Current Affairs 1 September 2025

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NATIONAL AFFAIRS

Union MoS George Kurian Launches Project ‘Matsya Shakti’ in Thiruvananthapuram, Kerala

In August 2025, Union Minister of State (MoS) George Kurian, Ministry of Fisheries, Animal Husbandry & Dairying (MoFAH&D), Ministry of Minority Affairs (MoMA), launched “Matsya Shakti” project for a period of one year, in Thiruvananthapuram, Kerala, with an aim to empower minority fisherman communities.

• The project is implemented under the Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) scheme.

Project Matsya Shakti:
Implementation: During the event, a Memorandum of Understanding (MoU) was signed between MoMA and the Indian Council of Agricultural Research- Central Marine Fisheries Research Institute (ICAR-CMFRI) to implement the scheme through its Vizhinjam Regional Centre, Vizhinjam (Kerala).
Training: The project is a multi-phased one year training programme, focusing on training 690 candidates from the minority communities, to equip and enhance domain knowledge and entrepreneurial capabilities.
Skill Development:Out of the 690 candidates, 270 will be trained in non-traditional fisheries-based skills, including 90 in Fish Hatchery Production and 180 in Basics of Cage Culture Fish Farming.

• Additionally, 420 women will undergo leadership and entrepreneurship development programmes, enabling them to establish and manage their own enterprises.
• Every candidate will receive stipends during the training programme

>>Read Full News

DoP Signs MoU with MapmyIndia to Enhance to Enhance DIGIPIN Services
On August 29, 2025, Department of Posts (DoP) or India Post under the Ministry of Communications, has signed a Memorandum of Understanding (MoU) with MapmyIndia – Mappls, a provider of location technology, Internet of Things (IoT), and geospatial solutions, at an event held at Dak Bhawan in New Delhi, Delhi.

About DoP–MapmyIndia MoU:
Aim: The MoU aims to utilize Mappls, the mapping platform of MapmyIndia, and products to support the development and implementation of Digital Post Index Number (DIGIPIN).
Integration: As per the MoU, MapmyIndia will provide base maps for integration into the Know Your DIGIPIN Application(app), enhancing visibility for users and accuracy in generation of DIGIPINs based on geographical location.

• The Mappls application will be integrated with DIGIPIN functionalities, providing users with the ability to locate and access destinations through DIGIPIN.
• MapmyIndia will facilitate the allocation of DIGIPINs to the existing addresses in its database, enhancing location-based services.

DIGIPIN: It is a digital addressing system, developed by the DoP, in collaboration with Indian Institute of Technology (IIT) Hyderabad(Telangana) and National Remote Sensing Centre- Indian Space Research Organization (NRSC-ISRO).

• India is divided into small grid squares (approximately 3.8 x 3.8 metres(m) each), assigned with a 10-character alphanumeric code known as DIGIPIN.

IHMCL Signs Agreement with ICICI Bank to implement India’s First MLFF Tolling System
Indian Highways Management Company Limited (IHMCL), a subsidiary of the National Highways Authority of India (NHAI), signed an agreement with ICICI Bank in August 2025 to implement India’s first comprehensive Multi-Lane Free Flow (MLFF) tolling system.

• The pilot project will be launched at the Choryasi Fee Plaza on National Highway-48 (NH-48) in Gujarat.
• This cutting-edge system enables seamless, barrier-free electronic toll collection for highway users, eliminating the need for vehicles to stop at toll booths and significantly reducing congestion and travel time.

Barrier-Free Toll Plaza:
Choryasi: With this move, Choryasi Fee Plaza will serve as the first barrier-free toll plaza in India.
Gharaundra: Additionally, an agreement was signed between IHMCL and ICICI Bank to implement MLFF at Gharaundra Fee Plaza on NH-44 in Haryana
MLFF: The Multi-Lane Free Flow (MLFF) is an advanced Electronic Tolling System (ETC), enabling transactions through reading of FASTag and Vehicle Registration Number (VRN) by High performance Radio Frequency Identification (RFID) Readers and Automatic Number Plate Recognition (ANPR) Cameras.
Benefits of MLFF Tolling:
Seamless Toll Collection: Vehicles do not need to stop, significantly reducing delays and enhancing travel efficiency.
Reduced Congestion and Pollution: Eliminates queues and idling, contributing to lower vehicular emissions on highways.
User Convenience: Supports multiple digital payment modes ensuring hassle-free, contactless toll payment.
Scalable Technology: Designed for future nationwide rollout across highways for uniform tolling experience.

