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Monday, December 8, 2025

Daily GK Update- 8th Dec, 2025

 

NATIONAL UPDATES:

 

1. Bihar Launches ‘Mukhyamantri Bharat Darshan Yojana’ to Take Secondary Students on Nationwide Educational Tours: The Bihar government will launch the ‘Mukhyamantri Bharat Darshan Yojana’ to take secondary school students on educational tours across India.The scheme expands on the existing ‘Mukhyamantri Bihar Darshan Yojana’, which currently sends primary and middle school students on tours within Bihar.Under the new initiative, students will visit major historical sites and research institutions, with possible destinations including the Taj Mahal, Red Fort, Qutub Minar, Charminar, and Agra Fort.

 

2. Darjeeling Mandarin Orange Secures GI Tag :Darjeeling Mandarin Orange has received the Geographical Indication (GI) tag, recognising its historic sweetness, superior quality, and deep cultural association with the hills of Darjeeling and Kalimpong.The GI application was community-driven, initiated by former UBKV professor Tulsi Saran Ghimiray and later transferred to the Darjeeling Organic Farmers Producer Organisation, ensuring that the benefits directly reach local growers.Historically producing around 15,000 metric tonnes, the fruit’s cultivation suffered due to pests and viruses in recent years; the new GI status is expected to boost revival, improve market value, and strengthen the livelihoods of local farmers.

 

3. India Signs Two-Year MoU with Mastercard to Boost Premium Tourism and Showcase Unique Cultural Experiences :The Government of India and Mastercard have signed a two-year MoU to enhance India’s image as a premium travel destination for both domestic and international tourists, using Mastercard’s global platforms like the Priceless™ program.The collaboration aims to strengthen the tourism ecosystem by involving public and private stakeholders, promoting secure and responsible digital payments, and running joint marketing campaigns targeting diverse traveler groups.Starting with Goa, the Priceless™ platform will showcase exclusive experiences from Varanasi and interior regions of Andhra Pradesh, with more destinations to be added to highlight India’s cultural, spiritual, natural, and culinary heritage.

 

4. Numaligarh Refinery Granted Navratna Status, Boosting Assam’s Energy and Green Growth Initiatives :Numaligarh Refinery Ltd (NRL) has been granted Navratna status, a major milestone for Assam’s oil and gas sector, with Chief Minister Himanta Biswa Sarma thanking PM Narendra Modi and Union Minister Hardeep Singh Puri for their support.The upgrade highlights the Centre’s strong confidence in NRL’s strategic role as it leads major energy and petrochemical projects in the Northeast, including the large-scale NREP refinery expansion and the newly inaugurated bamboo-based 2G bioethanol plant.With Navratna status, NRL gains greater financial autonomy and investment flexibility, expected to speed up industrial growth, strengthen Assam’s position as an energy hub, and boost employment and downstream economic activity in the region.State-owned explorer Oil India is the promoter of NRI holding 69.63% stake in the refinery, along with the state government of Assam (26%), and Engineers India (4.37%).

INTERNATIONAL UPDATES:

 

1. Odisha CM Inaugurates 36th Konark Festival and 15th International Sand Art Festival: Odisha CM Mohan Charan Majhi inaugurated the 36th Konark Festival and 15th International Sand Art Festival, beginning five days of cultural celebrations featuring dance, music and creative sand art.

The festivals, organised by the Tourism Department, Odisha Sangeet Natak Akademi, and OTDC, aim to showcase India’s rich cultural heritage and artistic excellence.The inaugural evening featured Odissi performances by Sonali Mohapatra and Nrutya Upasana Pitha, including presentations on Hanuman Chalisa, Saranga Pallavi, and Chari Yuga Devi depicting the power of Maa Durga.

 

2. Stefan Priesner Appointed as New UN Resident Coordinator in India :United Nations Secretary-General Antonio Guterres has appointed Stefan Priesner of Austria as the new UN Resident Coordinator in India.Priesner brings extensive experience in international development, having served as UN Resident Coordinator in Iran (2021–2025), Malaysia–Brunei–Singapore (2017–2021), and Uzbekistan (2013–2017), along with various senior UNDP roles across Asia and Europe.He holds master’s degrees in international relations (Johns Hopkins University) and law (University of Vienna), started his UN career in 1997 in Bhutan, and succeeds Shombi Sharp as the UN Resident Coordinator for India.

