Current Affairs - Awards and Honours

Indranil Bhattacharyya, Executive Director of the Reserve Bank of India, has been appointed as the newest ex officio member of the Monetary Policy Committee (MPC), replacing Rajiv Ranjan ahead of the October 2025 policy meeting. With over 28 years of experience in central banking, Bhattacharyya has played a significant role in monetary policy formulation, having also served as Executive Director of the Department of Economic and Policy Research. His international experience at the Qatar Central Bank and academic background from JNU further strengthen his expertise. His appointment ensures continuity and expertise in the RBI’s critical policy-making body.

Srinivasan K Swamy, Executive Group Chairman of R K Swamy Ltd, has been re-elected as the President of the Advertising Agencies Association of India (AAAI) for 2025-26. This marks his fourth term as AAAI President, coinciding with the association’s 80th anniversary of representing the advertising industry in India. Swamy, a veteran leader in the advertising and communications sector, is recognised for his influential role in advancing collaboration, ethical practices, and policy advocacy. His prior leadership experience (2004–2007) and continued industry influence ensure strong guidance for AAAI as it navigates challenges and opportunities in the digital era.

Satish Golcha, a 1992-batch IPS officer from the AGMUT cadre, has been appointed as the new Commissioner of Police, Delhi. He assumed charge after Sanjay Arora’s retirement and the interim tenure of Shashi Bhushan Kumar Singh. Golcha has held several key positions in his career, including DGP of Arunachal Pradesh, Special Commissioner in Delhi Police, and DG (Prisons) overseeing Tihar, Mandoli, and Rohini jails. Known for his experience in law & order, intelligence, and his tenure in the CBI, his appointment ensures continuity in Delhi Police leadership at a time when the capital faces increasing law and order challenges.

Manika Vishwakarma from Ganganagar, Rajasthan, was crowned Miss Universe India 2025 in Jaipur, emerging victorious among 50 contestants from across the country. Her win secures her place as India’s representative at the 74th Miss Universe pageant to be held in Thailand. Manika’s journey has been remarkable, beginning with her title of Miss Universe Rajasthan 2024, which paved her way to the national stage. She credits her mentors and supporters for shaping her growth in pageantry, which she describes as a platform that develops character beyond competition. India now looks forward to continuing its legacy of Miss Universe triumphs through her.

Ravi Narayanan, a seasoned banking professional and former Group Executive at Axis Bank, has been appointed as the CEO of SMFG India Credit. His appointment is significant as it represents the first major leadership shift since SMFG’s complete acquisition of Fullerton India Credit. Narayanan brings extensive expertise in retail liabilities, branch banking, and products, making him a strong fit to lead the company into its next phase of growth. Unlike his predecessors, who were closely tied to Fullerton’s legacy, Narayanan’s entry reflects SMFG’s clear intent to drive a new strategic direction with an operational model that aligns more closely with its global vision.