NATIONAL UPDATES:
1. Kondareddypally Becomes India’s Second Fully
Solar-Powered Village: Kondareddypally in Nagarkurnool district, Telangana has become
the second fully solar-powered village in India, covering 514 houses and
11 government buildings under the state’s green energy mission.480 houses are
equipped with 3 KW rooftop solar panels, while schools and government buildings
use 60 KW solar units, generating 360 units of power per month per house,
ensuring uninterrupted electricity and eliminating bills.The project, costing
approximately ₹10.53 crore, was funded through a combination of Central
Government subsidy (₹3.56 crore), CSR contributions (₹4.09 crore), and state
infrastructure investment (₹2.59 crore), with the village earning revenue by
supplying surplus energy to the grid.
2. Kishtwar in J&K Selected as Aspirational
Agricultural District Under PM Dhan Dhaanya Krishi Yojana: Kishtwar district in
Jammu & Kashmir has been selected as an aspirational agricultural
district under the PM Dhan Dhaanya Krishi Yojana, aiming to boost
agriculture in remote areas.
The initiative is part of the government’s plan to
develop 100 Aspirational Agricultural Districts over six years, announced in
the Union Budget 2025-26.Aspirational districts were identified based on low
crop productivity, low cropping intensity, and limited short-term credit
disbursement, encouraging Agri-Entrepreneurs and enhancing agricultural
development.
3. Asheesh Pandey Named MD & CEO of Union Bank,
Kalyan Kumar to Lead Central Bank of India for 3 Years: The government has
appointed Asheesh Pandey as MD & CEO of Union Bank of
India and Kalyan Kumar as MD & CEO of Central Bank of India for
three years.Pandey, currently Executive Director at Bank of Maharashtra, will
lead UBI, while Kumar, ED at Punjab National Bank, will succeed M. V. Rao at
CBI after his retirement in July.The Financial Services Institutions Bureau
(FSIB), headed by Bhanu Pratap Sharma, recommended both appointments, later
approved by the Appointments Committee of the Cabinet.
INTERNATIONAL UPDATES:
1. Navi Mumbai International Airport Secures DGCA
Licence: Navi
Mumbai International Airport (NMIA) received its Aerodrome Licence
from DGCA, a crucial step ahead of its inauguration by PM Narendra Modi on
October 8, 2025, enabling it to commence operations.The licence allows NMIA to
function as a regular place for landings and departures, with regulatory
conditions under the Aircraft Act 1934 and Aircraft Rules 1937, and is
non-transferable.In its first phase, NMIA will handle 20 million passengers and
500,000 metric tonnes of cargo annually, with full capacity projected at 90
million passengers and 3.2 million metric tonnes of cargo, easing congestion at
Mumbai’s existing airport.
2. ICC and UNICEF Launch “Promise to Children” Campaign
to Promote Equal Opportunities for Kids: The International Cricket Council (ICC) and
UNICEF launched the Promise to Children digital campaign during the
ICC Women’s Cricket World Cup 2025, promoting equal opportunities for all
children, especially the most vulnerable.Supported by UNICEF National
Ambassador Ayushmann Khurrana and Indian women’s cricket team vice-captain
Smriti Mandhana, the campaign focuses on children’s rights, including
education, healthcare, nutrition, safe water, sanitation, and protection from
violence.The initiative aims to engage the entire cricketing community—from
players and coaches to fans—to improve children’s lives and ensure they are
healthy, educated, and able to play.
3. 1 October – International Day of Older Persons: International Day of
Older Persons is observed annually on October 1 to honor the
contributions of older individuals and raise awareness about the challenges
they face.The United Nations 2025 theme is: “Older Persons Driving Local and
Global Action: Our Aspirations, Our Well-Being, Our Rights”, highlighting
the active role of elderly in society.In India, the Ministry of Social Justice
and Empowerment celebrated the day under the theme “Ageing with Dignity”,
promoting welfare programs and a dignified ecosystem for senior citizens
OTHER UPDATES:
DEFENCE
1. India’s First Private Helicopter Line
Launched by Airbus and Tata: India is set to establish its first helicopter final
assembly line in the private sector at Vemagal, Kolar district, Karnataka. Tata
Advanced Systems Limited (TASL) will build the Airbus H125 helicopters here.
This initiative aims to boost India’s aerospace capabilities and meet defence
and civil aviation needs. The assembly line will produce the ‘Made in India’
H125 helicopters. These helicopters are designed for diverse uses including
civil operations and para-public services. A key focus is on supporting
the Indian armed
forces, especially in the
Himalayan region where light multi-role helicopters are vital for operations in
challenging icy terrains. Plans include manufacturing a military version called
the H125M. This variant will incorporate high levels of indigenous components
and technologies. The assembly line will strengthen India’s defence
manufacturing and reduce dependence on imports. The first helicopter from this
facility is expected to be delivered by early 2027.
SPORTS
1. Sergio Busquets Announces Retirement from Soccer: Sergio Busquets, the
legendary Spanish midfielder, announced his retirement from soccer at
the end of the 2025 season with Inter Miami in Major League Soccer.Widely
regarded as one of the best defensive midfielders of his generation, Busquets
was a key part of Barcelona’s iconic midfield alongside Xavi Hernández and
Andres Iniesta, supporting stars like Lionel Messi.Making his Barcelona debut
in 2008 under Pep Guardiola, Busquets played 722 matches, won 9 La Liga titles
and 3 Champions League trophies, ranking third in club appearances behind Xavi
and Messi.
SCIENCE AND TECHNOLOGY
1. RITES Signs MoU With Etihad Rail to Boost Mobility
Collaboration: RITES Limited, India’s leading transport infrastructure consultancy and
engineering firm, signed an MoU with Etihad Rail to enhance collaboration
in the mobility and transport infrastructure sector across the UAE and
international markets, formalized at the Global Rail 2025 exhibition in
Abu Dhabi.The partnership will combine RITES’ 50 years of expertise in
consultancy and engineering with NICC LLC’s execution capabilities to develop
infrastructure projects and expand RITES’ international presence under its
RITES Videsh initiative.At the Indian Pavilion, RITES, along with IRCON and
DFCCIL, showcased transport consultancy, rail system design, project
management, and sustainable mobility solutions, highlighting Indian Railways’
sustainability initiatives and Net Zero mission.
BANKING AND FINANCE
1. IIFT Launches International Trade Negotiations Program
to Strengthen India’s Global Trade Engagement: The Indian Institute
of Foreign Trade (IIFT), through its Centre for International Negotiations
(CIN), launched the International Trade Negotiations Program for officials
of the Department of Commerce.The program aims to enhance the negotiation
skills of government officials to strengthen India’s global trade
engagement.Expert-led sessions will cover key topics in international trade,
providing participants with a unique and practical learning experience.
2. Moody’s Affirms India’s Baa3 Rating with Stable Outlook: Moody’s affirmed India’s long-term local and foreign-currency issuer ratings at Baa3 with a ‘Stable’ outlook, citing robust economic growth, a sound external position, and a stable domestic financing base.While India’s credit strengths provide resilience against external shocks, fiscal weaknesses persist, with high government debt and measures to boost private consumption limiting improvement in debt affordability.India’s long-term local-currency bond ceiling remains A2 and foreign-currency bond ceiling remains A3, reflecting modest external imbalances and limited external indebtedness.
No comments:
Post a Comment