Daily Current Affairs 08th November 2025 | Latest News | Download PDF

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CURRENT AFFAIRS : BANKING, FINANCE & BUSINESS

Securities and Exchange Board of India Urges Social Media and Search Platforms to Curb Fraudulent Investment Promotions

• The Securities and Exchange Board of India (SEBI) has urged major social media platforms and internet search engines to implement stronger safeguards against fraudulent investment activities.
• The initiative aligns with the International Organization of Securities Commissions (IOSCO)’s global call to protect investors from online financial harm.
• SEBI has directed platforms to fast-track mandatory advertiser verification in the securities market, allowing only SEBI-registered entities to advertise investment products and services.
• The regulator recommended introducing a distinct verification label for registered intermediary trading apps to help investors identify authentic platforms.
• SEBI has advised investors to verify the registration status of entities and use validated UPI handles and authentic trading applications for all transactions.

About SEBI :

• Established : 12 April 1988 as an executive body and was given statutory powers on 30 January 1992 through the SEBI Act, 1992
• Headquarters : Mumbai, Maharashtra
• Chairman : Tuhin Kanta Pandey
• SEBI is the regulatory body for securities and commodity markets in India under the ownership of the Ministry of Finance (MoF), GoI.

SBI Mutual Fund Invests ₹100 Crore in Lenskart Ahead of IPO via Pre-Offer Placement

• SBI Mutual Fund invested ₹100 crore in Lenskart ahead of its IPO through a pre-offer placement.
• The fund purchased 24.87 lakh shares at ₹402 per share from promoter Neha Bansal via SBI Optimal Equity Fund and SBI Emergent Fund AIF.
• Following the deal, Neha Bansal’s stake in Lenskart decreased slightly from 7.61% to 7.46%.
• The ₹7,278-crore IPO will open on October 31 with a price band of ₹382–₹402 per share, valuing the company at over ₹69,700 crore at the upper end.
• Lenskart, founded in 2008, is one of India’s largest omni-channel eyewear brands and will be listed on stock exchanges on November 10, 2025.

City Union Bank Partners with EPFO to Launch EPF Payment Facility for Corporate Clients

• City Union Bank (CUB), a private sector bank headquartered in Kumbakonam, Tamil Nadu, has launched a new EPF payment remittance feature in collaboration with the Employees Provident Fund Organisation (EPFO).
• The feature enables corporate customers to remit provident fund (PF) amounts directly through CUB’s net banking portal, enhancing ease of compliance and digital convenience for employers.
• The launch event was conducted by Vijay Anandh, Executive Director of City Union Bank, and Maneesh Agnihotri, Regional PF Commissioner, Tamil Nadu.
• Tamil Nadu currently records ₹283.44 crore in annual provident fund collections, contributed by 52 lakh members from 78,416 establishments.
• CUB is also exploring cross-selling opportunities with EPFO to expand its customer base and strengthen digital banking services.
• Managing Director and CEO of City Union Bank Limited. : Dr. N. Kamakodi

Unified Payments Interface Drives RuPay’s Rise as India’s Preferred Credit Card

• The Indian payments ecosystem has witnessed a major transformation driven by the adoption of UPI (Unified Payments Interface).
• RuPay, India’s domestic card network, is one of the biggest beneficiaries of this digital payment revolution.

Key Highlights :

• UPI-linked credit card transactions now make up nearly 40% of total transactions by volume, a fourfold increase from 10% at the end of FY24.
• In terms of transaction value, UPI-linked credit card usage has increased from 2% to 8%, indicating rapid growth.
• RuPay’s credit card market share has increased to 16%, up from 3% two years ago, showing strong market expansion.
• The RBI’s 2022 approval allowing exclusive linkage of RuPay credit cards to UPI significantly boosted user convenience and adoption.
• Exclusive UPI integration has enabled seamless digital transactions, especially among young and tech-savvy users.
• UPI has become the backbone of India’s digital payments infrastructure, with billions of monthly transactions, directly benefiting RuPay.
• As a domestic card network, RuPay supports the government’s push for indigenous financial solutions under the Digital India initiative.
• RuPay cards offer lower transaction fees than international networks (Visa, Mastercard), providing a cost advantage and encouraging wider usage.
• With digital payment adoption expanding rapidly across India, RuPay is well-positioned to consolidate its leadership in the domestic credit card market.
• Expansion into tier-2 and tier-3 cities and awareness campaigns could further accelerate RuPay’s adoption

Asian Development Bank and World Bank Ink $3 Billion Exposure Exchange Agreement to Enhance Lending Capacity for Developing Countries

• The Asian Development Bank (ADB) signed a $3 billion sovereign exposure exchange agreement (EEA) with the World Bank to enhance lending capacity for developing member countries.
• This marks ADB’s first EEA with the World Bank and sixth overall since 2020, bringing the total exchanged amount to $9 billion.
• The EEA aims to reduce portfolio concentration risks by allowing multilateral development banks (MDBs) to exchange sovereign exposures with countries having lower or no credit risk.

About ADB:

• Headquarters: Mandaluyong, Metro Manila, Philippines
• Founded: 1966
• President: Masato Kandaassa
• Members: 69

CURRENT AFFAIRS: NATIONAL AND STATE NEWS

India’s First Digital Museum of Tribal Freedom Fighters Inaugurated at Nava Raipur

• Prime Minister Narendra Modi inaugurated India’s first Digital Museum of Tribal Freedom Fighters at Nava Raipur, Atal Nagar, Chhattisgarh.
• The museum, named Shaheed Veer Narayan Singh Memorial and Tribal Freedom Fighters Museum, commemorates the courage, struggles, and sacrifices of tribal heroes who fought against British colonial rule during India’s freedom movement.
• It is India’s first fully digital museum, featuring VFX displays, digital projections, interactive screens, and QR-coded storytelling, offering visitors an immersive digital experience.

Key Highlights

• The museum is a tribute to Shaheed Veer Narayan Singh (1820–1857), the first martyr from Chhattisgarh, who led a revolt against British grain hoarding during the famine of 1856–57.
• He mobilized peasants and Adivasis against colonial exploitation and was executed in 1857. The Veer Narayan Singh Stadium in Raipur is named in his honour.
• The museum also highlights key tribal revolts and movements such as the Halba Rebellion, Paralkot Uprising, Sarguja Revolt, Bhumkal Movement, Tarapur and Lingagiri Revolts, Rani Chauris Struggle, and Jhanda & Jungle Satyagrahas, showcasing the spirit of resistance and unity among tribal communities.
• It serves as a center for cultural preservation, education, and tourism, bringing focus to the heroic contributions of tribal freedom fighters through modern digital platforms.
• The museum aims to promote awareness, inspire future generations, and position Nava Raipur as a hub of digital and cultural tourism.
• This initiative marks a significant step in blending technology with history, ensuring that the legacy of India’s tribal warriors continues to inspire and educate the nation.

RECENT NEWS

• Prime Minister Narendra Modi visited Nava Raipur, Chhattisgarh to mark the state’s Silver Jubilee—25 years since its formation in 2000. On this symbolic day, he inaugurated the new Legislative Assembly complex, unveiled a statue of former PM Atal Bihari Vajpayee, and launched infrastructure and welfare projects worth over ₹14,260 crore.

About Chhattisgarh:

• Chief Minister: Vishnu Deo Sai
• Capital: Raipur
• National Parks: Indravati National Park, Kanger Valley National Park, Guru Ghasidas (Sanjay) National Park
• Wildlife Sanctuaries: Achanakmar Wildlife Sanctuary, Badalkhol Wildlife Sanctuary, Udanti Wildlife Sanctuary, Sitanadi Wildlife Sanctuary

Eli Lilly’s Mounjaro Becomes India’s Top-Selling Drug in October 2025

• In a major development for India’s pharmaceutical industry, Mounjaro, a drug manufactured by Eli Lilly and Company, became the highest-value selling drug in India for October 2025, with monthly sales exceeding ₹1 billion.
• Since its launch in India in March 2025, Mounjaro’s cumulative revenues have reached ₹3.33 billion by the end of October 2025.
• In terms of volume, Mounjaro’s usage in October was nearly ten times higher than that of its competitor Wegovy, which was launched in June 2025.
• The drug is used for both diabetes management and weight-loss treatment, operating through a dual hormone-target mechanism (GLP-1 and GIP) that enhances glucose control and supports metabolic health.
• Pricing details: initial formulations were introduced in vial form, followed by pen devices; the starting dose pack (2.5 mg) was priced at around ₹14,000 in India.
• The rapid success of Mounjaro highlights a shift in healthcare priorities in India — with greater focus on obesity and metabolic disorders, moving beyond conventional treatment models.
• Rising cases of diabetes and obesity are driving increased demand for modern weight-management and metabolic therapies.
• Mounjaro’s emergence as a top-selling brand within months underscores how quickly the Indian pharmaceutical market is evolving, signalling competition for legacy drugs and the growth of new therapeutic segments.
• The development also brings attention to health policy issues, including drug affordability, insurance coverage, and accessibility of advanced treatments for lifestyle-related diseases in India.
• This milestone marks a turning point for India’s pharma sector, blending innovation, market transformation, and public health impact in the evolving domain of chronic disease management.

Union Minister Manohar Lal Releases ₹50 Commemorative Coin to Mark NHPC’s 50th Anniversary

• Union Minister of Power, Housing & Urban Affairs Manohar Lal released a ₹50 commemorative coin to mark the 50th anniversary of NHPC Limited, India’s leading hydropower developer, at an event held in New Delhi.
• A special comic book titled “Chhota Bheem aur Bada Bandh” was also launched to raise awareness about hydropower among children and the general public, combining education with youth engagement.
• NHPC Limited, established on 7 November 1975, has grown from a hydro-centric public sector enterprise to a diversified green energy company.
• Over the past five decades, NHPC has executed major hydroelectric projects across India, particularly in remote and mountainous regions, playing a vital role in energy security and sustainable development.
• The company is now expanding into solar, wind, and green hydrogen, reinforcing its vision of becoming a 100% Green Energy Company.
• The Golden Jubilee celebration symbolises NHPC’s innovation, resilience, and contribution to India’s clean energy transition.
• The ₹50 commemorative coin represents national recognition of NHPC’s five decades of leadership in hydropower and renewable energy.
• The event was attended by NHPC’s top leadership, including its Chairman and Managing Director (CMD) and Directors, highlighting the organisation’s continued commitment to India’s sustainable energy goals.

RECENT NEWS

• In a pivotal leadership move in India’s energy sector, Bhupender Gupta has been appointed the Chairman and Managing Director (CMD) of NHPC Limited, one of India’s top hydropower PSUs. Approved by the Appointments Committee of the Cabinet (ACC), his appointment signifies a strategic step toward bolstering NHPC’s expansion into clean and renewable energy.

India to Celebrate 150 Years of “Vande Mataram” with Nationwide Commemoration from 7 November 2025

• India will celebrate 150 years of the national song “Vande Mataram” in 2025, marking a historic milestone that honours its legacy of patriotism, unity, and devotion to the motherland.
• The inaugural ceremony, organised by the Ministry of Culture, will be held on 7 November 2025 at the Indira Gandhi Indoor Stadium, New Delhi, with Prime Minister Narendra Modi as the Chief Guest.

Key Highlights

• The event will mark the beginning of a year-long nationwide celebration from 7 November 2025 to 7 November 2026, dedicated to the cultural and emotional significance of “Vande Mataram.”
• “Vande Mataram” was written by Bankim Chandra Chatterjee on 7 November 1875, believed to be Akshaya Navami, and first appeared in his novel “Anandamath” through the Bengali journal “Bangadarshan”.
• The song, composed during British rule, embodied the spirit of freedom and unity, portraying Mother India as a divine goddess and inspiring countless freedom fighters during the Indian Independence Movement.
• On 24 January 1950, Rajendra Prasad, India’s first President, declared that “Vande Mataram”, which played a crucial role in the freedom struggle, should be accorded equal honour with the National Anthem “Jana Gana Mana.”
• The celebrations will commence at 10:00 AM on 7 November 2025 with a mass singing of “Vande Mataram” across the country, involving students, teachers, government officials, police personnel, doctors, and citizens.
• The inaugural event will include cultural performances, an exhibition on the 150-year journey of “Vande Mataram”, and a special concert titled “Vande Mataram: Naad Ekam, Roopam Anekam” led by Mysore Manjunath with 75 musicians performing live.
• Other highlights include the screening of a short documentary film, release of a commemorative stamp and coin, addresses by dignitaries, and a keynote speech by the Prime Minister, followed by a nationwide mass singing of the song.
• All states, union territories, ministries, and government departments will conduct simultaneous singing events at 10:00 AM, with the Prime Minister’s address broadcast live across schools, colleges, and institutions.
• To enhance public participation, the Ministry of Culture has launched a dedicated portal – vandemataram150.in, offering official posters, banners, audio, lyrics, and a “Karaoke with Vande Mataram” feature for citizens to record and upload their renditions.
• The website also features short films, creative materials, and digital exhibitions showcasing the song’s historical and cultural importance.
• The celebration aims to connect every citizen through shared national pride and unity, honouring the values of freedom, respect, and patriotism that “Vande Mataram” continues to embody even after 150 years.

