Economy — current affairs

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Design Linked Incentive (DLI) Scheme 2026: Significance | UPSC

Design Linked Incentive (DLI) Scheme 2026: Significance | UPSC

Why in news? The Ministry of Electronics and Information Technology has reported steady progress under the Design Linked Incentive scheme. Several sta...

Live Events Development Cell (LEDC)

Live Events Development Cell (LEDC)

Why in news? The Ministry of Information & Broadcasting has set up a new Live Events Development Cell to give a structured push to India’s concer...

Vishnugad–Pipalkoti Hydroelectric Project accident

Vishnugad–Pipalkoti Hydroelectric Project accident

Why in news? A small locomotive transporting workers and officials collided with another trolley inside a tunnel of the Vishnugad–Pipalkoti hydropow...

Record rally in copper prices

Record rally in copper prices

Why in news? In December 2025 copper futures on the London Metal Exchange surpassed US$12,000 per tonne, a historic high. Prices have risen more than ...

Indian Rupee’s Worst Annual Fall in Three Years

Indian Rupee’s Worst Annual Fall in Three Years

Why in news? The Indian rupee ended 2025 at ₹89.87 per U.S. dollar, marking a depreciation of about 4.7 percent for the year. Reuters reported that ...

Alliance Air’s ‘Fare se Fursat’ Fixed Fare Scheme

Alliance Air’s ‘Fare se Fursat’ Fixed Fare Scheme

Why in news? India’s regional carrier Alliance Air launched the Fare se Fursat scheme on 13 October 2025. This pilot initiative, which ran until 31 ...

Bank Holiday Advisory for 31 December and 1 January

Bank Holiday Advisory for 31 December and 1 January

Why in news? Many people wondered whether banks would remain open on the last day of 2025 and on New Year’s Day. Confusion arose from social media r...

Industrial Hemp – Himachal Pradesh’s New Bio‑Economy Crop

Industrial Hemp – Himachal Pradesh’s New Bio‑Economy Crop

Why in news? The Himachal Pradesh government has unveiled a policy to legalise and regulate the cultivation of industrial hemp. Chief Minister Sukhvin...

Revamped Distribution Sector Scheme (RDSS)

Revamped Distribution Sector Scheme (RDSS)

Why in news? The Ministry of Power announced that projects worth ₹2.83 lakh crore have been sanctioned under the Revamped Distribution Sector Scheme...

Shipbuilding Financial Assistance and Development Schemes

Shipbuilding Financial Assistance and Development Schemes

Why in news? The Ministry of Ports, Shipping and Waterways released detailed guidelines for two schemes aimed at reviving India’s shipbuilding indus...

Global Capability Centres (GCCs)

Global Capability Centres (GCCs)

Why in news? In recent months multinational companies’ Global Capability Centres (GCCs) in India have been hiring at a pace far outstripping traditi...

National Council for Cement and Building Materials – 63rd Foundation Day

National Council for Cement and Building Materials – 63rd Foundation Day

Why in news? The National Council for Cement and Building Materials (NCB) celebrated its 63rd Foundation Day in December 2025. During the event the co...

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