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…
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…
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…
National Affairs and Politics Prime Minister Modi to Visit China for SCO Summit After Seven Years Chinese Foreign Minister Wang Yi met Prime Minister Narendra Modi on 19th August 2025 and delivered invitation from President Xi Jinping for SCO Summit Modi accepted the invitation to attend Shanghai Cooperation Organization summit in Tianjin from August 31…
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…
National News Updates Prime Minister Modi’s Infrastructure Push Bengaluru Metro Yellow Line Inauguration: PM Modi inaugurated the 19.15 km Yellow Line of Bengaluru Metro connecting RV Road to Bommasandra worth ₹7,160 crore The metro expansion increases Bengaluru’s operational network to over 96 km Foundation stone laid for Metro Phase-3 project worth ₹15,610 crore spanning 44…
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…
National Affairs RBI Monetary Policy Decision August 2025 Reserve Bank of India’s Monetary Policy Committee kept repo rate unchanged at 5.50% during August 4-6, 2025 meeting RBI maintained neutral policy stance, providing flexibility for future rate decisions based on economic data Central bank revised inflation forecast for FY26 downward to 3.1% from earlier projection of…
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 Events Former Jharkhand Chief Minister Shibu Soren passed away at 81 after prolonged illness in Delhi. His political career spanned decades, including terms as Union Minister and Rajya Sabha MP. Reserve Bank of India’s Monetary Policy Committee commenced a three-day review, with lending rate decisions due on 06.08.2025. Inflation outlook and global trade tensions…
