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India-Afghanistan: India upgraded its Technical Mission in Kabul to a full-fledged Embassy — the first diplomatic expansion since the Taliban took power in 2021.
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Codex Committee on Spices: The 8th CCSCH session finalized Codex standards for vanilla, large cardamom, and coriander, bringing the total to 19 spice standards since 2013.
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UDAN Scheme: India’s regional connectivity initiative, UDAN, completed nine years on 21 October 2025 .
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Bathou Religion: The Bathou faith of Assam’s Bodo community received a distinct code in the upcoming national census, marking official recognition at the national level.
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India–UK Collaboration: The Ramanujan Junior Researchers Programme was launched to nurture young Indian talent in theoretical sciences in partnership with the London Institute for Mathematical Sciences.
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Japan: Legendary Dragon Ball voice actor Masako Nozawa named one of Japan’s 2025 Persons of Cultural Merit — first voice actor to receive this honor.
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Global Forest Report: India ranked 9th globally in total forest area in the FAO’s Global Forest Resources Assessment (GFRA) 2025 .
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Mining Sector: Ministry of Mines launched the State Mining Readiness Index (SMRI) and State Rankings 2025 for non-coal mineral management.
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Sports: Morocco won its first-ever World Cup title, defeating Argentina 2-0 in the FIFA U-20 World Cup final in Chile.
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Finance & Tech: Curie Money and ICICI Prudential AMC introduced a unified platform combining liquid funds, instant redemption, and UPI.
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Insurance Tie-ups:
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Ageas Federal Life Insurance partnered with CSB Bank to expand SME Bancassurance.
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Universal Sompo General Insurance teamed up with Andhra Pradesh Grameena Bank (APGB) to offer products across 26 districts.
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FatakSecure received IRDAI approval for a composite Corporate Agent License.
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Banking & Economy:
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RBI removed the Rs10,000 crore loan cap per corporate borrower.
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RBI is considering new licenses for Urban Cooperative Banks (UCBs) after two decades.
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Aviation: Standard Chartered and Bank of India extended a $215 million loan to AI Fleet Services IFSC Ltd for leasing six Boeing 777-300ER aircraft to Air India.
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Digital Finance: Revolut launched operations in India, expanding into one of the world’s largest fintech markets.
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Banking Concept: Truncation refers to transmitting electronic cheque images and data instead of physically moving cheques.
Month: Current Affairs - October 24, 2025
Category: current affairs daily