Banking & Insurance Current Affairs — All time
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Tue, 05 Aug 2025
Defence Acquisition Council clears proposals worth about ₹67,000 crore
The Defence Acquisition Council chaired by Raksha Mantri Rajnath Singh on 5 August 2025 accorded Acceptance of Necessity for proposals worth about ₹67,000 crore, including MALE RPAs for all three Services and a BrahMos fire control system for the Navy.
India and the Philippines establish a Strategic Partnership during President Marcos's State Visit
India and the Philippines established a Strategic Partnership on 5 August 2025 in New Delhi during the State Visit of Philippine President Ferdinand R. Marcos Jr. (4–8 August), marking 75 years of diplomatic relations.
Inaugural India–New Zealand Defence Strategic Dialogue held in New Delhi
The inaugural India–New Zealand Defence Strategic Dialogue was held in New Delhi on 5 August 2025, co-chaired by Joint Secretary Amitabh Prasad and New Zealand's Kathleen Pearce.
PM GatiShakti: 293 infrastructure projects worth ₹13.59 lakh crore evaluated through Network Planning Group
The Commerce Ministry told the Lok Sabha on 5 August 2025 that 293 infrastructure projects worth ₹13.59 lakh crore have been evaluated through the Network Planning Group mechanism under the PM GatiShakti National Master Plan.
Mon, 04 Aug 2025
India beat England by six runs at The Oval to draw the Test series 2-2
India won the fifth Test against England at The Oval by six runs on 4 August 2025, drawing the five-match Anderson-Tendulkar Trophy series 2-2, with Mohammed Siraj taking 5 for 104 in the final innings.
Pariksha Pe Charcha 2025 gets Guinness World Record for most registrations on a citizen engagement platform in one month
Pariksha Pe Charcha 2025 was conferred a Guinness World Record on 4 August 2025 for the most people registered on a citizen engagement platform in one month, with 3.53 crore valid registrations on MyGov.
DoT cuts telecom security test evaluation fees by up to 95% under ComSec
The Department of Telecommunications announced on 4 August 2025 a reduction of up to 95% in security test evaluation fees for telecom and ICT products under the Communication Security Certification Scheme, effective 1 August 2025.
NITI Aayog launches India Electric Mobility Index and report on a $200 billion EV opportunity
NITI Aayog on 4 August 2025 launched the India Electric Mobility Index (IEMI) to track States/UTs on EV transition and a report titled 'Unlocking a $200 Billion Opportunity: Electric Vehicles in India'.
Sun, 03 Aug 2025
Sat, 02 Aug 2025
PM releases 20th instalment of PM-KISAN from Varanasi, transferring over ₹20,500 crore to 9.7 crore farmers
Prime Minister Narendra Modi released the 20th instalment of PM-KISAN from Varanasi on 2 August 2025, transferring more than ₹20,500 crore to over 9.7 crore farmers, and launched development works worth about ₹2,200 crore in the city.
15th Indian Organ Donation Day: India recorded over 18,900 organ transplants in 2024
At the 15th Indian Organ Donation Day on 2 August 2025, Health Minister J.P. Nadda said India performed over 18,900 organ transplants in 2024, the highest in a single year, and ranks third in the world.
Election Commission doubles annual remuneration of Booth Level Officers
The Election Commission of India on 2 August 2025 doubled the annual remuneration of Booth Level Officers to ₹12,000, raised pay for BLO Supervisors and introduced honorariums for EROs and AEROs for the first time.
Fri, 01 Aug 2025
Election Commission announces schedule for 17th Vice-Presidential Election; poll and counting on 9 September 2025
The Election Commission of India on 1 August 2025 announced the schedule for the 17th Vice-Presidential Election, with notification on 7 August and the poll, if needed, on 9 September 2025.
71st National Film Awards announced: 12th Fail is Best Feature Film; Shah Rukh Khan and Vikrant Massey share Best Actor
The winners of the 71st National Film Awards for 2023 were announced on 1 August 2025, with 12th Fail named Best Feature Film and Rani Mukerji named Best Actress.
Gross GST collections rise 7.5% to about ₹1.96 lakh crore in July 2025
Gross GST revenue for July 2025 was ₹1,95,735 crore, 7.5% higher than in July 2024, according to data released on 1 August 2025.
