Current Affair Category: Indian Economy

Why in News ? The term was recently used by the RBI on the issues & challenges of digital fraud .  The Reserve Bank of India (RBI) has introduced MuleHunter.AI, an advanced AI-based tool designed to help financial institutions identify mule bank accounts. Objective: This initiative aims to combat digital frauds and strengthen bank security by identifying accounts used to launder illicit […]

What is PRAGATI? PRAGATI stands for Pro-Active Governance And Timely Implementation. It is a unique, multi-purpose, and multi-modal platform launched in 2015 to fast-track government projects and address public grievances. It is essentially a “super-app” for governance that brings the highest levels of the Indian government onto one screen. Key Features of the Platform Three-Tier […]

Why in News ? The term was recently used in a article. What is FLDG?First Loan Default Guarantee (FLDG) is a lending model serviced between digital-lending fintechs and their partner banks and NBFCs. Under these agreements, the fintech originates a loan and promises to compensate the partners up to a pre-decided percentage in case customers fail to repay. […]

The Union Finance Ministry has issued a series of notifications that will give effect to the new taxation regime for tobacco products from February 1. The Central Excise (Amendment) Act, 2025, passed in the recently concluded Winter Session of Parliament, specifies new rates of excise duty on tobacco products. Levy on pan units: The Finance […]

Why in News ? With GDP valued at $4.18 trillion, India has surpassed Japan and is poised to displace Germany from the third rank in the next few years with a projected GDP of $7.3 trillion by 2030, it says India has surpassed Japan to become the world’s fourth largest economy with a size of $4.18 […]

Why in  news? The decline in India’s banking sector Gross Non-Performing Assets (GNPA) ratio to 2.1% as of September 2025 (from 2.2% in March 2025 and 2.7% in March 2024) marks a multi-decadal low, as highlighted in the RBI’s “Report on Trend and Progress of Banking in India 2024-25” released on December 29, 2025. This […]

What is Exchange Rate? Exchange Rate, or the rate of exchange, is the price of the currency of a nation in terms of another currency i.e. the price at which one currency can be traded for another. The rate of exchange of a currency w.r.t. another currency reflects the relative demand of the two currencies. […]

Why in news ? The article ‘s core argument is that in the current Indian economy, this bridge is broken. Instead of a “virtuous cycle” of jobs, we are seeing a “vicious cycle” of regional and capital-based inequality. The Core-Periphery Pattern (Regional Lopsidedness): India’s export engine is becoming dangerously concentrated in a small “core.” The […]

The recent  discussion hilights the urban growth & issue arising out of it . What is urbanisation? Urbanisation is the process by which a growing share of the population shifts from rural to urban areas, leading to the expansion of cities in population, economic activity, and spatial footprint. It is driven by industrialisation, migration, better […]

India’s manufacturing sector underperforms compared to China and South Korea, partly due to public sector wages that raise costs and reduce competitiveness; despite growth in private industries like software and services, India sees limited technological upgrading, uneven wage growth, and increasing inequality   A reason why India has lagged behind certain non-Western economies — such […]