📰 Key National Developments The Reserve Bank of India (RBI) slashed its key repo rate by 25 basis points to 5.25%, marking the fifth rate cut in 2025 and bringing cumulative easing to 125 basis points. Along with the rate cut, RBI announced enhanced liquidity support — up to US$ 16 billion — to sustain…
🇮🇳 National News & Economy Banking holiday update: Contrary to common belief, banks in India are open on 29 November 2025. The day falls on a fifth Saturday of the month — and since there’s no special holiday declared, banking operations continue as usual. Digital banking services remain unaffected. Soaring gold-backed lending: According to the…
📌 National Highlights The government of Narendra Modi is set to lead a roadshow in Udupi on 28 November — a major political event ahead of upcoming state elections. In Uttar Pradesh, the state tourism department is soon launching a workshop titled “Viksit Uttar Pradesh @ 2047” to draft a long-term tourism vision and roadmap…
Key Headlines & Analysis 1. National Developments The government announced the effective implementation of four new labour codes aimed at streamlining India’s complex labour law framework and boosting ease-of-doing-business conditions. A large digital-upgrade initiative was launched to strengthen food-grain storage, logistics and the Public Distribution System (PDS), aligning with India’s food security and storage infrastructure…
1. Banking, Finance & Economy The Reserve Bank of India (RBI) announced the initiation of the realisation phase of inter-linking India’s payment system Unified Payments Interface (UPI) with the euro-zone’s instant settlement system TARGET Instant Payment Settlement (TIPS), operated by the European Central Bank (ECB). The move is expected to enable seamless, real-time cross-border remittances…
National Affairs The Global Climate Risk Index 2025 (CRI) by Germanwatch ranked India 9th among countries worst affected by extreme weather events over the past 30 years (1995-2024) and 15th in the year-wise ranking for 2024. This highlights India’s high vulnerability to climate risks despite recent improvements. The Union Cabinet of India approved a new…
1. Banking & Financial Sector Bank holiday alert: Banks in select Indian states are closed on 06.11.2025 due to two major events – the first phase of the Bihar State Legislative Assembly Elections 2025 and the Nongkrem Dance Festival in Meghalaya. The Reserve Bank of India issues state‐wise bank holiday lists to inform customers about…
National Affairs The Banking Laws (Amendment) Act, 2025 provisions relating to nominations in bank deposit accounts and safe custody items came into effect from 1 November 2025. Depositors can now nominate up to four individuals for their bank accounts and safety-lockers. New financial rule-changes effective November 2025 include : changes in bank website domain names,…
1. National — India On 31.10.2025, Rashtriya Ekta Diwas (National Unity Day) is observed in India, commemorating the birth anniversary of Sardar Vallabhbhai Patel and emphasising the theme of national integration and solidarity. The government has announced that several states have declared school holidays on 31.10.2025 due to adverse weather conditions associated with Cyclone Montha…
National Affairs The Cyclone Montha, now a severe cyclonic storm, has strengthened over the west-central Bay of Bengal and is approaching the coast of Andhra Pradesh (between Machilipatnam and Kalingapatnam) with heavy rains and high winds expected across Andhra, Odisha, Tamil Nadu and West Bengal. Evacuations and transport disruptions are in progress. The Election Commission…
