Current Affairs 8 October 2026

In short

  • RBI raises repo rate by 25 basis points to 5.50%
  • Opposition MPs protest against Special Intensive Revision of electoral rolls

…and 11 more stories on ENVIRONMENT, GOVERNANCE, DIPLOMACY, AWARDS.

Top stories

ECONOMY

RBI raises repo rate by 25 basis points to 5.50%

The Reserve Bank of India raised the policy repo rate by 25 basis points to 5.50%. This was reportedly the first repo-rate increase since February 2023. The central bank cited renewed inflationary pressures, including higher oil prices. The decision is expected to increase borrowing costs for home, personal and other floating-rate loans. The move signals a greater focus on price stability while maintaining attention to economic growth. The decision is important for understanding the transmission of monetary policy to banks and consumers.

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Which institution determines India’s policy repo rate?

POLITY

Opposition MPs protest against Special Intensive Revision of electoral rolls

Opposition MPs led by Congress leaders Mallikarjun Kharge and Rahul Gandhi marched towards Jantar Mantar in New Delhi. They protested against the Special Intensive Revision of electoral rolls. Police reportedly stopped the march and detained Rahul Gandhi and other protesters. The demonstrators demanded action against Chief Election Commissioner Gyanesh Kumar. The protest concerns the process of voter-list verification and the independence of election administration. The issue is relevant to electoral governance and constitutional institutions.

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The protest by Opposition MPs was directed primarily against which process?

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Current Affairs by JobSafal