Current Affairs for Exams

Science & Tech

SpaceX Launches Its Biggest, Upgraded Starship on Test Flight

SpaceX flight-tested its largest, upgraded Starship — the reusable rocket NASA plans to use to land astronauts on the Moon.

UPSC SSC

Economy

India's Factory Growth Slowed in May as Manufacturing Lost Momentum: PMI

India's HSBC Flash PMI showed factory and services growth slowing in May amid the West Asia conflict, though activity stayed in expansion.

UPSC BANKING SSC

Economy

India Ranks 2nd Among Emerging Markets in April on Export Rebound

India ranked 2nd among emerging markets in April, driven by a rebound in exports — largely petroleum products amid high crude prices.

UPSC SSC BANKING

Economy

Index of Eight Core Industries Grows Just 1.7% in April 2026

India’s Index of Eight Core Industries grew only 1.7% in April 2026, signalling a tepid start to the financial year.

UPSC SSC BANKING

International Relations

Quad Foreign Ministers to Meet in Delhi

Quad Foreign Ministers (India, US, Australia, Japan) meet in Delhi, hosted by EAM Jaishankar, for the first time in nearly a year.

UPSC SSC

Economy

Indian Railways Plans ₹40,000 Crore Tender for 1 Lakh Freight Wagons

Indian Railways plans a ~₹40,000 crore tender to procure 100,000 freight wagons over 3-4 years, boosting freight capacity.

UPSC RAILWAY SSC

Economy

India’s Wheat Procurement Crosses 34 Million Tonnes, Strengthening Food Buffers

India has procured 34.2 million tonnes of wheat this rabi season, above last year and near target, strengthening food buffer stocks.

UPSC SSC

Economy

Petrol-Diesel Excise Duty Cut to Cost Government ₹1 Lakh Crore in Revenue

FM Sitharaman said cutting excise duty on petrol and diesel will reduce government revenue by about ₹1 lakh crore, easing fuel prices for consumers.

UPSC SSC

Economy

RBI Weighs Options Including Rate Hike to Steady a Falling Rupee

With the rupee near 97 to the dollar, the RBI is weighing a rate hike, currency swaps, and overseas dollar-raising to stabilise it.

UPSC BANKING SSC

Economy

Status of ₹2000 Banknote Withdrawal — Over 98% Returned

The RBI’s periodic update shows the vast majority of withdrawn ₹2000 notes have returned to the banking system; the note remains legal tender.

UPSC BANKING SSC

Economy

RBI Transfers Record ₹2.87 Lakh Crore Dividend to the Centre

The RBI approved a record ₹2.87 lakh crore surplus transfer to the Centre and raised its contingency risk buffer by over ₹1 lakh crore.

UPSC BANKING SSC

Economy

RBI Transfers Record Rs 2.87 Lakh Crore Surplus to Centre for FY26

The Reserve Bank of India transferred a record surplus of about Rs 2.87 lakh crore to the central government for 2025-26. Its total income touched …

UPSC SSC BANKING STATE_PCS

Economy

Viyona Fintech Receives NPCI Certification for UPI, IMPS and IBMB Integrations

Hyderabad-based Viyona Fintech received NPCI certification for UPI Acquirer, UPI Issuer, IMPS and IBMB integrations, aimed at strengthening interoperable and rural banking.

BANKING SSC UPSC

International Relations

Health Minister J.P. Nadda Addresses 79th World Health Assembly in Geneva

Union Health Minister J.P. Nadda addressed the 79th World Health Assembly in Geneva on 19 May 2026, highlighting Ayushman Bharat, digital health and Vaccine Maitri.

UPSC SSC BANKING

Economy

TVS Venu Group Acquires 9.9% Stake in Jana Small Finance Bank

The TVS Venu Group acquired a 9.9% stake in Bengaluru-based Jana Small Finance Bank for ₹193.3 crore, while TVS Motor secured an additional 4.9%.

BANKING SSC UPSC

Economy

Gunveer Singh Appointed Executive Director of Reserve Bank of India

Gunveer Singh was appointed Executive Director of the RBI on 18 May 2026 and will head the Department of Payment and Settlement Systems.

BANKING UPSC SSC

Defence & Security

Multilateral Military Exercise PRAGATI 2026 Begins at Umroi in Meghalaya

The two-week multilateral exercise PRAGATI 2026 began on 20 May 2026 at Umroi, Meghalaya, focusing on counter-terrorism in jungle terrain, with 12 friendly nations joining …

UPSC DEFENCE SSC

International Relations

PM Modi Conferred FAO Agricola Medal 2026 at Rome Headquarters

PM Narendra Modi received the FAO Agricola Medal 2026 at the FAO headquarters in Rome, presented by Director-General Qu Dongyu — the first visit by …

UPSC SSC BANKING

International Relations

India Hosts 68th Session of Asian Productivity Organisation Governing Body in New Delhi

India hosted the 68th APO Governing Body session at Bharat Mandapam, New Delhi, with delegates from 20 member economies; India currently chairs the 1961-founded organisation.

UPSC SSC BANKING

Defence & Security

DRDO Completes Final Development Trials of Indigenous ULPGM-V3 Precision Missile

DRDO has completed final development trials of the indigenous ULPGM-V3 precision missile at Kurnool in both air-to-ground and air-to-air modes, with production by Bharat Dynamics …

UPSC DEFENCE SSC