IIT-H Signed Pact with IA’s SDD under ARTRAC to Setup CoE ‘VIGRAHA’
In August 2025, the Indian Institute of Technology Hyderabad (IIT-H) has signed a Memorandum of Understanding (MoU) with Indian Army (IA)’s Simulator Development Division (SDD) under the Army Training Command (ARTRAC) based in Shimla, Himachal Pradesh (HP), to set up a Centre of Excellence (CoE) called VIGRAHA (Virtual, Intelligent, Ground-breaking Research in Augmented Reality (AR)/ Virtual Reality (VR) and High-tech Applications for the Indian Army).

• The MoU was signed in the presence of Prof. B.S. Murty, Director of IIT-H, and other senior officials from SDD, at IIT-H campus in Hyderabad, Telangana.

About VIGRAHA:
Principal Investigator: Dr. Shivaji will serve as the Principal Investigator of this newly announced CoE.
Key Focus Areas: This CoE will drive advanced research and innovation in emerging defense technologies such as AR, VR, Artificial Intelligence (AI), robotics, drones, among others, for the IA.
Key Programmes: The CoE will initiate joints academic programs, Research & Development (R&D) projects, and capacity building exercises.

• As per the MoU, the CoE will also launch training and certification programmes in emerging technologies and internship opportunities for students of IIT-H at the IA’s SDD in Secunderabad, Telangana.

BANKING & FINANCE

RBI Imposes Rs.44.70 Lakh Monetary Penalty on Bandhan Bank
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs.44.70 lakh on Bandhan Bank Limited in August 2025 due to non-compliance with certain statutory and regulatory directions issued by RBI. The penalty was imposed following a supervisory inspection conducted with reference to the bank’s financial position as of March 31, 2024.

• The penalty was imposed under the Banking Regulation Act, 1949, section 10(1)(b)(ii).RBI clarified that this action is based on deficiencies in regulatory compliance and is not intended to affect the validity of any transactions or agreements with customers.

Reason for Penalty:
Remuneration: Bandhan Bank has paid remuneration to certain employees in the form of commission, violating RBI norms.
Manual Intervention: The bank has carried out manual intervention at the back end for data of certain accounts and failed to record the audit trails or logs of access with specific user details in the system.

ECONOMY & BUSINESS

NSO’s Quarterly Estimates: India’s GDP Grew 5-Quarter High of 7.8% in Q1FY26In August 2025, the National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) released the Quarterly Estimates of Gross Domestic Product (GDP) for the April-June (Q1) of Financial Year 2025-26 (FY26) along with its Expenditure components both at Constant (2011-12) and Current Prices.

• As per the NSO’s latest data, India’s Real GDP is estimated at 7.8% in Q1FY26, registering a 5-Quarter high growth rate. Also, this growth rate is higher than 6.5% recorded in Q1FY25.
• This GDP growth rate further consolidates India’s position as the world’s fastest growing large economy amid global headwinds, especially the 50% tariff imposed by the United States of America (USA).
• This latest GDP estimate surpasses the Reserve Bank of India (RBI)’s projection of 6.5% for Q1FY26.

