NATIONAL UPDATES:
1. CCEA Approves Rs 8,146 Crore for 700 MW Tato-II Hydro
Electric Project in Arunachal Pradesh: The Cabinet
Committee on Economic Affairs (CCEA) approved Rs 8,146.21 crore
investment for the 700 MW Tato-II Hydro Electric Project in Arunachal
Pradesh, with an estimated completion time of 72 months.The project, a
joint venture between NEEPCO and the Arunachal Pradesh government, will
generate 2738.06 MU of energy, improving power supply in the state and helping
balance the National Grid.The state will receive 12% free power, 1% for Local
Area Development Fund, and infrastructure development, including roads,
bridges, hospitals, schools, and marketplaces funded by project allocations.
2. UIDAI Signs Agreement with Indian Statistical
Institute to Strengthen Aadhaar Security and Reliability: The Unique Identification Authority of India (UIDAI) has
signed an agreement with the Indian Statistical Institute for joint
research and development to further enhance the robustness, security and
reliability of Aadhaar operations.The agreement effective for a period of five
years, will cover areas such as fraud and anomaly detection, development of
biometric liveness detection tools, improvements in biometric matching
algorithms, and other priority areas.
3. Union Health Secretary Launches SHRESTH Initiative to
Strengthen State Drug Regulatory Systems:
Union Health Secretary Punya Salila Srivastava launched the State
Health Regulatory Excellence Index (SHRESTH) in New Delhi, stressing that
public health begins with the safety, quality, and efficacy of medicines.The
SHRESTH initiative by CDSCO aims to benchmark and strengthen state drug
regulatory systems through a transparent, data-driven framework, ensuring
consistent drug safety and quality standards.Srivastava called for strong
Centre–State collaboration and recognition of best practices to improve
medicine manufacturing and distribution across India.
4. SBI Leads Public Sector Banks in Education Loan
Disbursals; Maharashtra Tops State-Wise Chart: Over
the past three years, public sector banks have significantly
supported higher education financing in India, with State Bank of India
(SBI) leading by disbursing Rs 32,311 crore in education loans between FY
2022-23 and 2024-25.Maharashtra topped the state-wise education loan disbursal
chart with Rs 11,426 crore, followed by Kerala (Rs 8,938 crore) and Andhra
Pradesh (Rs 8,101 crore), reflecting strong demand for higher education funding
across major states. Despite large disbursals, repayment challenges remain,
with SBI reporting Rs 336 crore in Gross NPAs on education loans as of March
2025, indicating the need to strengthen loan recovery mechanisms nationwide.
INTERNATIONAL UPDATES:
1. 13 August – International Left-Handers Day: International Left-Handers Day is observed annually
on 13 August to celebrate the uniqueness of left-handed individuals
and raise awareness about their needs.The day was first celebrated in 1976 by
Dean R. Campbell, founder of the Left-Handers Club.Around 10% of the global
population is left-handed, often facing challenges in a predominantly
right-handed world.
2. 13 August – World Organ Donation Day: World Organ
Donation Day is observed every
year on 13 August to promote awareness about the importance of
organ donation.The day highlights how one donor can save up to eight lives by
donating vital organs like the heart, liver, kidneys, lungs, and pancreas.Theme
2025 – Answering The Call
OTHER UPDATES:
DEFENCE
1. Indian Navy to Commission INS Udaygiri & INS
Himgiri in Visakhapatnam: The Indian Navy will
simultaneously commission two
advanced frontline frigates, INS Udaygiri and INS Himgiri, on 26th
August at Visakhapatnam, marking the first time two major surface combatants
from different Indian shipyards are commissioned together.INS Udaygiri, the second Project 17A
stealth frigate, is built by
Mazagon Dock Shipbuilders Limited (MDL), Mumbai, while INS Himgiri, the first P17A ship
from Garden Reach Shipbuilders
& Engineers (GRSE), Kolkata.INS Udaygiri is the 100th ship designed
by the Navy’s Warship Design Bureau, highlighting India’s naval modernization
and the capability to deliver advanced warships from multiple shipyards.
SPORTS
1. Gill and Dunkley named ICC Players of the Month for
July 2025: India Test captain Shubman
Gill and England spinner Sophia Dunkley have been named
the International Cricket Council (ICC) men’s and women’s Player of the
Month for July, respectively.Gill bagged the Player of the Month award after a
stiff competition from England Test skipper Ben Stokes and South African
all-rounder Wiaan Mulder. This is his fourth Player of the Month honour, having
won previously in February this year and in January and September
2023.Meanwhile, Sophia Dunkley’s consistent run with the bat has seen her
clinch the ICC Women’s Player of the Month honour for the first time. She edged
out strong competition from her England teammate Sophie Ecclestone and Ireland
captain Gaby Lewis for the monthly award.
