🔶 National Affairs (India) India’s GDP Growth Projection Revised The Reserve Bank of India (RBI) projected India’s GDP growth for FY 2026–27 at 6.8%. Inflation estimated at 4.5%, remaining within the RBI’s tolerance band (2–6%). Key drivers: Strong domestic demand, infrastructure spending, and manufacturing expansion. New Digital Governance Initiative Launched Government introduced the “Digital Public…
🔹 National Affairs (India) RBI Monetary Policy Outlook The Reserve Bank of India indicated a cautious stance on repo rate adjustments amid inflation concerns. Current Repo Rate: 6.50% CPI Inflation (latest): 5.2% Focus remains on balancing growth with inflation targeting (4% ±2%). Digital India Expansion Initiative Government announced expansion of digital infrastructure under the BharatNet…
🔶 National Current Affairs 1. Government Pushes Digital Banking Expansion The Government of India intensified efforts to expand digital banking infrastructure in rural areas under financial inclusion initiatives. As per recent data, digital transactions under UPI crossed 14 billion transactions in February 2026, marking a year-on-year growth of over 35%. Public Sector Banks (PSBs) were…
