Current Affairs 03 September 2025

India Unveils First Made-in-India 32-Bit Processor at Semicon India'25.

• Union Minister Ashwini Vaishnaw presented India’s first made-in-India 32-bit processor, Vikram-32, to PM Modi at Semicon India 2025.
• Developed by ISRO's Semiconductor Lab, the processor is designed for space missions and features advanced floating-point computation.
• This milestone strengthens India’s semiconductor capabilities and reduces dependence on imported chips.

UPI Crosses 20 Billion Transactions for the First Time in August 2025.

• UPI achieved a historic milestone, surpassing 20 billion transactions in August 2025, a 34% increase YoY.
• The total transaction value reached ₹24.85 lakh crore, marking a 24% YoY growth.
• The average daily transaction count in August was 645 million, highlighting UPI's growing dominance in digital payments.

PRATUSH Mission Aims to Detect Cosmic Dawn Using SBC-Based Radiometer.

• PRATUSH plans a lunar far-side mission to detect the Cosmic Dawn signal, free from Earth's radio interference.
• The team developed a compact digital receiver system using a Raspberry Pi-based SBC to manage data and calibrations.
• This technology is key to unlocking insights about the Universe's earliest stars and new physics.

ICC Announces Record USD 4.48 Million Prize for 2025 Women’s World Cup.

• The ICC has set a record prize of USD 4.48 million for the 2025 Women’s World Cup winners, marking a 239% increase from 2022.
• The total prize pool stands at USD 13.88 million, up 297%, surpassing the 2023 Men’s World Cup in financial rewards.
• This move highlights a significant step towards gender equality and boosts investment and recognition in women’s cricket.

India's GST Collection Reaches ₹1.86 Trillion in August 2025.

• India's total GST revenue for August 2025 stood at ₹1.86 trillion, marking a 6.5% YoY increase.
• The growth rate was the second slowest this fiscal year, attributed to tariff uncertainties and weak demand.
• Net GST revenue, post-refunds, rose by 10.7% YoY to ₹1.67 trillion.
• The GST Council is considering reforms to simplify compliance and tax slabs.