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Economy Affairs

Explore specialized daily and monthly updates for Economy.

UPDATES FOR JUNE 2026 Scroll to view more ↓

BLOOMBERG GLOBAL AGGREGATE BOND INDEX

NEWS: Indiaà Currently executing major capital market reforms to secure the inclusion of its government bonds within the prestigious Bloomberg Global Aggregate Bond Index. About The Bloombe...

FOREIGN CURRENCY NON-RESIDENT BANK (FCNR(B)) DEPOSITS

NEWS: RBI decided to bear the full hedging cost on fresh FCNR(B) deposits till September 30àto attract NRI dollar deposits and support the rupee. CONTEXT When NRIs place dollars with Indian...

FREE TRADE AGREEMENTS (FTAS)

INTRODUCTION Indiaà currently has 15 FTAs covering 27 countries, with negotiations underway for agreements with 42 additional countries. FTAs could soon account for nearly 75% of India&rsq...

e-Jagriti PLATFORM

NEWS: The Department of Consumer Affairs’ AI-powered e-Jagriti platformà honored with the prestigious Silver Award About e-JagritiàAdvanced, AI-enabled, paperless core portal d...

DIGITAL HEALTH ECOSYSTEM

NEWS: India has created over 90 crore unique ABHA (Ayushman Bharat Health Account) identity cards under the Ayushman Bharat Digital Mission as a part of Digital Health Ecosystem. Key Initiatives ...

E85 FUEL

NEWS: The Union Minister for Petroleum & Natural Gas inaugurated the E85 fuel rollout in New Delhi on World Environment Day CONTEXT A step forward in India’s flex-fuel transition. Br...

STATE OF INDIA’S DIGITAL ECONOMY REPORT 2026

Context (ET): ICRIER-Prosus Center for Internet and Digital Economy (IPCIDE)à Released the State of India’s Digital Economy (SIDE) 2026 report. The study benchmarked 71 economies, coveri...

MONETARY POLICY COMMITTEE (MPC)

NEWS: The Monetary Policy Committee (MPC) is the body responsible for formulating monetary policy in IndiaàIt was established under the amended Reserve Bank of India Act, 1934.  Backgrou...

GDP GROWTH ESTIMATION- 2025-26

NEWS: The Government of India has released Provisional Estimates (PE) showing that India's Gross Domestic Product (GDP) is expected to grow by 7.7% in FY 2025-26 GDP Gross Domestic Product (GDP) i...

BLUE BOND

NEWS: India’s first blue bond to diversify its funding sources and finance maritime and coastal infrastructure projects ABOUT A blue bond à Debt instrument used to raise funds speci...

SEAFOOD EXPORTS

NEWS: India’s Seafood Exports Reach Record High in FY 2025–26à Reaching 19.72 lakh metric tonnes worth ₹73,890 crore (USD 8.46 billion) despite challenging global market condition...

PROTECTING CRITICAL NATIONAL INFRASTRUCTUR(CNI)

NEWS: Growing concerns over the security of India's Critical National Infrastructure (CNI) due to rapid integration of AI, IoT, and Operational Technology (OT) networks About CNI Critical system...

VARIABLE RATE REPO (VRR) AUCTION

NEWS: RBI Injects ₹81,590 Crore into Banking System through VRR Auction CONTEXT Sometimes banks face a temporary shortage of cash for daily operations like: Giving loans Settling payments Ma...

UPDATES FOR MAY 2026 Scroll to view more ↓

NIRBHAY RAHO

NEWS: Three-day national Training of Trainers (ToT) program àUnder the Ministry of Panchayati Raj About Nirbhay Raho Initiative Focused on legal provisions for women’s security&agrav...

BATTERY ENERGY STORAGE SYSTEM (BESS)

NEWS: Adani Green Energy Ltd (AGEL) commissioned Battery Energy Storage System (BESS) at Khavda, Gujarat CONTEXT It is the world’s largest single-location battery storage deployment outside...

PANEL SET UP TO STUDY ‘DEMOGRAPHIC CHANGE’

NEWS: The Central Government has constituted a high level committee to study demographic changes caused by: Illegal immigration. Main Objectives of the Committee Study Demographic Changesà ...

BHARAT AUDYOGIK VIKAS YOJNA (BHAVYA) SCHEME

NEWS: Department for Promotion of Industry and Internal Trade (DPIIT) released Guidelines for Implementation of BHAVYA Scheme ABOUT Scheme Type: Central Sector Scheme Ministry: Ministry of Commer...