 

3. 5 December – International Volunteer Day: International Volunteer Day (IVD) is observed every year on 5 December to recognize and celebrate the efforts of volunteers worldwide.Theme 2025 – Every contribution mattersThe day was established by the United Nations (UN) in 1985 to promote volunteerism and encourage people to contribute to community development.It highlights the crucial role volunteers play in humanitarian aid, social development, disaster response, environmental protection, and peace-building.

 

4. 5 December – World Soil Day :World Soil Day is observed every year on 5 December to raise awareness about the importance of healthy soil and sustainable soil management.Theme 2025 – Healthy Soils for Healthy CitiesThe day was established by the Food and Agriculture Organization (FAO) of the United Nations and officially recognized in 2014.It highlights major issues like soil degradation, erosion, pollution, declining fertility, and promotes actions to protect soil as a vital natural resource.

 

OTHER UPDATES:

DEFENCE

 

1. Indian Army Hosts Inno-Yoddha 2025, Shortlists 32 Innovations to Boost Operational Readiness: The Indian Army organised its annual Idea and Innovation Competition & SeminarInno-Yoddha 2025, in New Delhi, with Lt. Gen. Pushpendra Pal Singh felicitating the selected innovators.The Ministry of Defence reported a record 89 submissions, of which 32 innovative solutions were selected for further development to enhance operational readiness, logistics, and training.Over the past five years, the Army’s innovation ecosystem has achieved significant progress, showcasing a strong culture of soldier-driven technological and strategic advancements.

 

2. India–Malaysia Joint Exercise Harimau Shakti 2025 :The fifth edition of the joint military exercise Harimau Shakti 2025 commenced at the Mahajan Field Firing Range in Rajasthan. Conducted from 5 to 18 December 2025, the exercise strengthens operational cooperation between the Indian Army and the Royal Malaysian Army through structured joint training.The Indian Army is represented primarily by troops from the Dogra Regiment, while the Malaysian contingent comprises personnel from the 25th Battalion of the Royal Malaysian Army. The central aim is to rehearse sub-conventional operations under Chapter VII of the United Nations mandate, with a focus on coordinated responses to counter-terrorist scenarios.Both sides will undertake joint tactical tasks including cordon and search operations, destroy missions and heliborne insertions. The curriculum also features Army Martial Arts Routine, combat reflex shooting and Yoga to enhance physical conditioning and combat readiness. Drills for securing helipads and conducting casualty evacuation form an essential component of the exercise.

 

3. Indian Army Showcases Soldier-Led Innovations at Inno-Yoddha 2025: The Indian Army conducted its annual Idea and Innovation Competition and Seminar, Inno-Yoddha 2025, at the Manekshaw Centre in New Delhi in the presence of the Vice Chief of the Army Staff, Lieutenant General Pushpendra Pal Singh. The platform reflects the Army’s commitment to nurturing in-house innovation that strengthens operational effectiveness, logistics and training.Inno-Yoddha encourages soldiers—those closest to field challenges—to design practical, technology-driven solutions. Operating across extreme climates, demanding terrain and evolving threats, the Army leverages the creativity and professional insight of its personnel to address capability gaps. The initiative reinforces a culture of problem-solving rooted in ground realities.Over the past five years, the Army has selected 117 ideas, with 47 already productised and nine prototypes under evaluation. Thirty Intellectual Property Rights have been filed. Five innovations have been transferred to industry, including two awarded ToT on 5 December 2025: Exploder, Agniastra, Vidyut Rakshak, Baaz Attack Dronee and a Multi-purpose Octacopter.

 

SCIENCE AND TECHNOLOGY

 

1. Gujarat Fluorochemicals & IFC Partner to Build India’s First Integrated Battery Materials Facility: Gujarat Fluorochemicals (GFL) has partnered with the International Finance Corporation (IFC), which is investing $50 million in its subsidiary GFCL EV Products to establish India’s first integrated battery materials facility.The investment aims to boost high-value manufacturing, generate employment, and strengthen India’s role in global supply chains, supporting national goals like energy security and transport electrification.With a diversified portfolio and strong technological expertise, GFCL EV will accelerate clean-tech adoption, reduce emissions, and help position India as a global hub for advanced battery materials.

