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Daily Current Affairs

The day's most critical news, decoded with UPSC syllabus POV — we connect daily current affair with your static syllabus and PYQs

Economy

RBI’s digital scam compensation pilot | Explained

The Reserve Bank of India has introduced new rules to protect customers from digital scams, effective January 1, 2027. Customers can claim up to ₹25,000 compensation for losses up to ₹50,000 under specific conditions.

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IR

US has to ensure competitive edge for India to get trade deal: Trade Minister Piyush Goyal

India's Trade Minister Piyush Goyal stated that a bilateral trade deal with the US hinges on ensuring a competitive edge for India over other countries. The agreement was initially negotiated to reduce tariffs from 50% to 18%.

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Economy

RBI issues Master Direction – Reserve Bank of India (Credit Derivatives) Directions, 2026

The Reserve Bank of India issued the final Master Directions for Credit Derivatives, enabling derivatives on credit indices and total return swaps on corporate bonds. This follows feedback on draft directions released earlier in 2026.

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Polity

The Foreign Contribution (Regulation) Amendment Bill, 2026

Start with Why in News: The Foreign Contribution (Regulation) Amendment Bill, 2026 aims to amend the existing Foreign Contribution (Regulation) Act, 2010. This Bill is significant as it seeks to enhance the regulation of foreign contributions to individuals and organizations in India. Summary: - The Bill introduces provisions for the vesting of foreign contributions and assets in a Designated Authority. - It expands the prohibition on accepting foreign contributions to include a broader range of individuals and entities.

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Governance

Union Ministry of Health and Family Welfare Introduces Jan Vishwas Reforms in Clinical Establishments Act to Reduce Compliance Burden and Strengthen Regulatory Efficiency

The Union Ministry of Health and Family Welfare has amended the Clinical Establishments (Registration and Regulation) Act, 2010 to reduce compliance burdens and enhance regulatory efficiency. The reforms include replacing 'fine' with 'penalty' and introducing graded penalties for minor procedural non-compliances.

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Security

IAF gets Final Operational Clearance of indigenous Airborne Early Warning & Control system ‘Netra’

The Indian Air Force received the Final Operational Clearance for the indigenous 'Netra' Airborne Early Warning and Control system. This achievement underscores India's commitment to self-reliance in advanced aerospace and defence technologies.

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Economy

DPIIT Notifies Transition Facilitation (Quality Control) Order, 2026 to Strengthen Supply Chains and Facilitate Industry Compliance

The DPIIT has notified the Transition Facilitation (Quality Control) Order, 2026 to enhance industrial compliance and quality assurance. This Order introduces a risk-based compliance mechanism for manufacturers to strengthen supply chains.

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IR

India Hosts the 11th BRICS Energy Ministers' Meeting in Gurugram under BRICS Chairship 2026

Start with Why in News: India hosted the 11th BRICS Energy Ministers' Meeting in Gurugram, focusing on energy resilience and sustainability. The meeting aimed to enhance cooperation among BRICS nations in addressing global energy challenges. Summary: - The meeting emphasized energy security, access, and innovation. - Key outcomes included the launch of the BRICS Digital Centre of Excellence for Smart Grids. - The Joint Communiqué reaffirmed commitments to diversified energy systems and sustainable practices.

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