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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.

Question 1 of 11

1. What is the mantra guiding India's economic vision, as stated by Prime Minister Narendra Modi?

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