Current Affairs

Financial Services Institutions Bureau to be headed by SCL Das, former Secretary, MSME Ministry

The Government has nominated seven members, including Subhas Chandra Lal Das, former Secretary, MSME Ministry; Arijit Basu, former Managing Director, State Bank of India; and Satish K Marathe, former Director, Central Board of the Reserve Bank of India, to the Financial Services Institutions Bureau (FSIB).

Lal, who is also Chairman of the Delhi Electricity Regulatory Commission, has been appointed as Part-Time Chairman of FSIB.

Besides Basu and Marathe, other Members of the Bureau include R Subramanian, former Executive Director, RBI; Siddhartha Mohanty former CEO & MD, Life Insurance Corporation of India; Neeja Kapur, former Chairman & Managing Director, New India Assurance Co. Ltd; and T. L. Alamelu, former Whole-Time Member (Non-Life), Insurance Regulatory and Development Authority of India.



Debt-strapped Pakistan to chair IMF, World Bank boards of governors in 2027

Pakistan is awaiting approval for another $1.2 billion from the IMF, yet the repeat borrower will chair the Boards of Governors of the IMF and World Bank Group in 2027.

The role puts the country in charge of proceedings attended by member countries’ finance ministers and central bank governors, giving Islamabad a prominent platform but no control over lending decisions.

Pakistan will hold the chairmanship for the first time since 1953, its Ministry of Economic Affairs said on Friday.



Veteran Tamil film music composer Deva passes away in Chennai at 75

Veteran Film music composer and director Devanesan Chokkalingam, also called Deva, passed away in Chennai today. He was 75. Known as Thenisai Thendral, he was one of the prominent composers in Tamil Cinema and was well known for his folk-based tunes. He established himself as a composer for three decades in Tamil, Telugu, Kannada and Malayalam cinema. He rose to prominence in the late 1980s and 1990s. Deva, as a composer, brought in the local flavour to film music.

Gaana music, with unique and distinct expression with linguals and also the rhythm, was his signature, which echoed with the local culture and impressed the audience with a casual approach and genre displaying all the moods in a movie. His music in Superstar Rajinikanth’s blockbuster Annamalai, Baasha and also in Vijay’s blockbuster Kushi remains evergreen.



Bhavina Patel Continues Winning Run At Asian Para Games

Paralympics silver medallist Bhavina Patel continued her winning run at the Asian Para Games, defeating Jordan's Faten Eleimat in the women's para table tennis competition on Saturday. Bhavina brushed aside Eleimat 11-6, 11-7, 11-4 in the women's singles Class 4-5 Group A match in just 17 minutes to finish on top of Group A. Classes 4 and 5 in para table tennis represent the higher-functioning categories among wheelchair athletes (Classes 1-5), where players have varying degrees of sitting balance and trunk or arm control.

Sonalben Patel began her campaign with a 3-0 win over Japan's Yuka Ikeyama but then suffered a 0-3 defeat to South Korea's Migyu Lee in the Class 3 event.

In the men's singles Class 3 competition, Shubham Wadhwa lost 0-3 to Saudi Arabia's Ibrahim AlHassan.



FSSAI draft amendment proposes ban on sucrose and fructose in food products for babies up to six months

The Food Safety and Standards Authority of India (FSSAI) has published a draft amendment to the Food Safety and Standards (Foods for Infant Nutrition) Regulations, 2020, proposing to prohibit the addition of sucrose and fructose in food products intended for infants up to six months of age. The proposed restriction aims to promote appropriate infant nutrition and support healthy growth and development during the crucial first six months of life. The first six months of life represent a critical period for healthy growth and development, making appropriate nutrition particularly important. The proposed restriction seeks to ensure that infant nutrition products meet the nutritional needs of this age group without the unnecessary addition of sucrose and fructose. The measure is also intended to support broader public health efforts to address concerns associated with early exposure to added sugars, including dietary risk factors linked to childhood obesity and related health challenges. The Ministry of Health and Family Welfare has said that the draft notification has been published for public consultation, inviting objections and suggestions from stakeholders within 60 days. The representations received within the prescribed period will be considered by FSSAI before finalisation of the amendment.



