Current Affairs for Exams

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

4 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 and Government Announce Measures to Attract Foreign Capital into Bonds and Equities

On 5 June 2026, the RBI and the government jointly unveiled measures to attract foreign capital and support the rupee. These include wider foreign access …

UPSC BANKING STATE_PCS

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

29 May 2026

4 articles

Indonesia 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 …

UPSC BANKING STATE_PCS

UPSC SSC STATE_PCS BANKING

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 …

India Faces 6-10 PM Power Shortfalls as Solar Output Drops After Sunset

India is seeing recurring evening power shortages between 6 PM and 10 PM as solar output fades and 40 GW of thermal capacity sits in …

UPSC SSC STATE_PCS

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

4 articles

India 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 …

RBI Conducts T-Bill and Government Securities Auctions; Cut-off Yields Released

RBI released this week’s T-Bill auction results — cut-off yields of 5.56% (91-day), 5.73% (182-day) and 6.03% (364-day) — and announced a Rs 28,000 crore …

India’s Insolvency and Bankruptcy Code Completes a Decade on 28 May 2026

India’s Insolvency and Bankruptcy Code completes ten years on 28 May 2026. While gross NPAs have fallen sharply since FY18, delays in resolution and seven …