CURRENT AFFAIRS : INTERNATIONAL NEWS

Australia Sends First-Ever First Nations Business Mission to India to Strengthen Mining and Energy Partnerships

• Australia is sending its first-ever First Nations business mission to India from October 26 to November 3, 2025, to strengthen trade and investment links.
• The mission is led by the Perth USAsia Centre and the Chamber of Commerce and Industry of Western Australia on behalf of the Australian Government.
• The delegation will visit Mumbai, New Delhi, and Kolkata, focusing on India’s mining and renewable energy sectors.
• Eight Australian First Nations-owned Mining Equipment, Technology and Services (METS) companies will explore partnership opportunities and showcase expertise.
• The businesses will participate in India’s largest mining conference, the International Mining, Equipment and Minerals Exhibition in Kolkata.
• The eight Western Australian companies represent innovations in electric vehicle conversions, sustainable chemicals, engineering, and safety services.
• Electric Power Conversions Australia, Woollahara Group, and Carey Mining Group are among the participating firms, with Carey Mining being Western Australia’s largest 100% First Nations-owned mining company.

About Australia :

• Prime Minister : Anthony Albanese
• Capital : Canberra
• Currency : Australian dollar

Kazakhstan Poised to Join U.S.-Brokered Abraham Accords to Normalize Ties with Israel

• Kazakhstan is set to join the Abraham Accords, a U.S.-brokered framework that seeks to normalize relations between Israel and Muslim-majority countries.
• The announcement was made by U.S. President Donald Trump on 6 November 2025, marking a landmark geopolitical development.
• The Abraham Accords, first signed in 2020 under Trump’s administration, involve normalization agreements between Israel and UAE, Bahrain, Morocco, and Sudan.
• The accords represent a major shift in Arab-Israeli relations, emphasizing diplomacy, trade, and strategic cooperation over political hostility.
• By joining, Kazakhstan becomes the first Central Asian country to join the framework, extending its reach beyond the Arab world.
• President Trump announced the move after hosting the C5+1 summit (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan) at the White House.
• The decision signals a U.S. push to strengthen engagement in Central Asia, where Russia and China have significant influence.
• The inclusion of Kazakhstan may revive the Abraham Accords, whose expansion had slowed due to regional instability, particularly the Gaza conflict.
• The U.S. is also considering engagement with other Muslim-majority countries like Uzbekistan and Azerbaijan.
• Crown Prince Mohammed bin Salman is expected to visit Washington on November 18, potentially discussing further expansion of the Abraham Accords.

About Kazakhstan :

• President : Kassym-Jomart Tokayev
• Prime Minister : Oljas Bektenov
• Capital : Astana
• Currency : Tenge

Egypt, Qatar Ink $7.5 Billion Deal to Develop Luxury Real Estate and Tourism Project on Mediterranean Coast

• Egypt and Qatar signed a partnership deal to develop a luxury real estate and tourism project on Egypt’s Mediterranean coast, as part of Qatar’s $7.5 billion investment pledge to Cairo.
• Qatari Diar, the real estate arm of Doha’s sovereign wealth fund, will invest $29.7 billion in the Alam Al-Roum project, featuring golf courses and marinas along a 7-km undeveloped coastline northwest of Cairo.
• Qatar will pay $3.5 billion in December 2025 for the land allocated to the project, representing fresh Foreign Direct Investment (FDI) aimed at reducing Egypt’s debt and improving economic indicators.
• Egypt will receive housing units worth $1.8 billion and 15% of the project’s profits once Qatari Diar recovers its investment costs, according to Prime Minister Mostafa Madbouly.

CURRENT AFFAIRS: AWARDS AND HONOURS

Dr. Sai Gautam Gopalakrishnan Wins Manohar Parrikar Yuva Scientist Award 2025

• Dr. Sai Gautam Gopalakrishnan, Associate Professor of Materials Engineering at the Indian Institute of Science (IISc), Bengaluru, has been awarded the Manohar Parrikar Yuva Scientist Award 2025 for his outstanding contributions to computational materials science.
• The Manohar Parrikar Yuva Scientist Award was instituted by the Government of Goa in honour of Manohar Parrikar, former Defence Minister of India and Chief Minister of Goa.

