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World Anaesthesia Day and World Food Day-16 October 2025

World Food Day – 16 October 2025

  • Theme 2025: "Hand in Hand for Better Foods and a Better Future"
  • Purpose: Encourage world food security and promote awareness of hunger, particularly in times of crises.
  • History: Founded by the Food and Agriculture Organization (FAO) in 1945; recognized internationally since the 20th FAO Conference held in 1979.
  • Significance: Celebrated by more than 150 nations to promote hunger alleviation, poverty elimination, and sustainable agricultural systems.

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RBI Widens Related Party Transaction Regulations Comes into effect from April 2026

 

  • Coverage: Now includes promoters, key management personnel (KMPs), shareholders holding >5% equity, entities with significant influence, and their relatives.
  • Relevance: Commercial Banks, Small Finance Banks, Cooperative Banks, NBFCs, and All India Financial Institutions.
  • Objective: Harmonize lending to related parties, make legacy provisions more logical, and establish a harmonized regulatory framework.

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RBI Seeks to Amend External Commercial Borrowing (ECB) Regulations October 2025

 

  • Objective: Modify ECB regulations under FEMA (Borrowing & Lending) to tie borrowing limits to financial strength of borrower.

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India's Wholesale Price Inflation Slows September 2025

 

  • WPI Inflation: 0.13% YoY (from 0.52% in August 2025)
  • Causes: Increase in prices of manufactured food items, non-food items, textiles, and transport equipment

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Finance Minister Nationwide Financial Awareness Campaign Launched-October 2025

  • Launched by: Union Finance Minister Nirmala Sitharaman at Gandhinagar, Gujarat
  • Objective: Encourage financial empowerment and accountability; ensure citizens retrieve unclaimed funds
  • Guiding Principles: 3 A's – Awareness, Accessibility, Action

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