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Daily Current Affairs and GK Update – 24.08.2025

National Current Affairs – 24.08.2025 Banking and Financial Sector Updates The Banking Laws (Amendment) Act, 2025 came into effect from August 1st, introducing significant reforms to improve governance standards in the banking sector Key changes include redefining “substantial interest” threshold from ₹5 lakh to ₹2 crore, a limit that remained unchanged since 1968 Maximum tenure…

GST Council scheduled to meet September 3-4 to decide on shifting from four tax slabs to simplified two-slab structure

Daily Current Affairs and GK Update – 23.08.2025

National News Headlines – 23.08.2025 Political and Legislative Updates President Droupadi Murmu granted assent to the Gaming and Information Technology bills, transforming them into official laws Supreme Court issued fresh directives regarding stray dogs, mandating municipal bodies to sterilize, vaccinate and release them back to original locations rather than confining to shelters Supreme Court clarified…

United States President Donald Trump nominated Sergio Gor as the new US Ambassador to India

Daily Current Affairs and GK Update – 22.08.2025

National News Updates Parliamentary Affairs and Legislation Parliament successfully passed the Online Gaming Promotion and Regulation Bill, 2025 with voice vote in Rajya Sabha amid Opposition protests The bill provides strict regulations for real money gaming operators with heavy penalties for violations Lok Sabha passed 12 bills without debate while Rajya Sabha approved 15 bills…

MHA approved renaming of Jalalabad in Uttar Pradesh to 'Parashurampuri

Daily Current Affairs and GK Update – 19.08.2025

National News Updates Banking and Financial Sector Developments New Banking Laws Amendment Act 2025 Implementation: Major banking reforms came into effect from August 1, 2025, introducing 19 amendments across five key legislations including RBI Act 1934, Banking Regulation Act 1949, and others to strengthen governance and protect depositors RBI Monetary Policy Committee Meeting Results: The…

Lt. General Pushpendra Singh Appointed as new Vice Chief of Army Staff

Daily Current Affairs and GK Update – 16.08.2025

National News Government Policy and Economic Developments Prime Minister Modi Announces Major Employment Scheme – PM Modi launched the Pradhan Mantri Viksit Bharat Rozgar Yojana with a budget of ₹1 lakh crore from Red Fort on Independence Day. The scheme will provide ₹15,000 incentives to first-time EPFO-registered employees in private sector and create 3.5 crore…

Prime Minister Modi Announces Major Employment Scheme