Current Affairs One-Liner + Detailed PDF

PIB NEWS

The PM E-DRIVE Scheme has disbursed Rs 1,634.62 crore in subsidies till November 23, 2025, with allocations for e-ambulances, EV charging infrastructure, and e-buses in major cities like Mumbai, Delhi, and Pune.

DPIIT recognised 1,97,692 startups under Startup India initiative till October 31, 2025, with 6,385 marked as closed; no unusual closure spike observed amid robust funding support.

Ministry of Panchayati Raj trained 19,76,006 participants under Revamped RGSA scheme in 2025-26, approved 6,703 Gram Panchayat Bhawans and 27,723 computers, while e-GramSwaraj portal ensures real-time monitoring of Panchayat works.

Karnataka installed 14,151 rooftop solar systems benefiting 22,313 households under PM Surya Ghar Muft Bijli Yojana as of November 26, 2025, contributing 25.7 GW (10.24%) to India’s total renewable capacity.

India reached 50% non-fossil fuel electricity capacity (259 GW) ahead of Paris Agreement NDC target, adding 31.2 GW in FY 2025-26 up to October 2025, with REIAs issuing 67,554 MW Letters of Award since April 2023.

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IMPORTANT CIRCULARS

Reserve Bank of India published fifteenth biennial Foreign Collaboration Survey results covering FY 2023-24 and 2024-25, capturing 601 foreign technical collaboration (FTC) agreements by 255 Indian companies primarily in manufacturing sector with Japan, USA, Germany as top partners.

Reserve Bank of India included eight Regional Rural Banks in the Second Schedule to RBI Act 1934 while excluding nineteen erstwhile RRBs via notifications dated October 8, 2025, published in Gazette of India on November 11, 2025.

Reserve Bank of India designated State Bank of India, HDFC Bank, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs) for 2025 under unchanged bucketing structure, requiring additional CET1 capital buffers over Capital Conservation Buffer based on March 31, 2025 data.

INDUSTRY NEWS

S&P Global Ratings upgraded Vedanta Resources’ outlook to ‘positive’ from ‘stable’ while affirming ‘B’ rating on senior unsecured notes, citing aluminium facility ramp-up, cost improvements, and deleveraging progress.

National Highways Authority of India signed MoU with Reliance Jio to deliver telecom-based safety alerts via SMS, WhatsApp, calls using 4G/5G infrastructure across national highways.

Crisil projects 6-7% revenue growth for Indian agrochemical industry in FY 2025-26 led by volume recovery and global demand revival despite weak domestic kharif season

Meghalaya hosted first Northeast India Organic Week with APEDA buyer-seller meet attracting 13-country delegation, positioning region as premium organic export hub.

FINANCIAL NEWS

India’s current account deficit moderated to $12.3 billion (1.3% GDP) in Q2FY26 from $20.8 billion (2.2% GDP) YoY, aided by lower merchandise trade gap and strong remittances, though sequential rise from Q1’s 0.2% noted

Union government proposes Rs 41,000 crore supplementary demands covering defence, food subsidy, MSME schemes amid revenue buoyancy from GST, corporate tax collections.

Foreign Direct Investment inflows grew 18% YoY to $35.18 billion April-September 2025, more than doubling the equity component driven by services, computer software, and telecom sectors.

Share of term deposits contracted above 7% declined sharply to 54% in September 2025 from 73% in March, reflecting liquidity surplus, rate cut expectations amid CASA growth.

Net GST collections reached Rs 1.5 trillion in November 2025, showing a modest uptick amid festive season sales, steady compliance despite rate rationalisation impacts.

NATIONAL & STATES NEWS

India secured re-election to UNESCO Executive Board for 2025-29 term, reflecting global confidence in its multilateral commitment across education, culture, science, communication, and information mandates

The government launched the IndApp platform, revolutionising MSME operations through a unified digital ecosystem covering procurement, compliance, financing,and market access.

Miscellaneous

Max Verstappen dominated Qatar Grand Prix securing championship lead as Norris-Piastri McLaren duo maintains pressure taking title battle to Abu Dhabi finale.

India finished strong at first World Skills Asia Competition 2025 securing 8th position among participating nations showcasing vocational excellence across 15 skill categories.

United Nations marks International Day for the Abolition of Slavery highlighting modern slavery affecting 50 million people through forced labour, human trafficking, debt bondage – 2nd Dec 2025

ife Insurance Corporation appointed Ramakrishnan Chander as Managing Director strengthening leadership amid market share recovery, digital transformation initiatives.

Uttar Pradesh tops the Semiconductor and Advanced Semiconductor India (SASCI) scheme with 482 projects as of late November, driving national chip manufacturing

AU Small Finance Bank, recently granted RBI in-principle approval for universal bank transition, appointed Bollywood stars Ranbir Kapoor and Rashmika Mandanna as brand ambassadors to boost national presence across urban, metro, and rural markets.

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Current Affairs One-Liner + Detailed PDF | English – 03 Dec 2025