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Daily Current Affairs 6th and 7th December 2025 Daily GK Update
Current Affairs Quiz 2025, Daily gk updates and Current affairs play a major role in any competitive exam. so here we are providing the current affairs quiz daily for Bank, SSC, Railway and Other Government Competitive Examinations.
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National News
46th IASP Annual Conference Inaugurated at Kolkata’s Anthropological Survey of India
- The 46th Annual Conference of the Indian Association for the Study of Population (IASP) was inaugurated at the Anthropological Survey of India (AnSI), Kolkata, focusing on demographic drivers of India’s inclusive growth.
- The three-day conference (27–29 November 2025) is organised jointly by IASP, National Atlas & Thematic Mapping Organisation (NATMO), and in collaboration with AnSI.
- The conference is held under the theme “People, Planet, Prosperity: Demographic Drivers of India’s Inclusive Growth,” bringing together experts and policymakers to deliberate on population and development issues.
India Launches Its First All-Electric Green Tug Project
- Sarbananda Sonowal flagged off the steel-cutting ceremony for India’s first all-electric green tug — marking the beginning of the country’s move toward green maritime operations.
- The tug — being built for Deendayal Port Authority (DPA), Kandla under the Green Tug Transition Programme (GTTP) — will feature a 60-ton bollard pull, electric propulsion, zero carbon emissions, and silent operations.
- The GTTP plans to induct a total of 50 green tugs by 2030, with 16 to be deployed in the first phase (2024–2027), making this tug the first concrete step in that roadmap.
- Officials say the new electric tug will set a benchmark for next-generation fleet modernisation at India’s major ports — cutting operational costs, improving energy efficiency, and supporting the country’s broader push for sustainable port infrastructure.
AIM–NITI Aayog and Hitachi MGRM Net Launch AI-Powered “MStar Global AI Connect” to Build India’s Nationwide Innovation Backbone
- AIM–NITI Aayog and Hitachi MGRM Net Ltd. signed a Statement of Intent (SoI) to develop “MStar™ Global AI Connect”, an AI-driven single innovation platform to boost innovation and entrepreneurship across India.
- The partnership aims to build a federated national digital innovation backbone, connecting rural, urban, and suburban schools with mentors, incubators, accelerators, research institutions, and industry under the vision of “Viksit Bharat”.
- The initiative will strengthen the school-to-startup pipeline, enable virtual ATLs/AICs, support ideation-to-pilot workflows, enhance IP creation, and accelerate lab-to-market translation of Indian innovations.
- Leaders from both sides emphasized that the collaboration will democratize access to innovation, nurture young talent, improve frontier-technology skills, and create an inclusive, multilingual, scalable innovation ecosystem for India’s future.
DoT Withdraws Mandatory Sanchar Saathi App Order Amid Public Backlash and Rising Security Concerns
- The Department of Telecommunications (DoT) withdrew its order requiring smartphone manufacturers to preload the Sanchar Saathi app from next year, after public backlash and a surge in voluntary downloads.
- The initial mandate—issued under newly expanded powers regulating Telecommunication Identifier User Entities (TIUE)—triggered strong criticism from civil society, internet users, and the Opposition for attempting to install a government app without user consent.
- Communications Minister Jyotiraditya Scindia defended Sanchar Saathi in Parliament, noting that it helped disconnect 1.5 crore fraudulent mobile connections and trace 26 lakh lost phones, but added that the government was open to revising orders based on public feedback.
- The withdrawn directive was one of multiple new DoT orders issued after changes to the Telecom Cyber Security Rules, including instructions to platforms like WhatsApp to restrict usage without the registered SIM and to integrate DoT’s Financial Fraud Risk Indicator and blacklist database for immediate deactivation of suspicious accounts.
India Hosts 18th Global Forum Plenary
- Finance Minister Nirmala Sitharaman inaugurated the 18th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, hosted in New Delhi from 2–5 December 2025, under the theme “Tax Transparency: Delivering a Shared Vision Through International Cooperation.”
