🔹 National Affairs (India) RBI Monetary Policy Outlook The Reserve Bank of India maintained a cautious stance amid persistent inflationary pressures. Repo Rate remained at 6.50%, unchanged in the latest review. Inflation projection for FY 2026 revised to 5.2%, citing food price volatility. GDP growth forecast retained at 6.8%. India’s Fiscal Deficit Update Fiscal deficit…
🔶 National Affairs (India) India’s GDP Growth Projection Revised The Reserve Bank of India (RBI) projected India’s GDP growth for FY 2026–27 at 6.8%. Inflation estimated at 4.5%, remaining within the RBI’s tolerance band (2–6%). Key drivers: Strong domestic demand, infrastructure spending, and manufacturing expansion. New Digital Governance Initiative Launched Government introduced the “Digital Public…
🔹 National Affairs (India) RBI Monetary Policy Outlook The Reserve Bank of India maintained a cautious stance amid global inflationary pressures. Repo rate remains steady at 6.50% to balance inflation and growth. Inflation projected around 5.2% for FY 2026. GDP growth forecast retained at 6.8%. Digital India Expansion Initiative Government approved expansion of Digital Public…
🔹 National Affairs (India) RBI Monetary Policy Outlook The Reserve Bank of India indicated a cautious stance on repo rate adjustments amid inflation concerns. Current Repo Rate: 6.50% CPI Inflation (latest): 5.2% Focus remains on balancing growth with inflation targeting (4% ±2%). Digital India Expansion Initiative Government announced expansion of digital infrastructure under the BharatNet…
🔹 National Current Affairs 1. Government Launches New Digital Governance Initiative The Government of India launched an advanced AI-driven Digital Governance Platform aimed at improving service delivery. The initiative integrates real-time grievance redressal, predictive analytics, and citizen dashboards. Target: Cover over 500 districts by 2027. Ministry involved: Ministry of Electronics and Information Technology (MeitY). 2….
🇮🇳 National Affairs The Government of India accelerated implementation of Digital Public Infrastructure (DPI) initiatives, expanding coverage of digital identity, payments, and data exchange systems across rural regions. The Ministry of Finance reported that India’s GST collections for March 2026 are expected to cross ₹1.80 lakh crore, indicating strong economic activity and compliance. The Reserve…
🇮🇳 National Current Affairs 🔹 Government Policies & Initiatives The Government of India accelerated implementation of the Digital Public Infrastructure (DPI) framework to strengthen financial inclusion and digital governance. Ministry of Rural Development expanded the MGNREGA allocation with an additional ₹8,000 crore to address rural employment demand. The PM Vishwakarma Scheme recorded over 2.5 million…
🔴 National Affairs (India) 1. RBI Monetary Policy Signals Tight Liquidity Monitoring The Reserve Bank of India maintained a cautious stance on liquidity amid rising inflationary pressures. Repo Rate: 6.50% (unchanged) Reverse Repo Rate: 3.35% Focus shifted toward inflation targeting within 4% ±2% band. RBI emphasized digital currency expansion (e₹) and fintech regulation. Banking relevance:…
🔶 National Current Affairs (India) 1. RBI Policy and Banking Updates The Reserve Bank of India signaled a cautious stance on interest rates amid persistent inflation concerns. Repo Rate remains around 6.50%, with focus on liquidity tightening. RBI emphasized digital banking expansion, targeting rural financial inclusion. UPI transactions crossed ₹20 lakh crore monthly value, highlighting…
🔹 National Affairs (India) Union Cabinet Approvals The Union Cabinet approved multiple infrastructure projects worth over ₹32,000 crore focusing on road connectivity and renewable energy expansion. Key emphasis on Green Hydrogen Mission Phase-II, targeting production of 5 million metric tonnes annually by 2030. RBI Policy Update The Reserve Bank of India (RBI) maintained the repo…