 

2. The 11th India International Science Festival (IISF) :The 11th India International Science Festival (IISF) began on 6 December 2025 and will continue until 9 December in Panchkula, Haryana. Launched in 2015, IISF has become one of India’s premier platforms for promoting scientific temper, public engagement in science and collaboration among researchers, students, innovators and policymakers.The 2025 edition is themed “Vigyan Se Samruddhi: for Aatmanirbhar Bharat,” celebrating science-led growth for a self-reliant India. The festival places science at the core of national development and emphasises innovation-driven economic progress. It also seeks to integrate traditional knowledge systems with modern scientific research to reinforce India’s indigenous knowledge heritage.IISF 2025 will focus on five broad themes: the ecology and science of North-West India and the Himalayan region, science for society and education, self-reliance through science and technology, biotechnology and the bio-economy, and the integration of traditional knowledge with modern science. More than 150 technical sessions will cover priority domains including AI and AGI, bio-economy, quantum technology, gene editing, space systems and climate science.

 

BANKING AND FINANCE

 

1. India to Conduct 8th Economic Census in 2027 Following Two-Phase Population Census: The 8th Economic Census in India is scheduled for 2027, to be conducted after the two-phase Population Census (April–September 2026 and February 2027), as stated by Statistics Secretary Saurabh Garg.Data from the Economic Census will be used to create the Statistical Business Register (SBR), which will map enterprises across states and track their operational status (active or closed).Conducted nationwide by the Ministry of Statistics & Programme Implementation (MOSPI) and the National Statistics Office in collaboration with state Directorates of Economics and Statistics, the Economic Census provides a complete count of all establishments, offering detailed operational and structural data crucial for policymaking.The first Economic Census was held in 1977, and the upcoming 2027 Census will coincide with India’s 16th decennial Population Census since the first nationwide census in 1872.

 

2. Razorpay Gets RBI Cross-Border Payment Licence, Expands Global Payment Capabilities: Razorpay receives Payment Aggregator – Cross Border (PA–CB) licence from the RBI, allowing it to facilitate regulated inward and outward cross-border payments for businesses operating in India.The licence enables Razorpay to support exporters, SaaS firms, freelancers, D2C brands, and global companies, offering payments in over 130 currencies with a 95% international transaction success rate.Razorpay’s platform provides single integration for multiple payment methods (UPI, RuPay, EMIs, netbanking, and 100+ local options), supports India-based pricing and customer service, and positions it among the few Indian fintechs with full-spectrum payment capabilities.

 

3. SEBI Launches SWAGAT-FI to Simplify Investment for Low-Risk Foreign Investors in India: SEBI introduces single-window access for low-risk foreign investors, simplifying participation in the Indian securities market and enhancing India’s appeal as an investment destination.The framework, named SWAGAT-FI (Single Window Automatic & Generalised Access for Trusted Foreign Investors), provides unified registration across multiple investment routes and reduces repeated compliance and documentation.Eligible low-risk foreign investors include government-owned funds, central banks, sovereign wealth funds, multilateral entities, highly regulated public retail funds, appropriately regulated insurance companies, and pension funds.The move is aimed at streamlining investment procedures, lowering administrative hurdles, and making India more attractive for long-term foreign institutional investments.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

Sunday, December 7, 2025

Daily GK Update- 7th Dec, 2025

 

NATIONAL UPDATES:

 

1. NHAI Partners with Reliance Jio to Launch Telecom-Based Safety Alert System on National Highways: NHAI signs MoU with Reliance Jio to introduce a telecom-based safety alert system across National Highways, aiming to enhance road safety for commuters.Travellers will receive real-time alerts via SMS, WhatsApp, and high-priority calls about accident-prone stretches, stray-cattle zones, fog-affected areas, and emergency diversions, using Jio’s 4G and 5G network.The system will be integrated with NHAI’s digital platforms like the ‘Rajmargyatra’ app and emergency helpline 1033, providing early warnings without additional roadside hardware, and similar collaborations are planned with other telecom providers.

 

2. Dr. Manali Kshirsagar Becomes First Full-Time Woman Vice-Chancellor of Nagpur University: Manali Kshirsagar has become the first full-time woman Vice-Chancellor of Rashtrasant Tukadoji Maharaj Nagpur University, taking over from acting VC Dr. Madhavi Chavare and marking a historic milestone in the university’s 100-year history since 1923.She plans to introduce technology-driven and innovative academic courses aimed at improving student employability and aligning university education with modern industry requirements.Announced by Maharashtra Governor and Chancellor Acharya Devvrat, Dr. Kshirsagar begins her five-year term with a focus on academic modernization and preparing students with future-ready skills.