UNINCORPORATED SECTOR IN INDIA

NEWS: The National Statistics Office (NSO) releasedà The latest Quarterly Bulletin on Unincorporated Sector Enterprises (QBUSE)à strong growth in India’s unincorporated non-agricul...

BAN ON SUGAR EXPORT

NEWS: Export of all categories of sugar (raw, white, and refined) under the "Prohibited" category with immediate effect until 30th September 2026. REASONS FOR THE EXPORT BAN El Niño Threat &...

PERIODIC LABOUR FORCE SURVEY 2025

NEWS: The Annual Report of the Periodic Labour Force Survey (PLFS) 2025à released by the National Statistical Office (NSO)à reveals a broadly stable labour market with LFPR at 59.3% and ...

ಚಿನ್ನ ಮತ್ತು ಬೆಳ್ಳಿಯ ಮೇಲಿನ ಪರಿಣಾಮಕಾರಿ ಆಮದು ಸುಂಕವನ್ನು 6% ರಿಂದ 15% ಕ್ಕೆ ಹೆಚ್ಚಳ

ಸುದ್ದಿ - ವಿದೇಶಿ ವಿನಿಮಯ ಮೀಸಲಿನ ಮೇಲಿನ ಒತ್ತಡವನ್ನು ಕಡಿಮೆ ಮಾಡಲು ಸರ್ಕಾರವು ಮುಂಗಡ �...

THE SCHEME FOR PROMOTION OF SURFACE COAL/LIGNITE GASIFICATION PROJECTS

NEWS: The Union Cabinet approved a major scheme for promoting Surface Coal/Lignite Gasification Projects with a massive financial outlay of ₹37,500 crore. About The Scheme for Promotion of Surfa...

GOVERNMENT DOUBLES DUTY ON IMPORTS OF GOLD AND SILVER

NEWS: The Government of India has doubled the effective import duty on gold and silver from about 9.2% to 18.4%. REASONS ·         Rising Curre...

EV chargers under PM E-Drive scheme

  NEWS: Karnataka to get 1,243 EV chargers under PM E-Drive scheme ABOUT Union Minister for Heavy Industries H D Kumaraswamy on Tuesday announced the approval of 1,243 new electric vehicle (E...

Trade Unions

NEWS: Worker protests over wages and social security have revived debate on weakening trade unions Evolution Origins → Post Factories Act (1881) All India Trade Union Congress (1920) + Trade...

Emergency Credit Line Guarantee Scheme (ECLGS) 5.0

  NEWS: Union Cabinet approves Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 Background Launched in 2020 under Atma Nirbhar Bharat Package to help MSMEs during COVID-19. Provides credi...

Rashtriya Bal Swasthya Karyakram (RBSK) 2.0

  NEWS: Ministry of Health released the RBSK 2.0 Guidelines at the 10th National Summit on Good Practices and Innovations in Public Healthcare Service Delivery. ABOUT National Summit a flagsh...

India’s Night-Time Energy Crisis

  NEWS: India witnessed record electricity demand (256 GW on April 25, 2026) due to early & intense heatwaves. Record Demand Surge Peak demand: 256 GW (April 25, 2026) Shortfall: ~4.2 G...

UPDATES FOR APRIL 2026 Scroll to view more ↓

SEED Scheme for DNT Communities

NEWS: DWBDNC-Development and Welfare Board for De-notified, Nomadic and Semi-Nomadic Communities reported improved outreach under SEED Scheme (FY 2025–26) ABOUT SCHEME Launched → Feb 20...

Cocoa Production

NEWS: A shortage of cocoa beans has caused near shutdown of processing plants in Ivory Coast and Ghana which together produce about 60% of global cocoa. About Cocoa Cocoa is an important plantatio...

India–New Zealand Free Trade Agreement

New: India & New Zealand signed a Free Trade Agreement (FTA)--> To be implemented after NZ Parliament ratification (expected this year) Highlights Strengthens economic + strategic partnersh...

India’s 3D Glass Semiconductor Project – A Major Strategic Bet

NEWS: India laid the foundation stone for its first advanced 3D glass chip packaging facility in Bhubaneswar under the India Semiconductor Mission India Semiconductor Mission (ISM) Launched in 202...

Sand Mining

NEWS: Supreme Court of India warns of strict action over illegal sand mining in National Chambal Gharial Sanctuary ABOUT Sand miningà Removal of natural sand and sand resources from the en...

India's economic and insurance market outlook 2026-2030

NEWS: It projects rapid expansion of insurance sectorà with premium growth accelerating to 6.9% during 2026–2030 Insurance Sector in India Indiaà10th largest insurance market ...

