Economy / Market Snapshot – August 2025

General News

• Parliament adjourned sine die; Lok Sabha passed 12 bills, Rajya Sabha 14 amid Opposition protests.
• PM announces slew of initiatives from ramparts of Red Fort to embrace Aatmanirbhar Bharat.
• Maharashtra Governor CP Radhakrishnan named NDA’s Vice Presidential candidate; Sudershan Reddy, former SC judge, is Opposition’s pick.
• Vice President election to be held on Sept 9, result on same day.
• PM Modi attends 15th India-Japan Annual Summit in Tokyo.
• SCO summit: PM Modi in China after 7 years; Xi Jinping to host over 20 world leaders including Putin.
• PM Modi speaks with Zelensky, urges for peaceful resolution of Russia conflict.
• PM Modi & Brazilian President Lula discuss strengthening India-Brazil strategic partnership via call.
• India-New Zealand hold inaugural defence strategic dialogue to strengthen bilateral cooperation.
• NSA Ajit Doval meets Russian President Vladimir Putin in Moscow; Russian President to visit India soon.
• S Jaishankar holds meeting with his South Korean counterpart, Cho Hyun to deepen bilateral cooperation.
• Indian & Australian Army Chiefs discuss defence cooperation, regional stability in New Delhi.
• India receives final batch of Airbus C-295 aircraft ahead of schedule in Spain.
• Cabinet approves ₹67,000 crore project for production of 97 improved Tejas Mk1A jets.
• India successfully test-fires Agni-5 intermediate range ballistic missile.
• India, France set to join hands to build engines for indigenous stealth jet.
• Indian Navy commissions the advanced stealth frigates Udaygiri and Himgiri at Visakhapatnam.
• IAF retires fighter jet, MiG-21 after decades of service.
• Rajnath Singh & Yogi Adityanath inaugurate Defence Equipment & Drone Unit in NOIDA, UP.
• ISRO completes first integrated parachute test for Gaganyaan crew module.
• Cabinet approves extension and restructuring of PM SVANidhi Scheme till 2030.
• Cabinet approves ₹6,520 crore outlay for Pradhan Mantri Kisan Sampada Yojana.
• UIDAI partners with Starlink for seamless Aadhaar-based customer verification.
• President appoints Manipur Governor Ajay Kumar Bhalla as Governor of Nagaland.
• PM Modi inaugurates and lays foundation stones for projects worth ₹5,200 crore in Kolkata.
• PM inaugurates, lays foundation stone of development projects worth around ₹13,000 crore in Bihar.
• Supreme Court directs ECI to publish names, reasons for excluding 65 lakh electors from Bihar draft roll.
• EC issues notices to around 3 lakh people in Bihar over suspected citizenship.
• Bihar Cabinet reserves 85% of teaching jobs for natives ahead of polls.
• Rahul Gandhi begins 16-day voter Adhikar Yatra across 23 districts.
• Delhi CM launches ‘Delhi Ko Koode Se Azadi’ campaign to clean every street, market.
• Maharashtra government inks MoUs worth ₹42,000 crore ahead of local polls.