Key Estimates:
Real GDP: Real GDP or GDP at Constant (2011-12) Prices, is estimated at Rs 47.89 lakh crore inQ1FY26 compared to Rs 44.42 lakh crore registered in Q1FY25, reflecting an increase of 7.8%.
Real GVA: It registered a 6-quarter high growth of 7.6% (in Q1FY26). It is estimated at Rs 44.64 lakh crore in Q1FY26, against Rs 41.47 lakh crore in Q1FY25.
Government Final Consumption Expenditure (GFCE): It rebounded in Q1FY26, registering an increase of 7.4% over a contraction of (-1.8%) in Q4FY25 and 0.3% in Q1 of last FY.
Gross Fixed Capital Formation (GFCF): It is an indicator for investor demand, has increased by 7.8% in Q1FY26, down from 9.4% in Q4FY25; but higher than 6.7% in Q1FY25.
About Ministry of Statistics and Programme Implementaion (MoSPI):
Minister of State (MoS)(Independent Charge, IC)-Rao Inderjit Singh (Constituency- Gurugram, Haryana)
>>Read Full News

AWARDS & RECOGNITIONS

Cognizant CEO Ravi Kumar Featured in 2025 TIME100 AI List of the World’s Most Influential People in AIOn 28 August 2025, New York (the United States of America, USA)-based TIME, a 102-year-old global media brand, released its third annual TIME100 AI list, recognising the 100 most influential individuals in the Artificial Intelligence (AI) landscape around the world. The list highlights Innovators, Leaders, Shapers, and Thinkers shaping AI’s future.

• Indian-origin Ravi Kumar Singisetti, the Chief Executive Officer (CEO) of Cognizant Technology Solutions Corporation, a Teaneck, New Jersey (USA)-based Information Technology (IT) Company, has been named to the 2025 TIME 100 AI list (under Leaders).

Note: The TIME100 AI list was first launched in 2023, following the global recognition of AI after OpenAI released Chat Generative Pre-Trained Transformer (ChatGPT).
About Ravi Kumar Singisetti: Ravi Kumar Singisetti was appointed CEO of Cognizant in January 2023 and joined the board of directors for the US-India Strategic Partnership Forum (USISPF) in 2024.
Award: In 2025, he was honoured with the Pravasi Bharatiya Samman Award (PBSA), the highest accolade awarded by the Government of India (GoI) for overseas Indians.
2025 TIME100 AI List
From the Past: Only 16 honourees from previous editions returned in 2025.
>>Read Full News

APPOINTMENTS & RESIGNATIONS

Thailand’s Cabinet Appointed Phumtham Wechayachai as Acting PM
In August 2025, Thailand’s cabinet has appointed incumbent Deputy Prime Minister (Dy-PM) Phumtham Wechayachai to serve as acting PM of the country.

• The newly appointed Acting PM Wechayachai and caretaker cabinet will continue to hold this post until a new government is formed as early as 1st week of September 2025.

Key Details:
Reason: This appointment was made following the Constitutional Court’s Ruling that revoked Paetongtarn Shinawatra from PM’s post.
PM’s Secretary General: The cabinet has also appointed Prommin Lertsuridej as Secretary General of PM.

ACQUISITIONS & MERGERS

Tata Steel Acquired Rs 3,100 Crore Stake in its Singapore Subsidiary, TSHPL
In August 2025, Tata Steel Limited (TSL) has acquired over 300 crore equity shares worth Rs 3,104 crore in its subsidiary, T Steel Holdings Pte Ltd (TSHPL).

• Following this acquisition, TSHPL will continue to be a wholly-owned foreign subsidiary of Tata Steel.

Key Details of Acquisition:
Target Investment: This latest acquisition of equity shares in TSHPL, is in line with Tata Steel’s strategy, which was approved in May 2025, to invest up to USD 2.5 billion into the Singapore unit during Financial Year 2025-26 (FY26) in multiple phases.
Previous Acquisition: This acquisition also marks the 4th capital injection by Tata Steel into TSHPL in 2025, following previous tranches of Rs 10,727 crore (February 2025), Rs 1,562.54 crore (June 2025), and Rs 1,073.63 crore (July 2025).

SPORTS

India Clinches 2025 SAFF U17 Women’s Championship Title in Nepal
On August 29, 2025, India won the 7th edition of South Asian Football Federation (SAFF) U17 Women’s Championship title, a football tournament, defeating Nepal for 5-0 at the Changlimithang Stadium in Thimphu, Nepal.

