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Daily Current Affairs 25th Aug, 2024

Dear Readers,

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.
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