Economy Current Affairs — All time
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Mon, 24 Mar 2025
Sat, 22 Mar 2025
Centre withdraws 20% export duty on onions with effect from 1 April 2025
The Department of Revenue issued Notification No. 19/2025-Customs on 22 March 2025, making the export duty on onions nil from 1 April 2025 and ending the 20% duty in force since 13 September 2024.
DGGI blocks 357 websites of offshore online money gaming firms in GST evasion crackdown
The Directorate General of GST Intelligence said on 22 March 2025 it had blocked 357 websites of illegal offshore online money gaming entities and frozen about 2,400 bank accounts in a crackdown on GST evasion.
Fri, 21 Mar 2025
India Bioeconomy Report 2025: bioeconomy grows 16-fold to $165.7 billion in 2024
Union Minister Dr Jitendra Singh released the India Bioeconomy Report 2025 at BIRAC's Foundation Day in New Delhi on 21 March 2025; it puts India's bioeconomy at $165.7 billion in 2024, up from $10 billion in 2014.
BIS to release Annual Programme for Standardisation 2025-26 after consultations with 40 ministries
The Bureau of Indian Standards said on 21 March 2025 it would release its Annual Programme for Standardisation 2025-26 after consultations with 40 ministries and 84 industry associations.
Thu, 20 Mar 2025
India's coal production crosses 1 billion tonnes for the first time in a financial year
India's coal production crossed one billion tonnes in 2024-25 on 20 March 2025, 11 days earlier than the previous year's total of 997.83 million tonnes was reached.
EPFO adds 17.89 lakh net members in January 2025
The Employees' Provident Fund Organisation added 17.89 lakh net members in January 2025, according to provisional payroll data released on 20 March 2025.
President Murmu visits Udyam Utsav for MSMEs at Rashtrapati Bhavan
President Droupadi Murmu visited the Udyam Utsav, an MSME showcase organised by the Ministry of MSME at Rashtrapati Bhavan from 20 to 30 March 2025, on its opening day.
Wed, 19 Mar 2025
PFRDA notifies regulations to operationalise the Unified Pension Scheme from 1 April 2025
The Pension Fund Regulatory and Development Authority notified the PFRDA (Operationalisation of the Unified Pension Scheme under NPS) Regulations, 2025 by a gazette notification dated 19 March 2025, effective 1 April 2025.
BCCL monetises 2 MTPA Dugda coal washery in Jharkhand, India's first coal washery monetisation
Bharat Coking Coal Limited, a Coal India subsidiary, monetised its 2 MTPA Dugda Coal Washery in Bokaro, Jharkhand, the first monetisation of a coal washery in India, the Ministry of Coal said on 19 March 2025.
SEBI brings demat and mutual fund holdings to DigiLocker to reduce unclaimed assets
SEBI issued a circular on 19 March 2025 letting investors store demat and mutual fund holding statements in DigiLocker and name 'Data Access Nominees', to reduce unclaimed assets in the securities market.
Cabinet approves ₹1,500 crore incentive scheme for low-value BHIM-UPI person-to-merchant payments
The Union Cabinet on 19 March 2025 approved a ₹1,500 crore incentive scheme for 2024-25 that pays banks 0.15% on UPI person-to-merchant transactions of up to ₹2,000 for small merchants.
Cabinet approves ₹10,601 crore Namrup-IV brownfield ammonia-urea complex in Assam
The Union Cabinet on 19 March 2025 approved a 12.7 LMT-a-year brownfield ammonia-urea complex (Namrup-IV) within the premises of Brahmaputra Valley Fertilizer Corporation Ltd at Namrup, Assam, at an estimated cost of ₹10,601.40 crore.
C-DOT launches 'Samarth' incubation programme for telecom and ICT startups
The Centre for Development of Telematics launched the first cohort of 'Samarth', an incubation programme for startups in telecom and ICT, with STPI as implementation partner, on 19 March 2025.
