06th November 2025

1. India’s First SiC Semiconductor Manufacturing Plant to be Set Up in Odisha
2. President Droupadi Murmu Addresses Uttarakhand Assembly’s Silver Jubilee Session
3. Janjatiya Gaurav Varsh Pakhwada 2025 Observed from November 1 to 15, 2025
4. India and Denmark Launches ‘Indo-Danish Business Council’ to Strengthen Bilateral Ties
5. India’s top 1% grew its wealth by 62% since 2000: G20 report
6. Scapia and Federal Bank Launched ‘Family Add-on Credit Cards’ and ‘Scapia Store’ Travel Shopping Platform
7. SBI Executes First Gold Trade as Special Category Client on IIBX
8. Gurudev Sri Sri Ravi Shankar Honoured with 2025 World Leader for Peace and Security Award
9. S. Sankarasubramanian Elected as Chairman of FAI
10. Google Announced ‘Project Suncatcher’ to Develop Space-Based AI Infrastructure
11. OpenAI Launches AI Benchmark ‘IndQA’ to Improve AI Reasoning across Indian Languages
12. Former USA Vice President Dick Cheney Passed Away at 84
13. MP CM Dr. Mohan Yadav Inaugurates ‘PM Shri Air Tourism Helicopter Tourism Service’ on 70th Foundation Day
14. Telangana Govt Established TAIH to Boost AI Research and Development
15. Kartik Naach Festival Concludes at Patan Durbar Square
16. Gurudev Sri Sri Ravi Shankar Awarded World Leader for Peace and Security 2025
17. FIFA Announces Peace Prize to Debut at 2026 World Cup Draw
18. India Climbs to Third in Global Clean Industry Pipeline
19. PSU Banks Clock ₹49,456 Cr Profit in Q2 FY26
20. Indian-Origin Hashmi Elected Virginia’s Lt. Governor
21. Google’s Project Suncatcher Aims to Launch AI Data Centres in Space
22. Indian Navy To Commission ‘Ikshak’ for Hydrographic Excellence
23. India Unveils AI Governance Framework with ‘Light-Touch’ Oversight
24. NISAR Set to Go Operational on November 7
25. Centre Unveils AI Governance Framework for Safe, Ethical Technological Innovation
26. Maharashtra Becomes First Indian State to Tie-Up with Starlink
27. IndQA: OpenAI’s First Cultural Benchmark Begins with Indian Languages
28. International Day for Preventing the Exploitation of the Environment in War and Armed Conflict 2025
29. Maharashtra Signs Landmark Deal With Starlink to Boost Rural Internet

National News

1. Indo-Danish Business Council Launched to Boost India–Nordic Ties

• What:
  • The Indo-Danish Business Council (IDBC) was launched in Copenhagen as a think tank and collaboration platform to strengthen innovation, policy, and investment partnerships between India and the Nordic region.
• Why:
  • The initiative aims to promote cross-border cooperation in life sciences, deep tech, healthcare, sustainability, and venture ecosystems between India and Nordic countries.
• Tell me more:
  • The launch event was held at Talent Garden Copenhagen and featured 15 early-stage startups, including 11 in life sciences, healthtech, and medtech sectors.
  • Ambassador of India to Denmark, Manish Prabhat, and former Danish Ambassador Freddy Svane highlighted the complementary strengths of both nations in innovation and entrepreneurship.
  • IDBC is co-chaired by Sudhir Mishra, Subhrangshu Neogi, and Dr. Rajat Pandey, and supported by an executive committee led by Freddy Svane and Lalit Bhasin.
  • Seven of the participating founders expressed intent to collaborate or expand into India, showing growing interest in India’s innovation ecosystem.
  • IDBC announced plans to organize an annual Indo-Nordic Innovation & Leadership Summit to facilitate policy and business exchanges.

