Current Affairs for Exams

UPSC SSC BANKING RAILWAY RBI_GRADE_B

RBI Conducts 1-Day VRR Auction for ₹50,000 Crore on July 7, 2026

The RBI conducted a ₹50,000 crore overnight Variable Rate Repo auction on July 7, 2026, to manage short-term liquidity, with reversal on July 8, 2026, …

06 Jul 2026

1 articles

UPSC SSC BANKING STATE_PCS

RBI Conducts 3-Day Variable Rate Repo Auction on July 6, 2026; All Bids Fully Allocated at 5.26%

The RBI fully allotted ₹14,600 crore in a 3-day VRR auction on July 6, 2026, at a uniform rate of 5.26%, indicating strong demand and …

05 Jul 2026

6 articles

RBI Conducts Net Liquidity Absorption via LAF Operations on July 5, 2026

The RBI absorbed ₹1.89 lakh crore net liquidity via SDF and repo operations on July 5, 2026, to maintain monetary stability amid surplus banking system …

UPSC SSC BANKING RAILWAY

Government Directs Meta to Remove Child Sexual Abuse Material Ads on Instagram

The Ministry of Electronics and IT directed Meta to remove child sexual abuse material ads on Instagram and submit a compliance report within seven days, …

Foxconn Q2 Revenue Surges 39.8% Amid AI Demand, Warns of Geopolitical Risks

Foxconn reported a 39.8% year-on-year revenue rise in Q2 2026, driven by AI and iPhone demand, but warned of risks from global political volatility.

Delhi's EV Policy Targets 30% Electrification by 2030 Amid Infrastructure and Supply Chain Challenges

Delhi aims to electrify 30% of its vehicles by 2030 under a new policy targeting air pollution reduction. Challenges include charging infrastructure, battery supply chain …

El Nio and Rising Imports Challenge India's Food Security in 2026

El Nio in a strong phase threatens India’s kharif and rabi crops, increasing food inflation risks and pushing the country toward higher food imports. MSP …

FDA Cracks Synthetic Milk Racket in Maharashtra, Arrests 13 in Five Districts

The FDA dismantled a synthetic milk racket in Maharashtra on July 4–5, 2026, arresting 13 and seizing ₹1.48 crore worth of harmful chemicals used in …

04 Jul 2026

2 articles

RBI Conducts Large-Scale Liquidity Absorption via Money Market Operations on July 4, 2026

The RBI absorbed ₹1.79 lakh crore in liquidity on July 4, 2026, through LAF, SDF, and MSF operations, signaling a shift toward tighter monetary policy …

WhatsApp Given 3 Extra Days to Respond on Username Feature, Assures No India Rollout Until Talks End

WhatsApp has been granted three extra days to respond to the IT Ministry’s notice on its username feature, with a promise not to launch it …

03 Jul 2026

1 articles

RBI Conducts Net Liquidity Absorption via Money Market Operations on July 3, 2026

On July 3, 2026, the RBI conducted money market operations resulting in a net liquidity absorption of ₹1,78,975 crore, using LAF, MSF, SDF, and SLF …

UPSC SSC BANKING RAILWAY

30 Jun 2026

2 articles

UPSC BANKING SSC STATE_PCS

India's Fiscal Deficit at 9.6% of FY27 Target by End-May

India's fiscal deficit reached 9.6% of the FY27 target (about 1.62 trillion rupees) by end-May 2026, narrowing sharply after a record RBI dividend of 2.87 …

BANKING UPSC SSC STATE_PCS

RBI Releases Financial Stability Report, June 2026

The RBI released the June 2026 Financial Stability Report, finding India's financial system resilient with sound banks, NBFCs and insurers. It flagged elevated global risks …

28 Jun 2026

1 articles

UPSC SSC BANKING STATE_PCS

Apple Reinstates Card Payments on App Store in India, RuPay Support Expected Soon

Apple has restored Visa and Mastercard payments on the App Store in India, complying with RBI’s tokenisation and data localisation rules. RuPay support is expected …

26 Jun 2026

3 articles

Government Eases Quality Control Order Compliance with a Risk-Based Mechanism

The government's Transition Facilitation (Quality Control) Order, 2026 introduces a risk-based mechanism to ease compliance with Quality Control Orders, allowing sourcing under the BIS self-declaration …

Centre Nudges States to Focus Capex Loans on Five Priority Sectors; FM Backs Borrowing for Asset Creation

The Centre is revamping its Rs 2 trillion, 50-year interest-free SASCI capex loan scheme, asking states to focus FY27 proposals on a maximum of five …

RBI Releases Draft Master Direction on Call, Notice and Term Money Markets, 2026

The RBI has released a draft Master Direction to govern the call, notice and term money markets, inviting public comments till 17 July 2026. The …

25 Jun 2026

3 articles

Amazon to Invest an Additional $13 Billion in India for Cloud and AI

Amazon announced an additional $13 billion investment to expand AI and cloud infrastructure in India by 2030, taking its total AI/cloud commitment to over $21 …

RBI Revises Upper-Layer NBFC Rule: Single Rs 1 Lakh Crore Asset Threshold

The RBI has simplified the criterion for an Upper-Layer NBFC: any NBFC with assets of Rs 1 lakh crore or more now qualifies, replacing the …

Amazon to Invest an Additional $13 Billion in India's Cloud and AI; CEO Meets PM Modi

Amazon CEO Andy Jassy met Prime Minister Modi on 25 June 2026 and announced an additional $13 billion investment to expand AI and cloud infrastructure …