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CURRENT AFFAIRS : BANKING, FINANCE & BUSINESS
Securities and Exchange Board of India Rolls Out New Threshold Criteria to Assess Materiality in Related Party Deals
- The Securities and Exchange Board of India (SEBI) introduced a threshold-based framework to determine materiality of Related Party Transactions (RPTs) based on annual consolidated turnover of listed companies.
- A Related Party Transaction refers to dealings with subsidiaries, promoters, directors, or significant influencing entities, which may pose conflict-of-interest risks.
- The new norms aim to remove ambiguities, address practical challenges, and balance investor protection with ease of doing business under Listing Obligations and Disclosure Requirements (LODR) norms.
Key Highlights :
- Turnover up to ₹20,000 crore: RPT is material if it exceeds 10% of annual consolidated turnover.
- For companies with turnover ₹20,001–₹40,000 crore, the materiality threshold is ₹2,000 crore + 5% of turnover exceeding ₹20,000 crore.
- For companies with turnover above ₹40,000 crore, the threshold is ₹3,000 crore + 2.5% of turnover exceeding ₹40,000 crore, with an upper ceiling of ₹5,000 crore to protect minority shareholders.
- Earlier, under LODR, an RPT was material if it exceeded ₹1,000 crore or 10% of annual consolidated turnover, whichever was lower.
- Stakeholders argued the ₹1,000 crore limit followed a one-size-fits-all approach, ignoring differences in operational scale and business models.
- SEBI has relaxed disclosure requirements, allowing simplified information submission if the total RPT value does not exceed 1% of annual turnover or ₹10 crore, whichever was lower.
- The simplified disclosures reduce compliance burden, particularly for mid-cap and small-cap companies.
- Omnibus approvals granted in an AGM remain valid until the next AGM, while approvals in other general meetings are valid for one year from the date of approval.
- The new framework promotes proportionality, flexibility, and risk-based compliance in handling RPTs.
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.
Oman’s Central Bank Launches Unified Currency Symbol for the Omani Rial
- The Central Bank of Oman (CBO) launched a new unified symbol for the Omani Rial, marking a significant milestone in the Sultanate’s financial system.
- The initiative aims to strengthen the global presence, visibility, and credibility of the Omani Rial in international banking, commerce, and digital services.
- CBO Governor Ahmed Ja’afar Al Musalmi highlighted that the new symbol enhances the Rial’s identity and recognition worldwide.
- The unified currency symbol ensures consistent representation across financial, commercial, and digital platforms.
- The development aligns with Oman Vision 2040, promoting innovation, modernization, and global economic integration.
CURRENT AFFAIRS : INTERNATIONAL NEWS
United States of America Names Saudi Arabia as Its 20th Major Non-NATO Ally Under President Trump
- United States of America (USA) President Donald Trump designated Saudi Arabia as a Major Non-North Atlantic Treaty Organization Ally (MNNA), strengthening defence ties.
- With this status, Saudi Arabia became the 20th country to receive Major Non-NATO Ally recognition.
- A Strategic Defence Agreement was signed to enhance military coordination, strengthen Middle East deterrence, and give priority access to U.S. defence equipment.
- The designation grants military and economic privileges but does not impose binding security commitments.
- The U.S. approved the future sale of F-35 advanced fighter jets to Saudi Arabia.
- Both nations agreed to expand cooperation in civil nuclear energy, artificial intelligence, critical minerals, and joint research.
- Saudi Arabia pledged to increase investments in the U.S. from USD 600 billion to USD 1 trillion, deepening economic partnership.
About Saudi Arabia :
- Crown Prince and Prime Minister : Mohammed bin Salman
- Capital : Riyadh
- Currency : Saudi riyal
Malaysia to ban social media access for users below 16 from next year to enhance online safety
- Malaysia will enforce a nationwide restriction banning users under 16 from accessing social media starting next year to improve digital safety.
- The move aims to reduce cyberbullying, scams, and online exploitation affecting minors.
