Daily Current Affairs 07th & 08th Sep 2025 | Latest News | Download PDF

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CURRENT AFFAIRS : BANKING, FINANCE & BUSINESS

Bank of Baroda Labels Reliance Communications and Anil Ambani’s Loan Accounts as Fraudulent

• Bank of Baroda (BoB) has classified the loan account of Reliance Communications (RCom) and its former promoter Anil Ambani as fraud, making it the third lender after State Bank of India (SBI) and Bank of India (BoI).
• BoB has an outstanding loan of ₹1,656 crore against a sanctioned limit of ₹2,462 crore to RCom.
• RCom’s loan account was first classified as non-performing (NPA) in June 2017.
• The decision was based on a forensic audit by BDO India LLP, followed by multiple show-cause notices (January 2024 & August 2025) and a personal hearing in July 2025, where Anil Ambani failed to rebut charges.

About Bank of Baroda (BoB):

• Founded: 1908
• Headquarters: Vadodara, Gujarat, India
• Managing Director & CEO: Debadatta Chand
• Tagline: “India’s International Bank”

Indian Bank Shifts Corporate Website to ‘.bank.in’ Domain as per Reserve Bank of India Directive

• Indian Bank has migrated its corporate website to indianbank.bank.in in line with the Reserve Bank of India (RBI) directive.
• The move is aimed at providing stronger safeguards against fraud and enhancing public confidence in digital banking solutions.
• The initiative was taken up under the Institute for Development and Research in Banking Technology (IDRBT), which is the exclusive registrar for the .bank.in domain.
• The .bank.in domain is reserved exclusively for banks, helping to strengthen cybersecurity, combat fraud, and build trust in digital transactions.

About Indian Bank:

• Founded: 1907
• Headquarters: Chennai, Tamil Nadu, India
• Managing Director & CEO: Binod Kumar
• Tagline: “Your Own Bank”

State Bank of India Tops Customer Complaint List Among Banks in FY25, Says BRSR Report

• As per the FY25 Business Responsibility and Sustainability Report (BRSR), State Bank of India (SBI) received the highest number of customer complaints among all banks.
• SBI recorded 6.87 lakh complaints in FY25 (with 1.05 lakh pending as of March-end), primarily related to unauthorised electronic debits.
• SBI also reported 12,502 complaints for delays in delivery of essential services in FY25, an increase from 7,223 in FY24.
• Among private sector lenders, Axis Bank received the most complaints, pointing to service delivery challenges.
• Axis Bank recorded 4.97 lakh complaints in FY25 related to delays in essential services, with 8,782 unresolved cases by year-end.
• Overall, FY25 highlighted rising customer grievances, with SBI (public sector) and Axis Bank (private sector) leading in the number of complaints.

Securities and Exchange Board of India Approves Bandhan AMC to Launch Specialised Investment Funds

• Bandhan AMC Limited has received Securities and Exchange Board of India (SEBI) approval to launch Specialised Investment Funds (SIFs).
• This marks Bandhan AMC’s entry into sophisticated investment strategies beyond traditional mutual funds.
• The new products will be offered under the “Arudha SIF” platform, covering equity, debt, and hybrid strategies, including unhedged short derivatives.
• The SIF framework provides greater portfolio flexibility and enables non-traditional strategies aligned with evolving investor needs.
• Bandhan AMC, established in 2000, operates in 100+ cities, serves investors in 790+ locations, and manages over 4 million folios.

Microfinance Institutions Disbursements Drop 24% Year on Year to ₹22,805 Crore in Q1 2025–26

• Microfinance Institutions (MFIs) saw disbursements fall 24% Year on Year (y-o-y) to ₹22,805 crore in Q1 2025–26 (ended June).
• Overall Assets Under Management (AUM) declined 16% y-o-y to ₹1.34 lakh crore, while clients reduced to 3.8 crore from 4.5 crore in the same period last year.
• Bihar remains the largest state by portfolio outstanding, followed by Tamil Nadu and Uttar Pradesh.
• Among the top 10 states, Tamil Nadu has the highest average loan per account – ₹31,363, followed by West Bengal – ₹30,435.
• Microfinance loan is defined as a collateral-free loan to households with annual income up to ₹3,00,000.
• CEO & Director of MFIN : Alok Misra

