National Affairs
1. Bharat Taxi launched
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A cooperative ride-hailing platform under Ministry of Cooperation .
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Operated through Sahakar Taxi Cooperative , positioned as an alternative to Uber & Ola .
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Supported by National e-Governance Division (NeGD) .
2. Regional Artificial Intelligence Impact Conference 2025
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Held at State Convention Centre, Shillong, Meghalaya .
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Part of build-up events for the India–AI Impact Summit 2026 (Feb 2026).
3. Paperless Passport Verification Launched
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Joint initiative of MEITY + MEA .
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Verification now through DigiLocker → fully digital & contactless.
4. RailTel–Nokia Agreement
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For upgrading India’s National Long-Distance (NLD) & metro optical transport networks .
5. Raajmarg Infra Investment Trust (RIIT)
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SEBI granted in-principle approval to register RIIT as an InvIT .
6. MoHUA + SIIC IIT Kanpur
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Launched 2nd startup cohort in sanitation & waste management at Swachhata Startup Conclave.
7. DRDO handed over 7 indigenous technologies
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Developed under Technology Development Fund (TDF) .
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Transferred to all three services: Army, Navy, Air Force .
8. NISG + MeitY + Tripura IT Dept. Conference
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Theme: Harnessing AI and Digital Public Infrastructure (DPI) for Viksit Bharat .
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Held in New Delhi (5 Dec 2025) .
Economy & Industry
9. Luana Lopes Lara becomes Youngest Self-made Woman Billionaire
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Brazilian entrepreneur, age 29 .
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Her fintech startup Kalshi now valued at USD 11 billion .
10. Microsoft Store Awards 2025
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Recognised high-performing apps enhancing user experience , productivity , innovation on Windows.
11. Developing Nations’ Debt
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Paid $741 billion more in debt servicing (2022–24) than received in new financing → largest gap in 50 years .
12. Fitch Ratings – GEO December 2025
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Released latest Global Economic Outlook (GEO) .
13. FPO Shakti Scheme Launched
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By Vrutti + HSBC India .
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A blended, stage-based financing model for Farmer Producer Organisations (FPOs).
14. Tourism Data 2024–25
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56 lakh foreign tourists .
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303.59 crore domestic tourist visits .
15. Reliance Retail appointed Jeyandran Venugopal
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First-ever President & CEO of Reliance Retail Ventures Ltd. (RRVL).
Defence, Security & Strategic Affairs
16. Russia approved RELOS Agreement with India
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Reciprocal Exchange of Logistics Support (RELOS) .
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Boosts military logistics & interoperability.
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Ahead of Putin’s 2025 India visit .
17. Joint Military Exercises
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Harimau Shakti 2025 – India & Malaysia, Rajasthan (5–18 Dec).
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Garuda 2025 – India–France, Air Base 118, France.
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Garuda Shakti 2025 – India–Indonesia Special Forces, Bakloh (3–12 Dec).
18. SIPRI Top 100 Arms Companies 2024 Fact Sheet
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Released by the Stockholm International Peace Research Institute (SIPRI) .
Appointments
19. Vikram Sahu appointed CEO of Bank of America N.A. (India)
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RBI approved for a 3-year term .
20. ONGC Chairman Arun Kumar Singh
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Given 1-year extension by ACC.
21. UN Resident Coordinator in India
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Stefan Priesner (Austria) appointed for 2025–2029 .
22. AU Small Finance Bank
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Brand ambassadors:
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Ranbir Kapoor
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Rashmika Mandanna
23. Nokia–Airtel Partnership
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Unlocks Airtel’s network capabilities for developers & enterprises.
Science, Technology & Innovation
24. DRDO handed over seven new technologies (TDF).
25. RailTel + Nokia upgrading optical transport networks.
Month: Current Affairs - Dec 08, 2025
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