Economy Current Affairs — All time
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Sat, 15 Feb 2025
First government event of International Year of Cooperatives 2025 concludes at VAMNICOM, Pune
A three-day international conference organised by the Ministry of Cooperation at VAMNICOM, Pune, the government's first event in the International Year of Cooperatives 2025, concluded on 15 February 2025.
Assam CM Himanta Biswa Sarma inaugurates RuralShores BPO delivery centre in Guwahati
Assam Chief Minister Himanta Biswa Sarma inaugurated a RuralShores BPO delivery centre in Guwahati on 15 February 2025 to create local jobs for rural youth.
Fri, 14 Feb 2025
WPI inflation eases to 2.31% in January 2025
The Commerce Ministry said on 14 February 2025 that annual inflation based on the Wholesale Price Index was 2.31% (provisional) in January 2025.
BSNL posts ₹262 crore profit in Q3, its first quarterly profit since 2007
BSNL reported a profit of ₹262 crore for the third quarter of 2024-25, announced on 14 February 2025, its first return to profit since 2007.
CCPA fines IITian's Prashikshan Kendra ₹3 lakh for misleading IIT-JEE result ads
The Central Consumer Protection Authority said on 14 February 2025 that it had imposed a ₹3 lakh penalty on IITian's Prashikshan Kendra for misleading claims about IIT-JEE results.
Thu, 13 Feb 2025
Income-tax Bill, 2025 introduced in Lok Sabha to replace the Income-tax Act, 1961
Finance Minister Nirmala Sitharaman introduced the Income-tax Bill, 2025 in the Lok Sabha on 13 February 2025, and it was referred to a Select Committee.
All four public sector general insurers turn profitable; combined Q3 profit ₹1,066 crore
The Finance Ministry said on 13 February 2025 that all public sector general insurance companies had become profitable, posting a combined profit of ₹1,066 crore in Q3 of 2024-25.
Wed, 12 Feb 2025
Retail inflation falls to 4.31% in January 2025, lowest since August 2024
CPI-based retail inflation fell to 4.31% (provisional) in January 2025, the Statistics Ministry said on 12 February 2025.
West Bengal tables ₹3.89 lakh crore Budget for 2025-26 with 'Nadi Bandhan' scheme
West Bengal Finance Minister Chandrima Bhattacharya tabled a ₹3.89 lakh crore Budget for 2025-26 in the Assembly on 12 February 2025.
Centre approves transport component of Market Intervention Scheme for tomato in Madhya Pradesh
Union Agriculture Minister Shivraj Singh Chouhan approved the transportation component of the Market Intervention Scheme for tomato in Madhya Pradesh through NCCF on 12 February 2025.
Industrial output grows 3.2% in December 2024
India's Index of Industrial Production grew 3.2% in December 2024, according to Quick Estimates released on 12 February 2025.
Tue, 11 Feb 2025
Centre sets ₹2,250 per quintal OMSS rice price for states and ethanol distilleries
The Department of Food and Public Distribution said on 11 February 2025 that state governments and their corporations can buy FCI rice under OMSS (Domestic) at ₹2,250 per quintal without e-auction.
India-Israel Business Forum and 3rd CEO Forum held in New Delhi
The India-Israel Business Forum and the 3rd India-Israel CEO Forum were held in New Delhi on 11 February 2025, addressed by Commerce Minister Piyush Goyal and Israel's Economy Minister Nir Barkat.
Modi and Macron address 14th India-France CEOs Forum in Paris
PM Narendra Modi and President Emmanuel Macron jointly addressed the 14th India-France CEOs Forum in Paris on 11 February 2025.
Mon, 10 Feb 2025
Fri, 07 Feb 2025
RBI's Monetary Policy Committee cuts repo rate by 25 basis points to 6.25%
The RBI's Monetary Policy Committee, in its first meeting under Governor Sanjay Malhotra, unanimously cut the policy repo rate by 25 basis points to 6.25% on 7 February 2025.
Kerala Budget 2025-26 raises basic land tax by 50%, sets ₹750 crore for Wayanad rehabilitation
Kerala Finance Minister K.N. Balagopal presented the State Budget for 2025-26 in the Assembly on 7 February 2025, raising basic land tax rates by 50% and announcing ₹750 crore for the first phase of Wayanad landslide rehabilitation.
RBI announces exclusive 'bank.in' internet domain for Indian banks
The RBI announced on 7 February 2025 an exclusive 'bank.in' internet domain for Indian banks to curb phishing and digital payment fraud, with IDRBT as the exclusive registrar.
MoSPI marks 75th anniversary of the National Sample Survey at Vigyan Bhawan
Minister of State Rao Inderjit Singh inaugurated the national event marking 75 years of the National Sample Survey at Vigyan Bhawan, New Delhi, on 7 February 2025.
Thu, 06 Feb 2025
Public Sector Banks post record ₹1.29 lakh crore net profit in April–December 2024
Public Sector Banks reported their highest-ever aggregate net profit of ₹1,29,426 crore in April–December of FY 2024-25, up 31.3% year-on-year, the Finance Ministry said on 6 February 2025.
EPFO settles over 5 crore claims in a year for the first time
Labour Minister Mansukh Mandaviya announced on 6 February 2025 that EPFO had settled over 5.08 crore claims worth ₹2,05,932 crore in FY 2024-25, crossing 5 crore for the first time.
Wed, 05 Feb 2025
Tue, 04 Feb 2025
India's fruit and vegetable export volume up 47.3% between 2019-20 and 2023-24; exports reach 123 countries
On 4 February 2025, in New Delhi, the Commerce Ministry said the volume of India's fruit and vegetable exports grew 47.3% between 2019-20 and 2023-24, helped by APEDA's financial assistance schemes.
India is world's 2nd largest mobile manufacturer; 99.2% of phones sold in India now made locally
On 4 February 2025, in New Delhi, Electronics and IT Minister Ashwini Vaishnaw said India has become the world's second-largest mobile manufacturing country, with over 300 units against 2 in 2014.
G Kishan Reddy meets Saudi Minister Bandar Alkhorayef on critical minerals cooperation
On 4 February 2025, in New Delhi, Coal and Mines Minister G Kishan Reddy met Saudi Arabia's Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef to strengthen cooperation in critical minerals.
Mon, 03 Feb 2025
Sat, 01 Feb 2025
Union Budget 2025-26: fiscal deficit 4.8% in 2024-25 (RE), 4.4% target for 2025-26
On 1 February 2025, in Parliament in New Delhi, the Union Budget 2025-26 put the 2024-25 fiscal deficit at 4.8% of GDP (Revised Estimate) and targeted 4.4% for 2025-26.
Union Budget 2025-26: no income tax up to ₹12 lakh under the new regime
On 1 February 2025, in Parliament in New Delhi, Finance Minister Nirmala Sitharaman announced that no income tax will be payable on normal income up to ₹12 lakh under the new tax regime.
Budget 2025-26: PM Dhan-Dhaanya Krishi Yojana for 100 districts, pulses mission, KCC limit to ₹5 lakh
On 1 February 2025, in Parliament in New Delhi, the Union Budget 2025-26 announced the Prime Minister Dhan-Dhaanya Krishi Yojana for 100 low-productivity districts, covering 1.7 crore farmers.
Budget 2025-26: MSME investment and turnover limits raised 2.5 and 2 times
On 1 February 2025, in Parliament in New Delhi, the Union Budget 2025-26 raised the investment and turnover limits for classifying all MSMEs to 2.5 and 2 times respectively.