📰 National Affairs (India) India–EU FTA Talks Begin (14th Round) On 6 October, India and the European Union commenced the 14th round of Free Trade Agreement (FTA) negotiations in Brussels. Emphasis is on breaking deadlocks in tariffs, non-tariff barriers, regulatory harmonization, sustainability, and market access. Both sides aim to finalise the deal before year-end. Piyush…
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 Affairs US Tariffs on Indian Goods Take Effect United States implements additional 25% tariffs on Indian goods effective from August 27, 2025, bringing total tariff burden to 50% on most Indian exports Tariffs affect wide range of products including textiles, gems and jewelry, leather goods, machinery, furniture and marine products Pharmaceuticals, electronics, automobiles and…
National News Headlines – 23.08.2025 Political and Legislative Updates President Droupadi Murmu granted assent to the Gaming and Information Technology bills, transforming them into official laws Supreme Court issued fresh directives regarding stray dogs, mandating municipal bodies to sterilize, vaccinate and release them back to original locations rather than confining to shelters Supreme Court clarified…
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…
Here’s a 10-question MCQ quiz based on the Daily Current Affairs and GK Update for 09.08.2025, tailored for SSC, Bank PO, and other competitive exams in India. Answers are provided immediately after each question. RBI Monetary Policy: What is the current repo rate maintained by RBI as per the August 2025 review? A) 5.25% B)…
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…
NATIONAL AFFAIRS Banking and Financial Sector Major Financial Changes Effective July 2025 Aadhaar verification becomes mandatory for new PAN card applications starting July 1, 2025 Cash Reserve Ratio (CRR) reduced by 100 basis points to support banking liquidity HDFC Bank implements 1% fee on monthly online gaming spends exceeding Rs 10,000 SBI revises Minimum Amount…
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)…
