Daily current affairs:September 24, 2025

Long Description : On September 22, 2025, Prime Minister Narendra Modi laid the foundation stone and inaugurated various development projects valued over Rs 5,100 crore in the Northeastern states of Arunachal Pradesh and Tripura. In Arunachal Pradesh, two major hydropower projects with a combined capacity of around 240 MW were initiated to harness renewable energy and improve local power supply. These initiatives aim to boost regional infrastructure, economic reforms, and cultural preservation, supporting India's focus on sustainable development in the Northeast.

Long Description : The CAG’s latest report on states' finances revealed that 16 Indian states managed to record revenue surpluses for the financial year 2022-23. This highlights improved fiscal management amid ongoing economic challenges. The report is crucial for policymakers to understand the financial health of states and their ability to sustain public expenditure and development programs. The surplus indicates fiscal discipline and effective resource mobilization by these states.

Long Description : An important memorandum of understanding was signed between India’s Ministry of Defence and Ministry of Culture for the 'Stitched Ship Project' involving the Indian Naval Sailing Vessel (INSV) Kaundinya. The project aims to transform the ship into a symbol of India’s rich cultural legacy while advancing its maritime capabilities. This initiative serves the dual purpose of defense preparedness and heritage preservation, projecting India’s maritime strength in a culturally significant manner.

Long Description : To support tribal empowerment and development, the Ministry of Tribal Affairs collaborated with the United Nations to launch the 'Adi Yuva Fellowship' and 'Adi Karmayogi Volunteers Program'. These initiatives target skill-building, leadership training, and community engagement for tribal youth across India. The programs are designed to integrate tribal communities into mainstream development while preserving their unique cultural identities and traditions.

Long Description : ICAR has introduced 'Maitri 2.0', a new initiative aimed at promoting agricultural innovation by facilitating collaboration between researchers, farmers, and industry stakeholders. This platform will accelerate research-based solutions to improve crop yields, farming efficiency, and sustainability. Maitri 2.0 underscores the government’s focus on strengthening India’s agriculture sector through scientific and technological advancements, addressing challenges like climate change and food security.

Long Description : The Central Pollution Control Board celebrated its 51st Foundation Day, presided over by Union Minister Bhupender Yadav. The event highlighted the CPCB's ongoing efforts towards pollution control, environmental monitoring, and promoting sustainable development practices across India. Emphasis was laid on new initiatives to combat pollution challenges and protect natural ecosystems for future generations.

Long Description : The Reserve Bank of India (RBI) formally cancelled the registration certificate of Datta Finance and Trading Pvt Ltd, a non-banking financial company (NBFC). This action was taken due to the company’s failure to comply with regulatory guidelines, safeguarding public interest and maintaining the integrity of the financial sector. The revocation serves as a precedent reinforcing RBI’s stringent supervisory role over NBFCs.

Long Description : The Bank of Baroda has launched an innovative eRUPI peer-to-peer (P2P) digital gifting facility integrated with its BOB ePay UPI app. This service enables users to send digital gift vouchers directly to beneficiaries without requiring bank account details, enhancing the convenience of gift transfers during festive and social occasions. The move supports India’s vision for a digital economy with secure, contactless transactions.

Long Description : Quant Mutual Fund has unveiled India’s first Socially Inclusive Fund (SIF) utilizing an equity long-short strategy that aims to generate market-linked returns while fostering social equity. The fund focuses on companies with strong ESG (Environmental, Social, Governance) credentials that contribute to inclusive economic development. This innovative fund offers investors options aligned with socially responsible investing trends, promoting sustainable finance in India.

Long Description : The Ministry of Labour and Employment has published the Consumer Price Index for Agricultural and Rural Labourers for August 2025. This index tracks inflation affecting rural wage earners and agricultural workers, providing crucial data for wage policy formulation and social security measures. The index helps in assessing cost of living changes specifically impacting rural populations, which constitute a substantial portion of India’s workforce.

Long Description : Garden Reach Shipbuilders & Engineers Ltd. (GRSE), a premier Indian shipbuilding company, signed a contract valued at $62.44 million with Carsten Render to build four specialized vessels. This order reflects India’s growing maritime manufacturing capabilities and strategic focus on enhancing naval and commercial shipping infrastructure. It will also generate employment and promote indigenous defense production under the Atmanirbhar Bharat initiative.

Long Description : The Indian Lok Sabha approved a significant amendment to the Consumer Protection Act to fortify safeguards against unfair trade practices and consumer exploitation. The bill enhances grievance redressal mechanisms and introduces stricter penalties for violations. This legislative update promotes consumer rights in a rapidly evolving market, ensuring increased accountability for businesses and better protection for buyers.

Long Description : The Indian Army, Navy, and Air Force commenced the ‘Cold Start’ exercise, a large-scale joint military drill focusing on drone and counter-drone operations. This exercise demonstrates India’s preparedness in modern warfare technologies, enhancing coordination among services and testing capabilities to counter emerging aerial threats. It signals India’s commitment to strengthening defense readiness with state-of-the-art technology.

Long Description : IIT Bombay has been entrusted to lead ‘Mission Daksha’, an ambitious Indian space program to develop satellites equipped with highly advanced telescopes. These will enable detailed study of gamma-ray bursts and other cosmic phenomena, advancing India’s capabilities in space science and astronomy. This project positions India as a significant player in global astrophysics research and space exploration.

Long Description : The 71st National Film Awards ceremony honoured iconic actors Mohanlal, Shah Rukh Khan, and Rani Mukerji for their outstanding artistic contributions to Indian cinema in 2023. The awards celebrate excellence across multiple categories, highlighting the rich cultural heritage and evolving landscape of Indian film. These recognitions motivate film professionals and elevate the country's global cultural presence.