• Tamil Nadu unveils State Education Policy, counters NEP with two-language system.
• Uttarkashi cloudburst: Several feared missing as flash floods sweep away buildings in Uttarakhand.
• J&K cloudburst kills at least 40, over 100 missing.
• Mohan Bhagwat emphasizes self-reliance, calls for voluntary global trade at RSS centenary.
• Supreme Court modifies earlier directive, allows release of strays from Delhi shelters after immunisation.
• Satyapal Malik, former J&K Governor, Former Jharkhand CM Shibu Soren and Nagaland Governor and former BJP leader L. Ganesan passed away.
• National Awards 2025: SRK and Vikrant Massey win Best Actor, Ranu Mukerji bags Best Actress Award.
• Israel’s security cabinet approves PM Benjamin Netanyahu’s proposal to occupy Gaza.
• Trump says Zelenskyy can decide to end war, rules out reclaiming Crimea.
• Israel launches first phase of Gaza city ground offensive amid global concerns and ceasefire push.
• Putin-Trump Alaska Summit ends without deal on Ukraine conflict.
• US President Trump urges Ukraine to seek deal with Russia.
• Pentagon blocks Ukraine from using US long-range missiles to strike Russia.
• Zelenskyy seeks talks with Trump, European leaders on slow progress of peace efforts with Russia.
• National Guard takes control in Washington, DC, after US President declared ‘criminal emergency’.
• President Donald Trump names close aide Sergio Gor as next US ambassador to India.
• White House names Jim O’Neill as replacement for director of US CDC.
• Taiwan reports surge in Chinese military activity.
• North Korea tests newly improved air defence missiles.
• Iran’s Supreme National Security Council approves formation of new defence council.
• France, Germany & UK trigger 30-day process to reimpose UN sanctions on Iran over its nuclear program.
• Australia and Japan sign largest-ever defence deal, Australia to acquire 11 advanced stealth frigates.
• Pakistan Army chief Asim Munir delivers ‘nuclear threat’ from US soil.
• Former Sri Lankan President Ranil Wickremesinghe arrested over alleged misuse of state funds.
• Sports Minister Mansukh Mandaviya unveils India’s first-ever Mondo Track.
• Govt announces formation of task force to formulate sports goods manufacturing policy.
• Cabinet approves India’s 2030 Commonwealth Games bid, names Ahmedabad as ideal host.
• First Khelo India Water Sports Festival held at Dal Lake; 500 athletes from 36 states and UTs participate.
• India Asia Cup: 15-man squad announced; Gill named vice-captain.
• Rajeev Shukla takes over as BCCI chief on interim basis as Binny steps down.
• Rahul Dravid steps down as head coach of Rajasthan Royals.
• Cheteshwar Pujara retires from all forms of Indian cricket.
• Ravichandran Ashwin announces retirement from IPL.
• Pakistan Cricket Board issues ‘blanket ban’ on future participation in WCL.
• Roger Federer returns after 3 years; to play in Shanghai Masters 2025.

