Ashwini Kumar Tewari re-appointed as Managing Director of State Bank of India (SBI).
[State Bank of India (SBI)]
Key Updates:
- Ashwini Kumar Tewari has been re-appointed as Managing Director of State Bank of India (SBI) with effect from the date of his assumption of charge beyond his currently notified term ending on January 27 2026, till the date of his superannuation that is December 31 2027.
- This is the second time that Tewari got a two-year extension, the first extension having been granted in 2024.
- He was initially appointed as MD of SBI in January 2021 for a three-year term.
Similar / Past Coverage
- Ravi Ranjan has been appointed as Managing Director of State Bank of India (SBI) with effect from December 15.
- He previously served as Deputy Managing Director of SBI and led the Global Markets division for more than a year.
- His tenure as Managing Director will continue until his superannuation on September 30, 2028, or until further directives, whichever is earlier.
- Rituraj Sinha was the Managing Director of Tata Steel Utilities and Infrastructure Services Limited (UISL).
- He was pronounced dead on arrival at Tata Main Hospital.
- Last rites will be held at Parvati Ghat.
- Ajai Kumar Shukla has been appointed as Managing Director and Chief Executive Officer of PNB Housing Finance for five years starting December 18.
- He succeeds Girish Kousgi, who was seen as a key driver of the company’s push into the affordable housing segment.
- Shukla is currently the chief business officer at Tata Capital Housing Finance and has previously worked with ICICI Bank and LIC Housing Finance.
- Piyush Gupta has been appointed as Temasek Holdings India chairman in an advisory capacity effective December 1, 2025.
- He will work with Ravi Lambah, Temasek's head of India and strategic initiatives, to shape investment strategies and support portfolio companies.
- Gupta previously served as Chief Executive Officer of DBS Group from 2009 until earlier this year.
National Council of Science Museums (NCSM) Won Two PRSI National Awards 2025
[National Council of Science Museums (NCSM)]
Key Updates:
- The National Council of Science Museums (NCSM), operating under the Ministry of Culture, was honored with two PRSI National Awards 2025 by the Public Relations Society of India (PRSI).
- NCSM received the awards in the categories of 'Best Use of Social Media in a Corporate Campaign' for the Har Ghar Museum initiative and 'Special/Prestige Publication Category' for the Waste to Art publication.
- The awards were presented during the 47th All India Public Relations Conference held from December 13 to 15, 2025, in Dehradun, Uttarakhand.
- The theme of the conference was “Empowering Growth, Preserving Roots – The PR Vision for 2047”.
- Shri Rajib Nath, Director (Hqrs.) of NCSM, and Shri Satyajit N. Singh, Public Relations Officer of NCSM, received the awards on behalf of the organization.
- The award-winning Waste to Art initiative involved repurposing over 1,250 kg of waste, including metal scrap and discarded electronics, into art installations and science exhibits.
- The Har Ghar Museum campaign achieved significant digital outreach, recording over 10 million views across platforms and engaging more than 1 million individuals.
Similar / Past Coverage
- India is hosting the 20th Session of the UNESCO Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage (ICH) at the historical Red Fort complex in New Delhi.
- The session is being held from 8 to 13 December 2025.
- The inaugural session of ICH was held on 7th December and was graced by Hon'ble Minister of External Affairs, Dr S. Jaishankar; Hon'ble Minister of Culture & Tourism, Shri Gajendra Singh Shekhawat; Director General UNESCO, Khaled El-Enany; Hon'ble Chief Minister of Delhi, Smt. Rekha Gupta; Secretary, Ministry of Culture, Shri Vivek Aggarwal; Ambassador and Permanent Representative of India to UNESCO, Shri Vishal V. Sharma; and Chairperson, Sangeet Natak Akademi, Ms Sandhya Purecha.
- Delegations from over 180 countries are attending the event.
- The Ministry of Culture, along with its autonomous body, Sangeet Natak Akademi, is the nodal agency for hosting the ICH Session in India.
- The Ministry of Statistics and Programme Implementation (MoSPI) released the National Industrial Classification (NIC) - 2025.
- The release of the National Industrial Classification (NIC) - 2025 took place in New Delhi.
- The National Industrial Classification (NIC) - 2025 was released on 18th November, 2025.
- The releasing body is the Ministry of Statistics and Programme Implementation of the Republic of India.
- CSIR-NIIST Principal Scientist Dr Achu Chandran won Category 1 for his ‘Nano Electricity Generator’ research.
- NTPC R&D wing NETRA bagged Category 2 for advancing ‘Green Use of Coal Technologies’.
- Category 1 carried a cash prize of Rs 1 Lakh while Category 2 carried Rs 10 Lakhs.
- Award-winning entity: National Council of Science Museums (NCSM) for its permanent gallery "On The Edge?" at Science City, Kolkata
- Award bestowed by: CIMUSET (International Committee for Museums and Collections of Science and Technology) during the 27th ICOM General Conference in Dubai
- Gallery specifications: 10,000-square-foot permanent gallery addressing human-induced climate-change causes, impacts, mitigation and adaptation
- Key technologies used: immersive exhibits, augmented reality, virtual reality, and an interactive LED wall to convey climate impacts and solutions
- Visitor outreach: over one million visitors since inauguration on January 11, 2025, with regular student-group outreach promoting climate literacy
Pension Fund Regulatory and Development Authority (PFRDA) reduces mandatory annuity purchase to 20% for non-government NPS subscribers.