Key Highlights

• The award recognises young Indian scientists making exceptional contributions in science and technology, particularly in emerging and high-impact fields.
• The honour carries a citation and a cash prize of ₹5 lakh, making it one of the highest-value national science and technology awards.
• The award will be presented during the Manohar Parrikar Vigyan Mahotsav to be held in December 2025.
• The selection process involved 50 applications from premier research institutions across India, evaluated by a committee chaired by eminent nuclear scientist Dr. Anil Kakodkar.
• After rigorous evaluation, 10 candidates were shortlisted for final interviews based on research excellence, innovation potential, and practical impact on technology and industry.
• Gopalakrishnan’s research focuses on computational materials science, particularly on atomic-level simulations used to design advanced materials for applications in energy storage, transport, manufacturing, aerospace, electronics, and renewable energy.
• His innovations include the integration of Artificial Intelligence (AI) in materials design and the accelerated discovery of new alloys and compounds, contributing significantly to sustainable and industrial technologies.
• The award plays a key role in encouraging young scientists, fostering innovation and technological self-reliance, and enhancing India’s global leadership in advanced scientific research.

CURRENT AFAFIRS: MOUS AND AGREEMENT

Ministry of Skill Development and Entrepreneurship and Autodesk Ink MoU to Modernise Vocational Training in India

• Ministry of Skill Development and Entrepreneurship (MSDE), through its training arm Directorate General of Training (DGT), signed a strategic Memorandum of Understanding (MoU) with Autodesk Inc., a leading American multinational software corporation.
• The collaboration aims to enhance the “design and make” competency of India’s vocational workforce by integrating advanced digital tools and modern curricula into Industrial Training Institutes (ITIs) and National Skill Training Institutes (NSTIs).

Key Highlights

• The DGT oversees more than 14,500 ITIs and 33 NSTIs, catering to millions of youths annually. This partnership seeks to modernise training infrastructure and align skill development with evolving industry needs.
• Autodesk will provide access to its industry-grade design software and co-develop training content that emphasises hands-on learning, project-based modules, and exposure to emerging technologies such as digital prototyping, CAD, and AI-enhanced design systems.
• The initiative includes capacity building for trainers at ITIs and NSTIs through specialised upskilling programmes on Autodesk tools, ensuring instructors are equipped to deliver digital-era training.
• The partnership focuses on sectors like architecture, engineering, construction, and advanced manufacturing, enabling vocational graduates to acquire industry-relevant and job-ready skills.
• The collaboration also promotes AI and innovation readiness, with Autodesk’s surveys indicating that over 50% of Indian companies now prioritise AI-related skills in hiring.
• By embedding AI-driven design and digital fabrication training in the vocational system, India is preparing a future-ready, innovation-oriented workforce aligned with global standards.

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

OpenAI Launches IndQA, Its First Cultural Benchmark Focused on Indian Languages

• OpenAI has launched IndQA, a new benchmark to evaluate AI systems’ performance in Indian languages, cultural contexts, and communication styles.

Key Highlights :

• IndQA was developed with inputs from over 250 Indian experts and features 2,278 questions across 12 languages and 10 cultural disciplines.
• The languages covered include Hindi, Hinglish, Bengali, Gujarati, Punjabi, Kannada, Odia, Marathi, Malayalam, Tamil, Telugu, and English.
• The cultural domains tested include Architecture & Design, Arts & Culture, Everyday Life, Food & Cuisine, History, Law & Ethics, Literature & Linguistics, Media & Entertainment, Religion & Spirituality, and Sports & Recreation.
• IndQA was developed with the help of 261 domain experts, including scholars, journalists, linguists, artists, and subject specialists.
• The benchmark uses a rubric-based grading system, where AI-generated responses are scored against predefined expert criteria with weighted points based on importance.
• Testing was conducted using OpenAI’s advanced models — GPT-4o, GPT-4.5, GPT-5, and OpenAI o3 — to ensure robustness and accuracy.
• In the benchmark performance results, GPT-5 (Thinking High) achieved the highest overall score of 34.9%, followed by Gemini 2.5 Pro Thinking (34.3%), and Gemini 2.5 Flash (29.7%).
• Other model scores included Grok 4 (28.5%), OpenAI o3 High (28.1%), GPT-4o (20.3%), and GPT-4 Turbo (12.1%).
• Language-wise performance showed highest accuracy in Hindi (45%) and Hinglish (44%), while lowest scores were recorded in Bengali and Telugu, revealing AI model gaps in those scripts.
• IndQA is designed as a within-model benchmark to track AI progress over time, not as a cross-language leaderboard.
• The launch of IndQA on November 4, 2025, marks OpenAI’s first India-specific benchmark, emphasizing linguistic diversity, cultural sensitivity, and contextual intelligence in AI evaluation.

