Current Affair Category: Indian Economy

Why in News ? The Reserve Bank of India (RBI) recently raised the Loan-to-Value (LTV) ratio for gold-backed loans up to Rs. 5 lakh to improve credit access for small borrowers. Relevance- Pre & Mains Prelims: LTV Mains: GS 3-ECONOMY Recent Changes by RBI – It aims to ease credit accessibility for small borrowers. This means […]

The Reserve Bank of India (RBI) Bulletin (May 2025) revealed a sharp decline in India’s net Foreign Direct Investment (FDI) inflow for FY 2024-25, which has raised concerns over the country’s investment climate and its implications for economic growth and industrial development. While gross FDI inflows touched a record $81 billion, net FDI plummeted to […]

Why in News? The Insolvency and Bankruptcy Board of India (IBBI) has introduced a key reform by making it mandatory for Resolution Professionals (RPs) to notify the National Company Law Tribunal (NCLT) if a personal guarantor fails to submit a repayment plan.   Relevance : UPSC Pre &  Mains Prelims : Regulation 17B/IBBI Mains :   […]

India’s rank as the fourth-largest or fifth-largest economy, based on nominal GDP, or as the third-largest economy based on Purchasing Power Parity (PPP), is influenced by the lens through which economic comparisons are made. Both the nominal GDP and PPP rankings offer different perspectives, and understanding these distinctions is key to interpreting the implications for […]

Why in News ? The government has announced the restoration of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme for exporters operating under Advance Authorisation (AA), Export-Oriented Units (EOUs), and Special Economic Zones (SEZs). This move is aimed at boosting India’s export competitiveness. Relevance- Pre & Mains Prelims: RoDTEP/ FIEO Mains: GS […]

Why in News ?. Kerala’s Agriculture Minister P. Prasad has recently  inaugurated the Njattadi Festival, a sapling festival organized by the Thiruvarppu Grama Panchayat in Kottayam district. The event, also referred to as a planting festival, celebrates agricultural innovation and community participation in farming, with a focus on modern techniques like drone-assisted seed sowing. Relevance […]

Why in News? The Reserve Bank of India (RBI) approved a record dividend transfer of Rs2,68,590.07 crore to the Union government for the accounting year 2024-25, a 27% increase from the previous year’s Rs2,10,874 crore. The decision is based on a revised Economic Capital Framework (ECF) and includes an increase in the Contingent Risk Buffer […]

Why in News ? A recent study by ETH Zurich researchers, published on May 22, 2025, indicates that cyclones will become more destructive under the SSP5-8.5 climate scenario, which assumes high greenhouse gas emissions and rapid fossil fuel use. Relevance : UPSC Pre & Mains Prelims: SSPs/RCPs Mains :  GS 1 /Geography/ GS 3 ( […]

Why in News? The Reserve Bank of India (RBI) released revised draft guidelines on May 19, 2025, to regulate investments by banks, non-banking financial companies (NBFCs), and other regulated entities (REs) in Alternative Investment Funds (AIFs). Relevance : UPSC Pre & Mains Prelims :  AIFs/REs Mains :  GS 3 Objectives : The move aims to […]

Why in News? A recent roundtable organized by Janpahal, a non-governmental organization, in collaboration with the Gig Workers Association, has drawn attention to the challenges faced by gig and platform workers. Titled “Current Developments, Challenges, and Way Forward,” the discussion emphasized the harsh working conditions, lack of legal protections, and absence of social security for […]