Daily Current Affairs – 28-11-2025
Sports News
Adrian Newey Appointed as Aston Martin’s Team Principal from Next Season
Adrian Newey, a renowned Formula 1 technical expert, has been appointed as the Team Principal of Aston Martin beginning from the next season, as part of the team’s restructuring plan. Newey, who left Red Bull Racing in September 2024, has committed his long-term future to Aston Martin after several teams expressed interest in hiring him. The 66-year-old will officially take charge of trackside operations from 2026. The current Team Principal and CEO, Andy Cowell, will move to a new role as Chief Strategy Officer. Newey is widely regarded as one of the most influential technical figures in Formula One history.
International News
Decathlon to Invest €100 Million in India by 2030
Decathlon, the French sports gear and fitness equipment brand, has announced an investment of €100 million in India by 2030. The company plans to hire 2,500 new employees and aims to double its revenue to ₹8,000 crore within the same period. According to Sankar Chatterjee, CEO of Decathlon India, the brand is focusing on affordability and large-scale production rather than premiumisation, to strengthen its presence in India’s growing sports market. The company views India as a major market for sports and fitness expansion as part of its long-term business strategy.
Economy News
Finance Ministry and RBI to Launch Unified Portal for Unclaimed Assets
The Ministry of Finance in collaboration with the Reserve Bank of India (RBI) is developing a unified digital portal to help savers and retail investors claim unclaimed assets across various asset categories, including bank deposits, pension funds, shares, and dividends. The initiative aims to simplify the process of locating and recovering unclaimed financial assets. The announcement was made by M. Nagaraju, Secretary, Department of Financial Services, during a mega camp titled ‘Aapki Poonji Aapka Adhikar’ (Your Money Your Right) organized by the Punjab National Bank. The portal is expected to be launched soon to ensure better accessibility and transparency for the public.
IMF Gives ‘C’ Grade to India’s National Accounts Statistics
The International Monetary Fund (IMF), in its annual review, has assigned a ‘C’ grade to India’s national accounts statistics, which include Gross Domestic Product (GDP) and Gross Value Added (GVA) data. This rating is the second-lowest among the four grades — A, B, C, and D — used by the IMF to assess data quality. The ‘C’ grade indicates that India’s national accounts data have methodological weaknesses that partly affect surveillance accuracy, though they are available with adequate frequency and timeliness. The IMF issued this evaluation as the Government of India prepares to release the national accounts data for the second quarter (Q2) of the current financial year. Overall, across all data categories, India received a ‘B’ grade from the IMF in its Article IV assessment of the country’s economic framework.
National News
68% of Electoral Roll SIR Forms Digitised; Goa Leads, U.P. Lags — Election Commission
The Election Commission of India (ECI) announced that over 34.86 crore enumeration forms, accounting for more than 68% of total electors, have been digitised under the second phase of the Special Intensive Revision (SIR) of electoral rolls being conducted across nine States and three Union Territories. In this phase, a total of 50.63 crore forms (99.33%) have been distributed, covering 50.97 crore electors. Among the top-performing regions, Lakshadweep (99.9%) and Goa (89.77%) have recorded the highest levels of digitisation, followed by Rajasthan (86.03%) and Madhya Pradesh (82.69%). The States Uttar Pradesh (47.59%) and Kerala (55%) have shown the lowest progress in digitisation. The enumeration phase of the SIR process began on November 4 and will conclude on December 4.
Prime Minister Modi Inaugurates Skyroot’s First Orbital Rocket Vikram-I
Prime Minister Narendra Modi inaugurated the Infinity Campus of Skyroot Aerospace in Hyderabad through video conferencing and unveiled the company’s first orbital rocket, Vikram-I, which has the capability to launch satellites into orbit. The event marked a major milestone for India’s private space sector, which has seen rapid growth in recent years. The Prime Minister highlighted that more than 300 space start-ups are currently operating in India, contributing to the nation’s expanding space economy. Skyroot Aerospace, founded by Pawan Kumar Chandana and Naga Bharath Daka, has emerged as one of India’s leading space-tech start-ups, symbolizing the success of private participation in India’s space sector reforms initiated in recent years.
IIT-Madras Signs MoU with CII’s Young Indians for Start-up Development
The Indian Institute of Technology (IIT) Madras signed a Memorandum of Understanding (MoU) with Young Indians (Yi), the youth wing of the Confederation of Indian Industry (CII), in Chennai to promote student innovation and early-stage start-up development. As part of this collaboration, 18 start-ups participated in a boot camp held at the IIT-Madras Research Park, focusing on deep technology, fundraising, and entrepreneurship. The MoU was signed in the presence of Tarang Khurana, National Chairman of Young Indians (Yi), and Satyanarayanan Seshadri, Head of the School of Innovation and Entrepreneurship, IIT Madras.
SC Directs Centre to Frame Guidelines on Online User Content Regulation
The Supreme Court of India, in a bench comprising Chief Justice Surya Kant and Justice Joymalya Bagchi, has directed the Union Ministry of Information and Broadcasting to formulate guidelines to regulate user-generated content on the Internet. The directive aims to protect individuals from exposure to obscene, anti-national, or personally harmful content circulating online. The Court discussed the establishment of an impartial and autonomous authority that would function independently of both private broadcasters and the government to vet prima facie permissible content. It emphasized that unregulated online material, including adult content, spreads rapidly before removal by social media intermediaries. The Court also suggested implementing stricter verification mechanisms such as Aadhaar-based age verification to limit access to restricted content. It reaffirmed that while freedom of speech under Article 19(1)(a) remains protected, it is subject to reasonable restrictions under Article 19(2) of the Constitution of India, ensuring a balance between digital freedom and accountability.
India–Indonesia Agreement to Enhance Defence Cooperation
India and Indonesia have agreed to strengthen defence production cooperation following a high-level consultative meeting between Defence Minister Rajnath Singh and Indonesian Defence Minister General Prabowo Subianto held in New Delhi. The discussions focused on maintaining a free, inclusive, and peaceful Indo-Pacific region, particularly amid increasing influence from China in the Indian Ocean and South China Sea. The Ministry of Defence stated that both countries decided to establish a Joint Defence Equipment Production Cooperation Committee to enhance collaboration in military technology exchange, special forces coordination, maritime security, cybercrime prevention, and joint military preparedness.
QR Code and Helpline Introduced for Reporting Drug Side Effects
The Central Government has instructed that all medicines in India must carry a dedicated QR code and a toll-free helpline number (1800-180-3024) to enable easy reporting of drug side effects. The directive was issued by Dr. Rajiv Singh Raghuvanshi, the Head of the Central Drug Control Department, as part of measures to strengthen drug production monitoring and patient safety under the Indian Pharmacovigilance Programme (PvPI). The decision was taken during a recent operational meeting of PvPI, emphasizing that both the public and healthcare professionals can report adverse drug reactions through the QR code or helpline. All state authorities have been instructed to ensure that this information is printed on every wholesale and retail medicine package across India.
Tamil Nadu News
Tamil Nadu Sanctions ₹4.45 Crore for Restoration of Heritage Mosques and Dargahs
Chief Minister M.K. Stalin has sanctioned ₹4.45 crore towards the renovation of nine ancient mosques and dargahs across Tamil Nadu. The announcement was made during a function held at the Secretariat on Thursday.
The Department of Backward Classes, Most Backward Classes, and Minorities Welfare has earmarked a ₹10 crore allocation for the Tamil Nadu Waqf Board under the 2025–26 state budget. This fund is intended for repairing and restoring historical mosques and dargahs across the state. The ₹4.45 crore disbursed marks the first installment of this allocation.