SS Innovations Unveils MantrAsana, the World’s First Tele Surgeon Console

• SS Innovations International, Inc., a Gurugram-based startup and Nasdaq-listed company, has unveiled the world’s first Tele Surgeon Console (TSC) named MantrAsana.
• MantrAsana is a fully integrated, ergonomic, and portable telesurgery console designed to enable remote precision surgeries by expert surgeons from any location.
• The Tele Surgeon Console (TSC) allows surgeons to operate remotely without occupying the operating theatre, enhancing efficiency and accessibility in surgical procedures.
• The system provides 3D HD magnified visualization through an advanced headset, ensuring precision and outcomes comparable to traditional robotic surgery.
• MantrAsana has been designed and manufactured entirely in India, marking a major milestone in indigenous medical technology innovation for global deployment.
• The innovation supports global collaboration, mentorship, and surgical training, aligning with SS Innovations’ vision to democratize robotic surgery and expand access to advanced healthcare technologies.
• The commercial launch of MantrAsana in India is expected by December 2025, followed by its global rollout in international markets.
• The project is spearheaded by Sudhir Srivastava, Founder and Chairman of SS Innovations International, who aims to make robotic surgery affordable and globally accessible.

Google Launches Project Suncatcher to Develop Solar-Powered Space-Based AI Data Centres

• Google unveiled Project Suncatcher, an ambitious research initiative to build AI data centres in space using solar-powered satellites housing Tensor Processing Units (TPUs) for efficient and sustainable AI computing.
• The project aims to overcome energy and sustainability challenges faced by ground-based data centres by leveraging uninterrupted solar energy, eliminating the need for water cooling, and reducing emissions.

Key Highlights :

• Solar panels in space can be up to eight times more efficient than those on Earth, offering continuous power for AI operations.
• Each satellite in Project Suncatcher’s constellation will include Trillium v6e TPUs, solar panels, and free-space optical communication systems capable of tens of terabits per second data transfer.
• The system will function as a distributed AI computing network, with satellites orbiting within a kilometre of each other, similar to Starlink, but optimized for AI workloads.
• Major challenges include maintaining high-speed multi-terabit communication, ensuring precise satellite positioning, improving radiation resistance of AI chips, and adapting hardware for vacuum and temperature extremes.
• Radiation tests under 67 MeV proton beams showed no critical failures up to 15 krad(Si), confirming TPU durability under limited exposure.
• Launch costs remain a barrier, but Google expects them to drop to $200/kg by the 2030s, making orbital AI compute more feasible.
• Prototype satellites for Project Suncatcher are planned for launch by early 2027 in partnership with Planet.
• The initiative aligns with similar space data projects by Elon Musk, Jeff Bezos, and Sam Altman, aimed at developing orbiting or lunar data centres for scalable AI infrastructure.

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

Roshani Adhikari Pathak Elected as IUCN Regional Council Representative for West and South Asia

• Roshani Adhikari Pathak, former Chairperson of the Nepal Forum of Environment Journalists (NEFEJ), has been elected as the Regional Council Member for West and South Asia of the International Union for Conservation of Nature (IUCN) for the 2026–2029 term.
• The IUCN Regional Councillors from South and East Asia include Lima Rosalind (India), Atsuhiro Yoshinaka (Japan), Yinfeng Gua (China), and Amran Hamzah (Malaysia).
• The elections were conducted during the IUCN World Conservation Congress 2025 held in Abu Dhabi from October 9 to 15.
• Rajan Khalifa Al Mubarak of the United Arab Emirates (UAE) was re-elected as IUCN President for the 2026–2029 term.
• The IUCN World Conservation Congress serves as a global platform to elect leaders and representatives responsible for guiding international conservation efforts.

CURRENT AFFAIRS : ACQUISITIONS & MERGERS

State Bank of India to Divest 6.3% Stake in SBI Funds Management via IPO

• State Bank of India (SBI) announced plans to sell a 6.3% stake in SBI Funds Management Limited. (SBIFML) through an IPO.
• The Executive Committee of the Central Board (ECCB) of SBI approved the divestment of 3,20,60,000 equity shares, equivalent to 6.3007% of SBIFML.
• Amundi India Holding, the other promoter, will divest 1,88,30,000 shares or 3.7006% of SBIFML.
• Together, the promoters will sell 5,08,90,000 shares, representing a 10.0013% total stake in SBIFML.
• The IPO, jointly initiated by both promoters, is expected to be completed in 2026, subject to regulatory approvals.
• SBI Funds Management Pvt. Ltd. (SBIFMPL) is a joint venture between SBI (India’s largest public sector bank) and Amundi, a France-based asset management company.

