EduTips Daily CA Bullet Points (31 December 2025)

🇮🇳National
Redevelopment of Batadrava Than: Union Minister Amit Shah inaugurated the redeveloped site of Batadrava Than, the birthplace of Srimanta Sankardeva, at Borduwa in Nagaon, Assam.
Eco-Sensitive Zone Declaration: The Government of India has officially declared the Parvati-Arga Bird Sanctuary in Uttar Pradesh as an Eco-Sensitive Zone (ESZ) to bolster biodiversity conservation and ecotourism.
UGC NET Dec 2025: The National Testing Agency (NTA) commenced the UGC NET December 2025 examination cycle today, which is scheduled to run until 7 January 2026.
Shipbuilding Initiatives: The Ministry of Ports, Shipping & Waterways (MoPSW) notified operational guidelines for the Shipbuilding Financial Assistance Scheme (SBFAS) and the Shipbuilding Development Scheme (SbDS).
🌍International
Satellite Launch: Russia successfully launched the Fregat upper stage from Vostochny Cosmodrome, carrying Aist-2T satellites designed for global monitoring of natural emergencies like fires and floods.
China-Starlink Relations: China has formally expressed concerns regarding SpaceX’s Starlink, citing it as a potential national security threat due to its proximity to Chinese space assets.
Digital Competition Study: The Ministry of Corporate Affairs has called for a global market study on digital competition, focusing on the regulation of "Systematically Significant Digital Enterprises."
💰Economy
India Becomes 4th Largest Economy: India has officially overtaken Japan to become the world’s fourth-largest economy, with a GDP valuation surpassing $4.18 trillion.
GDP Growth Rates: India’s real GDP expanded by 8.2% in Q2 of FY 2025-26, maintaining its status as the world’s fastest-growing major economy.
Repo Rate Cut: The Reserve Bank of India (RBI) has cumulatively cut the repo rate by 125 basis points this year, bringing it down from 6.5% to 5.25%.
Unemployment Trends: The national unemployment rate fell to 4.7% in late 2025, marking the lowest level recorded since April of the same year.
🗓️Date’s importance
New Year’s Eve: Observed globally on 31 December, marking the final day of the Gregorian calendar and the culmination of the holiday season.
Make Up Your Mind Day: An informal day celebrated on 31 December to encourage individuals to make lingering decisions before the start of the New Year.
Universal Hour of Peace: Observed during the final hour of the year (11:30 PM to 12:30 AM) to promote global harmony and reflection.
👱♂️👩🦳Person of the day
Jayshree Ullal: The Indian-origin CEO of Arista Networks topped the Hurun India Rich List 2025 for first-generation women wealth creators, with a net worth of approximately $5.7 billion.
🏅Sports
CA Test XI of 2025: Cricket Australia (CA) released its Test XI for the year 2025; four Indian players featured in the prestigious list following a strong performance in the World Test Championship cycle.
Indian Cricket Year-End Review: Despite mixed results in home Test series, the BCCI recorded its highest-ever annual revenue in 2025, cementing its position as the wealthiest cricket body globally.
🏆Awards
Shipbuilding Excellence: Several Indian shipyards were recognised under the new SBFAS guidelines for indigenous production achievements.
Hurun India Awards: Recognition was bestowed upon top wealth creators and entrepreneurs for their contribution to India’s $4 trillion economy milestone.
⭐️Other important significance
Gold Rates: Silver prices in India hit a historic high on 31 December, reaching ₹2.41 lakh per kg in Delhi due to global industrial demand.
Digital Standards: The Union Ministry unveiled IS 19262:2025, the first-ever Indian Standard for testing "Electric Agricultural Tractors," developed by the Bureau of Indian Standards (BIS).
📚Word of the day
Goldilocks Phase: A term used by the RBI and economists to describe an economic state of "high growth and low inflation," neither too hot nor too cold.