NATIONAL UPDATES:
1. Rapido Launches ‘Ownly’
App, Enters Food Delivery with Zero-Commission Model: Rapido has launched ‘Ownly’, a standalone mobile app for food delivery, initially
servicing Koramangala, HSR, and BTM Layout, to compete with Swiggy, Zomato, and
Magicpin.The launch follows Rapido’s discussions with the National Restaurants
Association of India (NRAI), representing over 50,000 eateries, to finalise
terms for onboarding restaurant partners.Ownly will operate on a
zero-commission model, with restaurant partners paying the delivery fee for
orders within a standard radius of four kilometers or less.
2. IGNCA & BSIP Sign
Historic MoU to Unite Science and Culture on a Single Platform: The Indira Gandhi National
Centre for the Arts (IGNCA), New Delhi, and the Birbal Sahni Institute of Palaeosciences
(BSIP), Lucknow, signed an MoU
at IGNCA, marking India’s first initiative to integrate science and culture on
a unified platform.The collaboration aims to showcase India’s scientific
and cultural achievements to domestic and global audiences, preserve and
interpret heritage, and foster awareness through innovative programmes.The MoU
was signed by Dr. Sachchidanand Joshi and Mahesh G. Thakkar, with Dr. Achal
Pandya (IGNCA) and Dr. Shilpa Pandey (BSIP) designated as nodal officers for
interdisciplinary research, joint events, and shared expertise.
3. Arintra Raises $21M Series
A Led by Peak XV to Expand AI-Powered Medical Coding Platform: Arintra, a
GenAI-powered medical coding platform, has raised $21 million in Series A funding led by Peak XV Partners, with
participation from Endeavor Health Ventures, Y Combinator, and others, to boost
nationwide adoption, product development, team expansion, and establish a Bay
Area HQ.The platform ensures accurate and efficient reimbursement for
healthcare providers through a proactive, outcomes-driven approach, enhancing
revenue assurance.Arintra has processed over $1 billion in healthcare charges,
with Mercyhealth reporting a 5.1% revenue increase, 43% fewer denials, and 32%
reduced costs using the platf
4. Former Chief Justice DY
Chandrachud’s first book, Why the Constitution Matters: The cover of “Why the
Constitution Matters”, the first book by former Chief Justice of India Justice D.Y. Chandrachud, has been unveiled;
it will be published by Penguin Random House by the end of August.Justice D.Y.
Chandrachud, who retired in November 2024 as the 50th Chief Justice of India,
was succeeded by Justice Sanjay Khanna (51st CJI) and later by Justice Bhushan
Ramakrishna Gavai (52nd CJI).The book highlights constitutional values through
Chandrachud’s landmark judgments on right to privacy, decriminalization of
homosexuality, and gender equality in the armed forces.
INTERNATIONAL UPDATES:
1. US-Russia Talks Impact India’s Russian Oil
Imports: The 2025
US-Russia summit in Alaska ended without a ceasefire
agreement for Ukraine. Russian President Vladimir Putin
emerged politically stronger while US President Donald Trump showed no
immediate follow-up on sanctions or concrete outcomes. The talks drew
global attention, especially from India, which closely watched the implications
for its trade and energy security amid ongoing US sanctions related to Russian
oil imports. The Russia-Ukraine war that began in 2022 has shaped global
geopolitics. The US imposed sanctions on Russia and its allies to pressure
Moscow to cease hostilities. Trump’s administration threatened tougher
sanctions but hesitated to act decisively. Putin used such summits to improve
Russia’s global image without making major concessions. Since 2022, India has
increased its imports of Russian crude oil. Initially less than 2% of India’s
oil came from Russia. Discounts offered by Russia amid Western sanctions made
it the largest crude supplier to India by 2025, accounting for 35-40% of
India’s oil imports. This shift helped India secure energy at competitive
prices.
