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India Aims to grow space sector by five fold to 44 billion dollars by 2033

October 04, 2025

1. Growth Projections & Targets:

  • Growing ambitions: Is expected to increase to 44 billion dollars by 2033 (a five-fold growth)
  • Share in the world: Targets to expand share of space economy in India to 2% to 8% by 2033.
  • International environment: Projection on the global space market of 1.8 trillion by 2035.

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PFRDA Suggests National Pension System (NPS) Reforms

October 04, 2025

1. Exit Rules Liberalized:

  • Leaving early on 15-years contribution (as opposed to having to wait until age 60/retirement)
  • Maximum age on the continuation of NPS increased to 85 years.

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8 th India international tea convention 132 nd upasConference

October 04, 2025

1. Event Overview:

  • The 8 th India International Tea Convention will be organised together with the 132 nd UPASI Annual Conference.
  • Dates: September 18-20, 2025
  • Organization: Grand Hyatt, Kochi, Kerala

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Shirish Chandra Murmu Sworn in as the Deputy Governor of the RBI

October 04, 2025

1. Appointment Details:

  • Shirish Chandra Murmu was added to the position of Deputy Governor of RBI.
  • Efficient 9 th October 2025 3 year term.
  • Succeeds Rajeshwar Rao
  • Kindly sanctioned by Appointments Committee of Cabinet (ACC) led by Prime Minister.

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Sudhanshu Vats Made a Chairman of ASCI

October 04, 2025

1. Leadership Appointment:

  • Managing Director of the Pidilite Industries Limited Sudhanshu Vats, who was appointed as a new Chairman of ASCI (Advertising Standards Council of India).
  • Elected at the 39th Annual General Meeting (AGM) of the Association of Scientists of Canada.
  • Subramanyeswar, Chief Strategy Officer, MullenLowe Global, came in as Vice-Chairman.
  • Principal at Provocateur Advisory, Paritosh Joshi, made Honorary Treasurer.

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