Current Affairs for Exams

Daily current affairs curated for government exam preparation

29 May 2026

10 articles
Economy

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
Economy

Four Co-operative Banks Added to RBI Act's Second Schedule

The RBI has added four cooperative banks — Contai (WB), Prime (Surat), Shri Veershaiv (Kolhapur) and Varachha (Surat) — to the Second Schedule of the …

BANKING UPSC
Economy

India Services Exports Grow 12.7% in April 2026 to USD 37 Billion: RBI Data

India's services exports rose 12.7 per cent year-on-year to USD 37,021 million in April 2026, with imports up 8.9 per cent to USD 18,417 million. …

UPSC BANKING SSC
Economy

RBI Penalises CreditAccess Grameen Rs 3.10 Lakh for KYC Compliance Lapse

RBI has fined CreditAccess Grameen Rs 3.10 lakh for failing to maintain robust transaction-monitoring software required under KYC and anti-money-laundering directions. The action was based …

BANKING UPSC
Economy

RBI House Price Index Q4 2025-26: 4.2% Annual Rise Led by Nagpur, Jaipur, Chandigarh

India's All-India House Price Index rose to 115.9 in Q4 2025-26, a 4.2 per cent year-on-year increase. Nagpur, Jaipur, Chandigarh and Kanpur led the annual …

UPSC BANKING SSC
Economy

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 …

UPSC SSC STATE_PCS BANKING
Economy

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
Economy

MoSPI Permanently Shifts Q4 GDP Release to 7 June from 31 May for Better Data Quality

MoSPI has permanently moved the Q4 GDP release from 31 May to 7 June (or the previous working day) to improve data quality. The 2025-26 …

UPSC BANKING SSC
Economy

RBI Revives Polymer Banknote Plan, Pilot Likely for Rs 10 and Rs 20 Notes

The RBI is reviving its decade-old plan to introduce polymer banknotes, with a pilot likely on Rs 10 and Rs 20 denominations. Polymer notes last …

UPSC BANKING SSC
Economy

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. …

UPSC SSC BANKING STATE_PCS

28 May 2026

10 articles
Environment

Warmer Nights Emerge as a Growing Public-Health Challenge in Indian Cities

Studies show that night-time temperatures in many Indian cities now offer little relief from daytime heat, raising health risks for outdoor workers, the elderly and …

UPSC SSC BANKING STATE_PCS
Economy

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 …

UPSC SSC BANKING STATE_PCS
Social Issues

UN World Cities Report 2026 Flags Global Housing Crisis; India Faces Sharp Affordability Gap

UN-Habitat’s World Cities Report 2026, “The Global Housing Crisis: Pathways to Action”, says 3.4 billion people lack adequate housing. Financialisation, speculative investment and weak rental …

UPSC SSC BANKING STATE_PCS
Economy

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 …

UPSC BANKING SSC STATE_PCS
Economy

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 …

UPSC BANKING SSC STATE_PCS
Economy

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 …

UPSC BANKING SSC STATE_PCS
Economy

ASCI FY26 Annual Report: 97% of Violative Ads on Digital, Four-Fifths on Meta

ASCI’s FY26 annual report says 97% of violative ads were on digital platforms, with 79.84% on Meta. Offshore betting was the most violative sector with …

UPSC SSC BANKING STATE_PCS
Science & Tech

DST Task Force Releases Report on Making India’s Digital Ecosystem Quantum-Safe

A DST Task Force report recommends that India begin a phased migration to post-quantum cryptography standards finalised by NIST in 2024, with priority for critical …

UPSC SSC BANKING DEFENCE STATE_PCS
Science & Tech

Chandrayaan-2 Detects Possible Subsurface Ice Near Lunar South Pole

Using radar data from Chandrayaan-2’s DFSAR instrument, ISRO scientists report possible subsurface ice in four doubly shadowed craters near the Moon’s south pole, strengthening the …

UPSC SSC BANKING DEFENCE STATE_PCS
Environment

Air Pollution Cut India’s Solar Power Output by 9.6% in 2023, Nature Sustainability Study Finds

A Nature Sustainability study finds aerosol pollution cut India’s solar power output by 9.6% in 2023 — about 15 TWh — far above the global …

UPSC SSC BANKING STATE_PCS