Key Highlights of the CAG Review: The Comptroller and Auditor General (CAG) presented its 2023-24 annual review of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003, in Parliament. The review shows that India is moving steadily towards long-term macroeconomic stability. Key Highlights of the CAG Review of the FRBM Act for FY 2023-24: Central […]
Day: August 23, 2025
Reserve Bank of India (RBI) released its discussion paper (August 2025) on reviewing the flexible inflation targeting (FIT) framework.
Reserve Bank of India (RBI) released its discussion paper (August 2025) on reviewing the flexible inflation targeting (FIT) framework: The Reserve Bank of India (RBI) released its discussion paper (August 2025) on reviewing the flexible inflation targeting (FIT) framework. With the current 4% CPI target within a 2–6% tolerance band expiring in March 2026, the […]
Kerala Declared India’s First Fully Digitally Literate State
Kerala Declared India’s First Fully Digitally Literate State: Kerala Chief Minister declared Kerala as the first fully digitally literate State in India, marking the completion of Phase I of the Digi Kerala project. The initiative sought to bridge the digital divide by training individuals in basic digital skills across all local bodies.Surveys covered 1.5 crore […]
Fortified Rice Scheme Extended till 2028
Fortified Rice Scheme Extended till 2028: The Union Cabinet has approved the continuation of universal supply of fortified rice under all government schemes till December 2028 with 100% central funding of ₹17,082 crore. A nutrition intervention programme to supply rice fortified with Iron, Folic Acid, and Vitamin B12 through government food safety nets. Aims to […]
SEBI Moots ‘Regulated Venue’ for Pre-Listing Companies
SEBI Moots ‘Regulated Venue’ for Pre-Listing Companies: The Securities and Exchange Board of India (SEBI) has proposed creating a “regulated venue” for trading shares of pre-listing companies.A formalised platform under SEBI oversight where unlisted companies’ shares can be traded before their Initial Public Offering (IPO). Will function as a transparent alternative to the unregulated grey […]
Penalty of ₹10 lakh on Rapido
Penalty of ₹10 lakh on Rapido: The Central Consumer Protection Authority (CCPA) has imposed a penalty of ₹10 lakh on Rapido for misleading advertisements promising “Auto in 5 min or get ₹50”. It also directed Rapido to compensate affected consumers and discontinue deceptive claims. A statutory regulatory body established under the Consumer Protection Act, 2019. […]
NTCA Limits Definition of Tiger Corridors
NTCA Limits Definition of Tiger Corridors: The National Tiger Conservation Authority (NTCA) has restricted the definition of tiger corridors to only 32 “least cost pathways” (2014 report) and those in Tiger Conservation Plans, excluding newer scientific studies. It is A statutory body under the Ministry of Environment, Forest and Climate Change (MoEFCC). Apex authority for […]
RBI Appoints Indranil Bhattacharyya as New MPC Member Ahead of October Policy Meet
RBI Appoints Indranil Bhattacharyya as New MPC Member Ahead of October Policy Meet: The Reserve Bank of India (RBI) has appointed Indranil Bhattacharyya, Executive Director of the Monetary Policy Department, as the newest ex officio member of the Monetary Policy Committee (MPC). This move comes ahead of the committee’s upcoming meeting scheduled between September 29 […]
