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Daily Current Affairs 27th and 28th September 2025 Daily GK Update
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National News
Kiran Desai Returns to Booker Prize 2025 Shortlist with “The Loneliness of Sonia and Sunny”
- Kiran Desai, Booker Prize-winning author, returned to the Booker Prize 2025 shortlist with her novel “The Loneliness of Sonia and Sunny”, described as a “vast and immersive” story about two young Indians in America.
- The 53-year-old Delhi-born author, who previously won the Booker Prize in 2006 for “The Inheritance of Loss”, spent nearly 20 years writing her latest 667-page novel published by Hamish Hamilton.
- If Desai wins, she would become the fifth double winner in the prize’s 56-year history, and India would achieve a clean sweep of 2025 Booker Prizes, following the International Booker win of Banu Mushtaq and translator Deepa Bhasthi.
- The Booker Prize 2025 winner will be announced on November 10, 2025, at Old Billingsgate in London, with the winner receiving GBP 50,000 and each shortlisted author awarded GBP 2,500 plus a specially bound edition of their book.
29th COCSSO 2025 Inaugurated in Chandigarh to Strengthen Local Level Governance
- The 29th Conference of Central and State Statistical Organizations (COCSSO) 2025 was inaugurated in Chandigarh on 25–26 September, organized by the Ministry of Statistics and Programme Implementation (MoSPI).
- The conference, themed “Strengthening Local Level Governance”, aims to enhance Centre–State coordination for producing reliable, timely, and credible statistics to support evidence-based decision-making.
- Around 350 participants from 30+ States/UTs, Central Ministries, ISI, IASRI, ICAR, World Bank, UN agencies, and other stakeholders attended to deliberate on strengthening statistical systems for Viksit Bharat.
RCPL Signs Rs 40,000-Crore MoU with Food Processing Ministry to Establish Integrated Food Manufacturing Facilities Across India
- Reliance Consumer Products Ltd (RCPL) signed a Rs 40,000-crore MoU with the Ministry of Food Processing Industries at the World Food India 2025 event to establish integrated food manufacturing facilities across India.
- RCPL will invest over Rs 1,500 crore to set up state-of-the-art production units in Katol, Nagpur (Maharashtra) and Kurnool (Andhra Pradesh), incorporating AI-driven automation, robotics, and sustainable technologies.
- Since becoming a direct subsidiary of Reliance Industries, RCPL has grown rapidly into one of India’s fastest-growing FMCG companies, generating revenue of over Rs 11,000 crore in just three years.
- RCPL has expanded its brand portfolio by acquiring Tagz Foods and launching house brands like Campa, Independence, Alan’s, Enzo, and Ravalgaon, while aiming to achieve Rs 1 lakh crore revenue in five years and build a global presence.
International News
Former French President Nicolas Sarkozy Sentenced to 5 Years
- Former French President Nicolas Sarkozy (2007–2012) was sentenced to five years in prison for criminal conspiracy linked to alleged Libyan financing of his 2007 campaign, making him the first post-war French president to face imprisonment.
- Sarkozy, who called the verdict “scandalous” and maintains his innocence, was acquitted of corruption and illegal campaign financing, but the Paris court ruled he allowed aides to seek funds from Libya under Muammar Gaddafi’s regime between 2005–2007.
- The prison sentence is enforceable immediately; Sarkozy is expected to be summoned by October 13 to begin serving his term, possibly at Paris’s La Santé prison.
Banking & Financial News
IndiGo, SBI Card Launch Co-Branded Premium Credit Card to Reward Frequent Flyers
- IndiGo, in collaboration with SBI Card, launched a co-branded premium credit card under the IndiGo BluChip loyalty program, available in two variants: IndiGo SBI Card and IndiGo SBI Card ELITE.
- The card offers rewards on all spends within IndiGo’s ecosystem, as well as on hotel and travel bookings, aiming to enhance travel experiences for frequent flyers.
- SBI Card and IndiGo executives highlighted that the card is designed to provide value, convenience, and rewarding experiences, catering to tech-savvy customers with growing disposable incomes seeking holistic travel benefits.
