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September 29, 2025

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🇮🇳 National News

PM Modi Launches Bihar’s Mukhyamantri Mahila Rojgar Yojana

Prime Minister Narendra Modi launched Bihar’s Mukhyamantri Mahila Rojgar Yojana through video conferencing.

👩 Scheme Highlights
  • ₹10,000 transferred via DBT to 75 lakh women beneficiaries
  • Total disbursement: ₹7,500 crore
  • One woman recipient per family
  • Support can expand up to ₹2 lakh based on enterprise success
Defence Ministry Releases Procurement Manual (DPM) 2025

Defence Minister Rajnath Singh approved the release of the Defence Procurement Manual (DPM) 2025, replacing the earlier 2009 edition.

📋 Key Features
  • Guides revenue procurements including spares and ammunition
  • Promotes self-reliance, innovation, and indigenisation
  • Encourages collaborations with IITs, IISc, and industry
  • 15% upfront growth provision to sustain advanced platforms
  • Limited tendering up to ₹50 lakh for specialised items
Indian Army Conducts Drone-Enabled Exercise Siyom Prahar

The Indian Army held Exercise Siyom Prahar from September 8–10, 2025 to test the use of drones in modern tactical operations under realistic battle conditions.

🚁 Drone Applications Tested
  • Surveillance
  • Reconnaissance
  • Target acquisition
  • Precision strikes
Ahmedabad Hosts 11th Asian Aquatics Championship 2025

Ahmedabad, Gujarat is hosting the 11th Asian Aquatics Championship from September 28 – October 11, 2025 — India’s first time hosting this prestigious continental competition.

🏊 Event Details
  • Venue: Veer Savarkar Sports Complex, Narangpura
  • Organized by Asia Aquatics with Swimming Federation of India
  • Events: Swimming, Diving, Artistic Swimming, Water Polo

💼 Business & Economy

SMBC Emerges as Yes Bank’s Largest Shareholder

Sumitomo Mitsui Banking Corporation (SMBC) of Japan has raised its stake in Yes Bank by 4.22%, investing ₹2,850 crore.

🏦 Shareholding Details
  • SMBC stake increased from 20% to 24.22%
  • Now the largest shareholder of Yes Bank
  • SBI retains stake of over 10%
  • AA- rating assigned by CRISIL, ICRA, India Ratings, and CARE
  • Highest rating since March 2020
RBI Issues Revised Guidelines for Settlement of Deceased Customers’ Claims

The Reserve Bank of India (RBI) has released new guidelines titled “RBI (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025.”

📋 Key Provisions
  • Claims to be settled within 15 calendar days
  • Covers deposit accounts, lockers, and safe custody articles
  • Threshold limits: ₹5 lakh (co-operative banks), ₹15 lakh (other banks)
  • Above threshold: May require succession/legal heir certificate
  • Implementation deadline: March 31, 2026
Qatar Adopts UPI Payments – Eighth Country

NPCI International Payments Limited (NIPL), in collaboration with Qatar National Bank (QNB) and NETSTARS, has introduced UPI QR code payments in Qatar.

📱 UPI Global Expansion
  • Launched at Qatar Duty Free, Hamad International Airport, Doha
  • Qatar becomes 8th country to accept UPI
  • Others: Bhutan, Nepal, Singapore, France, UAE, Mauritius, Sri Lanka
  • Enables payments via PhonePe, Google Pay, BHIM
  • Indians are 2nd largest international visitors to Qatar

🌐 International News

Pakistan to Host SCO Summit 2027 in Islamabad

Pakistan’s Prime Minister Shehbaz Sharif declared that Pakistan will host the Shanghai Cooperation Organisation (SCO) Summit 2027 in Islamabad.

🌍 About SCO
  • Established: June 2001 in Shanghai
  • 10 full members: China, Russia, India, Pakistan, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Iran, Belarus
  • 2 observer states: Afghanistan, Mongolia
  • 14 dialogue partners
  • Headquarters: Beijing, China
  • Next SCO Summit (2026): Bishkek, Kyrgyzstan

👔 Appointments

Shirish Chandra Murmu Appointed as Deputy Governor of RBI

The Government of India has appointed Shirish Chandra Murmu as the new Deputy Governor of the Reserve Bank of India (RBI).

👤 Appointment Details
  • Tenure begins: October 9, 2025
  • Term: Three years
  • Currently: Executive Director at RBI
  • Replaces: Rajeshwar Rao (term ends Oct 8, 2025)
Shailesh Chandra Takes Over as MD & CEO of Tata Motors

Tata Motors has announced the appointment of Shailesh Chandra as its Managing Director and CEO, effective October 1, 2025.

🚗 Leadership Details
  • Term: Three years (until September 30, 2028)
  • Continues as MD of Tata Passenger Electric Mobility Ltd. (TPEM)
  • Aligns with Tata Motors’ corporate demerger plan
  • Two separate listed entities: Commercial Vehicles and Passenger/EV + JLR

📅 Important Days

World Rabies Day – September 28

Observed annually on 28th September to raise awareness about rabies, a fatal virus transmitted through the saliva of infected animals.

2025 Theme: “Act Now: You, Me, Community.”

World Heart Day – September 29

Celebrated every year on 29th September to promote awareness of cardiovascular diseases.

❤️ Key Information
  • 2025 Theme: “Don’t Miss a Beat”
  • Founded in 1999 by World Heart Federation (WHF) and WHO
  • Idea proposed by Antoni Bayes de Luna
  • First celebrated: 24th September 2000
  • Fixed to September 29 from 2012 onwards

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