[Pension Fund Regulatory and Development Authority (PFRDA)]
Key Updates:
- Non-government subscribers under All Citizen Model and Corporate NPS can now withdraw up to 80% of corpus as lump sum.
- Mandatory annuity purchase requirement reduced from 40% to 20% of accumulated pension wealth.
- For corpus up to ₹8 lakh, entire amount can be withdrawn as lump sum with annuity purchase optional up to 20%.
- For corpus between ₹8 lakh and ₹12 lakh, lump sum withdrawal capped at ₹6 lakh with balance available for annuity or systematic unit withdrawal over six years.
- For corpus above ₹12 lakh, minimum 20% must be used for annuity purchase while up to 80% can be withdrawn as lump sum.
Similar / Past Coverage
- Scheme Name: Unified Pension Scheme (UPS) under National Pension System (NPS) for Central Government employees.
- Forfeiture Rule: Resignation from service leads to forfeiture of the assured payout under UPS, unless the resignation is withdrawn in the public interest by the appointing authority. (Rule 15, Central Civil Services (Implementation of Unified Pension Scheme under the National Pension System) Rules, 2025)
- Lump Sum Payment: The accumulated pension wealth in the individual corpus is payable as a lump sum, processed 90 days after the resignation takes effect.
- Death Clause: If the subscriber dies within the 90-day period post-resignation, the accumulated pension wealth is paid to the legally wedded spouse or, if none, to legal heirs.
- The Employees' Provident Fund Organisation has set up a four-member committee for cadre restructuring of the retirement fund body.
- The committee, headed by BP Sharma, the former secretary of the department of personnel and training, will submit its report by March 31, 2026.
- It will undertake a comprehensive review of the existing workload of EPFO, identify imbalances, overlaps and inefficiencies in the present workforce structure and evaluate the requirement for rationalisation, optimisation or augmentation of human resources in line with functional necessities.
- The committee will benchmark the cadre structure of officers and employees of the central board and recommend appropriate restructuring measures to enhance efficiency, service delivery and institutional effectiveness, while ensuring that manpower deployment remains commensurate with the functional workload.
- It will recommend a suitable framework for induction of officers on deputation from the central government and other public institutions for bringing in talent, best practices, and cross-sectoral expertise to EPFO.
- The committee will also recommend a framework for EPFO officers and staff to go on deputation or exchange programmes to other organisations to facilitate exposure to new ideas, professional development, and adoption of innovative practices.
- **Scheme Name:** "Employee Enrollment Scheme 2025"
- **Rolled out by:** "Labour and employment minister Mansukh Mandaviya"
- **Aim:** "aimed at encouraging employers to voluntarily declare and enrol eligible employees under the Employees’ Provident Fund Organisation"
- **Operational Date:** "Operational from November 1, 2025"
- **Key Provision (Employer Contribution):** "employers will not be required to remit the employee’s share of contribution if not deducted earlier"
- **Key Provision (Penal Damages):** "only nominal penal damages of Rs 100 will apply"
- **Broader Goals:** "The scheme seeks to enhance workforce formalisation and promote ease of doing business"
- The Union Cabinet has approved Nutrient Based Subsidy (NBS) rates for Rabi season 2025-26 on Phosphatic and Potassic fertilisers.
- This decision, effective from October 1, 2025, aims to ensure affordable availability of key fertilisers like DAP and NPKS for farmers.
- The estimated budgetary requirement for the Rabi 2025-26 season is Rs 37,952.29 crore.
- Under the approved NBS rates, the subsidy has been fixed at Rs 43.02 per kg for Nitrogen (N), Rs 47.96 per kg for Phosphorous (P), Rs 2.38 per kg for Potash (K), and Rs 2.87 per kg for Sulphur (S) for the current Rabi season.
- Under the NBS scheme, which has been in effect since April 1, 2010, the government provides subsidies on 28 grades of P&K fertilisers, including DAP, through fertiliser manufacturers and importers.
Union Minister for Home and Cooperation Amit Shah launches Sahakar Sarathi to digitally empower rural cooperative banks.
[Union Minister for Home and Cooperation]
Key Updates:
- Sahakar Sarathi Private Limited is a shared-services technology platform designed to revolutionise India’s rural cooperative banking ecosystem.
- The platform unveiled 14 digital products including Sahakar Setu, digiKCC, ePACS, Cooperative Governance Index and the World’s Largest Grain Storage Plan Portal.
- Expert-as-a-Service modules launched under the platform are CISO Sarathi, Tax Sarathi, CBS Sarathi, Regulatory Compliance Sarathi and Shiksha Sarathi.
- Additional services include AI-driven Cross Sell Sarathi, Campaign Sarathi, unified Collections Sarathi call-centre service and bank.in migration support.
- NABARD–BCG report The Future of Rural Banking released, outlining a strategic roadmap to enhance rural credit and strengthen cooperative banking institutions.
- Rural economy budget has grown 3.75 times since 2014, reflecting the government’s commitment to India’s villages.
- Government targets 50 crore Indians participating in cooperatives, tripling their contribution to India’s GDP.
