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August 8, 2025

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🇮🇳 National News

Launch of ‘Nijut Moina 2.0’ in Assam

Assam Chief Minister Dr. Himanta Biswa Sarma unveiled the updated ‘Nijut Moina 2.0’ scheme.

The initiative aims to encourage more girls to pursue higher education by providing monthly financial assistance to eligible girl students.

The official launch took place at the Birinchi Kumar Barua Auditorium, Gauhati University, with symbolic distribution of application forms occurring across Assam simultaneously.

Punjab to Empanel Sign Language Experts

Punjab will become the first state in India to officially empanel:

  • Sign language interpreters
  • Translators
  • Special educators
⚖️ Legal Framework

The empanelment will be under the Juvenile Justice Act, 2015. These professionals will assist in cases under the POCSO Act, 2012, in addition to juvenile justice matters.

Nickel–Chromium–Platinum Group Mineral Discovery in Chhattisgarh

A major mineral discovery has been made in the Bhalukona–Jamanidih block, Mahasamund district, Chhattisgarh.

The find involves sulphide mineralization containing:

  • Nickel (Ni)
  • Copper (Cu)
  • Platinum group elements (PGE)
🏭 Strategic Importance

This is considered a significant step in securing critical minerals vital for industrial development and clean energy initiatives.

Delhi Assembly Fully Powered by Solar Energy

The Delhi Legislative Assembly has become India’s first to operate entirely on solar power.

☀️ Historic First

The transformation was enabled by a newly commissioned 500 kW rooftop solar project, supporting sustainable governance goals.

Additionally, the Assembly launched the National e-Vidhan Application (NeVA) as part of the “One Nation, One Application” programme.

Passage of the Merchant Shipping Bill, 2025

The Indian Parliament passed the Merchant Shipping Bill, 2025.

The bill aims to modernize maritime trade laws by replacing the Indian Merchant Shipping Act, 1925.

The bill was approved by the Rajya Sabha after earlier passage in the Lok Sabha.

eSAKSHI Portal Streamlining MPLADS Funds Management

The Ministry of Statistics and Programme Implementation (MoSPI) reported strong progress with the eSAKSHI portal.

Key details:

  • Launched on April 1, 2023, in partnership with the State Bank of India
  • Integrates all stages of the Members of Parliament Local Area Development Scheme (MPLADS)
  • Covers MP recommendations to final execution by implementing agencies

The platform enables a transparent, fully digital workflow for project approvals and fund tracking.

💼 Business & Economy

Goldman Sachs Reduces India’s Growth Projections

Goldman Sachs revised growth forecasts for India for 2025 and 2026.

📉 Reason for Downgrade

The cut is attributed to growing trade tensions with the US following President Donald Trump’s imposition of a 25% tariff on Indian goods.

Goldman Sachs noted that policy uncertainty could harm growth prospects more than the tariffs themselves.

MPC Maintains Key Policy Rates

The Monetary Policy Committee (MPC) decided to keep the repo rate at 5.50%.

Rate TypeCurrent Rate
Repo Rate5.50%
Standing Deposit Facility (SDF) Rate5.25%
Marginal Standing Facility (MSF) Rate5.75%
Bank Rate5.75%

The MPC continues to target medium-term CPI inflation at 4% ± 2% while supporting economic growth.

Rural and Urban Consumer Confidence Improves: RBI Survey

The July RBI survey shows increased consumer confidence across both rural and urban regions.

Contributing factors:

  • Falling retail inflation
  • More favorable interest rates

The Current Situation Index (CSI) improved, with respondents citing better employment, income, and price stability.

📈 Positive Outlook

The Future Expectation Index (FEI) increased for the sixth consecutive time, indicating optimism for the next year.

🌐 International News

Philippines to Expand Food Imports from India

A high-level Philippine delegation has agreed to boost imports of key Indian agricultural and processed food products.

Products to be imported:

  • Rice
  • Buffalo meat
  • Vegetables
  • Fruits
  • Peanuts

The decision was finalized after discussions with APEDA (Agricultural and Processed Food Products Export Development Authority) and IREF (Indian Rice Exporters Federation).

This move aims to deepen bilateral trade ties between the two nations.

Moldova Joins the International Solar Alliance (ISA)

Moldova has officially become the 107th member of the International Solar Alliance (ISA).

The Ministry of External Affairs (MEA) confirmed that the instrument of ratification was handed over in New Delhi.

The handover took place during a meeting between Moldova’s Ambassador to India, Ana Taban, and Indian officials.

🔬 Science & Technology

Launch of C-FLOOD Unified Inundation Forecasting System

Union Jal Shakti Minister C. R. Patil inaugurated the C-FLOOD system on August 7, 2025, at Shram Shakti Bhawan, New Delhi.

Developed by:

  • Centre for Development of Advanced Computing (C-DAC), Pune
  • Central Water Commission (CWC)
🌊 About C-FLOOD

The system operates under the Department of Water Resources, River Development & Ganga Rejuvenation, Ministry of Jal Shakti. It provides unified inundation forecasting capabilities for flood management.

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