UPSC CURRENT AFFAIRS

The Reserve Bank of India’s six-member Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, on 7 October 2026 unanimously raised the policy repo rate by 25 basis points (bps), from 5.25% to 5.50%. 

The National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) has conducted India’s first-ever All-India Survey on Household Travel.

NABKISAN Finance Limited, a subsidiary of the National Bank for Agriculture and Rural Development (NABARD), listed India’s first Social Bond dedicated exclusively to the Water, Sanitation and Hygiene (WASH) sector on the National Stock Exchange (NSE), Mumbai, on 2 October 2026. 

The Union Cabinet has approved the Prime Minister Developing Harmony and Accelerating Renewable Energy Access (PM DHARA) Scheme with a total outlay of ₹1,86,405 crore.

The Make in India initiative completed 12 years on September 25, 2026. Launched in 2014, the initiative aimed to make India a global hub for manufacturing, design and innovation.

The Oil and Natural Gas Corporation (ONGC) discovered natural gas on September 18, 2026, in the MN-DW18-1-H-D exploratory well in the Mahanadi Offshore Basin, approximately 43 km off the Konark coast in Odisha.

India is on track to add 7.5–8 GW of wind energy capacity in the financial year 2026–27, according to a senior official of the Ministry of New and Renewable Energy (MNRE).

India’s first maritime lender, Sagarmala Finance Corporation Limited (SMFCL), is planning to raise funds through India’s first blue bond on September 28, 2026.

Indian Oil Corporation’s board has approved an investment of ₹2,448.70 crore for the Kochi–Kanyakumari–Thoothukudi Natural Gas Pipeline (KTPL). The investment was announced on 21 September 2026. The proposed project will strengthen natural gas transmission infrastructure in Kerala and southern Tamil Nadu.

Assam Chief Minister Himanta Biswa Sarma laid the foundation stone for Adani Power Limited’s 3,200 MW Ultra-Supercritical Thermal Power Plant at Chapar in Dhubri district.