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The First Private Helicopter Assembly Line India by Tata and Airbus

Oct 05, 2025

1. Core Announcement

  • India Tata Group in collaboration with Airbus has decided to set up the first helicopter Final Assembly Line (FAL) in the private sector.
  • Location: Vemagal, Karnataka.
  • Product: The plant will produce the Airbus H125 helicopter.

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India to Mandate Acoustic Vehicle Alerting System AVAS in EVs by 2027

Oct 05, 2025

1. Core Mandate

  • The Acoustic Vehicle Alerting System (AVAS) will be required in all Electric Vehicles (EVs) manufactured in the Government of India starting on October 1, 2027.
  • This rule is proposed by the Ministry of Road Transport and Highways (MoRTH).

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India industrial production increased 4 percent in August 2025

Oct 04, 2025

1. Overall Growth Trend:

  • Index of Industrial Production (IIP) increased 4.0 percent annually in August 2025.
  • Increase in slight under forecasts of 5%
  • July 2025 IIP revised upward to 4.3%
  • Cumulative growth (April-August FY26): 2.8 % vs 4.3% in April-August FY25.

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RBI makes standard guidelines to settle the claims of the deceased account holders

Oct 04, 2025

1. Overview and Applicability:

  • RBI standardizes ways in which banks should pay claims on dead customers.
  • Intends to remove the divergent practices between banks.
  • Only available to: Any commercial and co-operative bank.
  • Inapplicable to: Government savings schemes (SCSS, PPF etc.)
  • Deadline of implementation: 31 st March 2026.

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RBI Installs New Continuous Cheque Clearing System

Oct 04, 2025

1. System Transition/Implementation:

  • Special CTS clearing to be made on 3 rd October 2025 to help in transition.
  • The start of the new continuous clearing mechanism will be on 4th October 2025.
  • Transition as authorized by Payment and Settlement Systems Act, 2007.

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