- The government expects social media platforms to comply with the new age limits by next year.
- Several countries globally are increasing child online regulation, including Australia, France, Spain, Italy, Denmark, and Greece through age verification systems.
- The trend reflects growing concerns about social media’s impact on teenage mental health.
- Malaysia has recently intensified scrutiny of online platforms over harmful content such as online gambling and sensitive racial or religious posts.
- A new rule requires digital platforms with over eight million Malaysian users to register with regulators, increasing government oversight.
- Indonesia has also reviewed minimum age policies but currently focuses on content filtering and stronger verification systems.
India, Denmark Launch Indo-Danish Business Council to Boost Bilateral Ties Through Innovation and Sustainability
- India and Denmark have launched the Indo-Danish Business Council (IDBC) in Copenhagen to strengthen bilateral ties through innovation, investment, and sustainable development.
- The launch was led by Manish Prabhat, Ambassador of India to Denmark, commemorating 75 years of diplomatic relations between the two countries.
Key Highlights :
- The IDBC aims to foster structured cooperation that drives strategic collaboration and accelerates business growth.
- The initiative expands the India–Denmark Green Strategic Partnership, promoting innovation, entrepreneurship, and knowledge sharing.
- Key focus sectors include Life Sciences, Deep Tech, Healthcare, Green Energy, Fintech, Venture Ecosystems, and Sustainability.
- The Council unites industry leaders, entrepreneurs, investors, and policymakers to create opportunities in sectors advancing the global green and digital transition.
- Freddy Svane, former Danish Ambassador to India, serves as Chairperson, promoting sustainable growth and green international partnerships.
- Sudhir Mishra and Rajat Pandey serve as Co-Chairs, while Subhrangshu Kumar Neogi mentors IDBC’s India operations.
- Ravindra Kumar acts as International Representative, enhancing the UK–India–Denmark business corridor through collaboration and investment.
About Denmark :
- Prime Minister : Mette Frederiksen
- Capital : Copenhagen,
- Currency : Danish Krone (DKK).
CURRENT AFFAIRS: NATIONAL AND STATE NEWS
Government Implements All Four Labour Codes from 21 November 2025
- The Government of India has implemented all four Labour Codes — Code on Wages (2019), Industrial Relations Code (2020), Code on Social Security (2020), and OSHWC Code (2020) — from 21 November 2025, replacing 29 existing labour laws.
- The reform modernises decades-old labour regulations, enhances worker welfare, simplifies industry compliance, and strengthens India’s push towards Aatmanirbhar Bharat.
- The Codes shift India from fragmented colonial-era laws to a modern, unified, and future-ready labour framework, ensuring protection for workers and flexibility for industry.
- Key Before–After Changes:
- Formalisation: Mandatory appointment letters for all workers.
- Social Security: PF, ESIC, insurance and benefits extended to all workers, including gig/platform workers.
- Minimum Wages: Statutory right to minimum wages for every worker.
- Healthcare: Free annual health check-up for workers above 40.
- Timely Wages: Mandatory timely wage payment.
- Women Workers: Allowed in night shifts and all job roles, with safety measures.
- ESIC: Coverage expanded PAN-India, mandatory even for hazardous-process units with 1 worker.
- Compliance: Single registration, single licence, single return nationwide.
- Benefits Across Key Sectors:
- Fixed-Term Employees: Equal benefits as permanent staff; gratuity after 1 year; increased income security.
- Gig & Platform Workers: Defined legally for the first time; aggregators to contribute 1–2% of turnover; Aadhaar-linked Universal Account Number ensures portability.
- Contract Workers: Health benefits, social security by principal employer; free health check-ups.
- Women Workers: Equal pay, non-discrimination, night-shift freedom with safety; representation in grievance committees; coverage extended to parents-in-law.
- Youth Workers: Minimum wage guarantee, formal job letters, wages during leave, floor-wage protection.