Similar / Past Coverage
- Union Home & Cooperation Minister Amit Shah launched over 13 new services and products under the ‘Sahakar Sarathi’ initiative.
- New offerings include Digi KCC, Campaign Sarathi, Website Sarathi, Cooperative Governance Index, ePACS, the World’s Largest Grain Storage Application, Shiksha Sarathi and Sarathi Technology Forum.
- The Ministry of Cooperation aims to establish a cooperative institution in every Panchayat, expand cooperative membership to more than 50 crore people and increase the sector’s contribution to GDP.
- Union Cooperation Minister Amit Shah launched two mobile applications — Sahakar Digi Pay and Sahakar Digi Loan — for urban cooperative banks.
- The objective of these apps is to promote digital payment adoption, which is described as "essential for their survival in an increasingly cashless economy."
- The government's efforts include professionalising urban cooperative banks (UCBs) and cooperative credit societies.
- A target was set to onboard 1,500 urban cooperative banks to the digital platform within two years.
- The minister set an ambitious target for NAFCUB — to establish at least one additional UCB in every town with a population exceeding two lakh within five years.
- The federation (NAFCUB) was directed to convert successful cooperative credit societies into UCBs.
- Since the formation of a separate cooperation ministry in 2021-22, the central government has undertaken several policy reforms to modernise the sector.
- Model bylaws for Primary Agricultural Credit Societies (PACS) were framed, which all states adopted, enabling PACS to computerise and expand services.
- South Indian Bank has launched a premium savings account exclusively for women, branded as SIB HER Account.
- The account offers higher savings interest through an auto-sweep facility on balances above ₹1 lakh and unlimited ATM withdrawals.
- It includes complimentary airport lounge access, free air accident insurance of ₹1 crore, and personal accident cover of ₹1 lakh.
- Customers can access cancer care insurance of up to ₹25 lakh at discounted premiums and receive concessions on retail loans, including housing, vehicle and business loans designed for women.
- The SIB HER Account is available to both domestic and NRI customers and allows women account holders to add up to three free family accounts.
- Account holders receive a 50% waiver on locker rentals along with shopping, wellness and lifestyle offers.
- The account requires a monthly balance of ₹50,000, which can be waived if customers maintain a fixed deposit of ₹1 lakh or achieve debit card spending of ₹50,000 in the prior month.
- Union Home and Cooperation Minister Amit Shah inaugurates Co-op Kumbh 2025 in New Delhi.
- Co-op Kumbh 2025 is an International Conference on the Urban Cooperative Credit Sector.
- The two-day conference is being jointly organised by the National Federation of Urban Co-operative Banks and Credit Societies (NAFCUB) and the Ministry of Cooperation.
- The theme of the conference is Digitalising Dreams – Empowering Communities.
- Mr Shah said the aim should be to establish an Urban Cooperative Bank in every town with a population of more than two lakh within five years.
- Tribhuvan Cooperative University has been established to connect the younger generation with cooperatives and also to prepare professionals for the cooperative sector.
- The Government of India has made model bylaws for Primary Agricultural Credit Societies PACS and these have been adopted by every state.
- Sahakar DigiPay and Sahakar DigiLoan Apps, which have been launched, will enable even the smallest urban cooperative societies to join the new era of digital payments.
Ministry of Statistics and Programme Implementation (MoSPI) records India unemployment rate at 4.7%
[Ministry of Statistics and Programme Implementation (MoSPI)]
Key Updates:
- The Ministry of Statistics and Programme Implementation (MoSPI) published the November Periodic Labour Force Survey showing an unemployment rate of 4.7% for Indians aged 15 years and above.
- Rural unemployment declined to 3.9% and urban unemployment to 6.5%.
- Male unemployment dropped to 4.6% and female unemployment to 4.8%.
- Labour Force Participation Rate reached 55.8%, the highest in the available monthly data.
- Youth unemployment for ages 15-29 fell to 14.1% from 14.9% in October.
Similar / Past Coverage
- Index of Industrial Production (IIP) rose an annual 0.4% in October.
- IIP growth lower than upwardly revised 4.6% in September.
- IIP growth below 3.7% recorded in October last year.
- Manufacturing sector slowed to 1.8% in October.
- Manufacturing growth 4.4% in October last year.
- Electricity sector contracted 6.9% in October.
- Electricity growth 2% in same month last year.
- Mining sector fell 1.8% in October.
- Mining expansion 0.9% in year ago period.
- Capital goods sector rose 2.4% in October.
- Capital goods expansion 5.4% in September.
- Consumer durables segment fell 0.5% in October.
- Consumer durables growth 10% in September.
- Non-durables sector contracted 4.4% in October.
- Non-durables decline 0.3% in September.
- Headline inflation rose to 0.71% in November 2025, up from 0.25% in October.
- The All India Consumer Food Price Index (CFPI) shows a year-on-year inflation rate of -3.91% for November 2025.
- Rural headline inflation reached 0.10% in November 2025, up from -0.25% in October.
- Urban headline inflation increased to 1.40% in November 2025 from 0.88% in October.
- Fuel and light inflation stood at 2.32% year-on-year in November 2025, rising from 1.98% in October.
- India's unemployment rate fell to 5.2% in the July-September period (Q2FY26) from 5.4% in the previous quarter.
