CivilsIASPrep.comUPSC Current Affairs for 2026-09-17
Use this daily collection to understand why each development matters, then verify time-sensitive facts through the linked sources before adding them to notes.
- War on Iran cost U.S. more than $38 billion: Congressional Budget OfficeInternational Relations · CBO estimates U.S. war against Iran cost over $38 billion through August 1, with ongoing monthly costs up to $3 billion.
- Telangana CM urges Supreme Court to quash 2015 cash-for-vote FIRPolity · Telangana CM Revanth Reddy seeks quashing of 2015 cash-for-vote FIR in Supreme Court, citing pre-2018 PC Act did not criminalize bribe-giving.
- August retail inflation raises chances of RBI rate hike in October, say economistsEconomy · August 2026 CPI inflation hit a 20-month high of 4.8%, raising expectations of an RBI rate hike in October.
- FCNR(B) deposits saved India from a BoP deficit in July 2026Economy · Surge in FCNR(B) NRI deposits in July 2026 prevented a balance of payments deficit, highlighting reliance on one-time inflows.