Current Affairs

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India Targets 100 GW Pumped Storage Capacity

India is targeting 100 gigawatts of pumped storage hydropower capacity by the financial year 2035-36. The Central Electricity Authority under the Ministry of Power has prepared a national...

June 25, 2026

RBI Retains ₹1 Lakh Crore Threshold for NBFC Upper Layer

The Reserve Bank of India retained the ₹1 lakh crore asset-size threshold for classifying Non-Banking Financial Companies into the Upper Layer, or NBFC-UL, under its scale-based regulation framework....

June 25, 2026

RBI Governor Calls Rate Hike Talk Premature

Reserve Bank of India Governor Sanjay Malhotra said on 24 June 2026 that discussion on interest rate hikes was premature. The statement came after the Reserve Bank of...

June 24, 2026

NAFED, NCCF to Procure Pulses and Oilseeds Directly

On 23 June 2026, the Union Cooperation Minister directed the National Agricultural Cooperative Marketing Federation (NAFED) and the National Cooperative Consumers’ Federation (NCCF) to procure pulses and oilseeds...

June 24, 2026

India’s First Private Gold Mine Begins Commercial Operations

The Jonnagiri Gold Mine in Tuggali mandal of Kurnool district, Andhra Pradesh, began commercial operations on 24 June 2026. It is operated by Geomysore Services India Pvt Ltd...

June 24, 2026

NHAI and NCAER Launch Transport Economics Centre

The National Highways Authority of India (NHAI) and the National Council of Applied Economic Research (NCAER) signed a Memorandum of Understanding on 23 June 2026 to establish the...

June 23, 2026

Lakadong Turmeric Gains Global Recognition

Lakadong Turmeric is a turmeric variety from the Jaintia Hills in Meghalaya and received Geographical Indication status in 2024. It is known for curcumin content of about 7%...

June 23, 2026

RBI Urges Digital Public Infrastructure for MSME Loans

The Reserve Bank of India (RBI) has urged banks and non-banking financial companies to use India’s digital public infrastructure for expanding credit access to Micro, Small, and Medium...

June 23, 2026

SEBI Approves GARUDA Green-Channel Framework for AIFs

The Securities and Exchange Board of India (SEBI) approved the GARUDA framework for Alternative Investment Funds (AIFs) on 19 June 2026 through amendments to the SEBI (Alternative Investment...

June 23, 2026

World Bank Approves $1.5 Billion for India Jobs

The World Bank’s Board of Executive Directors approved $1.5 billion in financing for India on 18 June 2026. The financing is linked to the Boosting Job Creation in...

June 22, 2026

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