Current Affairs Aug 2025
India’s largest life insurer, Life Insurance Corporation of India (LIC), reported a 5% rise in Q1 FY26 net profit to ₹10,987 crore. Premium income surged, NPAs reduced, and solvency ratio increased amidst regulatory changes. Premium Income and Policy Mix Improved Financial Health and Asset Quality Strong AUM and Market Position Key Takeaways for Competitive Exams:
In a significant move to address India’s housing shortage while promoting sustainability, the International Finance Corporation (IFC) partners with HDFC Capital Advisors to introduce a $1 billion fund dedicated to green affordable housing. The H-DREAM Fund, backed by IFC with a $150 million investment, aims to revolutionize urban housing development in India. The H-DREAM Fund: … Read more
The Parliament of India has recently passed the Carriage of Goods by Sea Bill, 2025, as a significant step towards modernizing the country’s maritime trade laws. This move aims to enhance the ease of doing business and streamline shipping trade regulations. Key Features of the New Bill Promoting Ease of Doing Business Economic Impact and … Read more
Global investment bank Goldman Sachs has lowered India’s growth projections for 2025 and 2026 due to escalating trade tensions with the United States, particularly following the imposition of a 25% tariff on Indian goods by President Donald Trump. The uncertainty surrounding this move could have a more significant impact on India’s growth than the tariffs … Read more
Chhattisgarh has emerged as a significant Ni–Cu–PGE mineral belt with a groundbreaking discovery in Mahasamund district, setting the stage for strategic mineral resource development in India. Strategic Mineral Hub Unveiled In a significant milestone, a potential Nickel–Copper–Platinum Group Elements (Ni–Cu–PGE) sulphide mineralisation deposit has been found in the Bhalukona–Jamnidih block of Mahasamund district, Chhattisgarh. This … Read more
The Delhi Legislative Assembly has made history as India’s first legislature to operate entirely on solar power. Alongside this green initiative, it has also embraced the NeVA platform for paperless functioning, setting a new standard for sustainable governance. Solar Power for Sustainability Blending Legacy with Modernisation NeVA – A Paperless Legislative Future The NeVA platform, … Read more
Punjab leads as the first state in India to empanel sign language experts under the Juvenile Justice Act and POCSO Act, ensuring inclusive access to justice for children with speech or hearing impairments. Breaking Barriers in Access to Justice District-Wise Deployment for Enhanced Support A Continuation of Progressive Measures Why This Initiative Matters Key Takeaways … Read more
The Republic of Moldova becomes the 107th member of the International Solar Alliance, strengthening global solar cooperation initiated by India and France after COP21 in 2015. Global Alliance for a Solar-Powered Future The International Solar Alliance, established in 2015 by India and France during the COP21 Climate Summit in Paris, focuses on mobilizing solar energy … Read more
In a significant move, India and Russia signed a protocol at the 11th Working Group session to enhance collaboration in key sectors like aluminium, fertilizers, railways, aerospace, and mining technologies. Reinforcing Strategic Economic Ties The co-chairs, Amardeep Singh Bhatia from India’s DPIIT and Alexey Gruzdev from Russia’s Ministry of Industry and Trade, led the session … Read more
The Philippines has agreed to boost imports of Indian food products, lifting restrictions on Basmati rice, to enhance trade and food security. Strategic Bilateral Trade Move Diversifying Supply Chains Basmati Rice Import Restrictions Lifted Economic and Trade Benefits Win-Win Situation The agreement signifies a significant step in Indo-Philippine relations, fostering cooperation in agriculture, trade, and … Read more
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