Category: Economics Current Affairs

Srinivas Injeti Appointed Chairperson of NSE Governing Board with SEBI Approval: Development for India’s financial regulatory landscape, retired IAS officer Srinivas Injeti has been appointed as the Chairperson of the Governing Board of the National Stock Exchange (NSE). The appointment, cleared by the Securities and Exchange Board of India (SEBI), underscores a strategic move to […]

PM Modi Announces ₹1,200 Cr Aid for Uttarakhand Floods: In response to the severe damage caused by cloudbursts, incessant rains, and landslides in Uttarakhand, Prime Minister Narendra Modi conducted a high-level review of the disaster situation in Dehradun and announced a ₹1,200 crore relief package for the state. This financial aid comes as a crucial […]

SPREE 2025: The Employees’ State Insurance Corporation (ESIC) has launched two major initiatives- SPREE-2025 and the AMNESTY Scheme, aimed at strengthening the social security framework and simplifying compliance for industries. The SPREE-2025 (Scheme for Promoting Registration of Employers and Employees) approved by the ESIC, aims to expand social security coverage under the ESI Act,1948. Active […]

Decentralised Finance (DeFi): The DeFi boom has raised national security concerns, with experts warning of its misuse for terror financing and money laundering. Decentralised Finance (DeFi) is a blockchain-based financial system that allows people to save, borrow, invest, and transact without traditional banks. Works through smart contracts, decentralised apps (DApps), and peer-to-peer networks.Rooted in the […]

Universal Postal Congress: The 28th Universal Postal Congress, the supreme decision-making body of the Universal Postal Union (UPU), opened recently. Universal Postal Congress is a United Nations specialized agency and the postal sector’s primary forum for international cooperation. It was established by the Treaty of Bern of 1874. It is the second oldest international organization […]

Himachal Pradesh Declared ‘Fully Literate’ State: The declaration was made on the occasion of International Literacy Day on 8th September, under the ULLAS program. Himachal Pradesh has become the fourth state to achieve full functional literacy, joining Tripura, Mizoram, and Goa in this significant milestone. In June 2024, Ladakh was declared the first Union Territory […]

IEPFA Celebrates 9th Foundation Day with National Round Table: The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, celebrated its 9th Foundation Day on September 8, 2025, in New Delhi. The event featured a Round Table Conference on the theme “Claiming the Unclaimed: Unlocking the Potential of Idle Financial Assets […]

PM Modi Announces ₹1,600 Crore Relief for Flood‑Hit Punjab: Devastating floods and cloudbursts across Punjab, Prime Minister Narendra Modi conducted an aerial survey of the affected regions and chaired a high-level review meeting in Gurdaspur. Following the assessment, he announced a significant financial assistance package of ₹1,600 crore, further strengthening the state’s ongoing relief and […]

Balance of Payments: India has emerged as the world’s fastest-growing major economy, recording an average annual GDP growth of 8.2% from 2021 to 2024, outpacing countries like Vietnam, China, and the United States. Despite strong growth, India faces low net foreign capital inflows, reflecting a gap between GDP expansion and investor sentiment in its Balance […]

PNB Signs ₹21,000 Cr MoU with Rajasthan for Growth Push: Punjab National Bank (PNB) has signed a ₹21,000 crore Memorandum of Understanding (MoU) with the Rajasthan government under the Rising Rajasthan initiative. The partnership aims to accelerate socio-economic growth, focusing on MSMEs, women entrepreneurs, and digital financial inclusion across the state. The MoU was signed […]