Business News

• Income Tax Act 2025 gets President’s assent; will be effective from 1st April 2026.
• GoM approves Centre’s GST rate rationalisation proposal, backing the proposed two-slab structure.
• Cabinet approves Gaming Bill making online betting punishable.
• India suspends booking of all categories of mail for US.
• PM Modi flags off Maruti’s ‘made-in-India’ EV, to be exported to over 100 countries.
• Rajnath Singh lays foundation stone for ₹1,800 crore BEML Rail Hub in Madhya Pradesh.
• FASTag annual pass launched; ₹3,000 for 200 highway trips; applies at NH and NE toll plazas.
• Ashwini Vaishnaw inaugurates Optiemus’ tempered glass factory entailing ₹870 crore investment.
• Govt extends Export Obligation Period to provide relief to textile exporters.
• National Waterway-57 operationalised on Assam’s Kopili river, maiden cargo flagged off.
• India’s GDP grows to a five-quarter high of 7.8% in first quarter of FY 2025-26.
• RBI keeps repo rate steady at 5.5%, maintains neutral stance amid global uncertainty.
• RBI to Introduce same day cheque credit system from Oct 4; within 3 hours from Jan 3, 2026.
• ICICI Bank lowers min balance requirement to ₹15,000 from ₹50,000.
• Yes Bank stake sale to Sumitomo gets RBI nod.
• RBI grants AU Small Finance Bank a universal license, first in a decade.
• NSDL, JSW Cement make their market debuts.
• SC halts coercive action against owners of 10-year-old diesel, 15-year-old petrol vehicles in Delhi-NCR.
• Renault Group acquires full ownership of Chennai plant, plans large expansion in India.
• Tata Motors and DIMO launch 10 new commercial vehicles in Sri Lanka, mark 65 years of partnership.
• Tesla opens showroom in Delhi Aerocity, EV deliveries to begin by September.
• Mahindra Logistics launches mobility service Alyte for urban commuting.
• Ather Energy announces Battery as a Service model for its e-scooters to increase customer base.
• India, China agree to resume direct flights, update air services agreement after bilateral talks.
• HPCL signs 10-year LNG deal with ADNOC Gas.
• Indian Oil signs MoU with Air India for supply of sustainable aviation fuel.
• Abu Dhabi signs agreement with IOC to provide one million tonnes of LNG per year.
• US President signs executive order raising tariffs on 68 countries & EU.
• Trump hits India with additional 25% tariff over Russian oil.
• India, Eurasian Economic Union sign terms of reference to begin FTA negotiations.
• China agrees in principle to resume trade with India through Shipki-La in Kinnaur, Himachal Pradesh.
• Trump threatens new tariffs on countries that tax tech companies.
• Pakistan to get first U.S. oil shipment as Cnergyico seals import deal.
• Iran moves to remove zeros from plunging national currency.
• LTIMindtree wins ₹800-crore PAN 2.0 project from CBDT to overhaul taxpayer services.
• DoT announces ₹47,000 crore capex plan to strengthen BSNL’s network.
• BSNL partners Ericsson, Nokia, Qualcomm and Cisco to boost 5G, AI, and digital skills.
• Starlink receives license to launch satellite internet service in India.
• US agency approves OpenAI, Google, Anthropic for federal AI vendor list.
• Nvidia, AMD agree to pay 15% of Chinese AI chip revenues to US for export licenses.
• RIL AGM 2025: Reliance Jio IPO set for mid-2026 debut; platform crosses 500 million users.
• RIL launches AI unit ‘Reliance Intelligence’ with Google, Meta as strategic partners.
• CBI books Anil Ambani’s RCOM for ₹2,000-crore bank fraud, searches premises.
• UPI records all-time high in July with 1,947 crore transactions worth ₹25.1 lakh crore.
• Chinese Group Ant Financial exits Paytm, sells 5.84% stake for ₹3,980 crore.
• Paytm unit gets RBI ‘in-principle’ nod for online payment aggregator business.
• Dream11, MPL, PokerBaazi shut real-money games after Online Gaming Bill.
• Winzo unveils short-video platform ‘ZO TV’ after shutting real-money gaming services.
• Yes Bank shareholders approve extension of CEO Prashant Kumar’s tenure till April 2026.
• Gautam Adani exits key managerial role at Adani Ports.
• Anant Ambani makes debut as RIL Executive Director at 2025 AGM.

Q1 Results

• SBI Q1 Net profit rises 12% to ₹19,160 crore, NII at ₹41,072 crore.
• Federal Bank Q1 Net profit falls 15% on-year to ₹862 crore.
• Tata Motors Q1 Profit plunges 63% YoY to ₹4,003 crore, revenue down 2.5%.
• HAL reports Q1 net profit at ₹1,377 crore, a 4.4% YoY decline, revenue rises 11% to ₹4,819 crore.
• Ashok Leyland Q1 net profit rises 13% to ₹594 crore, revenue up 1.5% at ₹8,725 crore.
• LIC Q1 Net profit rises 5% to ₹10,987 crore, net premium income up 5%.
• Bharti Airtel Q1 net profit rises 43% YoY to ₹5,948 crore.
• Bajaj Auto Q1 Cons profit jumps 14% YoY to ₹2,210 crore; revenue rises 10% to ₹13,133 crore.
• ITC Q1 Net profit remains flat at ₹4,912 crore; revenue up 15% at ₹20,911 crore.
• Biocon Q1 revenue rises 15%, net profit falls 95% on high base effect.
• HPCL Q1 Profit skyrockets 548% to ₹4,110 crore on improved margins.
• ONGC Q1 net profit drops 10% YoY to ₹8,024 crore on lower oil prices.
• IOC Q1 Net profit more than doubles to ₹5,689 crore, revenue up 1% to ₹2.19 lakh crore.
• Vodafone Idea net loss widens to ₹6,608 crore, average revenue per user up by 15% to ₹177.