Current Affairs for Exams
Daily current affairs curated for government exam preparation
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- 07 Jul 2026, Tue (4)
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03 Jun 2026
5 articlesIndia-US Trade Deal Nears Finish as US Proposes 12.5% Tariff Under Section 301
The US says nearly 99% of issues in the first-phase India-US trade agreement are resolved and a deal is weeks away. At the same time, …
India's Services PMI Rises to 59.8 in May 2026, Strongest Growth Since November 2025
India's services PMI rose to 59.8 in May 2026 from 58.8 in April, the fastest growth since November 2025. A reading above 50 signals expansion, …
Union Cabinet Approves Rs 20,000 Crore Plan for Jet Fuel Price Support and Cleaner Vehicles
On 3 June 2026 the Union Cabinet cleared schemes worth nearly Rs 20,000 crore, including a Rs 10,000 crore fund to keep jet fuel prices …
Centre's Domestic Financing Nearly Doubled to Rs 3.6 Trillion in April 2026
The Centre raised nearly Rs 3.6 trillion via domestic financing in April 2026, almost double a year earlier, aided by strong small savings inflows. It …
India GDP Likely Grew Around 7.3% in Q4 FY26, Economists Project
A survey of economists projects India's GDP grew about 7.3% in the January-March 2026 quarter, easing from 7.8% earlier but still resilient. This is an …
01 Jun 2026
4 articlesIndia–Oman CEPA Comes Into Force, Opening Duty-Free Access for Indian Exports
The India–Oman CEPA came into force on 1 June 2026, giving nearly all Indian exports duty-free access to Oman. It adds to India’s widening network …
West Asia Crisis Exposes India's Energy Vulnerability: What India Should Do
The West Asia crisis has again exposed how dependent India is on imported energy, which drives inflation and pressures the rupee. India has strong refining …
Centre Sets Aside Rs 8,550 Crore to Boost Farm Machinery and Curb Stubble Burning in FY27
The Centre has set aside Rs 8,550 crore for FY27 to help about 1.5 lakh small and marginal farmers access modern machinery and reduce stubble …
India Cuts Export Duties on Petrol, Diesel and ATF from 1 June 2026
From 1 June 2026 the Finance Ministry cut export duties on petrol to Rs 1.5 per litre, diesel to Rs 13.5 per litre and ATF …
29 May 2026
9 articlesIndonesia 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 …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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. …
28 May 2026
2 articlesIndia 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 …
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 …