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UPSC current affairs — 24 October 2026

The day's most exam-relevant stories, scored and mapped to the UPSC syllabus by ProjectsPilot's AI. Full Prelims/Mains/Interview analysis is inside the app.

IDFC First Bank Q2 PAT rises 197% to ₹1,045 crore on lower provisions

IDFC First Bank reported a strong Q2 FY27 with a near- double-digit rise in net interest income and a sharp rise in profit driven by lower provisions and improving asset quality, aided by large FCNR(B) deposits and resilient liquidity.

  • Economy
  • GS-II: Government policies and intervention for development in various sectors
  • GS-III: Indian economy and issues relating to planning, mobilization of resources, growth, development and employment
  • GS-IV: Ethics, integrity and governance (transparency in corporate reporting could be linked to disclosures)
  • The Hindu · Business

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What is the controversy over the spinal muscular atrophy drug in Keralam? Explained

Kerala's SMA drug access row raises questions about public healthcare funding, drug pricing, and use of generic medicines in state schemes. The episode tests policy mechanisms for affordable life-saving treatment and the balance between branded innovation and cost-effective generics.

  • Science & Tech
  • GS-II: Government Policy and Interventions for Social Welfare
  • GS-III: Science and Technology — Indian initiatives and R&D
  • GS-IV: Ethics, Governance and Public Accountability
  • The Hindu · Sci-Tech

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Ashoke Sen becomes first Indian physicist to receive Oskar Klein Medal

Ashoke Sen, a leading Indian theoretical physicist, becomes the first Indian to win the Oskar Klein Medal (2026), underscoring India's growing stature in high-energy theory and fundamental physics. The award highlights his contributions to string theory and black hole entropy, reflecting global recognition of Indian scientists in basic science.

  • Science & Tech
  • GS-I: History of science and technology; role of science in society
  • GS-II: Government policies and schemes for science & technology; national priorities
  • GS-III: Science and technology for development; ethics in science
  • The Hindu · Sci-Tech

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AU Small Finance Bank Q2 profit jumps 53% to 858 crore

AU Small Finance Bank posts a strong Q2 profit growth, driven by higher interest income and improved asset quality; highlights sectoral dynamics in small finance banks, profitability, and capital adequacy considerations under RBI oversight.

  • Economy
  • GS-III: Indian Economy and Development
  • GS-II: Government Policies and Interventions for Development
  • GS-II: Issues relating to Growth and Development
  • The Hindu · Business

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BJP has no bad option, Congress has no good option

The piece discusses the Centre's delimitation proposals, the opposition’s calls for an all-party discussion, and the government’s stance on withholding details, signaling ongoing friction over electoral delimitation and its legislative path.

  • Polity
  • GS-II: Governance and polity: delimitation and constitutional provisions
  • GS-II: Parliament and state legislatures
  • Ethics and Integrity
  • The Hindu · Opinion

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Ethanol tender sparks feedstock concerns as rice gains ground over maize

The ESY 2026–27 ethanol procurement tender by OMCs links feedstock pricing (surplus/ damaged foodgrains, maize) to ethanol supply, raising concerns for rice-based feedstocks and sugar industry. Allocation and pricing signals may affect feedstock viability for rice versus maize in ethanol production, impacting policy and industry dynamics.

  • Economy
  • GS-III: Indian Economy and Issues relating to growth, development and employment
  • GS-III: Environment and Ecology (Sustainable development, policy)
  • GS-III: Agriculture and Food Security
  • The Hindu · Business

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500 GW by 2030: Experts explain why India needs to power up battery storage capacity and grid infra to meet the target

Experts say India must expand battery storage and modernize the power grid to reach 500 GW of non-fossil capacity by 2030, building on existing capacity of 300.50 GW as of July 2026.

  • Environment
  • GS-III: Conservation, Environment and Ecology
  • GS-III: Energy resources and security
  • GS-III: Infrastructure and energy systems
  • LiveMint · Economy

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Kotak Mahindra Bank Q2 net up 26% on higher income and better asset quality

Kotak Mahindra Bank reports a 26% YoY rise in net profit for Q2, with total income up 18% and improved asset quality; NIM declined slightly due to FCNR-B window deposits, while GNPA and NPA improved. Bank to acquire Deutsche Bank's retail, private banking and wealth business in India.

  • Economy
  • GS-III: Indian economy and issues relating to growth, development, and employment
  • The Hindu · Business

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Falling short: on Marco Rubio’s second visit to India

The visit of US Secretary of State Marco Rubio to India amid U.S. domestic politics signals possible shifts in bilateral ties, trade talks, energy security, and regional security coordination including the Quad and Gulf energy discussions, with implications for India’s diplomacy and strategic posture.

  • International Relations
  • GS-II: India’s relations with major powers
  • GS-II: Bilateral trade agreements
  • GS-II: Multilateral forums and security
  • The Hindu · Opinion

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Advocacy group questions Medanta MD Naresh Trehan’s inclusion in panel on pharma marketing practices

Advocacy groups question potential conflict of interest in including a private hospital MD on a Supreme Court-directed committee assessing pharma marketing regulations; Centre proposes tighter advertising curbs and the panel’s independence is under scrutiny.

  • Policy/Governance
  • GS-II: Government policies and interventions
  • GS-II: Government budgets and schemes
  • Ethics in public administration
  • The Hindu · Sci-Tech

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