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Current Affairs 8 April 2026

In short

  • India launches new AI policy for digital transformation
  • RBI announces repo rate cut to boost economic growth

…and 6 more stories on GENERAL.

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India launches new AI policy for digital transformation

The Indian government announced a comprehensive AI policy initiative on April 7, 2026, aimed at boosting AI adoption across sectors like healthcare, agriculture, and education. The policy includes funding for AI research hubs and mandates ethical AI guidelines for private companies. It builds on the National AI Strategy with a focus on indigenous AI models. Key allocations include Rs 10,000 crore over five years. The launch coincides with global AI summits, positioning India as a leader in ethical AI development.

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Which sector is NOT explicitly prioritized in India's new AI policy?

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RBI announces repo rate cut to boost economic growth

The Reserve Bank of India reduced the repo rate by 25 basis points to 6.25% on April 7, 2026, citing moderating inflation and sluggish GDP growth. Inflation is projected at 4.5% for FY 2026-27. The decision aims to support MSMEs and ease borrowing costs. Governor emphasized vigilance on food inflation. This follows recent global rate cuts by the US Fed.

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What is the new repo rate after RBI's latest cut?

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