- MSME Workers: Social security coverage, canteens, rest areas, overtime wages, timely payments.
- Beedi & Cigar Workers: Minimum wages, 8–12 hours/day limit; double pay for overtime; bonus eligibility after 30 days.
- Plantation Workers: Brought under OSHWC & Social Security Codes; mandatory safety training; ESI benefits; children’s education facilities.
- Audio-Visual & Digital Workers: Appointment letters, timely wages, double overtime pay, safety and welfare coverage.
- Mine Workers: Commuting accidents treated as employment-related; safety standards; annual health check-up; 8–12 hour workday limit.
- Hazardous Industry Workers: Annual health check-ups; national safety standards; women permitted in hazardous roles; mandatory safety committees.
- Textile Workers: Migrant workers ensured equal wages, welfare, PDS portability; overtime at double wages; 3-year claim window.
- IT & ITES Workers: Salary by 7th every month; equal pay; night-shifts for women; dispute resolution; mandatory appointment letters.
- Dock Workers: Mandatory appointment letters; PF, pension, insurance; annual check-ups; facility standards ensured.
- Export Sector Workers: FTEs get gratuity, PF, social security; annual leave after 180 days; timely wages; safe working conditions and night-shift opportunities for women.
- Additional Reforms Introduced:
- National Floor Wage ensures no worker earns below a standard minimum.
- Gender-neutral employment — discrimination prohibited, including against transgender persons.
- Inspector-cum-Facilitator system to promote guidance over penalties.
- Faster dispute resolution through two-member Industrial Tribunals with direct access after conciliation.
- Single registration, licence, and return across all labour requirements.
- National OSH Board to set uniform safety standards across sectors.
- Mandatory safety committees in establishments with 500+ workers.
- Higher applicability limits ease compliance for small units while retaining safeguards.
- India’s social security coverage expanded from 19% (2015) to over 64% (2025). The Labour Codes further expand coverage, ensure portability across states, and strengthen protections for women, youth, gig, unorganised and migrant workers.
- The implementation marks a major step in building a pro-worker, pro-women, pro-youth, pro-industry labour ecosystem, supporting employment generation, skilling, and economic growth.
India Resumes Tourist Visas for Chinese Nationals from July 24, 2025
- India has resumed issuing tourist visas to Chinese nationals from 24 July 2025, ending a five-year suspension that began in 2020 due to border tensions in eastern Ladakh and the COVID-19 pandemic.
- The visa freeze, along with suspension of direct flights, had halted almost all tourism and significantly reduced people-to-people exchanges between India and China.
- The resumption follows renewed diplomatic engagement, gradual normalization of ties, and the restoration of direct passenger flights earlier in 2025.
- India aims to revive its inbound tourism sector, and reopening to Chinese travelers—traditionally major contributors to foreign tourist arrivals—supports this economic objective.
- The move is viewed as a strategic diplomatic gesture, signalling India’s willingness to rebuild confidence while maintaining its core security considerations.
- Tourist visas will be issued through the standard online process, with regulated in-person appointments at Indian Visa Application Centres in Beijing, Shanghai, and Guangzhou, ensuring secure and controlled implementation.
India to Host Sixth International Agronomy Congress (IAC-2025) in New Delhi
- India will host the Sixth International Agronomy Congress (IAC-2025) from 24–26 November 2025 in New Delhi, bringing together over 1,000 global delegates, including experts, researchers, policymakers, agri-leaders, and innovators.
- The event will be inaugurated by Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan, highlighting India’s leadership in sustainable agronomy.
- The theme of IAC-2025 is “Re-envisioning Agronomy for Smart Agro-Food Systems and Environmental Protection”, focusing on climate-resilient, sustainable, and nutrition-sensitive agriculture.
- The three-day congress will feature plenary sessions, thematic symposia, lead lectures, poster presentations, agri-tech exhibitions, and a Young Scientists & Students’ Conference.
- Participants will include senior officials from global organisations, agricultural university leaders, ICAR representatives, industry experts, and agri-tech innovators.
