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Daily Current Affairs – 06.11.2025

Daily Current Affairs 06 November 2025

1. Banking & Financial Sector

  • Bank holiday alert: Banks in select Indian states are closed on 06.11.2025 due to two major events – the first phase of the Bihar State Legislative Assembly Elections 2025 and the Nongkrem Dance Festival in Meghalaya. The Reserve Bank of India issues state‐wise bank holiday lists to inform customers about service availability.

  • UPI milestone: The value of UPI transactions reached a record high of ₹27.28 lakh crore in October 2025 — a key indicator for digital payments growth and the financial inclusion drive.

  • Stake sale postponement: One major public sector bank has paused its plan to sell its majority stake in Nainital Bank Limited; this move reflects regulatory caution and strategic review in banking M&A and divestment activity.

2. National News & Governance

  • Governance/Corporate governance: The iconic Tata Group is facing an internal boardroom dispute following the removal of a key director of the trust that holds controlling interest in the group’s holding company. The matter has drawn ministerial attention and raises questions about governance in family-run conglomerates while regulators push for stronger transparency frameworks.

  • Major diplomacy: External Affairs Minister S. Jaishankar is scheduled to visit Moscow in the third week of November to prepare for the 23rd India-Russia Annual Summit (4–6 December). The visit underscores India’s strategic partnership with Russia and agenda for bilateral cooperation in energy, defence and trade.

  • Infrastructure and transport: The Indian Road Congress (IRC) conference begins on 06.11.2025 in Bhubaneswar, bringing together policy makers, engineers and infrastructure stakeholders to discuss road development, maintenance and future challenges in India’s transport sector.

  • Electoral vigilance: Former Congress leader Rahul Gandhi alleged that around 25 lakh fake voter entries were registered in the Haryana assembly polls and accused the Election Commission of India of collusion. The EC dismissed the claim, saying no objections were filed earlier — an issue pertinent for electoral reforms and governance.

  • Education & youth politics: Voting for the Jawaharlal Nehru University Students’ Union (JNUSU) elections has concluded and results are due on 06.11.2025. Student democracy remains a core indicator of campus politics and youth engagement.

3. International Affairs

  • Diplomacy & strategic dialogues: India and Russia are finalising arrangements ahead of their December summit, signalling commitments on energy, defence and global cooperation.

  • Global cooperative movement: India’s cooperative sector, led by entities such as GCMMF (Amul) and IFFCO, has been ranked among the top globally — highlighting India’s growing influence in global agrarian and cooperative frameworks.

  • Tech & innovation front: Worldwide, countries continue to focus on science- and technology-led partnerships, with India expanding its reach and alliances to bolster research, development and innovation ecosystems.

4. Infrastructure & Economy

  • Transport infrastructure focus: The IRC conference underlines India’s push to upgrade road networks, adopt new technologies (e.g., smart roads, IoT sensors) and enhance maintenance to support the logistics and goods movement sectors.

  • Investment climate and reforms: The internal issues in large conglomerates and the state-led infrastructure agenda both point toward an evolving corporate governance and regulatory environment in India. For banking and exam students, tracking these reforms is essential.

5. Sports & Culture

  • Cricket milestone: The 2025 ICC Women’s Cricket World Cup Final saw India defeat South Africa by 52 runs to win its maiden women’s World Cup title — a landmark national achievement that adds to India’s historic sports legacy.

  • Festivals & regional culture: The Nongkrem Dance Festival in Meghalaya is one of India’s lesser-known yet culturally rich traditional events, and the bank holiday associated with it highlights how regional cultural calendars impact economic and institutional schedules.

6. Quick Equations for Exam-Ready Prep

  • UPI Transaction Value (Oct 2025): ₹27.28 lakh crore – landmark for digital payments.

  • Banks holiday due to elections & festival on 06.11.2025 in some states – note for bank-exam schedules.

  • Tata Group governance dispute – a key case study for corporate governance, trusts & family business in India.

  • India-Russia Summit (4–6 December) – mark foreign policy timeline.

  • JNUSU results to be declared 06.11.2025 – youth politics headline.

  • Women’s World Cup win – major sports GK event for India.