Daily UPSC Current Affairs

The Reserve Bank of India released its Annual Report for 2025-26 on 29 May 2026, projecting India's real GDP growth at 6.9% for FY27 while flagging the West Asia conflict, elevated crude prices and supply disruptions as near-term headwinds to growth and inflation. The report also announced a record ₹2.86 lakh crore surplus transfer to the Centre, a 20.6% jump in the RBI balance sheet, a sharp rise in bank fraud amounts to ₹48,021 crore, and proposed new digital-payment safeguards including a "kill switch." This article explains the RBI Annual Report's statutory basis, the Economic Capital Framework and surplus transfer mechanism, monetary policy and inflation targeting, forex reserve management, bank-fraud classification, and digital-payment security — everything an aspirant needs for Prelims and Mains.

The India Meteorological Department (IMD), in its second-stage long-range forecast on 29 May 2026, lowered its 2026 Southwest Monsoon estimate to 90% of the Long Period Average (LPA), pushing the season into the "below normal" category amid a developing El Niño. This article explains the monsoon mechanism, the meaning of LPA and IMD's rainfall categories, how El Niño (ENSO) and the Indian Ocean Dipole (IOD) shape Indian rainfall, the impact on agriculture and inflation, and why ample reservoirs and foodgrain buffers offer a silver lining.

The World Health Organization (WHO) has declared the Bundibugyo strain Ebola outbreak in the Democratic Republic of the Congo (DRC) and Uganda a Public Health Emergency of International Concern (PHEIC), with WHO chief Dr Tedros Adhanom Ghebreyesus visiting the epicentre as cases crossed 900 and deaths mounted. Because no vaccine or treatment is approved for the Bundibugyo strain, the Serum Institute of India (SII), with Oxford University and CEPI, is fast-tracking a ChAdOx1 vaccine. This article explains the Ebola virus and its strains, the PHEIC mechanism under the International Health Regulations (2005), the vaccine race, India's role in global vaccine security, and the One Health link — all from a UPSC Prelims and Mains perspective.

Ahead of the RBI Monetary Policy Committee meeting (June 3–5, 2026) and amid a crude-oil spike triggered by the West Asia conflict, economists have flagged a key gap: policymakers target the inflation rate, but households experience affordability — whether incomes outpace the cumulative rise in prices. This article explains the difference between inflation and affordability, India's Flexible Inflation Targeting framework, CPI measurement, real vs nominal wages, PLFS worker data, and how RBI's tools work.

India hosted the 11th Quad Foreign Ministers' Meeting at Hyderabad House, New Delhi, on 26 May 2026, chaired by External Affairs Minister S. Jaishankar with the foreign ministers of the United States, Australia and Japan. The meeting produced concrete deliverables — a maritime surveillance initiative, a critical minerals framework, an energy security initiative and the Quad's first joint infrastructure project (a port in Fiji). This article explains what the Quad is, the Indo-Pacific concept, the grouping's full history and evolution, the 2026 outcomes, each member's strategic objectives, China's opposition, related architectures like AUKUS, Malabar and IPEF, and the way ahead.

The Supreme Court of India, on 29 May 2026, invoked its extraordinary powers under Article 142 to issue binding, nationwide guidelines directing all High Courts to pronounce reserved judgments within three months, decide bail matters the same or next day, and upload verdicts within 24 hours. Linking judicial delay to a violation of the right to personal liberty under Article 21, the Court created an enforceable accountability framework. This article explains reserved judgments, the Article 142 power, the right to a speedy trial, landmark precedents like Anil Rai and Hussainara Khatoon, and the pendency crisis — everything a UPSC aspirant needs in one place.