- Key discussion areas include climate-resilient farming, precision agriculture (AI & IoT), soil health, water conservation, digital agriculture, natural farming, integrated nutrient and pest management, agri-business models, and gender/youth inclusion.
- The congress aims to develop actionable strategies and policy recommendations for future-ready agronomy to support both national and global adoption.
- Hosting IAC-2025 aligns with India’s efforts to promote climate-smart agriculture, food and nutrition security, global knowledge exchange, and inclusive agri-innovation, supporting global goals such as the SDGs on Zero Hunger, Climate Action, and Sustainable Land Use.
RECENT NEWS
- India has announced it will host the Global Big Cats Summit in New Delhi in 2026, showcasing its leadership in wildlife conservation and climate action. The declaration was made by Union Environment Minister Bhupender Yadav during the High-Level Ministerial Segment on the International Big Cat Alliance (IBCA) in Brazil, where he also emphasized the global ecological value of protecting big cats and their habitats.
CURRENT AFFAIRS: MOUS AND AGREEMENT
India–Israel Begin Negotiations for Free Trade Agreement (FTA)
- India and Israel signed the Terms of Reference (ToR) in Tel Aviv, formally launching negotiations for a Comprehensive Free Trade Agreement (FTA).
- The ToR was signed by Piyush Goyal, Minister of Commerce & Industry (India), and Nir Barkat, Minister of Economy & Industry (Israel).
Key Highlights
- The ToR establishes the framework for structured negotiations, covering trade in goods and services, investment promotion and protection, market access, regulatory cooperation, technology transfer, and innovation partnerships.
- The agreement aims to create a balanced and mutually beneficial FTA with clear timelines, dispute-resolution mechanisms, and sector-specific dialogues.
- The initiative seeks to strengthen economic ties beyond existing cooperation in defence and technology.
- The proposed FTA is expected to boost bilateral trade, particularly in agriculture, pharmaceuticals, electronics, defence, and digital services.
- India’s large consumer market and manufacturing base complement Israel’s strengths in agritech, water management, cybersecurity, and R&D innovation.
- The FTA is projected to enhance investment flows, joint ventures, and cross-border innovation hubs, advancing cooperation in high-technology sectors.
- Strengthening ties with Israel supports India’s broader strategy of diversifying global trade partnerships and reducing supply-chain vulnerabilities.
- Key priority areas in upcoming negotiations include tariff reduction, customs cooperation, services trade, start-up collaboration, regulatory harmonization, investor protection, e-commerce and digital trade, fintech, and joint research in agriculture and clean energy.
- The move marks a significant step towards creating a modern, innovation-driven economic partnership between India and Israel.
CURRENT AFFAIRS: RANKING AND REPORTS
Larry Page Becomes World’s 3rd Richest Person After Alphabet’s Gemini 3 AI Boost
- Larry Page, Google cofounder and major Alphabet shareholder, has overtaken Jeff Bezos to become the 3rd-richest person globally after Alphabet’s strong Q3 results and the launch of Gemini 3 AI.
- Alphabet’s stock surged nearly 6% intraday (later stabilising at 3.3%), resulting in a $7.6 billion increase in Larry Page’s net worth.
- Page holds a 3.2% stake in Alphabet; his real-time net worth reached $246.11 billion (21 November 2025).
- Sergey Brin, holding a 2.9% stake, also gained $7 billion, raising his wealth to $228.20 billion.
- Page has moved ahead of Jeff Bezos ($233.6 billion) in the Forbes Real-Time Billionaires List.
- Gemini 3, Google’s new AI model, is the first AI system to achieve PhD-level academic reasoning, showing a 74% improvement over its predecessor.
- Key Gemini 3 features include integration across Google Cloud services, improved enterprise AI performance, and strengthened AI and cloud dominance for Alphabet.
- Alphabet achieved its first-ever $100 billion quarter, reporting 16% year-on-year revenue growth.