Tue, 18 Mar 2025
Mon, 17 Mar 2025
Government e Marketplace crosses ₹5 lakh crore gross merchandise value before the end of FY 2024-25
The Government e Marketplace (GeM) crossed ₹5 lakh crore in gross merchandise value (GMV) for FY 2024-25 more than 18 days before the financial year ended, the Ministry of Commerce and Industry announced on 17 March 2025.
Wholesale price inflation rises to 2.38% in February 2025 on costlier food products
India's annual inflation based on the all-India Wholesale Price Index (WPI) was 2.38% (provisional) in February 2025, the Ministry of Commerce and Industry said on 17 March 2025.
India's total exports in April–February 2024-25 estimated at $750.53 billion, up 6.24%; electronics exports jump 26.46% in February
The Ministry of Commerce and Industry said on 17 March 2025 that India's total exports (merchandise and services) in April–February 2024-25 were an estimated $750.53 billion, up 6.24% from $706.43 billion a year earlier.
Haryana CM Nayab Singh Saini presents ₹2,05,017.29 crore budget for 2025-26; announces 'Department of the Future' and Haryana AI Mission
Haryana Chief Minister Nayab Singh Saini, who holds the finance portfolio, presented the State's 2025-26 budget of ₹2,05,017.29 crore in the Assembly on 17 March 2025, 13.7% above the revised estimates of 2024-25, and proposed a new 'Department of the Future'.
Sun, 16 Mar 2025
India and New Zealand announce launch of negotiations for a comprehensive Free Trade Agreement after Goyal–McClay meeting
India and New Zealand announced the launch of negotiations for a comprehensive and mutually beneficial Free Trade Agreement on 16 March 2025 in New Delhi, after a meeting between Commerce and Industry Minister Piyush Goyal and New Zealand's Trade and Investment Minister Todd McClay.
RBI wins Digital Transformation Award 2025 from Central Banking, London, for in-house platforms Pravaah and Sarthi
The Reserve Bank of India was honoured with the Digital Transformation Award 2025 by Central Banking, London, for its in-house digital initiatives Pravaah and Sarthi, and was applauded by PM Narendra Modi on 16 March 2025.
CCI holds 10th National Conference on Economics of Competition Law in New Delhi
The Competition Commission of India (CCI) organised the 10th National Conference on Economics of Competition Law in New Delhi on 16 March 2025, with Minister of State for Corporate Affairs Harsh Malhotra as keynote speaker.
Sat, 15 Mar 2025
Fri, 14 Mar 2025
Tamil Nadu Budget 2025-26: fiscal deficit at 3% of GSDP, Rameswaram airport, Semiconductor Mission 2030
Tamil Nadu Finance Minister Thangam Thennarasu presented the State Budget for 2025-26 in the Assembly on 14 March 2025, with a fiscal deficit of ₹1,06,963 crore, or 3% of GSDP.
Gold crosses $3,000 an ounce for the first time, hitting a record $3,004.86
Spot gold crossed $3,000 an ounce for the first time on 14 March 2025, touching a record $3,004.86, as investors sought a safe haven amid US tariff uncertainty.
India's forex reserves jump $15.27 billion to $653.97 billion, sharpest weekly rise in over two years
India's foreign exchange reserves rose by $15.267 billion to $653.966 billion in the week ended 7 March 2025, as per RBI data released on 14 March, the sharpest weekly rise in over two years.
Thu, 13 Mar 2025
Wed, 12 Mar 2025
Retail inflation falls to 3.61% in February 2025, lowest since July 2024; food inflation at 3.75%
India's CPI-based retail inflation fell to 3.61% in February 2025, 65 basis points below January and the lowest since July 2024, as per MoSPI data released on 12 March 2025.
Industrial output (IIP) grows 5.0% in January 2025, up from 3.2% in December
India's Index of Industrial Production grew 5.0% in January 2025, up from 3.2% in December 2024, as per Quick Estimates released by MoSPI on 12 March 2025.