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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…
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…