- Google Cloud revenue rose to $15.2 billion, marking a 34% YoY increase.
- Berkshire Hathaway disclosed a $4.3 billion stake in Alphabet, boosting investor confidence in Alphabet’s long-term AI and cloud strategy.
- Top five billionaires (21 November 2025):
- Elon Musk – $466.2 billion
- Larry Ellison – $276.5 billion
- Larry Page – $246.1 billion
- Jeff Bezos – $233.6 billion
- Sergey Brin – $228.2 billion
CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS
Justice Surya Kant Takes Charge as India’s 53rd Chief Justice After Swearing-In by President Murmu
- Justice Surya Kant officially assumed office as the 53rd Chief Justice of India (CJI) on November 24, 2025, after being administered the oath by President Droupadi Murmu at Rashtrapati Bhavan.
- Justice Surya Kant took the oath in Hindi, making it a notable ceremonial highlight.
- His tenure as CJI will last until February 9, 2027, giving him nearly 15 months in office.
- As CJI, his priorities include reducing case pendency, reviving Constitution Benches, promoting ADR and mediation, and enhancing technological and AI-based judicial systems.
About Justice Surya Kant :
- Surya Kant was born on February 10, 1962, in Hisar, Haryana.
- He began practicing law in Hisar district court in 1984, later shifting to Punjab and Haryana High Court in 1985.
- He became the youngest Advocate General of Haryana in 2000, showing early recognition in his career.
- He served as the Chief Justice of the Himachal Pradesh High Court in 2018, before elevation to the Supreme Court on May 24, 2019.
- As a Supreme Court Judge, Justice Kant was part of landmark rulings, including abrogation of Article 370, Pegasus spyware case, and presidential reference on powers of Governors and President over state bills.
- Justice Kant directed disclosure of 65 lakh excluded voters in Bihar, stressing transparency in electoral processes.
- He was part of the bench that appointed a committee led by Justice Indu Malhotra to probe PM Modi’s security breach in 2022, emphasizing oversight in security lapses.
- He upheld the One Rank One Pension (OROP) scheme as constitutionally valid, supporting military welfare reforms.
- He was on the seven-judge bench that overruled the 1967 AMU judgment, enabling reconsideration of the institution’s minority status.
Chitra Talwar Named Part-Time Chairperson of Jana Small Finance Bank from February 2026
- Chitra Talwar was appointed as the Part-Time Chairperson of Jana Small Finance Bank (Jana SFB), effective from 8 February 2026.
- She will replace R. Ramaseshan, who completed his maximum tenure of eight years on 7 February 2026.
- Chitra Talwar has over 30 years of experience in leading consumer companies like Britannia and PepsiCo.
- She has strong expertise in sales, marketing, strategy, and general management, with experience in leading global teams for high-impact business practices.
- She has been associated with Jana SFB as an Independent Director since January 2020.
Samia Suluhu Hassan Takes Oath for Second Term as Tanzania’s President in Dodoma
- Samia Suluhu Hassan was sworn in for her second term as President of Tanzania at a ceremony in Dodoma, Tanzania.
- She is Tanzania’s 6th President and the first woman to hold the nation’s top office.
- The Tanzanian General Election was held on 29 October 2025 to elect the President, National Assembly, and Local Councils.
- Samia Suluhu Hassan, representing the Chama Cha Mapinduzi (CCM) party, won with 97.66% votes, securing a landslide victory.
- Major opposition parties, including CHADEMA, were barred from contesting, raising concerns about electoral fairness.
- She began her political career after development sector work and rose within CCM, gaining recognition for leadership and governance.
- In 2015, she became Tanzania’s first female Vice President under President John Magufuli.
- After Magufuli’s death in March 2021, she assumed office as Tanzania’s 6th President on 19 March 2021.
- She also serves as the 3rd Vice Chairperson of the African Union (AU) since 15 February 2025.
