National Affairs – India RBI Monetary Policy Update August 2025 RBI keeps repo rate unchanged at 5.50% – Monetary Policy Committee unanimously decided to maintain current rates after previous 100 basis points cut since February 2025 Inflation forecast revised downward to 3.1% for FY26 – Earlier projection was 3.7%, reflecting favorable monsoon conditions and controlled…
DAILY CURRENT AFFAIRS AND GK UPDATE – 07.08.2025 NATIONAL AFFAIRS Prime Minister Modi Inaugurates Kartavya Bhavan-3 in New Delhi PM Narendra Modi inaugurated Kartavya Bhavan-3 at Kartavya Path, New Delhi First among several upcoming Common Central Secretariat buildings Part of Central Vista redevelopment project Aimed at streamlining administrative processes and enabling agile governance Project includes…
National News – India Prime Minister Modi’s Varanasi Visit and Development Projects Prime Minister Narendra Modi visited his parliamentary constituency Varanasi on August 2, 2025, inaugurating and laying foundation stones for development projects worth ₹2,200 crore The visit marked PM Modi’s 51st visit to Varanasi, covering infrastructure, education, healthcare, tourism, urban development, and cultural heritage…
National News Highlights Defence and Security Updates DRDO Successfully Tests Pralay Missile Defence Research and Development Organisation conducted two consecutive successful flight tests of Pralay missile on July 28-29, 2025 Tests conducted from Dr APJ Abdul Kalam Island off Odisha coast as part of user evaluation trials Pralay is an indigenously developed solid propellant quasi-ballistic…
Important National News Prime Minister Modi Announces Decision on US Tariffs US President Donald Trump announced 25% tariffs plus penalty on India effective from August 1, 2025 The announcement was made via Truth Social platform Trump stated that while India is a friend, their tariffs are among the highest in the world External Affairs Minister…
National News Headlines Buddha Samyak Darshan Museum-cum-Memorial Stupa Inaugurated in Vaishali Bihar Chief Minister Nitish Kumar inaugurated the Buddha Samyak Darshan Museum-cum-Memorial Stupa in Vaishali The Rs 550 crore monument spans 72 acres and is built with pink stones Buddhist monks and followers from 15 countries including China, Japan, Sri Lanka, Thailand, Nepal, Tibet, Myanmar,…
International News World Court Climate Change Advisory Opinion The International Court of Justice (ICJ) delivered a landmark advisory opinion on 23.07.2025, declaring climate change an “urgent and existential threat” The court stated that countries failing to protect the planet from climate change could violate international law Judge Yuji Iwasawa emphasized that greenhouse gas emissions are…
National News Headlines – 22.07.2025 Political Developments Vice President Jagdeep Dhankhar Resigns: Vice President submitted his resignation citing health reasons as per Article 67(A) of the Constitution, prioritizing medical advice during the monsoon session of Parliament Operation Sindoor Parliamentary Debate: Prime Minister Modi announced that India achieved 100% objectives under Operation Sindoor, destroying terror camps…
Banking and Financial Sector Updates Major Banking Developments State Bank of India Wins Global Recognition: SBI has been adjudged as the World’s Best Consumer Bank for 2025 by Global Finance magazine, recognizing its digital innovation and customer-centric approach HSBC Exits Climate Coalition: HSBC becomes the first UK bank to withdraw from the Net Zero Banking…
National News Government Appointments and Policy Updates R Doraiswamy Appointed as LIC MD & CEO: R Doraiswamy has been appointed as Managing Director and Chief Executive Officer of Life Insurance Corporation of India from 15 July 2025. His term will last until 28 August 2028, when he turns 62. With over 38 years of experience…
