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Weekly Current Affairs
Published on 17 Aug 2025
- AIM and Bhashini partner to promote innovation in Indian languages and bridge the digital divide.
- RBI grants AU Small Finance Bank approval to become a universal bank, expanding its national presence.
- Philippines delegation led by Agriculture Secretary Francisco P. Tiu Laurel Jr. agrees to increase imports of rice, meat, and other food products from India.
- Trump announces 100% tariff on chips from companies not investing in the U.S., hitting Asian markets hard.
- Reliance Industries creates 5x shareholder value over a decade with massive growth in market cap and profits.
- PayMate enters Indonesia with $400 million acquisition of DigiAsia.
- PM Modi inaugurates Bengaluru Metro Yellow Line, lays Phase-3 foundation.
- Cabinet approves ₹30,000 crore compensation for OMCs’ domestic LPG losses.
- MakeMyTrip launches ‘Myra,’ an AI-powered multilingual travel assistant.
- ICICI Bank hikes minimum monthly balance for new savings accounts to ₹50,000.
- Tata’s Nelco and France’s Eutelsat will provide OneWeb satellite internet services in India.
- Aadhaar Face Authentication transactions doubled from 100 crore to 200 crore in just six months.
- Kerala’s KSFE became the first miscellaneous NBFC in India to cross ₹1 lakh crore turnover.
- Lok Sabha passed the revised Income Tax Bill 2025, expanding officials’ powers for search operations.
- DPIIT signed an MoU with Zepto to support manufacturing startups under the Zepto Nova Innovation Challenge.
- ONGC will invest ₹4,600 crore in Andhra Pradesh’s KG Basin for drilling, offshore platforms, pipeline, and gas processing.
- Cabinet approves ₹4,600 crore semiconductor projects in Odisha, Punjab, and Andhra Pradesh.
- UIDAI and ISI sign 5-year R&D pact to boost Aadhaar security and fraud detection.
- HDFC Bank’s SmartWealth app now supports nine Indian languages for investment services.
- SBI will levy nominal charges on online IMPS transfers above ₹25,000 from August 15.
- SEBI permits advisers and analysts to use liquid and overnight mutual funds for deposit requirements.
- ICICI Bank cut minimum savings account balance to ₹15,000 for metros, effective August 1.
- Rapido launched its ‘Ownly’ app in Bengaluru with a zero-commission model for restaurants.
- Vikram Solar will launch a ₹2,000 crore IPO on August 19, including ₹1,500 crore fresh issue and ₹1,745 lakh shares OFS.
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