Daily Current affairs and GK Update
National News Updates – July 05, 2025 Banking and Financial Sector Developments SEBI Major Action Against Jane Street Trading Company Securities and Exchange Board of India (SEBI) imposed complete ban on US-based Jane Street Group from Indian securities market Authority seized Rs 4,843 crore (approximately $567 million) as alleged illicit profits from market manipulation activities…
National News Updates Government and Administration Union Minister C.R. Patil launches Unified Flood Forecasting System ‘C-FLOOD’ to enhance flood management capabilities across India Government renames NIPCCD as Savitribai Phule National Institute of Women and Child Development to honor the social reformer’s legacy Defence Ministry initiates arms procurement worth Rs 1 lakh crore including mine counter-measure…
NATIONAL NEWS Prime Minister’s Historic Ghana Visit PM Narendra Modi arrived in Ghana on 02.07.2025 for a historic two-day bilateral visit, marking the first visit by an Indian Prime Minister to the West African nation in over 30 years President John Dramani Mahama personally received PM Modi at Kotoka International Airport with ceremonial guard of…
National News Headlines Prime Minister Modi Celebrates 10 Years of Digital India Initiative PM Modi marked the 10th anniversary of Digital India program on July 1, 2025 Highlighted the transformative journey that empowered citizens and advanced digital governance Called it a decade of empowerment making India a global digital leader Focus on citizen empowerment and…
National News Financial Sector Updates Post Office and Bank Schemes Interest Rates Government keeps interest rates on small savings schemes unchanged for the July-September 2025 quarter Public Provident Fund (PPF) remains at 7.1% for the sixth consecutive quarter National Savings Certificate (NSC) continues at 7.7% Sukanya Samriddhi Yojana (SSY) maintains 8.2% interest rate Senior Citizen…
National News and Government Updates Banking and Financial Sector Developments RBI announced a significant 50 basis points reduction in repo rate to 5.50% during June 2025 monetary policy meeting, marking the second bi-monthly policy statement for FY26 The policy stance was changed back to ‘neutral’ from accommodative, with Standing Deposit Facility rate at 5.25% and…
National News and Government Updates Prime Minister and Policy Announcements Prime Minister Narendra Modi launched centenary celebrations of Acharya Shri 108 Vidyanand Ji Maharaj at Vigyan Bhawan, New Delhi on 28th June 2025, marking the beginning of year-long tribute to the renowned Jain spiritual leader PM Modi’s Mann Ki Baat program scheduled for 29th June…
National News Updates Banking and Financial Sector Developments RBI’s recent monetary policy decisions continue to impact the banking sector significantly, with all banks required to swiftly pass on the 50-basis-point rate cut to customers as emphasized in the latest RBI Bulletin Bank Nifty achieved a remarkable four-month winning streak, driven by RBI rate cuts and…
National Affairs Cabinet Approvals and Government Decisions Union Cabinet chaired by Prime Minister Narendra Modi approved several key proposals on 25.06.2025, marking significant policy developments Government approved the establishment of South Asia regional centre of Lima (Peru) based International Potato Centre at Singna, Agra in Uttar Pradesh Cabinet Committee on Economic Affairs (CCEA) approved the…
NATIONAL NEWS HIGHLIGHTS Government and Policy Updates Prime Minister Modi expressed deep concern over Middle East tensions while DGCA reports revealed safety lapses at major airports across India President Droupadi Murmu completed her successful 3-day visit to Uttarakhand from June 19-21, inaugurating various development initiatives at Rashtrapati Niketan and Rashtrapati Tapovan in Dehradun Cabinet approved…
