📌 One-Liners
- Scroll the categories (they may change daily).
- Read the bold title then the short sub-line for context.
- Watch for acronyms—today’s quiz/notes expand them.
🧠 Mini-Quiz
- Answer the 3 MCQs without peeking.
- Tap Submit to reveal answers and explanations (no JS needed).
- Note why an option is correct—this locks facts into memory.
📒 Short Notes
- Read the 3 compact explainers—each builds on a different topic.
- Use them for a quick recap or add to your personal notes.
- Great for mains/PI: definitions, timelines, and “why it matters”.
💼 Business News
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RBI launches ‘Scheme for Facilitating Accelerated Payout – Inoperative Accounts & Unclaimed Deposits’One-year drive (Oct 1, 2025–Sep 30, 2026) to reactivate dormant accounts & settle unclaimed deposits, curbing fresh accretions to the DEA Fund with quarterly bank claims.
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OpenAI hits $500B valuation after SoftBank secondary share sale$6.6B employee share sale lifts valuation from $300B → $500B without dilution; H1 2025 revenue $4.3B; now among top private tech firms with ByteDance & SpaceX.
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Bank of Baroda launches eRUPI P2P digital gifting on UPIFirst P2P eRUPI vouchers via bob इ Pay (₹1–₹10,000), non-transferable with auto-refund on expiry; no cap on count (UPI daily limits apply).
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RBI clears Eurobank (Greece) to open Mumbai representative office by Dec 2025Eurobank (assets €100B) to enter India, aligning with IMEC; expansion also planned in Israel, Saudi Arabia & UAE amid rising India–Greece investment.
🇮🇳 National News
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PM lays foundation of Mahi Banswara Rajasthan Atomic Power ProjectIndia’s first JV nuclear project (ASHVINI = NPCIL + NTPC) with 4×700 MW PHWRs; ₹42,000 crore outlay to boost indigenous clean energy.
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JNPA flags off India’s first electric heavy trucks with swappable batteriesAt Nhava Sheva, largest port EV truck fleet launched with a battery swapping station; target 90% of ~600 trucks by Dec 2026; MoU on tariff framework.
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A. Ramachandran Museum inaugurated in Kollam, KeralaCM Pinarayi Vijayan opens museum honoring the master (1935–2024) known for urban realism, mythology, murals & Bhil influences.
🌍 International News
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India–China to resume direct flights by late Oct 2025MEA announces revival of designated city links from Winter Schedule 2025 to restore trade, tourism, education & diplomatic connectivity.
🏆 Awards
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ISSA Award 2025 to India for social security expansionAt WSSF 2025 (Kuala Lumpur), India lauded for expanding coverage from 19% (2015) to 64.3% (2025)—now 940+ million; also recognized by the ILO.
📰 MoUs & Agreements
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SAIL–IIM Jammu pact for Executive EducationSAIL (MTI) signs MoU with IIM Jammu to build future-ready leadership, adopt global best practices & strengthen organizational capacity.
🛡️ Defence
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IAF retires MiG-21; final squadrons decommissioned in ChandigarhOn Sep 26, 2025, IAF ends MiG-21 era (since 1963); strength at 29 squadrons with ramp-up via Tejas Mk1/1A, Mk2 & AMCA planned.
📰 Acquisitions & Mergers
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SC clears JSW Steel’s $2.3B acquisition of BPSLSupreme Court reverses liquidation, reinforcing IBC (2016) focus on revival; BPSL has steadily aided JSW’s revenue & profits.
📰 Science & Technology
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Equal AI unveils India’s first multilingual AI Call AssistantLaunched Oct 2, 2025 (early access, Delhi-NCR; Android first); English/Hindi/Hinglish with strong spam detection; rollout to major metros.
🗓️ Important Days (Oct 5–6)
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World Teachers’ Day – Oct 5Theme 2025: “Recasting teaching as a collaborative profession”; UNESCO day since 1994 marking the 1966 ILO/UNESCO Recommendation.
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World Cerebral Palsy Day – Oct 6Theme 2025: #UniqueAndUnited; started in 2012 by the World CP Alliance & UCP to raise awareness and inclusion.
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World Habitat Day – first Monday of October (Oct 6, 2025)Theme 2025: “Urban Crisis Response”; UNGA established in 1985; first marked 1986 (Nairobi) with “Shelter is my right.”
🧠 Mini-Quiz: Add to Your Knowledge (3 MCQs)
📒 Short Notes: Why Stop at One-Liners?
eRUPI (prepaid e-voucher) P2P (Peer-to-Peer) on UPI (Unified Payments Interface) UPI eRUPI
What: Bank of Baroda introduced P2P eRUPI gifting via bob इ Pay, issuing purpose-specific prepaid vouchers from ₹1–₹10,000, non-transferable, with auto-refund on expiry.
How: Generated as NPCI-backed e-vouchers, these are redeemed through UPI rails after simple Two-Factor Authentication; issuance count is uncapped, while standard UPI daily limits apply.
Why: It blends low-cost digital gifting with targeted spends, reduces card/share-link fraud risk, and broadens e-voucher literacy for social benefits and merchant promos.
IAF — Indian Air Force retires MiG-21 Defence Aviation
What: On Sep 26, 2025, the IAF retired its last MiG-21 squadrons at Chandigarh, closing a fighter era that began in 1963 and shaped multiple air campaigns.
How: Force structure pivots to the LCA (Light Combat Aircraft) Tejas Mk1/1A, forthcoming Tejas Mk2, and AMCA (Advanced Medium Combat Aircraft); interim imports & upgrades bridge squadron strength.
Why: Modern sensors, survivability, and network-centric warfare demand newer platforms; retiring legacy airframes cuts maintenance burden and accident risk while boosting deterrence.
ISSA — International Social Security Association Award 2025 (India) Social Security
What: At the World Social Security Forum (WSSF) 2025, India was recognised for expanding social security coverage from 19% (2015) to 64.3% (2025), with 940+ million covered.
How: Digitised registries, Aadhaar-enabled KYC, portability, and contribution subsidies widened enrolment; cross-agency coordination aligned with International Labour Organization (ILO) standards.
Why: Broader coverage stabilises incomes, buffers shocks for informal workers, and raises labour productivity, creating a stronger base for pensions, health protection, and survivor benefits.