Economy Current Affairs One-liners — Last 12 months

Sat, 08 Aug 2026

• The Finance Ministry said on 8 August 2026 that UPI users will face no transaction charges and person-to-person payments will stay free, with any merchant discount rate limited to some merchant transactions above a threshold.
• Cooperation Minister Amit Shah inaugurated the new Mumbai premises of NUCFDC, the umbrella organisation for urban cooperative banks, on 8 August 2026 and launched its 'Bank in a Box' service.
• APEDA facilitated the first-ever commercial sea shipment of 18 tonnes of GI-tagged Mithila Makhana from Bihta, Bihar, to Australia, the Commerce Ministry said on 8 August 2026.

Fri, 07 Aug 2026

• The 16th BRICS Trade Ministers' Meeting, chaired by Piyush Goyal in Jaipur on 7 August 2026, issued the Jaipur Consensus and a Chair's Statement with four annexes.
• The 12th session of the India–Russia Working Group on Modernization and Industrial Cooperation was held in New Delhi on 7 August 2026, discussing the Vande Bharat project, SJ-100 aircraft, critical minerals and UAVs.

Thu, 06 Aug 2026

• The Ministry of Tribal Affairs signed MoUs with state and technology business incubators in New Delhi on 6 August 2026 to reach about 1,000 Scheduled Tribe entrepreneurs, with at least 100 to be funded and incubated under VCF-ST.
• The Tenth BRICS Industry Ministers' Meeting concluded in Jaipur on 6 August 2026 under India's BRICS Chairship with a joint declaration on MSMEs, photovoltaics, startups and logistics.
• APEDA, with Nuernberg Messe India, is organising BIOFACH INDIA 2026 on 6–8 August 2026 at the India Expo Centre & Mart, Greater Noida, to promote India's certified organic products.
• India produced 56.3 million tonnes of crude steel in April–July 2026, up 2.6% year-on-year, while finished steel consumption rose 7.8%, the Steel Ministry said on 6 August 2026.

Wed, 05 Aug 2026

• The Government on 5 August 2026 operationalised an inventory-based cross-border e-commerce export framework under the Foreign Trade Policy 2023, allowing export-only inventory operations through registered Exporters-on-Record.
• The Directorate of Revenue Intelligence seized 364 metric tonnes of Pakistan-origin dry dates worth about Rs 3 crore at Kandla Port, misdeclared as originating from the UAE, it said on 5 August 2026.
• Indian Railways on 5 August 2026 approved changes to the Model Concession Agreement letting Container Train Operators run on all routes under a single All India licence with a uniform Rs 25 crore registration fee.
• The Ministry of MSME and DPIIT signed an MoU on 5 August 2026 to commercialise India's Geographical Indication products and bring them to ONDC and GeM under a 'Bharat GI' banner.
• Culture and Tourism Minister Gajendra Singh Shekhawat launched an 'As Seen on Netflix' section on the Incredible India portal on 5 August 2026, at an event marking ten years of Netflix in India.

Tue, 04 Aug 2026

• The Ministry of Coal auctioned six coal blocks in Telangana, Madhya Pradesh, Jharkhand and Chhattisgarh in forward auctions held on 3–4 August 2026 under the 15th round and second attempt of the 13th round.
• India's first Telecom Manufacturing Zone at Gwalior reached cumulative investment commitments of ₹5,500 crore after a second investors' meet in Mumbai on 4 August 2026.
• The two-day meeting of Heads of National Statistical Offices of BRICS countries concluded in Lucknow on 4 August 2026 under the theme 'Quality Statistics as a Driver of Change'.

Mon, 03 Aug 2026

• A third-party assessment by ISEC Bengaluru found that every ₹1 invested under the Kisan Credit Card–Modified Interest Subvention Scheme adds ₹2.30 to net value addition in agriculture, the Finance Ministry said on 3 August 2026.
• Textiles Minister Giriraj Singh inaugurated the Centre of Excellence for Handloom Technology at IIT Delhi on 3 August 2026 and launched five flagship initiatives.
• Commerce Minister Piyush Goyal called for doubling India–Uzbekistan trade over the next three years at the India–Uzbekistan Business Forum in New Delhi on 3 August 2026.
• Indian Railways loaded 141.3 million tonnes of freight in July 2026, 9% more than in July 2025, the Railways Ministry said on 3 August 2026.
• India has achieved near-universal banking coverage, with 99.92% of inhabited villages served by a banking outlet within 5 km, the Finance Ministry said on 3 August 2026.
• TRAI launched a revamped version of its 'TRAI MyCall' app on 3 August 2026, letting telecom users rate voice calls and report problems such as call drops.
• Coal production from captive and commercial mines rose 9.61% year on year to 14.78 million tonnes in July 2026, the Coal Ministry said on 3 August 2026.

Sun, 02 Aug 2026

• India's coal production grew 7.51% year on year to 69.75 million tonnes in July 2026, while dispatch rose 17.34% to 86.33 MT, the Coal Ministry said on 2 August 2026.

Sat, 01 Aug 2026

• The Union Government released an additional tax devolution instalment of ₹1,09,019 crore to states on 1 August 2026, over and above the normal monthly devolution due on 10 August.

Fri, 31 Jul 2026

• The first session of the India–Rwanda Joint Trade Committee (JTC) concluded in New Delhi on 31 July 2026, setting up a standing mechanism to review trade and investment.

Thu, 30 Jul 2026

• On 30 July 2026 the integration of the Maldives Instant Payment System 'Favara' with India's UPI went live, letting people in the Maldives send money in real time to UPI-enabled bank accounts in India.
• On 30 July 2026 the Department of Financial Services launched India's first sovereign-backed Protection & Indemnity (P&I) insurance product under the Bharat Maritime Insurance Pool, designed by New India Assurance.
• On 30 July 2026 the Department of Telecommunications and the Madhya Pradesh government signed an MoU to set up India's first integrated Telecom Manufacturing Zone, a 350-acre cluster in Gwalior, with Rs 493 crore central support for Phase-I.