Economy Current Affairs One-liners — All time

Sat, 21 Dec 2024

• The GST Council chaired by Finance Minister Nirmala Sitharaman met in Jaisalmer, Rajasthan, on 21 December 2024 and recommended a series of rate changes and clarifications.
• The Ministry of Mines presented the auction process for India's first offshore areas mineral blocks to industry at Porbandar, Gujarat, on 21 December 2024, highlighting lime-mud for cement.
• The Association of NPS Intermediaries (ANI) was launched at the Insurance Institute of India, Mumbai, on 21 December 2024 to bring together stakeholders of the National Pension System.

Fri, 20 Dec 2024

• The Competition Commission of India approved UltraTech Cement's acquisition of a controlling stake in The India Cements on 20 December 2024.
• The Government of India and the Asian Development Bank signed a $350 million policy-based loan on 20 December 2024 to support logistics reforms.

Thu, 19 Dec 2024

• The Government of India and the Asian Development Bank signed a $42 million loan on 19 December 2024 for coastal and riverbank protection in Maharashtra.
• NITI Aayog released a report on 19 December 2024 on secure, affordable, flexible and efficient housing for industrial workers.

Wed, 18 Dec 2024

• Provisional ESIC payroll data released on 18 December 2024 showed 17.80 lakh new employees enrolled under the ESI Scheme in October 2024.

Tue, 17 Dec 2024

• CBIC Chairman Sanjay Kumar Agarwal launched four initiatives to improve taxpayer services on 17 December 2024.

Mon, 16 Dec 2024

• India's annual WPI-based inflation was 1.89% (provisional) for November 2024, the Ministry of Commerce and Industry said on 16 December 2024.
• India's total exports (merchandise and services) for April–November 2024 were estimated at USD 536.25 billion, up 7.61%, the Ministry of Commerce and Industry said on 16 December 2024.

Sat, 14 Dec 2024

• The Reserve Bank of India raised the limit for collateral-free agricultural loans, including loans for allied activities, from ₹1.6 lakh to ₹2 lakh per borrower, effective 1 January 2025.

Fri, 13 Dec 2024

• The Central Consumer Protection Authority issued notices to 17 direct selling entities for violating the Consumer Protection (Direct Selling) Rules, 2021, it announced on 13 December 2024.
• The Competition Commission of India passed a cease and desist order on 12 December 2024 (announced on 13 December 2024) against the Table Tennis Federation of India and three affiliates for abuse of dominance, but imposed no monetary penalty.

Thu, 12 Dec 2024

• Steel Minister H.D. Kumaraswamy released India's Green Steel Taxonomy at Vigyan Bhavan on 12 December 2024, making India the first nation to define green steel.
• India's gross foreign direct investment inflows have reached $1 trillion since April 2000, the Commerce Ministry said on 12 December 2024, with H1 FY2024-25 inflows up nearly 26% to $42.1 billion.
• India's Index of Industrial Production grew 3.5% in October 2024, up from 3.1% in September, according to quick estimates released on 12 December 2024.
• The third India-UK Financial Markets Dialogue was held at GIFT City, Gujarat, on 12 December 2024, hosted by the Department of Economic Affairs with HM Treasury.
• All-India CPI inflation eased to 5.48% in November 2024 from 6.21% in October, with food inflation at 9.04%, according to data released on 12 December 2024.

Wed, 11 Dec 2024

• On 11 December 2024, in India, the Centre revised wheat stock limits applicable until 31 March 2025, cutting the limit for traders and wholesalers from 2,000 MT to 1,000 MT.

Tue, 10 Dec 2024

• On 10 December 2024, in India, MNRE announced an amendment to the ALMM Order, 2019, introducing List-II for solar PV cells and requiring solar projects to use cells from it from 1 June 2026.
• On 10 December 2024, in India, the Competition Commission of India announced its approval of the acquisition of Covestro AG by Abu Dhabi National Oil Company (ADNOC).
• On 10 December 2024, in India, the Union Government announced the release of Fifteenth Finance Commission grants for rural local bodies in Himachal Pradesh and Goa for 2024-25.

Mon, 09 Dec 2024

• On 9 December 2024, at the Jaipur Exhibition and Convention Centre, Jaipur, Rajasthan, PM Narendra Modi inaugurated the Rising Rajasthan Global Investment Summit 2024 and the Rajasthan Global Business Expo.
• On 9 December 2024, in India, DPIIT announced an MoU with Flipkart to support tech startups, building on Flipkart's Leap Ventures initiative and its USD 100 million fund.

Sun, 08 Dec 2024

• On 8 December 2024, in Mumbai, Maharashtra, the India-Norway Business Forum was held, with Commerce Minister Piyush Goyal proposing a startup bridge between the two countries.

Sat, 07 Dec 2024

• On 7 December 2024, in New Delhi, the Insolvency and Bankruptcy Board of India and INSOL India held an International Conclave on 'Insolvency Resolution: Evolution & Global Perspective', with RBI Deputy Governor M Rajeshwar Rao as Chief Guest.
• On 7 December 2024, in India, the National Minorities Development and Finance Corporation and the Dalit Indian Chamber of Commerce and Industry signed an MoU to promote entrepreneurship among marginalised communities.

Fri, 06 Dec 2024

• On 6 December 2024, in India, the RBI's Monetary Policy Committee kept the repo rate unchanged at 6.50%, and the RBI cut the cash reserve ratio by 50 basis points to 4.0% in two tranches.
• On 6 December 2024, at Bharat Mandapam, New Delhi, PM Narendra Modi inaugurated the Ashtalakshmi Mahotsav celebrating the Northeast and unveiled a commemorative postage stamp.