CURRENT AFFAIRS : SUMMITS & CONFERENCE

Dr. Mansukh Mandaviya to Head Indian Delegation at Second World Summit for Social Development in Doha (Nov 4–6, 2025)

• Union Minister Dr. Mansukh Mandaviya will lead the Indian delegation to the Second World Summit for Social Development (WSSD-2) in Doha, Qatar, from 4–6 November 2025.
• He will deliver India’s National Statement at the Opening Plenary Meeting and join world leaders in adopting the Doha Political Declaration.

Key Highlights :

• Mandaviya will address the High-Level Round Table on “Strengthening the Three Pillars of Social Development” — Poverty Eradication, Full and Productive Employment and Decent Work for All, and Social Inclusion.
• India’s achievements in poverty reduction: Between 2011 and 2023, 248 million Indians were lifted out of multidimensional poverty, reducing the poverty rate to 2.3% in 2022–23.
• Major contributors include Pradhan Mantri Garib Kalyan Anna Yojana, PM Awas Yojana, and Jan Dhan Yojana (financial inclusion initiative).
• India’s social protection coverage rose from 19% in 2015 to 6.3% in 2025, benefitting 940 million citizens, verified by the International Labour Organization (ILO).
• This expansion was enabled through the JAM Trinity (Jan Dhan–Aadhaar–Mobile), ensuring direct benefit delivery and transparency.
• A side event by NITI Aayog titled “Pathways Out of Poverty: India’s Experience in Empowering the Last Mile” will be held on 5 November 2025, showcasing India’s success in poverty reduction, women’s economic empowerment, and social security expansion.
• International participants include Brazil, Maldives, and the ILO, reaffirming commitment to the 2030 Agenda for Sustainable Development.
• Bilateral meetings will be held with Ministers from Qatar, Romania, Mauritius, and the European Union, and with the ILO Director-General and UN officials to discuss labour mobility, skilling, and employment generation.
• He will participate in an event on the National Career Service (NCS) Portal, highlighting it as a bridge between job seekers and employers.
• The visit will include Qatar’s Aspire Zone Complex and sports infrastructure sites to exchange best practices in sports management and youth engagement.
• The WSSD-2 continues the legacy of the 1995 Copenhagen Summit, focusing on poverty eradication, productive employment, and social inclusion for sustainable social progress.

CURRENT AFFAIRS: SPORTS NEWS

India Celebrates 100 Years of Hockey at Major Dhyan Chand National Stadium, New Delhi

• India celebrated 100 years of hockey with a grand centenary event held on 7th November 2025 at the Major Dhyan Chand National Stadium, New Delhi, marking a century of sporting excellence and national pride.
• The event traced the journey of Indian hockey from its colonial-era roots to Olympic dominance and modern resurgence.
• The celebration was graced by Mansukh Mandaviya (Union Minister of Youth Affairs & Sports), Kiren Rijiju (Union Minister), and Udhayanidhi Stalin (Deputy Chief Minister of Tamil Nadu), along with hockey legends, Olympians, coaches, administrators, and hundreds of young players.

Key Highlights

• As part of the nationwide engagement, over 1,400 matches were played across 550 districts, connecting every region to India’s rich hockey heritage and inspiring grassroots participation.
• An exhibition match between Union Ministers’ XI and Hockey India Mixed XI (Men & Women) emphasized gender inclusivity, teamwork, and the unity of the sport.
• The event honoured legendary figures such as Major Dhyan Chand, Balbir Singh Sr., and other icons who shaped India’s golden hockey era. A commemorative volume titled “100 Years of Indian Hockey” was released, chronicling the golden age of Olympic triumphs (8 gold medals between 1928–1980), periods of challenge and revival, and post-2009 professionalisation under Hockey India.
• A photo exhibition showcased India’s hockey journey from the 1936 Berlin Olympics to the 2020 Tokyo bronze medal, featuring rare photographs, vintage sticks, and team memorabilia, offering an immersive visual timeline of the sport’s evolution.
• India’s hockey legacy remains unparalleled with 8 Olympic gold medals and 13 total podium finishes, making it the most successful hockey nation in history. The centenary message celebrated hockey as more than a sport—it is the heartbeat of India and a symbol of its enduring spirit and unity.

CURRENT AFFAIRS: IMPORTANT DAYS

World Radiography Day 2025 is observed on 8th November every year

• World Radiography Day 2025 is observed on the 8th of November 2025.
• World Radiography Day 2025 is celebrated every year for one of the great discoveries of a new Electromagnetic wave called X-ray.
• World Radiography Day 2025 Theme is “Radiographers: Seeing the Unseen“.

