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Weekly Current Affairs

Category : Business and economics
Published on: August 17 2025 Share on facebook

  • 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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