UPSC Current Affairs — 02 Oct 2026 Daily Briefing

Friday, 2 October 2026

Factories Are Betting on Diwali. Are Households?

MoSPI released the August 2026 IIP data alongside the Commerce Ministry's core sector figures in late September 2026. Both show strong industrial growth and the two indices now move in step. The data arrives just before the October-December festive quarter, which will test whether rising output is matched by actual household spending.

Sub TopicIIP AUGUST 2026 - DURABLE DEMAND REVIVAL OR FESTIVE…SourceMINISTRY OF STATISTICS AND…

UPSC Relevance9/10

Time to Read3 min read

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EDITORIALDRUG PRICE REGULATION

When the Buyer Does Not Choose: Capping Drug Margins or Trusting the Market

The Supreme Court is hearing public interest litigation on capping trade margins of drugs and medical consumables sold by private hospitals and has suggested a fixed percentage markup across drugs. The scrutiny follows Competition Commission findings that some private hospitals force patients to buy from their own pharmacies and concerns flagged by drug regulators in Karnataka and Maharashtra about the financial strain on…

Sub TopicPTR-MRP GAPS, TRADE MARGIN RATIONALISATION, REGRESSIVE…SourceSUPREME COURT OF INDIA, THE…

UPSC Relevance9/10

Time to Read3 min read

Total Views26,129

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Daily Briefing Current Affairs

Factories Are Betting on Diwali. Are Households?

When the Buyer Does Not Choose: Capping Drug Margins or Trusting the Market