National News and Government Updates Banking and Financial Sector Developments RBI announced a significant 50 basis points reduction in repo rate to 5.50% during June 2025 monetary policy meeting, marking the second bi-monthly policy statement for FY26 The policy stance was changed back to ‘neutral’ from accommodative, with Standing Deposit Facility rate at 5.25% and…
National News Updates Banking and Financial Sector Developments RBI’s recent monetary policy decisions continue to impact the banking sector significantly, with all banks required to swiftly pass on the 50-basis-point rate cut to customers as emphasized in the latest RBI Bulletin Bank Nifty achieved a remarkable four-month winning streak, driven by RBI rate cuts and…
National News Updates Space Mission Achievement Axiom-4 Mission Launch: Indian astronaut Group Captain Shubhanshu Shukla successfully launched to the International Space Station (ISS) today at 12:01 PM IST as part of the Axiom-4 mission The mission marks India’s second human spaceflight after Rakesh Sharma’s 1984 journey The crew includes astronauts from Poland, Hungary, and former…
International Affairs Middle East Conflict Escalates United States has joined Israel in striking Iranian nuclear facilities under Operation Midnight Hammer Three major Iranian nuclear sites targeted – Fordow, Natanz, and Isfahan facilities US President Donald Trump confirmed strikes using B-2 stealth bombers carrying 30,000-pound bunker-busting bombs Death toll in Iran crosses 400 with over 3,500…
National News Updates Banking and Financial Sector Bank of India Dividend Record Date: Bank of India has set 20.06.2025 as the record date for its final dividend of ₹4.05 per equity share for FY25, with shareholders needing to hold shares by 19th June to be eligible for the dividend payment RBI Monetary Policy Impact: Following…
National Current Affairs – 19.06.2025 Political and Administrative Updates PM Modi Reaffirms India’s Stand: Prime Minister Modi clearly stated India’s firm rejection of any mediation on Pakistan-related matters during a 35-minute phone call with US President Donald Trump Centre Approves Disaster Relief: Government sanctioned ₹2,006.40 crore for Himachal Pradesh’s recovery after 2023 floods, landslides, and…
National News Updates Economic and Banking Developments RBI Monetary Policy Impact: The Reserve Bank of India’s recent monetary policy decision in June 2025 has significantly impacted the banking sector, with the repo rate being cut by 50 basis points to 5.50 percent, marking a substantial change from the previous accommodative stance to neutral. Digital India…
National News Updates Economic and Banking Sector RBI Monetary Policy Highlights: The Reserve Bank of India implemented a significant 50 basis points repo rate cut, bringing it down to 5.50% from 6.00%, marking the largest single rate reduction in recent years. The central bank also reduced the Cash Reserve Ratio (CRR) by 100 basis points…
NATIONAL NEWS Prime Minister Modi’s International Tour Prime Minister Narendra Modi embarked on a significant three-nation diplomatic tour starting with Cyprus on June 15, 2025 This marks the first visit by an Indian Prime Minister to Cyprus in over two decades, since former PM Atal Bihari Vajpayee’s visit in 2002 The tour includes participation in…
National Affairs and Government Updates Banking and Financial Sector Developments RBI Monetary Policy Update: The Reserve Bank of India maintained its aggressive monetary stance with a significant 50 basis points repo rate cut, bringing the rate down from previous levels. The central bank also announced a 100 basis points reduction in Cash Reserve Ratio (CRR)…