India’s Foodgrain Production

NEWS: India has food grain stock three times the existing buffer norms CONTEXT Indiaà Currently has around 222 Lakh Metric Tonnes (LMT) of wheat and approximately 380 LMT of rice= total food...

Sea food Exports

NEWS: India’s seafood exports reached an all-time high of ₹72,325.82 crore Key Drivers Export basket expanded beyond shrimp to includeà frozen fish, squid, cuttlefish, surimi, fish...

Fertilizer Challenge

NEWS: Conflict involving Iran + closure of Strait of Hormuz (since Feb 2026)--> Triggered global fertilizer supply shock the Issue India highly dependent on Persian Gulf for: Fertilizer imports...

BESCOM RANKED 51st OUT OF 54 POWER DISTRIBUTION COMPANIES

NEWS: Bescom was ranked 51st among 54 power distribution companies assessed across the country by the Ministry of Power. KEY HIGHLIGHTS Bescom accumulated loss of Rs 13,819 crore and standing...

India Slipped to 6th Largest Economy by Nominal GDP

NEWS: India has slipped to the world’s 6th largest economy by nominal GDP--> IMF’s World Economic Outlook, with GDP estimated at $4.15 trillion. CONTEXT The US leads at $32.38 tril...

PNGRB CLOSE TO FINALISING BIDS FOR FOUR LPG PIPELINES

NEWS: PNGRB finalising bids for 4 LPG pipelines Background of the Initiative The Petroleum and Natural Gas Regulatory Board (PNGRB)à Process of finalising bids for four LPG (Liquefied Petro...

RBI updates monetary policy rates

Reserve Bank of India revised repo rates to control inflation.

India launches new Digital Governance Portal

The Government of India launched a new digital governance platform to improve transparency.

BHAVYA Scheme

NEWS: Government notifies Bharat Audyogik Vikas Yojna (BHAVYA) Scheme Features                    &...

Shahtoosh Wool

NEWS: Delhi court convicted a person for illegal export of Shahtoosh shawls made from the hair of the Tibetan Antelope in violation of the Wildlife Protection Act, 1972. About Shahtoosh Wool Shaht...

Labour Reforms

NEWS:  Factory workers’ protests in Noida over low wages and poor working conditions reveal operational gaps in India’s new Labour Codes Vulnerabilities in India’s New Labour C...

Chip Fabrication Plant

NEWS: India’s First Chip Fabrication Plant Notified at Special Economic Zone (SEZ) Dholera, Gujarat ABOUT AI-enabled Semiconductor Fabrication facility is to be developed by Tata Semiconduct...

Rupee Depreciation

NEWS: Currency depreciation àmore often erodes purchasing power and undermines investor confidence. Advantages of Rupee Depreciation Lowers the dollar price of Indian exportsàdomesti...

Startup India Fund of Funds 2.0 (FoF 2.0)

NEWS: The Government has officially notified the Startup India Fund of Funds 2.0 (FoF 2.0) ABOUT Startup India FoF 2.0àGovernment-backed investment vehicle designed to catalyze domestic ca...

UPDATES FOR MARCH 2026 Scroll to view more ↓

Economic Stabilisation Fund

NEWS: The Lok Sabhaà passed the Centre’s Second Supplementary Demand for Grants, allowing them government to spend additional money. A key feature of this spending is the creation of an E...

India’s LPG Supply

NEWS: Even after the increase in production, around half of India’s LPG demand must still be met through imports. ABOUT LPG (Liquefied Petroleum Gas) is a mixture of hydrocarbon gases, mainl...

Strategic Petroleum Reserves (SPRs)

NEWS: Stockpiles of crude oil maintained by governments to ensure a stable supply of oil during emergencies Meaning Strategic Petroleum Reserves (SPRs)à Stockpiles of crude oil maintained b...

Foreign Direct Investment (FDI)

NEWS: The Union Cabinet of India has amended the 2020 Foreign Direct Investment (FDI) rules that restricted investments from countries sharing a land border with India, including China. Press Note 3 ...

Mascots for Census 2027

NEWS: Union Home Minister unveiled the mascots Pragati and Vikas and soft-launched digital tools for Census 2027 in New Delhi. ABOUT Two official mascots for Census 2027à increase public a...

Janaushadhi Diwas

NEWS: Janaushadhi Diwas to raise awareness about Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) ABOUT PMBJPàlaunched in 2008 as ‘Jan Aushadhi Scheme’à to provide...

