PIB NEWS

• The National Social Assistance Programme (NSAP) provides financial support and food security to vulnerable citizens across India, including the elderly, widows, persons with disabilities, and families who lose their primary breadwinner.
• The Pharmacology Laboratory of the All India Institute of Ayurveda (AIIA), New Delhi, has achieved triple ISO certifications from the Bureau of Indian Standards for quality, environment, and occupational health and safety management.
• The India–New Zealand Business Forum, held during Union Minister Shri Piyush Goyal’s historic visit to New Zealand with the largest-ever Indian business delegation, showcased deepening bilateral economic relations and highlighted opportunities across diverse sectors.
• The Telecommunication Engineering Centre (TEC), the technical arm of the Department of Telecommunications, Government of India, has signed a Memorandum of Understanding (MoU) with Indian Institute of Technology Bombay (IIT Bombay) to jointly work on advanced telecom research, development, and global standardisation efforts.
• The Reserve Bank of India (RBI) has introduced new nomination rules for bank accounts, lockers, and safe custody items to take effect from November 1, 2025, improving transparency, faster access for heirs, and uniformity across banks.
• The Reserve Bank of India (RBI) kept the policy repo rate unchanged at 6.5%, maintaining its gradual economic growth outlook while focusing on inflation control and financial stability.

INDUSTRY NEWS

• Bharat Heavy Electricals Ltd (BHEL) has secured a ₹6,650 crore contract from NTPC Ltd to set up an 800 MW unit at the Darlipali Supercritical Thermal Power Project Stage-II in Odisha.
• Adani Group’s $1.2 billion Kutch copper smelter has signed an MoU to source up to 71,000 tonnes per year of copper concentrate from Caravel Minerals’ Australian copper project.
• India’s Infrastructure Investment Trust (InvIT) market is projected to grow threefold to Rs 21 lakh crore by 2030, driven by infrastructure financing needs and government support.
• India’s growing solar power sector could generate a ₹3,700 crore market for recycling solar panels and components by 2047, highlighting sustainability and circular economy opportunities.

FINANCIAL NEWS

• PRADAN has enabled 5 lakh rural households to achieve annual incomes exceeding ₹1 lakh in the financial year 2024-25, promoting women-led farmer producer organisations (FPOs) and sustainable livelihoods.
• India targets raising female labour force participation rate (LFPR) from current levels to 55% by 2030 through policy focus on education, skilling, and inclusive employment.
• A recent study estimates that transitioning to a low-carbon future will cost approximately 0.6% of average GDP annually for nine emerging economies, reflecting the economic investment needed for climate goals.
• State Bank of India (SBI) plans to launch an IPO for its fund management arm, SBI Funds Management, aiming to divest a 6.3% stake in the company to enhance liquidity and market presence.

NATIONAL & STATES NEWS

• The Karnataka government has approved a ₹518 crore Start-Up Policy for 2025–2030 aimed at creating 25,000 new startups, including 10,000 outside Bengaluru, to strengthen the state’s innovation ecosystem.
• The Uttar Pradesh government will distribute free pulses and oilseeds minikits to nearly one million farmers during the 2025-26 rabi season to boost crop diversification and farmer income.
• The 17th India Game Developer Conference (IGDC) opened in Chennai with the Tamil Nadu government signing multiple Memorandums of Understanding (MoUs) to boost the gaming and esports ecosystem.

IMPORTANT DAYS & THEMES

• National Cancer Awareness Day in India is observed annually on 7th November to raise awareness about cancer prevention, early detection, and treatment options among the public.

AWARDS & HONOURS

• A young professor specializing in materials engineering at Goa’s college has won the Yuva Scientist Award for outstanding research contributions to sustainable materials science.

RANKING & REPORTS

• The United Nations Environment Programme’s latest report reveals global greenhouse gas emissions reached a record high in 2024, with India recording the largest increase among major emitters.
• Billionaire philanthropist Shiv Nadar has topped the EdelGive Hurun India Philanthropy List 2025 for his significant charitable contributions in education, health, and social welfare.

OBITUARIES

• Sulakshana Pandit was a celebrated Indian playback singer and actress, known for her melodious voice and acting performances, who later left the film industry to focus on personal pursuits.

SCIENCE & TECHNOLOGY

• Google’s Project Suncatcher is an ambitious research initiative to build solar-powered AI data centres in low Earth orbit using interconnected satellites equipped with Tensor Processing Units (TPUs), aiming to revolutionize AI computing with near-continuous solar energy and high-speed free-space optical communication.

RANKING & REPORTS

• The United Nations Environment Programme’s latest report reveals global greenhouse gas emissions reached a record high in 2024, with India recording the largest increase among major emitters.
• Billionaire philanthropist Shiv Nadar has topped the EdelGive Hurun India Philanthropy List 2025 for his significant charitable contributions in education, health, and social welfare.

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