiscal year.
- Bank of Maharashtra has collaborated with SBI Card to introduce three new credit card variants aimed at enhancing digital payments and customer convenience.
- Retail investor participation in government securities (G-Secs) trading on the RBI Retail Direct platform surged over fivefold in August 2025 compared to previous months.
- India’s core sector growth slowed to 2% in July due to declines in the energy sector, reflecting mixed industrial performance.
- The Union Cabinet approved two major infrastructure projects worth ₹9,814 crore: a greenfield airport in Kota-Bundi, Rajasthan, and a six-lane Capital Region Ring Road in Odisha, enhancing regional connectivity and industrial growth.
- The Confederation of Indian Industry (CII) projects Bihar’s economy to expand to $1.1 trillion by 2046-47, driven by rapid industrialisation and infrastructure development.
- Chhattisgarh will highlight its rich cultural heritage, arts, and tourism potential at the Osaka World Expo 2025, promoting the state on a global platform.
- India and Vietnam Coast Guards agreed to deepen cooperation on combating maritime crime, enhancing search and rescue operations, and managing marine pollution.
- The Indian Parliament passed a bill establishing an Indian Institute of Management (IIM) campus in Guwahati to bolster management education in Northeast India.
- Nepal has partnered with TikTok to boost tourism through digital campaigns aimed at attracting global travellers by showcasing its cultural and natural heritage.
- Renowned Indian shooter Manu Bhaker clinched the bronze medal at the ISSF World Cup 2025, underscoring her form and India’s rising stature in shooting sports.
- Egyptian football star Mohamed Salah won the Professional Footballers’ Association (PFA) Player of the Year award for the third time, setting a new record.
- Parag Agrawal, former CEO of Twitter, has launched a new artificial intelligence startup focused on innovative AI solutions and technological advancement.
- World Mosquito Day raises awareness about mosquito-borne diseases and emphasizes preventive healthcare measures to combat global health risks.
- Women officers have taken leadership roles in five crucial departments of South Central Railway, reflecting progress in gender inclusion in a traditionally male-dominated sector.
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