PM Modi inaugurates five major development projects over ?3,300 crore in Ladakh

Prime Minister Mr Narendra Modi today dedicated to the nation five major development projects worth around Rupees Three Thousands Three Hundred Fifty Crore (₹3,350 crore) in Ladakh through video conferencing. The five projects will strengthen connectivity, improve energy infrastructure, conserve cultural heritage and enhance water security in the region.

The newly inaugurated projects include the New Passenger Terminal Building at Kushok Bakula Rimpochee Airport in Leh, the 298-kilometre-long Nimmu-Padum-Darcha Road, the nine-megawatt Hanu Small Hydroelectric Project, the 66-kV Double-Circuit Dah-Hanu-Khaltsi Transmission Line, India’s first Petroglyph Conservation Park at Sindhu Ghat in Leh, and 40 water bodies developed across 40 villages under Project Him Sarovar.

The five projects will strengthen connectivity, improve energy infrastructure, conserve cultural heritage and enhance water security in the region. The virtually arranged launch program is organised in all seven districts of UT Ladakh. The main programme, being held at Leh Sindhu Ghat, is attended by Honourable LG Ladakh V K Saxena along with UT Administration officials, Army dignitaries, social and political representatives and the people at large.



Astranova Mobility arm gets NBFC licence, targets ?5,000 cr AUM in 5 years

Astranova Mobility on Wednesday said its lending subsidiary, NovaFusion Capital, has received approval from the Reserve Bank of India to operate as a Non-Banking Financial Company (NBFC).

The company is targeting ₹5,000 crore in assets under management (AUM) over the next five years, Astranova Mobility Founder & CEO Kunal Mundra told PTI.

"So with the help of this NBFC, our aspiration really is to deploy ₹5,000 crore worth of financing in the next five years. It will be primarily for electric vehicles and only for commercial operators. That means everyone who earns a livelihood with the help of these assets," Mundra shared.



After 144 years without Lions, this Gujarat sanctuary is home to 17 Asiatic Lions again, with wild Pigs making up 55% of their recorded diet

For more than a century, Gir Forest has been synonymous with Asiatic lions in India. But another forest in Gujarat is emerging as an important habitat for the endangered big cats. Barda Wildlife Sanctuary, where lions had disappeared for nearly 144 years, is now home to 17 Asiatic lions, according to recent reports.

A study published in the journal PLOS One has found that Barda offers suitable habitat, adequate prey and environmental conditions that could support a lion population over the long term. The findings strengthen the case for developing the sanctuary as a second home for Asiatic lions beyond Gir, helping reduce the risks associated with concentrating the population in one main landscape.



VP Radhakrishnan inaugurates KAUMARACON-2026, launches digital initiatives of the All India Institute of Ayurveda

Vice-President CP Radhakrishnan today inaugurated KAUMARACON-2026 at the All India Institute of Ayurveda (AIIA), New Delhi, an autonomous institution under the Ministry of AYUSH.

The event is the third international conference on Kaumarabhritya (Ayurvedic paediatrics). It is being held from 15 to 17 October 2026 under the theme “Shaping the Future of Child Health: Global Perspectives, Research Innovations, and Clinical Frontiers in Kaumarabhritya.”

The occasion also marked the Institute’s Foundation Day. It celebrated a decade of progress in Ayurvedic education, clinical services, scientific research and innovation.



Vishvajit More becomes first Indian wrestler to win Greco-Roman silver at U23 Worlds

Indian wrestler Vishvajit Ramchandra More became the country's first Greco-Roman silver medallist at the U23 World Championships after losing 12-13 to Georgia's Koba Karumidze in the men's 55kg final on Thursday.

More was close to winning gold but Karumidze edged ahead in the closing seconds to clinch the title. The Indian had already made history by becoming the first Indian Greco-Roman wrestler to reach the final at the U23 World Championships.

More, who had won bronze at the previous editions, began his campaign with a narrow 10-8 win over Mexico's Isaac Marin Mata. He then defeated Iran's Armin Shamsipour, the reigning U20 world champion, 8-1 in the quarter-finals. A four-point throw helped More secure the win, with Shamsipour appearing to suffer a shoulder injury during the bout.