About Tanzania :
- Prime Minister : Kassim Majaliwa
- Capital : Dodoma
- Currency : Tanzanian Shilling (TZS).
Sankarasubramaniam, Managing Director & Chief Executive Officer of Coromandel International, Elected as New Chairman of Fertilizer Association of India
- Sankarasubramaniam, Managing Director (MD) and Chief Executive Officer (CEO) of Coromandel International Limited (part of Murugappa Group), has been elected as the new Chairman of the Fertilizer Association of India (FAI) during the FAI Board meeting in New Delhi.
- He was previously the Co-Chairman of the FAI Board and Chairman of FAI’s Southern Region, taking over from Sailesh C. Mehta.
- Siba Prasad Mohanty, MD of Hindustan Urvarak & Rasayan Ltd (HURL), will now serve as the sole Co-Chairman of FAI.
- Sankarasubramaniam has over 30 years of experience in the fertilizer and agribusiness sector, particularly in the Phosphatic and Potassic (P&K) segment.
- He joined the Murugappa Group in 1993, held several leadership positions, and joined Coromandel International Ltd in 2003.
- He was appointed Chief Financial Officer (CFO) in 2011, took charge of the Nutrient Business in 2017, and became Executive Director (ED) and MD & CEO in August 2024.
- He is a member of the Institute of Cost & Works Accountants of India, highlighting his professional credentials.
CURRENT AFFAIRS : DEFENCE NEWS
INS Mahe, India’s First Mahe-Class ASW Shallow Water Craft, Inducted into Western Naval Command
- INS Mahe was commissioned on 24 November 2025 at the Naval Dockyard in Mumbai, marking the induction of the first Mahe-class Anti-Submarine Warfare Shallow Water Craft (ASW-SWC).
- The ceremony was presided over by General Upendra Dwivedi, Chief of the Army Staff, and hosted by Vice Admiral Krishna Swaminathan of Western Naval Command.
Key Highlights :
- INS Mahe is designed and built by Cochin Shipyard Ltd., Kochi, and is the lead ship of eight vessels in its class.
- The ship is named after the historic coastal town Mahe on the Malabar Coast, symbolizing rich maritime heritage.
- INS Mahe features over 80% indigenous content, reinforcing India’s vision of Aatmanirbhar Bharat in naval capability.
- The ship’s crest shows the Urumi sword and blue waves, symbolizing agility, strength, and maritime prowess, while the mascot is the Cheetah, representing speed and precision.
- It is equipped with advanced weapons, sensors, and communication systems enabling detection, tracking, and neutralization of submarine threats in shallow coastal waters.
- The ship strengthens the Indian Navy’s Anti-Submarine Warfare (ASW) capabilities, particularly in littoral zones.
- The project involves major Indian defence firms including BEL, L&T Defence, Mahindra Defence Systems, and NPOL, along with over 20 MSMEs, showcasing India’s expanding defence ecosystem.
- Mahe-class vessels will serve as the first line of coastal defence, integrating with larger naval assets to maintain continuous maritime vigilance.
CURRENT AFFAIRS : SCIENCE & TECHNOLOGY
Indian Space Research Organization Tests CE-20 Cryogenic Engine in Boot-Strap Mode to Enhance Multiple Restart Capability
- The Indian Space Research Organization (ISRO) successfully demonstrated the boot-strap mode start of the CE-20 cryogenic engine, improving restart capability for future missions.
- The 10-second vacuum test was conducted on 7 November 2025 at the High-Altitude Test (HAT) facility of the ISRO Propulsion Complex, Mahendragiri, Tamil Nadu.
- ISRO ignited the CE-20 thrust chamber and gas generator using a multi-element igniter, allowing turbopumps to start without auxiliary systems and ensuring a self-sustained boot-strap operation.
- This capability is vital for multi-orbit missions that need multiple engine restarts, replacing the current system where each restart requires a dedicated gas bottle, which reduces payload capacity.
