Daily Current Affairs – 3 December 2025

Indian Rupee falling to 90.14 per US Dollar shown with a red downward arrow on a blue financial grid background

Important Day & Observance

International Day of Persons with Disabilities (IDPD 2025)

3 December is observed annually as the International Day of Persons with Disabilities.
The 2025 theme — “Fostering disability-inclusive societies for advancing social progress” — emphasised:

  • Accessibility in public infrastructure
  • Equal opportunities in education and employment
  • Social protection measures
  • Rights-based inclusion in policymaking

Governments, schools, civil-society groups, and NGOs worldwide organised awareness events, campaigns and discussions to highlight the need for stronger disability-inclusive development frameworks.


National & Strategic Affairs

Russia Ratifies the Indo-Russian RELOS Defence Logistics Agreement

Russia’s State Duma, on 3 December 2025, ratified the Reciprocal Exchange of Logistic Support (RELOS) agreement with India.

Key features of the agreement include:

  • Access for both militaries to each other’s ports, airbases and facilities
  • Provision for refuelling, repairs, berthing and maintenance
  • Support for joint exercises, maritime missions and humanitarian operations
  • Strengthening of long-term strategic cooperation

The ratification came just before President Vladimir Putin’s scheduled visit to India (4–5 December 2025), signalling deeper military and strategic alignment between the two nations.


Economy & Markets

Indian Rupee Falls Below ₹90 per US Dollar for the First Time

On 3 December 2025, the Indian rupee breached a historic low, trading past ₹90 per US dollar.

Reasons behind the fall:

  • Persistent foreign-capital outflows
  • Lack of progress on key international trade agreements
  • Strengthening of the US dollar globally
  • Wider trade deficits and heavy import bills
  • Investor caution amid global uncertainties

Impact on the economy:

  • Higher cost of imported fuel and essential commodities
  • Rising prices of electronics, metals and capital goods
  • Increased inflationary pressure
  • Costlier foreign travel and overseas education
  • Boost for export-oriented sectors like IT services

Indian IT stocks, including major companies such as Infosys, TCS and Wipro, saw gains of up to 2%, reflecting the sector’s benefit from a weaker rupee.


Spike in Russian Investments Flowing Into Indian Equities

According to recent financial data, Russian investments in Indian equities jumped sharply:

  • FY24 → approx. USD 5 million
  • FY25 → approx. USD 18 million (a threefold increase)

This coincides with strengthening Indo-Russian ties, including RELOS ratification and upcoming high-level meetings. The trend suggests:

  • Broadening foreign-investment sources for India
  • Reduced reliance on Western capital inflows
  • Growing Russia–India economic corridors

Global Developments

Amazon Prime Video Introduces a Dedicated Global News Tab

Amazon announced a new “News” tab to be added to Prime Video for its users.

Key elements of the rollout:

  • Dedicated space for live news and curated bulletins
  • Integration of multiple global news providers
  • Aim to make Prime Video a more comprehensive media platform
  • Positioning to compete with news-enabled platforms like YouTube and Roku

This shift represents a broader trend: merging entertainment streaming with real-time news consumption, potentially transforming how users — including those in India — access information.


Geopolitical Tensions in Europe — NATO Reaffirms Preparedness

On 3 December 2025, NATO leadership reiterated that the alliance is “ready to do what it takes” to protect European security, while Russia denied reports of rejecting a proposed Ukraine peace framework.

Key themes discussed:

  • Military readiness
  • Security of Eastern European members
  • Diplomatic deadlock over the Ukraine conflict
  • Heightened Russia-NATO mistrust

Global markets and defence analysts continued monitoring the situation for potential escalations.


Society, Governance & Inclusion

Renewed Focus on Disability Rights in India

Indian institutions marked IDPD 2025 by highlighting:

  • Gaps in accessibility across public spaces
  • Lack of assistive technologies in education
  • Employment barriers for persons with disabilities
  • Need for disability-inclusive digital infrastructure

Experts emphasised that sustained policy efforts will be essential for achieving meaningful progress in inclusive development.


Emerging Trends to Watch

  • Forex volatility: Rupee movement will influence inflation and monetary-policy decisions.
  • India–Russia defence synergy: Expected announcements during Putin’s visit may reshape strategic cooperation.
  • Alternative investment flows: Non-Western capital, especially from Russia, may become increasingly important.
  • Streaming evolution: Amazon’s move could trigger a broader trend of blending news and entertainment.
  • Inclusive governance: IDPD 2025 discussions may accelerate policy adoption on disability rights.

📌 Key Takeaways — 3 December 2025

  • Rupee crosses ₹90/USD, hitting a historic low.
  • Russia ratifies RELOS, strengthening India–Russia defence ties.
  • Russian equity inflows into India triple in a year.
  • Amazon introduces a news section on Prime Video.
  • Global attention on disability rights through IDPD 2025.
  • NATO–Russia tensions remain a key geopolitical hotspot.