Surprise Repo by RBI

RBI's unexpected move raised Repo rate by 40 base points to 4.4%.

Cash Reserve Ratio (CRR) raised by 50 base points to 4.5%.

Standing Deposit Facility (SDF) will be 4.15%.

Marginal Standing Facility (MSF) and Bank Rate will be 4.65%.

Consumer Price Index (CPI) will be 4%.

New Foreign Secretary

Union Government appointed Shri Vinay Mohan Kwatra as New Foreign Secretary. He is set to assume charge on April 30.

Twitter🐦🐦

Elon Musk to acquire Twitter for $44 Billion. 

Military Spending in India

Military Spending in India has rose to $76.6 Billion 💵(₹5 Lakh 86 Thousand Crores) and third largest spending in the world. USA and China tops the list. 

France President 🗳️Elections

Emmanuel Macron wins France President 🗳️Elections and first person to win a second term.