 

3. AIM–NITI Aayog and Hitachi MGRM Net Launch AI-Powered “MStar Global AI Connect” to Build India’s Nationwide Innovation Backbone: AIM–NITI Aayog and Hitachi MGRM Net Ltd. signed a Statement of Intent (SoI) to develop “MStar™ Global AI Connect”, an AI-driven single innovation platform to boost innovation and entrepreneurship across India.The partnership aims to build a federated national digital innovation backbone, connecting rural, urban, and suburban schools with mentors, incubators, accelerators, research institutions, and industry under the vision of “Viksit Bharat”.The initiative will strengthen the school-to-startup pipeline, enable virtual ATLs/AICs, support ideation-to-pilot workflows, enhance IP creation, and accelerate lab-to-market translation of Indian innovations.Leaders from both sides emphasized that the collaboration will democratize access to innovation, nurture young talent, improve frontier-technology skills, and create an inclusive, multilingual, scalable innovation ecosystem for India’s future.

 

4. Suparna Mitra Appointed MD & CEO of TeamLease Services: Suparna Mitra to join TeamLease Services as Managing Director & CEO effective 2 February 2026, marking a planned leadership transition.She will succeed Ashok Reddy, the current MD & CEO, as part of the company’s long-term succession and governance strategy.Vice-Chairman Manish Sabharwal will step down from executive duties but continue on the board as a non-executive, non-independent director.

 

 

INTERNATIONAL UPDATES:

 

1. Oxford University Press Names “Rage Bait” as Word of the Year 2025: Oxford University Press has named “rage bait” as the Word of the Year 2025 — a phrase that refers to online content deliberately designed to provoke anger, outrage or shock to drive engagement.The usage of “rage bait” has reportedly tripled over the past year, reflecting how digital content and social media algorithms are increasingly rewarding emotionally provocative material.The selection points to a larger cultural shift in 2025: from curiosity‑driven “clickbait” to emotion‑driven online behaviour — highlighting concerns about misinformation, digital wellbeing, and the ethics of engagement in the internet age.

 

2. RBI Approves Vikram Sahu as CEO of Bank of America India: The Reserve Bank of India (RBI) has approved Vikram Sahu as the new CEO of Bank of America NA (BoFA) in India.Sahu will take on this role in addition to his current position as India Country Executive.Sahu replaced Kaku Nakhate, who served as the bank CEO for about 15 years.The appointment was confirmed through an internal memo circulated by the US-headquartered bank to its employees.

 

3. China’s Trade Surplus Crosses $1 Trillion for the First Time: China recorded a historic trade surplus of more than $1 trillion by the end of November, driven by strong demand from non-US markets despite continued weakness in shipments to the United States. The latest export surge reversed the previous month’s decline and exceeded market forecasts, marking a significant moment in global trade dynamics.Official data showed that China’s cumulative surplus for the year reached $1.08 trillion, already surpassing the full-year figure of the previous year. The surge followed a temporary pause in the trade dispute between China and the United States after a late-October meeting between Presidents Xi Jinping and Donald Trump. The truce halted successive tariff escalations, creating short-term stability for exporters.Despite easing tensions, exports to the United States continued to drop sharply. November shipments fell 28.6 per cent to $33.8 billion. However, exports to other regions expanded, pushing total exports up by 5.9 per cent year-on-year and surpassing Bloomberg’s projection. Analysts noted that rerouted trade and price competitiveness driven by domestic deflation helped support this resilience.

 

OTHER UPDATES:

DEFENCE

 

1. Rajnath Singh Inaugurates 125 Border Infrastructure Projects: Defence minister Rajnath Singh inaugurated 125 new border infrastructure projects across multiple frontier states, marking a major push to boost strategic connectivity. The projects, built at a cost of ₹5,000 crore, aim to enhance troop mobility, support local development, and strengthen national security in remote and sensitive regions.The minister inaugurated the projects virtually from the site of the 920-metre Shyok tunnel in Ladakh. The package includes 28 roads, 93 bridges and four additional structures spread across Ladakh, Jammu & Kashmir, Arunachal PradeshSikkimHimachal PradeshUttarakhandRajasthanWest Bengal and Mizoram. These projects improve access to remote villages and forward military locations, ensuring reliable movement even in landslide and avalanche-prone areas.Rajnath Singh said the new connectivity network acts as a backbone for national security. Faster deployment of troops, weapons and essential logistics will reduce operational vulnerabilities. The minister noted that the government, armed forces and the Border Roads Organisation are working in alignment to strengthen infrastructure and integrate border populations with the national mainstream.

