02nd September 2025

1. PRYMA Aerospace’s Arjuna Drone Earns DGCA Certification for Agriculture
2. WaveX and IICT Mumbai Launched ‘Media Tech Incubator’ to Boost AVGC-XR Startups
3. India, Thailand Joint Military Exercise ‘Maitree 2025’ Begins in Umroi, Meghalaya
4. SBI, AFD Signed EUR 100 Million LoC to Boost Green Financing in India
5. GOI Appoints T.C.A Kalyani as 29th CGA with Immediate Effect from September 1, 2025
6. BHEL Signs an LAtOT with DMRL Hyderabad to Manufacture Fused Silica Radar Domes
7. DRDO Delivers Naval Flare System for Kalvari-Class Submarines to Indian Navy
8. India Tops 16th Asian Shooting Championship with 50 Gold Medals
9. India to Participate in Pickleball World Cup 2025 For First Time
10. Oscar Piastri Wins Dutch Grand Prix 2025
11. National Nutrition Week 2025 – September 1-7
12. C.A. Kalyani Appointed as New CGA of India
13. Indian Army Departs For Yudh Abhyas 2025 in Alaska
14. Air Marshal Sanjiv Ghuratia Appointed IAF Maintenance Head
15. Indian Post Payments Bank Celebrates 8th Foundation Day
16. Record ₹40 Cr for ICC Women’s World Cup 2025 Winners
17. SCO Tianjin Declaration Condemns Pahalgam Terror Attack
18. World Coconut Day 2025
19. Oscar Piastri Wins Dramatic 2025 Dutch Grand Prix
20. India’s GST Collection Rises to ₹1.86 Trillion in August
21. Overview of PM Narendra Modi’s Visit to Japan from August 29 to 30, 2025

National News

1. WaveX Launches Media Tech Startup Incubator with IICT

• What:
  • WaveX, under the Ministry of Information & Broadcasting, with IICT has launched a Media Tech Startup Incubator for the AVGC-XR sector.
• Why:
  • The incubator aims to nurture high-potential startups in media and entertainment by providing mentoring, infrastructure, and real-world testing support.
• Tell me more:
  • The incubator will support startups in areas such as OTT, VFX, VR, gaming, animation, publishing, and post-production through a two-phase model.
  • In the Active Phase, startups will get help with business modeling, product development, branding, fundraising, and sandbox testing.
  • The Passive Phase will provide mentorship, global showcases through Waves Bazaar, investor access, and industry connections.
  • Fifteen startups will be chosen for the first batch at the IICT campus with a monthly fee of ₹8,500 + GST, and applications are open until 7th September 2025.

Source: ANI

2. 15th India-Japan Annual Summit Joint Statement

• What:
  • India and Japan adopted a Joint Declaration to strengthen defense, economic, digital, energy, and people-to-people cooperation at their latest summit.
• Why:
  • The summit aimed to deepen the India–Japan Special Strategic and Global Partnership by boosting security ties, economic growth, technology exchange, and regional stability.
• Tell me more:
  • Defense: Agreement to expand joint military exercises, faster defense tech collaboration, and adoption of a Joint Declaration on Security Cooperation.
  • Economy: Japan pledged 10 trillion yen investment in India, along with cooperation in critical minerals, clean energy, MSMEs, and Mumbai–Ahmedabad High-Speed Rail.
  • Technology: Launch of India–Japan Digital Partnership 2.0 and AI Cooperation Initiative, with collaboration on lunar mission LUPEX.
  • People Exchange: Roadmap for 500,000 people exchange in 5 years, including 50,000 skilled Indian workers in Japan, and new Indian Consulate in Fukuoka.
  • Clean Energy MoUs were signed on hydrogen, ammonia, and the Joint Crediting Mechanism (JCM).

Source: PIB

International News

1. 25th SCO Summit in Tianjin

• What:
  • The 25th SCO Summit in Tianjin adopted the Tianjin Declaration, strongly condemning recent terror attacks and launching new initiatives for regional cooperation.
• Why:
  • The summit focused on strengthening counterterrorism unity, enhancing connectivity, deepening economic cooperation, and promoting peace and stability in the region.
• Tell me more:
  • The declaration condemned terror incidents in India (Pahalgam attack) and Pakistan (Jaffer Express hijacking, Khuzdar school bus bombing).
  • India’s vision of “One Earth, One Family, One Future” was recognized, and PM Modi highlighted security, connectivity, and opportunity as key cooperation pillars.
  • Modi promoted Chabahar Port and the International North-South Transport Corridor for better trade connectivity.
  • Bilateral meetings: Modi–Putin discussed energy, security, and Ukraine conflict; Modi–Xi reaffirmed that India–China are development partners, stressing the need for border peace.

