Daily current affairs:November 5, 2025

Long Description : The scheme was launched during the Emerging Science, Technology, and Innovation Conclave 2025 at Bharat Mandapam, New Delhi. With a strong focus on AI, quantum technologies, semiconductors, ocean sciences, and biotech, the government aims to stimulate public-private-partnerships and lift national R&D investment. The target is to achieve a 2% R&D-GDP ratio and enhance India’s global competitiveness while fostering high-value jobs and start-ups in sectors critical for Atmanirbhar Bharat. New policies like ANRF Act, BioE3, and Indian Space Policy will back this transition.

Long Description : State-run MOIL Limited reported record-setting manganese output for October 2025, surpassing all previous monthly figures since its inception. This production milestone supports India’s steel sector and aligns with the national goal of resource security for energy storage. With sustained expansion plans and modernization, MOIL is also upgrading environmental safeguards and contributing to local job creation and infrastructure. The performance highlights strong demand and policy support for minerals crucial to green technologies and self-reliance.

Long Description : Amid ongoing geopolitical tension, the Indian government has started restricting domestic players from utilizing satellites that involve Chinese partnerships or manufacturing. This move comes as part of a broader effort to enhance security for telecom, broadcasting, and strategic sectors, and is expected to spur growth in India’s own satellite and space tech industries. The policy change aims to prevent perceived risks of espionage, cyberattacks, and data leaks, reinforcing India’s independent digital infrastructure.

Long Description : Through targeted interventions such as universal pension coverage, improved healthcare access, subsidized food supplies, and mandatory health insurance, Kerala has removed every household from the state’s extreme poverty list. The state’s welfare model is being recognized nationally and internationally as a blueprint for inclusive development. Officials credit participatory governance and robust monitoring mechanisms for closing the last mile gaps in services—an achievement that supports SDG-1 (No Poverty).

Long Description : Sanjay Garg assumes charge as the chief of BIS, India’s apex quality and standards organization, at a time when product standards, quality certifications, and consumer safety are national priorities. He is expected to prioritize digitalization, innovation in standardization processes, and international harmonization of Indian standards. This move supports India’s goal of becoming a global manufacturing and export powerhouse while protecting domestic consumers through rigorous certifications.

Long Description : The roadmap proposes structural reforms for doubling farmers’ incomes and boosting export potential through digitized supply chains, smart irrigation, high-value crops, and precision agriculture. The document stresses increased investments in agri-infrastructure, insurance cover, and research on climate resilience. Its comprehensive recommendations aim to create an enabling ecosystem for agri-tech start-ups and enhance rural livelihoods.

Long Description : To enhance transparency and reduce concentration risk, the Securities and Exchange Board of India has amended index construction rules: no single bank can now constitute more than a specified share of the Bank Nifty index. This paves the way for a more diversified representation of lenders and better protects retail investors from volatility or sharp movements in a single stock. The changes are part of SEBI’s ongoing efforts to fine-tune India’s capital market infrastructure for retail participation.

Long Description : The collaboration simplifies the process for millions of pensioners, especially senior citizens and the differently-abled, by enabling them to submit life certificates digitally from their homes. The service leverages IPPB’s doorstep banking network and technology stack to eliminate physical visits, reduces delays or benefit suspensions, and increases compliance in pension disbursal. It also supports the government’s vision for digital inclusion of rural and underserved populations.

Long Description : The partnership allows Indian tourists, professionals, and the diaspora in Malaysia to transact directly through UPI—which is now interoperable internationally. It also marks another step to globalizing digital payments made-in-India, reinforcing UPI’s appeal as a low-cost, real-time platform. NIPL and Razorpay’s collaboration is expected to broaden Indian fintech’s reach, support local merchants, and drive best practices in secure digital payments.

Long Description : The Reserve Bank of India clarified that the holiday is not nationwide, and operational status depends on state rules. People planning important financial tasks were advised to confirm with their local branch. Such state-wise closures reflect India’s federal structure and respect religious and cultural observances. Online banking and digital transactions remained unaffected, aligning with the country’s financial digitization drive.

Long Description : Dev Deepawali, observed on Kartik Purnima, is celebrated for its spiritual significance, especially in Varanasi where the ghats are adorned with lamps and religious rituals are performed. The Prime Minister acknowledged the festival’s power to foster unity, peace, and devotion in communities. The government also supported safe, environmentally friendly celebrations in accordance with local customs and guidelines, ensuring tradition aligns with modern public health and environmental practices.

Long Description : Banks have adopted revised norms allowing multiple nominations for account holders, expected to streamline succession and reduce legal disputes. State Bank of India modified its card fee structure, impacting millions of customers. The government also extended the deadline for central government employees to switch between NPS and UPS pension schemes, giving employees added flexibility and choice in retirement planning.

Long Description : This mega-investment spans solar, wind, pumped storage, and green hydrogen. It aligns with India’s renewable energy goals and is projected to create thousands of local jobs. State authorities and Hinduja executives indicated that this infusion will help Andhra Pradesh become a renewable energy hub and support the national drive for clean energy transition.

Long Description : The platform offers mentorship, seed funding, network support, and access to business resources for students. The University’s initiative is expected to accelerate student-led innovations, nurture future entrepreneurs, and bridge the gap between academia and industry. This move places Indian universities on the global map for fostering startup ecosystems.

Long Description : Coste won gold in the 1948 London Olympics for cycling. His passing marks the end of an era for Olympic history and highlights the contributions and stories of past champions whose legacies inspire future generations. The news was acknowledged internationally, reinforcing the cultural and historical significance of global sporting legacies.

Long Description : The report highlights the urgent need for rich nations to ramp up climate finance, as most developing countries struggle to mitigate the growing impacts of climate change. This finance is crucial for disaster risk reduction, strengthening public health, and rebuilding climate-resilient infrastructure. The findings are expected to shape India’s stance and negotiating strategy in global climate talks.

Long Description : The meeting covered several priority areas including cybersecurity, advanced defence systems, joint production, and innovation. The new MoU aims to deepen capacity building, strengthen bilateral ties, and enable mutually beneficial technology exchange. With both nations looking to leverage each other’s strengths in defence and high-tech innovation, the outcomes support India’s, “Make in India” defence strategy and Israel’s expanding partnerships in Asia.