Current Affairs for Exams

Government Crosses Nearly a Quarter of Rs 80,000-Crore Asset-Sale Target for FY27

India has raised about Rs 18,454 crore so far in FY27, crossing nearly a quarter of its Rs 80,000-crore asset-sale target, through stake sales in …

UPSC BANKING STATE_PCS SSC

Centre Plans to Let Private Funds Invest Early in New Infrastructure Projects

The Centre is planning a new PPP framework that would let private equity firms, pension funds and sovereign wealth funds invest in greenfield infrastructure projects …

Crude Oil Prices Edge Up as West Asia Ceasefire Hopes Weaken

Crude oil prices rose slightly on 6 June 2026 after a Lebanon-based armed group rejected a US-brokered ceasefire, dimming hopes of calm in West Asia. …

05 Jun 2026

3 articles

India's Economy Grows 7.7% in FY26, Lifted by Strong March Quarter

Provisional data released on 5 June 2026 showed India's economy grew 7.7% in FY26, above the expected 7.6% and up from 7.1% in 2024-25, helped …

RBI Holds Repo Rate at 5.25%, Cuts FY27 Growth Forecast to 6.6%

In its June 2026 meeting on 5 June, the RBI's Monetary Policy Committee unanimously kept the repo rate unchanged at 5.25% with a neutral stance. …

Government Launches Rs 22,000-Crore Projects Across Gujarat, Daman and Lakshadweep

Development and infrastructure projects worth about Rs 22,000 crore were taken up on 5 June 2026 across Gujarat, Daman and Lakshadweep. They span expressways, airports, …

UPSC SSC STATE_PCS

04 Jun 2026

7 articles

Government Freezes Jet Fuel (ATF) Prices for Airlines Under Price Stabilisation Fund

On 3 June 2026 the Union Cabinet approved a scheme to freeze Aviation Turbine Fuel (ATF) prices for Indian airlines at a fixed rate, backed …

UPSC STATE_PCS BANKING SSC

India's Renewable Energy Push: Solar, Wind and the Growing Role of Storage

As of April 30, 2026, India's installed solar capacity reached 154.24 GW and total renewable capacity stood at 279.25 GW, with wind at nearly 52 …

India Stays Among Fastest-Growing Economies as May 2026 PMI Signals Strong Activity

India remains among the world's fastest-growing major economies despite global uncertainty, a Union minister said on 4 June 2026. May 2026 PMI data backed this, …

India Targets Operationalising Nine Recent Free Trade Agreements Within 10 Months

India expects all nine Free Trade Agreements signed in the last three years to become operational within 9 to 10 months, the Commerce Minister said …

RBI Confirms Gold Reserves Unchanged at 880.52 Tonnes

The RBI has clarified that its physical gold holdings remain unchanged at 880.52 tonnes, rejecting reports of any sale. Gold is a key part of …

India and Cambodia Link UPI for Cross-Border QR Payments

India and Cambodia have linked their payment systems so Indian travellers can pay by scanning QR codes using UPI at over 4.5 million Cambodian merchants. …

India Backs Coal Gasification With Rs 37,500 Crore Push for Energy Self-Reliance

India has launched an incentive package worth around Rs 37,500 crore to fast-track coal gasification, which turns coal into syngas for fuels, fertiliser, and chemicals. …

UPSC SSC STATE_PCS

03 Jun 2026

5 articles

IIP Explained: India's New 2022-23 Base Year, Sectors and Use-Based Classification

The April 2026 Index of Industrial Production is the first release under the new 2022-23 base year. Here is a simple explainer on what the …

RBI MPC Meeting June 2026: Rates Likely to Stay on Hold Amid Caution

The RBI's Monetary Policy Committee meets in early June 2026, with analysts widely expecting rates to be held steady amid caution over rising inflation risks …

India-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 …

01 Jun 2026

2 articles

India–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 …

UPSC BANKING SSC