Current Affairs 11 November 2025

PIB Current Affairs

Co-Op Kumbh 2025

Union Home Minister and Minister of Cooperation Amit Shah addressed the international conference “Co-Op Kumbh 2025” in New Delhi, focused on strengthening the urban cooperative credit sector. The event, organized by NAFCUB, unveiled the ‘Delhi Declaration 2025’, which will serve as a roadmap for expanding Urban Cooperative Banks (UCBs).

Conference highlights:

• Launch of Sahkar Digi-Pay and Sahkar Digi-Loan apps to digitally empower even the smallest UCBs.
• Plan to establish one Urban Cooperative Bank in every city with a population above 2 lakh within five years.
• NPAs have been significantly reduced from 2.8% to just 0.6% in the past two years.
• The government is focusing on modernizing cooperatives, improving operational standards, and increasing their reach.
• Generation Sahakar initiative and Tribhuvan Sahkari University aim to integrate youth into the cooperative movement.

Exercise Mitra Shakti XI – 2025

The 11th edition of the India–Sri Lanka joint military exercise “Mitra Shakti-2025” commenced on 10 November 2025 at the Foreign Training Node, Belagavi, Karnataka. The exercise will continue till 23 November 2025.

Hindu Current Affairs

Altermagnetism

Scientists have identified altermagnetism as a third fundamental magnetic order, alongside ferromagnetism and antiferromagnetism. First proposed in 2019 and experimentally validated in 2024, altermagnets have zero net magnetisation like antiferromagnets, but show spin-splitting similar to ferromagnets.

This unique combination allows them to carry spin-polarised currents without producing stray magnetic fields, making them highly promising for next-generation spintronics, quantum technologies, and terahertz-speed devices. Recent studies using ARPES and X-ray magnetic dichroism confirmed altermagnetic behaviour in materials like manganese telluride (MnTe) and ruthenium dioxide (RuO₂).

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