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Daily Current Affairs: 28 August 2025

Current affairs of 28 August 2025: NHAI Project Aarohan: Scholarships for Toll Plaza Staff Children; Dhruva Space, Skyroot Satellites Fly on Falcon 9; PM SVANidhi Extended to 2030 with ₹7,332 Crore Outlay, 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

India’s First Guidelines on Animal Blood Transfusion and Banks
Cabinet Approves Ahmedabad as Host City for CWG 2030 Bid

Government Schemes

NHAI Project Aarohan: Scholarships for Toll Plaza Staff Children
PM SVANidhi Extended to 2030 with ₹7,332 Crore Outlay

Banking & Finance

SEBI Clears First Specialised Investment Funds (SIFs)
SEBI Tightens Rules for Finfluencers and Trading Educators
Goldman Sachs Advises on Stake Sale in Four PSBs
Tata AIA Health SIP and Health Buddy: Features Explained
SEBI Block Deal Reform: ₹25 Crore Minimum Order Proposed
Unity Bank BharatPe Credit Card on RuPay: Key Features

Science & Technology

Dhruva Space, Skyroot Satellites Fly on Falcon 9
BioE3 Policy: Biofoundry Network and Youth Challenge Launched

Defence & Security

Project Kusha: India to test indigenous interceptors from 2026
India Nears GE Deal for 113 GE-404 Engines for LCA Mk1A

Reports & Indexes

EY Economy Watch: India Set to Be No. 2 Economy by 2038

National Affairs

Agriculture & Rural Development

1. India’s First Guidelines on Animal Blood Transfusion and Banks

DAHD issued India's first guidelines on animal blood transfusion and blood banks.
They regulate donor selection, collection, storage, testing and transfusion.
They cover pets and large animals alike.

Full notes and 3 MCQs ›

2. Cabinet Approves Ahmedabad as Host City for CWG 2030 Bid

The Union Cabinet approved India's bid to host the 2030 Commonwealth Games on 27 August 2025.
Ahmedabad is the proposed host city.
The main venue is Narendra Modi Stadium in the Sardar Vallabhbhai Patel Sports Enclave.
The Commonwealth Games feature athletes from 72 nations and territories.

Full notes and 3 MCQs ›

Government Schemes

Government Schemes

3. NHAI Project Aarohan: Scholarships for Toll Plaza Staff Children

NHAI and Vertis Infrastructure Trust launched Project Aarohan for children of toll plaza employees.
Phase 1 covers 500 students; ₹12,000 a year each in FY 2025-26.
Fifty meritorious postgraduate students get ₹50,000 each from a ₹1 crore fund.

Full notes and 3 MCQs ›

4. PM SVANidhi Extended to 2030 with ₹7,332 Crore Outlay

The Cabinet extended and revamped PM SVANidhi till March 31, 2030 with an outlay of ₹7,332 crore.
First tranche rises to ₹15,000, second to ₹25,000; third stays ₹50,000.
Borrowers get UPI-linked RuPay credit cards after the second loan, plus cashback up to ₹1,600.

Full notes and 3 MCQs ›

Banking & Finance

5. SEBI Clears First Specialised Investment Funds (SIFs)

SEBI began approving Specialised Investment Funds, a category introduced in April 2025.
Minimum ticket is Rs 10 lakh; mutual funds need a licence plus product approvals.
Quant MF plans two qsif long-short funds in September 2025.

Full notes and 3 MCQs ›

Banking & Finance

6. SEBI Tightens Rules for Finfluencers and Trading Educators

SEBI raided Avadhut Sathe Trading Academy over alleged unregistered investment advice.
January 2025 circular: educators may use only stock data older than three months.
SEBI can ban entities, seek refunds and start criminal proceedings.

Full notes and 3 MCQs ›

7. Goldman Sachs Advises on Stake Sale in Four PSBs

Goldman Sachs is the sole transaction advisor for selling government stake in four PSBs, including UCO Bank and IOB.
It will structure the deal, find investors and oversee execution.
Listed entities must keep 25% minimum public shareholding.

Full notes and 3 MCQs ›

Banking & Finance

8. Tata AIA Health SIP and Health Buddy: Features Explained

Tata AIA Life launched Health SIP, a unit-linked health plan blending health cover and wealth creation.
Health SIP has zero premium allocation charges and tax-free withdrawals from the 6th policy year.
Health Buddy is a 24x7 virtual health companion.

Full notes and 3 MCQs ›

Banking & Finance

9. SEBI Block Deal Reform: ₹25 Crore Minimum Order Proposed

SEBI proposed lifting the minimum block deal order from ₹10 crore (since 2017) to ₹25 crore.
Non-F&O stocks may get a 3% band from previous close; F&O stocks keep 1%.
Exchanges must disclose deal details the same day.

Full notes and 3 MCQs ›

Banking & Finance

10. Unity Bank BharatPe Credit Card on RuPay: Key Features

BharatPe and Unity Small Finance Bank launched the Unity Bank BharatPe Credit Card on NPCI's RuPay network.
The card has UPI linkage and is lifetime-free.
No joining fee, annual fee, processing charge or foreclosure penalty applies.
EMIs can be prepaid anytime without penalty.

Full notes and 3 MCQs ›

Science & Technology

Science & Technology

11. Dhruva Space, Skyroot Satellites Fly on Falcon 9

Dhruva Space and Skyroot Aerospace sent satellites on SpaceX's Falcon 9 Transporter-12 mission.
Lift-off was from Cape Canaveral, Florida.
Falcon 9 is a partially reusable two-stage rocket.

Full notes and 3 MCQs ›

Government Schemes

12. BioE3 Policy: Biofoundry Network and Youth Challenge Launched

Dr Jitendra Singh launched the BioE3 Challenge for Youth and a National Biofoundry Network on the policy's first anniversary.
DBT launched BioE3, short for Biotechnology for Economy, Environment and Employment, in 2024.
Goal: a $300 billion bioeconomy by 2030.

Full notes and 3 MCQs ›

Defence & Security

Science & Technology

13. Project Kusha: India to test indigenous interceptors from 2026

Project Kusha, part of Mission Sudarshan Chakra, begins interceptor tests in 2026.
M1 (150 km), M2 (250 km) and M3 (350 km) are tested in 2026, 2027 and 2028.
Induction is planned by 2030.

Full notes and 3 MCQs ›

Defence & Security

14. India Nears GE Deal for 113 GE-404 Engines for LCA Mk1A

India is close to finalising a roughly $1 billion deal with US firm General Electric for 113 GE-404 engines.
The engines will power the indigenous LCA Tejas Mark 1A fighter jets.
The government had just cleared a ₹62,000 crore order for 97 additional LCA Tejas Mark 1A aircraft.

Full notes and 3 MCQs ›

Reports & Indexes

15. EY Economy Watch: India Set to Be No. 2 Economy by 2038

EY Economy Watch (August 2025) projects India as the second-largest economy by 2038.
GDP (PPP) is projected at $20.7 trillion by 2030 and $34.2 trillion by 2038.
US tariff damage can be held to 10 basis points with countermeasures.

Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 28 August 2025, with answers and explanations.