Economy — current affairs

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India’s Inequality Report: Moderately Low But Persistent

Why in news? The World Bank’s Spring 2025 Poverty and Equity Brief placed India in the “moderately low inequality” category with a Gini coeffi...

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Fourth International Financing for Development Conference (FfD4)

Why in news? The fourth International Financing for Development Conference (FfD4) was held in Seville, Spain, to overhaul the global financial archite...

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Healthy Ageing in India

Why in news? The Indian Institute of Science (IISc) in Bengaluru launched the BHARAT study to develop India‑specific biomarkers for healthy ageing, ...

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NITI Aayog Report on Chemical Industry

Why in news? NITI Aayog released its report “Chemical Industry: Powering India’s Participation in Global Value Chains,” envisioning India as a ...

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Backdoor Layoffs

Why in news? Several global technology firms and big companies have been accused of conducting “backdoor layoffs”—measures that reduce head‑co...

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Financial Fraud Risk Indicator (FRI)

Why in news? The Reserve Bank of India has advised banks to integrate the Financial Fraud Risk Indicator (FRI) developed by the Department of Telecomm...

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Employment Linked Incentive (ELI) Scheme

Why in news? On 1 July 2025 the Union Cabinet approved the Employment Linked Incentive (ELI) Scheme to generate more than 3.5 crore jobs over two y...

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RailOne App – Unified Railway Services

Why in news? In June 2025 the Ministry of Railways launched RailOne, a mobile application that integrates various railway services in a single platfo...

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8 Years of GST

Why in news? The Goods and Services Tax (GST) completed eight years on 1 July 2025. The tax was rolled out on 1 July 2017 to unify India’s indir...

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