MMDR Amendment to Bring Long Term Stability in Major Minerals Sector
Parliament passes MMDR Amendment Bill 2026 to boost investment and stability in major minerals sector, ensuring states' revenue share.
Explore UPSC Current Affairs articles related to Indian Economy, Planning, Mobilization of Resources, Growth, Development and Employment.
Parliament passes MMDR Amendment Bill 2026 to boost investment and stability in major minerals sector, ensuring states' revenue share.
Wholesale Price Index (WPI) inflation eased to 9.78% in July, marking the first month-on-month fall in nine months, driven by softening fuel and food prices.
RBI prematurely closes special forex swap facility for FCNR(B) deposits after attracting $52.3 billion, boosting foreign exchange reserves and rupee stability.
Escalating Black Sea tensions and Kerch Strait strikes revive global food crisis fears, threatening commodity prices and supply chains worldwide.
Kashmir's renowned willow bat industry faces raw material shortages, climate change, and smuggling despite international fame and GI tag, prompting government revival efforts.
Rajya Sabha passes controversial mining Bill, prohibiting states from imposing levies on major minerals, despite Supreme Court upholding state powers, raising federalism concerns.
NITI Aayog report advocates deeper domestic value addition and tech push in chemicals, textiles, and solar manufacturing for global hub status.
India's merchandise exports surge 20% to $44.2 billion in July, driven by diversification and new routes despite West Asia turmoil.
India's July retail inflation hits 19-month high at 4.45%, driven by food and fuel, keeping RBI's Monetary Policy Committee on hold.
Government's multi-sectoral initiatives empower India's youth through education, skilling, health, and sports, driving progress towards Viksit Bharat @ 2047.
India strengthens its business ecosystem through comprehensive reforms, digital initiatives, and financial support, boosting ease of doing business and global competitiveness.
NITI Aayog identifies chemicals, textiles, telecom, and solar PV as key sectors to transform India into a global manufacturing hub.
UPI achieves astonishing 28,174 crore transactions, but faces critical sustainability challenge regarding Merchant Discount Rate and funding model.
India's household inflation rose to 4.45% in July, driven by a significant jump in food prices, with RBI projecting higher inflation ahead.
RBI proposes a comprehensive new loan interest-rate framework with tighter rules for floating-rate loans, enhancing transparency and borrower safeguards for financial institutions.
India launches CBDC-based DBT for food subsidy under PMGKAY in Chandigarh and Dadra & Nagar Haveli, ensuring transparent, traceable welfare delivery by August 2026.
RBI Governor reveals talks with BRICS to link payment systems and CBDCs, boosting Rupee internationalization for faster, cheaper cross-border trade.
India debates who should fund UPI infrastructure amidst zero MDR policy, impacting merchants, consumers, and digital payment ecosystem.
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