Category: Economics Current Affairs

Centre Notifies Unified Pension Scheme Rules Under NPS: The Central Government of India has formally notified the Unified Pension Scheme (UPS) rules under the National Pension System (NPS), marking a key milestone in the evolution of public sector pension reforms. The newly issued Central Civil Services (Implementation of the Unified Pension Scheme under the NPS) […]

UIDAI Records 221 Crore Aadhaar Authentications in August 2025: The Unique Identification Authority of India (UIDAI) recorded an impressive 221 crore Aadhaar authentication transactions in August 2025, signaling India’s accelerated shift toward digital governance and secure identity verification. This record-breaking number highlights the central role Aadhaar continues to play in facilitating welfare schemes, enhancing e-governance, […]

DPIIT and ICICI Bank Join Hands to Boost Startups: The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with ICICI Bank to extend targeted support to DPIIT-recognised startups across India. The partnership, formalized on September 4, 2025, is hosted under the Startup India initiative and is designed […]

Securities Appellate Tribunal: US-based trading firm Jane Street Group recently filed an appeal in the Securities Appellate Tribunal (SAT) against the Securities and Exchange Board of India (SEBI) in the alleged market manipulation case. The SAT is a statutory body established under the Securities and Exchange Board of India Act, 1992. As a quasi-judicial body, […]

Unique Disability ID (UDID) Card: Less than 40% of India’s projected population of Persons with Disabilities (PwDs) have been issued a Unique Disability ID (UDID) Card, which enables access to government benefits, data show. A UDID card is a single document of identification for Persons with Disabilities (PwDs). It is the universal ID that is […]

Equity Derivatives : SEBI SEBI has come out with a new framework for monitoring intraday positions in equity index derivatives, a move aimed at preventing risks caused by large exposures. Derivatives are financial contracts that derive value from an underlying asset. Derivatives allow traders to bid on the direction of the underlying asset’s price change […]

GST Rate Cuts 2025: The government has announced major GST rate cuts in 2025, making essentials, healthcare, education, and even automobiles more affordable. From daily-use goods to farming equipment and electronics. Highlights: Hair Oil, Shampoo, Toothpaste, Toilet Soap Bar, Tooth Brushes, Shaving Cream From 18% To 5% Butter, Ghee, Cheese & Dairy Spreads  From 12% […]

FDI in India Rises 15% in Q1 FY26: India recorded a 15% rise in Foreign Direct Investment (FDI) during April–June FY26, with inflows reaching USD 18.62 billion compared to USD 16.17 billion in the same period last year. The United States emerged as the largest source of FDI, nearly tripling its investments despite tariff disputes. […]

56th GST Council Meeting: The 56th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman on 3rd September 2025 in New Delhi, marked one of the most significant overhauls of India’s indirect tax system since its inception in 2017. The meeting, which continues till 4th September, focused on next-generation GST reforms, with an emphasis […]

IIT-Madras Tops NIRF Rankings 2025: The National Institutional Ranking Framework (NIRF) 2025, released by the Ministry of Education on September 4, has once again reaffirmed IIT-Madras as India’s leading educational institution. For the seventh year in a row, IIT-Madras secured the top position in the overall category, followed by the Indian Institute of Science (IISc) […]