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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: 2 July 2026.
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The World Bank has upgraded Sri Lanka to an upper-middle-income economy, a notable shift from its prior classification as a lower-middle-income nation. This change is significant as it reflects improvements in Sri Lanka…
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India is set to replace 35 lakh petrol vehicles with electric vehicles (EVs) by 2030, according to a report by SBI. This transition is expected to reduce crude oil import costs by Rs 1 lakh crore if EVs capture 20% of t…
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Citi has emerged as the leading investment banker in India, securing a 9.8% share of the country's investment banking fees, which totaled $614.1 million in the first half of the year. This represents a 20% decline year-…
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On June 5, a tragic fire at M&M Logistics Solutions, an Amazon delivery partner in Uttarakhand, resulted in the death of two individuals. The incident has raised serious concerns as the facility reportedly lacked essent…
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Ujjivan Small Finance Bank has announced an attractive interest rate of 7.5% on 3–5-year FCNR(B) deposits, following the Reserve Bank of India's relaxation of norms aimed at increasing foreign currency inflows. Meanwhil…
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The Madras High Court, led by Justice G.K. Ilanthiraiyan, recently dismissed a criminal revision petition filed by former Minister Ponmudy, challenging a complaint regarding a derogatory speech made in 2025. This decisi…
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The Cyberabad Municipal Corporation (CMC) has released hygiene scores for 39 food establishments in Cyberabad, assessing factors such as food handling practices and compliance with FSSAI norms. This initiative highlight…
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The bars attached to Tasmac outlets across Tamil Nadu have shut down due to the expiry of their licenses. This closure is significant as it could result in a financial loss of ₹400 crore per month for the state. The Tas…
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The Andhra Pradesh government, led by Water Resources Minister Nimmala Ramanaidu, is planning to develop a tourism corridor from the Polavaram project to Bhadrachalam, incorporating water sports, resorts, and a museum.…
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General Dhiraj Seth has been appointed as the new Army Chief of India and has unveiled the 'VIJAY' roadmap aimed at transforming the Indian Army into a future-ready force. This vision prioritizes the integration of adva…
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The Communist Party of India (CPI) has announced a nationwide campaign from August 6 to 15 to address perceived threats to the Constitution and democracy. Led by D. Raja, the campaign will include marches, rallies, and…
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At an international monetary policy forum, Federal Reserve Chair Kevin Warsh emphasized the importance of maintaining a 2% inflation target but did not provide forward guidance on interest rates. This lack of clarity ha…
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The Securities and Exchange Board of India (Sebi) has banned 221 entities, including ringleader Hanif Shekh, from the securities market for up to seven years due to a large-scale pump-and-dump operation. This operation,…
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The Securities and Exchange Board of India (SEBI) has uncovered a Rs 144 crore pump-and-dump scheme through an extensive investigation involving digital footprints such as airline bookings, hotel stays, and WhatsApp cha…
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Kevin Warsh, the Chairman of the US Federal Reserve, reaffirmed his commitment to the 2% inflation target amidst pressure for rate cuts from President Trump. Warsh's stance indicates a firm approach to monetary policy,…
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India's bond market has undergone a significant transformation over the past decade, evolving from an opaque and institutional-centric system to a more transparent and accessible framework. This change is attributed to…
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The Delhi High Court addressed the issue of personality rights in the context of a defamation case involving Raghav Chadha. The court highlighted the importance of distinguishing between defamation and legitimate critic…
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The Securities and Exchange Board of India (Sebi) is initiating reforms to standardize consent rules for Alternative Investment Funds (AIFs). This includes implementing a uniform approval threshold of 75% for significan…
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Kotak Mahindra Bank has announced a significant acquisition of Deutsche Bank India's retail banking, private banking, and wealth management business for Rs 282 crore. This move is aimed at enhancing Kotak's affluent ban…
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The India Meteorological Department (IMD) has forecasted below-normal rainfall and higher temperatures for July 2026, raising alarms for agriculture and water resources. This weak monsoon is expected to impact public li…
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In June 2026, India's Goods and Services Tax (GST) collections rose by 13.9% to reach Rs 1.95 lakh crore, marking a significant year-on-year increase. This surge was driven by a remarkable 34.6% increase in import reven…
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Public policy expert Narasimha Reddy Donthi has raised concerns regarding the absence of regulations for pesticide-coated seeds in India, emphasizing the need for formal safety checks and regular testing of effluents. T…
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The US Supreme Court has reinforced the independence of the Federal Reserve by ruling against the presidential removal of its governors without substantial legal justification. This decision emerged from a case involvin…
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Recent discussions highlight the critical gap between innovative agricultural research and its implementation in food systems worldwide. The focus is on scaling up scientific advancements in agriculture and nutrition to…
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