Daily Current Affairs- 11th November 2025

Daily Current Affairs- 11th November 2025

Assam Passes Bill to Ban Polygamy

In the News: The Assam Legislative Assembly passed the Assam Polygamy Prohibition Bill, 2025, making it the first state in India to explicitly outlaw the practice of polygamy through a state-level law. The move aligns with Chief Minister Himanta Biswa Sarma’s commitment to promote gender equality and reform outdated personal laws through a uniform legal framework.

Key Points:

• Legislative Approval: The Assam Polygamy Prohibition Bill, 2025 was passed by the Assembly, prohibiting Muslim men — and citizens of all communities — from contracting more than one marriage during the lifetime of their spouse.
• Objective: The law seeks to uphold women’s rights, equality, and justice, reinforcing the constitutional principles of dignity and non-discrimination.
• Applicability: The prohibition applies across all religions and personal laws, ensuring uniformity and overriding any conflicting customary practices.
• Penalty Provisions: Violators may face rigorous imprisonment up to seven years and monetary fines, with the offence classified as cognizable and non-bailable.
• Constitutional Context: The Bill draws inspiration from Article 44 (Directive Principles of State Policy), which encourages a Uniform Civil Code (UCC) for citizens across India.
• State Initiative: Assam became the first Indian state to enact such legislation, following the recommendations of a legal committee constituted by the state government in 2023 to examine the legality of banning polygamy under existing laws.

India Shines: Mumbai and Delhi Make World’s Billionaire City List

In the News: According to the latest Hurun Research Institute report, India’s two major cities — Mumbai and New Delhi — have climbed into the top 10 globally for the number of billionaires residing there. Mumbai secured the third-rank with 92 billionaires, while New Delhi entered the list at ninth place with 57 billionaires.

Key Points:

• Global Rankings: Mumbai ranked 3rd worldwide and New Delhi 9th, highlighting India’s growing influence in global wealth creation.
• Wealth Concentration: Mumbai’s rise is powered by its role as India’s commercial and financial hub, with booming sectors like finance, real estate and technology driving ultra-high-net-worth growth.
• Economic Implications: The inclusion of these cities underscores India’s expanding billionaire class and reflects broader trends of entrepreneurship, stock-market growth and asset accumulation.
• Urban Wealth Geometry: The figures illustrate how major Indian metros are becoming global wealth centres, aligning with emerging patterns of wealth concentration in urban areas.

Red Fort Blast 2025 – Full Incident Overview

In the News: A devastating car explosion near the iconic Red Fort metro station in Old Delhi killed at least eight people and injured over 20. Indian authorities are investigating it under anti-terror legislation, while the monument remains a high-symbol site.

Key Points:

• What happened: Around 7 p.m. local time, a slow-moving white Hyundai i20 stopped at a red light near the Red Fort metro station gate, then exploded, triggering fires in at least six vehicles and three auto-rickshaws.
• Casualties and damage: Eight people were confirmed dead, at least 20 injured, multiple vehicles destroyed, and damage to nearby structures and a Sikh place of worship.
• Investigation & legal action: The case has been registered under the Unlawful Activities (Prevention) Act (UAPA) and the National Investigation Agency (NIA) has taken over. Authorities are probing suspicions of a fidayeen-style attack rather than an accident.
• Symbolic impact: The Red Fort, a 17th-century UNESCO World Heritage site and the venue for the Prime Minister’s annual Independence Day address, adds emotional and political weight to the incident.
• Response & security alerts: India’s Prime Minister Narendra Modi vowed the “conspirators … will not be spared.” Home Minister Amit Shah ordered high-level review meetings and directed full pursuit of the perpetrators. Security alerts were raised nationwide.
• International and domestic reactions: Global leaders expressed condolences, while several Indian states and major cities heightened security at transport hubs and public sites.

Co-Op Kumbh 2025

In the News: The Co‑Op Kumbh 2025 an international conference on the future of India’s urban cooperative banking sector was inaugurated in New Delhi by Amit Shah, Union Minister of Cooperation. The two-day event culminated in the adoption of the Delhi Declaration 2025, a strategic roadmap designed to modernise, digitise and expand Urban Cooperative Banks (UCBs) across the country.

Key Points:

• Major Launches: Two digital initiatives — Sahkar Digi‑Pay and Sahkar Digi‑Loan — were unveiled to enable smaller UCBs to offer real-time digital payment and credit services. 
• Expansion Target: A goal was announced to establish at least one UCB in every Indian city with a population above 2 lakh within five years.
• Blueprint for Reform: The Delhi Declaration 2025 outlines reforms in governance, capital adequacy, risk-management and digital inclusion for UCBs and credit societies up to 2030.
• Sectoral Progress: Addressing the event, the minister noted that NPAs in the UCB sector had fallen significantly — from about 2.8 % to 0.6 % — signalling the effect of recent reforms.
• Global Context: The conference coincided with the International Year of Cooperatives 2025, aligning India’s cooperative banking reforms with global cooperative movement goals.

