Daily Briefing Current Affairs

GS-3MONETARY POLICY AND LIQUIDITY MANAGEMENT

The RBI Built This Liquidity Flood Itself - Now It Has to Drain It

The RBI's liquidity surplus crossed Rs 10 lakh crore on September 3, 2026, with the daily average surplus in August more than tripling from July's level. Economists have traced the surge directly to the central bank's own forex swap window, where FCNR(B) deposits - accounting for $127.226 billion of the total inflows - were deliberately exempted from CRR and SLR to attract foreign capital and CareEdge Ratings projects core…

Sub TopicFCNR(B) SWAP FACILITY AND RBI'S LIQUIDITY ABSORPTION…SourceINDIAN EXPRESS, FORTUNE INDIA…
UPSC Relevance8/10
Time to Read3 min read
Total Views43,252
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GS-3TECHNOLOGY-ENABLED CROSS-BORDER ESPIONAGE

The Camera Outside the Shop Was Never Watching the Shop

DGP Gaurav Yadav confirmed Punjab Police's fifth such bust in six months, this time near Baddowal Cantonment, where a rented shoe shop served as a front for cameras filming a highway used by military convoys. The case fits a pattern stretching back to a March bust in Ghaziabad that first prompted the Ministry of Home Affairs to order a nationwide CCTV audit - an audit that, five busts later, has not stopped the same off-grid…

Sub TopicOFF-GRID IOT SURVEILLANCE AND INDIA'S CCTV REGULATORY GAPSourcePUNJAB POLICE, INDIAN EXPRESS…
UPSC Relevance9/10
Time to Read3 min read
Total Views41,745
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GS-3SOLAR PHYSICS AND OBSERVATIONAL TECHNOLOGY

A Century-Old Blur on the Sun Turned Out to Be a Missing Mirror, Not a Mystery

For a century, every image of the sun's surface showed the edges of its convection cells as a blur and solar physicists could not tell whether this was a real physical feature or simply a limitation of telescope resolution. The Daniel K. Inouye Solar Telescope, with its 4-metre mirror, settled the question by resolving structures as small as 20 kilometres, revealing that the blur was in fact a dense field of rapidly forming…

Sub TopicCORONAL HEATING PROBLEM AND THE DANIEL K. INOUYE SOLAR…SourceNATIONAL SOLAR OBSERVATORY, THE…
UPSC Relevance8/10
Time to Read3 min read
Total Views31,824
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GS-3SPACE SECTOR REFORM AND PRIVATISATION

ISRO Says It Isn't Shrinking - But Its Own Staff Aren't So Sure

The clarification followed a September 4 letter from ISRO's staff associations to Department of Space Secretary Dr. V. Narayanan, questioning remarks by IN-SPACe chairman Pawan Kumar Goenka that ISRO would eventually stop manufacturing launch vehicles altogether. The episode surfaces an unresolved tension at the heart of India's decade-long space sector reform: how far the state pulls back from production once private…

Sub TopicISRO RESTRUCTURING UNDER THE INDIAN SPACE POLICY 2023SourceTHE HINDU, INDIAN EXPRESS…
UPSC Relevance8/10
Time to Read3 min read
Total Views44,280
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