by 89371.LIFE | #PoojaMannBlogs
1. 🏦 RBI Cuts Repo Rate to 6%
The Reserve Bank of India (RBI) has slashed the repo rate by 25 basis points, bringing it down to 6%. This means loans—especially home, auto, and personal loans—are set to become cheaper.
💡 Fun Fact: The term repo stands for Repurchase Option! It’s basically a fancy way banks borrow money from the RBI.
📈 Why it matters: Lower rates = more borrowing = boosted spending = happier economy!
2. 🇮🇳🤝🇵🇹 President Murmu’s Portugal Visit
India’s President, Droupadi Murmu, is on a diplomatic visit to Portugal to mark 50 years of friendship. This is India’s first presidential visit to Portugal in 27 years!
💡 Fun Fact: The Indian city of Goa was once a Portuguese colony until 1961! So, this visit brings a nostalgic connection.
✈️ What’s next: More cultural and trade collaborations are expected. Europe, here we come!
3. 🕊️ Mahavir Jayanti 2025 & Dry Day Alert
Today marks Mahavir Jayanti, the birth anniversary of Lord Mahavira, a Jain spiritual teacher. To honor the day, many Indian states declared April 10 a dry day.
💡 Fun Fact: Lord Mahavira preached Ahimsa (non-violence) way before it became trendy. Even Gandhi was influenced by his teachings!
🚫 Heads up: No liquor sales today in Maharashtra, Delhi, and several other states. Plan accordingly!
4. ✈️ India Goes Big on Rafale Marine Jets
India has inked a deal to buy 26 Rafale Marine jets from France, designed to operate from aircraft carriers. The Navy’s defense just got turbocharged!
💡 Fun Fact: Rafale jets can fly at nearly twice the speed of sound – that’s about 2,222 km/h. Basically, blink and it’s gone!
💪 Why it rocks: This move strengthens India’s defense and adds global muscle to its Navy fleet.
5. 🌍 US-China Trade Tensions Heat Up
President Donald Trump (yes, he’s back) has announced a 104% tariff on Chinese imports. This move is expected to stir the global market (again).
💡 Fun Fact: China exports more than $500 billion worth of goods to the US every year!
📊 Watch out: This could mean price hikes on electronics, clothes, and even some food items worldwide.
🌟 Wrapping It Up
From economy shifts to diplomatic ties and global politics—today’s news is a reminder of how interconnected the world really is. Stay informed, stay empowered.