The day brought several major national and international developments across governance, economy, environment, science, and global affairs — key for competitive exams.
National Affairs
-
The 8th International Solar Alliance (ISA) Assembly took place in New Delhi , where India launched new global solar initiatives focused on a just and inclusive energy transition .
-
Union Minister Piyush Goyal addressed the TiEcon Delhi-NCR 2025 Conference , urging reduced reliance on foreign technology and boosting domestic innovation under Make in India .
-
Prime Minister Narendra Modi celebrated the 150th Birth Anniversary of Sardar Vallabhbhai Patel by releasing a ?150 commemorative coin and a special postage stamp at Kevadia, Gujarat .
-
Renowned archaeologist Prof. Ravindra Korisettar from Karnataka received the Rajyotsava Award 2025 for contributions to archaeology, research, and education.
Economic and Banking Updates
-
During India Maritime Week (27–31 October) in Mumbai, the Visakhapatnam Port Authority (VPA) signed MoUs worth ?39,216 crore , boosting Andhra Pradesh’s maritime and blue economy growth .
-
The Reserve Bank of India (RBI) released provisional results of the 2024–25 Annual Census on Foreign Liabilities and Assets (FLA) .
-
The Securities and Exchange Board of India (SEBI) issued a consultation paper to revamp the mutual fund fee structure for greater investor transparency.
-
The RBI also issued a draft circular (29 October 2025) to update the cross-border payment framework for faster and more transparent remittances.
-
The Asian Development Bank (ADB) approved a USD 460 million loan for the Maharashtra Power Distribution Enhancement Program , promoting agricultural solarization .
-
The SBI Foundation launched SMART-CROP , a real-time monitoring project for crop resilience, in Hyderabad, Telangana .
Appointments and Awards
-
Justice Surya Kant was appointed as the 53rd Chief Justice of India (CJI) , effective 24 November 2025 .
-
Namitbir Singh Walia from Jalandhar, Punjab , became the state’s second International Master (IM) in chess.
International Developments
-
Cameroon President Paul Biya won re-election with 53.7% votes .
-
Union MoS Kirti Vardhan Singh represented India at the 19th NAM Mid-Term Ministerial Meeting in Kampala, Uganda .
-
The Federal Reserve cut its interest rate to 3.75%–4.00% , its second reduction of 2025.
Month: Current Affairs - November 01, 2025
Category: