Current Affairs for Exams

Daily current affairs curated for government exam preparation

29 May 2026

10 articles
Polity & Governance

Supreme Court Sets Aside SEBI's Fraud Findings Against RIL in 2007 RPL Futures Case

The Supreme Court has set aside SEBI's fraud findings against Reliance Industries in the 2007 RPL futures trading case and quashed the Rs 447 crore …

UPSC BANKING
Economy

Indonesia Nickel Refining Crunch Threatens India's EV Battery and Stainless-Steel Costs

India's EV battery and stainless-steel sectors face rising nickel prices and supply uncertainty as Indonesia's refineries — source of 80 per cent of India's ferronickel …

UPSC BANKING STATE_PCS
Economy

Four Co-operative Banks Added to RBI Act's Second Schedule

The RBI has added four cooperative banks — Contai (WB), Prime (Surat), Shri Veershaiv (Kolhapur) and Varachha (Surat) — to the Second Schedule of the …

BANKING UPSC
Economy

India Services Exports Grow 12.7% in April 2026 to USD 37 Billion: RBI Data

India's services exports rose 12.7 per cent year-on-year to USD 37,021 million in April 2026, with imports up 8.9 per cent to USD 18,417 million. …

UPSC BANKING SSC
Economy

RBI Penalises CreditAccess Grameen Rs 3.10 Lakh for KYC Compliance Lapse

RBI has fined CreditAccess Grameen Rs 3.10 lakh for failing to maintain robust transaction-monitoring software required under KYC and anti-money-laundering directions. The action was based …

BANKING UPSC
Economy

RBI House Price Index Q4 2025-26: 4.2% Annual Rise Led by Nagpur, Jaipur, Chandigarh

India's All-India House Price Index rose to 115.9 in Q4 2025-26, a 4.2 per cent year-on-year increase. Nagpur, Jaipur, Chandigarh and Kanpur led the annual …

UPSC BANKING SSC
Economy

Centre Orders Oil Marketing Companies to Hold 30-Day LPG Strategic Reserves

The Centre has asked state-run OMCs (IOC, BPCL, HPCL) to set up strategic LPG reserves equal to 30 days of demand, after the West Asia …

UPSC SSC STATE_PCS BANKING
Economy

MoSPI Permanently Shifts Q4 GDP Release to 7 June from 31 May for Better Data Quality

MoSPI has permanently moved the Q4 GDP release from 31 May to 7 June (or the previous working day) to improve data quality. The 2025-26 …

UPSC BANKING SSC
Economy

RBI Revives Polymer Banknote Plan, Pilot Likely for Rs 10 and Rs 20 Notes

The RBI is reviving its decade-old plan to introduce polymer banknotes, with a pilot likely on Rs 10 and Rs 20 denominations. Polymer notes last …

UPSC BANKING SSC
Economy

RBI Annual Report FY26: West Asia War Tops Risk List, Balance Sheet Expands 20.6%

RBI's Annual Report 2025-26 flagged the West Asia war as the biggest external risk and kept India's 2026-27 GDP growth forecast at 6.9 per cent. …

UPSC SSC BANKING STATE_PCS

28 May 2026

10 articles
Environment

Warmer Nights Emerge as a Growing Public-Health Challenge in Indian Cities

Studies show that night-time temperatures in many Indian cities now offer little relief from daytime heat, raising health risks for outdoor workers, the elderly and …

UPSC SSC BANKING STATE_PCS
Economy

India Plans Multiple Ethanol-Blended Petrol Variants at Fuel Stations

India plans to offer multiple ethanol-blended petrol variants — E20, E22, E25 and E30 — at fuel stations after meeting the 20% blending target in …

UPSC SSC BANKING STATE_PCS
Social Issues

UN World Cities Report 2026 Flags Global Housing Crisis; India Faces Sharp Affordability Gap

UN-Habitat’s World Cities Report 2026, “The Global Housing Crisis: Pathways to Action”, says 3.4 billion people lack adequate housing. Financialisation, speculative investment and weak rental …

UPSC SSC BANKING STATE_PCS
Economy

RBI Imposes Monetary Penalties on Three Co-operative Banks for Regulatory Lapses

The RBI has imposed monetary penalties of Rs 2 lakh each on Jalore Central Co-operative Bank (Rajasthan), Shree Laxmi Co-operative Bank (Pune) and Lunawada People’s …

UPSC BANKING SSC STATE_PCS
Economy

RBI Conducts T-Bill and Government Securities Auctions; Cut-off Yields Released

RBI released this week’s T-Bill auction results — cut-off yields of 5.56% (91-day), 5.73% (182-day) and 6.03% (364-day) — and announced a Rs 28,000 crore …

UPSC BANKING SSC STATE_PCS
Economy

India’s Insolvency and Bankruptcy Code Completes a Decade on 28 May 2026

India’s Insolvency and Bankruptcy Code completes ten years on 28 May 2026. While gross NPAs have fallen sharply since FY18, delays in resolution and seven …

UPSC BANKING SSC STATE_PCS
Economy

ASCI FY26 Annual Report: 97% of Violative Ads on Digital, Four-Fifths on Meta

ASCI’s FY26 annual report says 97% of violative ads were on digital platforms, with 79.84% on Meta. Offshore betting was the most violative sector with …

UPSC SSC BANKING STATE_PCS
Science & Tech

DST Task Force Releases Report on Making India’s Digital Ecosystem Quantum-Safe

A DST Task Force report recommends that India begin a phased migration to post-quantum cryptography standards finalised by NIST in 2024, with priority for critical …

UPSC SSC BANKING DEFENCE STATE_PCS
Science & Tech

Chandrayaan-2 Detects Possible Subsurface Ice Near Lunar South Pole

Using radar data from Chandrayaan-2’s DFSAR instrument, ISRO scientists report possible subsurface ice in four doubly shadowed craters near the Moon’s south pole, strengthening the …

UPSC SSC BANKING DEFENCE STATE_PCS
Environment

Air Pollution Cut India’s Solar Power Output by 9.6% in 2023, Nature Sustainability Study Finds

A Nature Sustainability study finds aerosol pollution cut India’s solar power output by 9.6% in 2023 — about 15 TWh — far above the global …

UPSC SSC BANKING STATE_PCS