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Daily Current Affairs – 10 April, 2026

    RBI Holds Repo Rate at 5.25 per cent

    Context

  • The Monetary Policy Committee of the Reserve Bank of India decided to keep the repo rate unchanged at 5.25%.

    • About

  • The Standing Deposit Facility (SDF) rate remains at 5 per cent and the Marginal Standing Facility (MSF) rate and the bank rate at 5.5 per cent.
  • The real GDP growth for 2026-27 is projected at 6.9%, with Q1 at 6.8%; Q2 at 6.7%; Q3 at 7.0%; and Q4 at 7.2%.
  • The inflation is projected for FY27 to be at 4.6 percent, with 4.0 percent in Q1, 4.4 percent in Q2, 5.2 percent in Q3, and 4.7 percent in Q4.
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    Phasing Down Hydrofluorocarbons (HFCs) in India

    Context

  • The Government of India has directed that no new environmental clearances will be granted for hydrofluorocarbon (HFC) production projects beyond December 31, 2027.

    • Background

  • Under the Kigali Amendment, the Parties to the Montreal Protocol will phase down production and consumption of Hydrofluorocarbons, commonly known as HFCs.
  • Hydrofluorocarbons were introduced as non-ozone depleting alternatives to Chlorofluorocarbons (CFCs).
  • WhileHFCs do not deplete the stratospheric ozone layer, they have high global warming potential ranging from 12 to 14,000, which have adverse impact on climate.
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    Dedicated Freight Corridor (DFC)

    Context

  • The Ministry of Railways has completed the Western Dedicated Freight Corridor (WDFC), marking a major milestone in India’s freight logistics modernisation.

    • About Dedicated Freight Corridor (DFC):

  • The Dedicated Freight Corridor (DFC) is a flagship initiative aimed at separating freight traffic from passenger lines to improve efficiency and capacity.
  • The project was conceived in 2005, and two DFCs—Eastern DFC (EDFC) and Western DFC (WDFC)—were approved by the Cabinet in 2008.
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    News In Short 10-04-2026

    Context

  • A criminal defamation case involving remarks on Vinayak Damodar Savarkar has brought attention to the origin of the title Swatantryaveer, before a Pune court.

    • Vinayak Damodar Savarkar

  • Vinayak Damodar Savarkar (1883–1966), popularly known as Veer Savarkar, was a prominent freedom fighter, political thinker, and writer. 
  • He is associated with the development of the Hindutva ideology and played a significant role in revolutionary nationalism during the freedom struggle.
  • Education: Savarkar studied at Fergusson College in Pune and later travelled to London to study law.
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