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National Affairs & Policy Updates Fixed-Fare Pilot for Alliance Air Launched The Government of India has introduced a fixed-fare scheme for Alliance Air on select routes from 13 October to 31 December 2025. The pilot aims to stabilise finances of the state-owned fixed-wing airline and assess its operational viability. BLS International Banned from MEA Tenders…
1. National News & Developments Rashtriya Military School (RMS) Chail Centenary Celebrations Army Chief General Upendra Dwivedi visited RMS Chail and praised its legacy of shaping defence leaders. A Centenary Gate was inaugurated, a special postal cover released, and a commemorative chronicle “The Centennial Chronicle” unveiled. The event also saw a plantation drive “Ek Ped…
1. National News & Developments India to Restore Full Embassy in Kabul India has upgraded its diplomatic mission in Afghanistan, converting the technical mission in Kabul into a full-fledged embassy. During a visit to New Delhi, Taliban Foreign Minister Amir Khan Muttaqi and Indian External Affairs Minister S. Jaishankar jointly condemned terrorism and signaled deeper…
1. National Affairs Navi Mumbai Airport Inauguration Prime Minister Narendra Modi inaugurated the first phase of the Navi Mumbai International Airport, constructed under a PPP model by the Adani Group. This greenfield airport is aimed at decongesting Mumbai’s existing airports and bolstering connectivity for the Mumbai Metropolitan Region. Modi Inaugurates ₹24,000 Crore Rail Expansion Projects…
1. National News & Developments Biometric Authentication for UPI launched From 08 October 2025, India begins implementing biometric authentication (face recognition / fingerprints) for digital payments via UPI. The move shifts away from PIN-based authentication, aiming to strengthen payment security and convenience for users. This aligns with recent guidelines by the Reserve Bank of India…
1. National News & Affairs India–UK Exercise KONKAN-2025 begins The bilateral naval exercise between India and the UK commenced off the western coast of India. It will run from 5 to 12 October 2025. Activities include anti-air, anti-surface, anti-submarine warfare drills, flying operations, and professional interactions. India is deploying INS Vikrant and other ships; the…
1. Banking & Financial Reforms From 4 October 2025, the Reserve Bank of India (RBI) introduces a real-time cheque clearing mechanism. Cheques will now be cleared within hours (10:00 AM to 4:00 PM) via continuous settlement, replacing the batch-based system which used to take 1–2 business days. Banks will need to confirm cheque authenticity by…
1. National Affairs & Government / Policy RBI’s push to internationalise the Indian Rupee The Reserve Bank of India announced around 22 reforms aimed at boosting the use of the rupee in cross-border trade. Key steps include establishing direct conversion arrangements with UAE dirham and Indonesian rupiah, expanding rupee vostro account usage (for holding rupee…
1. National / India News RBI Monetary Policy: Rate Maintained at 5.50 %In the RBI’s policy review, the repo rate is likely to be held at 5.50 % as per consensus among economists. The central bank continues with a calibrated stance given inflation is within target and growth signals are mixed. Appointment: Shirish Chandra Murmu…
1. National / India Affairs MiG-21 Jets Retired On 26 September 2025, the Indian Air Force formally retired the iconic MiG-21 fighter jets after over six decades of service. The final ceremonial flight and decommissioning event are held at Chandigarh Air Force Station, marking the end of an era in India’s air defence capabilities. PM Inaugurates…
