1. National News & Government / Policy Updates
RBI cancels Registration Certificate of Datta Finance and Trading (NBFC)
The Reserve Bank of India has revoked the Certificate of Registration (CoR) of Datta Finance and Trading Private Limited, a non-banking financial company, citing irregularities in its lending practices.
The company is now prohibited from carrying on NBFC business.
TRAI recommends reserve prices for FM radio channels
Telecom Regulatory Authority of India (TRAI) has proposed minimum reserve prices for FM radio channel auctions across India.
This move aims to bring uniformity and ensure fair returns from spectrum allocation.
World Food India 2025 to be held in New Delhi (25–28 September)
The flagship event “World Food India 2025” is scheduled for 25 to 28 September in New Delhi.
It will bring together stakeholders in food, agribusiness, supply chain, technology, and innovation to promote investment and partnerships in India’s agri-food sector.
Union Education Minister launches Viksit Bharat Buildathon 2025
Under the aegis of the education ministry, the “Viksit Bharat Buildathon 2025” was launched to engage students in innovation challenges.
The initiative aligns with Atmanirbhar Bharat, Swadeshi & Samriddh Bharat goals, encouraging youth to ideate solutions for national priorities.
GST Reform Awareness Campaign in Uttar Pradesh
Uttar Pradesh’s government launched a state-level awareness drive on GST reforms from September 22 to 29 to educate traders and consumers.
As part of this, elected representatives will spend time in markets to interact directly with shopkeepers about the benefits of GST.
Rajasthan state employees to stage protest on 24 Sept
The All-Rajasthan State Employees Joint Federation has announced a sit-in protest in Jaipur on 24 September over unfulfilled budget promises and pending demands of government employees.
2. International Affairs & Global Developments
Kolkata records third-highest single-day rainfall in September in 2025
The city registered ~251.4 mm rainfall in 24 hours, marking the third highest in September since 1978.
The deluge was part of a cloudburst / flash flood event that impacted Kolkata, causing damage and disruptions.
Kolkata cloudburst disaster — casualties & impact
On 23 September, a sudden cloudburst led to flash flooding in Kolkata, resulting in several deaths (around 8–10), injuries (30+), and missing persons.
Infrastructure, transport, power and property suffered heavy damage.
Punjab floods continue to affect large areas
In Punjab, over 1,400 villages have been inundated, with more than 3.7 lakh acres of farmland submerged.
At least 29 people have died, and large-scale evacuations are underway.
Parts of the Indo-Pakistan border fencing and BSF installations are also damaged.
3. Economic & Financial News
Stock market analyst picks: Archean Chemical, Orient Cement, HCC
Analyst Vaishali Parekh has recommended three stocks for possible intraday trading:
• Archean Chemical Industries (Buy at ₹710, Target ₹735)
• Orient Cement (Buy at ₹233, Target ₹245)
• Hindustan Construction Company (HCC) (Buy at ₹29, Target ₹32)
Banker duped of ₹17.9 crore in “maharaja art” fraud
In one of the evening’s top headlines, a banker in Mumbai was defrauded of ₹17.9 crore via an art transaction claimed to be owned by a “maharaja.”
The incident underscores growing financial fraud risks and the need for stringent checks in high-value deals.
4. Sports & Cultural Highlights
Oscar entry for India: Film “Homebound” selected for 2026
The Hindi drama “Homebound” (2025) directed by Neeraj Ghaywan has been named India’s official entry for the 98th Academy Awards in the Best International Feature Film category.
The film premiered in Cannes (Un Certain Regard) and is slated for theatrical release on 26 September.
(No major sports events reported today in the public domain)
(If there are updates later in the day, we’ll include them in tomorrow’s roundup.)
5. State / Local & Inaugurations
Free bus service flagged off for devotees to Dongargarh temple (Chhattisgarh)
The state’s CM inaugurated a free shuttle service from Raipur to the Maa Bamleshwari temple during Navratri, facilitating pilgrim movement during festival season.
The initiative complements a MEMU train service between Rajim and Raipur for devotees.
UPITS 2025: Trade show in Greater Noida to highlight sustainability
Uttar Pradesh International Trade Show (UPITS 2025) begins 25 September; the state will showcase sustainability and climate action commitments under “UP Pledges to the Planet.”
IndiGo flight diverted due to weather
Flight 6E-6921 from Pune to Kolkata was rerouted to Bhubaneswar due to heavy rainfall and turbulence impacting Kolkata airport operations.
6. Exam-Relevance & Key Facts to Remember
RBI / Banking
• Cancellation of NBFC registration is a rare regulatory move — understand grounds for RBI revocation.
• Know difference between CoR (Certificate of Registration) and NBFC compliance norms.Policy & Governance
• TRAI’s role in regulating telecom and broadcasting spectrum.
• Events like World Food India, Buildathon, UPITS are often featured in government schemes questions.Disaster & Geography
• Cloudburst, floods, rainfall extremes: keen awareness of these events helps for geography / environment sections.
• Punjab floods and Kolkata cloudburst are recent large-scale disasters.Economics & Markets
• Stock recommendations are a micro view; more important are policy shifts (e.g. RBI, TRAI) and macro trends.
• Fraud news is relevant under “Current Affairs in Finance / Banking”.Arts & Culture
• India’s Oscar entry and film festivals often figure in GK.
• Inaugurations, transport services, and state initiatives often become question fodder.
