Verify it's really you

Please re-enter your password to continue with this action.

Published on Dec 31, 2026
Current Affairs
EduTips Daily CA Bullet Points (31 December 2025)
EduTips Daily CA Bullet Points (31 December 2025)

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.