MTO Current Affairs One Liner: 08-October-2025
PIB NEWS
- NITI Aayog released a pioneering study proposing ‘Mission Digital ShramSetu’ to harness AI and frontier technologies for empowering India’s 490 million informal workers.
- Ministry of Minority Affairs signed an MoU with IIT Palakkad to train 400 candidates from minority communities in Kerala under the PM VIKAS skilling scheme.
- GST reforms have introduced significant rate reductions across key sectors in Kerala, expected to boost affordability, export competitiveness, and livelihoods across agriculture, industry, and services.
- Union Minister Dr. Jitendra Singh said India’s space economy is projected to reach $44 billion by 2033, driven by reforms, private sector growth, and ambitious space missions.
INDUSTRY NEWS
- Tata Power-DDL signed a five-year agreement with Bihar State Power Holding Company Limited to train engineers in managerial, technical, and leadership skills to shape the future of India’s power sector.
- India became a net importer of finished steel in September 2025, with imports totaling 0.65 million metric tones despite a year-on-year decrease and rising domestic production.
- Air India signed a code-share agreement with Taiwan’s Starlux Airlines to enhance connectivity and expand travel options between India and Taiwan.
- India achieved record generation of solar and wind power in the first half of 2025, reinforcing the country’s leadership in renewable energy growth
FINANCIAL NEWS
- The Reserve Bank of India plans to enhance the banking ombudsman scheme by allowing compensation of up to ₹30 lakh for financial losses and ₹3 lakh for harassment and time spent for aggrieved bank customers.
- PhonePe unveiled a new smart speaker equipped with integrated card payment capabilities to advance voice-based transactions and enhance convenience for users.
- The World Bank has increased India’s GDP growth forecast for fiscal year 2025-26 to 6.5%, while revising the 2026-27 outlook downwards due to global uncertainties.
- The Reserve Bank of India launched ‘Bharat Connect FX’ to facilitate smooth foreign exchange transactions for Indian retail customers buying and selling US dollars.
- UK fintech company Revolut plans to enter India’s digital payments market with ambitions to gain 20 million customers by 2030.
NATIONAL & STATES NEWS
- Tamil Nadu aims to attract investments totaling ₹75,000 crore by 2032 through its Defence Industrial Corridor to establish a globally competitive aerospace and defence manufacturing hub.
- Maharashtra aims to become India’s semiconductor capital by 2030, actively collaborating with scientists, engineers, and entrepreneurs to lead India’s chip manufacturing and innovation ecosystem.
- India marks the 93rd anniversary of the Indian Air Force, honouring the dedication, bravery, and professionalism of its air warriors with tributes from top defence officials and national leaders.
WORLD NEWS
- Commerce and Industry Minister Piyush Goyal concluded a successful three-day visit to Qatar, focusing on deepening economic ties and setting ambitious targets to double bilateral trade by 2030.
- Iran is set to remove four zeroes from its national currency as part of a major economic reform to stabilize inflation and simplify financial transactions.
SPORTS NEWS
- Linthoi Chanambam created history by winning a bronze medal in the women’s 63kg category at the 2025 Junior Judo World Championships in Lima, Peru, marking India’s first-ever medal in this tournament.
- Cricket legends BS Chandrasekhar and Brian Lara were honoured with Lifetime Achievement Awards recognizing their outstanding contributions to world cricket.
AWARDS & HONOURS
- The Nobel Prize in Chemistry 2025 was awarded to researchers for revolutionary contributions impacting molecular imaging and disease diagnostics.
APPOINTMENTS & RESIGNATIONS
- Egypt’s former Minister of Tourism and Antiquities, Khaled El-Enany, has been elected as the next Director-General of UNESCO, becoming the first Arab to hold this prestigious position.
RANKING & REPORTS
- A global health study revealed that 100 million people vape worldwide, including 15 million children, raising concerns over health impacts and tobacco control challenges.
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