 

SPORTS

 

1. PNB Appoints Harmanpreet Kaur as Its First Female Brand Ambassador :Punjab National Bank (PNB) has appointed Harmanpreet Kaur, captain of the Indian women’s cricket team, as its first-ever female brand ambassador.The partnership highlights PNB’s commitment to promoting women empowerment, leadership, and excellence in sports.As brand ambassador, Harmanpreet Kaur will feature in the bank’s marketing and customer outreach campaigns to strengthen its brand visibility and youth connect.

 

2. Praggnanandhaa Becomes First Indian to Qualify for Candidates 2026: Grandmaster R Praggnanandhaa has secured a landmark achievement by qualifying for the Candidates 2026 after winning the FIDE Circuit 2025. His breakthrough cements his position as India’s sole male representative at the world championship qualification stage, marking a historic moment for Indian chess.Praggnanandhaa’s dominant year on the international circuit proved decisive. He clinched titles at the Wijk Aan Zee Masters, Superbet Chess Classic Romania, UzChess Cup Masters, and the London Chess Classic Open. Consistent form across major events helped him gather the highest circuit points, ensuring direct qualification.Apart from his title victories, he secured runner-up at the Stepan Avagyan Memorial and finished 12th at the Sinquefield Cup, competing against elite opposition. His run to the fourth round of the FIDE World Cup added further weight to his impressive season. These performances underline his growth as a world-class contender.

 

SCIENCE AND TECHNOLOGY

 

1. Government to Set Up 50,000 New Atal Tinkering Labs Across Schools to Boost Innovation: The Government plans to establish 50,000 new Atal Tinkering Labs (ATLs) in schools across India, aiming to foster innovation, creativity, and problem-solving skills among students.Over 10,000 ATLs have already been set up under the Atal Innovation Mission (AIM) of NITI Aayog, initiated by Prime Minister Narendra Modi to promote research and innovation at the school level.The initiative was highlighted in the Union Budget 2025-26 by Finance Minister Nirmala Sitharaman, emphasizing the government’s commitment to nurturing curiosity, scientific temper, and innovative thinking among young students over the next five years.

 

2. Japan Issues Tsunami Warning After 7.6-Magnitude Earthquake: A powerful 7.6-magnitude earthquake struck northeast of Misawa in Japan, prompting authorities to issue an immediate tsunami warning. The event highlights Japan’s continued vulnerability to major seismic disturbances due to its tectonic setting. The US Geological Survey confirmed the quake’s magnitude and depth, while national agencies moved swiftly to alert coastal communities.The earthquake occurred around 73 kilometres east-northeast of Misawa at 7:45 pm local time. It originated at a depth of just over 53 kilometres, placing it in the shallow category, which typically results in stronger ground shaking. Emergency systems were activated to monitor aftershocks and assess structural impacts.Japan’s Meteorological Agency warned that the first tsunami waves, potentially reaching three metres, could strike coastal areas between Aomori and Iwate. Port towns were instructed to evacuate to higher ground. Public broadcaster updates urged residents to remain alert and avoid low-lying zones.

 

3. India’s BharatGen AI System Initiative: India has begun a major push to build its own sovereign artificial intelligence ecosystem with the launch of BharatGen Technology Foundation at IIT Bombay. The initiative aims to develop a Large Language Model tailored to India’s multilingual and multicultural environment, reflecting regional accents, scripts, and communication patterns.The foundation was registered at the Powai campus on 7 November 2025. It marks a significant expansion of IIT Bombay’s role beyond academics into national-scale AI development. The goal is to produce an indigenous model capable of understanding and generating content across more than 22 Indian languages in text and speech.The project has received substantial central support. The Department of Science and Technology has provided Rs 235 crore, while the Ministry of Electronics and IT has allocated Rs 1,058 crore under the IndiaAI Mission. This backing is intended to accelerate the transition from research prototypes to deployable AI systems.

 

BANKING AND FINANCE

 

1. CRISIL raises India’s GDP growth forecast to 7% for FY25 after stronger-than-expected first-half performance: CRISIL revised India’s GDP growth forecast to 7% for the current financial year, citing stronger-than-expected 8% growth in the first half, driven mainly by robust private consumption, manufacturing, and services.Despite real GDP growth of 8.2% in Q2, nominal GDP growth remained moderate at 8.7% due to easing inflation; growth is expected to slow to 6.1% in the second half due to factors like higher U.S. tariffs.

