Economy Current Affairs — All time
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Wed, 23 Oct 2024
Bharat Chana Dal Phase-II retail launched in Delhi-NCR at ₹70 per kg
On 23 October 2024, in Delhi, Union Minister Pralhad Joshi launched retail sale of Bharat Chana Dal Phase-II in Delhi-NCR by flagging off mobile vans, with chana dal at ₹70 per kg and whole chana at ₹58 per kg.
Government calls DAP shortage reports misleading; MRP kept at ₹1,350 per 50 kg bag
On 23 October 2024, in India, the Department of Fertilizers called media reports of a DAP shortage hurting Rabi prospects misleading, saying the MRP of DAP has been kept at ₹1,350 per 50 kg bag since Covid times and subsidy has been raised.
Tue, 22 Oct 2024
NFRA and IICA sign MoU on capacity building for auditing and accounting professionals
On 22 October 2024, in Delhi, the National Financial Reporting Authority (NFRA) and the Indian Institute of Corporate Affairs (IICA) signed an MoU for capacity-building programmes, with a four-month course for the first batch to begin in the last week of December 2024.
DoT launches International Incoming Spoofed Calls Prevention System; BSNL unveils new logo and seven services
On 22 October 2024, in India, Communications Minister Jyotiraditya M. Scindia launched the 'International Incoming Spoofed Calls Prevention System' and unveiled BSNL's new logo along with seven citizen-centric services.
CPI-AL and CPI-RL inflation at 6.36% and 6.39% in September 2024
On 22 October 2024, in India, the Labour Bureau's data showed year-on-year inflation based on CPI-AL and CPI-RL at 6.36% and 6.39% for September 2024.
Mon, 21 Oct 2024
Sun, 20 Oct 2024
Sat, 19 Oct 2024
India Chem 2024 concludes in Mumbai; Nadda projects chemical sector at $300 billion by 2028
On 19 October 2024, in Mumbai, the three-day 'India Chem-2024' concluded, with Union Minister J.P. Nadda saying India's chemical and petrochemical industry is projected to surpass $300 billion by 2028 and reach $1 trillion by 2040.
MOIL signs draft JV agreement with MP State Mining Corporation for manganese mining
On 19 October 2024, in Bhopal, MOIL signed a draft joint venture agreement with Madhya Pradesh State Mining Corporation Limited (MPSMCL) at MP Mining Conclave'24 to advance manganese ore mining and value addition in Madhya Pradesh.
Fri, 18 Oct 2024
DAY-NRLM signs MoUs with ten banks for individual financing of women entrepreneurs
On 18 October 2024, in India, the Deendayal Antyodaya Yojana-National Rural Livelihood Mission (DAY-NRLM) signed MoUs with nine public sector banks and one private bank to finance individual women entrepreneurs.
MSME Ministry holds National SC-ST Hub conclave at Moga, Punjab
On 18 October 2024, in Moga, Punjab, the Ministry of MSME organised a National SC-ST Hub (NSSH) conclave to promote entrepreneurship among SC-ST entrepreneurs.
Thu, 17 Oct 2024
Wed, 16 Oct 2024
Cabinet raises MSP for Rabi crops for Marketing Season 2025-26; wheat at ₹2,425 per quintal
On 16 October 2024, in New Delhi, the Cabinet Committee on Economic Affairs chaired by PM Narendra Modi approved higher Minimum Support Prices for all mandated Rabi crops for Marketing Season 2025-26.
India's total exports for April-September 2024 estimated at USD 393.22 billion
On 16 October 2024, in New Delhi, the Ministry of Commerce and Industry estimated India's total exports (merchandise and services) for April-September 2024 at USD 393.22 billion, up 4.86%.
Cabinet approves 3% additional DA and DR instalment for Central Government employees and pensioners
On 16 October 2024, in New Delhi, the Union Cabinet approved an additional instalment of Dearness Allowance and Dearness Relief of 3% over the existing 50% of basic pay/pension, with effect from 1 July 2024.
SECL becomes first coal company to operate four AMRIT pharmacies
On 16 October 2024, in Bilaspur, Chhattisgarh, South Eastern Coalfields Limited said it had inaugurated the country's 216th AMRIT pharmacy, becoming the first coal company to operate four AMRIT pharmacies.
Tue, 15 Oct 2024
Mon, 14 Oct 2024
CPI retail inflation at 5.49% in September 2024; food inflation 9.24%
On 14 October 2024, in India, MoSPI released CPI data: all-India year-on-year inflation of 5.49% for September 2024.
PLI Scheme for White Goods: 38 applicants commit ₹4,121 crore in third round
On 14 October 2024, in India, the Commerce Ministry said the third round of the PLI Scheme for White Goods (ACs and LED lights) drew 38 applications with committed investment of ₹4,121 crore.
WPI inflation at 1.84% (provisional) for September 2024
On 14 October 2024, in India, the Commerce Ministry released WPI data: annual inflation of 1.84% (provisional) for September 2024.
Fri, 11 Oct 2024
Thu, 10 Oct 2024
Wed, 09 Oct 2024
Mon, 07 Oct 2024
12th India-UAE High Level Joint Task Force on Investments meets in Mumbai
On 7 October 2024, in Mumbai, Maharashtra, the 12th meeting of the India-UAE High Level Joint Task Force on Investments was co-chaired by Piyush Goyal and Sheikh Hamed bin Zayed Al Nahyan of ADIA.
CBDT forms internal committee to comprehensively review Income-tax Act, 1961
On 7 October 2024, in India, the Finance Ministry said the CBDT has formed an internal committee for a comprehensive review of the Income-tax Act, 1961, and invited public suggestions on the e-filing portal.
Textiles Ministry celebrates World Cotton Day 2024; MoUs to promote Kasturi Cotton brand
On 7 October 2024, in India, Textiles Minister Giriraj Singh attended the Ministry's World Cotton Day 2024 celebration, where industry signed MoUs to promote the Indian Kasturi Cotton brand.
Abu Dhabi Investment Authority commences operations in GIFT City
On 7 October 2024, the Commerce Ministry said the Abu Dhabi Investment Authority, the UAE's largest sovereign wealth fund, has commenced its India operations with an office in GIFT City, Gujarat.