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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102115) | |
671. India's services PMI rises to 59.8 in Nov on 'historically sharp' expansion
- On December 3, 2025, data showed India’s services sector regained momentum in November, with the HSBC Services PMI rising to 59.8 from 58.9 in October 2025, indicating a strong, historically sharp expansion driven by robust new business inflows despite slower international sales.
- Input price inflation hit a five-and-a-half-year low, leading to minimal increases in selling prices, while employment stayed largely unchanged; India’s composite PMI remained strong at 59.7, reflecting steady but slightly softened overall activity.
- Manufacturing growth eased, with the Manufacturing PMI falling to 56.6 from 59.2 in October 2025 its weakest improvement in nine months—though new orders and output continued to expand above long-term trends.
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672. India Successfully Conducts High-Speed Rocket-Sled Test, Joins "Elite Club"
- On December 3, 2025, India achieved a major milestone as DRDO successfully conducted a high-speed rocket-sled test of a fighter aircraft escape system at controlled velocity (800 km/h), validating canopy severance, ejection sequencing and full aircrew recovery placing India among a select group of nations with advanced in-house escape-system testing capability.
- The dynamic test, carried out at DRDO’s Rail Track Rocket Sled facility in Chandigarh with ADA and HAL, used a dual-sled setup and an instrumented anthropomorphic dummy to accurately simulate real ejection loads, accelerations and pilot-survival conditions; the entire event was recorded via onboard and ground-based systems.
- In a rocket-sled test, the system coupled with a rocket propulsion mechanism is run at a high speed on a pair of rails to simulate a moving aircraft in mid-air, a senior official said.
673. Nearly 2 Lakh Startups Recognised Under Startup India, Generating Over 21 Lakh Jobs: Piyush Goyal
- On December 2, 2025, the government reported that 1,97,692 entities had been recognised as startups under Startup India, with 4,147 receiving Section 80-IAC eligibility for three-year tax deductions, and collectively generating over 21.11 lakh direct jobs across all States and UTs.
- Maharashtra leads with 34,444 startups creating 3.76 lakh jobs, nearly half of all recognised startups have at least one woman founder, and major funding schemes FFS, SISFS and CGSS—have together supported hundreds of AIFs, incubators and loans amounting to thousands of crores.
- Non-financial reforms include regulatory simplification of 47,000+ compliances, 34,400+ startups onboarded on GeM (₹47,500 crore orders), 16,000+ patent filings, national awards, Startup Mahakumbh, and strong growth in green tech with 4,024 recognised climate-tech startups.
674. Ministry of Tourism and Mastercard Sign MoU to Strengthen India's Position as a Global Tourism Hotspot
- On December 2, 2025, India’s Ministry of Tourism signed a two-year MoU with Mastercard to promote India as a premium global destination using Mastercard’s Priceless™ platform, showcasing cultural, spiritual, natural and culinary experiences beginning with Goa, Varanasi and regions of Andhra Pradesh.
- The partnership will involve curated collaborations with State Tourism Boards, ASI and the Ministry of Culture to build high-impact travel corridors, while also encouraging secure and responsible digital payments across the tourism ecosystem to benefit domestic and international travellers.
- Mastercard will expand safe digital payment acceptance across remote regions, support tourism-linked economic participation for local communities and explore innovative co-branded payment products, strengthening India’s tourism value chain over the 24-month agreement.
Click here to find 241 similar incidents of Make in India / Atmanirbhar -> Tourism
675. Govt mandates 'Sanchar Saathi App' on all mobile handsets used in India
- On December 2, 2025, the DoT mandated that all mobile phones made or imported for India must come with the Sanchar Saathi app pre-installed, fully visible and functional at first use, to curb fake handsets, IMEI tampering, telecom misuse and cyber-fraud under the Sanchar Saathi cybersecurity initiative.
- The app allows users to verify handset authenticity via IMEI, report fraudulent calls/messages, identify connections in their name, and block or check stolen/blacklisted devices—critical because India’s large second-hand market often sees spoofed IMEIs and resale of stolen phones, creating security risks and financial loss.
