Current Affairs 18 September 2025

India’s Unemployment Rate Declines to 5.1% in August 2025.

• India’s overall unemployment rate fell to 5.1% in August 2025.
• Male unemployment dropped to a five-month low of 5.0%; both urban and rural areas showed improvement.
• Rural unemployment declined significantly, from 5.1% in May to 4.3% in August.
• Female participation in the workforce rose, with the female labour force participation rate (LFPR) increasing from 32% in June to 33.7% in August.

Kotak811 Ranked 3rd Globally in Banking App Downloads for H1 2025.

• Kotak811 ranked 3rd globally in banking app downloads in H1 2025, surpassing SBI Yono with 16 million downloads.
• The app saw an impressive 250% year-on-year growth, marking the fastest growth rate among all banking apps globally.
• Despite RBI restrictions on digital onboarding, Kotak811 thrived due to its fully digital model and customer-centric offerings.

Myntra Launches "Souragya" with Sourav Ganguly for Durga Puja.

• Myntra has partnered with Sourav Ganguly to launch Souragya, a premium Bengali-inspired ethnic wear brand.
• The collection includes Sherwanis, kurtas, and ceremonial wear with Kantha embroidery, Jamdani weaves, and Batik prints.
• The launch comes just before Durga Puja, aligning with India’s largest cultural shopping season.

Baba Kalyani Honoured with ASME Holley Medal for Engg Leadership.

• Baba Kalyani, Chairman and Managing Director of Bharat Forge, received the prestigious Holley Medal from the American Society of Mechanical Engineers (ASME).
• The award recognizes Kalyani’s engineering leadership in addressing global supply chain challenges and advancing resilient manufacturing.
• The Holley Medal, established in 1924, celebrates engineering achievements.

Manipur inaugurates the 14th Sirarakhong Hathei Chilli Festival.

• The 14th Sirarakhong Hathei Chilli Festival was held in Sirarakhong Village, Ukhrul district, Manipur, celebrating the GI-tagged Hathei chilli.
• The festival promotes the distinct aroma and vibrant red color of the chilli, boosting its recognition across India.
• The festival focuses on promoting agri-tourism, providing market linkages for farmers, and encouraging environmental conservation.