Source: ET

2. India Builds USD 150 Billion Clean Industry Project Pipeline

• What:
  • India has developed a pipeline of 65 commercial-scale clean industrial projects worth over USD 150 billion, according to a new report by the Industrial Transition Accelerator (ITA).
• Why:
  • The initiative aims to accelerate India’s industrial decarbonisation and position the country as a global leader in clean manufacturing.
• Tell me more:
  • The report titled ‘Unlocking India’s Clean Industrialisation Opportunity’ was launched along with the ITA India Project Support Programme.
  • Only six of the 65 projects have reached the Final Investment Decision (FID) stage.
  • The projects are concentrated in states such as Odisha, Andhra Pradesh, Karnataka, Gujarat, Rajasthan, Maharashtra, and Tamil Nadu.
  • The chemicals sector accounts for nearly 80% of the clean industry pipeline, with 50 ammonia and methanol projects.
  • The ITA India Project Support Programme will run through 2026 to support project readiness through finance, infrastructure, and policy alignment.

Source: ET

3. India Unveils AI Governance Guidelines for Responsible AI Use

• What:
  • The Ministry of Electronics and Information Technology (MeitY) launched the India AI Governance Guidelines under the IndiaAI Mission to promote safe, inclusive, and responsible adoption of Artificial Intelligence across sectors.
• Why:
  • The guidelines aim to ensure that AI innovation and deployment remain ethical, transparent, and human-centric while minimising potential risks to individuals and society.
• Tell me more:
  • The guidelines were unveiled by Prof. Ajay Kumar Sood, Principal Scientific Adviser to the Government of India, in the presence of senior MeitY officials including Secretary S. Krishnan and CEO IndiaAI Mission Abhishek Singh.
  • The framework includes seven guiding principles (Sutras), six pillars of governance, a time-bound action plan, and practical recommendations for AI developers, regulators, and industries.
  • The key principle of the framework is “Do No Harm”, focusing on innovation sandboxes and risk mitigation.
  • The guidelines were developed by a high-level committee chaired by Prof. Balaraman Ravindran of IIT Madras, involving experts from government, academia, and industry.
  • The launch precedes the India AI Impact Summit 2026, scheduled for February 19–20, 2026, in New Delhi.

Source: PIB

State News

1. India’s First Silicon Carbide Semiconductor Plant to Come Up in Odisha

• What:
  • India will get its first Silicon Carbide (SiC) semiconductor manufacturing plant in Odisha, to be set up by SiCSem as an Assembly, Testing, Marking, and Packaging (ATMP) facility in Bhubaneswar.
• Why:
  • The project aims to strengthen India’s position in the global semiconductor sector and boost industrial growth in Bhubaneswar.
• Tell me more:
  • SiCSem has received approval from the India Semiconductor Mission (ISM) and represents a major milestone for Odisha’s electronics sector.
  • The Rs 2,000-crore project has been allotted land, with strong support from both the Government of India and the Government of Odisha.
  • Before SiCSem, RIR Power Semiconductors was approved and will begin production within the next three to four months.
  • Another project, 3DGS, also approved by ISM, will use glass substrate technology for semiconductor packaging, expected to have global demand.

Source: ET

2. President Droupadi Murmu Addresses Uttarakhand Assembly Session

• What:
  • President Droupadi Murmu addressed the special session of the Uttarakhand State Assembly, congratulating the state on its achievements over the past 25 years.
• Why:
  • The address aimed to acknowledge Uttarakhand’s progress in development, social welfare, and governance, while encouraging further efforts toward inclusive growth.
• Tell me more:
  • Uttarakhand has implemented the Uniform Civil Code, reflecting its progressive and transparent governance.

Source: NOA

3. Madhya Pradesh Launches PM Shri Helicopter Service

• What:
  • Madhya Pradesh inaugurated the ‘PM Shri Helicopter Service’ on its 70th Foundation Day to improve tourism and air connectivity in the state.
• Why:
  • The initiative aims to make travel between major religious, wildlife, and natural destinations easier and to promote adventure, heritage, and spiritual tourism.
• Tell me more:
  • The service was launched by the Madhya Pradesh Tourism Board under the public-private partnership (PPP) model.
  • Chief Minister Mohan Yadav flagged off the service from Raja Bhoj Airport in Bhopal for Ujjain.
  • The state celebrated its 70th Foundation Day on November 1.

