Daily Current Affairs 25th Aug, 2024
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1. This post contains important current affairs of 25thAug, 2024. It includes the current affairs of 25th Aug, 2024 from all the Major Domains such as National, International, Business, Sports etc.
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National News
- Cabinet Approves Unified Pension Scheme (UPS): The Union Cabinet approved the UPS, offering a pension of 50% of the last 12 months’ average basic pay after 25 years of service, with proportionate pensions for 10-25 years of service, and a minimum pension of ₹10,000 for 10 years of service.
- Spices Board Launches SPICED Scheme: The Spices Board of India launched the SPICED scheme to boost spice exports and improve cardamom productivity and spice post-harvest quality.
Business News
- Dabur to Invest ₹400 Crore in South India: Dabur will invest ₹400 crore to establish its first manufacturing plant in southern India at the Sipcot Food Park in Tindivanam, Villupuram district.
Awards and Honours
- President Murmu Confers Vigyan Ratna Puraskar: President Droupadi Murmu awarded the inaugural Vigyan Ratna Puraskar to Govind Rajan Padmanabhan, India’s top science award for notable contributions in biochemistry.
MOUs and Agreements
- GAIL and Petron Sign MoU for Bio-Ethylene Plant: GAIL and Petron Scientech Inc. signed an MoU to explore setting up a 500 KTA bio-ethylene plant in India in a 50:50 Joint Venture.
Defence News
- Rajnath Singh Inaugurates ICG Maritime Rescue Coordination Centre: Defence Minister Rajnath Singh inaugurated the ICG Maritime Rescue Coordination Centre in Chennai and virtually launched the Regional Marine Pollution Response Centre and Coast Guard Air Enclave in Puducherry.
Science & Technology
- NASA’s Greenhouse Gas-Tracking Instrument Launched: NASA’s Tanager-1 satellite, designed to track greenhouse gases, was successfully launched aboard a SpaceX Falcon 9 rocket.
- Experian India Launches AiDRIAN for Fraud Detection: Experian India launched AiDRIAN, an AI-driven tool for real-time fraud detection using device profiling to identify anomalies and prevent financial loss.
- Nokia Collaborates with Axiom Space for Moon Mission: Nokia partnered with Axiom Space to integrate 4G/LTE communication into next-gen spacesuits for NASA’s Artemis III moon mission.
- NAL Unveils Kamikaze Drone with 1000 km Range: India’s NAL developed the Kamikaze drone with a 1,000 km range and an indigenously built engine.
Banking and Finance News
- Axis Bank Becomes Top Player in Credit Card Terminals: Axis Bank overtook ICICI Bank as the leading player in India’s credit card terminal market and plans to expand its services to small businesses.