About 2025 SAFF U17 Women’s Championship:
Tournament Format: Four teams(India,Bangladesh,Nepal,Bhutan) participated in the championship, competing in a round-robin format to decide the winners.
Performance: India finished with 5 wins, 0 draws, 0 losses, and 27 goals with none conceded.

• With this win and following the draw of a match between Bangladesh and Bhutan for 1-1, India was lifted to the top of the table with 15 points from 5 matches.

Goals: Niru Chanu Longjam scored one goal in the 5th minute, Pear Fernandes scored two (in 15th and 43rd minute) and Divyani Linda scored two (79th and 90+2).

ICC and Google Partner to Boost Fan Engagement in Women’s Cricket
On August 29, 2025, the International Cricket Council (ICC) announced a partnership with Google, aimed at enhancing fan engagement in women’s cricket.

• With this move, Google has become the second women’s only partner of ICC after Unilever.

About ICC–Google Partnership:
Announcement: The partnership has been announced ahead of the ICC Women’s Cricket World Cup 2025, scheduled to be held in India and Sri Lanka and the Women’s Twenty20 (T20) World Cup 2026, to be held in England and Wales.
Ecosystem: The ICC–Google partnership will use Google’s ecosystem, including Android, Google Gemini, Google Pay (Gpay), and Google Pixel, to provide fans smarter, interactive ways to follow matches and highlights.

IMPORTANT DAYS

International Day for People of African Descent 2025 – August 31
The United Nations (UN) observes the International Day for People of African Descent annually across the world on August 31 to honour the significant contributions of the African diaspora and to combat all forms of discrimination.

• August 31, 2025 marks the 5th observance of International Day for People of African

Background:
Resolution: On 16th December 2020, the UN General Assembly (UNGA) adopted resolution A/RES/75/170, designating 31 August of every year as the International Day for People of African Descent.

• The establishment of the International Day for People of African Descent was championed by Costa Rica, a Central American country.

Inauguration: The first International Day for People of African Descent was observed on 31 August 2021.
Significance: 31 August marks the conclusion of the 1st International Convention of the Negro Peoples of the World, a month-long event organized by the Universal Negro Improvement Association (UNIA) in 1920.
UN Initiative:
International Decade for People of African Descent: On 23 December 2013, the UNGA adopted resolution A/RES/68/237, proclaiming 2015–2024 as the International Decade for People of African Descent.

• In December 2024, the UNGA adopted a resolution launching the Second International Decade for People of African Descent (2025–2034) under the theme “People of African Descent: Recognition, Justice, and Development,” focusing on their rights and contributions.

Permanent Forum on People of African Descent: On 2 August 2021, the UNGA adopted resolution A/RES/75/314, officially establishing the Permanent Forum on People of African Descent.

• The forum seeks to enhance the safety, quality of life, and livelihoods of people of African descent.

About Universal Negro Improvement Association (UNIA):
President – Stephen Golding
Headquarters – New York, the United States of America(USA)
Established – 1914

STATE NEWS

KELTRON Signs MoU with Zimbabwe to Supply Products and Services
On August 29, 2025, the Kerala State Electronics Development Corporation (KELTRON), a Public Sector Enterprise(PSE) owned by the Government of Kerala, signed an agreement with Zimbabwe to supply its products and services at an event held at Kochi, Kerala.

• The MoU was signed by P Rajeev, Minister of Industries, Kerala, and Rajesh Kumar Indukant Modi, Deputy Minister of Industry and Commerce, Zimbabwe.

About KELTRON–Zimbabwe Agreement:
Focus : The deal centers on manufacturing and supplying 3,000 Coconics laptops, with future plans to expand into traffic lights, solar systems, and other KELTRON products for the Zimbabwean market.
Capacity Building: The agreement also includes plans to set up a Skill Development Centre, a Knowledge-Sharing Centre, and an Assembly Unit to support local production in Zimbabwe.

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