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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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 investment‑grad...

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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 uncertain...

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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 the financ...

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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 initiative prov...

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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 global food se...

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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 rise in m...

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Money Laundering via Cryptocurrency

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

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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. The repo...

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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 promote I...

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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 government now aims...

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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 in adopting...

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Global AI City Index 2025

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

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