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…
International Affairs and Geopolitical Developments Ukraine-Russia Conflict Escalation Ukraine executed its largest single-day drone attack operation since the war began, targeting Russian military airbases across five regions The operation codenamed “Spiderweb” successfully targeted 41 strategic Russian aircraft at multiple locations Drone strikes hit airbases in Murmansk, Irkutsk, Novgorod, Ryazan, and Amur regions Initial damage assessments…
NATIONAL AFFAIRS Prime Minister’s Bihar Visit PM Narendra Modi commenced a significant two-day visit to Bihar on 29.05.2025 Inaugurated new terminal at Patna Airport and flagged off construction of Bihta Airport Conducted a 5-kilometer roadshow from airport to BJP headquarters in Patna 32 stages were set up along the roadshow route with participation from 35…
Quiz Questions 1. What was India’s FDI inflow in FY 2024-25? A) USD 71.28 billion B) USD 75.50 billion C) USD 81.04 billion D) USD 85.00 billion Answer: C) USD 81.04 billion 2. Which state attracted the highest FDI in 2024-25? A) Karnataka B) Delhi C) Maharashtra D) Tamil Nadu Answer: C) Maharashtra 3. The…
NATIONAL EVENTS Economic and Financial News Record FDI Achievement: India attracted its highest-ever Foreign Direct Investment (FDI) inflow of USD 81.04 billion in financial year 2024-25, marking a 14% increase from the previous year’s USD 71.28 billion Sectoral Performance: Services sector emerged as the largest FDI recipient with 19% share, followed by computer software and…
National Affairs Operation Sindoor Aftermath: The Indian government appointed Shashi Tharoor to lead a seven-party delegation abroad to share India’s strong anti-terrorism message globally following the recent military operation. Security Improvements: Official data revealed Left Wing Extremism violence has dropped by 81% since 2010, with related deaths reduced by 85%, indicating significant internal security improvement….
National Affairs New Chief Justice of India Justice Bhushan Ramakrishna Gavai was sworn in as the 52nd Chief Justice of India on 14.05.2025. He succeeded Justice Sanjiv Khanna after his appointment was confirmed by the Ministry of Law and Justice. Justice Gavai is the first Buddhist to hold the position of CJI and only the…
National News The Indian Air Force launched “Operation Sindoor,” conducting precision airstrikes on nine terrorist camps inside Pakistan and Pakistan-occupied Jammu & Kashmir (PoJK). This was in response to the Pahalgam terror attack that killed 25 Indian and one Nepali tourist. The operation is notable as the first cross-border strike since 1971, targeting major terrorist…
National Affairs UK-India Free Trade Agreement Signed: Prime Minister Narendra Modi spoke with the UK Prime Minister on 06.05.2025, celebrating the landmark UK-India Free Trade Agreement announced yesterday. This agreement is expected to add billions to both economies and is the biggest trade deal the UK has secured since leaving the EU. Moody’s Cuts India’s…
National Affairs Diplomatic Relations and Agreements India and Denmark signed a renewed Memorandum of Understanding (MoU) aimed at accelerating clean energy transition and supporting India’s target of achieving net-zero emissions by 2070. The MoU was signed by Shri Pankaj Agarwal, Secretary, Ministry of Power, and E. Mr. Rasmus Abildgaard Kristensen, Ambassador of Denmark to India,…
