UPSC Current Affairs for 2026-09-23
Use this daily collection to understand why each development matters, then verify time-sensitive facts through the linked sources before adding them to notes.
- GST rate cuts have been offset by ‘galloping’ inflation: CongressEconomy · Congress claims GST rate cuts have been offset by inflation, with prices returning to pre-cut levels.
- Unsafe space: On the U.S. and ‘on-orbit space control weapons‘Security · The U.S. has confirmed deploying 'on-orbit space control weapons', raising concerns about space militarisation and the need for multilateral governance.
- Presumed ineligible: On the Election Commission of India’s SIR processPolity · Supreme Court is hearing petitions challenging the Election Commission's Special Summary Revision process, which has led to mass deletions of voters in West Bengal and Delhi.
- 100% U.S. tariff threat: Can India’s new trade deals reduce its dependence on America?Economy · The U.S. House passed a bill allowing up to 100% tariffs on countries buying Russian oil, threatening Indian exports amid volatile India-U.S. trade ties.
- The paradox of self-reliance: India-China trade dynamics | Data PointEconomy · India-China bilateral meeting at BRICS summit highlighted structural trade imbalance and supply chain issues.
- Missing measure in India’s magnet missionEconomy · China's April 2025 export controls on rare-earth magnets exposed India's strategic vulnerability in the permanent magnet value chain.
- Gates Foundation warns AI could widen inequality as foundation pledges $1B to expand accessEconomy · Gates Foundation pledges $1 billion to expand AI access and warns AI could widen inequality.