Home » Daily Current Affairs and GK Update – 15.09.2025

Daily Current Affairs and GK Update – 15.09.2025

Financial Services Institutions Board (FSIB) recommends Ravi Ranjan for Managing Director position at State Bank of India

National News

Prime Minister Modi’s Bihar Visit and Major Development Projects

  • Prime Minister Narendra Modi visited poll-bound Bihar’s Purnea district on September 15, 2025, inaugurating development projects worth Rs 36,000 crore

  • Key highlight includes the inauguration of the newly developed terminal at Purnea Airport, fulfilling the region’s long-standing demand for air connectivity

  • Establishment of the National Makhana Board announced in Union Budget 2025 to promote production, technology development, and market expansion for Makhana farmers

  • Foundation stone laid for India’s largest private sector thermal power project – 3×800 MW power plant at Pirpainti in Bhagalpur worth Rs 25,000 crore using ultra-super critical low-emission technology

  • Foundation stone ceremony for Phase 1 of the Kosi-Mechi Intra-State River Link Project worth over Rs 2,680 crore to benefit northeastern Bihar through improved irrigation and flood control

  • New rail connectivity projects launched including Rail Line between Bikramshila and Katareah worth over Rs 2,170 crore and Araria-Galgalia Rail Line worth over Rs 4,410 crore

  • Four new trains flagged off including Vande Bharat Express between Jogbani and Danapur, and Amrit Bharat Express trains between Saharsa-Chheharta and Jogbani-Erode

  • Griha Pravesh ceremonies conducted for over 40,000 PMAY beneficiaries with distribution of Rs 500 crore to women’s self-help groups under DAY-NRLM

Income Tax Return Filing Deadline

  • September 15, 2025 marks the final deadline for filing Income Tax Returns for FY 2024-25 (AY 2025-26) without penalty for non-audit taxpayers

  • Over 6 crore ITRs have already been filed by September 14, showing significant compliance from taxpayers across the country

  • The deadline was previously extended from July 31, 2025 to September 15, 2025 due to structural and content revisions in ITR forms

  • Finance Ministry indicates no further extension likely, urging taxpayers to complete filing immediately to avoid penalties and interest charges

  • Belated returns can be filed until December 31, 2025, but will attract penalties and interest on outstanding taxes

Government Appointments and Administrative Changes

  • C.P. Radhakrishnan sworn in as 15th Vice President of India after winning with 452 votes against opposition candidate B. Sudershan Reddy’s 300 votes

  • Acharya Devvrat, Governor of Gujarat, given additional charge as Maharashtra Governor following Radhakrishnan’s elevation

  • Financial Services Institutions Board (FSIB) recommends Ravi Ranjan for Managing Director position at State Bank of India

  • Multiple senior bureaucratic appointments approved including 35 Joint Secretary-level positions across various central ministries

  • Amit Khare appointed as Secretary to Vice-President of India in a ceremony at Rashtrapati Bhavan

Defence and Security Updates

  • Defence Minister Rajnath Singh inaugurated 16th Combined Commanders’ Conference in Kolkata with theme “Year of Reforms – Transforming for the Future”

  • Indian Navy commissioned second indigenous anti-submarine shallow water craft named ‘Androth’ built by Garden Reach Shipbuilders & Engineers

  • India and Thailand concluded joint military exercise ‘Maitree’ in Meghalaya, strengthening bilateral defence cooperation

  • Union Home Minister Amit Shah launched Fast-Track Immigration Facility at five additional international airports under FTI-TTP program

  • National Conference of Anti-Narcotics Task Force Heads inaugurated by Amit Shah to strengthen drug enforcement mechanisms

Natural Disasters and Weather Updates

  • Earthquake of magnitude 5.8 hit parts of Northeast India, causing concerns but no major damage reported

  • IMD predicts heavy rainfall in Bihar, Jharkhand, Odisha, Chhattisgarh, and Madhya Pradesh over coming days

  • 67 dog bite cases reported in single day from Kalyan and Dombivli towns in Thane district, raising public health concerns

GST Reforms and Economic Measures

  • Major GST reforms under GST 2.0 set to be implemented from September 22, 2025, simplifying tax structure to primarily 5% and 18% slabs

  • Daily essentials like hair oil, shampoo, toothpaste, toilet soap, butter, ghee, cheese moving from 18% to 5% GST

  • Individual health and life insurance made completely exempt from GST, providing significant relief to policyholders

  • Automotive sector benefits with small cars, motorcycles under 350cc, and commercial vehicles moving from 28% to 18% GST

  • Electronic appliances including air conditioners, large televisions, dishwashing machines reduced from 28% to 18% GST

  • New 40% GST slab introduced for sin goods including pan masala, aerated waters, and caffeinated beverages

Banking and Financial Sector Updates

  • Government likely to revisit consolidation among public sector banks to create larger, globally competitive lenders targeting 3-4 major banks

  • NCSSR signs MoU with IIT-Delhi to promote sports science and indigenous innovation in India’s athletic development

