The day brought several major national and international developments across governance, economy, environment, science, and global affairs — key for competitive exams.
National Affairs
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The 8th International Solar Alliance (ISA) Assembly took place in New Delhi , where India launched new global solar initiatives focused on a just and inclusive energy transition .
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Union Minister Piyush Goyal addressed the TiEcon Delhi-NCR 2025 Conference , urging reduced reliance on foreign technology and boosting domestic innovation under Make in India .
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Prime Minister Narendra Modi celebrated the 150th Birth Anniversary of Sardar Vallabhbhai Patel by releasing a ?150 commemorative coin and a special postage stamp at Kevadia, Gujarat .
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Renowned archaeologist Prof. Ravindra Korisettar from Karnataka received the Rajyotsava Award 2025 for contributions to archaeology, research, and education.
Economic and Banking Updates
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During India Maritime Week (27–31 October) in Mumbai, the Visakhapatnam Port Authority (VPA) signed MoUs worth ?39,216 crore , boosting Andhra Pradesh’s maritime and blue economy growth .
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The Reserve Bank of India (RBI) released provisional results of the 2024–25 Annual Census on Foreign Liabilities and Assets (FLA) .
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The Securities and Exchange Board of India (SEBI) issued a consultation paper to revamp the mutual fund fee structure for greater investor transparency.
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The RBI also issued a draft circular (29 October 2025) to update the cross-border payment framework for faster and more transparent remittances.
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The Asian Development Bank (ADB) approved a USD 460 million loan for the Maharashtra Power Distribution Enhancement Program , promoting agricultural solarization .
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The SBI Foundation launched SMART-CROP , a real-time monitoring project for crop resilience, in Hyderabad, Telangana .
Appointments and Awards
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Justice Surya Kant was appointed as the 53rd Chief Justice of India (CJI) , effective 24 November 2025 .
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Namitbir Singh Walia from Jalandhar, Punjab , became the state’s second International Master (IM) in chess.
International Developments
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Cameroon President Paul Biya won re-election with 53.7% votes .
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Union MoS Kirti Vardhan Singh represented India at the 19th NAM Mid-Term Ministerial Meeting in Kampala, Uganda .
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The Federal Reserve cut its interest rate to 3.75%–4.00% , its second reduction of 2025.
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IA Fintech IFSC Pvt Ltd , a subsidiary of Infibeam Avenues Ltd , received IFSCA approval to operate as a Payment Service Provider (PSP) at GIFT City, Gujarat .
Science and Environment
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The AmazonFACE project began in the Amazon rainforest to study the impact of rising CO2 levels on forest ecosystems.
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Russia announced successful testing of its nuclear-powered “Poseidon” UUV .
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HAL signed an MoU with Russia’s PJSC-UAC to manufacture Superjet 100 aircraft in India.
Miscellaneous
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Dictionary.com selected “67” as the Word of the Year 2025 , its first-ever numeric entry.
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World Vegan Day and All Saints’ Day were both observed on 1 November 2025 .
Exam Highlights:
• ISA Assembly held in New Delhi.
• Celebration of Sardar Patel's 150th Birth Anniversary.
• Justice Surya Kant appointed as the 53rd Chief Justice of India.
• Asian Development Bank (ADB) loans USD 460 million for Maharashtra.
• VPA (Voluntary Partnership Agreements) MoUs worth ?39,216 crore signed.
• Federal Reserve announces rate cut to a range of 3.75%–4.00%.
• AmazonFACE Project focuses on CO2 impact study.
Month: Current Affairs - Nov 01, 2025
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