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 Headlines Prime Minister Modi Celebrates 10 Years of Digital India Initiative PM Modi marked the 10th anniversary of Digital India program on July 1, 2025 Highlighted the transformative journey that empowered citizens and advanced digital governance Called it a decade of empowerment making India a global digital leader Focus on citizen empowerment and…
Current Affairs Quiz – 19.06.2025 Question 1: What was the new Repo Rate announced by the RBI’s Monetary Policy Committee? A) 5.25 percent B) 5.50 percent C) 5.75 percent D) 6.00 percent Answer: B) 5.50 percent The RBI’s Monetary Policy Committee lowered the policy Repo Rate by 50 basis points from 6.00 percent to 5.50…
Major Events Air India Flight Crash in Ahmedabad Air India Flight AI171, a Boeing 787 Dreamliner bound for London Gatwick, crashed shortly after takeoff from Sardar Vallabhbhai Patel International Airport in Ahmedabad The aircraft was carrying 242 passengers and crew members, including 169 Indian nationals, 53 British nationals, one Canadian, and seven Portuguese nationals The…
International Affairs Ukraine Launches Major Drone Strike on Russian Military Bases Ukraine conducted a large-scale drone attack on Russian military installations, hitting over 40 aircraft across four air bases simultaneously The operation was carried out by Ukraine’s SBU security agency and is being termed as Russia’s “Trojan horse moment” The attack involved FPV (First Person…