2. 64th Subroto Cup to Kick Off on August 19: The 64th Subroto Cup International Football Tournament will
begin with the junior girls’ (U-17) event on August 19 in
Delhi, concluding with the junior boys’ final on September 25.For the
first time, the tournament will be held across multiple cities, with Bengaluru
hosting the sub-junior boys’ (U-15) matches from September 2 to 11, along with
bone age-determination tests.Matches in Delhi-NCR will be played at Ambedkar
Stadium, Tejas Ground, Subroto Park, and Pinto Park, while Bengaluru matches
will be hosted at Air Force School (Jalahalli & Yelahanka) and HQ Training
Command Ground.A total of 106 teams, including participants from Nepal and
Sri Lanka, will compete, with seven players chosen for advanced football
training in Germany under the Indian Tigers & Tigresses campaign.
SCIENCE AND TECHNOLOGY
1. DPIIT Partners with Zepto to Boost Manufacturing
Startups through ‘Zepto Nova’ Innovation Challenge: The Department for
Promotion of Industry and Internal Trade (DPIIT) signed an MoU with Zepto to launch the ‘Zepto Nova’
Innovation Challenge to support and scale early-stage manufacturing
startups.A six-month program will mentor startups in hardware, IoT, packaging,
and sustainable manufacturing, helping them progress from prototype to
market-ready solutions using Zepto’s delivery and digital infrastructure.The
initiative will focus on women-led and Tier II/III startups, integrating over
100 Indian startups into Zepto’s supply chain with market access, expert-led
workshops, and Startup India assistance.
2. DPIIT Partners with Hero MotoCorp to Boost Early-Stage
Startups through ‘Hero For Startups’ Accelerator Program: DPIIT signed an MoU with Hero
MotoCorp to support and
scale early-stage startups and entrepreneurs through the ‘Hero For
Startups’ innovation accelerator program.The partnership focuses on startups
working in future mobility, clean technology, and deep technology, providing
access to Hero MotoCorp’s R&D facilities in India and Germany.Selected
startups will receive mentorship, access to Hero’s dealer and supplier network,
and opportunities for paid Proofs of Concept (PoCs) to pilot and scale their
innovations.
BANKING AND FINANCE
1. IDFC FIRST Bank Launches RemitFIRST2India: Zero-Fee
Digital Remittance Platform for NRIs: IDFC FIRST Bank launched RemitFIRST2India, a
next-generation digital remittance
platform enabling NRIs to send money to India quickly, securely,
and with zero transfer fees.NRI customers of IDFC FIRST Bank can use the Mobile
Banking App for transactions, while non-customers can onboard easily via a
paperless web portal.The platform, launched in partnership with SingX,
currently supports transfers from Singapore and Hong Kong, offers live
transaction tracking, and focuses on speed, transparency, and ease of use.
2. KSFE becomes first miscellaneous NBFC in India to
cross ₹1 lakh crore business turnover: Kerala State Financial Enterprises (KSFE) became
the first miscellaneous
non-banking financial company in India to achieve a ₹1 lakh crore business
turnover, doubling from ₹50,000 crore in just four years.To celebrate
this milestone, Chief Minister Pinarayi Vijayan will inaugurate the event
featuring the launch of the “KSFE Onam Samriddhi Gift Card” and the unveiling
of the new tagline “KSFE: The Courage of Kerala.”KSFE reported a profit of ₹512
crore in FY 2024-25, provided ₹504 crore in financial assistance through
interest waivers, contributed ₹920 crore to the state government, and holds
fixed deposits worth ₹8,925 crore in the state treasury.
3. India’s Retail Inflation Drops to Eight-Year Low of
1.55% in July: India’s
retail inflation eased to an eight-year low of 1.55% in July, down from 2.1% in June, marking
the lowest year-on-year inflation since June 2017, as per the Ministry of Statistics and Programme Implementation.Inflation
softened to 1.18% in rural areas and 2.05% in urban regions, while food
inflation dipped into deflation at 1.76%, the lowest since January 2019, with
rural food inflation at 1.74% and urban at 1.9%.The decline in headline and
food inflation is mainly due to favorable base effects and decreases in prices
of pulses and products, transport and communication, vegetables, cereals,
education, eggs, and sugar/confectionery.
4. Paytm Gets In-Principle Approval from RBI to Operate as Online Payment Aggregator: Paytm Payments Services Limited has received in-principle approval from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007.The approval is conditional on compliance with RBI’s guidelines on regulation of Payment Aggregators and Payment Gateways issued in 2020 and related clarifications from 2021.