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Daily Current Affairs – 19 December, 2025

    Goa Liberation Day

    Context

  • December 19 marks the day Goa was liberated from Portuguese rule and formally integrated into India in 1961. 

    • Course of the Invasion

  • First capture (1510): Albuquerque seized Goa with help from the local chieftain Timoji.
  • Loss of Goa: Adil Shah’s forces recaptured Goa during the monsoon.
  • Final conquest (November 1510): Albuquerque returned with reinforcements and decisively defeated Bijapur forces.
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    Is the Artificial Intelligence Boom or a Bubble?

    Context

  • Global spending on Artificial Intelligence (AI) is projected to reach $375 billion this year and $500 billion by 2026.

  • What is the AI Bubble?

  • The AI bubble refers to concerns that artificial intelligence technology companies and related investments have become dramatically overvalued.
  • The market valuations and investment levels are significantly outpacing the actual financial returns and real-world implementation of the technology.
  • This represents a potential stock market bubble comparable in some respects to the late-1990s dot-com boom.
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    Select Committee Report on IBC Amendment Bill 2025

    Context

  • The Chairperson of the Select Committee of Lok Sabha presented the Report on the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 to the Lower House.

    • Recommendations of Select Committee 

  • The Committee has proposed fixing a three-month time limit for the National Company Law Appellate Tribunal (NCLAT) to decide insolvency appeals. 
  • The definition of the term ‘service provider’ be suitably modified to include ‘registered valuer’ to the list of entities that are provided under the IBC, and the definition for ‘registered valuer' be suitably inserted.
  • It also suggested that to maintain coherence, appropriate references to ‘registered valuer’ be included where the term service provider is used in the Amendment Bill and at all relevant places where it has a consequential effect. 
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    News In Short 19-12-2025

    Context

  • Prasar Bharati has prepared a draft Content Syndication Policy, 2025 to promote cultural outreach and monetize content.

    • About

  • The policy aims to monetize content being produced by Doordarshan and Akashvani, archived national and regional content, and live coverages (Government events, festivals, sports, etc.).
  • It also takes into consideration digital-first content published on Prasar Bharati's OTT platform.
  • It also proposes monetization of commissioned, co-produced, licensed, and other content owned by Prasar Bharati.
    • Read More
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