- The jobless rate in rural areas declined to 4.4% in Q2FY26 from 4.8% in Q1, while urban unemployment rose to 6.9% from 6.8% over the same period.
- Youth unemployment (15-29) rose to 14.8% in Q2FY26 from 14.6% in Q1.
- The Periodic Labour Force Survey (PLFS) quarterly bulletin, released by the ministry of statistics and programme implementation (MoSPI), covered 133,901 households and 564,828 people.
- The labour force participation rate (LFPR) rose slightly to 55.1% in the July-September period from 55% in the quarter before, with female participation improving to 33.7% and male participation declining to 77.2%.
- The worker population ratio, or employment rate, increased to 52.2% in Q2 compared with 52% in Q1.
- By sector, agriculture employed 42.4% of the workforce, followed by the tertiary sector (33.5%), and secondary sector along with mining and quarrying (24.2%).
- Unemployment rate on usual status for persons aged 15 years and above declined from 6.0% in 2017-18 to 3.2% in 2023-24.
- In Maharashtra, unemployment rate on usual status dropped from 4.8% in 2017-18 to 3.3% in 2023-24.
- Maharashtra rural unemployment declined from 3.2% to 2.1%.
- Maharashtra urban unemployment reduced from 7.4% to 5.2%.
- Unemployment for 15-year-plus population stood at 5.1% in August 2025 and 5.2% in September 2025.
- Rural unemployment was 4.3% in August 2025 and 4.6% in September 2025.
- Urban unemployment was 6.7% in August 2025 and 6.8% in September 2025.
- Pradhan Mantri Viksit Bharat Rozgar Yojana targets creation of over 3.5 crore jobs over two years with Rs 99,446 crore outlay.
- Code on Social Security, 2020 provides paid maternity leave of 26 weeks and mandatory crèche facility in establishments having 50 or more employees.
State Bank of India (SBI) signs €150-million credit line with KfW for green energy projects
[State Bank of India (SBI)]
Key Updates:
- State Bank of India (SBI) will sign a €150 million credit line with KfW, the German development bank, for financing climate-friendly energy generation projects.
- The agreement is scheduled to be signed on December 16, 2025, at the KfW headquarters in Frankfurt.
- SBI reported a 3% year-on-year increase in Net Interest Income (NII) to ₹42,985 crore for the quarter ended September.
- The net profit of SBI for the September quarter increased by 10% year-on-year to ₹20,160 crore.
- The shares of SBI have gained 21.91% in the past six months and 21.8% in the year so far.
Similar / Past Coverage
- Bank of India and State Bank of India (SBI) collaborate on co-financing, capacity building, and co-branded initiatives.
- The MoU provides a framework for the two banks to collaborate on multiple fronts.
- The partnership addresses structured project financing in infrastructure, energy, and industrial development sectors.
- State Bank of India (SBI) offers retail banking, corporate banking, treasury operations, and international banking.
- Bank of India focuses on corporate banking, project financing, and trade services.
- City Union Bank Ltd. secured a $50 million commitment from International Finance Corporation (IFC).
- International Finance Corporation (IFC) is a member of the World Bank Group.
- The financing is aimed at supporting MSMEs in transitioning to energy-efficient and cost-effective solutions.
- City Union Bank Ltd. is a private bank established in 1904.
- This partnership will support India’s efforts to accelerate its transition to net-zero by 2070.
- Kamakodi N is the Managing Director and Chief Executive Officer of CUB.
- Imad N. Fakhoury is the IFC Regional Division Director for South Asia.
- ReNew Energy Global Plc secured $331 million in debt from the Asian Development Bank (ADB).
- The funding is to support a clean energy project in Andhra Pradesh.
- The $331 million is part of a $477 million financial package for the Andhra project.
- The remaining $146 million of the financial package is to be arranged by ADB through other lenders.
- The project integrates 837 MWp of wind and solar capacity with a 415 megawatt-hour (MWh) battery energy storage system (BESS).
- The project is designed to deliver 300 MW of peak power and is expected to generate 1,641 GWh of clean energy annually.
- The $331 million ADB debt package includes up to $291 million in local-currency financing from ADB's ordinary capital resources and up to $40 million from the ADB-administered Leading Asia's Private Infrastructure Fund 2 (LEAP 2).
- ReNew has a clean energy portfolio of about 18.2 GW.
- State Bank of India received the 'World's Best Consumer Bank 2025' and 'Best Bank in India 2025' awards from Global Finance, New York.
- SBI serves 520 million customers and adds 65,000 new customers daily.
- The bank's home loan portfolio has crossed Rs 8.5 lakh crore.
- As of June 2025, SBI's deposit base is over Rs 54.73 lakh crore with a CASA ratio of 39.36 per cent and advances of more than Rs 42.54 lakh crore.
- SBI commands a market share of 27.7 per cent in home loans and 19.03 per cent in auto loans.
- The bank has 22,980 branches and 62,200 ATMs/ADWMs, along with over 76,800 BC outlets.
- YONO, SBI's digital platform, has more than 9.04 crore registered users and witnessed 27.4 lakh new registrations in Q1FY26.
- During Q1 FY26, SBI disbursed pre-approved personal loans worth Rs 1,791 crores through YONO.
Securities and Exchange Board of India (Sebi) approves IPOs for Yashoda Healthcare and six other companies.
