Current Affairs for Exams

Cabinet Approves ₹25,530 Crore Extension of Sarthak-PDS to Bring AI into Ration System

The Union Cabinet approved a ₹25,530 crore, five-year extension of the Sarthak-PDS scheme to use AI for identifying beneficiaries, tracking food grains, and handling complaints, …

Supreme Court Upholds 28% GST on Online Gaming, Allows Retrospective Tax Demands

The Supreme Court upheld the 28% GST on online gaming and allowed retrospective tax demands of over ₹1.5 trillion, accepting the government's view that the …

US Trade Delegation to Visit India from 1–4 June 2026 for Trade Agreement Talks

A US delegation will visit India from 1–4 June 2026 to finalise an interim bilateral trade agreement. Concerns remain over US agricultural imports affecting Indian …

India Plans to Export Vande Bharat Trains, Develops Standard-Gauge Version

India is developing a standard-gauge version of the Vande Bharat Express to enter export markets. Neighbouring countries and some nations in Latin America and Africa …

UPSC SSC RAILWAY

26 May 2026

8 articles

West Asia Conflict Pushes Up Oil Prices, Hits Fuel Supply and Airlines in India

Higher global crude prices from the West Asia conflict have led to fuel price hikes, local shortages and airlines cutting routes in India, highlighting the …

Government Approves Sale of CPSE Indian Medicines Pharmaceutical Corporation for ₹121 Crore

The government approved the strategic sale of IMPCL, a CPSE under the Ministry of Ayush, to Skymap Pharmaceuticals for ₹121 crore, including 100% stake and …

RBI Sets Up Expert Committee on Quantum-Secure Financial Ecosystem (Q-SAFE)

The RBI has set up an expert committee, Q-SAFE, to prepare the financial system for quantum technology, which can both solve complex problems and threaten …

BANKING UPSC SSC

RBI Sets Cooling-Off Period for Directors of Co-operative Banks

The RBI has finalised rules introducing a cooling-off period for directors of urban and rural co-operative banks who complete ten continuous years on the board, …

BANKING UPSC SSC

RBI Transfers ₹2.9 Trillion Surplus to Government for 2025-26

The RBI transferred nearly ₹2.9 trillion surplus to the government for 2025-26, up 6.7%, after lowering its contingency risk buffer to 6.5% of its balance …

BANKING UPSC SSC

Government Plans ₹1,000-Crore Corpus to Boost Silk Production and Exports

The Textiles Ministry is planning a ₹1,000-crore corpus to raise silk production to 44,500 tonnes in FY27, cut import dependence and support nearly 9.84 million …

India and Canada Fast-Track Trade Talks, Aim to Conclude CEPA by End of 2026

India and Canada will fast-track talks on a Comprehensive Economic Partnership Agreement (CEPA), aiming to conclude it by end-2026, as Piyush Goyal led a large …

India and US Sign Framework on Critical Minerals and Rare Earths

India and the US have signed a framework to jointly mine, refine and recycle critical minerals and rare earths, aiming to secure supply chains after …

25 May 2026

8 articles

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.

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.

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.

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

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

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

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.

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.