News One Liner: 08-July-2025

  1. The Ministry of Ports, Shipping & Waterways has approved a ₹5,000 crore plan to enhance inland waterways infrastructure in Northeast India.
  2. The Project Monitoring Group cleared 18 large-scale projects worth ₹36 296 crore, including a ₹14 147 crore solar transmission scheme.
  3. Prime Minister Narendra Modi attended the 17th BRICS Summit in Rio de Janeiro, Brazil, stressing reforms in global governance and strong action against terrorism.
  4. NITI Aayog launched the Second Edition of the North Eastern Region District SDG Index (2023-24) highlighting significant improvement in SDG performance across the region.
  5. India sets a target of achieving a $300 billion bioeconomy by 2030, unveiled during World Bioproduct Day celebrations.
  6. Jindal India Limited receives approval for Rs 3600 crore steel project in Odisha’s Kalinga Nagar.
  7. Adani Realty to develop MHADA’s largest 142-acre Motilal Nagar redevelopment project in Mumbai.
  8.  IIT Madras sets up a Rs 200 crore venture capital fund to support emerging tech startups.
  9. India’s drone industry can unlock $23 billion manufacturing potential by 2030, per industry report.
  10. Public Sector Banks may soon eliminate penalties on non-maintenance of minimum balance in savings accounts.
  11. Adani Enterprises plans to raise Rs 1000 crore through Non-Convertible Debentures (NCDs).
  12.  India’s general insurance premium witnessed robust growth in June 2025.
  13. India’s securitisation market grew 9% year-on-year to Rs 49,000 crore in Q1 FY26.
  14. Andhra Pradesh launched the Quantum Valley project in Amaravati, aiming to attract $1 billion investment by 2029.
  15. Tamil Nadu becomes the first Indian state to adopt AI-based TB death prediction model.
  16. Suriname elects Rama Krishna Simons as its first-ever female president.
  17. India wins 8 medals at World Boxing Cup 2025 in Kazakhstan.
  18. World observes Global Forgiveness Day 2025, focusing on healing and reconciliation.
  19.  India surpasses China for the second consecutive year in biofuel consumption in 2024.

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