NATO Agrees to Raise Defence Spending Target to 5% of GDP by 2035 at The Hague Summit:

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• ONGC will invest ₹4,600 crore in Andhra Pradesh’s KG Basin for drilling, offshore platforms, pipeline, and gas processing.

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• India’s defence production reached a record ₹1.51 lakh crore in FY 2024-25, up 18% from last year.

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• China and Hong Kong won the Asia Rugby U-20 Sevens titles, while India’s women claimed bronze in Bihar.

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• DPIIT signed an MoU with Zepto to support manufacturing startups under the Zepto Nova Innovation Challenge.

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• Indian Navy will commission stealth frigates INS Udaygiri and INS Himgiri together for the first time on 26 August 2025.

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• Lok Sabha passed the revised Income Tax Bill 2025, expanding officials’ powers for search operations.

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• Kerala’s KSFE became the first miscellaneous NBFC in India to cross ₹1 lakh crore turnover.

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• WHO confirmed Kenya has eliminated sleeping sickness as a public health problem.

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• Aadhaar Face Authentication transactions doubled from 100 crore to 200 crore in just six months.

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• Tata’s Nelco and France’s Eutelsat will provide OneWeb satellite internet services in India.

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