Fifth Cohort of Regulatory Sandbox Adopts ‘Theme Neutral’ Approach with Five Entities Selected for Testing

• The Fifth Cohort of the Regulatory Sandbox (RS) was ‘Theme Neutral’, with five entities shortlisted for testing.
• The products that completed the Test Phase were assessed based on agreed test scenarios and outcomes.
• IBDIC Private. Limited., in partnership with ICICI Bank, HDFC Bank, Yes Bank, and Aditya Birla Capital, created a blockchain-based deep-tier financing solution for MSMEs.
• This solution works by tokenising Tier-1 supplier invoices, which allows lower-tier MSMEs to get affordable credit access through digital funding against tokens.
• The product was found to be viable under the RS, and IBDIC has successfully exited the Fifth Cohort.
• Since April 9, 2025, applications for the Regulatory Sandbox are now ‘On-Tap’ for Theme Neutral testing via the PRAVAAH portal, in line with the updated Sandbox Framework (February 28, 2024).

CURRENT AFFAIRS : INTERNATIONAL NEWS

Nepal Government Bans 26 Unregistered Social Media Platforms, Including Facebook, WhatsApp, Instagram, YouTube, and X

• On September 4, 2025, the Government of Nepal banned 26 unregistered social media platforms, including Facebook, WhatsApp, Instagram, YouTube, and X (Twitter).
• The move is based on the Directive for Regulation of Social Media Use, 2080, which is aimed at digital accountability and regulatory compliance.
• To comply, platforms are required to register with the Ministry of Communications and IT (MoCIT), set up a local office, and appoint a compliance officer in Nepal.
• The ban followed a 7-day ultimatum that was issued on August 28, 2025, after which the Nepal Telecommunications Authority (NTA) blocked access to non-compliant platforms.
• TikTok is still operational as it registered in November 2024, fulfilling all regulatory requirements.
• Telegram has remained banned since July 2025 due to its alleged role in fraud and money laundering.
• The decision has legal backing from the Supreme Court of Nepal, which directed that no unregistered social media platform should operate.
• The Cabinet approved the enforcement on August 25, 2025, leading to the present action.

India Delivers First Tranche of 5 Metric Tonnes Cowpea Seeds as Humanitarian Aid to Fiji

• India handed over five metric tonnes of cowpea seeds as humanitarian assistance to Fiji in Nadi city, marking the first tranche of the delivery.

Key Highlights :

• This initiative is intended to support farming sustainability, growers, and food security in Fiji.
• Both India and Fiji reaffirmed their commitment to strengthening ties in defence, health, trade, agriculture, climate action, and people-to-people exchanges.
• This event occurred during the first official visit of Fiji’s PM Sitiveni Rabuka to India, where he held talks with PM Narendra Modi.
• As a gesture of goodwill, India gifted two ambulances to the Fijian Military Forces; announced the establishment of a Defence Wing at India’s High Commission in Suva; and a Cyber Security Training Cell in Fiji.
• In the healthcare sector, an MoU was signed for a 100-bed Super Specialty Hospital in Suva, which is considered the largest Indian grant project in the Pacific.
• Under the Heal in India programme, Fijian citizens will gain access to tertiary medical care in Indian hospitals.
• Fiji’s active membership in the ISA (International Solar Alliance), CDRI (Coalition for Disaster Resilient Infrastructure), and GBA (Global Biofuels Alliance) was welcomed.
• A new initiative was announced to set up a Solar Training Centre at Fiji National University.
• Fiji granted market access for Indian ghee, and India announced the gifting of 12 drones, 2 mobile soil testing labs, and more cowpea seeds.
• For cultural cooperation, the International Geeta Mahotsav is set to be organized in Fiji in 2025.
• A Declaration of Intent on Migration and Mobility was signed to facilitate the movement of professionals and students between the two countries.
• An MoU was signed between the Bureau of Indian Standards (BIS) and Fiji’s Department of National Measurement and Standards (DNTMS) for standardization cooperation.
• An MoU was also signed between NABARD (India) and the Fiji Development Bank to foster agricultural and rural development cooperation.

