Must Read
India-US trade deal ‘more or less’ finalised, framework for preferential access being worked out: Commerce Secretary Rajesh Agarwal
The Indian Commerce Secretary has indicated that an India-US trade deal focusing on preferential market access is nearly finalized and will be signed soon. Concurrently, Free Trade Agreements (FTAs) with Chile and New Zealand are advancing.
Read on Economic TimesDive Into Study Notes
Must ReadIndia condemns Houthi attacks on Saudi oil installations
India officially condemned attacks by Iran-backed Houthi militants from Yemen on oil installations and civilian infrastructure in Saudi Arabia. The strikes raise concerns about a wider escalation in the West Asia conflict and threaten maritime security in the critical Bab-el-Mandeb strait.
Read on The HinduDive Into Study Notes
Non-compliance notices issued to 15 Virtual Digital Asset service providers under PMLA
The [Ministry of Finance] has issued non-compliance notices to 15 Virtual Digital Asset (VDA) service providers under the [Prevention of Money Laundering Act, 2002] (PMLA). The [Financial Intelligence Unit - India] (FIU-IND) directed the removal of URLs for these illegally operating entities, demonstrating India's tightening regulatory grip on offshore crypto exchanges that fail to register and comply with domestic Anti-Money Laundering (AML) frameworks.
Must ReadIndia August consumer inflation likely hit 20-month high on food, fuel prices: Reuters poll
A Reuters poll forecasts India's annual retail inflation, measured by the Consumer Price Index (CPI), to rise to a 20-month high of 4.80% in August, driven largely by erratic monsoons disrupting food supplies and rising global fuel prices. Despite the anticipated increase, inflation remains within the [Reserve Bank of India]'s target band of 2-6%, prompting the central bank to hold interest rates steady for now, though future policy tightening remains a possibility if inflationary pressures broaden.
Read on Economic TimesDive Into Study Notes![Illustration about Economy: A report by [CRISIL] has highlighted that a deficient southwest monsoon and a projected weak September rainfall pose sig](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-09-09%2Fdeficient-monsoon-weak-september-rainfall-pose-risks-to-rabi-crops-crisil-ae956c42.png&w=1200&q=75)
Must ReadDeficient monsoon, weak September rainfall pose risks to rabi crops: Crisil
A report by [CRISIL] has highlighted that a deficient southwest monsoon and a projected weak September rainfall pose significant risks to upcoming [Rabi crops] and current [Kharif crops]. The rainfall deficit, currently at 14%, threatens crops like cotton, bajra, maize, tur, groundnut, and soybean, particularly those lacking sufficient irrigation support, shifting the concern from the area sown to the actual crop yield.
Read on Economic TimesDive Into Study Notes
ImportantBritain bans trade with illegal Israeli settlements
The United Kingdom, along with France, Canada, and several other European nations, has announced a ban on trade with illegal Israeli settlements in the West Bank. The move, intended to preserve the viability of a **two-state solution**, includes impending sanctions on construction, infrastructure, and real estate companies involved in the settlements.
Read on The HinduDive Into Study Notes
Must ReadPerilous retreat: On gram sabhas, tribal land issues
The Committee on Public Undertakings has suggested that project approvals on forest land require the consent of only a majority (70%-75%) of affected Gram Sabhas, rather than unanimous consent as intended by the [Forest Rights Act, 2006 (FRA)]. This editorial argues that this dilution, coupled with the [Ministry of Tribal Affairs] refusing jurisdiction over the matter, threatens the political autonomy, land rights, and survival of tribal communities by reducing Gram Sabhas to mere corporate stakeholders and enabling the state to bypass the most severely affected villages.
Read on The HinduDive Into Study Notes
Must ReadIndia-Japan defence cooperation breaks new ground
Japan's Defence Minister Shinjiro Koizumi visited India in August 2026, marking a shift in the India-Japan defence partnership from institutional dialogue to operational capability. The visit focused on moving beyond declarations of strategic convergence to concrete actions like joint military exercises, defence equipment transfers (like the UNICORN system), and enhanced maritime domain awareness in the Indo-Pacific.
Read on The HinduDive Into Study Notes
Must ReadIndia's new supply-chain wonder is set to shift the gears of growth
The operationalization of the Western and Eastern Dedicated Freight Corridors (DFCs) marks a significant leap in India's infrastructure, promising to transform the country's supply chain dynamics. By separating freight from passenger traffic on the railway network, these corridors aim to drastically reduce transit times, lower logistics costs, and boost the competitiveness of Indian exports and domestic manufacturing.
Read on Economic TimesDive Into Study Notes![Illustration about Economy: The [Reserve Bank of India (RBI)]'s special swap facility, launched to attract non-resident Indians to [FCNR(B)] deposit](/_next/image?url=https%3A%2F%2Fstorage.googleapis.com%2Fprepdose-article-images%2Fdaily-read%2F2026-09-09%2Ffcnrb-deposits-who-bears-the-currency-risk-explained-77dbda45.png&w=1200&q=75)
Must ReadFCNR(B) deposits: Who bears the currency risk? | Explained
The [Reserve Bank of India (RBI)]'s special swap facility, launched to attract non-resident Indians to [FCNR(B)] deposits, has successfully mobilised over $127 billion, significantly boosting India's foreign exchange reserves. While the [RBI] absorbs the currency risk on the principal amount, commercial banks remain exposed to currency risk on the dollar-denominated interest payments.
Read on The HinduDive Into Study NotesAll caught up!
You've covered today's handpicked stories for your exam prep.