[Securities and Exchange Board of India (Sebi)]
Key Updates:
- Securities and Exchange Board of India (Sebi) granted IPO approval to seven companies: Yashoda Healthcare Services, Fusion CX, Orient Cables, Turtlemint Fintech Solutions, RSB Retail India, SFC Environmental Technologies, and Lohia Corp.
- These companies approached Sebi between May and September and obtained its observations during December 8-12.
- Market sources estimate the combined IPO proceeds to exceed Rs 6,000 crore.
- Yashoda Healthcare Services filed draft papers in September through a confidential route; its IPO size is expected between Rs 3,000 crore and Rs 4,000 crore.
- Fusion CX plans to raise Rs 1,000 crore via a fresh issue of Rs 600 crore and an offer for sale of Rs 400 crore.
- Orient Cables India Ltd aims to mobilise Rs 700 crore through a fresh issue of Rs 320 crore and an offer for sale of Rs 380 crore.
- SFC Environmental Technologies will raise Rs 150 crore through a fresh issue and an offer for sale of 1.23 crore shares.
- Lohia Corp’s IPO will be entirely an offer for sale of 4.22 crore equity shares with no fresh issue component.
- All seven companies will list their shares on BSE and NSE.
Similar / Past Coverage
- ICICI Prudential Asset Management's IPO will be entirely an offer for sale (OFS) worth ₹10,000 crore.
- Prudential Corporation Holdings will sell 1.76 crore shares in the OFS.
- ICICI Bank owns 51% of ICICI Prudential AMC; Prudential Corporation Holdings holds the remaining 49%.
- Annu Projects' IPO comprises a fresh issue of 2.2 crore shares.
- Technocraft Ventures will raise capital through a fresh issue of 95.05 lakh shares and an OFS of 23.76 lakh shares.
- Powerica's IPO includes a fresh issue of ₹700 crore and an OFS of ₹700 crore.
- Securities and Exchange Board of India (Sebi) introduced the SWAGAT-FI framework for Foreign Portfolio Investors (FPIs) and Foreign Venture Capital Investors (FVCIs) through two separate notifications dated December 1.
- The new framework is named Single Window Automatic & Generalised Access for Trusted Foreign Investors (SWAGAT-FI).
- SWAGAT-FI provides easier investment access to low risk foreign investors, enables a unified registration process, and reduces repeated compliance and documentation.
- Sebi identified low risk foreign investors as government-owned funds, central banks, sovereign wealth funds, multilateral entities, highly regulated public retail funds, appropriately regulated insurance companies, and pension funds.
- Sebi amended FPIs and FVCIs regulations, which will come into force on June 1, 2026.
- Under the new framework, Sebi granted an option to SWAGAT-FIs applying for registration or already registered as FPIs to also register as FVCI without further documentation.
- Registration under both FPI and FVCI regulations enables SWAGAT-FIs to invest in listed equity instruments and debt securities as FPI, and in unlisted Indian companies and startups as FVCI.
- Sebi increased the periodicity for continuance of registration, including payment of fee and review of KYC documentation, to 10 years.
- Sebi allowed retail schemes in International Financial Services Centres (IFSCs) with a resident Indian sponsor or manager to register as FPIs.
- Sebi amended FPI Regulations to subject sponsor contributions to a maximum of 10 percent of the fund's corpus or assets under management for retail schemes.
- As of June 30, 2025, India had 11,913 registered FPIs holding assets worth ₹80.83 lakh crore.
- SWAGAT-FIs are estimated to contribute more than 70 percent of total FPIs' assets under custody.
- RBI granted approval to foreign portfolio investor 1729 Capital to hold a total stake of 7.14% in Suryoday Small Finance Bank.
- As of September 30, the foreign portfolio investor held a 3.81% stake in the bank.
- The RBI clarified that prior consent will be required for any further increase in aggregate shareholding or voting rights.
- If the aggregate shareholding falls below 5%, the investor will again need prior RBI approval to raise the holding to 5% or more.
- The Competition Commission of India (CCI) has approved the acquisition of certain businesses from ICICI Venture Funds Management Company Limited by ICICI Prudential Asset Management Company Limited.
- The Acquirer is a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited, a wholly owned subsidiary of Prudential Plc.
- Target Businesses include managing and/or sponsoring five SEBI-registered alternative investment funds and providing non-exclusive, non-binding advice to an identified offshore investment fund.
United States orders total blockade on sanctioned Venezuelan oil tankers
[United States, Venezuela]
Key Updates:
- Trump ordered 'a total and complete' blockade of all sanctioned oil tankers entering and leaving Venezuela.
- Venezuela's government denounced the move as 'warmongering threats'.
- The US has seized an oil tanker off Venezuela's coast and conducted deadly strikes on alleged drug-smuggling boats.
- More than 30 of the 80 ships in Venezuelan waters or approaching the country were under US sanctions.
- Trump wrote that Venezuela was 'completely surrounded by the largest Armada ever assembled in the History of South America'.
Similar / Past Coverage
- Venezuela’s Bolivarian National Guard (GNB) has been implicated in a decade-long pattern of killings, arbitrary detentions, torture and sexual violence targeting protesters and opponents of President Nicolás Maduro.