 

2. GST collection moderates after rate cuts to ₹1.7 lakh crore in November: The first full month after the GST rate cut showed a moderate 0.7% rise in total GST collections, reaching ₹1.7 lakh crore in November, though officials stated that overall consumption momentum remains positive.Domestic GST revenues fell by 2.3% to ₹1.24 lakh crore, while GST from imports grew over 10% to around ₹46,000 crore, reflecting differing trends in domestic and international demand.Tax experts noted that GST collections reflect consumption patterns, whereas GDP growth is influenced by broader factors like government spending and investment; the recent GST 2.0 rate reduction also contributed to the muted collection figures.

3. Retail Sale Price Now Mandatory on All Pan Masala Packs from February 2026: From 1st February 2026all pan masala packages, including small packs of 10 grams or less, must display the Retail Sale Price (RSP) along with all declarations required under the Legal Metrology (Packaged Commodities) Rules, 2011.The earlier proviso under Rule 26(a), which allowed small packs to avoid certain declarations, has been withdrawn, ensuring full compliance for all pack sizes.The amendment ensures transparent pricing, prevents misleading or deceptive labeling on smaller packs, and enables consumers to make better informed purchasing decisions.By mandating RSP on all packs, the amendment supports effective implementation of RSP-based GST, allowing accurate tax assessment and revenue collection across all pack sizes.

 

Saturday, December 6, 2025

Daily GK Update- 6th Dec, 2025

 

NATIONAL UPDATES:

 

1. 46th IASP Annual Conference Inaugurated at Kolkata’s Anthropological Survey of India: The 46th Annual Conference of the Indian Association for the Study of Population (IASP) was inaugurated at the Anthropological Survey of India (AnSI), Kolkata, focusing on demographic drivers of India’s inclusive growth.The three-day conference (27–29 November 2025) is organised jointly by IASP, National Atlas & Thematic Mapping Organisation (NATMO), and in collaboration with AnSI.The conference is held under the theme “People, Planet, Prosperity: Demographic Drivers of India’s Inclusive Growth,” bringing together experts and policymakers to deliberate on population and development issues.

 

2. DoT Withdraws Mandatory Sanchar Saathi App Order Amid Public Backlash and Rising Security Concerns: The Department of Telecommunications (DoT) withdrew its order requiring smartphone manufacturers to preload the Sanchar Saathi app from next year, after public backlash and a surge in voluntary downloads.The initial mandate—issued under newly expanded powers regulating Telecommunication Identifier User Entities (TIUE)—triggered strong criticism from civil society, internet users, and the Opposition for attempting to install a government app without user consent.Communications Minister Jyotiraditya Scindia defended Sanchar Saathi in Parliament, noting that it helped disconnect 1.5 crore fraudulent mobile connections and trace 26 lakh lost phones, but added that the government was open to revising orders based on public feedback.The withdrawn directive was one of multiple new DoT orders issued after changes to the Telecom Cyber Security Rules, including instructions to platforms like WhatsApp to restrict usage without the registered SIM and to integrate DoT’s Financial Fraud Risk Indicator and blacklist database for immediate deactivation of suspicious accounts.

 

3. Arun Kumar Singh Gets Rare One-Year Extension as ONGC Chairman: Arun Kumar Singh has received a rare one-year extension as ONGC Chairman, reflecting the government’s intent to maintain leadership continuity during the company’s turnaround in crude oil and gas production.

With this extension, Singh will continue in office until December 6, 2026, marking an unusually long tenure for a PSU head.Appointed in 2022 just before turning 60, Singh’s new term—approved by the Appointments Committee of the Cabinet—allows him to serve until age 64, making him one of the oldest executives to lead a major public sector enterprise.

