01 July 2026 Current Affairs

3 articles · Curated for UPSC, SSC, Bank & Railway

← 30 Jun01 July 202602 Jul →

Economy & Finance

⏱ 2m

RBI Opens Bank Lending for M&A Under New Acquisition Finance Framework

RBI's new acquisition finance framework effective July 1 integrates M&A funding into regulated banking sector, replacing non-bank dominance.

UPSC MainsUPSC PrelimsBank PO

#RBI#Banking regulation#M&A financing#Financial stability#Corporate finance

Economy & Finance

⏱ 2m

Centre Adjusts Windfall Tax: Hikes Petrol, Cuts Diesel & ATF Levies from July 1

Government revises windfall tax structure effective July 1: increases petrol export duty, cuts diesel/ATF levies, maintains domestic excise unchanged.

UPSC MainsUPSC PrelimsEconomics optional

#Windfall tax#Petroleum policy#Fiscal policy#Energy security#Inflation management

Economy & Finance

⏱ 2m

Kerala's Fiscal Crisis: ₹5.07 Lakh Crore Liabilities; Salary-Pension Burden Consumes 77.6% Revenue

Kerala White Paper reveals ₹5.07 lakh crore liabilities; 77.6% revenue consumed by salaries, pensions, interest; fiscal sustainability threatened.

UPSCState PSCBank

#State Finances#Fiscal Crisis#Public Sector Reform#Pension Liabilities#Infrastructure