Daily Current Affairs — 9 October 2025
5 articles • UPSC Prelims & Mains
Invasive Alien Species
In News Conservation scientists warn that invasive alien species are destroying local biodiversity and habitats in India. Invasive alien species Definition: They are non-native organisms introduced accidentally or intentionally (e.g., ornamental fish, decorative plants, or for land restoration). They often lack natural predators in the new environment, allowing them to multiply unchecked.
Nobel Prize in Chemistry 2025
Context Susumu Kitagawa, Richard Robson and Omar Yaghi are awarded the Nobel Prize in Chemistry 2025. About It was awarded for discovering and creating a class of materials, called metal-organic frameworks (MOF). Metal Organic Frameworks: MOFs are crystalline structures in which metal ions serve as nodes and organic molecules as connectors.
GIFT City's New Forex Settlement System
Context Union Finance Minister Nirmala Sitharaman launched a Foreign Currency Settlement System (FCSS) at the International Financial Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City). Significance Faster settlements: Earlier, settlements took 36–48 hours through the traditional correspondent banking system, involving foreign intermediaries. Real Time Transactions: Transactions in foreign currencies (like USD, Euro, Yen) can now be settled in real time or near real tim
Draft Shram Shakti Niti, 2025 Unveiled
Context Recently, the Union Ministry of Labour Employment has unveiled the Draft National Labour and Employment Policy, titled as Shram Shakti Niti 2025, aimed at reshaping India’s labour landscape. About the Shram Shakti Niti 2025 It aims to build a labour ecosystem that is inclusive, equitable, and resilient, ensuring dignity, protection, and opportunity for every worker, rooted in the civilizational ethos of śrama dharma—the moral value of work.
RBI Introduces Unified Markets Interface to Tokenize Financial Assets
In News The Reserve Bank of India (RBI) is advancing asset tokenization with its new Unified Markets Interface (UMI). Asset Tokenization Definition: It converts real-world assets into digital tokens on blockchain, creating fractional ownership and global trading opportunities. Outcome: It offers new possibilities for the financial markets in expanding access, improving transparency and enhancing settlement efficiency through smart contracts.