- The Independent International Fact-Finding Mission says the GNB has played a central role in systematic repression since 2014.
- The GNB used excessive force, including the improper use of lethal weapons, during peak periods of protest in 2014, 2017, 2019, and 2024.
- Investigators documented mass and targeted arbitrary detentions, physical violence during arrests, planting of evidence, torture, and sexual and gender-based violence inside GNB facilities.
- The report found the GNB was a central actor in the commission of persecution on political grounds, which is a crime against humanity.
- The military force also played a key role in the 2024 post-election “Operation Tun Tun” raids.
- The report identifies a pattern of structural impunity sustained by systemic failures within the Venezuelan judicial system.
- The Independent International Fact-Finding Mission on the Bolivarian Republic of Venezuela was established by the UN Human Rights Council in September 2019.
- The Mission has also focused on investigating the human rights situation surrounding the disputed 2024 presidential elections and on violence by pro-government militias known as “colectivos”.
- Western nations agonized for years over how they might use Russian central bank assets deposited abroad to support Ukraine’s military and rebuild its shattered economy.
- Many European officials were skeptical, concerned that doing so could amount to illegal expropriation.
- Now that President Donald Trump has cut US funding for the government in Kyiv, Ukraine’s European allies have put aside those reservations and become more radical in their approach.
- Canada's foreign ministry announced it was revoking the 'terrorist' designation for Hayat Tahrir al-Sham (HTS).
- Canada cited efforts by Syrian President Ahmed al-Sharaa’s government to 'advance Syria’s stability'.
- The ministry stated the decisions were 'not taken lightly' and align with recent moves by the United Kingdom and the United States.
- Canada had listed Syria as a 'state supporter of terrorism' in 2012.
- The US partially suspended sanctions against Syria in June and extended the suspension in November after talks between al-Sharaa and Donald Trump.
- The US also removed al-Sharaa from the 'specially designated global terrorist' list prior to the White House meeting.
- The United States will hold five-day military drills in Trinidad and Tobago.
- The drills will involve the US Marine Corps’ 22nd Marine Expeditionary Unit.
- The exercises are being held amid tensions with Venezuela and criticism from Nicolás Maduro.
- The US Marine Corps’ 22nd Marine Expeditionary Unit is stationed in the Caribbean as part of what Washington describes as a mission to “disrupt illicit drug trafficking.”
- Trinidad and Tobago’s government said the exercises will help both forces better understand each other’s tactics and operations, while also allowing American troops to train local security personnel to respond to domestic threats such as drug crimes and gang activity.
- Washington sent a warship, the USS Gravely, to the country’s capital last month.
- The aircraft carrier USS Gerald R. Ford is moving closer to Venezuelan waters.
India Reaffirms Vasudhaiva Kutumbakam at 11th United Nations Alliance of Civilizations (UNAOC) Forum in Riyadh on December 14-15, 2025
[United Nations Alliance of Civilizations (UNAOC), Riyadh]
Key Updates:
- India reaffirmed its commitment to the ideals of Vasudhaiva Kutumbakam and religious harmony at the 11th United Nations Alliance of Civilizations (UNAOC) forum.
- The Indian delegation was led by P Kumaran, Secretary (East) of the Ministry of External Affairs (MEA).
- The forum was hosted by Saudi Arabia in Riyadh from December 14 to 15, 2025.
- The Indian representative highlighted the nation's civilizational heritage and the long-standing belief in Sarva Dharma Samabhav, which stresses equal respect for all faiths.
- The gathering marked two decades of the UNAOC and brought together political leaders, religious representatives, civil society, youth, and media to address global divisions.
Similar / Past Coverage
- United Nations Population Fund India (UNFPA India) honored International Union for the Scientific Study of Population (IUSSP) for receipt of the 2025 United Nations Population Award during the 46th Annual Conference of the Indian Association for the Study of Population.
- Shireen Jejeebhoy is President of IUSSP.
- Andrea M Wojnar is Representative of UNFPA India.
- The conference theme is 'People, Planet, Prosperity.'
- CSIR–National Institute of Science Communication and Policy Research (CSIR–NIScPR), Vijnana Bharti (VIBHA), Indian Institute of Tropical Meteorology (IITM) and Panjab University organised Vigyanika as part of India International Science Festival (IISF) 2025.
- Session ‘Vigyan Se Samruddhi – For Atmanirbhar Bharat’ focused on ‘traditional knowledge communication and its role in advancing national self-reliance’.
- Dr. Viswajanani J. Sattigeri, Head, CSIR-TKDL, emphasized ‘the importance of documenting, disseminating and implementing policy for traditional knowledge’.
- India is hosting the 20th Session of the UNESCO Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage (ICH) at the historical Red Fort complex in New Delhi.
- The session is being held from 8 to 13 December 2025.
- The inaugural session of ICH was held on 7th December and was graced by Hon'ble Minister of External Affairs, Dr S. Jaishankar; Hon'ble Minister of Culture & Tourism, Shri Gajendra Singh Shekhawat; Director General UNESCO, Khaled El-Enany; Hon'ble Chief Minister of Delhi, Smt. Rekha Gupta; Secretary, Ministry of Culture, Shri Vivek Aggarwal; Ambassador and Permanent Representative of India to UNESCO, Shri Vishal V. Sharma; and Chairperson, Sangeet Natak Akademi, Ms Sandhya Purecha.