PMO meets on CAFE-3 norms

NEWS: The Prime Minister’s Office (PMO) held a highlevel meeting to review the proposed CAFE-3 (Corporate Average Fuel Efficiency) norms for passenger vehicles, which are planned to be implement...

UPDATES FOR FEBRUARY 2026 Scroll to view more ↓

GLOBAL CAPABILITY CENTRES (GCCS)

News: Major structural transformation in India’s economy. India = Global innovation & strategy hub (GCCs). This is why India is now called a “global brain trust" GCC Offshore hubs ...

GOVT. ANNOUNCES 7 ADDITIONAL MEASURES UNDER EXPORT PROMOTION MISSION

NEWS: The Ministry of Commerce has introduced 7 new measures under the Export Promotion Mission to help MSMEs compete better in global markets. Export Promotion Mission Boost India’s exports...

GREAT NICOBAR MEGA PROJECT CLEARED BY NGT

NEWS: The National Green Tribunal cleared the Rs 80,000 crore controversial Great Nicobar project considering its “strategic importance” KEY HIGHLIGHTS A six member bench of the tribun...

INDIA’S POWER GENERATION CAPACITY INCREASE (50,000+ MW)

NEWS: India has added 52,537 MW (Megawatt) of electricity generation capacity in the current financial year (till Jan 31). Total Capacity Added Added: 52,537 MW Growth: More than 11% increase Hi...

EXPORT PROMOTION MISSION (EPM)

NEWS: The Union Cabinet has approved the Export Promotion Mission (EPM). It was announced in the Union Budget 2025–26. India’s Export Sector: Key Facts Exports contribute ~21% to India...

STARTUP INDIA FUND OF FUNDS 2.0

NEWs: Recently, the Union Cabinet approved Startup India Fund of Funds 2.0 ABOUT- Fund of Funds 2.0 Under the broader Startup India initiative. Builds on the earlier Fund of Funds for Startups (F...

URBAN CHALLENGE FUND (UCF)

NEWS: The Union Cabinet has approved the launch of the Urban Challenge Fund (UCF), a centrally sponsored scheme under the Ministry of Housing and Urban Affairs. Key Objective To support transformati...

PM-SURAJ PORTAL (PRADHAN MANTRI SAMAJIK UTTHAN EVAM ROZGAR ADHARIT JANKALYAN)

NEWS: The PM-SURAJ portal disbursed ₹1,389.61 crore to 1.39 lakh entrepreneurs in FY 2024-25, exceeding its target. This shows the government’s push toward financial inclusion + social justice...

LEAD BANK SCHEME (LBS)

NEWS: The Reserve Bank of India (RBI) has released draft guidelines to revise the Lead Bank Scheme (LBS), aiming to streamline its operations, strengthen coordination mechanisms, and enhance its effec...

NETWORK READINESS INDEX (NRI)

NEWS: India has improved its rank to 45th position in Network Readiness Index (NRI) 2025, showing progress in digital infrastructure, ICT adoption, and digital economy development ABOUT The Networ...

FARMER PRODUCER ORGANISATIONS (FPOS)

NEWS: India has successfully established 10,000 Farmer Producer Organizations (FPOs) under a central sector scheme. ABOUT A central sector scheme to form and nurture 10,000 new FPOs across India ...

16TH FINANCE COMMISSION REPORT

NEWS: Submitted its report for the award period 2026-31. The recommendations signal a significant shift from "entitlement-based" transfers to "compliance-driven" fiscal federalism IMPORTANT Recommend...

AGRICULTURE INFRASTRUCTURE FUND (AIF)

NEWS: The Prime Minister has announced the doubling of the Agriculture Infrastructure Fund (AIF) loan target from ₹1 lakh crore to ₹2 lakh crore. ABOUT AIF A medium-long term debt financing fa...

CHEMICAL PARKS

NEWS: The Union Budget 2026–27 announced India’s first dedicated budgetary support for chemical park infrastructure ABOUT Chemical Parks are planned industrial clusters designed specif...

ORANGE ECONOMY

NEWS: Finance minister announces plans to boost for Orange Economy in Union Budget 2026-27 Orange Economy Refers to knowledge-based economic activities where ideas and creativity are transformed i...

WASTE PICKING LABOUR PROFILE

NEWS: The Union Government has released official data for the first time on waste-pickers in India as part of an ongoing national enumeration exercise waste-pickers Under the NAMASTE scheme, waste-p...

PATENT RIGHTS VS SPACE COMMONS

NEWS: Earth-centric intellectual property regimes conflict with the non-sovereign and collaborative nature of outer space, creating legal hurdles for jointly developing critical survival technologies ...

