Current Affairs 06 November 2025

India’s Bioeconomy to Touch $300 Billion by 2030: NITI Aayog.

• NITI Aayog report projects India’s bioeconomy—spanning agriculture, forestry, fisheries & aquaculture—to reach $300 billion by 2030.
• The report, Reimagining Agriculture: A Roadmap for Frontier Technology Led Transformation, highlights frontier tech adoption—AI, digital twins, precision farming & climate-resilient seeds—to boost productivity & sustainability.
• NITI Aayog CEO: BVR Subrahmanyam.

India’s Retirement Index Climbs to 48 Amid Rising Early Planning.

• India’s IRIS 5.0 score rose to 48 (from 44), signalling stronger retirement preparedness driven by early financial planning.
• About 50% of urban Indians now begin saving early, though only 37% reached 25% of their corpus goal.
• The East zone leads in readiness, while women & gig workers show better planning; loneliness & financial dependence fears persist post-retirement.

Telangana Launches AI Innovation Hub for Global Leadership.

• Telangana establishes Telangana Artificial Intelligence Innovation Hub (TAIH) in Hyderabad to drive AI research, innovation, and collaboration across sectors.
• Goal: Position Telangana among the top 20 global AI hubs by 2035, creating a robust AI ecosystem.
• Partners: Collaborations with IIIT, IIT-H, ISB, NALSAR, C-DAC, and global tech leaders like Google, Microsoft, Infosys, and Amazon.

FATF Applauds India’s Asset Recovery Efforts; ED Sets Global Benchmark.

• The FATF’s Asset Recovery Guidance and Best Practices lauds India’s strong asset recovery framework, spotlighting the Enforcement Directorate’s (ED) global benchmarks in tracing and seizing illicit assets.
• It highlights cases restoring ₹60 billion to fraud victims and seizing ₹16.46 billion in crypto assets, citing the Fugitive Economic Offenders Act (2018) as a model law.

Maharashtra Extends Uttan-Virar Sea Link to Vadhavan Port.

• The Maharashtra government approved the extension of the Uttan-Virar Sea Link to Vadhavan Port, enhancing coastal and north-south connectivity in the Mumbai Metropolitan Region.
• The 55.12 km project, chaired by CM Devendra Fadnavis, includes a 24.35 km main sea bridge and key approach roads, expected to ease congestion on major western highways and urban routes.