NATIONAL AFFAIRS Banking and Financial Sector Developments Banking Laws Amendment Act 2025 Implementation: Key provisions of the Banking Laws (Amendment) Act, 2025 came into effect from August 1, 2025. The comprehensive legislation introduces 19 amendments across five major banking laws including the Reserve Bank of India Act 1934, Banking Regulation Act 1949, State Bank of…
Important Appointments & Government Decisions Sonali Mishra becomes the first woman Director General of the Railway Protection Force in its 143-year history. Deepak Reddy appointed CEO of Manappuram Finance, a leading non-banking finance company. Trans Yamuna Development Board reconstituted; new chairman appointed to oversee infrastructure and flood management. Supreme Court allows NEET-PG 2025 exam in…
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…
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…
DPIIT and Ather Energy MoU – DPIIT under MoC&I inked an MoU with Ather Energy to bolster EV manufacturing and clean mobility ecosystem in India. – Aims include joint R&D, infrastructure expansion, and skill development in EV value chain. MoES Unveils 14 Scientific Tools – On its 19th Foundation Day in New Delhi, MoES launched…
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 Affairs Wildfires rage across Greece, destroying villages and prompting mass evacuations amid record summer heat. South Korea’s aviation authority pins last year’s Jeju Air crash on pilot error after accidental shutdown of a working engine. Israel announces daily operational “pauses” in three Gaza zones to allow humanitarian aid delivery amid a worsening crisis. U.S….
NATIONAL AFFAIRS Government Policies and Initiatives National Cooperative Policy 2025 Launched: Union Minister Amit Shah unveiled the comprehensive National Cooperative Policy 2025 at Atal Akshay Urja Bhawan in New Delhi. The policy aims to build a Viksit Bharat by 2047 through ‘Sahkar Se Samriddhi’ (prosperity through cooperation). The initiative replaces the 2002 policy and focuses…
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 AFFAIRS Government Policies and Schemes Prime Minister Dhan-Dhaanya Krishi Yojana Approved – Union Cabinet approved PM Dhan-Dhaanya Krishi Yojana (PMDDKY) with outlay of Rs 24,000 crores to boost agriculture in 100 districts over six years starting FY 2025-26 National Cooperative Policy 2025 – Union Home Minister Amit Shah to unveil National Cooperative Policy 2025…