CURRENT AFFAIRS: NATIONAL AND STATE NEWS

MAR-a-THON 2025 – India’s Maritime Hackathon Launched at IIT Madras

• The Ministry of Ports, Shipping and Waterways (MoPSW), in collaboration with the National Technology Centre for Ports, Waterways & Coasts (NTCPWC), IIT Madras, the National Maritime Complex (NMC), and the Chennai Port Authority (ChPA), launched MAR-a-THON 2025 – India’s Maritime Hackathon at IIT Madras.

Key Highlights

• Organised under the Sagarmala Start-up Innovation Initiative (S2I2), it aims to promote Research, Innovation, Start-ups, and Entrepreneurship (RISE) in the maritime sector and acted as the curtain-raiser to India Maritime Week 2025.
• Shri T.K. Ramachandran, IAS, Secretary, MoPSW, highlighted the role of technology-driven growth and said MAR-a-THON would act as a catalyst in identifying industry challenges and supporting innovative solutions aligned with Maritime AmritKaal 2047.
• Key announcements included the launch of the Hackathon video, official website, brochure, Innovation Challenges, and timeline:
  • 25 August – 29 September 2025: Application window for start-ups
  • 16–18 October 2025: Hackathon event at IIT Madras
  • India Maritime Week 2025: Award ceremony and signing of agreements with selected start-ups
• Selected start-ups to receive milestone-based funding: Proof of Concept – up to ₹10 lakh; Seed Funding (Minimum Viable Product) – up to ₹60 lakh; Tech Pilot Grant (Commercial Scale-up) – up to ₹1 crore.
• A panel discussion on NAVIC #9 (Research, Innovation, Start-ups and Entrepreneurship) featured policymakers, industry, academia, and start-ups discussing collaboration opportunities.
• The programme included a start-up exhibition and visit to the Sudha & Shankar Innovation Hub, showcasing emerging maritime technologies.
• MAR-a-THON 2025 reflects MoPSW’s commitment to innovation, entrepreneurship, and a robust Blue Economy, aligned with Maritime India Vision 2030 and AmritKaal Vision 2047.

RECENT NEWS

• In a significant stride towards self-reliance in space technology, the Indian Space Research Organisation (ISRO) and the Indian Institute of Technology Madras (IIT Madras) have collaboratively developed and successfully booted an indigenous semiconductor chip named ‘IRIS’ (Indigenous RISC-V Microprocessor for Space Applications).

Phase-II of PSA Mumbai Terminal at Jawaharlal Nehru Port Inaugurated

• Prime Minister Narendra Modi and Singapore Prime Minister Lawrence Wong jointly inaugurated Phase-II of the PSA Mumbai Terminal at Jawaharlal Nehru Port (JNPA) via virtual mode.
• With the completion of this phase, the terminal’s handling capacity has expanded to 4.8 million Twenty-foot Equivalent Units (TEUs), officially making it India’s largest container terminal.

Key Highlights

• The terminal is operated by PSA International, a Singapore-based global port operator, and serves as a critical node in the India-Singapore logistics corridor.
• Features of the upgraded facility include state-of-the-art cranes, automated systems, and a direct rail link to the Dedicated Freight Corridor (DFC), aligning the terminal with global efficiency benchmarks.
• The expansion will significantly improve cargo movement, reduce logistical costs, and enhance India’s export competitiveness.
• Strategically, the project reflects India-Singapore cooperation in infrastructure modernization, trade connectivity in the Indo-Pacific, and foreign investment in strategic assets.

RECENT NEWS

• Prime Minister Narendra Modi has been honoured with Brazil’s highest civilian award, the Grand Collar of the National Order of the Southern Cross. This recognition was presented by Brazilian President Luiz Inácio Lula da Silva as a mark of respect for the growing diplomatic, economic, and cultural ties between India and Brazil.

