Current Affairs for Exams

Daily current affairs curated for government exam preparation

07 Jun 2026

8 articles
Economy

OPEC+ Raises July Oil Output Target by 1.88 Lakh Barrels a Day

On 7 June 2026, the OPEC+ group of oil-producing nations agreed to raise its July crude output target by 1,88,000 barrels a day, the fourth …

UPSC BANKING SSC RAILWAY STATE_PCS
Economy

Why Central Banks Are Buying Gold and What It Means for the US Dollar

Central banks now hold more gold than US Treasury bonds for the first time in recent memory. This explainer breaks down why nations are stockpiling …

UPSC BANKING STATE_PCS SSC
Economy

India's GDP Grows 7.7% in 2025-26, But Farm Sector Slowdown Raises Alarm

Provisional estimates released on 6 June 2026 put India's GDP growth at 7.7% for 2025-26, slightly above the forecast, with strong manufacturing and consumption but …

UPSC SSC BANKING STATE_PCS
Economy

India's Milk Output Set to Grow 6% in FY27 Despite Weak Monsoon Fears

India's milk production is expected to rise about 6% to roughly 263 million tonnes in FY27, even amid fears of a weak monsoon, helped by …

UPSC SSC BANKING RAILWAY STATE_PCS
Economy

Domestic LPG Price Raised by Rs 29 per Cylinder Amid Higher Global Energy Costs

The domestic LPG cylinder price has been raised by Rs 29, the second hike in three months, taking the three-month total to Rs 89. The …

UPSC SSC BANKING RAILWAY STATE_PCS
Economy

RBI Holds Rates Steady in June 2026 MPC Meeting Amid Inflation Worries

In its June 2026 meeting, the RBI's Monetary Policy Committee kept the policy rate and stance unchanged even as wholesale inflation hit a 42-month high …

UPSC BANKING STATE_PCS
Economy

India Seen Growing Above 8% Despite West Asia Oil Worries: PM-EAC Member

A Prime Minister's Economic Advisory Council member said on 8 June 2026 that India can grow above 8% despite West Asia tensions and costly crude, …

UPSC BANKING STATE_PCS SSC
Economy

Government Sets Standard Pack Sizes for Edible Oils to Help Shoppers Compare Prices

On 6 June 2026, the Department of Consumer Affairs ordered that edible oils in India be sold only in fixed standard pack sizes, with a …

UPSC SSC BANKING STATE_PCS

06 Jun 2026

7 articles
Economy

RBI Opens FCNR(B) Deposit Window to Attract NRI Foreign Currency and Build Forex Reserves

The RBI has launched a special FCNR(B) deposit window, bearing the hedging cost itself, to draw foreign currency from NRIs and strengthen India's forex reserves. …

UPSC BANKING SSC STATE_PCS
Economy

Andhra Pradesh Lets Data Centres Buy and Distribute Their Own Power

Andhra Pradesh has become the first Indian state to let private data centres act as power distributors through a deemed distribution licence, allowing them to …

UPSC STATE_PCS BANKING
Economy

US Proposes Up to 12.5% Tariff on India Citing Forced-Labour Import Rules

The USTR has proposed import duties of up to 12.5% on India and other countries under Section 301, citing weak action against forced-labour goods. The …

UPSC STATE_PCS BANKING
Economy

India Aims for Nearly Fourfold Rise in Fisheries Exports to $30 Billion in Five Years

India has set a target of raising fisheries exports to more than $30 billion in five years, up from about $8.45 billion now, with a …

UPSC SSC BANKING STATE_PCS
Economy

Government Crosses Nearly a Quarter of Rs 80,000-Crore Asset-Sale Target for FY27

India has raised about Rs 18,454 crore so far in FY27, crossing nearly a quarter of its Rs 80,000-crore asset-sale target, through stake sales in …

UPSC BANKING SSC STATE_PCS
Economy

Centre Plans to Let Private Funds Invest Early in New Infrastructure Projects

The Centre is planning a new PPP framework that would let private equity firms, pension funds and sovereign wealth funds invest in greenfield infrastructure projects …

UPSC BANKING STATE_PCS SSC
Economy

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. …

UPSC BANKING SSC STATE_PCS

05 Jun 2026

4 articles