NATIONAL UPDATES:
1. IIT Madras tops NIRF 2025 rankings
for record seventh time, IISc Bengaluru & IIT Bombay follow: IIT Madras has once again secured the top spot overall in the
NIRF 2025 rankings, followed by IISc Bengaluru (2nd) and IIT Bombay
(3rd).Among universities, IISc Bengaluru leads, while JNU and Manipal
Academy of Higher Education hold the 2nd and 3rd spots, with Manipal being the
first private institution to enter the top 3.In the colleges category, Hindu
College and Miranda House of Delhi University retained their 1st and 2nd
positions, followed by Hansraj College and Kirori Mal College.AIIMS Delhi
remains the top medical institute, while IIM Ahmedabad continues to lead in
management, followed by IIM Bangalore and IIM Kozhikode.In law, the National
Law School of India University, Bengaluru ranked 1st, followed by NLU
Delhi and NALSAR Hyderabad.In architecture & planning, IIT
Roorkee secured the top spot, followed by NIT Calicut and IIT Kharagpur,
highlighting the dominance of IITs in technical education.
2. Govt to Phase Out “Own Scribes” in
Competitive Exams by 2027, P: Government to
phase out “own scribes” system by August 2027 for differently-abled
candidates in exams like NEET, IIT-JEE, and UPSC, replacing it with
technological solutions and a scribe pool formed by Examining Bodies
(EBs).New DEPwD guidelines encourage candidates to use software-enabled
laptops; if refused, EBs will provide scribes. Bringing own scribes will be
gradually disallowed within two years.Move aimed at curbing misuse of scribes,
but disability rights activists caution against a one-size-fits-all approach,
stressing the need for investment in assistive technology, infrastructure, and
reasonable accommodations before implementation.
3. Sundeep Sikka Elected as AMFI
Chairman, Vishal Kapoor as Vice-Chairman: Sundeep
Sikka, CEO of Nippon Life India AMC, has been elected as the new chairman
of Association of Mutual Funds in India (AMFI) with immediate effect.Vishal
Kapoor, CEO of Bandhan AMC, has been elected as vice-chairman; he has been
on the AMFI Board since 2018 and chaired the ARN Committee since 2020.Sundeep
Sikka returns for his second term as AMFI chairman (first term: 2013–2015); the
previous chairman and vice-chairman were Navneet Munot and Anthony Heredia.
4. 5 September -Teachers’ Day: Teachers’ Day in India is celebrated annually on 5th September,
the birthday of Dr. Sarvepalli Radhakrishnan, the second President of India and
a renowned teacher and philosopher.The day honors the contribution of teachers
in shaping students’ lives and emphasizes the importance of education in
society.Schools and educational institutions organize cultural programs,
tribute events, and felicitation ceremonies for teachers.
INTERNATIONAL UPDATES:
1. Royal Bhutan Buddhist Temple
Inaugurated in Rajgir, Bihar to Strengthen India-Bhutan Ties: Inauguration of Royal Bhutan Buddhist Temple in Rajgir, Bihar,
conducted with traditional Bhutanese and Buddhist rituals, highlighting the
cultural and religious significance of the region where Lord Buddha performed
penance.Ceremony attended by key dignitaries, including Bhutanese Prime
Minister Tshering Tobgay, India’s Union Minister for Minority Affairs Kiren
Rijiju, and representatives from both countries.Strengthening India-Bhutan
ties, with the Bhutanese Prime Minister noting that the temple will further
enhance the friendship and cultural bonds between the two nations.
2. Citibank Appoints Kaustubh Kulkarni
as Co-Head of Asia-Pacific Investment Banking: Citibank has appointed Kaustubh Kulkarni as Co-Head of
Investment Banking for Asia-Pacific, covering Japan, North Asia, Australia, and
South Asia. He will join in December 2025 and be based in
Singapore.Kulkarni, a veteran with nearly three decades at JP Morgan, has held
leadership roles including India Country Officer, Head of Investment Banking in
India, and Co-Head of Southeast Asia Investment Banking.Alongside this, Citi
also appointed Deepak Dangayach as MD & Co-Head of Debt Capital Markets for
Asia and Australia, and earlier hired Vikram Chavali as MD, Head of Global
Asset Managers for Japan, Asia, and Australia.
3. 5 September – International Day of
Charity: International Day of Charity is observed
globally on 5th September to promote charitable efforts and raise
awareness about the importance of helping those in need.The day commemorates
the death anniversary of Mother Teresa, a Nobel laureate and iconic
humanitarian known for her selfless service to the poor.Activities on this day
include fundraising, awareness campaigns, volunteering, and community service
programs to support underprivileged communities.
