9th September 2025 Daily Current Affairs

National & Political Affairs

• C. P. Radhakrishnan Elected Vice President of India
  In the early vice-presidential election held today, C. P. Radhakrishnan of the BJP-led NDA secured the position, garnering 452 of the 752 valid votes. He defeated opposition candidate B. Sudarshan Reddy, who received 300 votes. This marked the first early election for the post since 1987.

• Crucial India–EU Trade Talks Underway
  High-level negotiations between India and the European Union continue in New Delhi, aiming to seal a Free Trade Agreement by the end of 2025. While eleven chapters—covering digital trade, intellectual property, and dispute resolution—are finalized, sticking points remain around agriculture, dairy, automobiles, alcohol, rules of origin, and food safety standards

Markets & Economy

• Markets Rise on U.S. Rate-Cut Expectations
  Indian equity markets rallied for the fifth straight session, led by IT stocks. Notably, Infosys’ share buyback plan helped the Nifty 50 and BSE Sensex rise by around 0.4%, with mid- and small-cap segments also showing gains.

• Rupee Stabilizes, Bond Yields Ease
  The Indian rupee, previously at a record low, recovered slightly to ₹88.27/USD, aided by RBI intervention. Government bond yields dropped to 6.5678%, driven by easing fiscal concerns and falling U.S. yields. Upcoming inflation data will be critical in shaping future trends.

• Consumer Inflation Likely Edged Up in August
  A Reuters poll indicates a pickup in August’s consumer inflation—forecast at 2.10%, up from July’s 1.55%. Nonetheless, prices are expected to remain below the RBI’s 4% target for the seventh consecutive month. Core inflation is estimated at 4.20%, with wholesale prices also trending upward.

Global Markets & Commodities

• Gold Hits Another Record High
  Driven by surging expectations of a U.S. interest rate cut, gold prices soared to a new peak of $3,666 per ounce. The rally is partly fueled by a weaker U.S. dollar and low Treasury yields. Investors await upcoming U.S. inflation data for further direction

Social & Cultural Insights

• Today Marks Shraddha (Tarpan) on Pitru Paksha
  According to the Hindu lunisolar calendar, 9 September corresponds to the Dwitiya Tithi of Pitru Paksha, a period dedicated to ancestral rites via tarpan. The tithi ends at 6:29 PM, with the Rahu Kaal—considered inauspicious—falling between 3:00 PM and 4:30 PM.

• Reopening of Schools in Flood-Affected Punjab
  Following severe floods that closed schools since late August, institutions in Punjab are reopening today. Deputy Commissioners have inspected schools to ensure safety before resuming classes

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