Economy Current Affairs
RBI decisions, budget and banking news, indices, GDP figures and economic surveys.
130 updates filed under Economy.
26 October 20261 update
- Economy
Andhra Pradesh Notifies Industrial Development Policy 4.0 (2024–29) Mandating 21-Day Clearances Under 'Speed of Doing Business'
The Andhra Pradesh Department of Industries and Commerce formally notified the landmark 'Andhra Pradesh Industrial Development Policy 4.0 (2024–29)', signalling a structural transition from conventional 'Ease of Doing Business' metrics to a time-bound 'Speed of Doing Business' governance charter.
24 October 20261 update
- Economy
CII Partnership Summit 2026: Andhra Pradesh Attracts ₹3.82 Lakh Crore Investment Proposals at Visakhapatnam
The Confederation of Indian Industry (CII) Partnership Summit 2026, hosted by Andhra Pradesh at Visakhapatnam, concluded with investment proposal commitments worth ₹3.82 lakh crore across 340+ Memoranda of Understanding. Chief Minister N. Chandrababu Naidu presided over the flagship event attended…
21 October 20263 updates
- Economy
SEBI notifies Mutual Fund Lite regulations for passive funds and launches new ₹10 Lakh investment asset class
The Securities and Exchange Board of India (SEBI) notified a dual regulatory reform package on Tuesday, introducing the 'Mutual Fund Lite' (MF Lite) framework for passive index schemes alongside a new Specialized Investment Fund asset class.
- Economy
NSSO Periodic Labour Force Survey reports unemployment rate at 3.2% as female labour participation surges to 41.7%
The National Sample Survey Office (NSSO), under the Ministry of Statistics and Programme Implementation (MoSPI), released the Annual Periodic Labour Force Survey (PLFS) report on Tuesday showing the national Unemployment Rate (UR) in Usual Status for persons aged 15 years and above at 3.2%.
- Economy
Reserve Bank of India rolls out Unified Lending Interface to transform frictionless rural and MSME credit delivery
The Reserve Bank of India (RBI) formally operationalized the nationwide rollout of the 'Unified Lending Interface' (ULI) on Tuesday, establishing a plug-and-play digital public infrastructure to deliver frictionless credit to smallholder farmers and MSMEs.
20 October 20265 updates
- Economy
Ministry of Tourism publishes India Tourism Statistics 2026 recording surge in foreign arrivals and forex earnings
The Ministry of Tourism published the official 'India Tourism Statistics 2026' compendium on Monday, confirming that Foreign Tourist Arrivals (FTAs) have crossed 9.2 million while Foreign Exchange Earnings (FEE) surged past ₹2.42 Lakh Crore.
- Economy
Union Cabinet approves ₹15,000 Crore National Critical Minerals Mission to secure strategic global assets
The Union Cabinet approved the establishment of the ₹15,000 Crore National Critical Minerals Mission (NCMM) on Monday, creating a sovereign institutional vehicle to secure domestic and international supply chains for clean-tech raw materials.
- Economy
Reserve Bank of India mandates Legal Entity Identifier for all NEFT and RTGS transactions above ₹50 Crore
The Reserve Bank of India (RBI) issued an enforcement circular on Monday making the 20-digit Legal Entity Identifier (LEI) mandatory for all high-value transactions of ₹50 Crore and above executed through NEFT and RTGS systems.
- Economy
Ministry of Commerce reports agricultural and processed food exports touch record $26.8 Billion
The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, confirmed on Monday that India’s agricultural and processed food exports touched a record $26.8 Billion during the first half of the current fiscal year.
- Economy
Centre and Andhra Pradesh finalize ₹2,800 Crore Infrastructure Package for Orvakal Industrial Hub in Kurnool
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, in collaboration with the Government of Andhra Pradesh, has finalized a ₹2,800-crore infrastructure development master plan for the Orvakal Mega Industrial Node under the Hyderabad–Bengaluru…
19 October 20263 updates
- Economy
Ministry of Power announces milestone of 100,000 circuit kilometres of transmission lines under Green Energy Corridors
The Ministry of Power alongside Power Grid Corporation of India Limited (POWERGRID) announced on Monday that the construction of high-voltage transmission lines under the Green Energy Corridor (GEC) and Inter-State Transmission System (ISTS) has crossed the landmark threshold of 100,000 circuit…
- Economy
Reserve Bank of India mandates Climate-Related Financial Disclosures framework for commercial banks
The Reserve Bank of India (RBI) issued a comprehensive regulatory framework on Monday mandating standardized Climate-Related Financial Disclosures for Scheduled Commercial Banks and top-tier NBFCs to insulate the domestic banking sector against climate transition shocks.