USD-BACKED STABLE COIN

NEWS: UAE central bank approves first USD-backed stable coin ABOUT A USD-backed stablecoin is a cryptocurrency pegged 1:1 to the US dollar, designed to maintain price stability while operating on ...

DIGITAL FOOD CURRENCY

NEWS: The Government of India is poised to roll out a pilot initiative for a Central Bank Digital Currency (CBDC), also known as the Digital Food Currency, in February 2026. ABOUT Digital food cou...

UPDATES FOR JANUARY 2026 Scroll to view more ↓

RISING STATE BORROWINGS: IMPLICATIONS FOR BOND YIELDS AND FISCAL STABILITY

NEWS: A surge in borrowing by Indian States is undermining the RBI’s attempts to ease interest rates, with large-scale State debt issuance keeping government bond yields high and blunting effect...

COCONUT OIL

NEWS: Coconut oil retail prices in India have touched ₹460 per kg, making it the costliest edible oil in the country. This is a concern for consumers and policymakers. Usage in India: Total prod...

INTEGRATED OMBUDSMAN SCHEME

NEWS: Reserve Bank of India (RBI) issued Reserve Bank - Integrated Ombudsman Scheme (RB-IOS), 2026 will come into effect from July 1, 2026. about Aim: To provide a cost-effective, expeditious, no...

GLOBAL INVESTMENT TRENDS MONITOR (GITM)

NEWS: A periodic analytical report released by United Nations Conference on Trade and Development (UNCTAD). It tracks global and country-wise trends in Foreign Direct Investment (FDI) and flags emergi...

DIVERSIFY YOUR FISH BASKET

NEWS: The Ministry of Fisheries, Animal Husbandry and Dairying has advised States and the fisheries sector to diversify both fish species and export markets due to: Tariff uncertainties in seafood ...

FTA WITH EU TO HELP BOOST INDIA'S EXPORTS

NEWS: India and the European Union (EU) are negotiating a free trade agreement (FTA). Negotiations have reached the final stage. If finalised, this will be the 19th trade deal for India. The FTA is ex...

RBI SUGGESTS LINKING DIGITAL CURRENCIES ON THE BRICS AGENDA

NEWS: The Reserve Bank of India (RBI) has recommended that India propose linking the Central Bank Digital Currencies (CBDCs) of BRICS countries on the agenda of the 2026 BRICS Summit, which India will...

STARTUP INDIA @ 10 YEARS

NEWS: Highlights the evolution, achievements, and future direction of India’s start-up ecosystem as the Startup India Mission completes 10 years. Background: Startup India Mission Launched: ...

ACHIEVING EFFICIENCIES IN MSME SECTOR THROUGH CONVERGENCE OF SCHEMES

NEWS: Released by NITI Aayog, outlining a strategic roadmap to strengthen the effectiveness of government support for India’s Micro, Small and Medium Enterprises (MSMEs). The report was launched...

EXPORT PREPAREDNESS INDEX

News: NITI Aayog released the Export Preparedness Index (EPI) 2024, a comprehensive assessment of export readiness across India’s States and Union Territories (UTs). About The Index recogni...

INDIA LOSES 0.4% OF ITS GDP EVERY YEAR TO NATURAL DISASTERS

NEWS: India loses on average 0.4% of its GDP every year due to natural disasters. Across Emerging Asia (India, China, ASEAN-11), disasters are becoming more frequent or becoming more intense What doe...

INDIA BECOMES WORLD’S LARGEST RICE PRODUCER

News: India has surpassed China to become the world’s largest rice producer, as announced by the Union Agriculture Minister. Along with this, 184 new high-yielding seed varieties across 25 crops...

FIRST ADVANCE ESTIMATES OF GROSS DOMESTIC PRODUCT, 2025-26

News: The National Statistics Office (NSO) has projected India’s real GDP growth at 7.4% for FY 2025–26, indicating an improvement over the previous financial year. Released By: National ...

UPDATES FOR NOVEMBER 2025 Scroll to view more ↓

ರಾಷ್ಟ್ರೀಯ ಕೈಗಾರಿಕಾ ವರ್ಗೀಕರಣ ಸಂಹಿತೆ 2025

ಸುದ್ದಿ -  ಅಂಕಿಅಂಶ ಮತ್ತು ಯೋಜನಾ ಅನುಷ್ಠಾನ ಸಚಿವಾಲಯವು (MoSPI) ರಾಷ್ಟ್ರೀಯ ಮಾದರಿ ಸಮೀಕ�...