Current Affairs for Exams

Index of Eight Core Industries: What It Measures and Why It Matters

The Index of Eight Core Industries grew just 0.5% in May 2026 and about 1.1% over 2025-26, showing weak momentum in India's basic industries. The …

BANKING UPSC SSC STATE_PCS

India Private Sector Growth Slows in June as PMI Eases

India's private sector grew more slowly in June 2026, with the HSBC Flash Composite PMI falling to 57.4 from 59.3 in May, though it stayed …

Government to Buy Back Dated Securities Worth Rs 30,000 Crore

The Government of India will buy back its dated securities worth about Rs 30,000 crore (face value) through an auction on the RBI E-Kuber platform …

BANKING UPSC STATE_PCS

BANKING UPSC SSC STATE_PCS

RBI Issues Final TReDS Rules to Help MSMEs Get Paid Faster

The RBI has issued the final TReDS (Trade Receivables Discounting System) Directions, 2026, after public feedback on an April draft. The rules simplify the framework, …

RBI Lets Banks Lend Against FCNR Deposits to Boost Dollar Inflows

The RBI has clarified that banks can give loans against FCNR (Foreign Currency Non-Resident) deposits, encouraging NRIs to park dollars in India. The move, part …

BANKING UPSC STATE_PCS

India and US Moving Decisively to Finalize Bilateral Trade Agreement

On June 23, 2026, the US Ambassador said India and the US were moving decisively to finalize their bilateral trade agreement. Top trade and finance …

22 Jun 2026

1 articles

Alan Greenspan, Former US Federal Reserve Chair, Dies at 100

Alan Greenspan, who chaired the US Federal Reserve for over 18 years, died on 22 June 2026 aged 100. He championed low inflation but his …

UPSC BANKING

21 Jun 2026

2 articles

India's Economy in Numbers: State Debt, WPI Surge, Trade Deficit, and NSE's Historic IPO

India's state debt rose to ₹90.5 trillion in FY25, WPI inflation surged to 9.7% in May 2026 amid the West Asia conflict, and the National …

UPSC STATE_PCS BANKING SSC

India's Current Account Deficit: From Policy Comfort to Strategic Vulnerability

India has run a current account deficit in 31 of the past 35 years, treating it as a normal cost of growth. But rising geopolitical …

20 Jun 2026

1 articles

Critical Minerals Move to the Centre of India's Strategic and Industrial Policy

Critical minerals like lithium and rare earths have moved to the centre of India's strategy. With the Rs 16,300-crore National Critical Mineral Mission and a …

15 Jun 2026

10 articles

UPSC SSC BANKING RAILWAY STATE_PCS

India's Standoff with WhatsApp Over Username Feature Sparks Debate on Digital Privacy and Law Enforcement

India has paused WhatsApp’s username feature over concerns about cybercrime investigations, reigniting debate on digital privacy, state surveillance, and the need for clear laws on …

Ethanol Blending in Petrol: Technical Impact and Policy Roadmap for India

Ethanol blending up to E20 has negligible impact on vehicle performance, and E25 requires further testing. India must adopt a multi-technology approach to reduce fossil …

Government Raises Export Duties on Diesel and Jet Fuel

The finance ministry raised export duties on diesel to Rs 14 per litre and on jet fuel (ATF) to Rs 12.5 per litre, while keeping …

World Bank Raises India's FY27 Growth Forecast to 6.6%

The World Bank raised India's FY27 growth forecast to 6.6%, a small 0.1 point upgrade, even as it cut projections for many other large economies. …

India's Merchandise Exports Rise 18% in May; Trade Deficit Widens to $28.21 Billion

India's merchandise exports rose 18% in May 2026 to $45.20 billion, led by engineering goods, petroleum products and electronics. But because imports grew faster on …

India's Unemployment Rate Climbs to an 11-Month High of 5.5% in May

India's unemployment rate rose to an 11-month high of 5.5% in May 2026 from 5.2% in April, driven mainly by higher rural joblessness. Labour force …

Wholesale Inflation Surges to 9.68% in May 2026

India's wholesale inflation rose to a series high of 9.68% in May 2026, up from 8.26% in April, driven by costly fuel, crude, chemicals and …

US-Iran Peace Deal: What It Means for India's Economy

A US-Iran peace understanding is set to reopen normal shipping through the Strait of Hormuz, easing global crude prices. For oil-importing India, this could lower …

UPSC SSC STATE_PCS RAILWAY

Noida International Airport Begins Commercial Operations

The Noida International Airport at Jewar in Uttar Pradesh began commercial operations on June 15, 2026, giving the NCR two major airports. IndiGo operated the …