India’s Private Capex Revival: India’s private sector capital expenditure (Capex), often regarded as the missing pillar of the country’s post-pandemic growth story, is witnessing a strong revival. Reserve Bank of India (RBI) data showing industrial credit growth of 19.2% year-on-year (YoY) in June 2026, up from 6.3% a year earlier, signals a transition from public […]
Category: Economics Current Affairs
Scheme of Venture Capital Fund for Scheduled Castes
Scheme of Venture Capital Fund for Scheduled Castes: The Scheme of Venture Capital Fund for Scheduled Castes is enabling Scheduled Caste entrepreneurs to establish technology-driven manufacturing enterprises, generate quality employment and contribute to India’s vision of self-reliance. It was launched in 2014-15 by the Ministry of Social Justice and Empowerment. Purpose is to provide concessional […]
Bank of Baroda Data Breach on Dark Web
Bank of Baroda Data Breach on Dark Web: Public sector lender Bank of Baroda (BoB) has initiated a forensic investigation following an alleged data breach that reportedly leaked around 1 TB of customer-related data onto the dark web, raising fresh concerns over cybersecurity in the banking sector. The bank stated that its core banking systems […]
National Film Development Corporation of India
National Film Development Corporation of India: The National Film Development Corporation has officially opened entries for the 57th International Film Festival of India (IFFI) scheduled to take place in Goa from November 20 to 28, 2026. It is a specialised organization set up by the Government of India to promote the growth and development of […]
Central Reserve Police Force
Central Reserve Police Force: The Lok Sabha Speaker extended greetings to all the soldiers, officers, and their families on the Foundation Day of the Central Reserve Police Force (CRPF). It is a premier central police force of the Union of India, entrusted with the critical task of maintaining internal security. It functions under the authority […]
Electronic Gold Receipt
Electronic Gold Receipt: India’s Electronic Gold Receipt (EGR) ecosystem has come into focus as the country’s Gold Exchange promotes transparent, standardized, and exchange-based trading of physical gold. By digitising ownership while retaining the option of physical delivery, EGRs are modernising India’s bullion market and strengthening investor confidence. The Securities and Exchange Board of India (SEBI)-regulated […]
India Allows FDI in Inventory-Based E-Commerce Model for Exports
India Allows FDI in Inventory-Based E-Commerce Model for Exports: The government has revised the Foreign Direct Investment policy to permit foreign-funded e-commerce entities to maintain inventories exclusively for exporting goods manufactured or produced in India. Foreign-owned e-commerce companies can now own and manage inventory in India, provided the goods are domestically produced and sold only […]
Mission Golden Spice
Mission Golden Spice: The Union Minister for Communications and Development of North Eastern Region (MDoNER) launched the Mission Golden Spice. Mission Golden Spice is an integrated Lakadong Turmeric Value Chain Enhancement Project. It is a convergence-led initiative for turmeric cultivation and value-chain development in the State of Meghalaya. Time Period: Five-year roadmap (2025–2030) It is […]
India’s Rising Inflation
India’s Rising Inflation: India’s Wholesale Price Index (WPI) inflation has surged to around 10%, marking its sharpest rise in over a decade (excluding the Covid-19 period). The spike has reignited concerns over inflation, with rising fuel, power, and manufactured goods prices emerging as the primary drivers rather than excessive consumer demand. India’s headline Consumer Price […]
Polymer Currency Notes
Polymer Currency Notes: The Reserve Bank of India (RBI) is actively reviving a decade-old plan to introduce polymer (plastic) currency notes.The Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly-owned subsidiary of the RBI, issued a global Expression of Interest (EOI) for the supply of Biaxially Oriented Polypropylene (BOPP)-based polymer substrate.This marks a significant […]
