Weekly Current Affairs (12th May to 18th May 2025)

Category : Business and economics Published on: May 19 2025

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Government notifies the expansion of the Credit Guarantee Scheme for Startups (CGSS).
India and Chile Sign Terms of Reference for Comprehensive Economic Partnership Agreement Negotiations.
C-DOT and Synergy Quantum Sign MoU to Jointly Develop Quantum Key Distribution Technology suited for Drone based systems.
MP, Maharashtra sign MoU for implementing world’s largest ground recharge project.
B-SMILE to start with ₹7,000 crore financial commitment from Karnataka government.
Porter Becomes India's 3rd Unicorn: Porter became India's 3rd unicorn of 2025 by raising $200 million in a Series F round.
India & Maldives Strengthen Healthcare Ties Through Strategic Medicine Supply Deal.
Public sector banks post record ₹1.78 tn profit in FY25, growth up 26%.
The Indian Coast Guard signed an MoU with Hindalco Industries to promote the manufacturing and supply of indigenous marine-grade aluminium for shipbuilding.
The US and Saudi Arabia signed a $142 billion defense cooperation agreement, the largest in US history.
SBI joins global top 100 in net profit, becomes third Indian firm to achieve the milestone.
QNB Becomes First MEA Bank to Open Branch in India’s GIFT City.
SBI Card partners with Apollo Pharmacy for premium credit card.
China's GDP Growth: Expected to slow down to 4.6% due to subdued consumer sentiment, according to a UN report.