Source: SCO IE NOA MEA

Banking and Economy

1. SBI Signs EUR 100 Million Climate Finance Deal with AFD

• What:
  • State Bank of India signed a EUR 100 million Line of Credit agreement with Agence Francaise de Développement (AFD) at its GIFT City branch in Gandhinagar.
• Why:
  • The agreement aims to fund climate mitigation and adaptation projects to reduce greenhouse gas emissions and tackle climate change impacts.
• Tell me more:
  • It is a strategic move toward SBI’s goal of having 7.5–10% of its domestic advances as green portfolio by 2030.
  • AFD’s expertise in climate finance will help in innovative technologies, project structuring, and ESG integration for measurable outcomes.
  • The agreement was signed at GIFT City, Gandhinagar.

Source: ET

2. India Post Payments Bank Celebrates 8th Foundation Day

• What:
  • India Post Payments Bank (IPPB) celebrated its 8th Foundation Day on September 1, 2025, marking its journey of delivering last-mile inclusive banking services.
• Tell me more:
  • New offerings include DigiSmart Digital Savings Accounts, Premium Aarogya Savings Account, Aadhaar-based Face Authentication, and RuPay Virtual Debit Card.
  • With over 1.64 lakh post offices and 1.90 lakh postmen and Gramin Dak Sevaks, IPPB provides doorstep banking across villages and towns.
  • The bank operates on India Stack principles — paperless, cashless, and presence-less banking.
  • Services are offered in 13 languages across 5.57 lakh villages and towns, aligned with Digital India and a less-cash economy.

Source: PIB

3. GST Collections Rise to ₹1.86 Lakh Crore in August 2025

• What:
  • GST collections in August 2025 stood at ₹1.86 lakh crore, a 6.5% rise compared to August last year.
• Why:
  • The rise in collections shows sustained revenue growth under GST and comes amid preparations for major tax reforms.
• Tell me more:
  • Collections were lower compared to July’s ₹1.96 lakh crore and the record ₹2.37 lakh crore in April 2025.

Source: TOI

Defence News

1. 14th India-Thailand Joint Military Exercise Maitree Begins

• The 14th edition of Exercise Maitree between the armies of India and Thailand is being held in Umroi, Meghalaya from September 1 to 14, 2025.
• The exercise will be conducted at the Foreign Training Node, Umroi.
• Exercise Maitree is a bilateral military exercise held between India and Thailand.

Source: ET

2. BHEL Signs Technology Transfer Pact with DRDO’s DMRL

• What:
  • BHEL signed a License Agreement for Transfer of Technology with DRDO’s Defence Metallurgical Research Laboratory (DMRL), Hyderabad, for making Fused Silica Radar Domes in India.
• Why:
  • The agreement aims to boost India’s self-reliance in defence manufacturing by reducing dependence on imports of key missile components.
• Tell me more:
  • The radar domes are critical for seeker-based guidance in missile programmes.
  • DMRL is a research laboratory under DRDO with expertise in high-temperature alloys and advanced ceramics.

Source: ET

3. DRDO’s HEMRL Develops Signal Star Naval Flare for Navy

• What:
  • DRDO’s High Energy Materials Research Laboratory (HEMRL), Pune has developed and handed over the ‘Signal Star Naval Flare’ system for Kalvari-class submarines of the Indian Navy.
• Why:
  • The system aims to boost self-reliance in defence pyrotechnics by providing submarines with indigenous underwater signaling and communication capability.
• Tell me more:
  • HEMRL is a premier DRDO facility specializing in critical defence pyrotechnics.
  • The indigenization eliminates dependence on foreign suppliers for submarine signaling equipment.
  • These flares aid in submarine communication with surface vessels and aircraft, as well as in rescue, recovery, and naval drills.

Source: IE

4. India-US Joint Military Exercise Yudh Abhyas 2025 Begins

• What:
  • An Indian Army contingent reached Fort Wainwright, Alaska, USA to participate in the 21st edition of Exercise Yudh Abhyas from 1st to 14th September 2025.
• Tell me more:
  • The Indian team includes personnel from a Madras Regiment battalion, while the US side is represented by the 1st Battalion, 5th Infantry Regiment “Bobcats” of the 11th Airborne Division.
  • The US contingent belongs to the Arctic Wolves Brigade Combat Team of the 11th Airborne Division.
  • The exercise also focuses on interoperability in United Nations peacekeeping operations.

