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📝 Revision Notes
Key takeaways from today’s quiz to strengthen your preparation
Healthcare
India MedTech Expo 2025
Venue: Bharat Mandapam, Pragati Maidan, New Delhi. Organised by DoP (Ministry of Chemicals & Fertilizers) with Ministry of Commerce & Industry, EPCMD, and CDSCO. Focus: India’s medical devices ecosystem development.
Manufacturing
TDK Li-ion Battery Plant – Sohna, Haryana
Inaugurated by Ashwini Vaishnaw. Location: Sohna, Haryana. Product focus: Li-ion batteries for mobiles, wearables/hearables, laptops. Supports Atmanirbhar Bharat by reducing import dependence.
Environment
Swachh Vayu Sarvekshan 2025 – Indore Tops
Indore ranked 1st in Category 1 (>10 lakh population) with perfect 200/200. Award: ₹1.5 crore. Key initiatives: 16 lakh trees planted (Guinness Record), 120 electric buses, 150 CNG buses under NCAP.
International Trade
US HIRE Act 2025 – Impact on India IT
Proposes 25% excise tax on outsourcing payments to foreign service providers. Also denies tax deductions, tightens reporting. Risk to India’s ~$100B IT exports. May prompt onshore shifts and automation.
International
New French PM – Sebastien Lecornu
Appointed by President Macron. Age: 39. Previous role: Defence Minister. Replaces Francois Bayrou. Macron loyalist supporting pro-business agenda. Strains ties with centre-left.
Defence & Aerospace
Dassault Aviation Increases DRAL Stake
Stake increases from 49% to 51% in Dassault Reliance Aerospace Limited (DRAL). Deal value: ~₹175.96 crore. DRAL: 2017 JV with Reliance Aerostructure. Facility at MIHAN, Nagpur.
Finance
IEPFA 9th Foundation Day
Theme: “Claiming the Unclaimed: Unlocking the Potential of Idle Financial Assets in India”. Participants: Sanjeev Sanyal, regulators from SEBI, RBI, PFRDA, IRDAI. Focus: Investor protection, transparency, inclusion.
Economy
Revised GST Structure – Moody’s Analysis
New structure: Two-slab (5% and 18%) plus 40% for luxury/tobacco. Expected impact: Boost consumption, ease inflation. Revenue risk: ~₹48,000 crore loss this fiscal per Moody’s. Complicates deficit reduction.
Tribal Welfare
CIL–NSTFDC MoU for EMRS Students
Coal India Limited and NSTFDC MoU for tribal students in Eklavya Model Residential Schools. Support includes: Digital devices, sanitary napkin vending machines, career mentorship. Ministers: G. Kishan Reddy, Jual Oram.
Defence
Exercise ZAPAD 2025 – India-Russia
Location: Mulino Training Ground, Russia. Dates: 10–16 September 2025. Indian contingent: 65 members (Army 57, Air Force 7, Navy 1). Led by KUMAON Regiment battalion. Focus: Interoperability, counter-terrorism drills.
🎴 Revision Flashcards
Click each card to flip and test your recall
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Venue of India MedTech Expo 2025?
Bharat Mandapam, Pragati Maidan, New Delhi
Organised by DoP, Ministry of Chemicals & Fertilizers
Tap to Reveal
Location of TDK’s Li-ion battery plant?
Sohna, Haryana
Inaugurated by Ashwini Vaishnaw
Tap to Reveal
City that topped Swachh Vayu Sarvekshan 2025?
Indore (200/200 score)
Planted 16 lakh trees – Guinness Record
Tap to Reveal
US HIRE Act 2025 proposes what tax on outsourcing?
25% excise tax
Threatens India’s ~$100B IT exports
Tap to Reveal
Who is France’s new Prime Minister?
Sebastien Lecornu (39)
Former Defence Minister, Macron loyalist
Tap to Reveal
Dassault Aviation’s new stake in DRAL?
51% (up from 49%)
JV with Reliance, facility at MIHAN Nagpur
Tap to Reveal
India’s revised GST slabs per Moody’s?
5%, 18%, and 40% (luxury/tobacco)
~₹48,000 crore revenue loss expected
Tap to Reveal
Location of Exercise ZAPAD 2025?
Mulino Training Ground, Russia
65-member Indian contingent, 10-16 Sept 2025
Think & Discuss
US HIRE Act 2025: Existential Threat or Opportunity for India’s IT Industry?
Context from today’s quiz: The proposed HIRE Act 2025 in the US Senate seeks to impose a 25% excise tax on payments for offshored services benefiting US consumers, while also denying tax deductions and tightening reporting rules. This poses significant risks to India’s approximately $100 billion IT exports to the US.
🤔 Your Perspective Matters
India’s IT industry has built its success on the offshore delivery model over three decades. The HIRE Act represents a fundamental challenge to this model. However, it could also catalyze the industry’s transformation toward higher-value services, automation, and geographic diversification.
Should Indian IT companies view this as a wake-up call to fundamentally reinvent their business models, or is this just protectionist politics that will eventually be diluted?
Should Indian IT companies view this as a wake-up call to fundamentally reinvent their business models, or is this just protectionist politics that will eventually be diluted?
- How should Indian IT giants like TCS, Infosys, and Wipro restructure their delivery models in response?
- Could this accelerate India’s push toward building AI/automation capabilities rather than labor arbitrage?
- What role should the Indian government play in negotiating trade exemptions or retaliatory measures?
We’d love to hear your thoughts! Share your perspective in the comments.
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