📅 DAILY UPDATE

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August 6, 2025

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Comprehensive coverage of national and international news, government schemes, appointments, and more.

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Govt Updates

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Economy

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📊 Index & Rankings

India Becomes World’s 5th Largest Aviation Market

India emerged as the 5th biggest aviation market in 2024, transporting 241 million passengers—an 11.1% rise from the previous year.

✈️ Key Highlights

The Mumbai-Delhi route ranked as the 7th busiest in the world. Premium travel grew by 11.8%.

Top aircraft globally: Boeing B737 and Airbus A320

These numbers reflect India’s growing significance in both domestic and international aviation sectors.

🇮🇳 National News

India Commissions First Indigenous Megawatt-Scale Green Hydrogen Plant at Kandla Port

Prime Minister Narendra Modi lauded the inauguration of India’s first indigenously built megawatt-scale green hydrogen facility at Kandla Port in Gujarat.

Developed under the Make in India program, this plant signifies Gujarat’s prominent position in renewable energy and green infrastructure.

🏆 Historic First

Deendayal Port has become the first in the Indian port sector to operate a megawatt-scale green hydrogen unit.

‘Pariksha Pe Charcha’ Achieves Guinness World Record

PM Modi’s initiative, Pariksha Pe Charcha (PPC), set a Guinness World Record with 3.53 crore registrations on the MyGov platform—the highest for a citizen engagement initiative in a single month.

📺 2025 Edition

The 2025 edition recorded a viewership of 21 crore, reimagining exam season as a celebration of learning.

Rooted in the National Education Policy 2020, PPC emphasizes stress-free, hands-on education and fosters a joyful exam experience to support the vision of Viksit Bharat.

Sawalkote Hydropower Project Revived

The Sawalkote Hydropower Project, a 2,185 MW run-of-the-river scheme on the Chenab River, is being revived by NHPC in partnership with JKSPDC.

💡 Project Details

Estimated at ₹22,704 crore | Largest hydropower project in Jammu & Kashmir | Annual generation: 7,000 million units

Apart from energy generation, it will aid flood control and reflects India’s recent move to suspend the Indus Waters Treaty, signaling a major policy shift in regional water governance.

India and Singapore Complete SIMBEX 2025 Naval Exercise

SIMBEX 2025, the 32nd edition of the India-Singapore maritime drill, concluded between July 28 and August 1 in the South China Sea.

The exercise included warships, aircraft, and professional exchanges, emphasizing naval coordination and operational synergy.

🤝 Diplomatic Milestone

The event marked 60 years of diplomatic ties between India and Singapore, reinforcing their maritime security cooperation.

India Launches First Archery League

The Archery Association of India announced the launch of the country’s first Archery League, scheduled for October 2025 at Delhi’s Yamuna Sports Complex.

Key features:

  • Six franchise teams
  • Top Indian and international archers
  • Endorsed by World Archery, World Archery Asia, and the Sports Ministry

The league aims to enhance Indian archery’s competitiveness and global stature.

Ayush Ministry Inks Two Landmark MoUs for Medicinal Plant Conservation

The Ministry of Ayush’s National Medicinal Plants Board signed two major MoUs:

  • With IshVed-Bioplants Venture to conserve rare medicinal plants using tissue culture
  • With AIIA and AIIMS to establish a National Medicinal Plants Garden

These initiatives are aimed at biodiversity preservation, public education, and promoting health and sustainability under the vision of a self-reliant India.

💼 Business & Economy

India’s Palm Oil Imports Decline; Soyoil Shipments Soar

Palm oil imports dropped by 10% in July 2025 to 858,000 tons, largely due to cancelled contracts.

Meanwhile, soyoil imports surged by 38% to 495,000 tons—the highest in three years—driven by delayed shipments and price advantages.

📊 Overall Trend

Although sunflower oil imports dipped 7%, overall edible oil imports increased 1.5% to 1.53 million tons—the highest since November.

Tea Production Drops 9% in June 2025

India’s tea output fell by 9% year-on-year in June 2025 to 133.5 million kg, down from 146.72 million kg in June 2024.

Reasons for decline:

  • Unfavorable weather
  • Widespread pest infestations

All major tea varieties—CTC, orthodox, and green—saw reduced production, raising concerns across the industry.

Fitch Cuts India’s FY26 GDP Growth Forecast to 6.3%

Fitch Ratings revised India’s projected GDP growth for FY26 down to 6.3%, balancing strong infrastructure demand with potential external trade risks.

Sector outlook:

  • Thriving sectors: Cement, petroleum, and construction
  • Pressured sectors: IT, auto parts, and pharmaceuticals (due to U.S. tariffs and global supply shifts)
  • Resilient sectors: Telecom, utilities, and oil & gas

Fitch also highlighted India’s assertive trade negotiations with the U.S., particularly around agriculture and dairy products.

LTIMindtree Wins ₹811.5 Crore PAN 2.0 Contract

The Income Tax Department awarded LTIMindtree the PAN 2.0 project worth ₹811.5 crore, aimed at revamping PAN and TAN services through digital transformation.

