National Affairs (India) Union Government Reviews Fiscal Consolidation Roadmap The Ministry of Finance reaffirmed its commitment to reduce the fiscal deficit to below 4.5% of GDP by FY 2026. Gross tax revenue collection for FY 2025–26 (till November 2025) crossed ₹21.4 lakh crore, reflecting steady growth in GST and direct taxes. Capital expenditure focus remains…
1. National Developments India’s Monetary Policy Outlook Reserve Bank of India (RBI) Governor Sanjay Malhotra indicated that the key policy rates are expected to remain low for a prolonged period in view of sustained economic growth and subdued inflation trends. India’s inflation was recorded at 0.71% in November 2025, with projections forecasting a rise to…
National Current Affairs 1. Government of India Launches National Digital Credit Framework The Union Government unveiled a comprehensive National Digital Credit Framework to improve credit access for MSMEs, small traders, and self-employed individuals. The framework integrates GST data, bank transaction history, UPI usage, and digital footprints for faster loan approvals. Objective: Strengthen formal credit penetration…
Key Headlines & Analysis 1. National Developments The government announced the effective implementation of four new labour codes aimed at streamlining India’s complex labour law framework and boosting ease-of-doing-business conditions. A large digital-upgrade initiative was launched to strengthen food-grain storage, logistics and the Public Distribution System (PDS), aligning with India’s food security and storage infrastructure…
Hindi Diwas 2025: Celebrating India’s Official Language Hindi Diwas is celebrated on 14th September every year to commemorate the adoption of Hindi in Devanagari script as the official language of India The date marks the historic moment when the Constituent Assembly adopted Hindi as the official language on 14th September 1949 under Article 343 of…
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 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 News Headlines – 23.08.2025 Political and Legislative Updates President Droupadi Murmu granted assent to the Gaming and Information Technology bills, transforming them into official laws Supreme Court issued fresh directives regarding stray dogs, mandating municipal bodies to sterilize, vaccinate and release them back to original locations rather than confining to shelters Supreme Court clarified…
National News: Key Headlines Prime Minister Narendra Modi inaugurated two major highway projects in Delhi—Dwarka Expressway and Urban Extension Road-II—worth nearly ₹11,000 crore to ease traffic congestion in NCR. Maharashtra Governor CP Radhakrishnan was declared the NDA’s nominee for the post of Vice-President of India. Uttar Pradesh launched its first green hydrogen plant, becoming the…