- The CE-20 engine powers the upper stage of the LVM-3 rocket, is qualified for 19–22 tonnes thrust with a single in-flight start, and has been cleared for upcoming Gaganyaan missions.
CURRENT AFFAIRS: SPORTS NEWS
India Wins 9 Gold Medals at World Boxing Cup Finals 2025 – Best-Ever Performance
- India concluded its debut campaign at the World Boxing Cup Finals 2025 in Greater Noida, Uttar Pradesh, with an outstanding 9 gold medals, marking one of India’s strongest international boxing achievements.
- Indian women boxers dominated, winning 7 gold medals:
- Jaismine Lamboria (57 kg) defeated Wu Shih Yi (Chinese Taipei) 4–1
- Nikhat Zareen (51 kg) beat Xuan Yi Guo (Chinese Taipei) 5–0
- Parveen Hooda (60 kg) overcame Ayaka Taguchi (Japan) 3–2
- Arundhati Choudhary (70 kg) beat Aziza Zokirova (Uzbekistan) 5–0
- Preeti Pawar (54 kg) defeated Sirine Charaabi (Italy) 5–0
- Minakshi Hooda (48 kg) beat Fozilova Farzona (Uzbekistan) 5–0
- Nupur Sheoran (80+ kg) defeated Oltinoy Sotimboeva (Uzbekistan)
- This 7-gold sweep by Indian women is a historic first, highlighting India’s fast-rising dominance in global women’s boxing.
- Indian men added 2 gold medals and 4 silver medals:
- Gold:
- Sachin Siwach (60 kg) defeated Paris Olympics silver medallist Munarbek Seitbek Uulu (Kyrgyzstan)
- Hitesh Gulia (70 kg) beat Mursal Nurbek (Kazakhstan)
- Silver:
- Ankush Panghal (80 kg) lost to Oladimeji Shittu (England)
- Abhinash Jamwal (65 kg) lost to Shion Nishiyama (Japan)
- Pawan Bartwal (55 kg) lost to Samandar Olimov (Uzbekistan)
- Jadumani Singh (50 kg) lost to Asilbek Jalilov (Uzbekistan)
- India’s overall performance — 9 golds in total — is its best-ever result at a major international boxing competition.
Roger Federer Elected to the International Tennis Hall of Fame – Class of 2026
- Roger Federer, one of the most iconic tennis players in history, has been elected to the International Tennis Hall of Fame (Class of 2026).
- The announcement was made on 19 November 2025, and the formal induction will take place in Newport, Rhode Island, from August 27–29, 2026.
- Federer’s legendary career includes:
- 20 Grand Slam singles titles (8 Wimbledon, 6 Australian Open, 5 US Open, 1 French Open)
- 103 ATP Tour titles (2nd most in Open Era)
- 310 weeks as World No. 1, including 237 consecutive weeks
- Davis Cup Winner – 2014
- Retired in 2022 after his final match at the Laver Cup
- Olympic achievements: Gold medal in doubles (2008 Beijing Olympics) and Silver medal in singles (2012 London Olympics).
- Federer was elected in his first year of eligibility, reflecting his global influence and respect within the tennis community.
- The International Tennis Hall of Fame honours individuals who have made a lasting impact on the sport.
- Federer reacted by calling the honour “deeply humbling,” receiving the news while at Swiss Tennis, where his journey began.
- The Class of 2026 also includes Mary Carillo (Contributor Category), honoured for her long-standing contributions as a tennis broadcaster and former player.
- Federer’s legacy extends beyond statistics — he is celebrated for sportsmanship, graceful playing style, and his role in the Golden Era of tennis alongside Nadal and Djokovic.
- His career elevated global interest in tennis and inspired millions, marking him as a symbol of excellence and longevity.
CURRENT AFFAIRS: IMPORTANT DAYS
International Day for the Elimination of Violence Against Women – 25 November 2025
- The International Day for the Elimination of Violence Against Women is observed annually on 25 November to raise global awareness about violence faced by women, including rape, domestic abuse, and other forms of gender-based violence.
