Prime Minister Released 23rd Instalment of PM-KISAN: The Prime Minister released over ₹18,880 crore as the 23rd instalment of PM-KISAN in West Bengal. Nearly 9.44 crore eligible farmers, including more than 2.18 crore women farmers, received assistance through the Direct Benefit Transfer (DBT) system under the PM KISAN Utsav Diwas. PM-KISAN is a Central Sector […]
Category: Economics Current Affairs
NAFED’s digital auction portal ‘NAFEX.in’
NAFED’s digital auction portal ‘NAFEX.in’: Union Home Minister will launch NAFED’s digital auction portal ‘NAFEX.in’ in New Delhi to modernize agricultural auctions and improve transparency in cooperative marketing.NAFEX.in is a digital agricultural auction platform developed by the National Agricultural Cooperative Marketing Federation of India (NAFED).It provides an online, transparent, and technology-driven mechanism for conducting auctions […]
Financial Action Task Force
Financial Action Task Force: India has been elected to the Vice-Presidency of the Financial Action Task Force (FATF) for the first time. Financial Action Task Force is an independent intergovernmental body that develops and promotes policies to protect the global financial system against money laundering and terrorist financing. It was established in 1989 during the […]
Turquoise Nexus Initiative
Turquoise Nexus Initiative: Turkey’s Presidency of 2026 UNFCCC COP31 and Food and Agriculture Organization (FAO) have introduced the Turquoise Nexus Initiative (TNI). Turquoise Nexus Initiative is aimed at integrating food security, water management and climate adaptation into national climate plans. It is unveiled by Turkey’s upcoming COP31 Presidency and Food and Agriculture Organization. It will […]
Three-Language Formula and Nagaland’s Linguistic Challenge
Three-Language Formula and Nagaland’s Linguistic Challenge: The Association of Unaided CBSE Schools in Nagaland has expressed concerns over the Central Board of Secondary Education’s (CBSE) mandate to implement the Three-Language Formula under National Education Policy (NEP) 2020. The association has termed the policy “not viable” for the state due to its unique linguistic demographic and […]
Development Policy Financing
Development Policy Financing: The World Bank’s Board of Executive Directors approved $1.5 billion financing to India under the Development Policy Financing (DPF) Operation. Development Policy Financing provides rapidly disbursing financing to help a borrower address actual or anticipated development financing requirements. It supports borrowers in achieving poverty reduction and climate-friendly sustainable and inclusive growth through […]
World Gold Council
World Gold Council: The World Gold Council’s (WGC) 2026 Central Bank Gold Reserves (CBGR) survey indicated that the central banks around the world would accumulate more gold in the future. World Gold Council is a nonprofit association of the world’s leading gold producers formed in 1987. It is a market development organization for the gold […]
Farm Loan Waivers in India
Farm Loan Waivers in India: In a striking fiscal paradox, the Tamil Nadu government announced a full waiver of cooperative crop loans up to Rs 75,000 for farmers even as its recently released White Paper on Fiscal Management revealed a mounting debt burden of Rs 13.18 lakh crore. The development has reignited the debate over […]
RBI’s Record Surplus Transfer
RBI’s Record Surplus Transfer: The Reserve Bank of India (RBI) approved a record Rs 2.87 lakh crore surplus transfer to the Union Government for FY26, surpassing the previous record of Rs 2.11 lakh crore. While consistent with the Economic Capital Framework (ECF), the unprecedented scale of transfers has sparked debate on the RBI’s evolving role […]
Arbitrage Funds
Arbitrage Funds: Arbitrage (arb) funds are positioned to take advantage of the mispricing in futures contracts. Arbitrage funds are equity-oriented hybrid funds that leverage arbitrage opportunities in the market. The basic principle behind arbitrage is to take advantage of temporary price differences to generate profits with minimal risk. These can be a pricing mismatch between […]