 

INTERNATIONAL UPDATES:

 

1. AIM–NITI Aayog and Hitachi MGRM Net Launch AI-Powered “MStar Global AI Connect” to Build India’s Nationwide Innovation Backbone: AIM–NITI Aayog and Hitachi MGRM Net Ltd. signed a Statement of Intent (SoI) to develop “MStar™ Global AI Connect”, an AI-driven single innovation platform to boost innovation and entrepreneurship across India.The partnership aims to build a federated national digital innovation backbone, connecting rural, urban, and suburban schools with mentors, incubators, accelerators, research institutions, and industry under the vision of “Viksit Bharat”.The initiative will strengthen the school-to-startup pipeline, enable virtual ATLs/AICs, support ideation-to-pilot workflows, enhance IP creation, and accelerate lab-to-market translation of Indian innovations.Leaders from both sides emphasized that the collaboration will democratize access to innovation, nurture young talent, improve frontier-technology skills, and create an inclusive, multilingual, scalable innovation ecosystem for India’s future.

 

2. India Hosts 18th Global Forum Plenary: Finance Minister Nirmala Sitharaman inaugurated the 18th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, hosted in New Delhi from 2–5 December 2025, under the theme “Tax Transparency: Delivering a Shared Vision Through International Cooperation.”Finance Minister Nirmala Sitharaman emphasised that tax transparency is vital for fairness, responsible governance, and sustainable development, highlighting India’s progress in voluntary compliance through clarity, simplification, and trust-building.The Global Forum, with 172 member jurisdictions, plays a key role in combating tax evasion and illicit financial flows, while India has strengthened its enforcement through AEOI, EOIR, Black Money Act, Benami Act, and advanced data analytics.

 

3. Retail Sale Price Now Mandatory on All Pan Masala Packs from February 2026: From 1st February 2026all pan masala packages, including small packs of 10 grams or less, must display the Retail Sale Price (RSP) along with all declarations required under the Legal Metrology (Packaged Commodities) Rules, 2011.The earlier proviso under Rule 26(a), which allowed small packs to avoid certain declarations, has been withdrawn, ensuring full compliance for all pack sizes.The amendment ensures transparent pricing, prevents misleading or deceptive labeling on smaller packs, and enables consumers to make better informed purchasing decisions.By mandating RSP on all packs, the amendment supports effective implementation of RSP-based GST, allowing accurate tax assessment and revenue collection across all pack sizes.

 

4. 4 December – International Day of Banks: The International Day of Banks is observed on 4 December every year to recognize the critical role of banks in financing sustainable development.

The day highlights the contribution of the banking sector in supporting economic growth, poverty reduction, and global financial stability.It emphasizes the importance of strong, transparent, and resilient banking systems for achieving the UN Sustainable Development Goals (SDGs).

 

5. 4 December – International Day against Unilateral Coercive Measures: Observed every year on 4 December, the day raises awareness about the negative impact of unilateral coercive measures (UCMs) imposed by one country on another.It highlights how such measures can affect human rights, development, and economic stability, particularly in vulnerable nations.The United Nations emphasizes that unilateral sanctions should not hinder access to essential services like healthcare, food, and education.

 

OTHER UPDATES:

DEFENCE

 

1. The Army Service Corps, ASC Celebrates 265th Corps Day in Bengaluru: The Army Service Corps (ASC), the oldest logistics arm of the Indian Army, marked its 265th Corps Day at the ASC Centre and College in Bengaluru. The observance highlighted the Corps’ long-standing contribution to military operations and its continued evolution in modern logistical support.Established in 1760, the Corps has supported every major campaign involving Indian forces. Its role has expanded from traditional supply responsibilities to managing complex logistics across varied terrains, including high-altitude areas, deserts, dense forests, and active conflict zones. The Corps remains central to sustaining military readiness.Wreath-laying ceremonies at the war memorial paid tribute to personnel who died in service. The Corps has an extensive list of pre- and post-Independence honours, including Distinguished Service Orders, Military Crosses, and numerous gallantry decorations such as the Maha Vir Chakra, Vir Chakra, and Shaurya Chakra. These recognitions reflect its enduring commitment to national defence.

 

SPORTS

 

1. India’s Best-Ever Medal Tally at ISSF World Cup Final: India completed a historic ISSF World Cup Final campaign in Doha with six medals, marking the nation’s finest finish at the annual season-ending shooting event. Strong performances across pistol, rifle, and shotgun disciplines propelled India to second place on the medals table, behind China.The contingent amassed two gold, three silver, and one bronze medal. This marked the highest number of medals India has ever secured at a World Cup Final, reflecting improved depth and consistency across events. China topped the standings with four golds and nine medals in total, while the United States finished third.Simranpreet Kaur Brar clinched gold in the women’s 25m pistol with a composed display in the finals. Suruchi Phogat added a second gold in the women’s 10m air pistol, sealing a significant return to form. Their victories established India as a strong force in global pistol shooting.

