Home  /  Daily Current Affairs  /  04-10-2025

Daily Current Affairs – 4 October, 2025

 PDF
DCA 4 Oct

    Heritage Management & Conservation: Policy Shift in India

    Context

  • The government plans to open up conservation of protected monuments — so far the mandate of only the Archaeological Survey of India (ASI) — to private entities, marking the beginning of a public-private partnership model in heritage management.

    • Background: ASI’s Exclusive Mandate

  • The Archaeological Survey of India (ASI) was established in 1861 under the Ministry of Culture, responsible for archaeological research and the protection of India’s cultural heritage.
  • It plays a central role in the maintenance, conservation, and preservation of ancient monuments, archaeological sites, and remains of national importance.
  • It enforces the Ancient Monuments and Archaeological Sites and Remains Act, 1958 and the Antiquities and Art Treasures Act, 1972.
    • Read More

    Draft Rules for Online Gaming

    Context

  • The Ministry of Electronics and IT (MeitY) has released draft rules for online gaming.

    • About

  • They are intended to operationalise the Promotion and Regulation of Online Gaming (PROG) Act, 2025.
  • It bans real money gaming (RMG) platforms such as online poker, rummy and fantasy sports while permitting only social games and e-sports.
    • Read More

    NITI Aayog Launches Tax Policy Working Paper to Boost Foreign Investment

    Context

  • NITI Aayog released the first working paper under the NITI Tax Policy Working Paper Series–I, titled Enhancing Tax Certainty in Permanent Establishment and Profit Attribution for Foreign Investors in India, focusing on improving tax certainty and attracting more foreign investment.

    • Importance of Tax Certainty

  • Foreign investment is important: India has received rising FDI inflows, from about USD 6 billion in 2005–06 to USD 50 billion in 2024–25.
  • Unclear rules create problems: Foreign companies often do not know if they will be taxed in India or not, because of unclear definitions of Permanent Establishment (PE) and profit attribution.
  • Litigation takes years: Tax disputes in India often last 10–12 years, which is costly and discourages investors.
    • Read More

    RBI Rolled Out Liquidity Measures

    In News

  • The Reserve Bank of India (RBI) rolled out a set of liquidity measures designed to make capital more accessible for investors and companies.

    • Key Measures by RBI

  • Acquisition financing: For the first time, banks can now give loans to companies for buying other companies. This allows them to fund mergers, buyouts, and consolidation deals—something banks had been requesting for years.
  • Enhanced Lending Limits: The RBI has dramatically increased individual loan limits against shares from ₹20 lakh to ₹1 crore, representing a fivefold increase. 
  • This substantial raise in the ceiling had not been revised since 1998 and reflects inflation-adjusted realities.
  • IPO Financing Boost: The central bank raised IPO financing limits for retail investors from ₹10 lakh to ₹25 lakh per person, more than doubling the previous limit.
    • Read More

    India Emerges as the Fastest-Growing Dairy Producer Worldwide

    Context

  • India’s dairy sector has expanded by 70% in the past 11 years, with milk production rising from 146 million tonnes in 2014-15 to 239 million tonnes in 2023-24.

    • Dairy Sector of India

  • Global Leadership: India is the world’s largest milk producer, contributing 24.76% of global milk output.
  • Economic Contribution: Dairy is India’s single largest agricultural commodity, contributing 5% to GDP and employing over 8 crore farmers.
  • Growth Performance: Livestock sector grew at a CAGR of 7.9% (2014-15 to 2020-21), outpacing the agriculture sector.
  • Per Capita Availability: Rose to 471 g/day in 2023–24, substantially above the world average of 322 g/day.
    • Read More

    India-Russia Celebrate 25 Years of Strategic Partnership

    In News

  • Russia and India have significantly advanced their 25-year strategic partnership amid a changing global landscape.

    • Background 

  • In 2000, Russian President Vladimir Putin and Indian Prime Minister Atal Bihari Vajpayee signed the declaration on strategic partnership, which opened a new chapter in bilateral relations. 
  • In December 2010, the Strategic Partnership was upgraded to a “Special and Privileged Strategic Partnership.”
  • Multiple institutional dialogues, including the Intergovernmental Commission and 2+2 Dialogue, ensure strong cooperation across politics, defense, trade, science, and culture.
    • Read More

    News In Short – 4 October, 2025

    Context

  • The Prime Minister has expressed deep sorrow at the passing away of Padma Vibhushan Pandit Chhannulal Mishra ji.

    • Pandit Chhannulal Mishra (1936–2025)

  • Born: He was born on August 3, 1936, in Azamgarh U.P.
  • He was a renowned Indian Hindustani classical music singer. 
  • He learned not only khayal but also absorbed nuances of the Kirana gharana, making him versatile in multiple classical styles.
  • Known for his mastery in thumri, dadra, and bhajans as well.
    • Read More
scroll to top