RBI set to launch ‘plastic’ notes at start of 2027-28, Pg13
RBI targets early 2027-28 for launching polymer banknotes, starting with Rs 10 and Rs 20, to boost durability and currency circulation capacity.
Explore UPSC Current Affairs articles related to Indian Economy, Planning, Mobilization of Resources, Growth, Development and Employment.
RBI targets early 2027-28 for launching polymer banknotes, starting with Rs 10 and Rs 20, to boost durability and currency circulation capacity.
RBI and Finance Ministry unveil strategic reforms, including FCNR/NRE deposit relaxation and G-Sec tax exemption, to attract foreign capital and strengthen the rupee.
RBI's MPC maintains repo rate at 5.25% due to global uncertainties, marginally raising growth forecast while cutting inflation projection.
RBI's MPC unanimously holds repo rate at 5.25% amidst resilient domestic demand and global headwinds, projecting 6.7% GDP growth for 2026-27.
July GST collections reached ₹2.11 lakh crore, yet import-driven growth and rupee depreciation mask weak domestic production and uneven state-level tax buoyancy.
Private industry surpasses government, funding over 51% of India's national R&D for the first time, signaling a major economic and scientific shift.
16th Finance Commission's recommendations prioritize efficiency over equity, raising concerns about widening regional disparities and federal balance in India.
Government operationalizes new inventory-based cross-border e-commerce export framework under FTP 2023, boosting MSME access to global markets.
RBI's Monetary Policy Committee evaluates inflation, crude oil, monsoon, and global factors to determine interest rate adjustments for economic stability.
Northeast Indian youth find new opportunities in Japan's aging economy through skill worker programs, boosting remittances and bilateral ties.
Finance Minister tables Taxation Laws (Amendment) Bill 2026 in Lok Sabha, offering tax concessions to attract global capital and boost domestic manufacturing.
Despite $49 billion foreign inflows in two months, the rupee shows minimal strengthening, unlike 2013, due to RBI intervention and hedging.
Despite immense mineral wealth, Jharkhand's mining communities remain impoverished due to poor governance, delayed auctions, and DMFT's unfulfilled promise of welfare.
India leverages Geographical Indication (GI) tags to protect traditional products, empower artisans, and boost rural economy, aiming for 10,000 registrations by 2030.
Government approves Rs 5,659 crore KAPAS KANTI Mission to boost cotton productivity and production across 14 states by 2031.
Government boosts MSMEs with ZED Certification, offering 100% subsidy for women-led enterprises to enhance quality and sustainability.
India deftly navigates global energy shock from Iran war, securing urea supply through diversification and subsidies, but faces challenges with DAP and complex fertilizers.
US-Japan's joint currency intervention strengthens yen, raising concerns for Indian markets due to potential FII exodus from carry trades.
India's manufacturing growth hits near five-year low in July, with PMI falling to 53.5 amid slowing domestic demand and job creation.
Government proposes major tax relief for offshore funds and electronics contract manufacturing, extending exemptions until 2040-41 to attract foreign investment.
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