Current Affairs One - Liner : 11th September 2025

National:

• On 9 September 2025, Tata Consultancy Services (TCS) partnered with France’s Commissariat à l’Énergie Atomique et aux Énergies Alternatives (CEA) to advance Physical AI research. Physical AI blends robotics, AI, and intelligent systems to help machines perceive, interpret, and interact with the physical world.

• On 10 September 2025, the Cabinet Committee on Economic Affairs (CCEA) approved doubling of the 177 km Bhagalpur–Dumka–Rampurhat rail line in Bihar, Jharkhand, and West Bengal at a cost of ₹3,169 crore. The project will benefit 441 villages and 28.72 lakh people, including three Aspirational Districts—Banka, Godda, and Dumka.
• On 10 September 2025 (World Suicide Prevention Day), All India Institute of Medical Sciences (AIIMS) Delhi launched ‘Never Alone’, an Artificial Intelligence (AI)‑based mental health programme for students. It provides 24×7 confidential access via web and WhatsApp for screening, counselling, and follow‑up with professionals.

Banking:

• 9 Sept 2025 – South Indian Bank launched a fully digital Loan Against Mutual Funds via DhanLAP. Open to individuals aged 18–75, including non‑SIB customers, with PAN & Aadhaar‑based KYC. Instant overdraft disbursal within 15 minutes; investments remain intact and continue earning returns. Loan limit – Equity MF: up to 50% of value; Debt MF: up to 70%.
• On 4 September 2025, Bank of Baroda (BoB) launched ‘bob Aspire’, allowing Indian citizens to open an NRE savings account pre‑departure. The account remains inoperative until proof of overseas address and passport with immigration stamp are submitted. Benefits include no minimum balance for 2 quarters, tax‑free interest, and a premium debit card with lounge access.
• Jio Financial Services Ltd and Allianz Europe B.V. formed a 50:50 JV, Allianz Jio Reinsurance Ltd (AJRL), incorporated on 8 Sept 2025. Received IRDAI NOC and MCA incorporation approval to operate as a domestic reinsurer in India. Combines JFSL’s local reach with Allianz’s global reinsurance expertise to strengthen India’s risk‑management capacity.

Economy:

• On 3 September 2025 in New Delhi, the 56th GST Council removed the ₹400/ton GST compensation cess on coal and raised GST from 5% to 18%. This created a uniform 39.81% tax incidence across coal grades, reducing costs for low‑grade coal and aligning with imports. For the power sector, it cuts coal cost by about ₹260/ton, lowering generation cost by 17–18 paise/kWh.
• 10 Sept 2025 – Fitch Ratings raised India’s FY26 GDP growth forecast to 6.9% from 6.5%. Upgrade driven by strong Q1 FY26 GDP growth of 7.8% YoY and robust domestic demand. Risks include US tariffs (50% duty from Aug 27) and global trade uncertainties. Fitch projects GDP at 6.3% in FY27 and 6.2% in FY28, with end‑2025 inflation at 3.2%.

MoUs:

• On 9 September 2025 in Colombo, India and Sri Lanka signed an MoU to build an Accident & Emergency Unit at the District General Hospital, Mannar. India will provide a grant of LKR 600 million for constructing a two‑storey unit and supplying all necessary medical equipment. The project will address a critical gap in emergency care, enabling timely treatment during the golden hour and easing hospital overcrowding.
• On 3 September 2025 in New Delhi, Telecommunications Consultants India Limited (TCIL) and Punjab National Bank (PNB) signed an MoU. It aims to strengthen PNB’s Information Technology (IT) infrastructure and accelerate its digital transformation. TCIL will provide IT consultancy, Project Management Consultancy (PMC), and turnkey execution, including Request for Proposal (RFP) lifecycle management and system integration.

Science & Technology:

• ICEYE (International Centre for Earth Observation – Synthetic Aperture Radar) launched its high‑performance Generation‑4 commercial Synthetic Aperture Radar (SAR) satellite on 9 September 2025. It offers 16 centimetre resolution with a 400 kilometre swath, capturing up to 500 images per day and enabling sub‑15‑minute revisit for priority areas.

