NPCI Reports Record Surplus of ₹1,552 Crore in FY25 with Revenue Reaching ₹3,270 Crore

NPCI Reports Record Surplus of ₹1,552 Crore in FY25 with Revenue Reaching ₹3,270 Crore

The National Payments Corporation of India (NPCI) has witnessed a significant 42% increase in standalone net profit (termed as ‘surplus’) to ₹1,552 crore for FY25 as per provisional data from ICRA. Additionally, the organization saw a 19% rise in revenue, amounting to ₹3,270 crore for the fiscal year ending March 2025. This growth highlights NPCI’s … Read more

Tata Group Makes History as India’s First $30-Billion Brand

Tata Group Makes History as India’s First $30-Billion Brand

Tata Group has achieved a significant milestone by becoming India’s first brand to exceed the $30-billion mark in brand valuation, as per the Brand Finance India 100 report for 2025. With a remarkable 10% year-on-year growth, the group’s brand value now stands at $31.6 billion, showcasing the increasing global influence of Indian brands. Key Highlights … Read more

China Discovers New Bat Viruses with Potential to Infect Humans

China Discovers New Bat Viruses with Potential to Infect Humans

In a recent breakthrough, scientists found two new henipaviruses in bat kidneys in China’s Yunnan province that resemble the deadly Nipah and Hendra viruses, capable of causing severe illnesses in humans. This discovery highlights the potential zoonotic threats and the importance of global vigilance for emerging diseases post-COVID. Why in News? A team of researchers … Read more

Credit Card Spending in India Surges by 14.5% in May 2025

Credit Card Spending in India Surges by 14.5% in May 2025

In May 2025, credit card spending in India witnessed a significant growth of 14.5%, totaling ₹1.89 trillion. This surge was fueled by the issuance of 760,000 new credit cards, with major banks like HDFC, ICICI, and SBI Cards leading the trend. Key Highlights Bank-Wise Performance HDFC Bank ICICI Bank SBI Cards Axis Bank Objectives and … Read more

Amaravati to Host India’s First Quantum Computing Valley by Early 2026

Amaravati to Host India’s First Quantum Computing Valley by Early 2026

In a significant development for India’s quantum technology landscape, Andhra Pradesh is set to establish the country’s inaugural Quantum Computing Valley in Amaravati by January 2026. This initiative, spearheaded by Katamneni Bhaskar, Secretary, ITE&C, aims to create a national innovation hub in alignment with the National Quantum Mission, facilitating quantum computing applications across various sectors … Read more

RBI Extends Trading Timings for Call Money, Repo, and TREP Segments

RBI Extends Trading Timings for Call Money, Repo, and TREP Segments

In a move to enhance market liquidity and operational flexibility, the Reserve Bank of India (RBI) has decided to extend trading hours for the call money, market repo, and Tri-Party Repo (TREP) segments. These changes are set to be implemented starting July 1, 2025, and August 1, 2025, respectively. Why is this Important? The RBI’s … Read more

10 Years On: How AMRUT Reshaped Urban India

10 Years On: How AMRUT Reshaped Urban India

India commemorates a decade of the Atal Mission for Rejuvenation and Urban Transformation (AMRUT), launched on June 25, 2015, to uplift urban living standards by enhancing water supply, sewerage, green spaces, and urban mobility. With over 2 crore tap connections, 1.5 crore sewer links, and projects worth ₹2.73 lakh crore sanctioned, AMRUT stands as a … Read more

‘ECoR Yatra’ App: Enhancing Rath Yatra 2025 Pilgrimage Experience

'ECoR Yatra' App: Enhancing Rath Yatra 2025 Pilgrimage Experience

The East Coast Railway (ECoR) has introduced the ‘ECoR Yatra‘ mobile app to enhance the pilgrimage experience for Rath Yatra 2025 pilgrims. This real-time digital solution, available on the Google Play Store, provides comprehensive information on railway services, accommodations, and passenger amenities. Why ‘ECoR Yatra’ App is Essential for Rath Yatra Pilgrims The ‘ECoR Yatra‘ … Read more

Shubhanshu Shukla: India’s Astronaut on SpaceX Falcon 9 to ISS

Shubhanshu Shukla: India's Astronaut on SpaceX Falcon 9 to ISS

Group Captain Shubhanshu Shukla embarked on a historic journey to the International Space Station (ISS) aboard SpaceX’s Falcon 9 Block 5 on 25 June 2025. This momentous event marks the first time an Indian will reside and work onboard the ISS. A Glimpse into Shubhanshu Shukla’s Background Shubhanshu Shukla, born on 10 October 1985 in … Read more

Empowering Slow Learners: ‘Vidya Shakti’ Initiative in Andhra Pradesh

Empowering Slow Learners: ‘Vidya Shakti’ Initiative in Andhra Pradesh

On June 25, 2025, Andhra Pradesh introduced ‘Vidya Shakti’, a program aimed at helping slow learners in government schools. This initiative focuses on enhancing academic performance, reducing dropout rates, and increasing enrollment to promote inclusive education. Overview of ‘Vidya Shakti’ Initiative ‘Vidya Shakti’ is an online remedial education program targeting students who are facing challenges … Read more

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