Home » Daily Current Affairs & GK Update – 23.09.2025

Daily Current Affairs & GK Update – 23.09.2025

Daily Current Affairs and GK Update - 23.09.2025

1. National News

  1. Borrowing Plan & Fiscal Deficit

    • The Government of India has decided to keep its market borrowing plan unchanged for the second half of FY26 (October 2025 to March 2026).

    • Total borrowings for FY26 are set at ₹14.82 lakh crore, with ₹6.8 lakh crore earmarked for H2.

    • Fiscal deficit target remains at 4.4% of GDP.

    • Retail inflation in August 2025 stood at approx 2.07%, expected to remain subdued due to reliefs on food and household goods.

  2. Platform for Global Skilled Worker Mobility

    • Government is developing a platform to track and enable overseas mobility of Indian skilled professionals.

    • The idea: Mutual Recognition Agreements (MRAs) with other countries to validate and accept qualifications, skills, and certifications.

    • Expected to improve ease of working abroad and contribute to remittances and global engagement.

  3. Temple & Heritage Infrastructure Inauguration

    • Prime Minister visited Mata Tripura Sundari temple in Udaipur, Tripura; inaugurated beautification and infrastructure development works.

    • This aligns with India’s push for heritage tourism and pilgrimage circuits.

  4. Projects & Green Policies

    • GST changes announced that are expected to increase India’s GDP by a significant amount (several lakh crore).

    • Emphasis on consumption sectors as lowering slabs to 5% / 18% from older regime boosting demand for goods like TVs, ACs, etc.

    • Greywater reuse policies highlighted by Ministry of Jal Shakti: potential savings in water usage by 30-40%.

  5. Cultural Diplomacy & Exhibitions

    • India to carry Lord Buddha’s sacred relics for exhibition in Kalmykia, Russia (24 Sep–1 Oct), led by Uttar Pradesh Deputy CM.

    • Significance in strengthening Indo-Russia relations, promoting peace, cultural heritage.

  6. RSS Centenary Events

    • RSS to celebrate 100 years across India; over 1.03 lakh gatherings from 2 October 2025.

    • Inaugural ceremony in Nagpur with former President R. N. Kovind as chief guest.

    • Path Sanchalan (route march) to be held on 27 September (instead of the earlier usual date of Vijayadashami).


2. International Relations & Global Affairs

  1. India-US Relations

    • On the sidelines of the UN General Assembly, India’s External Affairs Minister & US Secretary of State emphasized sustained engagement despite recent tensions.

    • Issues including visa fee hikes (H-1B), US tariffs over oil imports and trade disputes were discussed.

    • Both sides signaled bilateral cooperation remains “one of the most important global partnerships”.

  2. Global Peace Messaging

    • International Peace Day themes (non-violence, global harmony) have been reaffirmed by global leaders including UN Secretary-General.

    • India’s efforts via international exhibitions and cultural outreach tie into global peace diplomacy.


3. Economy & Policy

  1. GST Reforms & Market Reactions

    • Simplification of GST slabs, especially lower rates on many consumer goods, is aimed to stimulate consumption.

    • Expectation of ripple effects across manufacturing, retail, and consumer durables sectors.

  2. Digital Publishers Seek Equalisation Levy

    • Digital content publishers have urged the Indian government to reinstate the equalisation levy, arguing that its removal has skewed fairness in the digital content/advertising ecosystem.

  3. Urban Services Funding

    • India has signed a loan pact of USD 125 million with Asian Development Bank (ADB) for boosting urban services in Assam.

    • Will include governance reforms, capacity‐building, improved infrastructure.


4. Sports & Education

  1. Inline Speed Skating World Championships

    • India achieved its best ever performance: 3 Gold, 2 Bronze medals.

    • Key winners include Anandkumar Velkumar (senior men’s 1000m gold, 500m sprint bronze, marathon gold) and Krish Sharma (junior men’s 1000m sprint).

    • Held in Beidaihe, China, with over 40 countries participating.

  2. 62nd National Chess Championship

    • Inaugurated in Guntur; organized by All India Chess Federation.

    • Emphasis placed on chess not only as sport but as a discipline building concentration, strategy; as India becomes a stronger chess power.

  3. Dasara Sports & Culture Events

    • State-level CM Cup sports meet inaugurated in Mysuru, Karnataka by Olympian Vinesh Phogat.

    • Government announced incentives: reward schemes for future Olympic medalists, job reservations for athletes, grants.

    • Cultural fairs and events in places like Madikeri with traditional festivals, marathons, and folk arts.

  4. Major Upcoming Para Athletics Event

    • New Delhi to host the 12th World Para Athletics Championships from 27 September to 5 October 2025 at Jawaharlal Nehru Stadium.

    • Largest para-sports event ever in South Asia; features 186 medal events.


5. GK & Miscellaneous Facts

  1. Inflation Figures & Economic Indicators

    • Retail inflation ~2.07% in August; government aiming to keep inflation under control.

  2. Regulatory/Exam Relevance

    • Understanding government borrowings, fiscal deficit: key for banking exams.

    • MRA for skills, global mobility: relevant for GK, current affairs.

    • Para Athletics Championships: geography (New Delhi, India), sports GK.

  3. Policy & Governance

    • Government infrastructure spending in border/hilly states (e.g. Tripura).

    • Role of GST and tax reforms in macroeconomic growth.


6. Important Events & Inaugurations

  • Bharat Scouts & Guides 19th National Jamboree to be inaugurated by PM in Lucknow in November 2025; major youth event.

  • Path Sanchalan by RSS on 27 September 2025 for centenary celebrations.

  • Dasara festival in Madikeri starts 23 September; includes cultural, sports events.