Daily News Brief - Oct 7, 2025

Long Description : At Vigyan Bhawan, New Delhi, PM Modi announced the PM Skill Enhancement and Technical Upgradation (SETU) scheme with plans to upgrade 1,000 ITIs across the country. The scheme aims to prepare over 2 million youths for emerging sectors such as AI, automation, and robotics. It features cluster-based skill hubs, smart labs, and strong industry partnerships, focusing on employability and global workforce demands. The transformation includes infrastructure revamps, new curricula, and digital learning tools.

Long Description : Union Home Minister Amit Shah approved multi-state projects funded by the National Disaster Mitigation Fund across Assam, Kerala, Madhya Pradesh, Odisha, Rajasthan, Uttar Pradesh, Bihar, Chhattisgarh, and Andhra Pradesh. These include restoration of wetlands, flood mitigation in Assam and Guwahati, and urban flood management in 11 cities. The projects will strengthen infrastructure against natural calamities and raise the nation’s overall disaster preparedness.

Long Description : The Border Roads Organisation under Project Himank completed the Mig La–Fukche road at 19,400 ft, breaking its previous record at Umling La. This engineering marvel supports strategic troop movement near the Line of Actual Control and boosts local connectivity. The new route offers improved access for remote villages, potential for adventure tourism, and plays a vital role in border defense readiness.

Long Description : Regulatory scrutiny revealed non-adherence to PSL targets, prompting the RBI to fine the bank as a corrective action. While no transactions are invalidated, the move acts as a warning to all Scheduled Commercial Banks regarding compliance under RBI’s lending mandates, emphasizing the central bank’s focus on inclusive credit growth crucial for agriculture, small business, and rural sectors.

Long Description : The new tie-up expands the digital payments landscape, allowing seamless EMI payments through multiple digital channels like mobile banking, internet banking, and over 700 partner apps. The move underlines India’s growing digital infrastructure for personal finance and strengthens the loan repayment ecosystem, supporting RBI’s push for a cashless economy.

Long Description : The slowdown in credit to the industrial sector, as per RBI’s sectoral data, reflects subdued investment and capacity utilization sometimes linked to global economic uncertainties and domestic market volatility. Annual non-food bank credit growth also decreased, with agriculture credit increasing at a slower rate, signaling a cautious environment for lending institutions, policymakers, and investors.

Long Description : Data released by RBI reveals a significant dip in outward remittances, with total transactions for April–July down 28% compared to 2024. Most decline is attributed to reduced spending on international travel and overseas education. The scheme, which allows Indian residents to remit up to $250,000 per financial year for permissible transactions, reflected shifting consumer behavior, possibly influenced by currency volatility, regulatory changes, or economic trends.

Long Description : Data released by RBI reveals a significant dip in outward remittances, with total transactions for April–July down 28% compared to 2024. Most decline is attributed to reduced spending on international travel and overseas education. The scheme, which allows Indian residents to remit up to $250,000 per financial year for permissible transactions, reflected shifting consumer behavior, possibly influenced by currency volatility, regulatory changes, or economic trends.

Long Description : Located at Maharshi Shankarrao Kolhe Sahakari Sakhar Karkhana in Ahilyanagar, the plant produces 12 tonnes of CBG and 75 tonnes of potash daily, converting sugar by-products into green energy and fertilizer. The ₹55 crore project will be a model for supporting sustainable farming and energy security, involving 100% government procurement of pulses under MSP and integrating primary cooperative societies to raise farmers’ incomes.

Long Description : Designed and developed by Goa Shipyard Limited with over 60% indigenous components, ‘Akshar’ boasts advanced navigation systems and weaponry for maritime surveillance and law enforcement. Operating under the Coast Guard Region (East), it signifies enhanced capability for rapid response, border security, and clean seas under the ‘Make in India’ initiative.

Long Description : The event from September 27 to October 5 at Jawaharlal Nehru Stadium, New Delhi, featured over 1,100 athletes from 100 nations. India finished 10th globally, breaking three championship and seven Asian records. The tournament accentuated India’s leadership in para-sports, inclusivity, and international sports organization.

Long Description : Shimon Sakaguchi, Mary E. Brunkow, and Fred Ramsdell received recognition for groundbreaking discoveries related to regulatory T cells (Tregs) and the FOXP3 gene, which prevent the immune system from targeting the body’s own tissues. Their research has revolutionized treatment possibilities for autoimmune diseases and organ transplants, reshaping modern immunology’s therapeutic horizon.

Long Description : The day is dedicated to acknowledging the pivotal role of teachers in shaping and educating future generations, emphasizing collective strength and cross-school collaboration. UNESCO, UNICEF, and the ILO jointly convened global events reinforcing the theme and promoting better working conditions for educators. In India, Teachers’ Day is celebrated on September 5 in memory of Dr. Sarvepalli Radhakrishnan.

Long Description : Established in 2012 to celebrate achievements and foster accessible, inclusive communities, the 2025 theme “Unique and United” highlights individuality and unity among persons with CP. The campaign focuses on overcoming barriers in society, health, and education. Events urge policy reforms and research investments to address the needs of around 18 million people diagnosed with CP worldwide.