Category: Economics Current Affairs

Eklavya Model Residential Schools: Nearly 600 students from Eklavya Model Residential Schools (EMRS) across 12 states have cleared top entrance examinations for undergraduate studies in medicine and engineering this year, according to the Tribal Affairs Ministry’s performance assessment. It is a flagship intervention of the Ministry of Tribal Affairs, Government of India, to provide quality […]

Kerala Semicircular Classroom: Inspired by the Malayalam film Sthanarthi Sreekuttan, several Kerala schools have adopted a semicircular classroom seating arrangement, breaking away from the traditional row-based system. This shift aims to eliminate student hierarchies and promote inclusion and engagement in learning environments. A semicircular layout places students in an arc, facing the teacher at the […]

PM Modi Sets $20 Billion Trade Target with Brazil by 2030: During a state visit to Brazil on July 9, 2025, Prime Minister Narendra Modi set a bold goal to increase India–Brazil bilateral trade to $20 billion by 2030, up from the current $12.2 billion. Speaking at a Joint Press Conference alongside Brazilian President Luiz […]

India’s banks saw a big rise in extra funds: The liquidity surplus in India’s banking system jumped to over ₹4 trillion, the highest in more than two years. This was mainly due to increased government spending and a large surplus transfer by the Reserve Bank of India (RBI). The RBI also received a strong response […]

Govt Partners with Sri Aurobindo Society to Support Inclusive Education: The Department of Empowerment of Persons with Disabilities (DEPwD) signed an MoU with the Sri Aurobindo Society (SAS) in New Delhi. The agreement aims to promote inclusive education for children with disabilities by providing training and useful tools to teachers and education workers. This step […]

RBI Financial Stability Report, June 2025: India stands out as a beacon of stability and growth. The Reserve Bank of India’s latest Financial Stability Report (FSR), released in June 2025, paints a detailed picture of an economy that is not only expanding but doing so with remarkable strength across its financial sectors. While external risks […]

RBI to Auction Government Bonds Worth ₹25,000 Crore: The Reserve Bank of India (RBI) will hold an auction of two government bonds worth ₹25,000 crore on July 11, 2025. This auction will take place through RBI’s e-Kuber platform at its Mumbai office. These types of bonds are known as dated securities, and they help the […]

SEBI Bans Jane Street: US-based Jane Street, a prominent proprietary trading firm, has been banned by Securities and Exchange Board of India (SEBI) for engaging in manipulative trading practices that disrupted market integrity and resulted in massive illegal profits. Manipulative Trading: Jane Street executed trades in the derivatives (futures) segment not to profit from market […]

PARAKH Rashtriya Sarvekshan Dissemination Portal: The PARAKH Rashtriya Sarvekshan Dissemination Portal was launched. PARAKH Rashtriya Sarvekshan Dissemination Portal provides open access to National and State-level data on student performance. This tool is expected to serve as a key resource for States/UTs to design targeted improvement plans to enhance learning outcomes and bridge skill gaps. PARAKH […]

Reserve Bank of India (Pre-payment Charges on Loans) Directions, 2025: The RBI recently announced Reserve Bank of India (Pre-payment Charges on Loans) Directions, 2025, prohibiting banks and other regulated lenders from charging prepayment penalties on floating-rate loans availed by individuals for non-business purposes. It prohibited banks and other regulated lenders from charging prepayment penalties on […]