Angikaar 2025 Campaign Launched to Boost Pradhan Mantri Awas Yojana – Urban 2.0

• Union Minister for Housing and Urban Affairs Manohar Lal launched Angikaar 2025 in New Delhi to strengthen the implementation of Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0).
• The campaign aims to raise awareness, accelerate house completions, and ensure last-mile delivery across more than 5,000 Urban Local Bodies.

Key Highlights

• Duration: 4 September 2025 to 31 October 2025 (two-month national campaign).
• Focus areas include creating awareness about Pradhan Mantri Awas Yojana – Urban 2.0, fast-tracking application verification, completing sanctioned houses, informing beneficiaries about related schemes such as the Credit Risk Guarantee Fund Trust for Low Income Housing and the Pradhan Mantri Surya Ghar: Muft Bijli Yojana, and prioritizing vulnerable groups under the Special Focus Group category.
• The campaign is being implemented through door-to-door outreach, community events, and loan fairs, ensuring Jan Bhagidari (people’s participation) so that no eligible beneficiary is left behind.
• Progress under Pradhan Mantri Awas Yojana – Urban: Out of 120 lakh sanctioned houses, 94.11 lakh pucca houses have already been completed and delivered. Under PMAY-U 2.0, one crore additional urban families will receive ₹2.5 lakh financial assistance each to build or buy pucca houses.
• The initiative is important for bridging the last-mile delivery gap, ensuring convergence with other welfare schemes, empowering vulnerable and low-income urban populations, and reaffirming the government’s commitment to Housing for All.

Aadhaar Authentication Crosses 221 Crore Transactions in August 2025

• Over 221 crore authentication transactions were executed in August 2025, higher than both the previous month and the same period in 2024.
• This reflects a 10.3% growth compared to August 2024, indicating the rising utility of Aadhaar and the expansion of the digital economy.

Key Highlights

• Aadhaar Face Authentication showed rapid growth with 18.6 crore transactions in August 2025, compared to 6.04 crore in August 2024.
• So far, 213 crore face authentication transactions have been executed in total.
• On 1 September 2025, the highest-ever single-day face authentications were recorded at 1.5 crore, surpassing the earlier record of 1.28 crore on 1 August 2025.
• The Artificial Intelligence (AI)-based face authentication works on both Android and iOS platforms, ensuring security and convenience.
• More than 150 entities, including government ministries, departments, financial institutions, oil marketing companies, and telecom service providers, are using Aadhaar face authentication for welfare delivery and services.
• In August 2025, 38.53 crore e-Know Your Customer (e-KYC) transactions were completed, strengthening customer experience and ease of doing business in banking and non-banking financial sectors.

Green Hydrogen Pilot Project Inaugurated at V.O. Chidambaranar Port, Tamil Nadu

• On the birth anniversary (September 5) of freedom fighter V.O. Chidambaranar, Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal inaugurated a green hydrogen pilot project and laid foundation for multiple infrastructure projects at V.O. Chidambaranar Port, Tuticorin.
• The green hydrogen pilot plant makes Tuticorin one of the early adopters of hydrogen-based energy in the Indian port sector, supporting India’s clean energy transition.
• Key projects launched:
  • Tenth Container Terminal (7.4 hectares) to boost cargo handling.
  • 110 kV Substation for port energy needs.
  • 6 MW Wind Energy Project (₹59 crore investment) to strengthen renewable power.
  • Green Campus Drive with tree plantation for environmental sustainability.
• Tribute paid to V.O. Chidambaranar (Kappal Ottiya Thamizhan), founder of the Swadeshi Steam Navigation Company and pioneer of India’s maritime independence.
• The initiatives aim to make Tuticorin Port a hub for green shipping, expand container and cargo capacity, and serve as a model for eco-friendly port operations under the Sagarmala initiative.
• National Green Hydrogen Mission (NGHM) – Key Facts:
  • Approved: January 2023 by Union Cabinet
  • Ministry of New & Renewable Energy is implementing agency
  • Budget: ₹19,744 crore
  • Objective: Make India a global hub for green hydrogen production, utilisation & export, and support sustainable energy & climate goals.

