Category: Economics Current Affairs

AI-powered Machine Vision-Based Inspection Systems (MVIS): Indian Railways and DFCCIL have signed an MoU to deploy AI-powered Machine Vision-Based Inspection Systems (MVIS) for real-time detection of rolling stock defects.MVIS is an AI–ML integrated visual inspection platform developed to monitor and detect defects in freight train rolling stock using high-resolution cameras and computer vision. It automates […]

Das Paise ka Postcard Book Brings Back the Postcard Era: A heartfelt book titled “Das Paise ka Postcard” by S.N. Ahmed, a retired Indian Army officer, was recently launched in Hyderabad. The book reflects on a time when postcards were the main way people stayed in touch. It was released by well-known actor and director […]

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 […]