National News RBI Cuts Repo Rate by 50 Basis Points The Reserve Bank of India’s Monetary Policy Committee (MPC) concluded its meeting and announced a 50 basis points cut in the repo rate, bringing it down to 5.5%. The policy stance was changed to ‘Neutral’ due to a softer inflation outlook and a need to…
NATIONAL NEWS COVID-19 Situation Update Active COVID-19 cases in India crossed the 6,000 mark as of June 8, 2025 Total of 6 deaths reported in the last 24 hours across four states Kerala remains the most affected state with over 1,800 active cases Delhi reported 73 fresh cases, taking the total active cases to 665…
National News Headlines for 08.06.2025 Economic and Banking Developments RBI Monetary Policy Update: Reserve Bank of India reduced repo rate by 50 basis points from 6.00% to 5.50% during the 55th Monetary Policy Committee meeting held from June 4-6, 2025 Policy Stance Change: RBI shifted its policy stance from “Accommodative” to “Neutral,” indicating a data-dependent…
International Affairs and Geopolitical Developments Ukraine-Russia Conflict Escalation Ukraine executed its largest single-day drone attack operation since the war began, targeting Russian military airbases across five regions The operation codenamed “Spiderweb” successfully targeted 41 strategic Russian aircraft at multiple locations Drone strikes hit airbases in Murmansk, Irkutsk, Novgorod, Ryazan, and Amur regions Initial damage assessments…
NATIONAL AFFAIRS Prime Minister’s Bihar Visit PM Narendra Modi commenced a significant two-day visit to Bihar on 29.05.2025 Inaugurated new terminal at Patna Airport and flagged off construction of Bihta Airport Conducted a 5-kilometer roadshow from airport to BJP headquarters in Patna 32 stages were set up along the roadshow route with participation from 35…
National Affairs – India Economic and Financial Developments India’s Economic Growth Trajectory: India is positioned to overtake Japan as the world’s fourth-largest economy by nominal GDP in 2025, with projections showing India at $4,187.02 billion compared to Japan’s $4,186.43 billion IMF Economic Projections: The International Monetary Fund estimates India’s GDP growth at 6.2% in FY26…
NATIONAL EVENTS Economic and Financial News Record FDI Achievement: India attracted its highest-ever Foreign Direct Investment (FDI) inflow of USD 81.04 billion in financial year 2024-25, marking a 14% increase from the previous year’s USD 71.28 billion Sectoral Performance: Services sector emerged as the largest FDI recipient with 19% share, followed by computer software and…
National Events and Government Updates Health and Public Welfare COVID-19 Cases Rising Across India New surge in COVID-19 cases reported nationwide Kerala, Maharashtra, and Delhi recording highest infection rates Health authorities issue advisory for preventive measures Hospitals experiencing increased patient admissions Political Developments Karnataka BJP MLA Suspensions Revoked Suspension of 18 BJP MLAs lifted after…
National Affairs – 26.05.2025 Political Developments Prime Minister Narendra Modi chaired a crucial meeting of NDA-ruled state Chief Ministers in New Delhi focusing on Viksit Bharat 2047 vision and various developmental initiatives The 122nd edition of Mann Ki Baat was broadcast where PM Modi addressed the nation on various social and developmental issues NITI Aayog’s…
National Affairs Supreme Court Developments Puja Khedkar Bail Case: Supreme Court granted anticipatory bail to former IAS probationer Puja Khedkar in the UPSC cheating case, with Justice B V Nagarathna remarking “she is not a terrorist” and has “lost everything” Bail Conditions: Court imposed cash security of Rs 25,000 with two sureties and directed complete…
