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UPSC Prelims Current Affairs

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Current Affairs

Page-5 of Economy, Finance and Business

Liquefied Petroleum Gas Price Revision

State-owned oil marketing companies executed a sharp upward revision in the prices of commercial and free-trade liquefied petroleum gas cylinders effective from 1 May 2026. While the cost...

 May 1, 2026

Windfall Tax on Petroleum Exports

The Government of India revised the windfall gains tax, structured as the Special Additional Excise Duty, on petroleum product exports effective from 16 May 2026. Under the updated...

 May 1, 2026

Anthropic Eyes Funding at $900 Billion Valuation

Anthropic, an artificial intelligence company led by CEO Dario Amodei, is exploring a new funding round that could value it at more than $900 billion in April 2026....

 April 30, 2026

RBI Eases Relief Norms for Disaster-Affected Borrowers

The Reserve Bank of India (RBI) issued final guidelines on 29 April 2026 for the restructuring of loans of borrowers affected by natural calamities. The framework applies prospectively...

 April 30, 2026

China Expands Zero-Tariff Access for Africa

China will extend zero-tariff treatment to all 53 African countries that maintain diplomatic ties with Beijing from 1 May 2026. The policy covers 20 African countries that are...

 April 30, 2026

Google AI Data Centre Planned in Visakhapatnam

Andhra Pradesh will host the Google Cloud India AI Hub in Visakhapatnam, with foundation stone laying on 28 April 2026. The project involves an investment of about $15...

 April 29, 2026

India Proposes Rules for E85 and E100 Fuels

India has proposed amendments to the Central Motor Vehicles Rules to allow higher ethanol-blended fuels, including E85 and E100. The draft notification was issued by the Ministry of...

 April 29, 2026

Australia’s News Bargaining Incentive

Australia’s News Bargaining Incentive (NBI) is a proposed levy-based framework announced on 28 April 2026 to require large digital platforms to pay for news content used in Australia....

 April 29, 2026

New Zealand Working Holiday Visas for Indians

New Zealand and India signed a Free Trade Agreement in New Delhi on 27 April 2026. The agreement includes a Working Holiday Scheme for 1,000 Indians aged 18...

 April 29, 2026

UAE Exits OPEC and OPEC+

The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance, with the decision set to...

 April 29, 2026

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