- Finance Minister Nirmala Sitharaman emphasised that tax transparency is vital for fairness, responsible governance, and sustainable development, highlighting India’s progress in voluntary compliance through clarity, simplification, and trust-building.
- The Global Forum, with 172 member jurisdictions, plays a key role in combating tax evasion and illicit financial flows, while India has strengthened its enforcement through AEOI, EOIR, Black Money Act, Benami Act, and advanced data analytics.
PM-WANI Scheme Empowers Public Wi-Fi Expansion with 3.9 Lakh Hotspots, Key Reforms Boost Accessibility and Affordability
- The Wi-Fi Access Network Interface (PM-WANI) scheme was approved on 9th December 2020 to accelerate broadband proliferation across India via Public Wi-Fi networks, aligning with the National Digital Communications Policy (NDCP) 2018 and enabling Public Data Offices (PDOs) to set up Wi-Fi hotspots under PDO Aggregators (PDOAs).
- As of 26th November 2025, India has 3,91,599 active PM-WANI Wi-Fi hotspots, delivered by PDOs, facilitating affordable and widespread internet access across urban and rural areas.
- Key reforms introduced on 16th September 2024 allow PDOs to offer PM-WANI via regular FTTH connections, aggregate multiple access points to a single backhaul, enable existing home/business Wi-Fi to join PM-WANI, allow roaming between PDOAs, and support mobile data offloading with telecom operators.
- TRAI’s 71st Amendment Order, 2025 mandates that retail FTTH broadband plans up to 200 Mbps must be offered to PDOs at tariffs not exceeding twice the corresponding consumer broadband price, ensuring cost-effective access for public Wi-Fi expansion.
- Hardware and software under PM-WANI are procured by stakeholders (PDOs, PDOAs, and App providers) and must be PM-WANI compliant and certified by CDOT, ensuring interoperability, security, and adherence to regulatory guidelines.
Retail Sale Price Now Mandatory on All Pan Masala Packs from February 2026
- From 1st February 2026, all pan masala packages, including small packs of 10 grams or less, must display the Retail Sale Price (RSP) along with all declarations required under the Legal Metrology (Packaged Commodities) Rules, 2011.
- The earlier proviso under Rule 26(a), which allowed small packs to avoid certain declarations, has been withdrawn, ensuring full compliance for all pack sizes.
- The amendment ensures transparent pricing, prevents misleading or deceptive labeling on smaller packs, and enables consumers to make better informed purchasing decisions.
- By mandating RSP on all packs, the amendment supports effective implementation of RSP-based GST, allowing accurate tax assessment and revenue collection across all pack sizes.
Banking & Financial News
S&P Upgrades India’s Insolvency Regime to ‘B’ as IBC Boosts Recovery Rates and Cuts Resolution Time
- S&P Global Ratings upgraded India’s insolvency regime ranking from ‘C’ to ‘B’, citing stronger creditor-led resolutions and improvements under the Insolvency and Bankruptcy Code (IBC).
- Average recovery rates under IBC have risen to over 30%, compared to just 15–20% under the previous insolvency framework, showing better outcomes for creditors.
- The upgrade reflects a shift in India’s bankruptcy framework assessment from “weak” to “medium” creditor-friendly, indicating higher predictability and stronger protection of creditor interests.
- IBC has significantly reduced the average resolution time for stressed assets to around two years, down from 6–8 years earlier, helping secured creditors recover far more than unsecured creditors.
Fitch Raises India’s FY26 GDP Forecast to 7.4% Boosted by GST Reforms and Strong Consumer Spending
- Fitch Ratings raised India’s FY26 GDP growth forecast to 7.4% from 6.9%, citing higher consumer spending and improved sentiment following GST reforms.
- The agency noted falling inflation provides RBI room for another policy rate cut in December to 5.25%, after 100 basis points of reductions in 2025 so far.
- GDP growth accelerated to 8.2% in Q2 (July–September) from 7.8% in Q1, supported by GST rate cuts on 375 items, making over 99% of consumption goods cheaper; Fitch projects growth to slow to 6.4% in FY27.