RECENT NEWS

• Tamil Nadu Chief Minister MK Stalin on Friday formally unveiled the State Education Policy (SEP), crafted as a state-specific alternative to the National Education Policy (NEP). The announcement took place at the Anna Centenary Library Auditorium in Kotturpuram, marking the culmination of over a year’s work by a 14-member committee led by retired Justice Murugesan

About Tamil Nadu:

• Capital: Chennai
• Chief Minister: K. Stalin
• Governor: N. Ravi
• National Parks: Mudumalai National Park, Mukurthi National Park, Gulf of Mannar Marine National Park, Indira Gandhi (Anamalai) National Park, Guindy National Park
• Wildlife Sanctuaries: Vedanthangal Bird Sanctuary, Vettangudi Bird Sanctuary, Kalakad Wildlife Sanctuary, Sathyamangalam Wildlife Sanctuary, Vallanadu Wildlife Sanctuary, Megamalai Wildlife Sanctuary, Point Calimere Wildlife Sanctuary

NITI Aayog Report on Achieving Self-Sufficiency in Pulses by 2030 and Doubling Production by 2047

• NITI Aayog recommended strategies to make India self-sufficient in pulses by 2030 and double production by 2047.

Key Highlights

• Pulses production is projected to rise from 26.06 million tonnes (2022) to 34.45 million tonnes (2030) and 51.57 million tonnes (2047).
• Crop-level estimates: 32.1 million tonnes (2030) and 50.7 million tonnes (2047).
• Supply of pulses (after accounting seed, feed, wastage) projected at 30.6 million tonnes (2030) and 45.8 million tonnes (2047).
• Surplus projection: 3.79 million tonnes by 2030 and 16.48 million tonnes by 2047.
• Key recommendations: crop-wise clustering, customised technologies, high-quality seed distribution, 111 high-potential districts, one block one seed village model, climate adaptation, and data-led monitoring.
• Report stresses awareness on nutritional value of pulses, diet inclusion, and alignment with ICMR–NIN guidelines.
• Adoption of a comprehensive supply-demand approach is crucial for achieving Atmanirbharta in pulses and ensuring sustainability.

RECENT NEWS

• NITI Aayog, in collaboration with the Internet and Mobile Association of India (IAMAI), has released a new report titled “Rethinking Homestays: Navigating Policy Pathways”, offering a strategic roadmap to strengthen India’s homestay and BnB ecosystem.

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

Sundeep Sikka, Chief Executive Officer of Nippon Life India AMC, elected Chairman of Association of Mutual Funds in India

• The Association of Mutual Funds in India (AMFI) has elected Sundeep Sikka, Executive Director & Chief Executive Officer (CEO) of Nippon Life India Asset Management, as its Chairman.
• Vishal Kapoor, CEO of Bandhan AMC, has been elected as the Vice Chairman of AMFI.
• Sundeep Sikka earlier served as the Chairman of AMFI from 2013 to 2015 and has been on the AMFI Board since 2009.
• Vishal Kapoor has been Chairman of the ARN Committee since 2020 and has been on the AMFI Board since 2018.
• AMFI was established in 1995 and functions under the guidance of SEBI to protect investors, promote ethical practices, and increase public awareness of mutual funds.

Citibank Appoints Kaustubh Kulkarni as Co-Head of Investment Banking in Asia-Pacific

