Current Affair Category: Indian Economy

Why in News? The Sixteenth Finance Commission (SFC), set to recommend financial devolution formulas effective from April 1, 2026, is under scrutiny due to States’ demands for an increased share in the divisible pool of central taxes. With 22 out of 28 States advocating for their share to rise from 41% to 50%, concerns about […]

Why in News?. India has been advocating for Pakistan’s re-inclusion on the FATF’s “grey list” due to its alleged support for terrorism, including the Pahalgam attack, which Indian authorities attribute to Pakistan-trained terrorists. India is preparing a dossier for the Asia Pacific Group (APG) meeting on August 25, 2025, and the FATF plenary on October […]

India’s Unemployment Rate Rises to 5.6% in May 2025, Women Face Higher Joblessness New Delhi, June 16, 2025 – India’s unemployment rate climbed to 5.6 per cent in May 2025, up from 5.1 per cent in April, driven largely by seasonal factors such as a slowdown in agricultural activities following the Rabi harvest season, according […]

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 […]