GDP Projection List 2025
- Fitch Rating – 7.4% (FY25)
- Ind-Ra – 7% (FY26)
- CRISIL – 7% (FY26)
- IMF –6.4% (FY26); 6.2% (FY27)
- World Bank – 6.5% (FY26)
- EY – 6.7% (FY26)
- S&P Global Ratings – 6.5% (FY26)
- SBI – 6.35 (FY26)
Appointments
Suparna Mitra Appointed MD & CEO of TeamLease Services
- Suparna Mitra to join TeamLease Services as Managing Director & CEO effective 2 February 2026, marking a planned leadership transition.
- She will succeed Ashok Reddy, the current MD & CEO, as part of the company’s long-term succession and governance strategy.
- Vice-Chairman Manish Sabharwal will step down from executive duties but continue on the board as a non-executive, non-independent director.
RBI Approves Vikram Sahu as CEO of Bank of America India
- The Reserve Bank of India (RBI) has approved Vikram Sahu as the new CEO of Bank of America NA (BoFA) in India.
- Sahu will take on this role in addition to his current position as India Country Executive.
- Sahu replaced Kaku Nakhate, who served as the bank CEO for about 15 years.
- The appointment was confirmed through an internal memo circulated by the US-headquartered bank to its employees.
Recent Appointments in Banking & Insurance Sector
- Managing Director of LIC – Ramakrishnan Chander (till 30 Sep 2027)
- ED of Union Bank of India – Amresh Prasad
- ED of Central Bank of India – Ratan Kumar
- ED of Bank of India – Pramod Kumar Dwibedi
- Part-Time Chairperson of Jana Small Finance Bank – Chitra Talwar (replace Mr R. Ramaseshan);effect from 8 Feb 2026
Arun Kumar Singh Gets Rare One-Year Extension as ONGC Chairman
- Arun Kumar Singh has received a rare one-year extension as ONGC Chairman, reflecting the government’s intent to maintain leadership continuity during the company’s turnaround in crude oil and gas production.
- With this extension, Singh will continue in office until December 6, 2026, marking an unusually long tenure for a PSU head.
- Appointed in 2022 just before turning 60, Singh’s new term—approved by the Appointments Committee of the Cabinet—allows him to serve until age 64, making him one of the oldest executives to lead a major public sector enterprise.
About Oil and Natural Gas Corporation Limited
- Founded- 14 August 1956
- Headquarters- Delhi
- Ministry- Ministry of Petroleum and Natural Gas
- Minister- Hardeep Singh Puri
PNB Appoints Harmanpreet Kaur as Its First Female Brand Ambassador
- Punjab National Bank (PNB) has appointed Harmanpreet Kaur, captain of the Indian women’s cricket team, as its first-ever female brand ambassador.
- The partnership highlights PNB’s commitment to promoting women empowerment, leadership, and excellence in sports.
- As brand ambassador, Harmanpreet Kaur will feature in the bank’s marketing and customer outreach campaigns to strengthen its brand visibility and youth connect.
Recent Brand Ambassador
- Indian cricket Abhishek Sharma – United Arab Emirates (NewsVoir) DP World
- Rohit Sharma -ICC Men’s T20 World Cup 2026
- Shafali Verma – Haryana Women’s Commission
- Rahul Dravid – Paradeep Phosphates Limited (PPL)
- Virat Kohli and Anushka Sharma – Fintech firm Pay10
Important Days
4 December – International Day of Banks
- The International Day of Banks is observed on 4 December every year to recognize the critical role of banks in financing sustainable development.
- The day highlights the contribution of the banking sector in supporting economic growth, poverty reduction, and global financial stability.
- It emphasizes the importance of strong, transparent, and resilient banking systems for achieving the UN Sustainable Development Goals (SDGs).
4 December – International Day against Unilateral Coercive Measures
- Observed every year on 4 December, the day raises awareness about the negative impact of unilateral coercive measures (UCMs) imposed by one country on another.
- It highlights how such measures can affect human rights, development, and economic stability, particularly in vulnerable nations.
- The United Nations emphasizes that unilateral sanctions should not hinder access to essential services like healthcare, food, and education.
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