• Citibank has appointed Kaustubh Kulkarni as Co-Head of Investment Banking Coverage for Japan, Asia North & Australia, and Asia South.
• He will be serving alongside Jan Metzger, who is the Head of Asia Pacific Banking, Capital Markets and Advisory (BCMA).
• Kulkarni is scheduled to join in December 2025, pending regulatory approvals, and will be based in Singapore.
• He previously worked at JP Morgan as the Senior Country Officer for India and Vice Chair, Asia Pacific region.
• He began his career at JP Morgan in 1997, where he was responsible for major M&A, debt, and equity transactions across Asia and India.
• Also, Satish Arcot (JP Morgan) has been appointed by Bank of America as the Head of Capital Markets Business in India and is expected to join at the end of 2025.
• In August 2025, Citi made two other key appointments:
  • Vikram Chavali was named MD & Head of Global Asset Managers (GAM) for Japan & North Asia (JANA) and Asia South. He joins from Goldman Sachs and will be based in Hong Kong.
  • Deepak Dangayach was appointed MD & Co-Head of Debt Capital Markets for JANA and Asia South, based in Hong Kong.
• According to Dealogic data, Citi has raised nearly $200 billion in 2025 (YTD) for its Asia Pacific clients from local and global capital markets.

Indian-American Amit Kshatriya Named as National Aeronautics and Space Administration’s New Associate Administrator

• Indian American Amit Kshatriya has been appointed as Associate Administrator, the highest-ranking civil service post at National Aeronautics and Space Administration (NASA).
• The appointment was announced by Acting NASA Administrator Sean P. Duffy on September 3, 2025.
• Amit Kshatriya joined NASA in 2003.
• He is a recipient of the Silver Snoopy Award for his role as lead robotics officer during the Commercial Orbital Transportation Services Dragon demonstration mission.
• Kshatriya, a 20-year NASA veteran, was most recently the deputy in charge of the Moon to Mars Programme in the Exploration Systems Development Mission Directorate (ESDMD) at the NASA headquarters in Washington.
• In his new role, he will lead NASA’s 10 centre directors, act as Chief Operating Officer, and guide missions under the Artemis campaign to return humans to the Moon and prepare for Mars exploration.

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

Longest Total Lunar Eclipse of 2025 (Blood Moon) to Occur on September 7–8, Lasting 82 Minutes

• A total lunar eclipse (Blood Moon) will occur on September 7–8, 2025, and will last for 82 minutes, making it the longest total lunar eclipse of 2025.
• The eclipse will be widely visible across Asia, Africa, Europe, and Australia, but not visible in North and South America due to daytime skies.
• A Blood Moon happens when the Earth comes directly between the Sun and Moon, and the Moon appears red due to Rayleigh scattering, a phenomenon where shorter blue light scatters away and red light bends towards the Moon.
• The eclipse timeline (in UTC) is as follows: Penumbral begins at 15:28, Partial begins at 16:27, Totality begins at 17:30, Maximum eclipse at 18:11, Totality ends at 18:52, Partial ends at 19:56, and Penumbral ends at 20:55.
• The totality duration of 82 minutes is longer than the typical 60–70 minutes, providing observers with an extended viewing period.
• The best visibility will be in India, China, Japan, Australia, Africa, and much of Europe.
• The eclipse is safe to view with the naked eye, but the view can be enhanced with binoculars, telescopes, and by observing from dark skies that are free from light pollution.
• For global audiences, the event will be live-streamed by com, Virtual Telescope Project, and NASA.
• The scientific importance of the event lies in the Moon’s color, which helps scientists study Earth’s atmospheric conditions, including dust, pollution, and clouds.
• The cultural importance is linked to myths, harvest festivals, and rituals, as the eclipse coincides with the Harvest Moon.
• For observers in North America, the next opportunity to see a total lunar eclipse will be on March 2–3, 2026.

CURRENT AFFAIRS: IMPORTANT DAYS

World Literacy Day: September 8

• World Literacy Day or International Literacy Day is observed each year on the 8th of September.
• International Literacy Day is observed in order to create awareness about literacy.

History

• In 1966, UNESCO declared the 8th of September as World Literacy Day to remind the importance of literacy as a matter of dignity and human rights for people.
• This day was declared by The United Nations Educational, Scientific, and Cultural Organisation or UNESCO on 26th October 1966
• UNESCO encourages International Literacy Day in partnership with governments, local communities, charities, and experts in the field worldwide.
• International Literacy Day was first coined in the “World Conference of Ministers of Education on the Eradication of Illiteracy” held in Tehran, Iran in 1965.
• According to UNESCO “Literacy is the best remedy” which is a right for all to an education.

