3rd November 2025 Daily Current Affairs

🇮🇳 Key Developments

 

Indian Space Research Organisation (ISRO) successfully launched the communication satellite CMS‑03 (≈ 4,410 kg) onboard the LVM3‑M5 rocket from Sriharikota.

India defeated South Africa women’s cricket team in the final to win the ICC Women’s Cricket World Cup 2025 — the country’s first title in this tournament.

India’s Goods & Services Tax (GST) collections for October 2025 rose to ₹1.96 lakh crore, a year-on-year increase of ~4.6%.

Several states announced school holidays on 3 November due to regional observances and weather / rainfall-related conditions.

India plans to nearly triple incentives for rare earth magnet manufacturing (to about US$ 788 million) to boost domestic production of critical minerals.

🔍 Why These Matter

The heavy-satellite launch underscores India’s growing capacity in space infrastructure and strategic communications.

The Women’s World Cup win is significant for sporting history, gender representation, and future investments in women’s sports.

The GST growth slowdown (despite high absolute numbers) signals structural consumption dynamics and tax-policy reflections.

School holidays due to weather/regional issues highlight governance, disaster-preparedness and state-level administrative decisions.

The rare-earth incentive plan shows India aligning with global supply-chain strategy and critical-minerals self-reliance.

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