Daily Current Affairs 2025, Date wise Current Affairs | Current Affairs in English and Hindi

Get the Daily and Latest Current Affairs 2025 on our website. These current affairs are Updated by our specialists and are relevant for all competitive tests UPSC, SSC, IAS, Railway-RRB, UPPSC, and Other State Government and Central Jobs/Exams.


RBI hikes Repo Rate by 40 bps to 4.40 percent

Category : Business and economics
Published on: May 06 2022 Share on facebook

  • The Reserve Bank of India (RBI) announced an increase in key interest rates by 40 basis points, the first increase since August 2018 and the sharpest in nearly 11 years.
  • RBI Governor Shaktikanta Das said the decision was taken in view of rising inflation, geopolitical tensions, high crude oil prices and shortage of commodities globally, which have impacted the Indian economy.
  • The Reserve Bank of India (RBI) in its Monetary Policy Committee (MPC) meeting held between May 2-4, 2022 has decided to increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points (bps) to 4.40 per cent with immediate effect from 4.00% earlier. 
  • RBI has also hiked the cash reserve ratio (CRR) by 50 basis points to 4.50 per cent effective from May 21, 2022.
Recent Post's
  • US President Donald Trump announced a new ‘Trump-class’ of heavily armed warships to modernise and expand the US Navy amid concerns over China’s growing naval power.

    Read More....
  • Advocate Shubham Awasthi was honoured with the 40 Under 40 Lawyer Award 2025 for his professional excellence and humanitarian contributions.

    Read More....
  • Oman has introduced its first polymer one-rial banknote, issued by the Central Bank of Oman, to enhance currency durability and security.

    Read More....
  • The NSSH Scheme of the MSME Ministry promotes SC/ST entrepreneurship by providing capacity building, market access and support for mandatory 4% public procurement.

    Read More....
  • Kisan Diwas is celebrated on 23 December every year to honour farmers’ contributions and mark the birth anniversary of Chaudhary Charan Singh.

    Read More....
  • India has excluded the dairy sector from its free trade agreement with New Zealand to protect small domestic dairy farmers.

    Read More....
  • India handed over three Quick Impact Projects (QIPs) to Myanmar’s Mandalay Region to boost vocational education, women’s training, and clean energy initiatives.

    Read More....
  • Supreme Court defines Aravalli Hills uniformly, emphasizing ecological and geological conservation across Gujarat, Rajasthan, Haryana, and Delhi.

    Read More....
  • JNCASR researchers discover the exocyst protein complex, a key regulator of cellular autophagy, with implications for neurodegenerative diseases and cancer.

    Read More....
  • India exported 3 metric tonnes of GI-tagged Indi Lime from Karnataka to Oman, enhancing global market access under the India-Oman CEPA/FTA.

    Read More....