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Daily Current Affairs: 26 August 2025

Current affairs of 26 August 2025: LMLV: ISRO’s Heaviest Rocket Planned for 2035; Women’s Employment Rate Doubles: Labour Ministry Data; INS Udaygiri and INS Himgiri Commissioned at Visakhapatnam, and 12 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)August 2025

In this issue: 15 topics

National Affairs

Neeru Wins Trap Gold at Asian Shooting Championship

Government Schemes

UPS to NPS: One-Time Switch for Central Employees

Banking & Finance

SBI Seeks RBI Nod for Bank Financing of Acquisitions
Bandhan Bank Legacy Savings Account for Affluent Customers
RBI Fines Ayodhya Finlease Rs 1 Lakh for NBFC Rule Breach

Economy

RBI Ready to Act if 50% US Tariff Hurts Growth: Malhotra
Fitch affirms India’s BBB- rating with stable outlook

International Affairs

Nepal joins India-led International Big Cat Alliance

Agriculture & Rural

Water Intelligence for Indian Farming: Smarter Irrigation

Science & Technology

LMLV: ISRO’s Heaviest Rocket Planned for 2035
Space-Based Solar Power: Promise, Limits and Costs

Defence & Security

INS Udaygiri and INS Himgiri Commissioned at Visakhapatnam

Reports & Indexes

Women’s Employment Rate Doubles: Labour Ministry Data
FICCI-IBA Report: Corporate Borrowing Shifts Away from Banks

Awards & Persons

Cheteshwar Pujara Retires After 103 Tests, 7,195 Runs

National Affairs

1. Neeru Wins Trap Gold at Asian Shooting Championship

Neeru won the women's trap gold, beating Ray Bassil of Qatar by six points.
Neeru, Aashima Ahlawat and Preeti Rajak together won team gold for India.
The event was the 16th Asian shooting championship in Shymkent, Kazakhstan.

Full notes and 3 MCQs ›

Government Schemes

Banking & Finance

2. UPS to NPS: One-Time Switch for Central Employees

Central employees can make a one-time, one-way shift from UPS to NPS.
UPS began on 1 April 2025 as an NPS option with assured payouts.
NPS dates from 2004 and pays by market returns; PFRDA regulates it.

Full notes and 3 MCQs ›

Banking & Finance

3. SBI Seeks RBI Nod for Bank Financing of Acquisitions

SBI asked RBI to let banks finance mergers and acquisitions.
Banks are currently barred from direct M&A lending; firms use NBFCs or bonds.
SBI suggested starting with large, listed companies.

Full notes and 3 MCQs ›

Banking & Finance

4. Bandhan Bank Legacy Savings Account for Affluent Customers

Bandhan Bank launched the Legacy Savings Account on its 10th anniversary for affluent and high-net-worth customers.
It comes with a World Elite Mastercard Debit Card offering airport lounge access and complimentary golf sessions.
The account gives unlimited free transactions, including cash deposits, RTGS, NEFT and IMPS.
Bandhan Bank was founded on 23 August 2015 and is headquartered in Kolkata.

Full notes and 3 MCQs ›

Banking & Finance

5. RBI Fines Ayodhya Finlease Rs 1 Lakh for NBFC Rule Breach

RBI fined NBFC Ayodhya Finlease Limited Rs 1 lakh.
It changed shareholding beyond 26% of paid-up equity without prior written RBI approval.
Action was taken under Section 58G(1)(b) with Section 58B(5)(aa) of the RBI Act, 1934.

Full notes and 3 MCQs ›

Economy

6. RBI Ready to Act if 50% US Tariff Hurts Growth: Malhotra

RBI Governor Sanjay Malhotra said RBI would take policy steps if the 50% US tariff hurts growth.
Draft guidelines on credit risk and Expected Credit Loss (ECL) are due shortly.
RBI is promoting local-currency trade; agreements exist with the Maldives, Mauritius, Indonesia and the UAE.

Full notes and 3 MCQs ›

7. Fitch affirms India’s BBB- rating with stable outlook

Fitch kept India's long-term foreign-currency rating at BBB- with a stable outlook.
BBB- is the lowest investment grade.
US tariffs are a concern, though US exports are only about 2% of GDP.

Full notes and 3 MCQs ›

International Affairs

Environment & Ecology

8. Nepal joins India-led International Big Cat Alliance

Nepal became a member of the India-led International Big Cat Alliance in August 2025 by signing the framework agreement.
One report counts 13 IBCA members after Nepal joined.
Nepal's tiger count tripled from 121 in 2009 to 355 in 2022.
IBCA covers seven big cats: tiger, lion, leopard, snow leopard, cheetah, jaguar and puma.
The alliance was launched in April 2023, and its secretariat is in New Delhi.

Full notes and 3 MCQs ›

Agriculture & Rural

Agriculture & Rural Development

9. Water Intelligence for Indian Farming: Smarter Irrigation

Agriculture uses nearly 80% of India's freshwater, yet irrigation efficiency is only about 38%.
Water intelligence means using data tools and technology to manage water better, not just increasing supply.
Its parts are monitoring, predictive AI, automation and smart irrigation practices.

Full notes and 3 MCQs ›

Science & Technology

Science & Technology

10. LMLV: ISRO’s Heaviest Rocket Planned for 2035

ISRO announced the Lunar Module Launch Vehicle (LMLV), its heaviest rocket, expected to be ready by 2035.
LMLV is meant to carry about 27 tonnes to the Moon and enable crewed lunar missions by 2040.
LVM3 (GSLV Mk III) is today India's heaviest operational rocket.

Full notes and 3 MCQs ›

Environment & Ecology

11. Space-Based Solar Power: Promise, Limits and Costs

SBSP puts solar satellites in geostationary orbit and beams power to Earth as microwaves for reconversion into electricity.
A King's College London study says it could meet 80% of Europe's renewable energy needs by 2050.
High costs and scale mean it may be cost-effective only after 2050.

Full notes and 3 MCQs ›

Defence & Security

Defence & Security

12. INS Udaygiri and INS Himgiri Commissioned at Visakhapatnam

The Navy commissioned Nilgiri-class frigates INS Udaygiri and INS Himgiri at Visakhapatnam.
First simultaneous induction of two major surface combatants from different Indian shipyards.
Udaygiri was built by MDL, Mumbai; Himgiri by GRSE, Kolkata.

Full notes and 3 MCQs ›

Reports & Indexes

13. Women’s Employment Rate Doubles: Labour Ministry Data

Women's workforce participation (PLFS) rose from 22% to 40.3% between 2017-18 and 2023-24.
Female unemployment fell from 5.6% to 3.2%.
68% of Mudra loans went to women.

Full notes and 3 MCQs ›

Banking & Finance

14. FICCI-IBA Report: Corporate Borrowing Shifts Away from Banks

The FICCI-IBA report 'Charting New Frontiers', prepared by BCG, reviews 14 years of bank lending.
Corporate loans slipped from 58% to 36% of bank credit.
Meeting Viksit Bharat 2047 needs banking assets growing 3-3.5 points faster than nominal GDP.

Full notes and 3 MCQs ›

Awards & Persons

Awards & Persons

15. Cheteshwar Pujara Retires After 103 Tests, 7,195 Runs

Cheteshwar Pujara announced his retirement on 24 August 2025.
He played 103 Tests, scoring 7,195 runs at an average of 43.60 with 19 centuries and 35 fifties.
He holds the Indian record for most balls faced in a Test innings, 525.
He scored 521 runs and won Player of the Series in the 2018-19 Border-Gavaskar Trophy in Australia.

Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 26 August 2025, with answers and explanations.