 

SCIENCE AND TECHNOLOGY

 

1. India Launches Its First All-Electric Green Tug Project: Sarbananda Sonowal flagged off the steel-cutting ceremony for India’s first all-electric green tug — marking the beginning of the country’s move toward green maritime operations.The tug — being built for Deendayal Port Authority (DPA), Kandla under the Green Tug Transition Programme (GTTP) — will feature a 60-ton bollard pull, electric propulsion, zero carbon emissions, and silent operations.The GTTP plans to induct a total of 50 green tugs by 2030, with 16 to be deployed in the first phase (2024–2027), making this tug the first concrete step in that roadmap.Officials say the new electric tug will set a benchmark for next-generation fleet modernisation at India’s major ports — cutting operational costs, improving energy efficiency, and supporting the country’s broader push for sustainable port infrastructure.

2. PM-WANI Scheme Empowers Public Wi-Fi Expansion with 3.9 Lakh Hotspots, Key Reforms Boost Accessibility and Affordability: The Wi-Fi Access Network Interface (PM-WANI) scheme was approved on 9th December 2020 to accelerate broadband proliferation across India via Public Wi-Fi networks, aligning with the National Digital Communications Policy (NDCP) 2018 and enabling Public Data Offices (PDOs) to set up Wi-Fi hotspots under PDO Aggregators (PDOAs).

As of 26th November 2025India has 3,91,599 active PM-WANI Wi-Fi hotspots, delivered by PDOs, facilitating affordable and widespread internet access across urban and rural areas.Key reforms introduced on 16th September 2024 allow PDOs to offer PM-WANI via regular FTTH connections, aggregate multiple access points to a single backhaul, enable existing home/business Wi-Fi to join PM-WANI, allow roaming between PDOAs, and support mobile data offloading with telecom operators.TRAI’s 71st Amendment Order, 2025 mandates that retail FTTH broadband plans up to 200 Mbps must be offered to PDOs at tariffs not exceeding twice the corresponding consumer broadband price, ensuring cost-effective access for public Wi-Fi expansion.

 

BANKING AND FINANCE

 

1. S&P Upgrades India’s Insolvency Regime to ‘B’ as IBC Boosts Recovery Rates and Cuts Resolution Time: S&P Global Ratings upgraded India’s insolvency regime ranking from ‘C’ to ‘B’, citing stronger creditor-led resolutions and improvements under the Insolvency and Bankruptcy Code (IBC).Average recovery rates under IBC have risen to over 30%, compared to just 15–20% under the previous insolvency framework, showing better outcomes for creditors.

The upgrade reflects a shift in India’s bankruptcy framework assessment from “weak” to “medium” creditor-friendly, indicating higher predictability and stronger protection of creditor interests.IBC has significantly reduced the average resolution time for stressed assets to around two years, down from 6–8 years earlier, helping secured creditors recover far more than unsecured creditors.

 

2. Fitch Raises India’s FY26 GDP Forecast to 7.4% Boosted by GST Reforms and Strong Consumer Spending :Fitch Ratings raised India’s FY26 GDP growth forecast to 7.4% from 6.9%, citing higher consumer spending and improved sentiment following GST reforms.The agency noted falling inflation provides RBI room for another policy rate cut in December to 5.25%, after 100 basis points of reductions in 2025 so far.GDP growth accelerated to 8.2% in Q2 (July–September) from 7.8% in Q1, supported by GST rate cuts on 375 items, making over 99% of consumption goods cheaper; Fitch projects growth to slow to 6.4% in FY27.

AWARDS

 

1. Anant Ambani Receives Global Humane Society Animal Welfare Award :Anant Ambani, founder of the wildlife conservation initiative Vantara, has been honoured with the Global Humanitarian Award for Animal Welfare by the Global Humane Society. The recognition highlights his leadership in advancing modern conservation practices and his commitment to welfare-driven programmes that protect vulnerable species.The award marks a major milestone, as he becomes the youngest and the first Asian recipient of this prestigious global honour. The Global Humane Society, known for its long legacy in certifying animal welfare standards, selected him for his transformative contributions to conservation on an international scale.Ambani’s work through Vantara has positioned the facility as a model for integrated wildlife care. His initiatives focus on evidence-based welfare systems, scientific conservation pathways, and long-term rehabilitation strategies that strengthen species protection across continents.