RBI’s Revised LTV Norms to Boost NBFC Gold Loans
The Reserve Bank of India has revised its loan-to-value (LTV) norms for gold loans by non-banking financial companies (NBFCs), allowing them to offer higher loans against gold collateral. This move, effective from June 2025, is expected to boost credit flow in rural and semi-urban areas where gold is a primary asset. According to Crisil, the revision will improve liquidity for borrowers while expanding NBFCs’ lending capabilities. As demand for quick, secured loans rises, gold loans are becoming an essential financial instrument. The RBI’s update aligns with efforts to enhance financial inclusion through accessible and asset-backed credit.
Indian Army Tests Indigenous Rudrastra VTOL Drone
In a major leap for indigenous defense technology, the Indian Army successfully tested the Rudrastra Vertical Take-Off and Landing (VTOL) drone, designed for precision strikes. Developed domestically, Rudrastra combines stealth, agility, and real-time targeting capabilities, making it ideal for high-altitude and border operations. The successful trial marks a step forward in India’s Atmanirbhar Bharat initiative for defense self-reliance. Defense analysts see this as a game-changer for future combat scenarios, especially with the rising role of unmanned aerial platforms in modern warfare. The Indian Army aims to deploy the drone for both surveillance and tactical missions.
World Blood Donor Day 2025: Saluting Lifesavers
Observed on June 14 each year, World Blood Donor Day recognizes the selfless heroes who donate blood to save lives. In 2025, the campaign celebrates voluntary donors whose contributions support emergency care, surgeries, and treatments worldwide. The day also encourages new donors to step forward, especially in regions with shortages. Health agencies are organizing drives, awareness events, and recognitions for repeat donors. Safe blood remains a critical part of modern healthcare, and this observance serves to thank donors while reminding the world of the ongoing need for regular, voluntary blood donation to sustain lives.
World Elder Abuse Awareness Day 2025: Dignity for Seniors
On June 15, the globe marks World Elder Abuse Awareness Day, spotlighting the need to protect the dignity and rights of older individuals. In 2025, the theme emphasizes community action against neglect, exploitation, and psychological harm faced by seniors. Governments, caregivers, and NGOs worldwide are urging better laws, reporting systems, and public awareness. With populations aging rapidly, the day serves as a reminder that elders deserve safety, respect, and inclusion. As societies evolve, ensuring older generations live with dignity is both a moral and societal responsibility, reinforced through campaigns, education, and intergenerational support.
World Test Championship Winners List (2019–2025)
The ICC World Test Championship, launched to crown a definitive Test cricket champion, has now seen three editions. New Zealand claimed the first title (2019–2021) by beating India. Australia dominated the 2021–2023 final, again against India. Now in 2025, South Africa has emerged victorious, overcoming Australia at Lord’s in a thrilling finale. This historic progression not only showcases the balance of power in world cricket but also underlines the resurgence of South African cricket. The WTC has added fresh intensity to the traditional format, renewing global interest in five-day cricket with memorable finals and legendary performances.
Sun Pharma Appoints Kirti Ganorkar as Managing Director
Sun Pharmaceutical Industries Ltd., India’s top pharma company, has appointed Kirti Ganorkar as its new Managing Director. With decades of experience in global business strategy and healthcare innovation, Ganorkar’s elevation signals a new chapter for Sun Pharma’s growth trajectory. He replaces Dilip Shanghvi in the MD role, though Shanghvi remains closely involved with strategic leadership. Industry watchers view this move as a shift toward operational efficiency and global expansion. Under Ganorkar’s leadership, Sun Pharma aims to strengthen its research, tap emerging markets, and expand specialty drug portfolios, reinforcing its status as a global pharmaceutical powerhouse.