OTHER UPDATES:
DEFENCE
1. DRDO’s DMRL Transfers Three Advanced
Defence Material Technologies to Industry Partners: DRDO’s Defence Metallurgical Research Laboratory (DMRL), Hyderabad,
transferred three advanced materials technologies to industry partners
through Licensing Agreements for Transfer of Technology (LAToT).The
technologies include: high-strength Radomes to BHEL (for missile systems),
DMR-1700 steel sheets/plates to JSPL (for defence applications), and DMR-249A
HSLA steel plates to BSP-SAIL (for naval vessels).DRDO Chairman Samir V Kamat
handed over the agreements and appreciated DMRL’s role in strengthening
industry-research collaboration for indigenous defence technologies.A pact was
signed with the Aircraft Accident Investigation Bureau (AAIB) to leverage
DMRL’s expertise and facilities for civil aviation investigations.
SCIENCE AND TECHNOLOGY
1. DPIIT Partners with Pfizer to Support
MedTech Startups Through INDovation Program: DPIIT
signs MoU with Pfizer Limited to accelerate the lab-to-market journey
of innovative healthcare products by providing financial and non-financial
support to startups.Pfizer INDovation program to support startups with grants
up to ₹60 lakh each for an 18-month tailored incubation program, offering
mentorship, infrastructure, global networks, and access to Pfizer’s R&D
facilities in Chennai.Focus on 14 MedTech startups working in screening,
diagnostics, health monitoring, and treatment enablers, targeting areas such as
non-communicable diseases, oncology, brain health, maternal and child health,
and immunisation.
2. India Unveils First Indigenous 32-bit
Vikram Processor at Semicon 2025: Vikram-32,
India’s first indigenously built 32-bit microprocessor chip, developed by
ISRO’s Semiconductor Laboratory (SCL), was presented to PM Narendra Modi at
Semicon India 2025 by IT Minister Ashwini Vaishnaw.The chip, designed to
withstand extreme space conditions, was successfully validated in space
during the PSLV-C60 mission, proving its reliability for future satellite
and launch vehicle applications.Fabricated at SCL’s 180nm CMOS facility in
Mohali, Punjab, the Vikram-32 demonstrates India’s rapid progress in
semiconductor self-reliance since the launch of the India Semiconductor Mission
in 2021.Beyond space missions, the Vikram-32 chip holds potential for defence,
aerospace, automotive, and energy sectors, symbolizing India’s rise as a global
player in the semiconductor value chain with investments of over ₹1.60 lakh
crore and 23+ supported design startups.
BANKING AND FINANCE
1. South Indian Bank Partners with
MoEngage to Boost Digital Innovation and Customer Engagement: South Indian Bank partnered with MoEngage to enhance customer
engagement through automation, advanced data analytics, and a unified
digital platform, reducing manual efforts.The partnership will focus on
reactivating dormant accounts, boosting engagement of inactive customers, and
improving mobile banking experiences with personalised in-app messaging and
targeted campaigns.MoEngage ensures regulatory-grade data privacy and AI-driven
personalisation, enabling secure customer data handling while maintaining
compliance with industry standards.
2. Bank of Baroda Launches ‘Bob Digi
Udyam’ to Provide Collateral-Free Digital Loans for MSEs: Bank of Baroda launched “Bob Digi Udyam“, a digital platform to
provide collateral-free working capital loans from above ₹10 lakh to ₹50 lakh
for Micro and Small Enterprises (MSEs).The platform uses automated, risk-based
scorecards leveraging MSEs’ digital footprints, enabling quick provisional
sanction within minutes, followed by processing through the TEJAS Loan
Origination System.Customers can apply via DIY digital mode or assisted branch
mode, with digital eligibility checks, risk assessments, and transparent loan
processing.The scheme offers Cash Credit and Overdraft facilities for 12
months, backed by CGTMSE cover, ensuring no collateral requirement for borrowers.
3. India’s FDI Rises 15% to USD 18.62 Billion in April–June FY25; US Inflows Nearly Triple*: FDI in India rose by 15% to USD 18.62 billion during April–June FY25, compared to USD 16.17 billion in the same period last year.FDI inflows from the US nearly tripled to USD 5.61 billion in April–June FY25, highlighting strong investor interest.Total FDI (equity inflows, reinvested earnings, and other capital) increased to USD 25.2 billion, up from USD 22.5 billion in April–June FY24.
No comments:
Post a Comment