6th December 2025 Daily Current Affairs
📰 Major National & International Updates
RBI (Reserve Bank of India) Monetary Policy Decision
The RBI cut its repo rate by 25 basis points, bringing it down to 5.25%.
Alongside, RBI raised India’s FY26 GDP growth forecast to ~7.3%, reflecting optimism about economic growth amid improving macro conditions.
This cut is expected to ease borrowing costs and support credit growth — a potential boost for consumers, businesses (especially MSMEs), and exporters.
IndiGo Flight-Cancellation Crisis & Government Response
IndiGo has cancelled hundreds of flights across major airports (Delhi, Mumbai, Bengaluru, Hyderabad, etc.), affecting travellers badly.
In reaction, the government via the civil-aviation ministry imposed fare caps on domestic flights to prevent airlines from hiking fares opportunistically amid the disruption.
Railways — to manage overflow demand — announced additional coaches on some trains (e.g. Jammu–New Delhi Rajdhani) as a substitute for disrupted air travel.
India–Russia Forum / Diplomatic & Economic Cooperation
As part of recent talks between India and Russia, 16 agreements were exchanged covering defence, trade, economy, health, education, culture & media — strengthening bilateral cooperation across multiple sectors.
The agreements aim to deepen economic links and diversify cooperation beyond traditional areas, signaling long-term strategic alignment
Tech / Export-Industry Update — Smartphone Exports Boom
India’s smartphone export sector has seen a sharp increase: exports grew dramatically (127-fold over a decade), with export value reaching ~US $24.1 billion in FY 2024–25.
In the first half of FY 2025-26 (April–October), smartphone exports rose about 49.35% year-on-year, showing robust global demand — key destinations include the US, UAE, Austria, Netherlands, UK.
The growth is driven by favourable policy (PLI scheme, 100% FDI, duty-free zones), global firms relocating supply-chains (China-plus-one strategy), and China’s reduced dominance — this boosts manufacturing and export base in India
Other Notable Events & Observances
Today marks the 70th Mahaparinirvan Diwas of B. R. Ambedkar — the nation commemorated his legacy and contribution towards the Constitution and social justice.
The foundation stone for the India campus of Australia’s Victoria University was laid in Gurugram — part of expanding international collaboration in higher education
A new “single-window access” mechanism was introduced by SEBI to ease foreign investment for low-risk foreign investors, helping simplify investment procedures and boost inflows.
🔎 Big Picture: Why 6 Dec 2025 Matters
📉 Monetary easing from RBI could fuel growth, support lending, and help revive demand — important amid global economic headwinds and inflation uncertainties.
✈️ The IndiGo flight crisis + railways’ quick response highlight vulnerabilities in aviation and importance of alternate transport modes; regulatory response aims to protect passengers.
🌐 Strengthened India–Russia cooperation and rise in exports (like smartphones) show India positioning itself as a global manufacturing & trade hub, diversifying beyond services.
🧑🏽🎓 Focus on education (Victoria University campus) and exports shows a dual push: human capital + industrial output — both vital for long-term growth and global competitiveness.
✊ Commemoration of Ambedkar emphasises ongoing dialogue on social justice, constitutional values, and equality — underlying elements of India’s democratic fabric.