- The day also aims to highlight the true scale and reality of violence that often remains hidden or under-reported.
- The date commemorates the assassination of the Mirabal sisters of the Dominican Republic on 25 November 1960, who were murdered under the dictatorship of Rafael Trujillo for opposing his regime.
- As per United Nations data, 19% of women aged 15–49 have experienced physical and/or sexual violence by an intimate partner, with many cases resulting in death.
- In December 1999, the UN General Assembly officially designated 25 November as the International Day for the Elimination of Violence Against Women, calling for global action to prevent and eliminate violence against women and girls.
Daily CA One- Liner: November 25
- The Government of India has implemented all four Labour Codes — Code on Wages (2019), Industrial Relations Code (2020), Code on Social Security (2020), and OSHWC Code (2020) — from 21 November 2025, replacing 29 existing labour laws
- India has resumed issuing tourist visas to Chinese nationals from 24 July 2025, ending a five-year suspension that began in 2020 due to border tensions in eastern Ladakh and the COVID-19 pandemic
- India will host the Sixth International Agronomy Congress (IAC-2025) from 24–26 November 2025 in New Delhi, bringing together over 1,000 global delegates, including experts, researchers, policymakers, agri-leaders, and innovators.
- The Securities and Exchange Board of India (SEBI) introduced a threshold-based framework to determine materiality of Related Party Transactions (RPTs) based on annual consolidated turnover of listed companies.
- The Central Bank of Oman (CBO) launched a new unified symbol for the Omani Rial, marking a significant milestone in the Sultanate’s financial system.
- United States of America (USA) President Donald Trump designated Saudi Arabia as a Major Non-North Atlantic Treaty Organization Ally (MNNA), strengthening defence ties.
- Malaysia will enforce a nationwide restriction banning users under 16 from accessing social media starting next year to improve digital safety.
- India and Denmark have launched the Indo-Danish Business Council (IDBC) in Copenhagen to strengthen bilateral ties through innovation, investment, and sustainable development.
- Justice Surya Kant officially assumed office as the 53rd Chief Justice of India (CJI) on November 24, 2025, after being administered the oath by President Droupadi Murmu at Rashtrapati Bhavan.
- Chitra Talwar was appointed as the Part-Time Chairperson of Jana Small Finance Bank (Jana SFB), effective from 8 February 2026.
- Samia Suluhu Hassan was sworn in for her second term as President of Tanzania at a ceremony in Dodoma, Tanzania.
- Sankarasubramaniam, Managing Director (MD) and Chief Executive Officer (CEO) of Coromandel International Limited (part of Murugappa Group), has been elected as the new Chairman of the Fertilizer Association of India (FAI) during the FAI Board meeting in New Delhi.
- INS Mahe was commissioned on 24 November 2025 at the Naval Dockyard in Mumbai, marking the induction of the first Mahe-class Anti-Submarine Warfare Shallow Water Craft (ASW-SWC).
- The Indian Space Research Organization (ISRO) successfully demonstrated the boot-strap mode start of the CE-20 cryogenic engine, improving restart capability for future missions.
- India and Israel signed the Terms of Reference (ToR) in Tel Aviv, formally launching negotiations for a Comprehensive Free Trade Agreement (FTA).
- Larry Page, Google cofounder and major Alphabet shareholder, has overtaken Jeff Bezos to become the 3rd-richest person globally after Alphabet’s strong Q3 results and the launch of Gemini 3 AI
- India concluded its debut campaign at the World Boxing Cup Finals 2025 in Greater Noida, Uttar Pradesh, with an outstanding 9 gold medals, marking one of India’s strongest international boxing achievements
- Roger Federer, one of the most iconic tennis players in history, has been elected to the International Tennis Hall of Fame (Class of 2026).
- The International Day for the Elimination of Violence Against Women is observed annually on 25 November to raise global awareness about violence faced by women, including rape, domestic abuse, and other forms of gender-based violence