India's chemical industry bodies and key ministries — including Textiles and Commerce — have urged a suspension of ongoing anti-dumping investigations on petrochemical intermediates amid surging input prices caused by the West Asia war and Strait of Hormuz disruptions. With the government already exempting customs duty on 40 critical petrochemicals till June 30, 2026, and DPIIT pushing indigenisation of 200+ import-dependent items, this article explains the anti-dumping framework under the Customs Tariff Act 1975, DGTR's role, WTO rules, the MSME vs large-manufacturer divide, and India's $31 billion chemical trade deficit.

Western and Central Europe are in the grip of an extraordinary May heatwave, with the UK and France recording their highest-ever May temperatures and parts of Spain crossing 38°C — temperatures 10 to 15°C above seasonal norms. Driven by a "heat dome" trapping warm air, the event coincides with the rapid emergence of an El Niño phase in the equatorial Pacific, which the India Meteorological Department (IMD) has flagged as a key reason for cutting its 2026 Southwest Monsoon forecast to 90% of the Long Period Average — a "below normal" category. This article explains the science of heat domes, ENSO, Walker Circulation, the Indian Ocean Dipole, climate whiplash, IMD's heatwave criteria, and what a strong El Niño could mean for India's agriculture, inflation, and food security.

On 23 May 2026, Punjab sprinter Gurindervir Singh rewrote Indian athletics history by clocking 10.09 seconds in the men's 100m final at the 29th National Senior Athletics Federation Competition (Federation Cup) 2026 held at the Birsa Munda Athletics Stadium, Ranchi. He became the first Indian male sprinter to breach the 10.10-second barrier, qualifying for the Commonwealth Games 2026 in Glasgow. This article explains the science of the 100m sprint, the four-phase race strategy used by Gurindervir, the historical evolution of Indian sprinting, and the role of government schemes like Khelo India and TOPS in nurturing elite athletes.

US President Donald Trump's late-May 2026 demand that Saudi Arabia, Qatar, Pakistan, Turkey, Egypt, Jordan, and the UAE "mandatorily" sign onto the Abraham Accords as a precondition for ending the ongoing 2026 Iran War has left West Asian capitals confused and resistant. The proposal, made via a Truth Social post on May 25, 2026 after a conference call with regional leaders, has revived debate over Arab-Israeli normalisation, the Palestinian question, and the future of US diplomacy in the region. This article explains the Abraham Accords, their origin and signatories, the unfolding 2026 Iran War context, Saudi-Pakistani objections, and India's deep strategic stakes through IMEC, I2U2, energy security, and the 9-million-strong Gulf diaspora.

On 28 May 2026, the Supreme Court of India upheld the constitutional validity of the retrospective levy of 28% Goods and Services Tax (GST) on online money gaming, fantasy sports and casinos, reviving tax demands worth nearly ₹2.5 lakh crore against companies like Dream11, Gameskraft and Delta Corp. The Bench of Justices J.B. Pardiwala and R. Mahadevan held that any game involving staking of money on uncertain outcomes amounts to "betting and gambling" for GST purposes, irrespective of whether skill or chance dominates. This article explains the verdict, the constitutional and statutory framework under Articles 246A and 366, the meaning of "actionable claims," the Promotion and Regulation of Online Gaming (PROG) Act 2025, the long-standing skill versus chance jurisprudence, and the wider economic and federal implications for India's gaming sector.

India and China held the 35th meeting of the Working Mechanism for Consultation and Coordination on India-China Border Affairs (WMCC) in Beijing on 27 May 2026, with both sides describing the talks as "constructive and forward-looking." The two nations discussed delimitation of the Line of Actual Control (LAC), border management, mechanism building and cross-border cooperation, while reaffirming that peace and tranquillity in border areas remain the foundation for gradual normalisation of bilateral relations. This article explains the WMCC framework, the Special Representatives mechanism, the chronology of disengagement after the 2020 Galwan clashes, the historical roots of the boundary dispute, key bilateral agreements (1993, 1996, 2005, 2013), the trans-border rivers issue, and the strategic significance of the upcoming Doval–Wang Yi talks for UPSC aspirants.