History

• X-Ray was discovered in 1895 by Wilhelm Roentgen. In his laboratory, he accidentally discovered a new Electromagnetic wave that is transparent through flesh but won’t transfer through metals and bones.
• It is a great invention that is used in the medical field. He later named this unknown Electromagnetic wave an X-ray.
• In detail, Wilhelm Roentgen was working with a Cathode Ray tube in his laboratory. He found a fluorescent glow of crystals from the tube near his table which contains a bulb with positive and negative electrodes.
• Roentgen applied high voltage to the electrodes and evacuated the air in the tube. He shielded the tube with black paper.
• From this application, he saw a new green fluorescent light in the nearby material from the cathode tube.
• From this, he concluded that the tube emits a new type of phosphorescent material light which is capable of passing through paper and causing shadow in the Solid object.
• He named it X-Ray which is capable of passing through flesh and creating shadows of solid objects like bones. Since the discovery of X-rays happened on November 8th, this day is celebrated as World Radiography Day every year.

Daily CA One- Liner: November 8

• Prime Minister Narendra Modi inaugurated India’s first Digital Museum of Tribal Freedom Fighters at Nava Raipur, Atal Nagar, Chhattisgarh
• In a major development for India’s pharmaceutical industry, Mounjaro, a drug manufactured by Eli Lilly and Company, became the highest-value selling drug in India for October 2025, with monthly sales exceeding ₹1 billion
• Union Minister of Power, Housing & Urban Affairs Manohar Lal released a ₹50 commemorative coin to mark the 50th anniversary of NHPC Limited, India’s leading hydropower developer, at an event held in New Delhi.
• India will celebrate 150 years of the national song “Vande Mataram” in 2025, marking a historic milestone that honours its legacy of patriotism, unity, and devotion to the motherland
• Sai Gautam Gopalakrishnan, Associate Professor of Materials Engineering at the Indian Institute of Science (IISc), Bengaluru, has been awarded the Manohar Parrikar Yuva Scientist Award 2025 for his outstanding contributions to computational materials science
• Ministry of Skill Development and Entrepreneurship (MSDE), through its training arm Directorate General of Training (DGT), signed a strategic Memorandum of Understanding (MoU) with Autodesk Inc., a leading American multinational software corporation
• India celebrated 100 years of hockey with a grand centenary event held on 7th November 2025 at the Major Dhyan Chand National Stadium, New Delhi, marking a century of sporting excellence and national pride.
• The Securities and Exchange Board of India (SEBI) has urged major social media platforms and internet search engines to implement stronger safeguards against fraudulent investment activities.
• SBI Mutual Fund invested ₹100 crore in Lenskart ahead of its IPO through a pre-offer placement.
• City Union Bank (CUB), a private sector bank headquartered in Kumbakonam, Tamil Nadu, has launched a new EPF payment remittance feature in collaboration with the Employees Provident Fund Organisation (EPFO).
• The Indian payments ecosystem has witnessed a major transformation driven by the adoption of UPI (Unified Payments Interface).
• The Asian Development Bank (ADB) signed a $3 billion sovereign exposure exchange agreement (EEA) with the World Bank to enhance lending capacity for developing member countries.
• Australia is sending its first-ever First Nations business mission to India from October 26 to November 3, 2025, to strengthen trade and investment links.
• Kazakhstan is set to join the Abraham Accords, a U.S.-brokered framework that seeks to normalize relations between Israel and Muslim-majority countries.
• Egypt and Qatar signed a partnership deal to develop a luxury real estate and tourism project on Egypt’s Mediterranean coast, as part of Qatar’s $7.5 billion investment pledge to Cairo.
• OpenAI has launched IndQA, a new benchmark to evaluate AI systems’ performance in Indian languages, cultural contexts, and communication styles.
• SS Innovations International, Inc., a Gurugram-based startup and Nasdaq-listed company, has unveiled the world’s first Tele Surgeon Console (TSC) named MantrAsana.
• Google unveiled Project Suncatcher, an ambitious research initiative to build AI data centres in space using solar-powered satellites housing Tensor Processing Units (TPUs) for efficient and sustainable AI computing.
• Roshani Adhikari Pathak, former Chairperson of the Nepal Forum of Environment Journalists (NEFEJ), has been elected as the Regional Council Member for West and South Asia of the International Union for Conservation of Nature (IUCN) for the 2026–2029 term.
• State Bank of India (SBI) announced plans to sell a 6.3% stake in SBI Funds Management Limited. (SBIFML) through an IPO.
• Union Minister Dr. Mansukh Mandaviya will lead the Indian delegation to the Second World Summit for Social Development (WSSD-2) in Doha, Qatar, from 4–6 November 2025.
• World Radiography Day 2025 is observed on the 8th of November 2025.