Daily current affairs:September 15, 2025

Long Description : Prime Minister Narendra Modi launched and laid foundation stones for a slew of development projects across Mizoram, Manipur, Assam, West Bengal, and Bihar, collectively valued at over ₹71,000 crore. These projects cover sectors like railways, roadways, power, health, and education, aiming to boost connectivity, industrial progress, and inclusive regional development. This move reinforces the government's commitment to balanced national growth and economic upliftment in traditionally underserved regions.

Long Description : Union Home Minister Amit Shah announced the operationalization of FTI-TTP at Lucknow, Thiruvananthapuram, Kozhikode, Tiruchirappalli, and Amritsar airports. The scheme now covers 13 major airports, providing expedited immigration clearance to vetted travelers and reducing wait times. The expansion marks India's increasing adoption of global best practices in border management, aiming to enhance traveler convenience, trade, and tourism.

Long Description : ICRA projected a 6.5% GDP growth for India in FY2026, driven by robust domestic demand, government infrastructure spending, and stabilizing inflation rates. The agency noted monetary policy remained supportive and macroeconomic factors like employment and sectoral output continue to improve. The revised forecast boosts market expectations, signaling economic resilience despite global uncertainties.

Long Description : National Forest Martyrs Day, annually observed on September 11, recognized brave forest personnel who lost their lives safeguarding India's forests and biodiversity. Commemorative events were held across the country to highlight challenges of conservation and raise awareness among citizens. The day served as a call to strengthen policies for forest protection and environmental sustainability.

Long Description : The Indian Armed Forces launched ‘Samudra Pradakshina’, its first tri-service all-women circumnavigation mission, flagged off by Union Defence Minister. The historic expedition began in Mumbai and involves teams from Army, Navy, and Air Force, reflecting progress towards gender equality in the forces. The mission focuses on leadership, endurance, and international maritime cooperation, inspiring more women to join the defense establishment.

Long Description : Major Indian banks have scaled back CD issuances over the last months, in response to higher deposit inflows that surpassed loan disbursement rates. Mutual funds are now turning to treasury bills and commercial papers for investing short-term funds. The trend signals improved liquidity within the banking sector and a stronger focus on alternate investment instruments, influencing money market operations.

Long Description : The government reduced GST on several goods, effective September 22, to mitigate potential economic risks from recently imposed 50% tariffs on Indian exports by the US. The move aims to boost consumer spending and reduce inflation. According to experts, the policy creates scope for further easing of monetary policy, supporting economic recovery amid global trade challenges.

Long Description : The Department of Financial Services held PSB Manthan 2025 in Gurugram, gathering senior PSU bank officials, regulators, and experts to devise strategies for "Viksit Bharat 2047". Discussions centered on digital banking, financial inclusion, and sectoral challenges. The meet underlined the critical role of public sector banks in India’s economic roadmap and national development goals.

Long Description : With market response exceeding expectations, the Ministry of Commerce and Industry extended the PLI scheme for white goods. Companies can now apply until October 14 to avail incentives for investments in air conditioners and LED lighting manufacturing. The scheme seeks to increase domestic production, reduce imports, and create jobs, supporting Atmanirbhar Bharat objectives. The reopening reflects government flexibility in policy implementation.

Long Description : India's Supreme Court laid out detailed protocols for the collection, storage, and presentation of DNA evidence in criminal trials. These guidelines align Indian forensic practices with global norms and seek to prevent misuse, ensure due process, and protect individual rights. The decision is expected to strengthen the country's criminal justice system and increase public trust in forensic science applications.

Long Description : C.P. Radhakrishnan took oath as Vice President in a ceremony attended by top government officials and dignitaries. His term begins with a renewed focus on parliamentary leadership and upholding constitutional values. Radhakrishnan's experience in legislative affairs is expected to contribute to consensus-building in Rajya Sabha, at a time of major national policy debates.

Long Description : President of India allocated additional governor duties for Maharashtra to Acharya Devvrat, the sitting governor of Gujarat, in view of a vacancy. This interim arrangement ensures continuity and smooth functioning of constitutional offices in the state. Such cross-state appointments are not uncommon and ensure governance stability.

Long Description : Trading closed with the Nifty Bank Index at 54,887.85, up 0.14%. The sector outperformed broader market indices, driven by expectations of strong quarterly results and an optimistic outlook for bank earnings. Analysts see the performance as evidence of sector resilience, supported by regulatory reforms and improving asset quality.

Long Description : On September 12, India observed the International Day for South-South Cooperation, underscoring its leadership in facilitating technical, educational, and economic collaboration among developing countries. Outreach was marked by diplomatic events and the signing of new MoUs. The occasion showcased India’s commitment to global sustainable development and equity.

Long Description : Researchers identified a unique gecko species in Assam, christening it “Cyrtodactylus Vanarakshaka” in tribute to the state's forest department’s conservation work. The discovery highlights India’s biodiversity and scientific progress, and raises awareness about the importance of documenting and preserving lesser-known species across rich ecosystems like the northeastern forests.