06Jul 2026

Beyond the Pump: The Science, Economics, and Geography of India’s Petrol Classification

Beyond the Pump: The Science, Economics, and Geography of India’s Petrol Classification In the Civil Services Examination (GS Paper III – Economic Development, Infrastructure, and Science & Technology), the energy sector and downstream petroleum industry are critical themes. Understanding how petrol is classified in India requires looking beyond commercial branding to grasp the underlying chemical …

02Jul 2026

GST Revenues Jump 14% in June on Imports

GST REVENUES UP 14% IN JUNE AMID RISING IMPORT-LED COLLECTIONS Why in the News? Revenue Growth: GST collections increased by 13.9% to ₹1.95 lakh crore in June 2026, marking the highest year-on-year growth in the last 13 months. Import Surge: The increase was largely driven by GST on imports, which grew by nearly 35%, significantly …

01Jul 2026

Ethanol Blended Petrol Programme Explained

ETHANOL BLENDED PETROL (EBP) PROGRAMME Why in the News? Government Clarification: The Union Law Ministry clarified that the Attorney General never described the E20 Ethanol Blended Petrol Programme as an “ongoing experiment” before the Supreme Court. Supreme Court Case: The clarification came during litigation concerning ethanol allocation to Dedicated Ethanol Plants and Oil Marketing Companies …

11Jun 2026

Workers’ Remittances Cross $100 Billion in FY26

WORKERS’ REMITTANCES CROSS $100 BILLION IN FY26 Why in the News? Record Milestone: Workers’ remittances to India crossed $100 billion for the first time, reaching $110.47 billion in FY26. BoP Support: Strong remittance inflows helped India record a Balance of Payments (BoP) surplus of $7.22 billion in Q4 FY26 despite weak FDI and FPI inflows. …

11Jun 2026

El Niño Could Rewrite India’s FMCG Rules

EL NIÑO COULD REWRITE THE RULES OF INDIA’S FMCG SECTOR Syllabus: GS 3: Effects of Climate Change Food processing Why in the News? Concerns over a potential El Niño event and its impact on the Indian monsoon have drawn attention to vulnerabilities within India’s FMCG sector. Weak rainfall can affect agricultural production, increase input …

09Jun 2026

Current Account Surplus in Q4 FY26: Key Update

CURRENT ACCOUNT SURPLUS IN Q4 FY26 Why in the News? RBI Data: India recorded a Current Account Surplus (CAS) of 0.7% of GDP in the March quarter (Q4 FY26), lower than 1.4% in the corresponding quarter of the previous year. Annual Position: For FY26, the Current Account Deficit (CAD) stood at $25.2 billion (0.6% of …

06Jun 2026

Kerala Faces Fiscal Stress Despite Welfare Wins

Kerala Faces Fiscal Stress Despite Social Achievements Why in the News ? A recent economic report released by Kerala’s new government highlights the State’s worsening fiscal condition. Despite its strong human development achievements, Kerala faces rising debt, increasing committed expenditure, and low capital investment, raising concerns about long-term economic sustainability and food security. Kerala’s Fiscal …

06Jun 2026

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RBI Holds Rates Amid Growth and Inflation Risks

RBI Holds Rates Amid Growth And Inflation Risks Why in the News ? The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25% while lowering India’s GDP growth forecast for FY 2026-27 and raising inflation projections due to global uncertainties, supply disruptions affecting agri-food exports, …

06Jun 2026

India Records Strong GDP Growth Amid Challenges

India Records Strong GDP Growth Amid Challenges Why in the News ? The Government of India has estimated GDP growth at 7.7% for FY 2025-26, slightly higher than earlier projections. The data highlights strong performance in manufacturing, services, consumption, and investment, despite emerging global economic uncertainties and challenges in global markets. India’s Economic Growth Performance …

03Jun 2026

India Shifts Towards Producer Price Index Framework

India Shifts Towards Producer Price Index Framework Why in the News ? The Government of India has decided to gradually replace the Wholesale Price Index (WPI) with a Producer Price Index (PPI) system. The move aims to modernize India’s inflation measurement framework, improve price tracking, and align with international statistical standards, similar to how environmental …

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UPSC Prelims 2026 Live Paper Discussion & Detailed Answer Key Analysis