News One Liner: 11-July-2025
- India’s solar energy capacity has increased by 4000 percent, reaching 227 GW, as highlighted by Union Minister Shri Piyush Goyal at India Energy Storage Week (IESW) 2025.
- Indian Navy will commission its first indigenous Diving Support Vessel (DSV) ‘Nistar’ on 18 July 2025 at Visakhapatnam.
- National Education Society for Tribal Students (NESTS) and Tata Motors Limited (TML) have signed an MoU to provide skill-linked education and employment opportunities to tribal youth.
- Union Minister Shri Jyotiraditya M. Scindia inaugurated the VTU-VRIF-TCOE Hub and Spoke Centre of Excellence in Bengaluru, focusing on deep-tech innovation and future-ready skills.
- The UK government will invest €163 million to acquire a 10.89 percent stake in Eutelsat, the Bharti Group‑backed satellite operator, as part of a €1.5 billion capital raise.
- India’s quick commerce market, valued at ₹64,000 crore in FY 25, is expected to reach ₹2 lakh crore by FY 28, driven by Tier‐II/III adoption and hyperlocal infrastructure.
- India’s Production-Linked Incentive (PLI) scheme has catalysed ₹7,343 crore in investments across the textile sector.
- A report by ICEA and Accenture highlights that policy interventions could enable India to build a USD 3.5 billion lithium-ion battery recycling and production ecosystem by 2030.
- IIFL Home Finance has secured a USD 100 million loan from the Asian Infrastructure Investment Bank to support affordable housing for economically weaker sections.
- Capital expenditure by major CPSEs and four key government entities rose by 25 percent year-on-year to ₹62,425 crore in June.
- All central government payments above ₹75 crore will be mandated to go through RBI’s e‑Kuber system starting 16 July 2025.
- Overseas investors repatriated approximately USD 97.7 billion in earnings from Indian investments in FY25.
- Telangana government cabinet approves amendment to provide 42 percent reservation for Backward Classes in local body elections via ordinance.
- Nvidia becomes the first publicly listed company to reach a USD 4 trillion market valuation, surpassing Apple and Microsoft.
- Prime Minister Narendra Modi’s visit to Namibia focused on enhancing cooperation in critical minerals, trade, defence, and digital payments.
- World Population Day 2025, observed on 11 July, calls for empowering youth to make informed family and reproductive choices.
- Federal Bank appoints Venkatraman Venkateswaran (59), previously Group President & CFO, as Executive Director for three years from 10 July 2025.
- Priya Nair, President of Beauty & Wellbeing at Unilever, will become the first woman MD & CEO of HUL on 1 August 2025.
- Six Indian cities—Bengaluru, Hyderabad, Delhi‑NCR, Mumbai, Pune and Chennai—are among the top 10 Asia‑Pacific tech talent hubs in 2025, as per Colliers.
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