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New Banking Rules from November 1 Multiple Nominees Allowed for Accounts and Lockers

October 24, 2025

 

  • The Finance Ministry has announced that, effective November 1, 2025, customers can nominate multiple individuals for bank accounts, safe custody articles, and lockers under provisions of the Banking Laws (Amendment) Act, 2025.

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Defence Acquisition Council Approves 79000 Crore Procurement to Strengthen Armed Forces

October 24, 2025

 

  • The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, approved procurement proposals worth Rs79,000 crore to modernise the Indian Army, Navy, and Air Force, supporting the Aatmanirbhar Bharat initiative.

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Jammu and Kashmir Revives 150-Year-Old Darbar Transfer After Four-Year Hiatus

October 24, 2025

 

  • The Darbar Transfer — the seasonal shift of government offices between Srinagar (summer capital) and Jammu (winter capital) — has been revived this winter after a four-year suspension. The tradition, paused in 2021 due to financial concerns, dates back to 1872 under Maharaja Ranbir Singh.

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Veteran ISRO Pioneer Dr. Eknath Vasant Chitnis Passes Away at 100

October 24, 2025

 

  • Dr Eknath Vasant Chitnis, a founding architect of India’s space programme and a key figure in the country’s television revolution, passed away in Pune at the age of 100.

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Google Willow Chip Achieves World First Verifiable Quantum Advantage

October 24, 2025

 

  • Google Quantum AI has announced that its Willow chip has achieved the world’s first verifiable quantum advantage, performing a computation 13,000 times faster than the best classical algorithm on one of the world’s fastest supercomputers.

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