Category: Economics Current Affairs

National Mineral Exploration and Development Trust: In its 23rd report on the National Mineral Exploration and Development Trust (NMEDT), the Standing Committee on Coal, Mines and Steel said offshore exploration presents a “significant opportunity” to harness largely untapped seabed minerals. It is set up by the Central Government for the purposes of regional and detailed […]

FIU-IND & SEBI MoU on Financial Crime: The Financial Intelligence Unit-India(FIU) and Securities and Exchange Board of India (SEBI) signed an MoU to strengthen efforts against money laundering and financial crimes. The agreement aims to enhance intelligence sharing, coordination, and enforcement to combat financial crimes and terrorist financing. It enables the sharing of financial intelligence […]

The Lebanon Ceasefire Deal: A U.S.-backed 10-day ceasefire between Israel and Lebanon officially went into effect at midnight on April 17, 2026.It is a temporary cessation of hostilities designed as a goodwill gesture to enable direct peace negotiations between Israel and Lebanon. While not a permanent peace treaty, it marks the first time in decades […]

IMF Cuts Global Growth Outlook: The International Monetary Fund cut its global growth outlook, warning that the world economy is drifting toward a more adverse scenario due to the West Asia conflict, which it cautioned could trigger the largest energy crisis in modern times. The revision is driven by energy price spikes and disruptions in […]

India’s First Chip Fabrication Plant at SEZ Dholera: The Government of India has notified the country’s first semiconductor fabrication plant (fab) at Dholera SEZ, Gujarat, led by Tata Semiconductor Manufacturing Private Limited.It is India’s first semiconductor fabrication (fab) facility, designed to manufacture advanced chips domestically.The project is being developed as a sector-specific Special Economic Zone […]

Rising Labour Protests in India: Factory workers in industrial hubs like Noida and Manesar have launched violent protests over stagnant wages and poor working conditions.Labour protests in India represent a growing friction between the industrial workforce and the state/employer apparatus. Currently, thousands of factory workers are agitating against the decoupling of wages from the rising […]

Bonus Issue : LIC India’s largest insurer, Life Insurance Corporation of India, recently announced the first ever bonus issue. A bonus issue, also known as a scrip issue or a capitalization issue, occurs when a company listed on a stock exchange decides to offer free additional shares to the existing shareholders. The company decides the […]

Deposit Tokens and Asset Tokenisation: As global finance rapidly shifts toward programmable, always-on settlement systems, discussions have emerged on how India can safely modernize its banking sector, highlighting deposit tokens and real-world asset tokenisation as the next evolutionary steps beyond its successful digital public infrastructure (like UPI). These are digital representations of bank deposits issued […]

India’s retail inflation rises to 3.4% in March 2026 : NSO India’s retail inflation edged up to 3.4% in the Month of the March 2026 which compared to 3.21% in February. This data are released by the the National Statistics Office (NSO). The increase in the inflation is moderate but reflects the rising prices of […]

Windfall Tax: Hiked Export Duty The government recently hiked export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel ATF to Rs 42 a litre. A windfall tax is a higher tax levied by the government on specific industries when the industry experiences unexpected and above-average profits due to […]