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Daily Current Affairs 19th December 2025 Daily GK Update
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National News
NCDEX Gets SEBI Nod to Launch Mutual Fund Transaction Platform
- NCDEX has received in-principle approval from SEBI to launch a Mutual Fund (MF) transaction platform, marking a significant step in its strategy to become a diversified, multi-asset market infrastructure institution.
- The exchange will facilitate mutual fund subscription and redemption through an exchange-led framework, with a focus on low-denomination Systematic Investment Plans (SIPs) to improve access for a broader investor base.
- National Commodity Clearing Limited (NCCL) will manage clearing and settlement of MF transactions, while the platform also serves as a strategic precursor to NCDEX’s planned entry into equity and equity derivatives markets.
About Securities and Exchange Board of India (SEBI)
- Founded – 12 April 1988
- Act – 1992
- Headquarters – Mumbai
- Chairman – Tuhin Kanta Pandey (replace Madhabi Puri Buch)
- SEBI Set up – Uday Kotak committee
President Droupadi Murmu Inaugurates Param Vir Dirgha at Rashtrapati Bhavan on Vijay Diwas
- President Droupadi Murmu inaugurated the Param Vir Dirgha at Rashtrapati Bhavan on Vijay Diwas, featuring portraits of all 21 Param Vir Chakra awardees to honour India’s bravest soldiers.
- The gallery aims to educate visitors about the courage, valour, and self-sacrifice of Indian heroes, replacing colonial-era portraits of British ADCs with India’s own military legends, reflecting pride in the nation’s culture and heritage.
- Observed on December 16, Vijay Diwas commemorates India’s victory in the 1971 war, which led to the liberation of Bangladesh, highlighting the joint efforts of the Indian Armed Forces and Mukti Bahini in reshaping South Asia’s history.
Ponduru Khadi from Andhra Pradesh Receives Geographical Indication (GI) Tag
- Ponduru Khadi, the traditional handspun and handwoven cotton fabric from Andhra Pradesh, has been awarded the Geographical Indication (GI) tag by the Geographical Indications Registry.
- Locally known as Patnulu, Ponduru Khadi is produced exclusively in Ponduru village, Srikakulam district, showcasing the area’s rich textile heritage.
- The fabric has been nominated under the One District One Product (ODOP) scheme, highlighting its importance for Srikakulam’s economy and cultural identity.
About Andhra Pradesh
- Capital – Amaravati
- Chief Minister – N Chandrababu Naidu
- Deputy CM – Pawan Kalyan
- Governor – Abdul Nazeer
Bihar: Motihari Police Roll Out ‘Abhaya Brigade’ to Curb Harassment Near Schools and Colleges
- Bihar, Motihari Police launched the ‘Abhaya Brigade’ to ensure the safety of women and girl students, with strict action including arrest and jail for miscreants harassing female students around schools, colleges and coaching centres.
- Special Abhaya Brigade teams have been formed in nearly all 50 police stations of East Champaran, each comprising women officers and constables, and have begun regular patrolling in uniform and plain clothes.
- The initiative, flagged off by SP Swarn Prabhat and formed under the directions of Deputy CM & Home Minister Samrat Choudhary, follows a zero-tolerance policy against crimes against women, focusing on preventing harassment, molestation, kidnapping and trafficking.
About Bihar
- Formation – 22 March 1912
- Capital – Patna
- Chief Minister – Nitish Kumar
- Governor – Arif Mohammed Khan
- Rajya Sabha – 16 seats
- Lok Sabha – 40 seats
Gujarat’s Mitiyaj Becomes First Village to Run Gram Panchayat Office at Night
- Mitiyaj Gram Panchayat in Gir Somnath district has become the first in Gujarat to operate at night, keeping the panchayat office open from 8:30 pm to 10:00 pm to make governance accessible for working villagers.
- The initiative, taken by Sarpanch Surpal Singh Barad, addresses the needs of farmers and daily wage labourers, enabling them to access essential services without losing daytime wages.
- Sarpanch Barad personally attends the night office hours, ensuring quick grievance redressal and smooth delivery of welfare services such as ration cards, Aadhaar work, pensions, and government schemes.
About Gujarat
- Capital- Gandhinagar
- Chief Minister- Bhupendra Rajnikant Patel
- Governor- Acharya Devvrat
Haryana CM Nayab Singh Saini Announces Hansi as 23rd District of the State
- Haryana CM Nayab Singh Saini announced Hansi as the 23rd district of the state, increasing Haryana’s total districts from 22 to 23, during a Vikas Rally in Hansi.
- It was in 2016 that the Haryana government put forward a proposal to carve the new Hansi district out of the Hisar district.
- The move is expected to improve governance, streamline public services, and accelerate overall development, addressing the demands of residents and local leaders.
- Since Haryana’s formation in 1966 with seven districts, new districts have been added over time; with Hansi’s inclusion, the state will now have 23 districts, enhancing administrative reach and focus on local needs.
About Haryana
- Capital – Chandigarh
- Chief Minister – Nayab Singh Saini(11th)
- Governor – Ashim Kumar Ghosh (replace Bandaru Dattatreya)
India’s Unemployment Rate Drops to 4.7% in November
- India’s overall unemployment rate (UR) fell to 7% in November 2025, the lowest level since April, for individuals aged 15 years and above, reflecting an improvement in the job market.
