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2 December 2025 Current Affairs

National Affairs

  • Union Cabinet approved the Credit Guarantee Scheme for Exporters (CGSE) to boost liquidity for exporters (MSMEs & non-MSMEs) and enhance India’s global export competitiveness.

  • RBI imposed a ₹3.10 lakh penalty on Mannakrishna Investments Pvt Ltd for regulatory non-compliance.

  • RBI data: All-India House Price Index increased only 2.2% in Q2 FY26 (vs. 7% YoY) across 18 major cities.

  • Tata Realty (TRIL) signed a ₹1,280 crore green loan with DBS Bank India for Intellion Park, Gurugram .

  • NPCI Bharat BillPay (NBBL) launched Banking Connect , an interoperable net banking platform enabling biometric authentication & real-time RBI oversight.
  • Asian Development Bank (ADB) approved a USD 475.8 million loan for Northeast India to enhance healthcare, ecotourism & sustainable livelihoods .

  • IMF graded India’s national accounts statistics as ‘C’ , indicating methodological issues affecting economic surveillance.

  • Indian banks achieved complete implementation of SWIFT ISO 20022 messaging standards before 22 Nov 2025 deadline.

  • Cyclone Ditwah formed over Southwest Bay of Bengal — IMD issued alerts for Tamil Nadu, Puducherry & South Andhra Pradesh .

  • Vivek Chaturvedi (IRS–C&IT, 1990 batch) appointed Chairman, CBIC (from 1 Dec 2025).

  • Vice Admiral Sanjay Sadhu assumed charge as Controller of Warship Production & Acquisition (CWP&A) on 28 Nov 2025.

  • PM Modi inaugurated Skyroot’s Infinity Campus in Hyderabad ; unveiled Vikram-I , India’s first private orbital launch vehicle.

  • WII researchers discovered 13 new bush frog species (Raorchestes) in Eastern Himalayas & Indo-Burma hotspot.

  • British playwright Tom Stoppard passed away at 88 .

  • India Global Forum (IGF) launched a USD 250 million fund in Dubai to support high-growth Indian companies globally.

  • Goa CM unveiled a postal stamp in honour of filmmaker K. Vaikunth at IFFI 2025 .

  • Camikara rum won ‘Rum Brand of the Year’ at The Spirits Business Awards 2025 — first Indian rum to win this.

  • MapmyIndia Mappls + Zoho launched India’s first indigenous CRM + geospatial integration within Zoho CRM.

  • Asian Paints signed a 3-year partnership with BCCI as Team India’s official colour partner .


International Affairs

  • Jakarta overtook Tokyo as the world’s most populous city

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