Monthly Current Affairs Digest
The 16th Finance Commission, chaired by Dr. Arvind Panagariya, submitted its final report on December 15, 2025, outlining tax-sharing formula for FY 2026-31 with focus on performance-based incentives and debt reduction.
COP30 concluded on December 12, 2025, in Belém, Brazil, focusing on 'Mission 1.5°C', Global Climate Finance Goal, and establishing the 'Belem Declaration on Tropical Forests' with $25 billion pledge.
RBI MPC kept Repo Rate at 6.5% for 15th consecutive time citing food inflation. SEBI announced T+0 settlement for top 500 listed companies starting January 1, 2026, making India first major economy to implement it.
ISRO launched Gaganyaan-2 (G2) mission on December 24, 2025, the second of three planned unmanned missions before the historic manned flight scheduled for late 2026, successfully demonstrating Crew Escape System and ECLSS.
Third generation Cheetah cubs born in Kuno National Park; population reaches 15. Simultaneously, GRAP-IV invoked in NCR as AQI crossed 450, banning truck entry and construction activities.
Equity in Health: Ending the Epidemic
Sustainable Technology for Clean Air
Operational Efficiency, Readiness, and Mission Accomplishment
Keep Soil Alive, Protect Soil Biodiversity
Dignity, Freedom, and Justice for All
India's victory over Pakistan in 1971
Empowering Farmers through Agri-Tech
Digital Governance for Inclusive Growth
Sahitya Akademi Awards 2025
🏆 24 Indian Languages
English award for 'Post-Pandemic Rural India' novel; Hindi award for poetry anthology 'Samay Ke Hastakshar'. Each award includes ₹1,00,000, copper plaque, and shawl. Bhasha Samman for classical literature. Tribal literature recognized in Santhali and Bodo.
IPL 2026 Mega Auction
🏆 Held in Jeddah, Saudi Arabia
Record-breaking bid of ₹28.5 Crore for Indian fast bowler. RTM (Right to Match) 2.0 introduced for more flexibility.
Asian Champions Trophy (Hockey) 2025
🏆 India won 6th title
Defeated Pakistan 4-2 in final held in Muscat. Captain named 'Player of the Tournament'.
Based on December 2025 current affairs
The 16th Finance Commission submitted its final report on December 15, 2025, covering FY 2026-31.
A declaration at COP30 where 12 nations pledged $25 billion for tropical forest restoration by 2030.
T+0 means shares and funds are transferred on the same day of trade. India is the first major economy to implement it for top 500 listed companies.
Gaganyaan-2 was launched on December 24, 2025, as the second unmanned test flight.
This comprehensive current affairs digest covers all important events of December 2025 including 16th Finance Commission final report (41% vertical devolution for FY 2026-31), COP30 Summit in Belém (Belem Declaration, $25B forest pledge, NCQG), RBI MPC keeps repo rate at 6.5% (15th consecutive time, UPI limit increased to ₹10L), SEBI's T+0 settlement for top 500 companies (India first major economy), ISRO's Gaganyaan-2 mission (second unmanned test flight, Crew Escape System tested at 15km), Project Cheetah (3rd generation cubs, population 15, Gandhi Sagar Sanctuary as second home), GRAP-IV in Delhi NCR (AQI 450+, truck ban, construction ban), Sahitya Akademi Awards 2025 (24 languages, ₹1L prize), IPL 2026 Mega Auction (₹28.5Cr record bid), and Asian Champions Trophy Hockey (India defeated Pakistan 4-2). Perfect for UPSC, SSC, Banking, Railways, HSSC, UKSSSC, and all state-level competitive exams.
Source: Chronos Intelligence Hub • Research Grade Analysis • For Educational Purposes