- Rural unemployment dropped to 3.9%, while urban unemployment fell to 6.5%, matching the lowest urban unemployment recorded earlier this year, according to MoSPI data.
- Labour Force Participation Rate (LFPR) increased to 55.8% overall, with rural LFPR rising to 58.6% and urban LFPR slightly dipping to 50.4%, indicating more people actively engaging in the workforce.
International News
Italy Becomes First Country to Have Entire National Cuisine Recognized by UNESCO
- Italy became the first country in the world to have its entire national cuisine recognised by UNESCO as part of the Intangible Cultural Heritage in December 2025.
- The recognition highlights Italian cuisine as a living tradition encompassing diverse practices like pasta, cheese, wine, desserts, and regional foods, emphasising community bonding and intergenerational knowledge transfer.
- While Italy already has 21 elements on UNESCO’s intangible heritage list, this is the first time a whole country’s cuisine has been recognized, reflecting the importance of food in culture, identity, and social life.
About Italy
- Capital- Rome
- Currency- Euro
- President- Sergio Mattarella
- Prime Minister- Georgia Meloni
Banking & Financial News
RBI Approves HDFC Bank to Acquire Up to 9.5% Stake in IndusInd Bank
- The Reserve Bank of India has approved HDFC Bank, along with its group entities, to acquire an aggregate holding of up to 9.5% of the paid-up share capital or voting rights in IndusInd Bank.
- The approval is valid for one year till December 14, 2026, with the condition that HDFC Bank’s aggregate holding must not exceed 9.5% at any time; any increase from below 5% will require prior RBI approval.
- RBI has clarified that HDFC Bank will not have any representation on the Board of IndusInd Bank, ensuring regulatory compliance and governance safeguards.
Appointments
Government Extends SBI MD Ashwini Kumar Tewari’s Tenure by Two Years
- The Government has extended the tenure of State Bank of India (SBI) Managing Director Ashwini Kumar Tewari for another two years, marking his second such extension after the first in 2024.
- As per the regulatory filing, Tewari’s term has been extended beyond January 27, 2026, and will now continue till his superannuation on December 31, 2027; he was initially appointed MD in January 2021.
- The SBI Board is led by a Chairman and supported by four Managing Directors, with Ashwini Kumar Tewari continuing as one of the key members of the top management.
Shashwat Sharma to Become MD & CEO of Airtel Idnofrom January 2026
- Shashwat Sharma has been appointed as Managing Director & CEO of Airtel India, effective 1 January 2026, for a five-year term.
- Gopal Vittal will take over as Executive Vice Chairman and whole-time director from 1 January 2026 for five years, while the appointments were approved by Airtel’s board following HR and Nomination Committee recommendations.
- The board also approved key finance and compliance changes, with Soumen Ray becoming Group CFO, Akhil Garg appointed CFO of Airtel India, and Rohit Krishan Puri named Company Secretary & Compliance Officer from January 2026.
Sports
Shafali Verma Named ICC Women’s Player of the Month After World Cup Final Heroics
- India opener Shafali Verma was named ICC Women’s Player of the Month for November, while South Africa spinner Simon Harmer won the award in the men’s category for his standout bowling performance against India.
- Shafali played a decisive innings of 87 runs off 78 balls in the Women’s World Cup final against South Africa in Navi Mumbai, the highest score by an Indian opener in a World Cup final, helping India post 298/7.
ICC Men’s Player of the Month
- August 2025 – Mohammed Siraj (India)
- September 2025 – Abhishek Sharma (India)
- October 2025 – Senuran Muthusam (South Africa)
ICC Women’s Player of the Month
- August 2025 – Orla Prendergast (Ireland)
- September 2025 – Smriti Mandhana (India)
- October 2025 – Laura Wolvaardt (South Africa)
Awards
PM Modi Receives Ethiopia’s Highest Civilian Honour, “The Great Honour Nishan of Ethiopia”
- Prime Minister Narendra Modi received Ethiopia’s highest civilian honour, “The Great Honour Nishan of Ethiopia,” from Ethiopian PM Abiy Ahmed Ali at the Addis International Convention Centre.
- The award acknowledges Modi’s exceptional contribution to strengthening India–Ethiopia relations and his influence in global leadership.
- Modi became the first head of state or government worldwide to receive this honour and dedicated it to India’s 1.4 billion people.
- It is also the 28th top foreign state honour conferred on him by a foreign nation.
PM Modi Conferred Oman’s Highest Civilian Honour ‘The First Class of the Order Award’
- Prime Minister Narendra Modi was conferred Oman’s highest civilian honour — The First Class of the Order of Oman by Sultan Haitham bin Tariq during his official visit to Muscat, recognising his contributions to strengthening bilateral ties between India and Oman.
- The award, traditionally given to eminent global leaders, marks a significant diplomatic recognition and places PM Modi among an elite group of world figures who have received this prestigious honour.
- This accolade is Modi’s 29th global honour, further underscoring his stature as a globally respected statesman.
Obituary
Veteran Karnataka MLA Shamanur Shivashankarappa Passes Away at 94
- Davanagere South MLA and former Karnataka minister Shamanur Shivashankarappa passed away at 94 on Sunday evening at Sparsh Hospital, Bengaluru, after battling prolonged illness.
- India’s oldest sitting legislator, Shivashankarappa served as a six-time MLA, former MP and minister, and long-time Congress treasurer, while also transforming Davanagere into an education hub through the Bapuji Educational Association; his last rites will be held in Davanagere.
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