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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 Aam Aadmi Party (AAP) has fulfilled its election promise by initiating direct financial aid to women in Punjab, named Satkar Raashi. This initiative, announced by Chief Minister Bhagwant Singh Mann, aims to empower…
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The Indian government has expedited its disinvestment and asset monetisation efforts, achieving 31% of its annual revenue target in the first quarter of FY27. This initiative is crucial to enhance revenues in light of i…
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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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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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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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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 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) 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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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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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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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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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 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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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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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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