- On August 9, 2025, Union MoS Dr. Jitendra Singh inaugurated India’s first Animal Stem Cell Biobank at NIAB, Hyderabad, Telangana. Built over 9,300 sq ft at a cost of ₹1.85 crore, the facility supports regenerative medicine, disease modelling, and livestock biotechnology. It includes a 3D bioprinter, cryostorage, and stem cell culture units.
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- On August 10, 2025, PM Narendra Modi inaugurated and laid the foundation stone for Bengaluru metro projects worth ₹22,800 crore. Key highlights include the launch of Yellow Line (Phase-2) and foundation of Orange Line (Phase-3). The expansion aims to improve urban mobility for over 25 lakh daily commuters.
- On August 10, 2025, PM Narendra Modi virtually flagged off the Ajni–Pune Vande Bharat Express from Bengaluru, Karnataka. Covering 881 km in 12 hours, it is now India’s longest Vande Bharat route, connecting Vidarbha to Western Maharashtra. The train halts at 10 stations and features Mini Vande Bharat 2.0 with 8 coaches.
- On August 9, 2025, BEML Limited (Bharat Earth Movers Limited) secured its first-ever overseas rail and metro contract from Malaysia, valued at USD 1 million. The project involves retrofit and reconditioning of Malaysia’s Mass Rapid Transport System. BEML is a Schedule ‘A’ PSU under the Ministry of Defence, with expertise across defence, mining, and metro infrastructure.
- On August 10, 2025, Kerala State Financial Enterprises (KSFE) became the first miscellaneous NBFC in India to cross a ₹1 lakh crore business turnover. The milestone was celebrated at Central Stadium, Thiruvananthapuram, with CM Pinarayi Vijayan inaugurating the event. KSFE doubled its business from ₹50,000 crore in just four years, reflecting strong public trust.
- On August 10, 2025, Bajaj Allianz Life Insurance Company Ltd. acquired a 2.1% stake in JM Financial Home Loans Ltd. for ₹65.5 crore. The shares were purchased from JM Financial Credit Solutions Ltd. (JMFCSL) at ₹48 apiece, totaling 1.36 crore equity shares. Post-transaction, JMFCSL’s stake in the home loan arm dropped from 8.98% to 6.88%, and JM Financial’s overall holding reduced from 98.76% to 96.66%.
- The AMFI Mutual Fund Monthly Report – July 2025, released by the Association of Mutual Funds in India (AMFI) on August 11, 2025, recorded ₹42,702 crore equity inflows, the highest ever in a single month. This marks an 81% jump from June’s ₹23,587 crore and the 53rd consecutive month of positive equity inflows.
- On August 11, 2025, Dr. Shamika Ravi and Dr. Mudit Kapoor released a report titled “Intra-Household Allocation of Resources and Changes in Poverty Rates…”. Covering the period from 2011–12 to 2023–24, it reveals that India’s poverty rate fell from 29.5% to 4%, with 302 million people rising out of poverty. It also records a decline in the poverty gap from 18.4% to 10.2%.
- World Steelpan Day 2025 was observed on August 11, marking the third edition of the UN-recognized celebration. It honors the steelpan, Trinidad & Tobago’s national instrument, for its role in culture, youth empowerment, and mental well-being. The 2025 theme was “From Roots to Resonance: Echoing Across Generations and Nations”. Special events were held globally, including at Expo 2025 in Osaka on T&T’s National Day.
- World Elephant Day was observed globally on August 12, 2025, with the theme “Matriarchs & Memories”. It honors elephant matriarchs and women conservationists, highlighting elephants’ ecological and cultural importance. Celebrations in India were led by MoEF&CC in Coimbatore, focusing on human-elephant conflict mitigation.
Questions:
Q.1 Which NBFC became the first miscellaneous NBFC in India to cross ₹1 lakh crore turnover?a) Kerala State Financial Enterprises (KSFE)
b) L&T Finance
c) Mahindra Finance
d) Bajaj Finance
Answer: a) Kerala State Financial Enterprises (KSFE) achieved this milestone on August 10, 2025, doubling its business from ₹50,000 crore in four years.
Q.2 India’s first Animal Stem Cell Biobank was inaugurated at:
a) IISC Bengaluru
b) IVRI, Bareilly
c) CCMB, Pune
Q.2 India’s first Animal Stem Cell Biobank was inaugurated at:
a) IISC Bengaluru
b) IVRI, Bareilly
c) CCMB, Pune
d) NIAB, Hyderabad
Answer: d) The biobank was inaugurated at the National Institute of Animal Biotechnology (NIAB), Hyderabad, by Union MoS Dr. Jitendra Singh on August 9, 2025.
