Category: Economics Current Affairs

India’s First Chip Fabrication Plant at SEZ Dholera: The Government of India has notified the country’s first semiconductor fabrication plant (fab) at Dholera SEZ, Gujarat, led by Tata Semiconductor Manufacturing Private Limited.It is India’s first semiconductor fabrication (fab) facility, designed to manufacture advanced chips domestically.The project is being developed as a sector-specific Special Economic Zone […]

Rising Labour Protests in India: Factory workers in industrial hubs like Noida and Manesar have launched violent protests over stagnant wages and poor working conditions.Labour protests in India represent a growing friction between the industrial workforce and the state/employer apparatus. Currently, thousands of factory workers are agitating against the decoupling of wages from the rising […]

Bonus Issue : LIC India’s largest insurer, Life Insurance Corporation of India, recently announced the first ever bonus issue. A bonus issue, also known as a scrip issue or a capitalization issue, occurs when a company listed on a stock exchange decides to offer free additional shares to the existing shareholders. The company decides the […]

Deposit Tokens and Asset Tokenisation: As global finance rapidly shifts toward programmable, always-on settlement systems, discussions have emerged on how India can safely modernize its banking sector, highlighting deposit tokens and real-world asset tokenisation as the next evolutionary steps beyond its successful digital public infrastructure (like UPI). These are digital representations of bank deposits issued […]

India’s retail inflation rises to 3.4% in March 2026 : NSO India’s retail inflation edged up to 3.4% in the Month of the March 2026 which compared to 3.21% in February. This data are released by the the National Statistics Office (NSO). The increase in the inflation is moderate but reflects the rising prices of […]

Windfall Tax: Hiked Export Duty The government recently hiked export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel ATF to Rs 42 a litre. A windfall tax is a higher tax levied by the government on specific industries when the industry experiences unexpected and above-average profits due to […]

India ranked 3rd globally in RE capacity: India has climbed to the 3rd position globally in renewable energy (RE) installed capacity, surpassing Brazil, according to the Union Ministry of New and Renewable Energy.India has become the world’s third-largest country in installed renewable energy capacity, reflecting its rapid progress in the transition toward a low-carbon and […]

Womaniya: Building Inclusive Market Access for Women Entrepreneurs The Womaniya initiative on the Government e-Marketplace (GeM) was highlighted, for its success in enabling over 2.1 lakh women entrepreneurs to secure orders worth ₹28,000 crore.Launched in 2019 under the Ministry of Commerce & Industry, Womaniya is an inclusion-focused initiative on the GeM platform. It provides a […]

Skills Outcomes Fund: Minister of State for Education, Government of India, has launched a national campaign to establish the Skills Outcomes Fund. It is a first-of-its-kind initiative aimed at unlocking aspirational livelihoods for youth from low-income backgrounds. The fund envisages to mobilise public and private capital to scale outcomes-based financing (OBF) in India’s skilling ecosystem, […]

Indian Council for Cultural Relations:   The Minister of State for External Affairs, attended a community reception in Yangon, Myanmar and underscores Indian Council for Cultural Relations efforts in strengthening cultural ties. It is an autonomous body under the Ministry of External Affairs, Government of India. ICCR was founded in 1950 by Maulana Abul Kalam […]