Economy

Daily UPSC news analysis and updates

All Polity Economy Geography Environment International Relations Defence Art and Culture History Science & Technology Social

S&P Global Upgrades India’s Sovereign Credit Rating

Why in news? After 18 years, rating agency S&P Global upgraded India’s long‑term sovereign credit rating from BBB‑ (the lowest investm...

New Export Promotion Mission

Why in news? The government is preparing to launch a ₹2,250 crore Export Promotion Mission to help Indian businesses navigate global trade...

Record Defence Production

Why in news? The Ministry of Defence announced that India’s defence production has touched a record value of around ₹1.51 lakh crore in ...

Pradhan Mantri E‑Drive Subsidy Scheme

Why in news? The Union government has launched the Pradhan Mantri E‑Drive scheme to promote adoption of electric vehicles (EVs). The initi...

FAO Food Price Index

Why in news? The Food and Agriculture Organization’s (FAO) monthly Food Price Index has shown mixed trends, prompting questions about glob...

Medical Tourism in India

Why in News? Between January and April 2025, India recorded around 131,000 foreign tourist arrivals for medical purposes, signalling a sharp...

Money Laundering via Cryptocurrency

Why in News? The Enforcement Directorate uncovered a ₹260 crore international cyber‑fraud case in which criminals laundered money throug...

Unlocking a US$200 Billion EV Opportunity

Why in news? NITI Aayog released a report in August 2025 outlining how India could unlock a US$200 billion electric‑vehicle market by 2035...

Haat on Wheels Initiative

Why in news? On National Handloom Day (7 August 2025), the Ministry of Textiles launched a mobile marketplace called “Haat on Wheels” to...

Ethanol Blending in India

Why in news? India achieved its target of blending 20 % ethanol (E20) with petrol in March 2025, five years ahead of schedule. The governmen...

India Electric Mobility Index 2024

Why in news? NITI Aayog launched the India Electric Mobility Index (IEMI) 2024 to benchmark states and union territories on their progress i...

Global AI City Index 2025

Why in news? Counterpoint Research released its Global AI City Index 2025, ranking cities worldwide by their artificial intelligence ecosyst...

NPCI revises UPI operational rules

Why in news? The National Payments Corporation of India (NPCI) issued new operational guidelines for the Unified Payments Interface (UPI) ef...

Schemes for Women‑Led Cooperatives

Why in news? To promote economic independence among women, the National Cooperative Development Corporation (NCDC) launched the Swayamshakti...

National Stock Exchange Crosses 23 Crore Trading Accounts

Why in news? The National Stock Exchange of India (NSE) announced in July 2025 that the number of unique trading accounts had surpassed 23 ...

Banking Laws (Amendment) Act 2025

Why in news? The Banking Laws (Amendment) Act 2025 came into force on 1 August 2025. The Act amends several banking statutes to modernise g...

Contractualisation and Productivity in Manufacturing

Why in news? A recent study of Annual Survey of Industries data from 1999–2019 revealed that contract labour in India’s formal manufactu...

IMF Raises India’s Growth Forecast

Why in news? The International Monetary Fund’s July 2025 World Economic Outlook update revised India’s growth forecast upward to 6.4% fo...

Five Years of the National Education Policy 2020

Why in news? The National Education Policy 2020 (NEP 2020) completed five years on 29 July 2025. The Union government marked the anniversary...

Atal Pension Yojana (APY)

Why in news? The Atal Pension Yojana (APY), launched in 2015 to provide pension security to informal workers, celebrated its tenth anniversa...