Eurozone: Single Currency, European Central Bank & Inflation Challenges
Why in news? In May 2026 the eurozone’s annual inflation rate climbed to 3.2 percent, up from 3.0 percent in April, with energy and services prices ...
The day’s current affairs covered in full — the terms, names and facts UPSC actually asks about, in six languages.
Why in news? In May 2026 the eurozone’s annual inflation rate climbed to 3.2 percent, up from 3.0 percent in April, with energy and services prices ...
Why in news? New developments under the AUKUS partnership have kept it in the news. The three partner nations – Australia, the United Kingdom and th...
Why in news? On 26 May 2026 the foreign ministers of Australia, India, Japan and the United States – the grouping known as the Quad – announced pl...
Why in news? India’s Commerce and Industry Minister Piyush Goyal visited Canada from 25 to 27 May 2026, leading the largest-ever Indian business del...
Why in news? The Asian Infrastructure Investment Bank (AIIB) recently announced a US$10 billion facility to help member countries affected by the ongo...
Why in news? On 22 May 2026 India and Ethiopia signed a bilateral protocol in Geneva supporting Ethiopia’s accession to the World Trade Organization...
Why in news? The Government of India and the African Union decided to postpone the fourth India–Africa Forum Summit (IAFS), originally scheduled in ...
Why in news? Cyprus President Nikos Christodoulides paid a state visit to India from 20–23 May 2026. During the visit he met Prime Minister Narendra...
Why in news? During discussions on regional economic cooperation in May 2026, the Asian Productivity Organization (APO) was cited for its role in help...
Why in News? Zimbabwe’s Finance Minister Mthuli Ncube announced that the BRICS New Development Bank (NDB) has formally initiated the process of admi...
Why in news? Prime Minister Narendra Modi travelled to Norway this week to attend the third India–Nordic summit. The summit brings together the lead...
Why in news? The International Criminal Court (ICC) has scheduled a confirmation‑of‑charges hearing for 19–21 May 2026 in the case against Khale...