Banking and Financial Updates Income Tax Filing Extended Deadline: The deadline for filing Income Tax Returns (ITR) for individuals and HUFs who do not need account auditing has been extended till September 15, 2025, for FY 2024-25 (AY 2025-26). Originally scheduled for July 31, 2025, this extension provides additional time for taxpayers to complete their…
NATIONAL NEWS HIGHLIGHTS Economic and Financial Developments India’s GDP Growth Achievement: Prime Minister Modi announced India’s impressive 7.8% GDP growth in Q1 2025, despite global economic challenges and “economic selfishness” from other nations, marking the fastest growth among major economies GST Collection Surge: India’s Goods and Services Tax collection rose 6.5% year-on-year to ₹1,86,000 crore…
National News The Union Cabinet approved the launch of a new National Digital Literacy Mission to equip 1 crore citizens with advanced digital skills by 2027. The Central Government announced the formation of a Special Task Force to monitor climate change adaptation strategies across India’s coastal regions. The President inaugurated the National Startup Incubation Hub…
National News and Politics Prime Minister Modi’s China Visit for SCO Summit Prime Minister Narendra Modi arrived in Tianjin, China, for the 25th Shanghai Cooperation Organisation (SCO) Summit scheduled on 31.08.2025 and 01.09.2025 This marks PM Modi’s first visit to China after a gap of 7 years, highlighting significant diplomatic developments The summit brings together…
NATIONAL AFFAIRS Prime Minister Modi’s Strategic Diplomatic Visit to Japan Prime Minister Narendra Modi concluded his two-day official visit to Japan on 30 August 2025 Participated in the 15th India-Japan Annual Summit with Japanese Prime Minister Shigeru Ishiba Japan announced a massive $68 billion investment pledge in India over the next decade Focus areas include…
NATIONAL NEWS HEADLINES – 29.08.2025 Major Political and Diplomatic Developments Prime Minister Narendra Modi arrives in Tokyo for crucial 15th India-Japan Annual Summit with Japanese PM Shigeru Ishiba, marking his eighth visit to Japan and first standalone visit in seven years PM Modi receives grand welcome from Indian diaspora in Tokyo with traditional Kathak and…
National News and Economic Updates RBI Monetary Policy Developments Reserve Bank of India maintains repo rate at 5.50% following August 2025 Monetary Policy Committee meeting RBI Governor Sanjay Malhotra adopts neutral stance indicating readiness to adjust rates based on evolving economic conditions Standing Deposit Facility rate held steady at 5.25% while Marginal Standing Facility rate…
National Affairs US Tariffs on Indian Goods Take Effect United States implements additional 25% tariffs on Indian goods effective from August 27, 2025, bringing total tariff burden to 50% on most Indian exports Tariffs affect wide range of products including textiles, gems and jewelry, leather goods, machinery, furniture and marine products Pharmaceuticals, electronics, automobiles and…
National Affairs President Droupadi Murmu has given her assent to the Promotion and Regulation of Online Gaming Bill 2025, aimed at encouraging electronic sports while prohibiting harmful online money gaming services The bill was introduced by Railway Minister Ashwini Vaishnaw in Lok Sabha on August 20, 2025, and passed by both houses without debate Offering…
National News ISRO Achievements and Space Mission Updates ISRO successfully conducted first Integrated Air Drop Test (IADT-01) for Gaganyaan mission parachute system demonstration Test involved coordination between ISRO, Indian Air Force, DRDO, Indian Navy, and Indian Coast Guard Gaganyaan uncrewed test mission planned for December 2025 with humanoid robot Vyommitra First crewed spaceflight expected in…
