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Top exam-relevant stories with MCQ-ready key points, compiled every morning from PIB, RBI and All India Radio. Latest edition: 27 June 2026.
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Indian exporters have raised concerns over the revised Foreign Exchange Management Act (FEMA) regulations implemented by the Reserve Bank of India (RBI). They fear that these changes could lead to a contraction in expor…
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The Central Board of Indirect Taxes and Customs (CBIC) has announced a new GST jurisdiction system to facilitate the seamless transfer of ongoing tax proceedings for businesses that shift their locations. This decision…
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Crude oil prices have significantly dropped due to increased tanker traffic through the Strait of Hormuz, alleviating supply concerns. This shift follows an incident involving a cargo vessel near Oman, reportedly linked…
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Treasury yields have decreased as oil prices fall due to increased shipments through the Strait of Hormuz, raising hopes for reduced inflation. The Federal Reserve is closely monitoring price pressures while traders spe…
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As fixed deposit rates decline, Indian investors are increasingly turning to corporate bonds, which offer better post-tax returns. This trend is driven by enhanced market access and regulatory reforms, leading to a surg…
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Jefferies strategist Chris Wood has warned that the artificial intelligence (AI) boom may come to an end not due to a surplus of chips but because investors will realize that hyperscalers are unable to achieve sufficien…
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Nomura's forecast for Q1 earnings of consumer staples indicates a robust start to FY27, with expectations of double-digit sales growth for major companies like Nestle, Titan, Britannia, Tata Consumer, and Marico. This g…
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Bitcoin ETFs are facing significant outflows, with over $1.3 billion withdrawn in just one week as the cryptocurrency market continues to decline. This shift marks a change in investor behavior, as they are reducing the…
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India and the UK have initiated their Comprehensive Economic and Trade Agreement (CETA), effective from July 15, which is expected to enhance bilateral trade significantly. Commerce Minister Piyush Goyal, leading a busi…
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The Cabinet Secretariat has initiated measures to reduce bureaucratic delays and enhance efficiency in the approval processes for key central projects. This move aims to facilitate quicker inter-ministerial consultation…
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India has initiated an anti-dumping investigation into hot rolled steel imports from China, Japan, and Russia due to allegations from JSW Steel and Jindal Steel that these products are being sold at unfairly low prices,…
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In June, Tokyo experienced a surge in core inflation, primarily driven by escalating energy costs linked to the ongoing conflict in the Middle East. This rise indicates a broader trend of increasing price pressures, pro…
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India's economy is projected to grow at 6.9% in FY27, despite geopolitical tensions and weather challenges. This growth is supported by favorable agricultural conditions, substantial government infrastructure investment…
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The US economy's first-quarter GDP growth for 2026 has been revised upward to 2.1%, indicating stronger economic performance than previously estimated. This revision is attributed to a decrease in imports, which positiv…
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The Indian government is set to introduce a ₹12,000 crore incentive scheme aimed at promoting the adoption of electric buses by private fleet operators. This initiative is crucial as it seeks to deploy 50,000 electric b…
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Fidelity Investments has acquired a 2% stake in Lodha Developers for Rs 1,864 crore, reflecting confidence in the real estate sector amid rising profits. This acquisition, involving nearly 2 crore shares from Hightown C…
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India is considering increasing rice-based ethanol production to achieve its E20 fuel blending target by 2026-27 due to the adverse effects of El Nino on sugarcane and maize crops. This situation could lead to reduced a…
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Vedanta Resources' subsidiary has successfully raised $1.75 billion through a dollar bond issuance aimed at refinancing over $2 billion in high-yielding debt. This strategic move is significant as it allows the company…
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Goldman Sachs has revised India's FY27 growth forecast to 6.5%, driven by lower oil prices and reduced supply chain issues. This adjustment is significant as it reflects optimism in the Indian economy amidst global unce…
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India and Switzerland have strengthened their innovation partnership, focusing on enhancing science and technology collaboration, particularly in startups and research. This partnership aims to leverage India's vast mar…
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JPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents, marking a crucial step in the succession planning for CEO Jamie Dimon. Rohrbaugh will oversee consumer and community banking, while Petno will…
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Sustainable fashion brand Reformation has filed for a U.S. IPO, reporting a revenue increase to $507.1 million for the year ending December 27, 2025, despite a decline in net profit. This move is significant as it refle…
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Silver Consumer Electricals has raised Rs 150 crore through a pre-IPO secondary share sale, selling a 2.59% stake to investor Riyaz Suterwala. This move is significant as it prepares the Rajkot-based company for its ini…
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US weekly jobless claims dropped more than expected, indicating a robust labor market. This decline is significant as it reflects ongoing economic strength, but the rise in continuing claims suggests that employers rema…
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