Category: INDIAN ECONOMY

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Government announces measures to deepen the G-Sec market and facilitate greater Foreign Portfolio Investment (FPI)

Source: PIBSubject: Economy Context: The Ministry of Finance announced a sweeping set of capital market reforms aimed at deepening the Government Securities (G-Sec) market and accelerating Foreign Portfolio Investment (FPI) into equities. Government announces measures to deepen the G-Sec market and facilitate greater Foreign Portfolio Investment (FPI) About Government announces measures to deepen the G-Sec …

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The Price Stabilization Fund for Scheduled Indian Airlines

Source: TPSubject: Economy Context: The Union Cabinet has approved a one-time budgetary support package not exceeding ₹10,000 crore to establish a Price Stabilization Fund for Aviation Turbine Fuel (ATF). The Price Stabilization Fund for Scheduled Indian Airlines About The Price Stabilization Fund for Scheduled Indian Airlines: What It Is? The Price Stabilization Fund for Scheduled …

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PrelimsBase Year of Wholesale Price Index Revised from 2011–12 to 2022–23 Source: PIB Context: The Ministry of Commerce and Industry announced the revision of the Wholesale Price Index (WPI) base year from 2011–12 to 2022–23, alongside the gradual phasing out of WPI. Base Year of Wholesale Price Index Revised from 2011–12 to 2022–23 About Base …

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MSME Ministry Upgrades NSIC to Schedule ‘A’ Category CPSE

Source: PIB Subject: Economy Context: The Ministry of MSME has upgraded the National Small Industries Corporation (NSIC) from a Schedule ‘B’ to a Schedule ‘A’ Central Public Sector Enterprise (CPSE), recognizing its consistent Excellent performance. About MSME Ministry Upgrades NSIC to Schedule ‘A’ Category CPSE: What are Category CPSE? Central Public Sector Enterprises (CPSEs) are …

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Double Taxation Avoidance Convention (DTAC)

Source:  PIB Subject:  Economy Context: India and France have signed an Amending Protocol to update their 1992 Double Taxation Avoidance Convention (DTAC) to align with international tax standards. About Double Taxation Avoidance Convention (DTAC): What it is? A Double Taxation Avoidance Convention (also known as a DTAA or Tax Treaty) is a bilateral agreement between …

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National Monetisation Pipeline 2.0 (NMP 2.0)

Source:  PIB Subject:  Economy Context: Union Finance Minister has launched the National Monetisation Pipeline 2.0 (NMP 2.0) to accelerate infrastructure financing through asset monetisation. About National Monetisation Pipeline 2.0 (NMP 2.0): What it is? NMP 2.0 is the second phase of India’s national asset monetisation programme that provides a medium-term roadmap for monetising operational public …

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Sahakar Taxi Cooperative Limited

Source:  TH Subject:  Economy Context: Union Home and Cooperation Minister formally launched ‘Bharat Taxi’, India’s first cooperative-based taxi service, aimed at transforming the unorganised taxi sector into an ownership-driven model for drivers. About Sahakar Taxi Cooperative Limited: What it is? Sahakar Taxi Cooperative Limited is a multi-state cooperative society registered under the Multi-State Cooperative Societies …

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Petroleum and Natural Gas Regulatory Board (PNGRB)

Source: DD News Subject: Economy Context: The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved new guidelines for the injection of Compressed Biogas (CBG) into Natural Gas Pipeline (NGPL) and City Gas Distribution (CGD) networks. About Petroleum and Natural Gas Regulatory Board (PNGRB): What it is? PNGRB is a statutory regulatory body responsible for …

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India, UK Sign Social Security Agreement for Temporary Employees

Source:  News on Air Subject:  Economy Context: India and the United Kingdom have signed a Social Security Agreement (SSA) to prevent double social security contributions for employees on short-term assignments. About India, UK Sign Social Security Agreement for Temporary Employees: What is the Agreement? India and the United Kingdom have signed a reciprocal Social Security …

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B-READY Assessment

Source: PIB Subject: Economy/Miscellaneous Context: The inclusion of India in the Business Ready (B-READY) 2026 assessment has renewed attention on India’s business reform trajectory. About the B-READY Assessment: What is B-READY? World Bank Group’s Business Ready (B-READY) is a global benchmarking exercise designed to assess the business and investment climate across economies. It replaces the …

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United States–India Interim Trade Agreement

Source:  PIB Subject:  Economy/International Relations Context: India and the United States have announced a framework for a United States–India Interim Trade Agreement, marking a major breakthrough in reciprocal market access and tariff realignments. About United States–India Interim Trade Agreement: What it is? The U.S.–India Interim Trade Agreement is a temporary, outcome-oriented trade framework designed to …

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SBI launches ‘CHAKRA’ Centre of Excellence

Source: IE Subject: Economy Context: State Bank of India (SBI) has launched ‘CHAKRA’, a dedicated Centre of Excellence (CoE) to strengthen financing for eight critical sunrise sectors. About SBI launches ‘CHAKRA’ Centre of Excellence: What is CHAKRA? CHAKRA (Centre of Excellence) is a knowledge-led institutional platform created by SBI to enhance its capability in financing …

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Union Budget 2026–27: Record Defence Outlay with Strong Push for Indigenisation

Source:  TH Subject:  Security/ Economy Context: In the Union Budget 2026–27, Finance Minister Nirmala Sitharaman announced a record ₹7.85 lakh crore allocation for defence, the highest ever. About Union Budget 2026–27: Record Defence Outlay with Strong Push for Indigenisation: What it is? The defence allocation for 2026–27 represents a strategic fiscal push to modernise the …

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Export Preparedness Index (EPI) 2024

Source: PIB Subject: Economy Context: NITI Aayog has released the Export Preparedness Index (EPI) 2024 to assess how ready Indian States and UTs are to drive India’s export-led growth. About Export Preparedness Index (EPI) 2024: What is it? The Export Preparedness Index (EPI) is a composite index that evaluates the export readiness, competitiveness, and institutional …

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