Standard Chartered, CCIL & IFSCA to Launch Dollar Clearing Facility at GIFT City
- Standard Chartered Bank, in collaboration with Clearing Corporation of India Ltd (CCIL) and International Financial Services Centre Authority (IFSCA), will launch a dollar clearing facility at GIFT City on October 7, 2025, allowing both Indian and foreign banks to participate.
- CEO P.D. Singh highlighted that the bank is focusing on multi-product relationships with clients, offering direct credit, syndication facilities, and private banking, rather than single-product relationships, to drive business growth.
- Standard Chartered is also working on settlements in Indian rupees, particularly targeting transactions along the Middle Eastern corridor, while noting sector-specific corporate loan slowdowns and moderate trade reduction effects.
Bank of Baroda Gets IFSCA Approval to Operate as Trading-Cum-Clearing Member on India International Bullion Exchange at GIFT City
- Bank of Baroda has received approval from IFSCA to operate as a Trading-Cum-Clearing Member (TCM) on the India International Bullion Exchange (IIBX) at GIFT City.
- As a TCM, the bank will execute, clear, and settle bullion trades, enhancing liquidity and efficiency in India’s bullion market.
- The bank’s International Banking Unit (IBU) at GIFT City will act as a strategic hub for bullion trading, leveraging its expertise in treasury, trade finance, and capital markets.
- Bank of Baroda aims to support the transformation of India’s bullion market into a transparent, efficient, and globally competitive platform, strengthening India’s position as a key market maker in global bullion trade.
RBI Imposes Rs 2.7 Lakh Penalty on Muthoot FinCorp for Non-Compliance with Internal Ombudsman Norms
- The Reserve Bank of India (RBI) has imposed a penalty of Rs 2.7 lakh on Muthoot FinCorp Limited for non-compliance with norms related to the Internal Ombudsman.
- The penalty follows a statutory inspection of the company based on its financial position as of March 31, 2024.
- RBI issued a show cause notice to Muthoot FinCorp for failing to comply with its directions, and considered the company’s written and oral submissions before imposing the penalty.
- The non-compliance involved failure to establish an auto-escalation system for complaints partly or wholly rejected by the company’s internal grievance redress mechanism to the Internal Ombudsman.
Recent Penalties imposed on Financial Institution
- Bandhan Bank (₹44.70 Lakh) by RBI – for deficiencies in statutory and regulatory compliance.
- VLCC Ltd. (₹3 lakh) by Central Consumer Protection Authority (CCPA) – for misleading ads on slimming treatments
- Rapido (₹10 lakh) by Central Consumer Protection Authority (CCPA) – for misleading advertisements like “Auto in 5 minutes or Get ₹50” and unfair trade practices.
- ICICI Bank Limited (₹75 lakh) by RBI – for breaching guidelines on property valuation and current account discipline.
Appointments
Tata Motors Appoints Shailesh Chandra as MD & CEO for Three-Year Term
- Tata Motors appointed Shailesh Chandra as Additional Director, MD & CEO for a three-year term effective October 1, 2025; he will also continue to lead Tata Passenger Electric Mobility.
- The appointment follows the resignation of P B Balaji as Group CEO; Balaji will assume charge as CEO of JLR Automotive in the UK from the same date.
- Tata Motors announced restructuring: its commercial vehicles business will be housed in one entity, while passenger vehicles, EVs, JLR, and related investments will form another.
Recent Appointments
- Controller General of Communication Accounts in New Delhi – Vandana Gupta
- Chairman of Coal India Ltd – Sairam (replace P. M. Prasad)
- Chairman of Advertising Standards Council of India (ASCI) – Sudhanshu Vats,
- Secretary of Vice-President C. P. Radhakrishnan – Amit Khare
- Chairman of National Stock Exchange – Injeti Srinivas
Anand Piramal Appointed Chairman of Piramal Finance Following Merger
- Anand Piramal has been appointed Chairman of Piramal Finance, succeeding his father, Ajay Piramal, following the merger of Piramal Enterprises into the company.
