Current Affair Category: Indian Economy

Why in News? A recent article published in the RBI’s July Bulletin highlights that the Indian economy continues to remain resilient amidst global geopolitical tensions and uncertain macroeconomic conditions.  Prelims Focus: RBI’s State of the Economy article India’s inflation trend Tariff trends (lowest since 1930s) All-India Unemployment Rate Key Highlights from the RBI Article: Resilience […]

Why in News? The Reserve Bank of India (RBI) on Tuesday (22 July 2025) released the latest Financial Inclusion Index (FI-Index) data for the year ending March 2025, which shows a significant improvement in the country’s financial inclusion landscape. Relevance : UPSC Pre &  Mains Prelims :  FI -INDEX Mains  : GS 3 The FI-Index […]

Why in News ? DBI Bank Ltd. has announced its financial results for the first quarter ended June 30, showing: Net profit rose by 17% year-on-year to Rs 2,007 crore. However, the Net Interest Income (NII) fell from Rs 3,233 crore (last year) to Rs 3,166 crore. The Net Interest Margin (NIM) declined from 4.18% […]

Why in News? The 10th United Nations Sustainable Development Goals (SDG) Report 2025 has raised serious concerns about the global progress toward the 2030 Agenda. Rather than moving forward, several nations are witnessing stagnation or even a reversal in achieving their goals, putting the dream of sustainable and inclusive development at risk. Relevance : UPSC […]

The Liberalised Remittance Scheme (LRS) is a foreign exchange policy introduced by the Reserve Bank of India (RBI) in 2004 under the Foreign Exchange Management Act (FEMA), 1999. It allows resident individuals in India, including minors, to freely remit up to USD 250,000 per financial year (April to March) for permissible current or capital account […]

India-US Trade Deal Stalemate: The Dairy Dispute Why in News? The India-US trade negotiations have stalled primarily due to a disagreement over dairy imports. US President Donald Trump set an August 1 deadline for finalizing trade deals, warning of potential tariffs if no agreement is reached. India refuses to compromise on dairy imports, citing religious, […]

Why in News? India’s inflation rates for June 2025 have hit significant lows, with retail inflation dropping to a 77-month low of 2.1% and wholesale inflation turning negative at -0.13% after 20 months. Relevance : UPSC Pre &  Mains Prelims :  Wholesale Inflation (WPI) : Mains  : GS 3 Key Points: Retail Inflation (CPI) : […]

Green Debt refers to financial instruments like loans or bonds raised specifically to fund environmentally sustainable projects. The idea is to channel debt financing into projects that help mitigate climate change, conserve biodiversity, promote renewable energy, and encourage other eco-friendly initiatives. In simple terms, Green Debt = Borrowed Money for Green Projects. Why is Green […]

Why in News? A recent report by the World Bank has generated significant debate with regard to the true picture of inequality in the Indian economy. The report outlined a number of salutary outcomes; not only had extreme poverty reduced drastically, inequality had reduced too. Relevance : UPSC Pre &  Mains Prelims :  Gini Coefficient […]

Why in News ?  India stands at a global crossroads — it is recognized as a rising economic power, a digital innovator, and home to the world’s largest youth population. Yet, gender inequality remains a deep-rooted challenge. The Global Gender Gap Report 2025 by the World Economic Forum places India at a dismal 131st out […]