🔹 National Economic & Banking Developments
Reserve Bank of India (RBI) on December 5 cut its key repo rate by 25 basis points to 5.25%, aiming to boost banking-sector liquidity and support economic growth. This move has paved the way for potential further rate cuts, given the prevailing low inflation.
Bank of India (Bank-INDIA) has announced plans to issue Basel III-compliant Tier II bonds worth ₹25,000 crore (with a greenshoe option of ₹15,000 crore) via a 10-year bond issue, beginning December 10. The issue will include a call option after five years.
The domestic currency, the rupee, weakened to around ₹90.07 per US dollar, pressured by slipping equity markets and cautious investor sentiment.
According to a Reuters poll, consumer inflation in India likely rose in November 2025 (estimated ~0.70%) due to seasonal increases in food prices; yet inflation remains near historically low levels and within RBI’s target. Core inflation held steady, while wholesale price index continued to trend down.
Despite global headwinds, India’s economy remains robust: GDP grew by 8.2% in the July–September quarter. The government projects full-year growth of at least 7%, supported by resilient domestic consumption, low inflation, and recent fiscal and monetary measures.
Implication for banking & competitive exams: The rate cut, bond issuance, rupee movement, and inflation outlook are highly relevant for questions on monetary policy, banking instruments, and economic indicators.
🔹 Major Domestic Events & Government Initiatives
A large employment fair, Kashi Sansad Rozgar Mahakumbh 2025, scheduled December 9–10 in Varanasi, has attracted over 20,000 registrants, with more than 250 companies — including major banks, manufacturing, IT, and service-sector firms. The event offers also overseas employment opportunities with firms from Gulf countries participating.
In Hyderabad, preparations are underway for the Telangana Rising‑2047 Global Summit (December 8–9), where the state’s long-term economic vision document will be unveiled. The summit aims to position Telangana as a growth hub, with detailed focus on sectors such as industry, tourism, education, and sustainable development.
In Rajasthan, the government is set to launch projects worth ₹1 lakh crore during the upcoming Pravasi Rajasthani Divas 2025. The projects span multiple sectors — energy, agriculture, tourism, skilling, healthcare, and mining — backed by 421 MoUs. As many as 13 new policies to promote industrial growth and sustainable development will be unveiled.
Implication for exams: Such initiatives highlight government focus areas, investment trends, and employment opportunities — key for static and current affairs sections.
🔹 International Developments & Global Economy
The global conflict between Russia and Ukraine continues. On Day 1,384 of the war, recent events include sanctions against Russian “shadow-fleet” vessels and renewed international concern over energy security and sanctions compliance.
The upcoming policy decision by the Federal Reserve (Fed) of the United States is keeping global markets on edge. Some analysts expect a rate cut, while dissent within the Fed signals uncertainty — such movements often impact global capital flows, forex markets, and emerging economies like India.
EU actions like the impending carbon tax are expected to affect international trade flows. Notably, Indian steel exports to Europe may decline as carbon-tax-related compliance costs increase.
Implication for students: These developments are relevant for questions on global economics, energy policy, trade, and their ripple effects on Indian macroeconomy.
🔹 Historical Significance & Observances
December 9 is observed globally as International Anti‑Corruption Day. This day underscores the importance of transparency and ethical governance — key themes for aspirants preparing for exams that test understanding of civic values and global governance.
Also on this day in history, numerous landmark global political and cultural events occurred — making it a rich reference for historical-context questions often present in general awareness sections.
🔹 Sports & Other Highlights
An important international sports event, the 2025 Southeast Asian Games, opens on December 9 in Thailand, with participation from 11 nations across numerous sports disciplines. This event underscores regional sports cooperation and global sporting calendars — useful for sports-related current affairs questions.
On the domestic front, sectors like aviation are facing disruptions; some airlines are witnessing regulatory scrutiny and restructuring — signaling potential questions around industry challenges, regulations, and their economic impact.