Source: TOI

4. Maharashtra Becomes First State to Partner with Starlink

• What:
  • Maharashtra has signed a Letter of Intent (LOI) with Elon Musk-owned Starlink to deliver satellite-based internet connectivity across remote and underserved areas of the state.
• Why:
  • The collaboration aims to bridge the digital divide by providing reliable internet access to every village, school, and health centre, supporting the state’s Digital Maharashtra mission.
• Tell me more:
  • The LOI was signed by Lauren Dreyer, Vice-President of Starlink, and Virendra Singh, Secretary of the Department of Information Technology, in the presence of Chief Minister Devendra Fadnavis.
  • The project will connect tribal schools, primary health centres, disaster control rooms, forest outposts, and coastal zones in districts such as Gadchiroli, Nandurbar, Dharashiv, and Washim.
  • The initiative will also provide connectivity along key infrastructure corridors like the Samruddhi Mahamarg, coastal police networks, ferries, and ports.
  • A joint working group will monitor a 90-day pilot rollout, with progress milestones at 30, 60, and 90 days, and quarterly reviews chaired by the Chief Minister.

Source: IE

International News

1. Kartik Naach Festival Concludes at Patan Durbar Square, Nepal

• What:
  • The 10-day-long cultural festival Kartik Naach concluded at Patan Durbar Square in Lalitpur, Nepal, on the occasion of Kartik Purnima.
• Why:
  • The festival is celebrated to preserve Nepal’s centuries-old cultural and artistic traditions through dance, drama, and music.
• Tell me more:
  • Kartik Naach has been performed annually for over three centuries at Patan Durbar Square, a UNESCO World Heritage site.
  • The festival, also known as Katti Pyakha, was started in the 17th century by King Siddhinarsingh Malla of Patan.
  • Alongside the dance-drama, a Painting Exhibition by tattoo artists from countries such as China, Japan, and Germany was organised at Patan Museum.

Source: NOA

Banking and Economy

1. India’s Richest 1% Gained 62% Wealth Since 2000: G20 Report

• What:
  • A G20-backed report led by Nobel laureate Joseph Stiglitz revealed that India’s richest 1% expanded their share of wealth by 62% between 2000 and 2023.
• Why:
  • The report aims to highlight rising global inequality that threatens democratic stability, economic strength, and climate cooperation.
• Tell me more:
  • The study was commissioned by South Africa during its G20 presidency and shows that globally, the top 1% captured 41% of all wealth created since 2000, while the bottom half received only 1%.
  • In India, the growth in wealth concentration among the top 1% was faster than in China, where it increased by 54% during the same period.
  • The report states that inequality within countries has widened even though gaps between countries have narrowed due to growth in economies like India and China.
  • The panel proposed creating an International Panel on Inequality, similar to the IPCC, to track and guide governments on the issue.

Source: IT

2. Scapia and Federal Bank Launch First Add-On Credit Card

• What:
  • Scapia and Federal Bank have launched India’s first Add-On Credit Card that gives secondary users independent control, visibility, and rewards.
• Why:
  • The card aims to make shared credit more transparent and empowering for families, allowing each member to manage and track their own spending.
• Tell me more:
  • Add-on limits can be customized (for example ₹20,000 or ₹50,000) while maintaining full visibility of total family spending.

Source: BS

3. Google Launches Project Suncatcher to Power AI from Space

• What:
  • Google CEO Sundar Pichai announced Project Suncatcher, a research initiative to explore powering artificial intelligence (AI) computing through solar energy harnessed directly from space.
• Why:
  • The project aims to reduce the environmental impact of Earth-based data centres by using space-based solar power to run AI workloads.
• Tell me more:
  • Project Suncatcher plans to deploy AI chips on solar-powered satellites in low-Earth orbit to process AI operations in space.
  • The satellites will carry Google’s custom-built Tensor Processing Units (TPUs) designed for machine learning and AI applications.
  • Each satellite will use high-efficiency solar panels and free-space optical communication beams to transmit data between satellites and to Earth.
  • Two prototype satellites are expected to be launched by early 2027 to test energy generation, chip performance, and data transmission.
  • Google described the initiative as a long-term research “moonshot” that could define the future of scalable AI computing.