Source: PIB

Science and Technology

1. PRYMA Aerospace Gets DGCA Nod for Arjuna Drone

• What:
  • PRYMA Aerospace received DGCA certification for its Arjuna drone to be used in agriculture.
• Why:
  • The certification aims to support large-scale use of indigenous drone technology for farming and rural development.
• Tell me more:
  • Maharashtra CM Devendra Fadnavis presented the DGCA certificate to PRYM Group’s founder and CEO, Dhanashree Mandhani.
  • Earlier this year, PRYM Group signed a ₹300 crore MoU with the Maharashtra government at the World Economic Forum in Davos to promote drone adoption and skill development.
  • This new approval makes PRYM Group India’s first to provide an end-to-end pathway for drone manufacturing, pilot training, and deployment via the Salam Kisan nationwide platform.

Source: BS

Important Days

1. National Nutrition Week 2025 – September 1-7
2. World Coconut Day – September 2

• What:
  • The day was established in 2009 by the International Coconut Community (ICC).
• Why:
  • ICC was created in 1969 under UNESCAP and India is a founder member.
• Tell me more:
  • On World Coconut Day, the Coconut Development Board in Kerala announced higher financial aid and support measures for coconut farmers.
  • Aid under the Coconut Technology Mission has been increased six times.

Source: NOA BS

Sports

1. India Tops Medal Tally at Asian Shooting Championship

• What:
  • India won 50 gold medals at the 16th Asian Shooting Championship in Kazakhstan, topping the medal tally for the first time.
• Tell me more:
  • India’s total medal count reached 99, including 26 silver and 23 bronze medals.
  • In Olympic events, the senior team won 6 gold, 2 silver, and 3 bronze medals, finishing second to China.
  • Standout winners included Elavenil Valarivan with an Asian record in women’s air rifle, Neeru Dhanda with the first-ever gold in women’s trap, and Sift Kaur Samra in women’s 50 rifle 3-position.
    • Elavenil Valarivan also won gold in mixed team event with Arjun Babuta.
  • Junior shooters dominated Olympic events with 10 gold, while additional golds came from team and youth events, non-Olympic categories, and record-setting wins by Ankur Mittal and Gurpreet Singh.

Source: TOI

2. India Holds First Pickleball Team Selection Trials

• What:
  • The Indian Pickleball Association (IPA) held its first official national team selection trials in Ahmedabad for the upcoming Pickleball World Cup.
• Tell me more:
  • The trials took place at the IPA Centre of Excellence in Ahmedabad over two days.
  • More than 140 players from across India competed in three categories: Open, Under-16, and 50+.
  • The selected players will now undergo training under the IPA’s high-performance team.
  • The Indian team will compete at the Pickleball World Cup to be held in Florida, USA, from October 27 to November 2, 2025.

Source: NOA

3. Oscar Piastri Wins Dutch Grand Prix at Zandvoort

• Oscar Piastri won the Dutch Grand Prix, taking his seventh Formula 1 victory of the season as teammate Lando Norris retired.

Source: F1

4. ICC Announces Record Prize Money for Women’s World Cup 2025

• What:
  • ICC unveiled a record prize pool of 13.88 million USD (₹122.5 crore approx) for the Women’s Cricket World Cup 2025 to be held in India and Sri Lanka.
• Tell me more:
  • The prize fund has increased by 297% compared to the 2022 edition in New Zealand.
  • Winners will receive 4.48 million USD (₹39.55 crore) and runners-up 2.24 million USD (₹19.77 crore).
  • Losing semi-finalists will each earn 1.12 million USD, while all group stage teams will get 250,000 USD each.

Source: TOI

Appointments

1. TCA Kalyani Appointed as New CGA of India

• What:
  • TCA Kalyani, a 1991-batch Indian Civil Accounts Service officer, has been appointed as the new Controller General of Accounts (CGA).
• Tell me more:
  • Kalyani is the 29th officer to hold the position, succeeding SS Dubey who was appointed in March 2023.
  • The Controller General of Accounts (CGA) is the top accounting authority in the government.
  • CGA manages the accounting system, prepares central government accounts for Parliament, and oversees public expenditure.
  • The office also conducts internal audits, manages financial information systems, and supports fiscal transparency.
  • CGA coordinates responses to the Public Accounts Committee and the Comptroller and Auditor General recommendations.

Source: LM

2. Air Marshal Sanjiv Ghuratia Becomes IAF Maintenance Chief

• What:
  • Air Marshal Sanjiv Ghuratia AVSM VSM assumed charge as Air Officer-in-Charge Maintenance at Indian Air Force Headquarters on 1st September 2025.
• Tell me more:
  • Air Marshal Ghuratia is an alumnus of the Defence Services Staff College, Air Force Test Pilot School, and Air Force Technical College.
  • He is a Fellow of the Royal Aeronautical Society (London), Aeronautical Society of India, and Institute of Electronics & Telecommunication Engineering.
  • He received the Vishisht Seva Medal in 2016 and the Ati Vishisht Seva Medal in 2025 from the President of India.

Source: PIB

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