- Economy
Ministry of Statistics reports Index of Industrial Production expands by 5.8% led by capital goods and mining
The National Statistical Office (NSO), operating under the Ministry of Statistics and Programme Implementation (MoSPI), released official Index of Industrial Production (IIP) data on Monday showing India's industrial output expanding by a robust 5.8% year-on-year.
18 October 20268 updates
- Economy
Ministry of Mines launches fifth tranche auction of 21 critical and strategic mineral blocks across five States
The Ministry of Mines launched the fifth commercial tranche of electronic auctions for 21 critical and strategic mineral blocks on Sunday, accelerating domestic raw material self-reliance for clean energy and high-tech manufacturing.
- Economy
Central Board of Direct Taxes reports milestone with over 75 million Income Tax Returns filed for AY 2026-27
The Central Board of Direct Taxes (CBDT), operating under the Department of Revenue, Ministry of Finance, confirmed on Sunday that cumulative Income Tax Returns (ITR) filed for Assessment Year 2026–27 have crossed the landmark threshold of 75 million (7.5 Crore).
- Economy
Reserve Bank of India issues binding Master Directions on cyber resilience and IT risk for Urban Co-operative Banks
The Reserve Bank of India (RBI) issued comprehensive binding Master Directions on Cyber Resilience and IT Governance on Sunday for all Primary (Urban) Co-operative Banks (UCBs) nationwide under the Banking Regulation Act 1949.
- Economy
Ministry of Commerce reports 6.8% merchandise export expansion as trade deficit narrows to five-month low
The Ministry of Commerce and Industry released comprehensive monthly foreign trade statistics on Sunday showing India’s merchandise exports expanding by 6.8% year-on-year, driven by robust outbound shipments of electronics, engineering goods, and pharmaceuticals.
- Economy
Ministry of Heavy Industries notifies guidelines for ₹10,900 Crore PM E-DRIVE scheme to accelerate EV adoption
The Ministry of Heavy Industries (MHI) notified the comprehensive operational guidelines on Sunday for the ₹10,900 Crore flagship 'PM Electric Drive Revolution in Innovative Vehicle Enhancement' (PM E-DRIVE) scheme, accelerating domestic electric vehicle ecosystem growth.
- Economy
Ministry of New and Renewable Energy announces PM Surya Ghar scheme crosses 1.5 million rooftop solar installations
The Ministry of New and Renewable Energy (MNRE) announced on Sunday that the flagship 'PM Surya Ghar: Muft Bijli Yojana' has surpassed the benchmark milestone of 1.5 million operational residential rooftop solar installations across India.
- Economy
Reserve Bank of India grants authorisations for cross-border Payment Aggregators boosting MSME export remittances
The Reserve Bank of India (RBI) granted full regulatory authorisations on Sunday to four premier fintech institutions to operate as online Payment Aggregators (PA) and Payment Aggregators-Cross Border (PA-CB) under the Payment and Settlement Systems Act 2007.
- Economy
Ministry of Statistics releases retail inflation metrics as core inflation moderates to 3.4% within RBI target band
The National Statistical Office (NSO), operating under the Ministry of Statistics and Programme Implementation (MoSPI), released official Consumer Price Index (CPI) metrics on Sunday showing annual headline retail inflation steady at 4.2%, with non-food, non-energy core inflation moderating to 3.4%.
17 October 20264 updates
- Economy
Ministry of Coal registers 18% growth in coal despatches to thermal power utilities bolstering energy reserves
The Ministry of Coal announced on Saturday that cumulative dry-fuel despatches to thermal power utilities registered an impressive 18% year-on-year growth during the first half of the current fiscal year, reinforcing national power generation security.
- Economy
RBI issues regulatory framework for tokenisation of cross-border card transactions to curb cyber fraud
The Reserve Bank of India (RBI) issued an extensive regulatory framework on Saturday extending Card-on-File Tokenisation (CoFT) protocols to cross-border e-commerce transactions, bolstering consumer security in international digital payments.
- Economy
NITI Aayog releases State Energy and Climate Index 2.0 benchmarking sub-national green transition
NITI Aayog unveiled the comprehensive State Energy and Climate Index (SECI 2.0) on Saturday, benchmarking Indian States and Union Territories across clean energy transition, distribution grid efficiency, and decarbonisation readiness.
- Economy
DPIIT Startup India Seed Fund Scheme disburses over ₹1,200 Crore fostering tier-2 and tier-3 startups
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, announced on Saturday that cumulative capital disbursements under the Startup India Seed Fund Scheme (SISFS) have crossed the landmark threshold of ₹1,200 Crore.