India Forges Stronger Strategic Ties with Philippines, Navigates US Tariff Threats, and RBI Holds Key Rates

August 06, 2025

In the past 24 hours, India has been a focal point of significant developments across international relations, economy, and national events. The nation elevated its ties with the Philippines to a strategic partnership. Simultaneously, it continued to push back against renewed US tariff threats related to its Russian oil imports. Economically, the Reserve Bank of India maintained its key lending rates, while important banking law amendments and UPI operational changes came into effect. Tragic flash floods also struck Uttarkashi following a cloudburst.