India Volatility Index: India’s stock markets may have extended their winning streak to five consecutive sessions, but the persistence of the volatility index (VIX) around 15 points suggests that investors remain far from reassured. India Volatility Index (India VIX) is a crucial metric calculated by the National Stock Exchange (NSE) to measure the market’s anticipation […]
Category: Economics Current Affairs
Liberalised Remittance Scheme
Liberalised Remittance Scheme: Outward remittances from India under the Reserve Bank of India’s (RBI) Liberalised Remittance Scheme (LRS) have crossed $20 billion during the first eight months of 2026. LRS is a scheme administered under the FEMA, 1999 framework and RBI directions. It was introduced on February 4, 2004. Remittance Limit: Under LRS, all resident […]
Dearness Allowance (DA) : 3% Hike
Dearness Allowance (DA) : 3% Hike The Cabinet recently approved a 3% hike in dearness allowance and dearness relief, benefiting over 1.17 crore central government employees and pensioners. Dearness Allowance (DA) is an allowance given to a government employee, public sector employee, and pensioner in India. It’s a way to mitigate the impact of rising […]
Fund for Responding to Loss and Damage
Fund for Responding to Loss and Damage: The Fund for Responding to Loss and Damage (FRLD) has provisionally set aside $21.6 million for Nepal’s August 2026 floods, marking its first response to a specific disaster. Fund for Responding to Loss and Damage (FRLD) is an international climate-finance fund set up to help developing countries that […]
Foreign Exchange Risk Reserve
Foreign Exchange Risk Reserve: The Reserve Bank of India (RBI) has unveiled a comprehensive suite of emergency measures to stem the ongoing slide of the Indian rupee. A central highlight of this intervention is the Foreign Exchange Risk Reserve (FERR). The RBI’s strategic deployment of the FERR is being widely analyzed by economists as a […]
Research Development and Innovation Fund
Research Development and Innovation Fund: The Research, Development and Innovation Fund (RDIF) has announced the first cohort of 19 Second Level Fund Managers (SLFMs). Research Development and Innovation Fund is a flagship initiative of the Government of India. It aims to provide long-term financing or refinancing with long tenors at low or nil interest rates […]
57th GST Council Meeting
57th GST Council Meeting: The 57th Goods and Services Tax (GST) Council meeting, chaired by the Union Finance Minister, approved comprehensive procedural and structural reforms to simplify GST registration, refunds, input tax credit, exports and litigation, with most changes expected to take effect from 1st April 2027. Key Outcomes of the 57th GST Council meeting: […]
RBI MPC Raises Repo Rate to 5.50%
RBI MPC Raises Repo Rate to 5.50%: The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) raised the policy repo rate by 25 basis points to 5.50%. Marking its first rate hike since February 2023, the MPC also officially shifted its policy stance to “calibrated tightening” to address persistent inflationary pressures. Alongside the repo […]
India-Ghana Advance Strategic Cooperation
India-Ghana Advance Strategic Cooperation: India’s External Affairs Minister S. Jaishankar visited Ghana to strengthen bilateral cooperation in trade, investment, pharmaceuticals, defence and technology, while deepening engagement with the African Union and ECOWAS. Ghana lies in West Africa on the Gulf of Guinea. It borders Côte d’Ivoire in the west, Burkina Faso in the north and […]
Trade and Development Report 2026
Trade and Development Report 2026: India’s share in global greenfield investments during 2020-25, at 5.7%, is more than double China’s share in such investments during the same period, according to the latest Trade and Development Report 2026 report by UNCTAD. First launched in 1981, it is issued every year by the UN Trade and Development […]
