Government Securities (G-Secs) are debt instruments issued by the central or state governments to borrow money from the public. They are considered one of the safest investment options because they carry the sovereign guarantee of the government. Types of G-Secs: Key Features: Issuing Authority: Purpose: Investors:
SEBI Proposes Easing Geo-Tagging Requirement for NRIs in KYC
Source: BS Context: The Securities and Exchange Board of India (SEBI) has proposed easing the geo-tagging requirement for Non-Resident Indian (NRI) clients during their re-KYC or KYC process. Key Highlights: Significance:
New Bank Nomination Rules 2025
Source: TOI Context: The Ministry of Finance has announced that new provisions under the Banking Laws (Amendment) Act, 2025 — relating to nomination facilities, claim settlement, and depositor protection — will come into effect from November 1, 2025. These reforms mark a major step toward improving transparency, flexibility, and uniformity in the banking system. Legal Background Objectives of the New Provisions Key Features of the New Nomination Rules 1. Multiple Nominations (Up to Four) 2. Simultaneous Nomination 3. Successive Nomination 4. Simplified Claim Settlement 5. Uniform Implementation
Microfinance Institutions (MFIs)
Context: Non-Banking Financial Companies (NBFCs) and fintechs are increasing lending to low-income micro-borrowers, a segment traditionally served by Microfinance Institutions (MFIs). This growth is attracting regulatory scrutiny due to potential risks of over-indebtedness. MFIN Guardrails Key Objectives: Functions:
‘23for23’ Initiative and National Snow Leopard Census
Context: India observed International Snow Leopard Day (23 October 2025) with the nationwide ‘#23for23’ campaign. The government unveiled the first-ever National Snow Leopard Census, recording 718 individuals across the Indian Himalayas. About the ‘23for23’ Initiative About the Snow Leopard
India Re-elected as Vice-Chairperson of UNESCO Anti-Doping Bureau
Event: UNESCO International Convention against Doping in Sport Objectives Key Features
India Endorses Transboundary Conservation Plan under CAMI
Context: Central Asian nations, including India, have endorsed a six-year transboundary conservation plan under the Central Asian Mammals Initiative (CAMI) to protect 17 migratory mammal species across Central Asia’s vast ecological corridors. The plan aims to enhance regional cooperation to address shared threats like habitat loss, illegal hunting, and climate change impacts. About Central Asian Mammals Initiative (CAMI) The Central Asian Mammals Initiative (CAMI) is a collaborative conservation framework under the Convention on the Conservation of Migratory Species of Wild Animals (CMS). It seeks to ensure the survival and ecological connectivity of migratory and nomadic mammal species across the Central Asian landscape. Aim Key Features India’s Role
Blackbuck Makes Comeback in Chhattisgarh’s Barnawapara Sanctuary
Context: The blackbuck, declared locally extinct in Chhattisgarh in 2017, has made a remarkable recovery under ax five-year revival plan (2021–2026) in Barnawapara Wildlife Sanctuary. About Barnawapara Wildlife Sanctuary A protected forest and wildlife sanctuary in Chhattisgarh, known for rich biodiversity, thriving herbivore and carnivore populations, and grassland–forest ecosystems that support both conservation and eco-tourism. Conservation Status Key Features
Coast is Clear for Doing Business Sustainably – NITI Aayog Report
Context: NITI Aayog has proposed reforms to coastal regulation and green cover requirements to unlock land for economic activities while balancing environmental concerns. Key Proposals: Concerns & Risks: Way Forward:
NFR Introduces Intrusion Detection System to Protect Elephants
Source: IE The Northeast Frontier Railway (NFR) has deployed an Intrusion Detection System (IDS) along key elephant corridors to prevent train–elephant collisions. About IDS An AI- and sensor-based surveillance system that uses vibration-sensitive fibre optic cables to detect elephants or other large animals near railway tracks and send instant alerts to control rooms. Aim: How it Works Key Features