Current Affairs for Exams

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 …

India–New Zealand FTA: A Modern Trade Partnership Takes Shape

India and New Zealand are negotiating a Free Trade Agreement offering zero-duty access for Indian exports and a proposed $20 billion investment over 15 years, …

Polity & Governance

Passport Fees to Rise from 1 July 2026 — First Revision Since 2012

Passport fees rise from 1 July 2026 under the Passports (Amendment) Rules, 2026 — the first revision since 2012 — as the Passport Seva network …

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 Issues Master Direction on Credit Derivatives, 2026

The RBI has issued the final Master Direction on Credit Derivatives, 2026, allowing derivatives on credit indices and total return swaps on corporate bonds. Credit …

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

7 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 …

UPSC BANKING SSC STATE_PCS

India's Shipbuilding Push and Why Cooperation With South Korea Matters

India wants to join the world's top shipbuilding nations through its Maritime India Vision and a large support package. A deepening partnership with South Korea, …

UPSC STATE_PCS BANKING SSC

Strait of Hormuz: Why This Narrow Sea Route Still Worries India After the Ceasefire

About one-fifth of the world's oil passes through the narrow Strait of Hormuz. Even after a ceasefire, disputes over transit routes and a ship attack …

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 …

RBI's New Fraud Compensation Mechanism: What's Different, Who Pays, How to Claim

The RBI has notified a revised digital-payment fraud compensation mechanism, effective 1 January 2027, that pays a genuine victim up to 85% of the net …

India-UK CETA Heads Towards July 15 Implementation as Commerce Minister Visits UK

India's commerce minister will visit the UK from June 25 to 27 ahead of the July 15 deadline to operationalise the India-UK CETA. Talks will …

24 Jun 2026

6 articles

India-US Trade Talks Near an Interim Deal as US Delegation Visits

India and the US are reported to be near an interim trade agreement after a year of talks, with officials calling the deal nearly complete. …

India's shipbuilding push draws global orders under the 70,000 crore rupee package

India's 70,000 crore rupee shipbuilding package is drawing export orders and investor interest, the shipping secretary says. Built on capacity expansion, the SBFAS, the Maritime …

Science & Tech

ePlane unveils India's first full-scale eVTOL aircraft prototype

Chennai-based The ePlane Company has assembled India's first full-scale electric vertical takeoff and landing (eVTOL) prototype, the e200X (PT-01). Built as one airframe for use …

SSC UPSC BANKING

RBI Money-Market Snapshot: T-Bill Yields, G-Sec Auction and Corporate Sector Results

The RBI released routine money-market data in late June, including T-Bill auction cut-off yields of about 5.25 to 5.64 per cent across tenures, a 28,000-crore-rupee …

BANKING

RBI Tightens Banking Rules: Customer Fraud Liability, NBFC Upper Layer, Forex and Model Risk

The RBI issued several regulatory updates: wider protection and faster compensation for customers hit by digital fraud, a simpler one-lakh-crore asset threshold for identifying top-tier …

BANKING UPSC

HCES 2023-24: India Poorest Decile of 2011-12 Has Almost Vanished

An analysis of the Household Consumption Expenditure Survey 2023-24 finds that the real spending level of India poorest 10 per cent in 2011-12 now applies …