⏱️ Timeline

Cleared in November 2024, the initiative is set to be operational in 18 months.

The upgraded system will streamline Aadhaar-PAN linking, issuance, reissuance, and authentication via a single digital platform, improving user security and service delivery.

🌐 International News

Krasheninnikov Volcano Erupts in Russia After 600 Years

The Krasheninnikov Volcano in Russia’s Kamchatka Peninsula erupted for the first time since 1463, releasing an ash plume that rose 4 km into the sky.

Officials issued an orange-level aviation warning due to the potential threat to air travel.

🌋 Suspected Cause

The eruption is suspected to be related to a recent 8.7 magnitude earthquake and subsequent aftershocks.

Though no inhabited areas are endangered, authorities have advised travelers and residents to avoid nearby volcanic zones.

Hong Kong Introduces Global-Standard Stablecoin Regulations

Hong Kong has implemented a new regulatory framework for stablecoins, mandating full reserve backing and a selective licensing system.

This step reinforces the city’s ambition to be a global frontrunner in digital finance.

🌐 International Alignment

The policy aligns with international standards like the U.S. GENIUS Act and the EU’s MiCA, heralding a new phase in programmable finance and tokenized assets.

👔 Appointments

Sanjiv Goenka Appointed Chairman of Telangana Sports Hub

The Telangana government has appointed RP Sanjiv Goenka Group Chairman, Sanjiv Goenka, to lead the Telangana Sports Hub.

Leadership team:

  • Co-Chairwoman: Upasana Kamineni (founder of URLife, granddaughter of Apollo Hospitals’ founder Prathap Reddy)
  • Notable members: Sporting legends Kapil Dev and Pullela Gopichand

The Hub will guide strategic policy in sports infrastructure, athlete training, and educational development in the sector.

PB Balaji to Become New CEO of Jaguar Land Rover

Tata Motors has announced that PB Balaji, currently serving as Group CFO, will take over as CEO of Jaguar Land Rover on November 17, 2025.

He will succeed Adrian Mardell, who is retiring after a distinguished 35-year tenure.

🚗 Strategic Focus

Balaji’s leadership is expected to fast-track JLR’s “Reimagine” strategy focused on luxury, sustainability, and electric vehicle development.

🔬 Science & Technology

Dhruva Space to Launch Commercial Satellite via SpaceX

Hyderabad-based space startup Dhruva Space will deploy its first commercial satellite mission, LEAP-1, aboard SpaceX’s Falcon-9 rocket by Q3 2025.

The mission will utilize an indigenous P-30 platform, previously space-tested with ISRO’s PSLV-C58 in January 2024.

Applications: Defense, environmental monitoring, agriculture, mining, and disaster management.

ICRISAT Launches AI-Powered Climate Service for Farmers

ICRISAT, in collaboration with ICAR and backed by the Monsoon Mission III, introduced an AI-based advisory tool to help smallholder farmers cope with changing weather.

📱 Pilot Program

The pilot begins in Maharashtra, utilizing platforms like WhatsApp bots to deliver hyper-local climate forecasts.

The service aims to expand across India and inspire global adoption.

India to Launch Iron-Rich Bio-Fortified Potatoes

India, supported by the International Potato Center, is preparing to introduce iron-enriched bio-fortified potatoes to fight nutrient deficiencies and hidden hunger.

The move complements ongoing efforts with Vitamin A-rich sweet potatoes and ICAR’s biofortification campaign across 61 crops.

This initiative boosts food security and promotes health-conscious, climate-smart agriculture.

Discovery of World’s Rarest Blood Group ‘CRIB’ in Bengaluru

Indian and UK scientists have discovered the world’s rarest blood group, CRIB, in a 38-year-old woman from Bengaluru.

🩸 Medical Significance

Falling under the Cromer blood group system, CRIB lacks a common antigen, making matched blood transfusion virtually impossible.

The woman’s condition showed panreactivity, requiring surgery without a blood transfusion.

Experts believe this could redefine rare blood management and prenatal diagnostics globally.

📅 Important Days

Hiroshima Day 2025 – August 6

Hiroshima Day is observed on August 6 to commemorate the atomic bombing of Hiroshima and call for nuclear disarmament and global peace.

2025 observance includes:

  • Remembrance events
  • Educational outreach
  • Policy discussions to promote a nuclear-free world

Against rising global tensions, the day serves as a strong moral and political reminder to prevent future nuclear disasters.

🕊️ Obituaries

Shibu Soren, Veteran Jharkhand Leader, Passes Away

Former Jharkhand Chief Minister and JMM founder Shibu Soren passed away on August 4, 2025, at the age of 81.

He had been undergoing treatment for kidney ailments and stroke at Delhi’s Sir Ganga Ram Hospital.

🏛️ Legacy

Revered as “Dishom Guru”, Soren was pivotal in Jharkhand’s statehood movement and championed tribal and marginalized communities.

His son, Hemant Soren, confirmed the news, prompting national mourning.

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