Committees:

• On 9 September 2025 in Brussels, India and the EU held their 15th Joint Working Group on Counterterrorism, co‑chaired by K.D. Dewal (MEA) and Maciej Stadejek (EEAS). It aims to strengthen cooperation, share threat assessments, and coordinate action against all forms of terrorism, including cross‑border terrorism.

Apps & Portals:

• On 10 September 2025 in New Delhi, the Ministry of Tribal Affairs launched the beta version of the Adi Sanskriti Digital Platform. It features Adi Vishwavidyalaya (45 online tribal art courses), Adi Sampada (5,000+ cultural documents), and Adi Haat (online marketplace via TRIFED). Developed with Tribal Research Institutes from 15 states, it aims to preserve heritage, enable livelihoods, and promote global access.

Important Days:

• Observed annually on 9 September, the International Day to Protect Education from Attack raises awareness about safeguarding education in conflict zones. The 2025 theme was “Challenging Narratives, Reshaping Action”, urging stronger global measures to protect schools, students, and teachers. The 6th edition was marked in Geneva by the Education Above All Foundation and the UN Office for Children and Armed Conflict.
• Observed annually on 9 September, Himalaya Diwas promotes conservation of the Himalayan ecosystem. The 2025 theme was “Himalaya and Disasters”, focusing on rising natural disasters in the region. It called for disaster‑resilient infrastructure, eco‑sensitive planning, and community participation.
• On 9 September 2025, the world marked World EV Day to promote electric mobility and sustainable transport. The 2025 theme was “The Better Manifesto”, highlighting EVs as better for driving, cost savings, clean air, and climate health. It aimed to shift the narrative from facts and rebuttals to a positive, inspiring vision for EV adoption.
• On 11 September, Digvijay Diwas is observed to mark Swami Vivekananda’s 1893 address at the World’s Parliament of Religions in Chicago. The speech introduced India’s Vedanta philosophy and message of universal brotherhood to the world. His call against sectarianism and intolerance remains a guiding principle for interfaith harmony.
• 11 September marks National Forest Martyrs Day, honoring those who died safeguarding India’s forests. Inspired by the 1730 Khejarli Massacre, where 363 Bishnois sacrificed their lives for the Khejri trees. 2025 Theme: “Remembering Martyrs, Protecting Forests”—a tribute to courage and a call to conserve.

Appointments:

• On 9 September 2025, the Securities and Exchange Board of India (SEBI) approved Injeti Srinivas as Chairperson of the Governing Board of the National Stock Exchange of India Limited (NSE). A 1983‑batch Indian Administrative Service (IAS) officer (Odisha cadre), he has extensive experience in corporate regulation, financial services, and governance.
• On 9 September 2025, French President Emmanuel Macron appointed Sébastien Lecornu as Prime Minister, replacing François Bayrou after a failed confidence vote. At 39, Lecornu was France’s youngest Defence Minister and led a €413 billion (2024–2030) military expansion plan.

Awards & Honours:

• On 10 September 2025 in New Delhi, late former PM Dr. Manmohan Singh was posthumously awarded the P V Narasimha Rao Memorial Award for Economics. Presented by Montek Singh Ahluwalia and received by Gursharan Kaur, it honoured his role in India’s economic transformation.

Questions:

Q.1 Fitch Ratings upgraded India’s Gross Domestic Product (GDP) growth forecast for Financial Year 2025-26 (FY26) to what level?
a) 6.3%
b) 6.5%
c) 6.9%
d) 7.2%

Answer: c) Fitch raised India’s FY26 GDP growth forecast from 6.5% to 6.9% after Q1 FY26 growth touched 7.8% year-on-year, driven by strong domestic demand. Risks include U.S. tariffs and global trade uncertainties

Q.2 In September 2025, the Securities and Exchange Board of India (SEBI) approved whom as Chairperson of the Governing Board of the National Stock Exchange of India Limited (NSE)?
a) Ajay Tyagi
b) Injeti Srinivas
c) U.K. Sinha
d) Shaktikanta Das

Answer: b) A 1983-batch Indian Administrative Service (IAS) officer of the Odisha cadre, Injeti Srinivas has experience in corporate regulation, financial services, and governance. He was appointed by SEBI to head NSE’s Governing Board.