Annual Licensing Policy for Opium Cultivation for 2025-26: The Union Government has announced the annual licensing policy for opium poppy cultivation in Madhya Pradesh, Rajasthan, and Uttar Pradesh for 2025-26, increasing eligible farmers to 1.21 lakh.The opium poppy (Papaver somniferum L.) is an annual medicinal herb belonging to the Papaveraceae family. It is the primary […]
Category: Economics Current Affairs
Operation Weed Out
Operation Weed Out: The Directorate of Revenue Intelligence (DRI) has seized 108.67 kg of hydroponic weed in less than 20 days under its ongoing “Operation Weed Out” across India. Operation Weed Out is nationwide anti-drug enforcement drive targeting trafficking syndicates smuggling hydroponic cannabis into India. Launched By: Directorate of Revenue Intelligence (DRI) under the Central […]
Pink Tax
Pink Tax: While there are no specific laws in India to address the issue of Pink Tax, the National Consumer Disputes Redressal Commission ruled that companies must follow fair pricing policies and avoid gender-based price discrimination. The Pink tax is neither a real tax nor is it a government-imposed fee. It is a term used […]
Certificate of Deposit
Certificate of Deposit: Issuance of certificates of deposit (CDs) by banks has fallen sharply in the last few months, pushing mutual funds to explore alternative money market instruments such as treasury bills and commercial papers to park funds. Certificate of Deposit (CD) is a fixed-income financial tool that is governed by the Reserve Bank of […]
APEDA Opens First Regional Office in Bihar
APEDA Opens First Regional Office in Bihar: Piyush Goyal inaugurates APEDA’s first Bihar office in Patna, boosting the state’s agri-export potential with global market access for farmers and entrepreneurs.. Bihar’s presence on the global agricultural export map, Union Commerce and Industry Minister Piyush Goyal inaugurated the first regional office of the Agricultural and Processed Food […]
PM Modi To Launch ₹71,000 Cr Projects in 5 States
PM Modi To Launch ₹71,000 Cr Projects in 5 States: PM Modi to inaugurate and lay foundation of projects worth ₹71,000 crore across Mizoram, Manipur, Assam, West Bengal, and Bihar during September 13–15.He will inaugurate and lay foundation stones for development projects worth over ₹71,000 crore, spanning railways, roadways, energy, healthcare, education, and infrastructure. The […]
Retail Inflation Inches Up to 2.07% in August
Retail Inflation Inches Up to 2.07% in August: India’s retail inflation, measured by the Consumer Price Index (CPI), rose to 2.07% in August 2025, up by 46 basis points from the revised 1.61% in July. Despite the increase, the inflation rate remains well below the Reserve Bank of India’s (RBI) 4% target, providing relief for […]
Perpetual Bonds
Perpetual Bonds: Indian Renewable Energy Development Agency Ltd (IREDA) recently said it has raised ₹453 crore at 7.70% per annum through its second issue of Perpetual Bonds, a step that strengthens its capital base for financing green energy projects. It is a fixed-income security that has no maturity date and theoretically pays interest forever. The […]
All India Debt and Investment Survey (AIDIS) & Situation Assessment Survey
All India Debt and Investment Survey (AIDIS) & Situation Assessment Survey: The All India Debt and Investment Survey (AIDIS) and the Situation Assessment Survey (SAS) of Agricultural Households are scheduled to be conducted from July 2026 to June 2027. The AIDIS is one of India’s most significant surveys on household finance. Its origins go back […]
FSIB Selects Ravi Ranjan for SBI Managing Director Position
FSIB Selects Ravi Ranjan for SBI Managing Director Position: The Financial Services Institutions Bureau (FSIB), the headhunter for top leadership roles in state-owned banks and financial institutions, has recommended Ravi Ranjan for the prestigious position of Managing Director (MD) of the State Bank of India (SBI). This recommendation marks a significant step in the leadership […]
