August 24, 2025 - Current affairs for all the Exams: India's Latest: Economic Vision, Defence Boost, and Key Developments (August 23-24, 2025)
August 24, 2025
India witnessed significant developments over the last 24 hours, including major economic and defence announcements, high-profile investigations, and important diplomatic engagements. Prime Minister Narendra Modi outlined India's ambition to become the world's third-largest economy and urged the private sector to boost research and development, particularly in the space sector with a vision for 50 rocket launches annually and India's own space station. The Central Bureau of Investigation (CBI) booked Reliance Communications and its promoter director Anil Ambani in an alleged ₹2,000-crore bank fraud case, with Ambani denying the allegations. In defence, India announced a joint manufacturing initiative with France for advanced jet engines. Diplomatically, Fiji's Prime Minister Sitiveni Rabuka arrived in India for a four-day visit. Meanwhile, heavy rainfall caused flash floods in Jammu & Kashmir's Kathua, and the Army continued relief operations in Uttarakhand's Chamoli district. In sports, cricketer Cheteshwar Pujara announced his retirement from all forms of Indian cricket.