- Delegations from over 180 countries are attending the event.
- The Ministry of Culture, along with its autonomous body, Sangeet Natak Akademi, is the nodal agency for hosting the ICH Session in India.
- PM Modi proposed a G20 initiative to enhance clean energy transitions by boosting recycling, easing supply chain pressures, and advancing joint research on critical minerals.
- He suggested forging a partnership to make satellite data more accessible and interoperable, proposing the G20 Open Satellite Data Partnership to make G20 space agencies' data available to developing countries for various activities.
- Modi emphasized strengthening global cooperation to deal with natural disasters, stating that 'resilience cannot be built in silos' and advocating for greater collaboration.
- He called for the G20 to promote comprehensive strategies linking nutrition, public health, sustainable agriculture, and disaster preparedness to build a stronger global security system.
- India established the Disaster Risk Reduction Working Group during its G20 Presidency and advocates for a 'development-centric' approach to disaster resilience, which is India's vision behind setting up the Coalition for Disaster Resilient Infrastructure (CDRI).
- India proposed a G20 Critical Minerals Circularity Initiative to promote recycling, urban mining, second-life batteries, and related innovations, aiming to strengthen clean energy transitions and supply chain security.
- During the New Delhi G20 Summit, a resolution was made to triple renewable energy and double the energy efficiency rate by 2030, requiring developed countries to fulfill their commitments to provide affordable climate finance and technology.
- Modi highlighted the Deccan Principles on Food Security adopted during India's presidency as a basis for creating a G20 roadmap on food security and called for greater collective action on the climate agenda to strengthen food security.
- He sought a greater voice for the Global South in global governance structures, noting that the inclusion of the African Union as a permanent member of G20 in the New Delhi Summit was a major step forward that must be taken beyond G20.
- A declaration adopted at the G20 Leaders' Summit underlined solidarity, equality, and sustainability as key pillars of inclusive growth, also prominently mentioning energy security, climate action, and disaster resilience and response.
- G20 members comprise the world's major economies, representing 85% of global GDP, 75% of international trade, and two-thirds of the world's population.
- South Africa is hosting the G20 Summit, marking the first time it is held on the African continent and the fourth consecutive summit of the grouping to be held in the Global South, following Brazil (2024), India (2023), and Indonesia (2022).
Institute of Nano Science and Technology (INST) Researchers Develop Green Tea-Based Nanoparticle Therapy for Alzheimer's Disease
[Institute of Nano Science and Technology (INST)]
Key Updates:
- Researchers at the Institute of Nano Science and Technology (INST), Mohali, have identified a new pathway involving nanoparticles to treat Alzheimer's Disease (AD).
- The therapy involves nanoparticles that integrate epigallocatechin-3-gallate (EGCG) -- an antioxidant found in green tea --, dopamine -- a neurotransmitter important for mood -- and tryptophan -- an amino acid involved in many cellular functions -- into a nanoparticle called EGCG-dopamine-tryptophan nanoparticles (EDTNPs).
- Incorporation of Brain-Derived Neurotrophic Factor (BDNF) -- a protein crucial for the survival, growth, and function of neurons onto EDTNPs (B-EDTNPs) creates a dual-action nanoplatform that not only clears neurotoxic Amyloid Beta aggregates but also enhances neuronal regeneration.
- The research involves the synthesis of EDTNPs using biocompatible assembly techniques like pressure-assisted hydrothermal and electrostatic-based co-incubation methods to combine antioxidant, neurotransmitter, and amino acid components.
- The therapy enables it to simultaneously target amyloid aggregation, oxidative stress, inflammation, and neuronal degeneration -- four key pathological hallmarks of Alzheimer's.
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- Researchers at Texas A&M University used nanoflowers made from molybdenum disulfide to scavenge reactive oxygen species and stimulate stem cells to produce surplus mitochondria.
- The surplus mitochondria were naturally transferred to old, damaged neighboring cells, restoring energy levels without genetic manipulation.
- In lab tests, mitochondria transfer rates doubled, heart smooth-muscle cell numbers rose three-to-four-fold, and chemotherapy-damaged heart cells showed significantly higher survival.
- All India Institute of Medical Sciences (AIIMS) Delhi has achieved a milestone in stroke care by conducting the country's first dedicated clinical trial of a cutting-edge and advanced brain stent made for treating severe strokes.
- The GRASSROOT trial, which evaluated the Supernova stent (Gravity Medical Technology), has found excellent safety and efficacy outcomes in the treatment of severe strokes, say officials.
- The results were published in the ‘Journal of Neurointerventional Surgery’ (JNIS), part of the prestigious British Medical Journal group.
- AIIMS Delhi was the national coordinating centre and the lead enrolling site for the GRASSROOT trial – India's first clinical trial of a new and advanced stroke treatment device, the Supernova stent.
- Earlier this year, data from the GRASSROOT trial were accepted by the Central Drugs Standard Control Organisation (CDSCO) and the Supernova stent-retriever was approved for routine use in India.
- This is the nation's first stroke device cleared based on a domestic clinical trial.
- Conducted across eight centres, the trial marks a milestone for the Make-in-India initiative and positions India as a global player in advanced stroke care.