2. Indian Phoenix Palms: Recent botanical research
has uncovered a new species of palm in India and reclassified existing ones
within the genus Phoenix. These findings stem from revisiting the 17th-century
work Hortus Malabaricus by Hendrik van Rheede. The study resolves longstanding
confusion about palms found across the Indian subcontinent and neighbouring
regions. The palm named Katou-Indel appears in Hortus Malabaricus, a monumental
17th-century botanical treatise on Malabar flora. Compiled by Hendrik van
Rheede with help from physician Itty Achudan, the work documents medicinal
plants of Kerala’s coast. The palm was later named Phoenix sylvestris by
William Roxburgh in the 19th century. A team from Jawaharlal Nehru Tropical
Botanic Garden and Research Institute (JNTBGRI) and Botanical Survey of India
(BSI) re-examined Katou-Indel. They confirmed that the palms in Kerala and Sri
Lanka belong to Phoenix sylvestris. They also reclassified three previously
distinct species—P. pusilla, P. farinifera, and P. zeylanica—as Phoenix
sylvestris.
3. India Achieves Historic Deep Ocean Dives
in Atlantic: India reached
a new milestone in ocean exploration in August 2025. Two Indian aquanauts
descended to depths of 4,025 and 5,002 metres in the Atlantic Ocean. This
achievement places India among fewer than six nations to explore such extreme
ocean depths. The expedition was part of an Indo-French collaboration using the
French submersible Nautile. It sets the stage for India’s upcoming Samudrayan
Mission, which aims to reach 6,000 metres using the indigenous
submersible MATSYA-6000 by 2027. The dives mark India’s
first ventures beyond 4,000 metres depth. They demonstrate India’s growing
scientific and technological capabilities in deep ocean research. The missions
contribute to the understanding of deep-sea environments and resource
potential. The success boosts India’s global standing in marine exploration and
supports its goal of becoming a leading economy. The expedition was conducted
with IFREMER, the French marine research institute. Indian aquanauts boarded
the Nautile submersible from the research ship L’Atalante near Portugal. This
collaboration provided valuable experience in deep-sea operations. It helped
Indian scientists gain expertise in piloting, sample collection, and managing
submersible systems. Such partnerships enhance knowledge transfer and encourage
international scientific cooperation.
4. US Supreme Court Upholds Mississippi
Social Media Age Law: The Supreme
Court recently declined to block a Mississippi law that requires age
verification and parental consent for social
media use by minors. This
ruling marks moment in ongoing legal battles over regulating online platforms
to protect children. The law aims to address concerns about social media’s
impact on youth mental health and safety. The law mandates that social media
companies verify users’ ages and obtain parental consent for minors under 18.
It also obliges platforms to make reasonable efforts to prevent minors from
accessing harmful content. Violations can result in fines up to $10,000. The
law targets safety issues like sexual abuse, trafficking, and exploitation.
Tech companies led by NetChoice, representing giants like Google, Meta, and
Snap Inc., challenged the law. They argued it violates the First Amendment by
restricting free speech and threatens user privacy. A federal judge initially
blocked the law, citing constitutional concerns. However, the 5th U.S. Circuit
Court of Appeals allowed enforcement while the case proceeds. The Supreme
Court’s recent refusal to stay the law means it remains active during
litigation.
OTHER UPDATES:
DEFENCE
1. India’s Demographic Mission: India in 2025 faces a
renewed focus on illegal immigration and its impact on national security and
social stability. Prime Minister Narendra Modi announced a high-powered
Demography Mission to address these concerns. The government is intensifying
identity verification and cracking down on suspected foreign nationals,
particularly from Bangladesh. This mission aims to prevent demographic shifts
that could destabilise border regions and undermine national security.
Demographic shifts in border areas are viewed as a direct threat to India’s
security. Infiltration and illegal settlement can lead to conflict and social
unrest. The government asserts that no nation should surrender to such
challenges. The mission is designed to prevent infiltration and protect the
sovereignty and unity of the country. It emphasises the need for vigilance and
strict enforcement of immigration laws. Illegal immigration is said to
disproportionately affect tribal and backward communities. Migrants allegedly
mislead adivasis and encroach upon their lands. This has socio-economic
consequences including loss of livelihood and cultural erosion. The
government’s mission seeks to protect these communities by preserving their
land rights and ensuring social harmony.
SPORTS
1. German Grandmaster Vincent
Keymer wins Quantbox Chennai Grand Masters 2025: German Grandmaster Vincent Keymer clinched the Quantbox
Chennai Grand Masters 2025 title with one round to spare, becoming
the first sole champion in the event’s history.With this victory, Keymer
entered the world’s Top 10 live rankings for the first time in his career.In
the Challengers section, GM Pranesh M leads with 6.5 points, followed by GM
Abhimanyu Puranik and GM Leon Luke Mendonca, who are just half a point behind.