World Physical Therapy Day: September 8

• Every year 8th of September is observed as World Physical Therapy Day.
• World Physical Therapy Day got recognized by the World Confederation for Physical Therapy in the year of 1996.

History

• In ancient times, the first report of physical therapy came from Hippocrates. From then physiotherapy has progressed from a simple massage to a complex portfolio of therapies with a worldwide range.
• In 1813, the Father of Swedish Gymnastics (Per Henrik Ling) constructed the Royal Central Institute of Gymnastics(RCIG) to produce medical benefits for the athlete.
• Sweden’s National Board of Health and Welfare granted physical therapists official registration in 1887.
• In India, physiotherapy was first started in the year of 1952.
• The first physiotherapy centre was started in Mumbai with the support of the Government and the support of the  World Health Organisation(WHO).

Daily CA One- Liner: September 7 & 8

• The Ministry of Ports, Shipping and Waterways (MoPSW), in collaboration with the National Technology Centre for Ports, Waterways & Coasts (NTCPWC), IIT Madras, the National Maritime Complex (NMC), and the Chennai Port Authority (ChPA), launched MAR-a-THON 2025 – India’s Maritime Hackathon at IIT Madras
• Prime Minister Narendra Modi and Singapore Prime Minister Lawrence Wong jointly inaugurated Phase-II of the PSA Mumbai Terminal at Jawaharlal Nehru Port (JNPA) via virtual mode
• Union Minister for Housing and Urban Affairs Manohar Lal launched Angikaar 2025 in New Delhi to strengthen the implementation of Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0).
• Over 221 crore authentication transactions were executed in August 2025, higher than both the previous month and the same period in 2024
• On the birth anniversary (September 5) of freedom fighter V.O. Chidambaranar, Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal inaugurated a green hydrogen pilot project and laid foundation for multiple infrastructure projects at V.O. Chidambaranar Port, Tuticorin
• NITI Aayog recommended strategies to make India self-sufficient in pulses by 2030 and double production by 2047
• Bank of Baroda (BoB) has classified the loan account of Reliance Communications (RCom) and its former promoter Anil Ambani as fraud, making it the third lender after State Bank of India (SBI) and Bank of India (BoI).
• Indian Bank has migrated its corporate website to indianbank.bank.in in line with the Reserve Bank of India (RBI) directive.
• As per the FY25 Business Responsibility and Sustainability Report (BRSR), State Bank of India (SBI) received the highest number of customer complaints among all banks.
• Bandhan AMC Limited has received Securities and Exchange Board of India (SEBI) approval to launch Specialised Investment Funds (SIFs).
• Microfinance Institutions (MFIs) saw disbursements fall 24% Year on Year (y-o-y) to ₹22,805 crore in Q1 2025–26 (ended June).
• The Fifth Cohort of the Regulatory Sandbox (RS) was ‘Theme Neutral’, with five entities shortlisted for testing.
• On September 4, 2025, the Government of Nepal banned 26 unregistered social media platforms, including Facebook, WhatsApp, Instagram, YouTube, and X (Twitter).
• India handed over five metric tonnes of cowpea seeds as humanitarian assistance to Fiji in Nadi city, marking the first tranche of the delivery.
• The Association of Mutual Funds in India (AMFI) has elected Sundeep Sikka, Executive Director & Chief Executive Officer (CEO) of Nippon Life India Asset Management, as its Chairman.
• Citibank has appointed Kaustubh Kulkarni as Co-Head of Investment Banking Coverage for Japan, Asia North & Australia, and Asia South.
• Indian American Amit Kshatriya has been appointed as Associate Administrator, the highest-ranking civil service post at National Aeronautics and Space Administration (NASA).
• A total lunar eclipse (Blood Moon) will occur on September 7–8, 2025, and will last for 82 minutes, making it the longest total lunar eclipse of 2025.
• World Literacy Day or International Literacy Day is observed each year on the 8th of September
• Every year 8th of September is observed as World Physical Therapy Day