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…
NATIONAL AFFAIRS Teacher’s Day 2025 Celebrated Across India India celebrates Teacher’s Day on September 5, 2025, commemorating the birth anniversary of Dr. Sarvepalli Radhakrishnan The theme for Teacher’s Day 2025 is “Inspiring the Next Generation of Learners” President Droupadi Murmu honored 45 teachers with the ‘National Teacher Award 2025’ Dr. Radhakrishnan, India’s second President and…
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 HEADLINES – 29.08.2025 Major Political and Diplomatic Developments Prime Minister Narendra Modi arrives in Tokyo for crucial 15th India-Japan Annual Summit with Japanese PM Shigeru Ishiba, marking his eighth visit to Japan and first standalone visit in seven years PM Modi receives grand welcome from Indian diaspora in Tokyo with traditional Kathak and…
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 News ISRO Achievements and Space Mission Updates ISRO successfully conducted first Integrated Air Drop Test (IADT-01) for Gaganyaan mission parachute system demonstration Test involved coordination between ISRO, Indian Air Force, DRDO, Indian Navy, and Indian Coast Guard Gaganyaan uncrewed test mission planned for December 2025 with humanoid robot Vyommitra First crewed spaceflight expected in…
National News Updates Banking and Financial Sector Developments New Banking Laws Amendment Act 2025 Implementation: Major banking reforms came into effect from August 1, 2025, introducing 19 amendments across five key legislations including RBI Act 1934, Banking Regulation Act 1949, and others to strengthen governance and protect depositors RBI Monetary Policy Committee Meeting Results: The…
National News Updates Major Political and Administrative Developments External Affairs Minister S. Jaishankar to Visit Russia – Scheduled trip from August 20-21 to meet Russian counterpart Sergei Lavrov amid heightened US-India tensions over continued Russian oil purchases Supreme Court Reserves Order on Delhi Stray Dogs Case – Three-judge bench led by Chief Justice B.R. Gavai…
National News Updates Prime Minister Modi’s Infrastructure Push Bengaluru Metro Yellow Line Inauguration: PM Modi inaugurated the 19.15 km Yellow Line of Bengaluru Metro connecting RV Road to Bommasandra worth ₹7,160 crore The metro expansion increases Bengaluru’s operational network to over 96 km Foundation stone laid for Metro Phase-3 project worth ₹15,610 crore spanning 44…
National Affairs – India RBI Monetary Policy Update August 2025 RBI keeps repo rate unchanged at 5.50% – Monetary Policy Committee unanimously decided to maintain current rates after previous 100 basis points cut since February 2025 Inflation forecast revised downward to 3.1% for FY26 – Earlier projection was 3.7%, reflecting favorable monsoon conditions and controlled…