David Szalay Wins the 2025 Booker Prize for Flesh: A Landmark for Hungarian-British Literature

In the News: The prestigious Booker Prize for fiction was awarded to David Szalay for his novel Flesh making him the first Hungarian-British author to win this major literary accolade.

Key Points:

• Winner & Novel: The novel Flesh was chosen by the judges for its distinctive style, minimalist prose and the way it traces the life of István, a Hungarian immigrant navigating class, trauma, migration and masculinity.
• Cultural Significance: Szalay’s win marks a landmark moment for Hungarian-British literature, highlighting cross-national identity and opening doors for hybrid literary voices in English-language fiction.
• Reactions: The judging panel, chaired by Roddy Doyle, praised the book’s “creative courage” and said they had never read anything quite like it.
• Impact on Publishing: The novel is published by Jonathan Cape, marking their tenth Booker win and reinforcing the imprint’s status in literary publishing.
• Broader Themes: Flesh touches on themes of identity, power, alienation and the physicality of life — using silence, absence and sparse language to convey meaning.

Bangladesh Becomes First South Asian Nation to Join UN Water Convention

In the News: Bangladesh officially acceded to the Convention on the Protection and Use of Transboundary Watercourses and International Lakes (commonly known as the UN Water Convention) on June 20, 2025, thereby becoming the first country in South Asia to join this legal framework.

Key Points:

• Treaty Details: The Convention was adopted in Helsinki in 1992 and entered into force in 1996. It was opened to all UN member-states in 2016.
• Significance for Bangladesh: As a deltaic country reliant on more than 50 shared rivers, Bangladesh’s accession offers a multilateral legal platform to address upstream water use, climate-driven flood/drought risk and transboundary water governance.
• Regional Implications: India remains a non-signatory, and Bangladesh’s move may shift regional hydrodiplomacy, potentially affecting bilateral water-sharing arrangements and India’s negotiation leverage.
• Link to SDGs: The Convention aligns with SDG 6.5 (integrated water resources management) and supports SDGs 2 (zero hunger), 13 (climate action) and 16 (peace, strong institutions).

2nd WHO Traditional Medicine Global Summit Scheduled In Delhi

In the News: New Delhi will host the second WHO Global Summit on Traditional Medicine, co-organised by the WHO and India’s Ministry of Ayush. The summit will be held at Bharat Mandapam under the theme “Restoring Balance: The Science and Practice of Health and Well-being”.

Key Points:

• Summit Dates & Venue: Scheduled for 17–19 December 2025, venue: Bharat Mandapam, New Delhi.
• Theme & Focus: Theme emphasises integrating traditional medicine with modern health systems, promoting evidence-based research, regulation and global cooperation. 
• Hosts & Partners: Co-hosted by the WHO and the Indian Ministry of Ayush; preparatory MoU signed in October 2025 between WHO and the Government of India.
• Objectives: Advance the implementation of the WHO Traditional Medicine Strategy 2025–2034, enhance quality and safety of traditional medicine, strengthen regulatory frameworks and support universal health coverage.
• Global Significance: With over 170 countries reporting use of traditional medicine, the summit is set to mobilise multi-stakeholder dialogue and partnerships for health systems transformation.

IN-SPACe, SIDBI Launch ₹1,000-Crore Venture Capital Fund

In the News: Indian National Space Promotion and Authorisation Centre (IN-SPACe) and SIDBI Venture Capital Ltd (SVCL), a subsidiary of Small Industries Development Bank of India (SIDBI), signed a contribution agreement in Ahmedabad to operationalise a dedicated ₹1,000 crore venture capital fund aimed at boosting India’s private space‐technology ecosystem.

Key Points:

• Fund Approval & Structure: The Union Cabinet approved the fund in October 2024, and the Securities and Exchange Board of India (SEBI) granted approval on 31 October 2025. SVCL was appointed as fund manager in March 2025.
•  Purpose: The fund will invest in early and growth-stage startups working in launch technologies, satellite systems, in-space services, earth-observation, communication platforms and downstream applications.
• Strategic Significance: The initiative aligns with India’s objective of building a self-reliant, globally competitive space industry, and marks a major step in enabling private sector participation in space.
• Implementation Location: The contribution agreement was signed in Ahmedabad, signalling Gujarat’s growing role in India’s space ecosystem.