General Awareness

BUSINESS AND ECONOMY - August 2025

Aug 2025

Oct 06, 2025

Arunachal Pradesh Launches First Commercial Coal Mine at Namchik-Namphuk Block

Arunachal Pradesh witnessed a historic day with the launch of its first commercial coal mine at the Namchik-Namphuk coal block, marking a new chapter of growth, energy security, and local prosperity.
The Namchik Namphuk coal block, with reserves of 1.5 crore tonnes, was first allocated in 2003 but faced long delays and stoppages due to various challenges. It was revived through a transparent auction process in 2022, opening the doors for private sector entry and marking the end of years of delays.

Oct 05, 2025

Vodafone Idea Appoints Tejas Mehta as CFO

Indian wireless carrier Vodafone Idea appointed Tejas Mehta as its Chief Financial Officer, effective October 6. Prior to his appointment at Vodafone Idea, he was working as CFO in Mondelez India since 2002.
Mehta replaces Murthy Gvas, who ends his tenure on October 5. He is set to be the new CFO of Vodafone Idea with 25 years of rich and diverse experience across India and international markets.

Oct 04, 2025

Zomato, HDFC Pension Introduce National Pension System Model for Delivery Partners

Zomato and HDFC Pension collaborated to introduce 'NPS Platform Workers Model' for delivery partners of the food delivery platform, in a bid to provide them access to formal retirement benefits.
The model was formally launched by Finance Minister Nirmala Sitharaman at an event organised by the Pension Fund Regulatory and Development Authority (PFRDA) in October 2025.

Microsoft Names CEO to Run Commercial Business, Nadella to Focus on Tech

Microsoft Chief Commercial Officer Judson Althoff took an expanded role as CEO of commercial business, freeing up company chief Satya Nadella to focus more on the technical side of the business in the tech giant's quest to dominate the AI race.
Althoff will lead what Microsoft CEO Nadella called a new organization, which will combine sales, marketing and operations.

Oct 03, 2025

World Green Economy Summit 2025 Attracts 16 Local, Regional, International Sponsors

The 11^th edition of the World Green Economy Summit (WGES), held under the patronage of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, was sponsored and supported by 16 local, regional and global organisations.
This year's theme, 'Innovating for Impact: Accelerating the Future of the Green Economy', emphasises Dubai's role as a leading global centre in supporting climate action and advancing the transition towards a more resilient and inclusive low-carbon economic model.
Organised by the Dubai Supreme Council of Energy, Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organization (WGEO), WGES at the Dubai World Trade Centre.

RBI Constitutes Payments Regulatory Board Headed by Governor

The Reserve Bank of India (RBI), in 2025, constituted the Payments Regulatory Board and appointed six-members to this board led by RBI Governor as Chairman.
The Board is responsible for the regulation and supervision of all payment systems including electronic and non-electronic, domestic and cross-border systems.

Made in India Airbus H125 Helicopter from Tata Advanced Systems Limited

The Tata Group, in partnership with Airbus, is launching India's first private-sector helicopter Final Assembly Line (FAL) at Vemagal in Karnataka to produce the Airbus H125 helicopter. This initiative marks a significant milestone for India's aerospace industry, as the facility will assemble, test, and deliver both civil and military versions of the H125.
Addressing requirements for domestic as well as South Asian export markets. The made-in-India helicopters are expected to be delivered starting in early 2027. This project will not only strengthen India's credentials as a global aviation hub but also support the development of local civil and defence aviation capabilities.

The Government Appointed Kalyan Kumar as Head of Central Bank of India

The government appointed Kalyan Kumar as head of Central Bank of India for a period of three years.
The Appointments Committee of the Cabinet headed by the Prime Minister approved the appointment.
Kumar, currently Executive Director of Punjab National Bank (PNB), succeeded M V Rao as MD and CEO of Central Bank of India after his superannuation in July.
CBoI too was headless after Matam Venkat Rao superannuated as MD & CEO on July 31, 2025.

Oct 02, 2025

Capgemini Appoints Sanjay Chalke as India CEO, Yardi to Retire in 2026

Paris-headquartered IT services and consulting firm Capgemini, in 2025, announced leadership changes at its India centre. The company said that Sanjay Chalke has been appointed chief executive officer (CEO) of Capgemini India from January 1, 2026, and will also join the Group Executive Committee. Chalke is currently the chief operating officer (COO) of the firm.

RBI Launches One-Year Scheme to Facilitate Payout of Inoperative Accounts and Unclaimed Deposits

The Reserve Bank of India announced a scheme for "Facilitating Accelerated Payout – Inoperative Accounts and Unclaimed Deposits'. The one-year tenure scheme is started on October 1, 2025, and will end on September 30, 2026. This has encouraged the public to activate their inactive accounts and claim their unclaimed deposits from the banks.
Similarly, through this scheme, the RBI decided to encourage the banks to actively pursue customers/ depositors for reactivation of their inoperative accounts and return of their unclaimed amounts lying with the Depositor Education and Awareness Fund. The Scheme aims to reduce both the stock of existing unclaimed deposits and the fresh accretion of flows to the DEA Fund.

Optiemus Enters into JV with Ordinary Theory 'to Create Smart Enterprise Hardware Solutions'

Noida-based telecommunications and manufacturing group, Optiemus Infracom, in September 2025, entered into a joint venture (JV) with the US-based Ordinary Theory LLC. The venture will focus on creating smart enterprise hardware solutions spanning payments, retail, logistics, and artificial intelligence (AI).
Built on a shared vision of innovation and technological leadership, the JV will play a pivotal role in advancing India's electronics manufacturing ecosystem and reinforcing the government's Make in India initiative, the company said adding that Optiemus will own a majority stake in the JV.
Ordinary Theory is a leading global design house renowned for its expertise in fintech, logistics, retail, and AI solutions.

Indian Railways Launches First Assured Transit Time Container Train Between Delhi and Kolkata

Indian Railways launched its first assured transit time container train service on a pilot basis between Delhi and Kolkata, in October. The service will operate from ICD Tughlakabad Terminal, Delhi, to the CTCS Kolkata via Agra and Kanpur terminals of Container Corporation of India Limited- CONCOR. This special service is designed to ensure a guaranteed transit time of 120 hours, marking a significant milestone in the logistics sector.
Indian Railways, in a statement, said it will operate on a bi-weekly schedule, departing every Wednesday and Saturday. This pilot project is expected to provide multiple advantages to customers, including assured and reliable delivery for time-sensitive cargo, a competitive alternative to road transport and priority benefits for early adopters. It also contributes to sustainability by promoting a modal shift from road to rail, reducing the carbon footprint, and supporting India's commitment to green logistics.
Through this initiative, Indian Railways and CONCOR reaffirm their focus on customer-centric, reliable, and sustainable logistics solutions. The launch of this assured transit train service represents a transformative step towards a more efficient and environmentally responsible supply chain ecosystem.

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