Source: BS

4. OpenAI Launches IndQA Benchmark for Indian Languages

• What:
  • OpenAI has introduced IndQA, a benchmark test designed to evaluate AI models on their linguistic skills and understanding of Indian cultural context across multiple languages and domains.
• Why:
  • The initiative aims to create a standard benchmark for Indic language models and promote AI development that reflects India’s cultural and linguistic diversity.
• Tell me more:
  • IndQA includes 2,278 questions across 12 languages and 10 cultural domains, created with the help of 261 experts from across India.
  • The test covers topics such as Architecture, Arts, Food, Literature, Religion, Law, and Sports, among others.
  • Languages used include Bengali, English, Hindi, Hinglish, Kannada, Marathi, Odia, Telugu, Gujarati, Malayalam, Punjabi, and Tamil.
  • Each question includes an English translation and an expert-approved ideal answer, with grading based on a detailed rubric.
  • Two prototype satellites are expected to be launched by early 2027 to test TPU operations in orbit.

Source: IE

5. Public Sector Banks Report Record Profit of ₹49,456 Crore in Q2 FY26

• What:
  • Public sector banks (PSBs) led by the State Bank of India (SBI) posted a record cumulative profit of ₹49,456 crore in the second quarter of FY26, reflecting a 9% year-on-year growth.
• Why:
  • The increase in profit highlights improved financial performance, strong earnings growth, and better asset quality among PSBs.
• Tell me more:
  • In Q2 FY25, the 12 PSBs together recorded a profit of ₹45,547 crore, marking an increase of ₹3,909 crore this year.
  • SBI contributed 40% of total profits, reporting ₹20,160 crore — a 10% rise compared to the same quarter last year.
  • Indian Overseas Bank recorded the highest profit growth of 58% at ₹1,226 crore, followed by Central Bank of India with a 33% rise to ₹1,213 crore.
  • Bank of Baroda and Union Bank of India were the only PSBs to report declines of 8% and 10%, respectively.
  • For the first half of FY26, PSBs collectively earned ₹93,674 crore, a 10% rise from ₹85,520 crore in the same period last year.

Source: BS

Defence News

1. Indian Navy Commissions Survey Vessel ‘Ikshak’ at Kochi

• What:
  • The Indian Navy commissioned Ikshak, the third vessel of the Survey Vessel (Large) [SVL] class and the first to be based at the Southern Naval Command.
• Why:
  • The vessel aims to enhance India’s hydrographic survey capabilities and strengthen maritime safety by enabling accurate charting of ports, harbours, and navigational routes.
• Tell me more:
  • The commissioning ceremony was held at the Naval Base in Kochi in the presence of Admiral Dinesh K Tripathi, Chief of the Naval Staff.
  • Ikshak was built by Garden Reach Shipbuilders and Engineers (GRSE) Ltd., Kolkata, with over 80% indigenous content.
  • The vessel is equipped with advanced hydrographic and oceanographic instruments, including a multi-beam echo sounder, Autonomous Underwater Vehicle (AUV), Remotely Operated Vehicle (ROV), and four Survey Motor Boats (SMBs).
  • The ship’s name, Ikshak, meaning ‘Guide’ in Sanskrit, reflects its role in guiding safe navigation.

Source: PIB

Science and Technology

1. NASA and ISRO to Declare NISAR Satellite Operational

• What:
  • NASA and ISRO will jointly declare their first co-developed satellite, the NASA-ISRO Synthetic Aperture Radar (NISAR), operational on November 7.
• Why:
  • The mission aims to enhance Earth observation by monitoring land and ice surfaces globally to support research on ecosystems, climate change, and natural resources.
• Tell me more:
  • NISAR was launched on July 30 from ISRO’s Satish Dhawan Space Centre using the GSLV rocket.
  • It is the world’s most expensive Earth observation satellite, weighing 2,400 kg.
  • The satellite uses two radar systems — L-Band and S-Band — to capture data on forests, soil moisture, agriculture, snow, and ice.

