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Daily Current Affairs and GK Update – 07.09.2025

NATIONAL NEWS UPDATES Economic and Banking Sector GST Rate Reforms Take Effect from September 22, 2025: Finance Minister Nirmala Sitharaman announced major GST rate cuts effective from September 22, implementing a simplified two-tier structure with rates at 5% and 18%, plus 40% for luxury goods Banking Sector Growth: President Droupadi Murmu highlighted India’s banking sector…

GST Rate Reforms Take Effect from September 22, 2025

Daily Current Affairs and GK Update – 01.09.2025

National Affairs Political and Diplomatic Developments Prime Minister Modi’s Strategic Meeting with Xi Jinping – PM Narendra Modi held crucial bilateral talks with Chinese President Xi Jinping in Tianjin, focusing on border peace and global stability amid ongoing trade tensions and US tariff threats Case Registered Against Mahua Moitra – An FIR was filed against…

RBI Imposes Penalty on Bandhan Bank