National News Updates Economic and Banking Sector RBI Monetary Policy Highlights: The Reserve Bank of India implemented a significant 50 basis points repo rate cut, bringing it down to 5.50% from 6.00%, marking the largest single rate reduction in recent years. The central bank also reduced the Cash Reserve Ratio (CRR) by 100 basis points…
NATIONAL NEWS Prime Minister Modi’s International Tour Prime Minister Narendra Modi embarked on a significant three-nation diplomatic tour starting with Cyprus on June 15, 2025 This marks the first visit by an Indian Prime Minister to Cyprus in over two decades, since former PM Atal Bihari Vajpayee’s visit in 2002 The tour includes participation in…
Major International Events Israel launched airstrikes targeting Iran’s nuclear facilities, including Natanz, resulting in significant casualties and infrastructure damage. The Israeli Prime Minister announced continued operations against Iranian threats. Iran’s leadership warned of strong retaliation, and over 100 drones were launched in response. The United States distanced itself from the Israeli action, labeling it a…
Major Events Air India Flight Crash in Ahmedabad Air India Flight AI171, a Boeing 787 Dreamliner bound for London Gatwick, crashed shortly after takeoff from Sardar Vallabhbhai Patel International Airport in Ahmedabad The aircraft was carrying 242 passengers and crew members, including 169 Indian nationals, 53 British nationals, one Canadian, and seven Portuguese nationals The…
National Affairs and Government Updates Banking and Financial Sector Developments RBI Monetary Policy Update: The Reserve Bank of India maintained its aggressive monetary stance with a significant 50 basis points repo rate cut, bringing the rate down from previous levels. The central bank also announced a 100 basis points reduction in Cash Reserve Ratio (CRR)…
National Affairs Political Developments Karnataka Leadership Crisis: Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar summoned to Delhi by Congress high command following the Bengaluru stampede incident that occurred during RCB victory celebrations on 04.06.2025 Modi Government Milestone: The central government completed its first year of the third term and 11th year overall, with…
National News RBI Cuts Repo Rate by 50 Basis Points The Reserve Bank of India’s Monetary Policy Committee (MPC) concluded its meeting and announced a 50 basis points cut in the repo rate, bringing it down to 5.5%. The policy stance was changed to ‘Neutral’ due to a softer inflation outlook and a need to…
NATIONAL NEWS COVID-19 Situation Update Active COVID-19 cases in India crossed the 6,000 mark as of June 8, 2025 Total of 6 deaths reported in the last 24 hours across four states Kerala remains the most affected state with over 1,800 active cases Delhi reported 73 fresh cases, taking the total active cases to 665…
National News Headlines for 08.06.2025 Economic and Banking Developments RBI Monetary Policy Update: Reserve Bank of India reduced repo rate by 50 basis points from 6.00% to 5.50% during the 55th Monetary Policy Committee meeting held from June 4-6, 2025 Policy Stance Change: RBI shifted its policy stance from “Accommodative” to “Neutral,” indicating a data-dependent…
National Events – India Prime Minister’s Kashmir Visit and Infrastructure Development PM Narendra Modi inaugurated the world’s highest railway arch bridge – Chenab Rail Bridge in Jammu and Kashmir The bridge stands 359 meters above the riverbed, making it taller than the Eiffel Tower Bridge spans 1,315 meters and connects Bakkal and Kauri villages in…
