UPSC Current Affairs — 15 Jul 2026 Daily Briefing

Wednesday, 15 July 2026

When the RBI's Inflation Fight Is Being Decided in West Asia, Not Mumbai

This is the last inflation reading before the MPC's August meeting and it lands amid a genuinely mixed picture - inflation is edging up even as it stays marginally below the RBI's own projection, while global central banks including the ECB have already begun moving on rates ahead of the US Fed's own decision this month, all of which will shape how much room the MPC actually has.

Sub TopicIMPORTED VOLATILITY AND THE LIMITS OF DOMESTIC INFLATION…SourceINDIAN EXPRESS

UPSC Relevance8/10

Time to Read3 min read

Total Views176

Read Analysis

EDITORIALDEFENCE-INDUSTRIAL COOPERATION

$22 Billion Bought, Almost Nothing Built: What India-U.S. Defence Ties Actually Prove

The unresolved F414 engine negotiations between Hindustan Aeronautics Limited and GE Aerospace, alongside a string of similarly stalled efforts on the Javelin missile and Stryker vehicle, have brought fresh scrutiny to why successive "historic" and "transformational" India-U.S. defence initiatives keep falling short of delivering actual technology transfer, just as both governments look to a proposed Reciprocal Defence…

Sub TopicINDIA-U.S. DEFENCE TECHNOLOGY TRANSFER AND THE…SourceTHE HINDU

UPSC Relevance8/10

Time to Read3 min read

Total Views198

Read Analysis

Daily Briefing Current Affairs

When the RBI's Inflation Fight Is Being Decided in West Asia, Not Mumbai

$22 Billion Bought, Almost Nothing Built: What India-U.S. Defence Ties Actually Prove