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

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

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

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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.
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