Banking & Insurance Current Affairs One-liners — Last 12 months

Wed, 29 Oct 2025

• POWERGRID and the Nepal Electricity Authority signed agreements in New Delhi on 29 October 2025 to build the Inaruwa-New Purnea and Lamki (Dododhara)-Bareilly 400 kV cross-border transmission systems.
• Prime Minister Narendra Modi spoke to Japanese Prime Minister Sanae Takaichi on 29 October 2025 to congratulate her on taking office and discuss the India-Japan partnership.

Tue, 28 Oct 2025

• The Union Cabinet approved the Terms of Reference of the 8th Central Pay Commission on 28 October 2025; the Commission, headed by Justice Ranjana Prakash Desai, must report within 18 months.
• The Index of Industrial Production grew 4.0% year-on-year in September 2025, driven by 4.8% growth in manufacturing, according to the quick estimate released on 28 October 2025.
• NITI Aayog CEO B.V.R. Subrahmanyam on 28 October 2025 launched two reports on India's services sector, covering GVA trends and employment trends with state-level dynamics.
• The Union Cabinet on 28 October 2025 approved Nutrient Based Subsidy rates on phosphatic and potassic fertilisers for Rabi 2025-26, with a tentative outlay of about ₹37,952.29 crore.

Mon, 27 Oct 2025

• TRAI data released on 27 October 2025 show India's total telephone subscribers rose to 1,228.94 million at the end of September 2025, with overall tele-density at 86.65%.

Sun, 26 Oct 2025

• The Government of India announced the Rashtriya Vigyan Puraskar 2025 on 26 October 2025, with the Vigyan Ratna conferred posthumously on physicist Prof. Jayant Vishnu Narlikar.
• Prime Minister Narendra Modi took part virtually in the 22nd ASEAN-India Summit in Kuala Lumpur on 26 October 2025 and declared 2026 the 'ASEAN-India Year of Maritime Cooperation'.
• The Indian Navy said on 26 October 2025 that INS Sutlej has completed a joint hydrographic survey with the Mauritius Hydrographic Service covering about 35,000 square nautical miles.
• In the 127th episode of Mann Ki Baat on 26 October 2025, PM Narendra Modi highlighted Ambikapur's garbage cafes, Gujarat's Dholera mangroves, Koraput coffee and the coming 150th year of 'Vande Mataram'.

Sat, 25 Oct 2025

• Cabinet Secretary Dr. T. V. Somanathan chaired the National Crisis Management Committee (NCMC) on 25 October 2025 to review preparedness for a cyclone forming over the Bay of Bengal.
• The Anusandhan National Research Foundation, with ICMR and the Gates Foundation, launched the Maha MedTech Mission to fund home-grown medical technology.
• A PIB backgrounder on 25 October 2025 said Naxal-affected districts fell from 126 in 2014 to 18 in 2024, with the government aiming to make India Naxal-free by March 2026.
• The Ministry of Mines recognised IISc Bangalore and C-MET Hyderabad as Centres of Excellence under the National Critical Mineral Mission, taking the total to nine.
• HLL Lifecare Limited, a Mini-Ratna CPSE under the Health Ministry, paid a dividend of ₹69.53 crore to the Government of India for 2024–25.

Fri, 24 Oct 2025

• The Government approved extending the LC75 and Balanced Life Cycle (BLC) investment options to Central Government employees under both the National Pension System and the Unified Pension Scheme.
• The Commerce Department announced on 24 October 2025 that the Bharat International Rice Conference (BIRC) 2025 will be held at Bharat Mandapam, New Delhi, on 30–31 October.
• The Ministry of Mines outlined the ₹1,500 crore incentive scheme, part of the National Critical Mineral Mission, to boost recovery of critical minerals from e-waste, spent batteries and scrap.

Thu, 23 Oct 2025

• The Defence Acquisition Council, chaired by Defence Minister Rajnath Singh, approved capability proposals worth about ₹79,000 crore for the Army, Navy and Air Force on 23 October 2025.
• MeitY notified amendments to Rule 3(1)(d) of the IT Rules, 2021, requiring takedown notices to come from officers of at least Joint Secretary rank (or DIG for police) and a monthly review by a Secretary-level officer.
• The Finance Ministry notified that nomination provisions of the Banking Laws (Amendment) Act, 2025, allowing up to four nominees for bank deposits, safe custody articles and lockers, take effect from 1 November 2025.
• India marked International Snow Leopard Day on 23 October 2025 with a '#23for23' campaign; Environment Minister Bhupender Yadav said the first-ever census recorded 718 snow leopards, 477 of them in Ladakh.
• The Election Commission of India's two-day conference of state Chief Electoral Officers on preparing for the Special Intensive Revision of electoral rolls ended at IIIDEM, New Delhi, on 23 October 2025.
• Defence Minister Rajnath Singh released the Defence Procurement Manual (DPM) 2025 in New Delhi on 23 October 2025; it governs about ₹1 lakh crore of revenue procurement from 1 November 2025.

Wed, 22 Oct 2025

• India moved up to 9th place globally in total forest area, from 10th, and kept 3rd place in annual forest area gain, according to the FAO's Global Forest Resources Assessment (GFRA) 2025 released in Bali (PIB, 22 October 2025).
• Commerce and Industry Minister Piyush Goyal led India's delegation and delivered the national statement at the 16th session of the United Nations Conference on Trade and Development (UNCTAD XVI) in Geneva, as reported by PIB on 22 October 2025.
• A PIB backgrounder of 22 October 2025 says IIT Madras is developing India's first 7 nanometre processor under its SHAKTI initiative, as announced by Union Minister Ashwini Vaishnaw on 18 October 2025.
• INS Sahyadri took part in the sea phase of the Japan India Maritime Exercise (JAIMEX-25) from 16 to 18 October 2025 and reached Yokosuka, Japan, on 21 October 2025 for the harbour phase.
• The Department of Food and Public Distribution warned on 22 October 2025 that edible oil units not registering or filing monthly returns under the amended Vegetable Oil Products, Production and Availability (Regulation) Order face penal action.