Current Affairs - 9 October 2025

National Affairs

• The Cabinet Committee on Economic Affairs approved four major rail multi-tracking projects worth Rs. 24,634 crore in Maharashtra, Madhya Pradesh, Gujarat, and Chhattisgarh under the PM Gati Shakti National Master Plan to enhance connectivity and ease congestion.
• DRDO launched the Indigenous Radio Software Architecture (IRSA) 1.0 standard to improve communication compatibility among Indian armed forces.
• IIT Madras signed an MoU with the Indian Navy to strengthen research collaboration and technological advancements in defense.
• The Government of India unveiled the India-AI Impact Summit 2026 logo symbolizing the union of ethics, heritage, and modern AI vision.

Economy & Banking

• The International Labour Organization (ILO) released the State of Social Justice Report 2025 highlighting issues of inequality and decline of trust in institutions worldwide.
• Reserve Bank of India linked Bharat Connect and FX-Retail platforms to facilitate seamless dollar transactions for retail customers.
• National Payments Corporation of India (NPCI) launched a new subsidiary, National Technology Services Limited (NTSL), to boost payment innovations in India.
• Bajaj Finserv rebranded its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance for better market identity.
• SBI General Insurance launched 'Health Alpha' policy offering 50 customization options for health insurance customers.
• RBI cancelled the license of Jijamata Mahila Sahakari Bank Ltd., Satara, Maharashtra for regulatory non-compliance.
• World Bank raised India’s GDP growth forecast to 6.5% for FY 2025-26 and lowered it to 6.3% for FY 2026-27.

Science & Technology

• Susumu Kitagawa, Richard Robson, and Omar M. Yaghi won the 2025 Nobel Prize in Chemistry for their work on metal-organic frameworks.

Appointments & Honours

• Lieutenant Colonel (Honorable) and actor Mohanlal received the Chief of Army Staff Commendation Card for his contributions to the Indian Army.
• Union Minister Ram Mohan launched the book "Above and Beyond" by Shiv Kumar Mohanaka, DIG of CISF, covering Indian Aviation achievements.

Important Days

• National Postal Week 2025 was observed from 6 to 10 October, promoting India Post’s socio-economic development role and digital transformation.
• World Cotton Day 2025 was observed to raise awareness about cotton’s importance to the economy and livelihoods.