Today's UPSC Current Affairs (2026-05-05) — 10 Handpicked Stories

Illustration about Environment & Ecology: Wildlife officials have spotted two rare caracals in the Thar Desert's Shahgarh region near the India-Pakistan border, b

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EnvGeoGS 1 · GS 3Prelims + Mains

Rare caracals spotted in Thar Desert near India-Pakistan border

Wildlife officials have spotted two rare caracals in the Thar Desert's Shahgarh region near the India-Pakistan border, bringing the total recorded number in the area to three. This sighting provides hope for the conservation of this critically endangered and highly elusive wildcat, whose population has drastically declined due to habitat loss and fragmentation.

Wild Life (Protection) Act, 1972 Thar Desert National Board for Wildlife

Read on The Hindu Dive Into Study Notes

Illustration about Social Issues: The [Economic Advisory Council to the Prime Minister] ([EAC-PM]) has released a working paper titled 'Re-imagining the C

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SocialEconomyGS 1 · GS 2 · GS 3Prelims + Mains

PM's economic advisory panel flags demand surge for caregivers, seeks policy overhaul for sector

The [Economic Advisory Council to the Prime Minister] ([EAC-PM]) has released a working paper titled 'Re-imagining the Care Economy: From Private Burden to Social and Economic Infrastructure'. The paper calls for an overhaul of the care sector, noting that demand for caregivers will exceed 30 million by 2050 due to an aging population and declining fertility.

Economic Advisory Council to the Prime Minister EAC-PM Corporate Social Responsibility+2 more

Read on Economic Times Dive Into Study Notes

Illustration about Industry & Manufacturing: The [Department for Promotion of Industry and Internal Trade (DPIIT)] has issued a revised Standard Operating Procedure

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OtherOtherGS 2 · GS 3Prelims + Mains

DPIIT issues updated SOP for processing FDI applications

The [Department for Promotion of Industry and Internal Trade (DPIIT)] has issued a revised Standard Operating Procedure (SOP) to process [Foreign Direct Investment (FDI)] applications. The updated SOP mandates a 12-week clearance timeline for proposals, digitizes the filing process via the [National Single Window System (NSWS)], and introduces specific, expedited guidelines for investments originating from countries sharing a land border with India, aiming to balance economic growth with national security.

Department for Promotion of Industry and Internal Trade (DPIIT)Foreign Direct Investment (FDI)National Single Window System (NSWS)+2 more

Read on Economic Times Dive Into Study Notes

Illustration about Polity & Governance: The [Supreme Court] is currently hearing review petitions regarding its 2018 judgment that allowed the entry of women of

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PolitySocialGS 1 · GS 2Prelims + Mains

Sabarimala women entry case: Were you the ‘Chief Minister’; what was your ‘business’, Supreme Court asks lawyers’ body

The [Supreme Court] is currently hearing review petitions regarding its 2018 judgment that allowed the entry of women of all ages into the Sabarimala temple. During the hearing, a nine-judge Bench questioned the [locus standi] (the right to bring an action or be heard in court) of the NGO, Indian Young Lawyers Association, which filed the original PIL challenging the temple's restrictive practices.

Supreme Court locus standi Constitution of India+2 more

Read on The Hindu Dive Into Study Notes

Illustration about International Relations: The [Global Trade Research Initiative] (GTRI) asserts that the [Indo-Pacific Economic Framework for Prosperity] (IPEF),

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IREconomyGS 2 · GS 3Prelims + Mains

Indo-Pacific trade pact losing relevance under Trump’s aggressive strategy: GTRI

The [Global Trade Research Initiative] (GTRI) asserts that the [Indo-Pacific Economic Framework for Prosperity] (IPEF), a 14-member economic initiative, may lose its relevance under a potential future US administration led by Donald Trump due to his preference for aggressive, bilateral trade strategies over cooperative, non-binding plurilateral agreements. While India has joined three of IPEF's four pillars, structural dependencies on China for critical manufacturing components continue to challenge the grouping's supply chain resilience goals.

Global Trade Research Initiative Indo-Pacific Economic Framework for Prosperity IPEF+2 more

Read on Economic Times Dive Into Study Notes

Illustration about Polity & Governance: Recent state election results in Tamil Nadu and West Bengal highlight the growing use of cash handouts as a campaign too

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PolityEconomyGS 2 · GS 3Prelims + Mains

India’s state election results are out. Is cash inflow next? Here’s a warning

Recent state election results in Tamil Nadu and West Bengal highlight the growing use of cash handouts as a campaign tool, raising concerns about the fiscal health of states. Economists warn that fulfilling these populist promises could significantly push state fiscal deficits beyond the mandated 3% limit, straining resources for essential capital expenditure and infrastructure development.

Reserve Bank of India Election Commission of India Fiscal Responsibility and Budget Management Act, 2003+2 more

Read on Economic Times Dive Into Study Notes

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