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National Affairs The Banking Laws (Amendment) Act, 2025 provisions relating to nominations in bank deposit accounts and safe custody items came into effect from 1 November 2025. Depositors can now nominate up to four individuals for their bank accounts and safety-lockers. New financial rule-changes effective November 2025 include : changes in bank website domain names,…
1. India – Economic & Financial News India’s foreign exchange reserves rose by approximately US $4.496 billion in the week ending 17 October 2025, taking the total to about US $702.28 billion. The rise was largely driven by a sharp increase in gold holdings (up by over US $6 billion), while foreign currency assets (FCAs)…
1. National News The Reserve Bank of India (RBI) intervened assertively in the foreign-exchange market, selling dollars to support the rupee. This has boosted the rupee to its strongest weekly performance in nearly four months. Indian bond markets remained stable; the 10-year benchmark yield closed lower amid expectation of easier monetary policy ahead. The government…
A. National News (India) PM Modi to attend Quad Leaders’ Summit and address UNGA Prime Minister of India to visit USA from 21-23 September 2025. He will participate in the 4th Quad Leaders’ Summit in Wilmington, Delaware. Also to address the United Nations General Assembly (UNGA) during this visit. RBI directives on banking charges reduction…
National News International Yoga Day 2025 The 11th International Day of Yoga is being celebrated today (21.06.2025) with the theme “Yoga for One Earth, One Health,” highlighting the connection between individual well-being and planetary health. Prime Minister Narendra Modi is leading the national event from Visakhapatnam, Andhra Pradesh, with over 3 lakh participants joining him…
