Jio Payments Bank Introduces “Savings Pro” Earn Up to 6.5%: Jio Payments Bank has launched a new facility called Savings Pro, designed to help account holders earn significantly higher returns on funds that would otherwise lie idle. Rather than keeping surplus funds in a savings account earning minimal interest, Savings Pro allows users to set […]
Category: Economics Current Affairs
Project Vijayak
Project Vijayak: The Project Vijayak of the Border Roads Organisation (BRO) celebrated its 15th Raising Day at Kargil, Ladakh. Project Vijayak was launched by the Border Roads Organisation in It drew its name from Operation Vijay, signifying the congruence between the Theatre of Battle and the Project Area of Responsibility. It was entrusted with the […]
State Finances Publication 2025 By CAG
State Finances Publication 2025 By CAG: The CAG’s State Finances Publication 2025 reported that states’ salary bills have risen 2.5x in 10 years to ₹16.6 lakh crore, while public debt has surged 3.4x to ₹59.6 lakh crore.It Is an annual publication by the Comptroller & Auditor General (CAG) assessing states’ finances, debt, revenue, and expenditure […]
PM Modi Launches Next-Generation GST Reforms
PM Modi Launches Next-Generation GST Reforms: Prime Minister Narendra Modi addressed the nation on 21 September 2025, unveiling Next-Generation GST reforms that come into effect from 22 September. Announcing the beginning of a “GST Bachat Utsav”, the Prime Minister emphasized that the new system will enhance savings for households, reduce costs of essential goods, and […]
Surajpur district in Chhattisgarh has declared 75 village panchayats as Child Marriage-Free
Surajpur district in Chhattisgarh has declared 75 village panchayats as Child Marriage-Free: Surajpur district in Chhattisgarh has declared 75 village panchayats as “Child Marriage-Free”, marking a major milestone in the fight against child marriage. A district-level social reform initiative aimed at eliminating child marriage through awareness, community participation, and strict monitoring. Recognized as a model […]
Bima Sugam Portal : Officially Announced The Launch
Bima Sugam Portal: Officially Announced The Launch The Insurance Regulatory and Development Authority of India has officially announced the launch of the much-awaited Bima Sugam portal. Bima Sugam Portal: It is a unified digital marketplace for insurance, designed to bring insurers, intermediaries, and customers onto a single platform. It is backed by the Life Insurance […]
India’s Unemployment Rate Falls to 5.1%
India’s Unemployment Rate Falls to 5.1%: India’s job market showed encouraging signs in August 2025, with the country’s overall unemployment rate declining to 5.1%, according to the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI). This marks the second consecutive monthly decline, down from 5.6% in June and […]
RBI Sets Up Regulatory Review Cell
RBI Sets Up Regulatory Review Cell: The Reserve Bank of India (RBI) has constituted a Regulatory Review Cell (RRC). This cell will undertake systematic, periodic reviews of existing regulations every five to seven years, starting from October 1, 2025. The initiative also includes the formation of an independent Advisory Group on Regulation (AGR) comprising external […]
UPI Increases Daily P2M Limit to ₹10 Lakh
UPI Increases Daily P2M Limit to ₹10 Lakh: The National Payments Corporation of India (NPCI) has revised the Unified Payments Interface (UPI) limits for Person-to-Merchant (P2M) payments. The revision, effective from 15 September 2025, aims to ease large transactions in sectors like insurance, investments, and government marketplaces. This update is seen as a step towards […]
India to Remain Fastest-Growing Major Economy in 2025
India to Remain Fastest-Growing Major Economy in 2025: India continues to outshine other major economies with a robust GDP growth projection of 6.5% for the current fiscal year. According to a recent report by Standard and Poor’s (S&P), the American credit rating agency, India is set to remain the fastest-growing major economy globally in FY […]
