Category: Economics Current Affairs

Surajpur district in Chhattisgarh has declared 75 village panchayats as Child Marriage-Free: Surajpur district in Chhattisgarh has declared 75 village panchayats as “Child Marriage-Free”, marking a major milestone in the fight against child marriage. A district-level social reform initiative aimed at eliminating child marriage through awareness, community participation, and strict monitoring. Recognized as a model […]

Bima Sugam Portal: Officially Announced The Launch The Insurance Regulatory and Development Authority of India has officially announced the launch of the much-awaited Bima Sugam portal. Bima Sugam Portal: It is a unified digital marketplace for insurance, designed to bring insurers, intermediaries, and customers onto a single platform. It is backed by the Life Insurance […]

India’s Unemployment Rate Falls to 5.1%: India’s job market showed encouraging signs in August 2025, with the country’s overall unemployment rate declining to 5.1%, according to the Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI). This marks the second consecutive monthly decline, down from 5.6% in June and […]

RBI Sets Up Regulatory Review Cell: The Reserve Bank of India (RBI) has constituted a Regulatory Review Cell (RRC). This cell will undertake systematic, periodic reviews of existing regulations every five to seven years, starting from October 1, 2025. The initiative also includes the formation of an independent Advisory Group on Regulation (AGR) comprising external […]

UPI Increases Daily P2M Limit to ₹10 Lakh: The National Payments Corporation of India (NPCI) has revised the Unified Payments Interface (UPI) limits for Person-to-Merchant (P2M) payments. The revision, effective from 15 September 2025, aims to ease large transactions in sectors like insurance, investments, and government marketplaces. This update is seen as a step towards […]

India to Remain Fastest-Growing Major Economy in 2025: India continues to outshine other major economies with a robust GDP growth projection of 6.5% for the current fiscal year. According to a recent report by Standard and Poor’s (S&P), the American credit rating agency, India is set to remain the fastest-growing major economy globally in FY […]

Annual Licensing Policy for Opium Cultivation for 2025-26: The Union Government has announced the annual licensing policy for opium poppy cultivation in Madhya Pradesh, Rajasthan, and Uttar Pradesh for 2025-26, increasing eligible farmers to 1.21 lakh.The opium poppy (Papaver somniferum L.) is an annual medicinal herb belonging to the Papaveraceae family. It is the primary […]

Operation Weed Out: The Directorate of Revenue Intelligence (DRI) has seized 108.67 kg of hydroponic weed in less than 20 days under its ongoing “Operation Weed Out” across India. Operation Weed Out is nationwide anti-drug enforcement drive targeting trafficking syndicates smuggling hydroponic cannabis into India. Launched By: Directorate of Revenue Intelligence (DRI) under the Central […]

Pink Tax: While there are no specific laws in India to address the issue of Pink Tax, the National Consumer Disputes Redressal Commission ruled that companies must follow fair pricing policies and avoid gender-based price discrimination. The Pink tax is neither a real tax nor is it a government-imposed fee. It is a term used […]

Certificate of Deposit: Issuance of certificates of deposit (CDs) by banks has fallen sharply in the last few months, pushing mutual funds to explore alternative money market instruments such as treasury bills and commercial papers to park funds. Certificate of Deposit (CD) is a fixed-income financial tool that is governed by the Reserve Bank of […]