# Shastra Science

> Best Institute For Competitive Exams


## Posts

- [RBI Hikes Repo Rate to 5.5% in October 2026: First Increase Since February 2023](https://shastrascience.com/rbi-hikes-repo-rate-to-5-5-percent-october-2026/): The RBI's MPC unanimously raised the repo rate by 25 bps to 5.50% on 7 October 2026 — its first hike since February 2023 — shifting stance to calibrated tightening, raising FY27 GDP forecast to 7.1% and inflation projection to 5.2%. Key facts, figures and 5 MCQs for UPSC, SSC and Banking exams.
- [57th GST Council Meeting on October 8: Move to Remove Arrest Powers and Decriminalise GST Offences — Key Facts for Exams](https://shastrascience.com/57th-gst-council-meeting-arrest-powers-decriminalisation/): The 57th GST Council meeting on October 8, 2026 will consider removing GST officers' arrest powers and raising the prosecution threshold to Rs 5 crore. Key facts, background and 5 MCQs for UPSC, SSC and banking exams.
- [Nobel Prize in Physics 2026: Francis Halzen Wins for the IceCube Neutrino Observatory](https://shastrascience.com/nobel-prize-physics-2026-francis-halzen-icecube/): On 6 October 2026, the Royal Swedish Academy of Sciences announced that the Nobel Prize in Physics 2026 has been awarded to 82-year-old Belgian-American physicist Francis Halzen, professor at the University of Wisconsin-Madison and principal investigator of the IceCube Neutrino Observatory.
- [India Wins 4 Gold and 1 Silver at IOAA 2026: International Astronomy Olympiad](https://shastrascience.com/india-ioaa-2026-four-gold-one-silver-medals/): India wins four Gold and one Silver medal at the 19th International Olympiad on Astronomy and Astrophysics 2026 in Hanoi, with all five Indian participants securing medals.
- [Applied Materials $5 Billion India Investment: Semiconductor Boost](https://shastrascience.com/applied-materials-5-billion-india-semiconductor-investment-2/): US semiconductor equipment giant Applied Materials has announced a $5 billion investment in India through 2035, focusing on R&D, supply-chain expansion and talent development under its India Vision 2035 initiative
- [UPSC Completes 100 Years: History, Articles 315–323 & Key Reforms](https://shastrascience.com/upsc-completes-100-years-history-articles-315-323-key-reforms/): The Union Public Service Commission completed 100 years on October 1, 2026. Explore UPSC's journey from 1926 to its constitutional status, Articles 315–323, examination reforms, AI facial authentication and its future focus on Trust, Transparency and Technology.
- [Applied Materials $5 Billion India Investment: Semiconductor Boost](https://shastrascience.com/applied-materials-5-billion-india-semiconductor-investment/): US semiconductor equipment giant Applied Materials has announced a $5 billion investment in India through 2035, focusing on R&D, supply-chain expansion and talent development under its India Vision 2035 initiative.
- [SEMICON India 2026: India’s Semiconductor Push Enters a New Phase](https://shastrascience.com/semicon-india-2026-semiconductor-ecosystem/): SEMICON India 2026 begins at Yashobhoomi, New Delhi, highlighting India’s growing semiconductor ecosystem. Learn about its theme, Semicon 2.0, approved projects, supply-chain strategy and key exam facts.
- [Yudh Abhyas 2026: India-US Military Exercise Begins in Uttarakhand](https://shastrascience.com/yudh-abhyas-2026-india-us-military-exercise/): The 22nd Yudh Abhyas 2026 between India and the United States has begun in Auli and Rajasthan, focusing on mountain warfare, Integrated Battle Groups, drones and autonomous military systems.
- [BRICS New Delhi Declaration 2026: Key Outcomes & Exam Facts](https://shastrascience.com/brics-new-delhi-declaration-2026-key-outcomes/): BRICS leaders adopted the New Delhi Declaration at the 18th Summit in India, addressing terrorism, UN reform, trade, AI, digital payments, climate, energy and space cooperation.
- [UPI Gets a New ‘Tap & Pay’ Feature: India Takes Digital Payments Beyond QR Codes](https://shastrascience.com/upi-tap-and-pay-nfc-contactless-payments/): NPCI's UPI Tap & Pay brings NFC-based contactless payments to India's digital-payment ecosystem. Learn how it works, how it differs from QR payments and why it matters for competitive exams.
- [UK Recognizes India’s Carbon Credit Trading Scheme: What It Means for Indian Exporters](https://shastrascience.com/uk-recognises-india-carbon-credit-scheme-ccts-cbam/): The UK has recognised India's Carbon Credit Trading Scheme under its Carbon Border Adjustment Mechanism. Here's what it means for Indian exporters, India's carbon market and competitive exams.
- [Global Fintech Fest 2026: India’s FinTech Revolution Enters a New Era](https://shastrascience.com/global-fintech-fest-2026-india-fintech-revolution/): Global Fintech Fest 2026 in Mumbai highlights India's fintech transformation, UPI's global growth and the next wave of financial innovation powered by Agentic AI, tokenisation and quantum technology.
- [India Joins Global 6G Initiative: Why It Matters for India](https://shastrascience.com/india-joins-global-6g-initiative/): India has joined a US-led global initiative with 24 other countries to shape the future of secure 6G networks. Here's what the development means for India's technology ambitions and competitive-exam aspirants.
- [India Completes 2,800+ km Dedicated Freight Corridor: Why It Matters for Competitive Exams](https://shastrascience.com/india-completes-2800-km-dedicated-freight-corridor-why-it-matters-for-competitive-exams/): India has achieved a major milestone in its infrastructure and logistics sector with the completion of more than 2,800 km of the Dedicated Freight Corridor (DFC).

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