  • TCS signs strategic MoU with C-DAC for India’s sovereign cloud development initiative

  • IFC pledged USD 137 million to JBM and GreenCell for e-buses rollout across India under sustainable transport initiative

  • ICRA raised India’s GDP growth forecast to 6.5% for FY26, reflecting positive economic outlook

International News

Nepal Political Crisis

  • Death toll from violent protests in Nepal rises to 61 as political instability continues

  • Former Supreme Court Chief Justice Sushila Karki takes over as interim Prime Minister with mandate to restore law and order

  • India-Nepal border reopened after four-day closure due to violent protests, with limited cross-border movement resuming

  • China congratulates new Nepal PM Karki, emphasizing “time-honoured friendship” between the two nations

Russia-NATO Tensions

  • Romania scrambles fighter jets after Russian drone breaches NATO airspace, marking second such incident in recent weeks

  • Russia deploys Iskander ballistic missiles in Kaliningrad region near Polish border, capable of reaching Warsaw in three minutes

  • Ukrainian drones strike major Russian oil refinery, sparking significant fire and affecting export operations

  • Russia successfully test-fires Zircon hypersonic cruise missile during joint military exercises with Belarus

Middle East Developments

  • Israeli strikes intensify in northern Gaza as US Secretary of State Rubio arrives in Israel for diplomatic discussions

  • Turkey expresses wariness over Israeli threats following airstrike on Hamas leadership in Qatar

  • Continued escalation in Gaza conflict affects regional stability and international diplomatic efforts

China Trade Fair

  • China International Fair for Trade in Services (CIFTIS) concludes in Beijing with over 900 signed agreements

  • Event draws participants from 60+ countries and 20+ international organizations at Shougang Park

  • Fortune Global 500 companies unveil 198 achievements in AI, fintech, healthcare, and green technology sectors

  • Australia, as guest country of honor, secures 15 cooperation agreements with Chinese partners in finance and education

Sports News

Asia Cup Cricket 2025

  • India defeats Pakistan by 7 wickets in Asia Cup 2025 Group A clash in Dubai, chasing down 128-run target in just 15.5 overs

  • Captain Suryakumar Yadav top-scored with unbeaten 47 off 37 balls, leading India to comprehensive victory

  • Unprecedented scenes as Indian players did not shake hands with Pakistani counterparts after the match

  • India dedicates victory to families of Pahalgam terror attack victims and armed forces personnel

  • Pakistan’s qualification hopes severely dented following the crushing defeat to India

Other Sports Updates

  • Jaismine Lamboria clinches gold at World Boxing Championships 2025 in 57kg category, defeating Poland’s Julia Szeremeta

  • Hong Kong Open Badminton finals see Indian shuttlers Lakshya Sen, Satwik-Chirag finish as runners-up

  • India Women’s cricket team scores 281/7 against Australia in first ODI with fifties from Rawal, Mandhana, and Deol

  • Paris Olympic medallist Aman disqualified from World Wrestling Championship for being overweight

International Sports Recognition

  • Major sporting events continue across global venues with Indian athletes making significant mark in international competitions

Awards and Honours

Recent Recognition

  • Emmy Awards 2025 ceremony held with outstanding performances recognized across television categories

  • 15-year-old Owen Cooper becomes youngest artist to win Outstanding Supporting Actor in Limited Series category

  • Cristin Milioti wins Outstanding Lead Actress for ‘The Penguin’ series

  • Various technical and creative categories see recognition for excellence in television production

Government Honours

  • Multiple Padma Awards announcements expected as part of ongoing recognition of distinguished service

  • National awards across various sectors including sports, arts, literature, and public service

Infrastructure and Development

Connectivity Projects

  • Multiple rail and road connectivity projects announced across Bihar and other states

  • Airport infrastructure development continues with new terminals and facilities

  • River linking projects progress with focus on irrigation and flood management

Technology and Innovation

  • Green Hydrogen Mission advances with new R&D proposals and international collaboration

  • Digital infrastructure development continues across various sectors

  • Innovation platforms launched to support technological advancement

Environmental and Health Updates

Health Initiatives

  • Ministry of Ayush joins National ‘Swasth Nari Sashakt Parivar Abhiyaan’ to promote women’s health across India

  • Jan Dhan accounts re-KYC campaign extended until September 30, 2025, with doorstep services at panchayat level

  • Sex-sorted semen facility inaugurated in Purnea under Rashtriya Gokul Mission for cattle development

Environmental Measures

  • Various sustainability initiatives launched across different sectors

  • Green technology adoption continues in transportation and energy sectors

Economic Indicators

Growth Projections

  • India’s economy shows resilience with positive growth indicators across multiple sectors

  • Consumer confidence expected to improve with GST rate reductions on essential items

  • Manufacturing sector likely to benefit from simplified tax structure and reduced compliance burden

Market Developments

  • Stock markets show mixed performance with sector-specific variations

  • Banking sector consolidation plans indicate government’s focus on creating stronger financial institutions

  • Infrastructure investments continue to drive economic growth across region.