National News and Affairs PM Modi Launches Rs 36,000 Crore Development Projects in Bihar – Prime Minister Narendra Modi launched multiple development projects worth around Rs 36,000 crore in Bihar’s Purnea district and inaugurated a newly developed terminal building at Purnea airport to enhance passenger handling capacity in the region Supreme Court Stays Certain Provisions…
National News and Developments Banking and Financial Sector Updates Patriots Day Bank Holiday: Banks in Imphal (Manipur) remained closed on August 13, 2025, observing Patriots Day commemorating the execution of Manipur royal Bir Tikendrajit and General Thangal by the British in 1891 during the Anglo-Manipur War RBI Monetary Policy Stance: The Reserve Bank of India…
NATIONAL NEWS HIGHLIGHTS Government Appointments and Administrative Changes President Droupadi Murmu appointed new Governors for three states – Prof. Ashim Kumar Ghosh became Haryana’s Governor, Ashok Gajapathi Raju appointed for Goa, and Kavinder Gupta named as Ladakh’s new Lieutenant Governor Major judicial appointments approved – Justice Sanjeev Sachdeva appointed as Chief Justice of Madhya Pradesh…
NATIONAL NEWS Political and Administrative Updates Karnataka CM Siddaramaiah Denies Leadership Change – Karnataka Chief Minister Siddaramaiah rejected the proposed ’50-50′ formula for power sharing, stating clearly that there is no vacancy for the CM position in the state Vadodara Bridge Collapse Tragedy – The death toll from the Vadodara bridge collapse has risen to…
National News Updates – July 05, 2025 Banking and Financial Sector Developments SEBI Major Action Against Jane Street Trading Company Securities and Exchange Board of India (SEBI) imposed complete ban on US-based Jane Street Group from Indian securities market Authority seized Rs 4,843 crore (approximately $567 million) as alleged illicit profits from market manipulation activities…
National News Financial Sector Updates Post Office and Bank Schemes Interest Rates Government keeps interest rates on small savings schemes unchanged for the July-September 2025 quarter Public Provident Fund (PPF) remains at 7.1% for the sixth consecutive quarter National Savings Certificate (NSC) continues at 7.7% Sukanya Samriddhi Yojana (SSY) maintains 8.2% interest rate Senior Citizen…
What is the primary goal of Indian Railways’ involvement in Mission Amrit Sarovar? a) Solar energy generation b) Groundwater recharge through water bodies c) Waste management d) Rural electrification Answer: b) Groundwater recharge through water bodies What penalty does the Immigration and Foreigners Bill 2025 impose for unauthorized entry? a) ₹1 lakh b) ₹5 lakh…
