Current Affairs for Exams

Daily current affairs curated for government exam preparation

03 Jun 2026

9 articles
Economy

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 …

UPSC SSC BANKING
Economy

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 …

UPSC SSC BANKING
Economy

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, …

UPSC SSC BANKING
Economy

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, …

UPSC SSC BANKING
Economy

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 …

UPSC SSC BANKING
Economy

Reforming India's Fertilizer Subsidy: Why Design Details Matter

India's nearly Rs 2 trillion fertilizer subsidy faces reform via Direct Benefit Transfer, but experts warn that without correcting urea pricing and the skewed N:P:K …

UPSC STATE-PCS SSC-CGL
Economy

India's Push for a Homegrown Semiconductor Ecosystem: Drivers and Challenges

India is pushing to build a homegrown chip ecosystem through the India Semiconductor Mission (Rs 76,000 crore outlay) and state incentives, driven by economic security, …

UPSC STATE-PCS SSC-CGL
Economy

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 …

UPSC SSC-CGL BANKING STATE-PCS
Economy

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 …

UPSC SSC-CGL BANKING STATE-PCS

01 Jun 2026

4 articles

29 May 2026

5 articles