Category: Economics Current Affairs

District-Level GDP Estimation: India’s economic growth has long been assessed through national and state-level Gross Domestic Product (GDP) estimates, leaving districts (District Domestic Product (DDP) Estimation) overlooked in economic assessments.Prime Minister Narendra Modi has emphasized that to achieve the USD 5 trillion economy target, India must determine district-wise contributions and implement localized development strategies.Current GDP […]

Grant in Aid to NCDC: The Ministry of Cooperation has provided a ₹1,000 crore grant to the National Cooperative Development Corporation (NCDC) to strengthen Cooperative Sugar Mills (CSMs). The grant aims to leverage ₹10,000 crore in financial assistance for ethanol plants, cogeneration units, and working capital support.A financial assistance initiative to support Cooperative Sugar Mills […]

AAHAR 2025: The Agricultural and Processed Food Products Export Development Authority (APEDA) showcased India’s agricultural and processed food excellence at AAHAR 2025, with 95 exhibitors from 17 states and UTs. APEDA (Agricultural and Processed Food Products Export Development Authority) is a statutory body established under the APEDA Act, 1985.It functions under the Ministry of Commerce […]

NGO to create a mini-forest for school students: Pasumai Vidhaigal, an NGO in Kancheepuram district, has planted over 1,000 fruit tree saplings at the Ullavoor government school to create a mini-forest. This initiative promotes environmental awareness among students and encourages community participation. Over the past 10 years, the NGO has distributed 2.7 lakh saplings and […]

Insider Trading: Nestle India recently said it received a warning from the country’s markets regulator for a breach of insider trading regulations “by a designated person of the company”. Insider trading, also known as insider dealing, is the malpractice of selling or buying a company’s securities by the insiders of a company. The Securities and […]

Strategic Bitcoin Reserve: U.S. President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve to position the U.S. as a leader in digital asset storage.The reserve will be capitalized with Bitcoin seized by the U.S. Treasury from criminal and civil forfeiture proceedings, creating a government-backed stockpile of cryptocurrencies.

RBI’s 29th Standing Advisory Committee Meeting on MSME Credit Flow: The Reserve Bank of India (RBI) convened the 29th Meeting of the Standing Advisory Committee (SAC) in Ahmedabad to evaluate and improve credit accessibility for the Micro, Small, and Medium Enterprises (MSME) sectorDeputy Governor Swaminathan J emphasized the crucial role of MSMEs in India’s economic […]

Vikas Kaushal Appointed as HPCL CMD: The government has appointed Vikas Kaushal as the Chairman and Managing Director (CMD) of Hindustan Petroleum Corporation Limited (HPCL) for a tenure of five years. He replaces Rajneesh Narang, who had been serving as the interim CMD since September 1, 2024. Kaushal, a seasoned leader with over three decades […]

Expand Project NAMAN: HDFC Bank, in collaboration with the Indian Army and CSC Academy, has renewed its Memorandum of Understanding (MoU) to expand Project NAMAN—an initiative aimed at supporting Army veterans, their families, and their next of kin. Under this agreement, Common Service Centres (CSCs) will be established across 26 Directorate of Indian Army Veterans […]

SEBI’s Total Income Rises 48% to ₹2,075 Crore in 2023-24: The Securities and Exchange Board of India (SEBI) recorded a 48% year-on-year growth in its total income, reaching ₹2,075 crore in FY 2023-24. The increase was primarily driven by higher earnings from fees and subscriptions. SEBI’s fee income surged significantly compared to the previous fiscal […]