SCIENCE AND TECHNOLOGY
1. AI-Powered ‘SabhaSaar’ to
Revolutionize Panchayat Meetings with Automated Summarisation: Union Minister Rajiv Ranjan Singh will launch ‘SabhaSaar’,
an AI-powered meeting summarisation tool by the Ministry of
Panchayati Raj, designed to automatically generate Minutes of Meeting (MoM)
from Gram Sabha and Panchayat meetings’ audio/video recordings.SabhaSaar,
powered by AI & NLP technologies, will transcribe discussions, capture key
decisions/action points, and provide structured minutes. Integrated with
Bhashini, it currently supports 13 Indian languages.The initiative aims to
strengthen participatory democracy and improve efficiency in local governance
by reducing manual documentation, ensuring transparency and accountability, and
allowing Panchayat officials to focus more on service delivery.
2. Jellyfish Swarms Disrupt Nuclear Power
Plants Worldwide: Recent
incidents have brought into light the growing challenge posed by jellyfish
swarms to nuclear power plants. Recently, France’s Gravelines Nuclear Power
Station temporarily shut down multiple reactors after jellyfish clogged its
cooling system. This event is part of a rising trend where marine life disrupts
critical infrastructure. Understanding the causes and impacts of these
disruptions is essential for energy security and environmental management.
Nuclear plants rely on large volumes of seawater to cool reactors. Intake pipes
draw water through grated screens designed to keep out debris and aquatic life.
When millions of jellyfish are drawn in during blooms, they clog these screens
rapidly. This blocks water flow, risking overheating of turbines, condensers,
and boilers. To avoid damage, plants must shut down reactors until the blockage
is cleared. Removing jellyfish is difficult and hazardous, sometimes taking up
to two days.
BANKING AND FINANCE
1. SEBI Allows IAs and RAs to
Use Liquid & Overnight Mutual Funds for Mandatory Deposit Compliance: SEBI has allowed Investment Advisers (IAs) and Research Analysts (RAs) to
use liquid and overnight mutual funds for fulfilling their mandatory deposit
requirements, offering an alternative to deposits with scheduled
banks.Overnight mutual funds are a type of debt mutual fund investing in
overnight securities, i.e., debt instruments with a maturity of just one
day.Currently, IAs and RAs are required to maintain a specified deposit with a
scheduled bank, marked as a lien in favour of IAASB or RAASB as applicable.The
move follows representations from industry participants and public consultation
feedback, with SEBI’s board approving the proposal in June 2025 and notifying
amendments to the relevant norms on August 6–7, 2025.
2. NPCI to Halt P2P UPI
‘Collect Requests’ from October 1 to Curb Frauds: NPCI has instructed banks and payment apps to stop all
peer-to-peer (P2P) UPI “collect requests” from October 1, 2025, in a
move aimed at curbing frauds, while the peer-to-merchant (P2M) collect feature
will remain unaffected.The UPI “collect” feature lets a user send a payment
request to another UPI user, who must approve it for the payment to be
processed; currently, the per-transaction limit is ₹2,000 and the daily successful
P2P credit transaction cap is 50.Fraud cases involving “collect requests” were
common in UPI’s early days but have declined sharply after NPCI capped the
transaction value to ₹2,000.UPI usage hit a record 19.47 billion transactions
worth ₹25.08 lakh crore in July 2025, up 35% and 22% y-o-y respectively, with
an average of 628 million transactions daily.
3. Generative
AI to Boost Banking Efficiency in India by 46%, Says RBI Report: The Reserve Bank of India
(RBI) reported that Generative
AI could enhance banking operations in India by up to 46%, improving
efficiency, customer understanding, and personalised services.The generative AI
segment in India is projected to
exceed ₹1.02 lakh crore (~USD 12 billion) by 2033, with an annual growth rate
of 28–34%.RBI highlighted that AI adoption across the financial services
sector is expected to directly boost revenue growth in the coming years.In
India, where millions lack formal banking access, AI can assess
creditworthiness using non-traditional data sources, expanding financial
inclusion.
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