Daily current affairs: 1 December 2025
PM’s remarks as Winter Session 2025 begins
Short Description : Prime Minister Narendra Modi, addressing media before the Winter Session of Parliament 2025, said the session should accelerate efforts toward a “developed India”, stressing that India has shown that democracy can deliver both political stability and rapid economic growth.
EC extends SIR deadline for electoral rolls
Short Description : The Election Commission extended the deadline for the Special Intensive Revision (SIR) of electoral rolls in 12 States/UTs, shifting the enumeration cut‑off to 11 December and final roll publication to 14 February 2026, to give officials more time and improve transparency.
Cyclone Ditwah impact on Tamil Nadu and Sri Lanka
Short Description : Cyclonic storm Ditwah brought extremely heavy rain, strong winds and flooding to Sri Lanka and southern India, especially Tamil Nadu, causing deaths, crop damage and disruption, with IMD issuing red alerts and fishermen warnings up to 1 December 2025.
DGCA: Software upgrade completed on most A320 aircraft
Short Description : DGCA reported that mandatory software upgrades linked to a flight‑control module issue in Airbus A320 family aircraft have been completed on 323 of 338 affected planes in India, allowing most flights to resume normal operations with enhanced safety.
India’s GDP growth at 8.2% in Q2 FY26
Short Description : Official data show India’s real GDP grew around 8.2% in the second quarter of FY26, far above RBI’s earlier 7% projection, with manufacturing and services leading, though experts caution that growth may moderate in the second half amid global headwinds.
Rupee pressure despite strong growth
Short Description : Despite strong GDP data, the rupee tested around 89.8 per US dollar amid stalled US trade talks and continued tariff uncertainty, with markets worried that robust growth may delay rate cuts and keep financial conditions tighter.
India pushes for EU trade deal amid US tariff strain
Short Description : Facing pressure on exports from steep US tariffs and a delayed US trade deal, India is fast‑tracking talks on an India–EU trade agreement, with key EU negotiators expected in New Delhi and legal teams asked to avoid leave to meet a year‑end target.
RBI data: High‑rate term deposits decline after policy cuts
Short Description : RBI data show the share of term deposits carrying interest above 7% fell sharply from about 73% in March 2025 to around 54% in September 2025, reflecting transmission of recent repo and CRR cuts into deposit rates across banks.
RBI: Complaints rising in private banks, falling in PSBs
Short Description : RBI’s latest ombudsman data indicate that the share of complaints against public sector banks fell in FY25, while complaints against private banks rose to about 37.5%, even as total complaints to RBI neared 3 lakh.
Retail credit growth at 18% in Q2 FY26
Short Description : A CRIF report shows India’s retail lending grew around 18% year‑on‑year in Q2 FY26, driven by strong demand for gold and auto loans and recovery in other segments, pointing to continued household credit expansion.
DRDO Industry Outreach Programme in New Delhi
Short Description : DRDO organised an Industry Outreach Programme in New Delhi to strengthen collaboration with private industry on defence R&D, technology transfer and indigenisation in line with “Aatmanirbhar Bharat” in defence manufacturing.pib
Kashi–Tamil Sangamam 4.0 announcement
Short Description : Education Minister Dharmendra Pradhan and Uttar Pradesh Chief Minister Yogi Adityanath are scheduled to jointly inaugurate Kashi–Tamil Sangamam 4.0 in Varanasi, continuing a cultural initiative to deepen civilisational links between North and South India.
White Paper on India’s creative economy
Short Description : A White Paper on policy reforms for India’s media and entertainment sector was unveiled at a CII event, giving a roadmap to grow the creative economy, which supports over 1 crore livelihoods yet holds only about 2% of the global M&E market.pib+1
Pension Digital Life Certificate Campaign 4.0 milestones
Short Description : The government’s Digital Life Certificate Campaign 4.0 for pensioners has generated about 1.54 crore Digital Life Certificates, showing rapid adoption of Aadhaar‑based and face‑authentication technologies to ease pension verification.
Air Marshal Yalla Umesh takes over IAF Maintenance Command
Short Description : Air Marshal Yalla Umesh assumed charge of the Indian Air Force’s Maintenance Command, which is responsible for repair, overhaul and maintenance support to IAF platforms, strengthening the leadership structure of the force.
Proposed reforms for weights and measures law
Short Description : A working group under the High‑Level Committee on National Framework for Responsible Regulation has proposed allowing the use of customary units of weights and measures, alongside standard metric units, in certain contexts, as part of a broader reform agenda.
Bank holidays on 1 December 2025 (select States)
Short Description : As per RBI’s notified calendar, banks in Arunachal Pradesh and Nagaland are closed on 1 December 2025 for State Inauguration Day and Indigenous Faith Day respectively; in other States, banks function normally.