📊 Index & Rankings
The World Inequality Report 2026, released by the World Inequality Lab and led by economists including Thomas Piketty, highlights increasing inequalities globally and in India.
- Average annual income per capita: €6,200 (PPP)
- Average wealth per capita: €28,000 (PPP)
Income Inequality: Top 10% earn 58% of national income; Bottom 50% earn 15%.
Wealth Inequality: Top 10% own 65% of total wealth; Top 1% hold 40% of national wealth.
🇮🇳 National News
The Government of India launched a nationwide initiative titled “आपकी पूँजी, आपका अधिकार – Your Money, Your Right” to help citizens reclaim unclaimed financial assets.
- Dormant bank deposits
- Insurance payouts
- Unclaimed dividends and shares
- Mutual fund investments
- Pension amounts
Based on the 3A Framework: Awareness, Accessibility, and Action. The three-month drive (October–December 2025) focuses on awareness-building, digital facilitation, and district-level outreach.
State-Level Watershed Mahotsav 2025 and Mission Watershed Punarutthan were launched at Naga Solidarity Park, Kohima.
- Protection of natural water sources
- Soil health improvement
- Revival of natural springs
- Community-driven water management
Community participation is central, with villagers actively involved. Support from MGNREGA helps improve livelihoods and rural water infrastructure.
Union Minister Sarbananda Sonowal virtually inaugurated the steel-cutting ceremony for India’s first fully electric green tug, being built for the Deendayal Port Authority (Kandla).
- 60-ton bollard pull
- Zero carbon emissions
- Silent and smooth operations
- High energy efficiency
- Advanced navigation systems
Part of the Green Tug Transition Programme (GTTP), supporting Make in India and maritime self-reliance.
Indian Railways has completed the development of India’s first hydrogen-powered train, built as a pilot model adhering to RDSO standards.
- World’s longest and most powerful hydrogen train on broad gauge
- 10-coach configuration
- Total power output: 2400 kW
- Two Driving Power Cars of 1200 kW each
A dedicated hydrogen production plant will be established at Jind. Railway Minister Ashwini Vaishnaw informed Lok Sabha about this milestone under Atmanirbhar Bharat.
The Indian Navy will commission DSC A20 on 16 December 2025 at Kochi under the Southern Naval Command.
- First indigenously designed and constructed Diving Support Craft
- Built by Titagarh Rail Systems Limited (TRSL), Kolkata
- Lead vessel in a series of five DSCs
- Designed for diving operations, underwater inspection, and support missions
Vice Admiral Sameer Saxena, Flag Officer Commanding-in-Chief, will preside over the ceremony.
President Droupadi Murmu presented the Shilp Guru Awards and National Handicrafts Awards for 2023–24 at Vigyan Bhawan, New Delhi during National Handicrafts Week 2025 (8–14 December).
- 12 Shilp Guru Awards (highest honour for master artisans, since 2002)
- 36 National Awards (since 1965)
- 2 Design & Innovation Awards
- Total: 48 awards
Craft forms recognized: metalwork, textiles, terracotta, woodcraft, leather puppetry, stone carving, bamboo work, and carpets.
Actor Alia Bhatt received the Golden Globe Horizon Award at the 5th Red Sea International Film Festival in Saudi Arabia.
The award recognises her exceptional career growth and expanding global influence. The festival acknowledged her achievements alongside Hend Sabry, highlighting emerging creative talents.
The 2nd FEI Asian Equestrian Championships were held from 24 November to 7 December 2025 at Thai Polo and Equestrian Club, Pattaya, Thailand.
- Ashish Limaye: Individual Eventing Gold (first Indian to achieve this)
- Team Eventing: Silver
- Shruti Vora: Three silver medals in Dressage events
- Total: 5 medals
Over 80 riders from 13 countries participated. Union Minister Dr. Mansukh Mandaviya felicitated the Indian team in New Delhi.
India will host the first-ever Commonwealth Kho Kho Championship from 9–14 March 2026, with approval from Commonwealth Sports.
- Over 24 Commonwealth nations expected to participate
- 16 men’s teams and 16 women’s teams
- Follows successful Kho Kho World Cup in New Delhi
- Ahmedabad expected to be a beneficiary venue
💼 Business & Economy
IndusInd Bank, in partnership with Jio-bp, has launched a co-branded fuel and lifestyle credit card named “IndusInd Bank Jio-bp Mobility+ Credit Card” on the RuPay network.
- First fuel-focused credit card for IndusInd Bank
- First co-branded card for Jio-bp
- Earn rewards equivalent to up to 60 litres of free fuel annually
- 4.25% value back on fuel purchases at Jio-bp Mobility Stations
- Supports UPI-based credit card transactions
Amazon has announced plans to invest over USD 35 billion in India by 2030, announced at the Amazon Smbhav Summit in New Delhi.
- AI-led digital transformation
- Expansion of exports
- Job creation — 1 million additional jobs (3.8 million total)
- AI democratisation for 14 million small businesses
- AI education for 4 million government school students
Amazon signed an MoU with Gati Shakti Vishwavidyalaya (GSV) under the Ministry of Railways for education, research, and skill development.
The Competition Commission of India (CCI) approved International Holding Company (IHC) of Abu Dhabi acquiring a stake in Sammaan Capital.
- Investment: USD 1 billion (₹8,850 crore)
- Stake: 46%
- Through Avenir Investment RSC Limited (IHC affiliate)
- Sammaan Capital: RBI-registered non-deposit-taking NBFC (Gurugram)
CCI also cleared Schneider Electric SE acquiring 35% stake each in Schneider Electric India and Schneider Electric JV Holdings 2.
🌐 International News
The 20th Conference of the Parties (CoP20) to CITES was conducted from 24 November to 5 December 2025 at the Silkroad Samarkand Expo Center, Uzbekistan, commemorating the 50th anniversary of CITES.
- 353 decisions adopted
- 46 voting sessions
- 50 species listing proposals reviewed
- 77 species added to CITES Appendices
Countries from the Global South, especially African and Latin American nations, played a crucial role with coordinated policy positions.
Leonardo DiCaprio was named TIME Magazine’s Entertainer of the Year 2025, celebrating his career marked by artistic risk-taking and emotionally complex performances.
- Honours his role as Bob Ferguson in One Battle After Another
- Film crossed USD 200 million worldwide
- TIME described him as one of the last remaining “true movie stars”
👔 Appointments
Pakistan President Asif Ali Zardari approved the appointment of Field Marshal Asim Munir as the country’s first Chief of Defence Forces (CDF) for a five-year term.
- Created under the 27th Constitutional Amendment
- Replaces the abolished Chairman, JCSC position
- Aimed at unified military command and quicker decision-making
- Asim Munir has served as COAS since November 2022
President also granted a two-year extension to Air Chief Marshal Zaheer Ahmad Babar Sidhu, effective from 19 March 2026.
🔬 Science & Technology
Scientists from the Zoological Survey of India (ZSI) discovered two new jumping spider species in Meghalaya: Asemonea dentis and Colyttus nongwar.
- Asemonea dentis: Third species of genus in India; named for tooth-like structure on male’s palpal femur
- Colyttus nongwar: Second Indian species; named after Nongwar village in Khasi Hills
- Both belong to Salticidae family
Findings published in Zootaxa journal. The discovery highlights Meghalaya’s significance as part of the Indo-Burma Biodiversity Hotspot.
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