$741 billion more in debt servicing (2022–24) than received in new financing →
largest gap in 50 years .
12. Fitch Ratings – GEO December 2025
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Released latest Global Economic Outlook (GEO) .
13. FPO Shakti Scheme Launched
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By Vrutti + HSBC India .
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A blended, stage-based financing model for Farmer Producer Organisations (FPOs).
14. Tourism Data 2024–25
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56 lakh foreign tourists .
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303.59 crore domestic tourist visits .
15. Reliance Retail appointed Jeyandran Venugopal
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First-ever President & CEO of Reliance Retail Ventures Ltd. (RRVL).
Defence, Security & Strategic Affairs
16. Russia approved RELOS Agreement with India
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Reciprocal Exchange of Logistics Support (RELOS) .
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Boosts military logistics & interoperability.
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Ahead of Putin’s 2025 India visit .
17. Joint Military Exercises
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Harimau Shakti 2025 – India & Malaysia, Rajasthan (5–18 Dec).
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Garuda 2025 – India–France, Air Base 118, France.
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Garuda Shakti 2025 – India–Indonesia Special Forces, Bakloh (3–12 Dec).
18. SIPRI Top 100 Arms Companies 2024 Fact Sheet
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Released by the Stockholm International Peace Research Institute (SIPRI) .
Appointments
19. Vikram Sahu appointed CEO of Bank of America N.A. (India)
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RBI approved for a 3-year term .
20. ONGC Chairman Arun Kumar Singh
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Given 1-year extension by ACC.
21. UN Resident Coordinator in India
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Stefan Priesner (Austria) appointed for 2025–2029 .
22. AU Small Finance Bank
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Brand ambassadors:
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Ranbir Kapoor
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Rashmika Mandanna
Month: Current Affairs - December 08, 2025
Category: