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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 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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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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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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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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In May 2023, the Reserve Bank of India's net short forward position in the currency market reached a record $106.6 billion, reflecting extensive interventions to protect the rupee amid global uncertainties. This surge i…
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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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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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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 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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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 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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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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The Indian Ocean Dipole (IOD) is gaining attention due to the forecast of a 'Super El Niño' this year, which could lead to significant climatic changes. The IOD is a climate phenomenon that affects weather patterns acro…
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The Uttar Pradesh Defence Industrial Corridor (UPDIC) has successfully attracted an investment of ₹39,571 crore, with 65 companies actively engaged and nine manufacturing units already operational. This initiative not o…
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In June, India's Goods and Services Tax (GST) revenue rose by 13.9% to ₹1.95 lakh crore, primarily fueled by a remarkable 34.6% increase in import tax collections. While domestic GST saw a modest rise of 6.5%, the surge…
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Samsung and SK Hynix, two leading South Korean semiconductor companies, are making significant investments in memory chip production, driven by the rising demand for AI technologies. This expansion is supported by the S…
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The U.S. has removed four Indian companies from its Russia-related sanctions list maintained by the Office of Foreign Assets Control (OFAC). This decision is significant as it indicates a potential easing of tensions an…
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The BlackRock Investment Institute has revised its investment strategy, expressing increased caution towards emerging market equities and hard-currency debt. This shift is attributed to changing global growth expectatio…
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In June 2023, Spain recorded over 1,000 heat-related deaths, marking a significant public health crisis linked to extreme weather. This figure is more than double the 407 deaths reported in June 2025, which was previous…
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