- Manufacturers must push the app via software updates for devices already in the market, comply with Telecom Cyber Security rules, and complete implementation in 90 days (with reporting in 120 days), enabling stricter action on tampered IMEIs and improving telecom safety nationwide.
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676. India’s FDI jumps 18 pc to $35.18 billion in Q2 FY26, US inflows more than double
- On December 2, 2025, official data showed India’s FDI inflows rebounded strongly, rising 18% YoY to $35.18 billion in April–September 2025, with the June–September quarter 2025 alone surging over 21%, signalling renewed investor confidence.
- Services led with 16% of equity inflows ($5.09B), US investment more than doubled to $6.62B, and Maharashtra (31%), Karnataka (21%) and Gujarat (15%) continued as dominant FDI hubs.
- India’s economy showed strong momentum with Q2 GDP at 8.2%, powered by manufacturing (9.1%), construction (7.2%) and high-growth financial/real-estate services (10.2%), reinforcing broad-based recovery.
Click here to find 168 similar incidents of Bharat Economic Growth -> Indian Economy
677. NHAI and Reliance Jio sign MoU to deliver real-time safety alerts across national highway
- On December 2, 2025, reports highlighted that NHAI signed an MoU with Reliance Jio to send advance road-safety alerts to highway users through telecom networks.
- Jio subscribers will get warnings via SMS, WhatsApp and priority calls about accident-prone stretches, cattle zones, fog areas and diversions, with phased integration into Rajmargyatra and helpline 1033.
- Using existing telecom towers, the system aims to boost awareness, cut preventable incidents and become a national model for technology-driven road-safety management.
Click here to find 427 similar incidents of Make in India / Atmanirbhar -> Roads and Highways
678. India's PE/VC Surge: Investments Hit 5.3 billion USD in Oct 2025 as PIPE Deals and Startups Lead the Upswing
- On December 2, 2025, it was reported , Private equity and venture capital (PE/VC) investments in India touched $5.3 billion across 102 deals in October 2025, marking a 9% rise year-on-year, according to the EY-IVCA monthly roundup. Pure-play PE/VC investments hit a 13-month high of 5 billion USD - an 81% increase over October 2024 while real estate and infrastructure investments fell sharply by 86%
- Private investments in public equity (PIPE) emerged as the dominant deal category, surging nearly ten-fold to 2.1 billion USD.
- Startup investments followed at 2 billion USD, up 175% year-on-year. Growth investments fell to 810 million USD while buyouts remained flat at 227 million USD.
Click here to find 168 similar incidents of Bharat Economic Growth -> Indian Economy
679. HAL leads as Indian defence giants see 8.2% revenue surge in SIPRI global arms report Read more at: https://english.mathrubhumi.com/news/india/india-defence-revenue-sipri-report-qep26iys
- On December 2, 2025, data showed India’s major defence firms posted an 8.2% rise in arms revenue to $7.5 billion, led by HAL, BEL and MDSL in SIPRI’s Top-100 list
- HAL saw a slight dip but remained India’s largest producer, BEL recorded the strongest 23.6% surge due to radar and EW orders, and MDSL posted steady submarine-warship growth.
- Globally, U.S. and European firms drove a 5.9% rise to $679 billion, with Lockheed Martin leading, while SIPRI’s earlier report placed India’s 2024 defence spending at $86.23 billion.
680. Southern Command conducts successful long-range precision launch of BrahMos missile
- On December 1, 2025, THE SOUTHERN Command of the Indian Army successfully carried out a long range precision launch of the BrahMos Supersonic Cruise Missile from a test range in the Bay of Bengal.
- Army leadership called the launch a major boost to long-range precision-strike capability, showcasing the reliability of indigenous systems and progress under Atmanirbhar Bharat.
- Developed by DRDO and Russia’s NPOM, BrahMos has been in service since 2005–2007 across Navy, Army, and Air Force, with multiple upgraded variants tested over the past two decades.
- From the first successful launch, the Brahmos saw first induction into the Navy in 2005, into the Indian Army in 2007 and first successful flight from IAF’s Sukhoi-30 MKI fighter in 2017.