Current Affair Category: Indian Economy

Why in news ? The Reserve Bank of India (RBI) has  announced liquidity injection measures, including open market operation (OMO) purchase of Government Securities (G-Secs) and US dollar/Indian rupee Buy/Sell swap, aggregating about ₹1.87 lakh crore to alleviate expected liquidity tightness in the banking system. Open Market Operation (OMO): Open Market Operations (OMOs) are a […]

GS1/ Women Empowerment/GS 3 – Inclusive Growth Why in News ? The NITI Aayog has recently unveiled a report titled “From Borrowers to Builders: Women’s Role in India’s Financial Growth Story.” This report highlights the growing significance of women entrepreneurs in shaping India’s economic future. Key Insights from the Report: Rising Trend of Women Borrowers: […]

Why in News ?The Centre has recently approved the upgradation of Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) as the country’s 25th and 26th Navratna companies respectively. All seven listed Central Public Sector Enterprises (CPSEs) of the Indian Railways now have Navratna status. The Indian Railways have a total […]

Why in News ? Despite being the third-largest economy in the world, India ranks 28th in the digital user economy, according to a report by the Indian Council for Research on International Economic Relations (ICRIER) and the Prosus Centre for Internet and Digital Economy (CIDE). The report highlights a significant disparity between India’s overall level […]

Why in News ? The Reserve Bank of India (RBI) will conduct its largest-ever $10-billion dollar/rupee buy-sell swap auction, aiming to address the persistent liquidity deficit in the banking system. What is Currency Swapping? Currency swapping, or forex swapping, is a financial agreement where two parties exchange principal and interest payments in one currency for […]

Why in News? The Time Use Survey (TUS), 2024, conducted by the National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), has gained attention for highlighting significant changes in time utilization patterns across India. Key findings include an increase in women’s participation in employment-related activities, greater acknowledgment of caregiving responsibilities irrespective of gender, […]

Why in News? Prime Minister Narendra Modi inaugurated the Advantage Assam 2.0 Investors’ Summit on February 25, 2025, in Guwahati. The summit emphasizes the role of Eastern India, particularly Assam, in shaping India’s economic growth and attracting global investments. Key Points: 1. Event Highlights: The two-day Advantage Assam 2.0 Investors’ Summit includes: Inaugural Session. Seven […]

Why in News? The Reserve Bank of India (RBI) has introduced a Quality of Public Expenditure (QPE) index to evaluate how well the Indian government (Centre and States) spends public money, considering the balance between fiscal discipline and developmental priorities. Key Highlights: Why it Matters? Government funds are taxpayer money, and effective spending directly impacts […]

Why in News ? The Reserve Bank of India’s (RBI) outstanding net forward sales of the dollar have surged to $67.93 billion as of December 31, 2024, as the central bank intensified its efforts to stabilise the rupee. This marks a significant increase in outstanding forward dollar sales of $14.58 billion just three months ago […]

The Yogi government  has presented the budget for the financial year 2025-26. The budget amounts to ₹8,08,736.06 crore, marking a 9.8% increase compared to the 2024-25 budget. The Yogi government has focused on the welfare of farmers, youth, women, and children in this budget. Key points : 1. Focus on Women Empowerment: Rani Laxmibai Scooty […]