Source: BS

Awards

1. Sri Sri Ravi Shankar Receives 2025 World Leader for Peace Award

• What:
  • Gurudev Sri Sri Ravi Shankar was honoured with the 2025 World Leader for Peace and Security Award by the Boston Global Forum (BGF) and the AI World Society (AIWS).
• Tell me more:
  • The award was established in 2015 to honour leaders who promote moral courage, ethical governance, and compassion in global affairs.
  • Past recipients include Shinzo Abe, Angela Merkel, Ban Ki-moon, Sauli Niinisto, Volodymyr Zelenskyy and the people of Ukraine, and Emmanuel Macron.
  • Sri Sri Ravi Shankar was recognised for his peace efforts in regions such as Colombia, Iraq, Sri Lanka, Myanmar, Venezuela, and Kashmir.
  • Through The Art of Living Foundation, he has led global programmes in 180 countries focusing on stress reduction, prisoner rehabilitation, environment, and education.

Source: TOI

2. FIFA Introduces New Annual FIFA Peace Prize

• What:
  • FIFA has announced the creation of a new annual award called the FIFA Peace Prize, which will be presented for the first time during the 2026 World Cup draw in Washington.
• Why:
  • The award aims to recognise individuals who use football to unite people and spread hope for future generations.
• Tell me more:
  • FIFA President Gianni Infantino stated that football stands for peace and the award reflects the sport’s global unity.
  • The announcement came ahead of Infantino’s appearance at the America Business Forum in Miami, where US President Donald Trump and footballer Lionel Messi were also speakers.
  • The 2026 World Cup draw will be held on December 5 at the Kennedy Center in Washington, D.C.
  • The 2026 World Cup will be co-hosted by the United States, Canada, and Mexico from June 11 to July 19.

Source: TOI

Important Days

1. Janjatiya Gaurav Varsh Pakhwada Begins Nationwide from 1st-15th November 2025

• What:
  • The Janjatiya Gaurav Varsh Pakhwada, celebrating the valour and contributions of tribal heroes, began across India from 1st to 15th November 2025.
• Why:
  • The celebration aims to honour the sacrifices, culture, and heritage of India’s tribal communities and commemorate the 150th birth anniversary of Bhagwan Birsa Munda.
• Tell me more:
  • The fortnight-long celebration is part of the year-long Janjatiya Gaurav Varsh observance announced by Prime Minister Narendra Modi.
  • The celebrations will conclude with the observance of Janjatiya Gaurav Diwas on 15th November 2025.
  • Gujarat hosted a National Seminar on Bhagwan Birsa Munda’s life at Ekta Nagar, with participation from over 600 academicians and tribal leaders.

Source: PIB

2. International Day for Preventing the Exploitation of the Environment in War and Armed Conflict 2025 – November 6

Source: UN

Appointments

1. S Sankarasubramanian Appointed Chairman of Fertiliser Association of India

• What:
  • The Board of Directors of the Fertiliser Association of India (FAI) has elected S Sankarasubramanian, Managing Director and CEO of Coromandel International, as its new Chairman.
• Tell me more:
  • S Sankarasubramanian was earlier the Co-Chairman of FAI and Chairman of its Southern Region.
  • S Sankarasubramanian holds a mathematics degree from the University of Madras and is a member of the Institute of Cost and Management Accountants of India.
  • Siba Prasad Mohanty, Managing Director of Hindustan Urvarak and Rasayan Ltd, will now serve as the sole Co-Chairman of FAI.

Source: BS

2. Ghazala Hashmi Becomes First Indian-American Lieutenant Governor of Virginia

• Democrat Ghazala Hashmi won the lieutenant governor’s race in Virginia, becoming the first Indian-American and first Muslim to hold a statewide office in the state.
• Ghazala Hashmi was born in Hyderabad and moved to the US at the age of four, settling in Georgia.
• She holds a PhD in American literature and worked as a professor at the University of Richmond and Reynolds Community College.

Source: TOI

Miscellaneous

1. Former US Vice President Dick Cheney Passes Away at 84

• Former US Vice President and businessman Dick Cheney passed away at the age of 84 due to complications from pneumonia and heart and blood vessel disease.
• Cheney served as US Vice President under President George W. Bush from 2001 to 2009.

Source: TOI

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