Digest for 10 September, 2025
Political Crisis in Nepal Escalates as PM Resigns and Army Takes Control
Nepal is facing a constitutional and administrative vacuum after Prime Minister K.P. Oli resigned amid violent, youth-led anti-corruption protests that have left at least 19 dead. Demonstrators torched major government buildings, including Parliament and the Supreme Court. The Nepal Army has taken control of security in Kathmandu, imposing a curfew and deploying personnel across the capital. India has issued emergency contact numbers for its stranded nationals, while several airlines, including Air India and IndiGo, have suspended flights to Kathmandu.
Indian Markets Surge on Renewed Hopes for India-US Trade Deal
India's benchmark stock indices, Sensex and Nifty, rallied following positive remarks from U.S. President Donald Trump about ongoing trade negotiations. Trump stated he was certain of a "successful conclusion" to talks aimed at addressing trade barriers. This signals a potential thaw in bilateral economic relations after recent tariff tensions. The optimism spurred a market rally, particularly in IT stocks, with the BSE Sensex jumping over 440 points and the NSE Nifty crossing the 24,900 mark in early trade.
Poland Downs Drones Breaching Airspace During Russian Attack on Ukraine
Poland's military shot down drones that entered its airspace from the direction of Ukraine during a massive wave of Russian aerial strikes. Prime Minister Donald Tusk confirmed the action, stating the drones posed a direct threat and that he had informed the NATO Secretary General. The incident placed Poland's armed forces on heightened alert and led to a temporary closure of airspace over part of the country, affecting flight operations at Warsaw's Chopin Airport, significantly raising tensions on NATO's eastern flank.
Centre Announces Over ₹3,000 Crore in Aid for Flood-Hit Himachal and Punjab
The central government has announced financial assistance of ₹1,500 crore for Himachal Pradesh and ₹1,600 crore for Punjab to aid relief and rehabilitation efforts following devastating floods and landslides. The announcement came after Prime Minister Narendra Modi conducted an aerial survey of the affected regions. The funds include advance releases from the State Disaster Response Fund (SDRF) and will support rebuilding homes, restoring infrastructure, and providing assistance to farmers in the two states, which have suffered extensive damage.
NDA Candidate C.P. Radhakrishnan Elected as India's 15th Vice President
National Democratic Alliance (NDA) candidate C.P. Radhakrishnan has been elected as India's next Vice President. The former Governor of Maharashtra defeated the joint opposition candidate, retired Supreme Court judge B. Sudershan Reddy, by securing 452 votes to Reddy's 300. Radhakrishnan, a veteran BJP leader from Tamil Nadu, will also serve as the ex-officio Chairman of the Rajya Sabha. The election was necessitated by the resignation of Jagdeep Dhankhar in July due to health reasons.