Sonali Mishra assumes charge as Director General of Railway Protection Force
Sonali Mishra, a 1993-batch IPS officer of the Madhya Pradesh cadre, took over as Director General of the Railway Protection Force on 1 August 2025, described by the Ministry of Railways as a historic first in the Force's 143-year history.
Mines Ministry recognises seven Centres of Excellence under National Critical Mineral Mission
The Ministry of Mines on 1 August 2025 recognised four IITs and three R&D labs as Centres of Excellence under the National Critical Mineral Mission to promote research across the critical mineral value chain.
Railways plans permanent holding areas, access control and station directors at 73 crowded stations
The Ministry of Railways announced on 1 August 2025 that 73 stations facing heavy rush will get permanent holding areas, full access control and a Station Director empowered to take on-the-spot decongestion decisions.
Seven coal blocks auctioned in 12th round of commercial coal mining auctions
The Ministry of Coal said on 1 August 2025 that seven coal blocks in Jharkhand and Chhattisgarh were successfully auctioned in the 12th round of commercial auctions held from 28 to 31 July.
India's manufacturing PMI rises to 59.1 in July 2025, a 16-month high
The HSBC India Manufacturing PMI, released by S&P Global on 1 August 2025, rose to 59.1 in July, the strongest improvement since March 2024.
Vice Admiral Sanjay Vatsayan takes over as 47th Vice Chief of the Naval Staff
Vice Admiral Sanjay Vatsayan assumed charge as the 47th Vice Chief of the Naval Staff on 1 August 2025.
Thu, 31 Jul 2025
Cabinet raises PMKSY outlay to ₹6,520 crore for 15th Finance Commission cycle
On 31 July 2025, the Union Cabinet approved a total outlay of ₹6,520 crore, including ₹1,920 crore more, for the Pradhan Mantri Kisan Sampada Yojana during 2021-22 to 2025-26.
US executive order sets 25% reciprocal tariff on Indian goods
On 31 July 2025, US President Donald Trump signed the executive order 'Further Modifying the Reciprocal Tariff Rates', which lists India at 25%, effective seven days later (7 August 2025).
Vice-Presidential Election 2025: ECI finalises Electoral College list
On 31 July 2025, the Election Commission of India said it had finalised the Electoral College list for the Vice-Presidential Election, 2025, under Rule 40 of the Presidential and Vice-Presidential Elections Rules, 1974.
CCEA approves four railway multitracking projects worth ₹11,169 crore
On 31 July 2025, the CCEA approved four railway multitracking projects costing about ₹11,169 crore, adding about 574 km across 13 districts in six States.
Cabinet approves ₹2,000-crore grant-in-aid scheme for NCDC
On 31 July 2025, the Union Cabinet approved the Central Sector Scheme 'Grant in aid to National Cooperative Development Corporation (NCDC)' with ₹2,000 crore for 2025-26 to 2028-29.
Wed, 30 Jul 2025
India's resolution on sustainable lifestyles for wetlands adopted at Ramsar COP15
On 30 July 2025, Ramsar COP15 at Victoria Falls, Zimbabwe, adopted India's resolution on 'Promoting Sustainable Lifestyles for the Wise Use of Wetlands'.
23 chip-design projects sanctioned under Design Linked Incentive scheme
On 30 July 2025, MeitY said 23 chip-design projects had been sanctioned under the ₹1,000-crore Design Linked Incentive (DLI) scheme of the ₹76,000-crore Semicon India Programme.
13th India–UAE Joint Defence Cooperation Committee meets in New Delhi
On 30 July 2025 in New Delhi, the 13th India–UAE Joint Defence Cooperation Committee met at Secretary level for the first time, co-chaired by Defence Secretary Rajesh Kumar Singh and UAE Under Secretary of Defense Lt Gen Ibrahim Nasser M. Al Alawi.
INS Satpura arrives in Singapore for SIMBEX-25
On 30 July 2025, the Defence Ministry said INS Satpura had arrived in Singapore for the 32nd edition of the Singapore-India Maritime Bilateral Exercise (SIMBEX-25).