🏛️ National Affairs & Governance
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Maharashtra Pagdi System Reform
Maharashtra government announced a major regulatory reform to dismantle the century-old Pagdi (rent-control) system , aiming to modernise Mumbai’s housing market.
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MahaCrimeOS AI Platform
Maharashtra partnered with Microsoft to launch MahaCrimeOS AI , an advanced platform to modernise and accelerate cybercrime investigations .
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RBI Eases CC/OD/Current Account Norms
RBI relaxed norms for opening and maintaining Cash Credit, Overdraft, and Current Accounts , incorporating stakeholder feedback to improve credit access.
- CBDT Action on Bogus ITR Filings
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CBDT initiated action against intermediaries filing Income Tax Returns with fake deductions and exemptions under the Income Tax Act, 1961.
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India – World’s 4th Largest Economy
India is now the 4th largest economy globally , with a resilient financial system capable of supporting long-term growth and investment.
🌍 International Economy & Finance
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China Trade Surplus Milestone
China’s trade surplus crossed USD 1 trillion for the first time , driven by exports to Europe, Australia, and Southeast Asia , despite falling U.S. exports.
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Russia–India Equity Fund
Sberbank & JSC First Asset Management launched First-India Mutual Fund , giving Russian investors exposure to India via the Nifty50 Index .
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World Bank Clean Air Financing
WB approved ~USD 600 million for clean air programmes in Uttar Pradesh & Haryana , benefiting ~270 million people in the Indo-Gangetic Plains & Himalayan Foothills .
💰 Banking, Markets & Regulation
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SEBI – Strategic Investor Expansion
SEBI expanded the definition of “Strategic Investor” for REITs & InvITs to widen investor participation in public issues.
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JPMorgan Expansion in India
JPMorgan Chase & Co. received RBI’s in-principle approval to open a new branch in Pune , its first expansion in nearly 10 years .
🏺 Culture, Heritage & Records
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UNESCO ICH Listing – Pakistan
Boreendo (Pakistan) was inscribed on UNESCO’s List of Intangible Cultural Heritage in Need of Urgent Safeguarding during the 20th session at Red Fort, New Delhi .
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World Book of Records Honour
Nitish Kumar , CM of Bihar, recognised for taking oath as Chief Minister 10 times , a rare democratic milestone.
🤖 Science, Technology & Innovation
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AI Social Robot – NIT Rourkela
Researchers developed and patented an AI & LLM-based human-like social robot capable of real-time natural interaction.
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Indigenous Hydrogen Fuel Cell Vessel
India launched its first fully indigenous hydrogen fuel cell passenger vessel , marking a major step in green maritime mobility .
🌱 Environment & Ecology
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Chhattisgarh’s First Ramsar Site
Kopra Reservoir (Bilaspur district) declared Chhattisgarh’s first Ramsar Wetland , strengthening wetland conservation.
🏆 Awards, Honours & Recognition
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TIME Person of the Year 2025
TIME Magazine named the “Architects of Artificial Intelligence” as Person of the Year 2025 .
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Union Home Minister’s Medal
Dinesh Khatak (CRPF) honoured with the Union Home Minister’s Efficiency Medal .
⚽ Sports & Youth Achievements
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Junior Hockey World Cup 2025
14th FIH Men’s Junior Hockey World Cup concluded in Chennai & Madurai, Tamil Nadu .
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U-19 Asia Cup Record
Vaibhav Suryavanshi (14 yrs) scored 171 runs off 95 balls vs UAE — a sensational U-19 Asia Cup performance.
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Lionel Messi Statue
Kolkata unveiled a 70-foot iron statue of Lionel Messi , believed to be the world’s largest of the footballer.
📅 Important Day
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National Energy Conservation Day 2025
📍 14 December
Purpose: Promote energy efficiency & sustainable energy use .
Month: Current Affairs - Dec 15, 2025
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