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 Events and Political Developments Prime Minister’s Infrastructure Initiatives in Madhya Pradesh PM Modi attended the Mahila Sashaktikaran Mahasammelan in Bhopal on May 31, 2025, commemorating the 300th birth anniversary of Lokmata Devi Ahilyabai Holkar Over 2 lakh women participated in the event held at Jamboree Ground, Bhopal PM Modi virtually inaugurated Indore Metro’s first…
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 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…
What was the theme of the 10th NITI Aayog Governing Council meeting chaired by PM Modi? a) Digital India 2030 b) Viksit Rajya for Viksit Bharat@2047 c) Sustainable Development Goals 2050 d) Atmanirbhar Bharat 2025 Answer: b) Viksit Rajya for Viksit Bharat@2047 [Source: National Affairs section] Which financial institution partnered with India Post Payments Bank…
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…
National News RBI Cuts Repo Rate to 6%: The Reserve Bank of India reduced the repo rate by 25 basis points to 6% to boost economic growth. GDP is projected to grow at 6.5% for FY 2025–26. The central bank shifted its policy stance to “accommodative,” signaling potential future rate cuts. Amit Shah Inaugurates Projects…
National Affairs Politics and Governance President Droupadi Murmu invoked Article 143 to seek Supreme Court’s opinion on Governor delays in passing bills. This rare constitutional move aims to address the ongoing friction between state governments and governors regarding bill approvals. Defence Minister Rajnath Singh reviewed border security in Srinagar following the recent ceasefire with Pakistan….
