Economy — current affairs

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Bharat Taxi – A Cooperative Ride‑Hailing Platform

Bharat Taxi – A Cooperative Ride‑Hailing Platform

Why in news? The Ministry of Cooperation has launched Bharat Taxi, a driver‑owned ride‑hailing platform that promises zero commission, surge‑fre...

Punatsangchhu‑II Hydroelectric Project – India–Bhutan Energy Cooperation

Punatsangchhu‑II Hydroelectric Project – India–Bhutan Energy Cooperation

Why in news? During Prime Minister Narendra Modi’s visit to Bhutan in November 2025, the 1,020 MW Punatsangchhu‑II hydropower project was jointly ...

SAKSHAM 2026 – National Campaign on Fuel Conservation

SAKSHAM 2026 – National Campaign on Fuel Conservation

Why in news? The Petroleum Conservation Research Association (PCRA) launched its annual awareness drive called Sanrakshan Kshamta Mahotsav (SAKSHAM 20...

New Examination for Indian Railway Management Service (IRMS)

New Examination for Indian Railway Management Service (IRMS)

Why in news? The Union government announced the introduction of a dedicated Indian Railway Management Service (IRMS) examination to recruit officers f...

Exemption of Basic Customs Duty on Cancer and Rare Disease Drugs

Exemption of Basic Customs Duty on Cancer and Rare Disease Drugs

Why in news? The Union Budget 2026‑27 announced that 17 drugs used to treat various cancers and seven categories of medicines for rare diseases will...

Sovereign Gold Bonds: Features and New Tax Rules

Sovereign Gold Bonds: Features and New Tax Rules

Why in news? The Union Budget 2026‑27 clarified that the capital gains tax exemption on Sovereign Gold Bonds (SGBs) will apply only to bonds purchas...

Securities Transaction Tax (STT) Hike

Securities Transaction Tax (STT) Hike

Why in news? The Union Budget 2026‑27 raised the Securities Transaction Tax (STT) on derivatives trading to curb excessive speculation. From 1 April...

CHAKRA – Centre of Excellence for Sunrise Sectors

CHAKRA – Centre of Excellence for Sunrise Sectors

Why in news? On 1 February 2026 the State Bank of India (SBI) launched CHAKRA, a centre of excellence designed to finance India’s emerging “sunris...

Open Acreage Licensing Policy (OALP)

Open Acreage Licensing Policy (OALP)

Why in news? In early 2026 the Directorate General of Hydrocarbons extended the deadline for the tenth bid round of the Open Acreage Licensing Program...

Advanced Chemistry Cell Production Linked Incentive (ACC‑PLI) Scheme

Advanced Chemistry Cell Production Linked Incentive (ACC‑PLI) Scheme

Why in news? Recent analyses have noted a substantial gap between the ambitious targets of India’s Advanced Chemistry Cell Production Linked Incenti...

India’s First Tailings Policy

India’s First Tailings Policy

Why in news? On 19 January 2026 the Indian government announced a national policy to recover critical minerals from tailings and mine dumps. The polic...

Engineering Export Promotion Council of India (EEPC India)

Engineering Export Promotion Council of India (EEPC India)

Why in news? The Engineering Export Promotion Council of India (EEPC India) urged the government to cut the income tax rate for non‑corporate manufa...

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