- Developed by Gravity Medical Technology, Supernova is designed for India’s diverse patient population, where strokes often strike patients at a younger age than in the West.
- The device has already treated more than 300 patients in Southeast Asia.
- It will now be manufactured and made available in India at affordable prices, offering new hope to the 1.7 million Indians who suffer strokes each year.
- Discovery: Down-regulating the transcription factor PU.1 converts a small subset of microglia into neuroprotective cells that suppress brain-wide inflammation and curb amyloid pathology in Alzheimer’s mouse models
- Institution: Max Planck Institute (Anne Schaefer laboratory) in collaboration with Alison Goate and Alexander Tarakhovsky
- Key finding: Protective microglia express the lymphoid co-stimulatory receptor CD28; microglia-specific deletion of CD28 abolishes their suppressive function, accelerates plaque growth and worsens neuroinflammation
- Human relevance: Results were validated in human microglia and human brain tissue, and align with prior genetic evidence that lower PU.1 (SPI1) expression is associated with reduced Alzheimer’s risk
- Therapeutic implication: The PU.1–CD28 signaling axis provides a new molecular target for microglia-directed immunotherapies aimed at slowing or preventing Alzheimer’s progression
- September 21st marks World Alzheimer’s Day.
- It is a time to shine a light on one of the most common forms of dementia affecting millions of families across the globe.
- The day is important as it reminds us to talk openly about the condition, fight the stigma, and push for better research, resources, and care.
Armed Forces Medical Services, AIIMS-RPC and MoHFW launch India’s first AI-driven community screening programme for Diabetic Retinopathy
[Armed Forces Medical Services, AIIMS-RPC, MoHFW]
Key Updates:
- MadhuNetrAI, a web-based AI tool developed by Dr Rajendra Prasad Centre for Ophthalmic Sciences, enables screening, accurate grading and triaging of retinal images captured through handheld fundus cameras.
- The initiative will generate real-time data on prevalence, case numbers, and geographic distribution of Diabetic Retinopathy to guide manpower planning and resource allocation.
- Seven pilot sites—Pune, Mumbai, Bangalore, Dharamshala, Gaya, Jorhat, and Kochi—represent urban, rural, hilly and coastal geographies for inclusive AI-driven eye health delivery.
- Trained Medical Officers and Nursing staff will conduct large-scale community screening in resource-limited settings using handheld fundus cameras integrated with MadhuNetrAI.
- Patients detected with vision-threatening Diabetic Retinopathy will be referred to vitreoretina specialists at designated District Hospitals, coordinated by District Health Administration.
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- India’s apex medical research body, the Indian Council of Medical Research (ICMR), constituted multiple panels to draft and design scientific guidelines for obesity.
- Work on the project began in September.
- The plan will focus on creating evidence-based prevention and treatment guidelines for Indians across different phases of life, from childhood and adolescence to young adulthood, midlife, and old age.
- The objective is to release at least one set of guidelines by mid-2026.
- A policy group, consisting of five joint secretaries from the Ministry of Health and Family Welfare, will be set up to convert the guideline draft into simple, easy-to-understand language for the Indian population.
- World Diabetes Day is observed every year on November 14.
- The theme for World Diabetes Day 2025 is 'Diabetes Across Life Stages'.
- World Diabetes Day was established in 1991 by the International Diabetes Federation (IDF) in collaboration with the World Health Organization (WHO).
- It became an official United Nations Day in 2006.
- The date was chosen to honour Sir Frederick Banting, who, along with Charles Best, co-discovered insulin in 1922.
- It is recognised as the world’s largest campaign to raise awareness about diabetes, reaching over one billion people across more than 160 countries.
- The IndiaAI Mission (Ministry of Electronics and Information Technology) and the World Health Organisation (WHO) have announced a global call for abstracts.
- The call highlights impactful and scalable applications of Artificial Intelligence (AI) in health systems.
- Shortlisted entries will be invited to contribute a chapter to the Casebook on AI Health Use Cases Across the Global South.
- The Casebook, jointly developed by IndiaAI and WHO, is set to be launched at the India-AI Impact Summit 2026 in New Delhi in February.
- It will serve as a comprehensive reference for policymakers, innovators, and researchers seeking to replicate and scale successfully implemented AI solutions across the Global South.
- Researchers, innovators, and institutions from across the Global South are invited to submit abstracts by 31st October 2025.
- Selected contributors will submit full chapters, with the submission deadline for chapter entries set for 15th December.
- Selected entries will have the opportunity to be showcased at the India-AI Impact Summit 2026.
- Parties: National Health Authority (NHA), Department of Health Research (DHR) and Indian Council of Medical Research (ICMR) renewed the MoU signed in November 2019.
- Objective: "bolster evidence-based decision-making across the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) and the Ayushman Bharat Digital Mission (ABDM)".
- New inclusion: "For the first time, the MoU’s scope will also include supporting the Ayushman Bharat Digital Mission (ABDM)" by evaluating digital health interventions like EHRs, telemedicine, AI-driven diagnostics and health data exchanges through HTAIn.
- Key collaboration areas: Costing of healthcare services using National Costing Initiative data; institutionalizing Standard Treatment Workflows (STWs) to reduce practice variation; and conducting operational/implementation research on barriers in rural areas, fraud prevention and supply-chain issues.