Current Affairs Aug 2025
The Pradhan Mantri Jan Dhan Yojana (PMJDY), launched in 2014, has revolutionized financial inclusion in India, covering almost all households and empowering 90% of adults through direct benefit transfers and banking services. Financial Inclusion Revolution From Exclusion to Inclusion Gender Empowerment and Digital Reach RuPay Cards and Digital Usage Direct Benefit Transfer: No More Middlemen … Read more
In March 2026, South Korea will implement a ban on mobile phones in school classrooms to address concerns about youth social media addiction and academic distraction. Reasons for the Ban South Korea, known for its high digital connectivity rates, has witnessed issues related to digital dependency among its youth. The new law aims to tackle … Read more
Jammu & Kashmir Bank has named S Krishnan as the new non-executive chairman until March 2028, pending RBI approval. Krishnan, a veteran banker with over 40 years of experience, will lead the bank’s strategic initiatives. S Krishnan: A Veteran Banker with Proven Leadership S Krishnan, known for his extensive experience, holds a postgraduate degree in … Read more
The Union Cabinet has given its approval for India to host the Commonwealth Games 2030 in Ahmedabad. This decision aims to enhance sports, tourism, job opportunities, and national pride. Bid Proposal and Host City Readiness The Union Cabinet has officially approved India’s bid to host the Commonwealth Games (CWG) 2030, with Ahmedabad proposed as the … Read more
SpaceX achieves a major milestone with the 10th successful test launch of its Starship from Texas, advancing NASA’s Artemis III Moon mission. Key Highlights from the Test Launch Controlled Splashdowns and Re-Ignition These operations were crucial tests of reusability and precision landing systems—hallmarks of SpaceX’s long-term strategy to make space travel sustainable and affordable. First-Ever … Read more
As India faces the impact of the newly announced 50% US tariffs on labor-intensive exports, RBI Governor Sanjay Malhotra assures policy support for growth and affected sectors. He emphasizes liquidity management and investment revival needs. RBI’s Assurance of Liquidity and Growth Support During the FICCI-IBA annual banking conclave, Governor Malhotra highlighted the following key points: … Read more
India is projected to become the world’s second-largest economy in PPP terms by 2038, driven by youthful demographics, fiscal reforms, and rapid growth. India’s Economic Edge in a Shifting Global Landscape Youthful Demographics and Domestic Demand Fiscal Responsibility and Structural Strength Infrastructure, Innovation, and Technological Resilience India vs Other Global Giants Key Takeaways for Competitive … Read more
The 2025 Onam celebrations kickstarted with a vibrant Athachamayam procession in Tripunithura, showcasing Kerala’s traditional and modern art forms. Overview Kerala’s famed festival, Onam, commenced with a colorful Athachamayam procession in Tripunithura, marking the beginning of the state’s 10-day harvest festival. The event combined traditional customs with contemporary elements, promising a festive season like no … Read more
In a significant development, personal income tax collections in India have exceeded corporate taxes for the first time, indicating a shift driven by digitization, formalization, and increased tax compliance. Changing Composition of Direct Taxes Shift in Tax Contribution Patterns This transformation highlights: The Rise in Taxpayer Base TDS and Advance Tax as Key Revenue Drivers … Read more
Ravichandran Ashwin, the legendary Indian off-spinner, bids adieu to the Indian Premier League (IPL) after the 2025 season with CSK. His retirement paves the way for participation in overseas T20 leagues as per BCCI regulations. Let’s delve into his IPL journey and upcoming ventures. The End of a Glorious IPL Chapter In addition to his … Read more
Join Telegram
