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Daily Current Affairs – 12 November, 2025

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    PM Visit to Bhutan

    Context

  • Prime Minister Narendra Modi's recent visit to Bhutan strengthened the special ties of friendship and cooperation between the two countries.

    • Brief on India-Bhutan Relations

  • Diplomatic relations between India and Bhutan were established in 1968.
  • The basic framework of India- Bhutan relations has been the Treaty of Friendship and Cooperation signed in 1949.
  • The treaty was revised in 2007 giving Bhutan more autonomy while reaffirming mutual respect for sovereignty and close cooperation.
  • In 2024, Prime Minister Shri Narendra Modi was conferred the Order of the Druk Gyalpo, Bhutan’s highest civilian decoration, the first foreign leader to be given the award.
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    Urban Cooperative Banks

    Context

  • Recently, the Union Home and Cooperation Minister, at the ‘Co-op Kumbh 2025’, called on Urban Cooperative Banks (UCBs) to play a transformative role in empowering India’s youth and underprivileged communities.

    • Key Highlights of Co-op Kumbh 2025

  • ‘Delhi Declaration 2025’: It was adopted by the National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB), focusing on enhancing financial stability, governance, and digitization within the cooperative banking network.
  • Digital Push: Two new digital initiatives Sahkar Digi-Pay and Sahkar Digi-Loan  were launched to empower even the smallest cooperative banks.
  • These enable digital payments and loan disbursement services, integrating UCBs into India’s broader digital revolution.
  • Commitment to Strengthening the Cooperative Credit Ecosystem: The government aims to establish an UCB in every Indian city with a population exceeding two lakh within the next five years.
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    SEBI Warns Against Digital Gold Risks

    Context

  • The Securities and Exchange Board of India (SEBI) has cautioned the general public against investing in digital gold and e-gold products.

    • About

  • The investment in digital gold has existed for several years, but there has been a surge in their popularity over the last one year.
  • The reasons include a steep rise in gold prices, combined with the convenience, and ease of owning gold digitally through online platforms. 
  • The digital gold products remain unregulated and do not fall under any regulatory ambit, exposing investors to heightened risks.
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    3rd International Conference on Green Hydrogen (ICGH 2025)

    In News

  • At the 3rd International Conference on Green Hydrogen,the Union Minister for New & Renewable Energy highlighted the National Green Hydrogen Mission (NGHM) as a catalyst for India’s clean energy transition, job creation, and global leadership in green hydrogen. 

    • The National Green Hydrogen Mission

  • It was  launched by the Government of India in January 2023 and spearheaded by the Ministry of New and Renewable Energy (MNRE).
  • It is a cornerstone of India’s strategy to achieve energy independence by 2047 and net-zero emissions by 2070. 
  • It aims to position India as a global hub for the production, utilization, and export of green hydrogen and its derivatives.
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    Tropical Forest Forever Facility (TFFF)

    Context

  • Recently, the Tropical Forest Forever Facility (TFFF) was launched on the sidelines of the COP30 Climate Summit in Belém, Brazil.

    • About Tropical Forests Forever Facility (TFFF)

  • Overview: It is an investment fund designed as a permanent, self-financing vehicle through which net returns aim to be awarded to up to 74 developing tropical forest countries for keeping their existing old-growth forests intact.
  • Rationale: It aims to recognise and encourage Tropical Forest Countries to continue protecting and conserving Tropical Forest at the right scale and speed, especially given significant opportunity and implementation costs.
  • Funding Structure: It aims to raise$25 billion from wealthy nations and philanthropists, and an additional $100 billion in private investment, based on satellite remote sensing data forest cover.
  • It focuses at least 20% of payments flow directly to Indigenous Peoples and local communities.
    • Read More

    News in Short – 12 November, 2025

    Context

  • Studies suggest that fungal infections would overtake the annual incidence of tuberculosis in India.

    • About

  • A study in 2022 had estimated that India has the largest burden of fungal diseases per capita in the world. 
  • This means over 57 million people (4.1% of the population) are affected by serious fungal diseases.
  • The report also flagged how diagnostic limitations across the country had already inhibited some high-quality epidemiological studies.
    • Read More
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