STT Increased on Futures & Options Trading General Studies Paper II: Government Policies & Interventions, Market and Securities Why in News? Recently, the Indian government raised the Securities Transaction Tax (STT) on futures and options trading in the Union Budget 2026, significantly increasing the cost of derivatives transactions to curb speculative activity and manage systemic risk […]
STT Increased on Futures & Options Trading Read More »
Union Budget 2026–27 Key Priorities and Major Announcements General Studies Paper II: Parliament, Government Policies & Interventions Why in News? Recently, the Union Budget 2026–27 was presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on 1 February 2026, outlining the Government of India’s fiscal policy and priorities for the upcoming financial year. What
Union Budget 2026–27 Key Priorities and Major Announcements Read More »
UAE Non‑Oil Foreign Trade Crosses $1 Trillion General Studies Paper II: Effect of Policies & Politics of Countries on India’s Interests, Bilateral Groupings & Agreements Why in News? The United Arab Emirates has achieved a historic milestone as its non‑oil foreign trade surpassed $1 trillion (about AED 3.8 trillion) in 2025, marking a 27% growth year‑on‑year. Historic Milestone: UAE’s
UAE Non‑Oil Foreign Trade Crosses $1 Trillion Read More »
Sunetra Pawar to Become Maharashtra First Woman Deputy Chief Minister General Studies Paper II: Indian Constitution, Women Participation Why in News? Sunetra Pawar is set to be sworn in as Maharashtra’s first woman Deputy Chief Minister on January 31, 2026, succeeding her late husband Ajit Pawar after his tragic plane crash. As a Rajya Sabha
Sunetra Pawar to Become Maharashtra First Woman Deputy Chief Minister Read More »
Economic Survey Calls for Voice-First AI System in Indian Languages to Boost Digital Inclusion General Studies Paper II: Artificial Intelligence, Scientific Innovations & Discoveries Why in News? The latest Economic Survey 2025–26 highlights the need for a voice-first AI system in Indian languages to enhance digital inclusion, especially for non-English speakers, urging development of accessible,
Trump Names Kevin Warsh as New Federal Reserve Chief General Studies Paper II: Monetary Policy Why in News? President Donald Trump has formally nominated Kevin Warsh as the next Federal Reserve Chair, set to replace Jerome Powell when his term ends in May. His appointment reflects Trump’s push for lower interest rates and central bank
Trump Names Kevin Warsh as New Federal Reserve Chief Read More »
Rupee Hits Record Low at 91.98 Against US Dollar General Studies Paper II: Fiscal Policy, Monetary Policy, Capital Market Why in News? Recently, the Indian rupee plunged to a record low of ₹91.98 against the U.S. dollar, marking its worst monthly drop in over three years as persistent foreign fund outflows and strong corporate demand
Rupee Hits Record Low at 91.98 Against US Dollar Read More »
Economic Survey 2026 Flags Hidden Food Risks Threatening Children General Studies Paper II: Health, Government Policies and Interventions Why in News? The Economic Survey 2026 warns that hidden food risks from rising consumption of ultra-processed foods and shifting diets are threatening children’s health in India, with obesity in kids increasing and projected to rise by
Economic Survey 2026 Flags Hidden Food Risks Threatening Children Read More »
Economic Survey Praises Odisha Skill Development Model General Studies Paper II: Government Policies & Interventions, Skill Development Why in News? The Economic Survey 2025–26 has lauded Odisha’s skill development model, highlighting the state’s strategic “Fix, Accelerate, Scale” approach under the Odisha Skill Development Authority for strengthening ITIs and expanding market-responsive training, positioning Odisha as a
Economic Survey Praises Odisha Skill Development Model Read More »
SC Slams UGC Caste-Based Provisions The Supreme Court of India has put a temporary stay on the new University Grants Commission (UGC) regulations that were notified on January 13, 2026. The court observed that several provisions of the new rules were unclear, poorly drafted, and open to misuse. Until further orders, the 2012 UGC regulations
SC Slams UGC Caste-Based Provisions Read More »
