Economy — current affairs

The day’s current affairs covered in full — the terms, names and facts UPSC actually asks about, in six languages.

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State Mining Readiness Index ranks Indian states on mineral reforms

State Mining Readiness Index ranks Indian states on mineral reforms

Why in news? The Ministry of Mines released the first State Mining Readiness Index (SMRI) on 16 October 2025. The index evaluates how effectively st...

Codex committee finalises standards for vanilla, cardamom and coriander

Codex committee finalises standards for vanilla, cardamom and coriander

Why in news? The 8th Session of the Codex Committee on Spices and Culinary Herbs (CCSCH) concluded in Guwahati on 17 October 2025. Delegates from mo...

LEAPS 2025 – Logistics Excellence, Advancement and Performance Shield

LEAPS 2025 – Logistics Excellence, Advancement and Performance Shield

Why in news? On 13 October 2025 the Union Minister for Commerce and Industry, Piyush Goyal, launched LEAPS 2025 in New Delhi. The Logistics Excellence...

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Fomoflation Explained: Price Spikes from FOMO | UPSC Economy

Why in news? Economists and market analysts have coined the term “fomoflation” to describe episodes when prices rise not because of shortages or p...

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Surge in Microfinance Loan Defaults: Understanding the Crisis

Why in news? In its 2024–25 report released in October 2025, industry body Sa‑Dhan warned that overdue payments in the microfinance sector have ri...

Bharat Taxi Initiative

Bharat Taxi Initiative

Why in news? On 10 October 2025 the National e‑Governance Division (NeGD) signed a memorandum of understanding with Sahakar Taxi Cooperative Limited...

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Responsible Mining: UNEP Calls for Financial Sector Reform

Why in news? The United Nations Environment Programme released a report titled “Financing the Responsible Supply of Energy Transition Minerals” in...

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Foreign Currency Settlement System: GIFT City’s New Milestone

Why in news? The International Financial Services Centres Authority launched a Foreign Currency Settlement System (FCSS) at Gujarat International Fina...

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NITI Aayog’s Roadmap on AI for Inclusive Societal Development

Why in news? NITI Aayog released a comprehensive report on harnessing artificial intelligence (AI) and digital technologies to empower India’s infor...

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Draft National Labour & Employment Policy – Shram Shakti Niti 2025

Why in news? The Ministry of Labour and Employment released a draft National Labour & Employment Policy – Shram Shakti Niti 2025 for public consulta...

Navi Mumbai International Airport

Navi Mumbai International Airport

Why in news? Construction of the Navi Mumbai International Airport has been progressing rapidly, and the project was highlighted in October 2025 as a ...

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Transformation of India’s Logistics Sector

Why in news? The government has been highlighting the rapid modernisation of India’s logistics sector. New policies, infrastructure projects and dig...

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