- The board approved Anand Piramal’s appointment at its first meeting post-merger, while Ajay Piramal and Swati A Piramal resigned as non-executive chairman and director, respectively; Ajay will continue to chair the Piramal Group.
- Jairam Sridharan has been appointed as MD & CEO of the merged Piramal Finance.
Recent Appointments in Banking & Insurance Sector
- CFO of IndusInd Bank – Viral Damania
- India’s Executive Director at ADB – Satya Srinivas (replace Vikas Sheel)
- MD of SBI by FSIB – Ravi Ranjan (replace Vinay M Tonse)
- Chairman of National Stock Exchange – Injeti Srinivas
- MD & CEO of International Asset Reconstruction Company – Abhishek Maheshwari
Awards
Diljit Dosanjh Bags International Emmy 2025 Nomination for Amar Singh Chamkila
- Diljit Dosanjh earned a nomination at the International Emmy Awards 2025 in the Best Performance by an Actor category for his role in Imtiaz Ali’s biopic “Amar Singh Chamkila”.
- The film also received a nomination in the TV Movie/Mini-Series category, making it the only Indian entry at the awards.
- Dosanjh will compete with David Mitchell (UK), Oriol Pla (Spain), and Diego Vasquez (Colombia), while the film will compete with entries from Germany, the UK, and Chile.
- The 53rd International Emmy Awards gala will be held in New York City on November 24, 2025, featuring 64 nominees across 16 categories from 26 countries.
President Droupadi Murmu Confers National Geoscience Awards 2024
- President Droupadi Murmu presented the National Geoscience Awards 2024 at the Rashtrapati Bhavan Cultural Centre, honouring outstanding contributions in geosciences.
- 20 geoscientists received awards across three categories: Lifetime Achievement (Prof. Shyam Sundar Rai), National Young Geoscientist Award (Shri Susobhan Neogi), and 10 other awards recognising excellence in mineral exploration, applied geosciences, and allied fields.
- The awards reinforce innovation, sustainability, and technological advancement in geosciences, encouraging geoscientists to contribute to India’s mineral and energy security while minimising environmental impact.
Important Days
26 September – International Day for the Total Elimination of Nuclear Weapons
- International Day for the Total Elimination of Nuclear Weapons is observed every year on 26 September, highlighting global efforts toward a world free of nuclear arms.
- The United Nations General Assembly established the day in 2013 (Resolution 68/32) to promote awareness and education on nuclear disarmament.
- The day emphasizes the urgent need to implement treaties like the Non-Proliferation Treaty (NPT) and the Treaty on the Prohibition of Nuclear Weapons (TPNW).
27 September – World Tourism Day
- World Tourism Day is observed annually on 27 September to highlight the importance of tourism and its contributions to society, culture, and the economy.
- Theme 2025 – Tourism and Sustainable Transformation
- The day emphasizes tourism’s role in job creation, cultural exchange, environmental conservation, and economic growth.
28 September – World Rabies Day
- World Rabies Day is observed annually on 28 September to raise awareness about rabies prevention and control.
- The day highlights that rabies is a fatal but preventable disease, mainly transmitted through the bite of infected animals, especially dogs.
- Theme 2025 – Act now: You, Me, Community
- Observances aim to educate communities, strengthen public health initiatives, and achieve the global goal of zero human rabies deaths by 2030.
28 September 2025 – World Rivers Day
- World Rivers Day is observed annually on the fourth Sunday of September to raise awareness about the importance of rivers and the need for their conservation.
- India is home to several scenic and culturally significant rivers, which are also popular travel destinations.
- Famous rivers include the Ganga (Varanasi) for spiritual experiences, the Brahmaputra (Assam) for wildlife and Majuli island, and the Teesta (Sikkim & West Bengal) for adventure activities like river rafting.
- Other notable rivers are the Mandovi (Goa) for cruises and vibrant culture, and the Narmada (Madhya Pradesh) for spectacular sights like Dhuandhar Falls and marble cliff boat rides.
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