Economy Current Affairs — Last 12 months
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Thu, 27 Nov 2025
India–UAE hold third CEPA Joint Committee meeting; bilateral trade crosses USD 100 billion
India and the UAE held the third meeting of the Joint Committee under the India–UAE CEPA in New Delhi, as the Commerce Ministry said on 27 November 2025 that bilateral trade crossed USD 100.06 billion in FY 2024-25.
44th India International Trade Fair concludes; Rajasthan, Jharkhand, Odisha, Meghalaya win gold
The 44th India International Trade Fair (IITF), organised by ITPO at Bharat Mandapam, New Delhi, concluded on 27 November 2025 with the IITF 2025 Awards for Excellence in Display.
Wed, 26 Nov 2025
Cabinet approves ₹7,280 crore scheme to make sintered Rare Earth Permanent Magnets
The Union Cabinet on 26 November 2025 approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with an outlay of ₹7,280 crore to set up 6,000 tonnes per annum (MTPA) of integrated REPM manufacturing in India.
PM inaugurates Safran's LEAP engine MRO facility (SAESI) in Hyderabad
PM Narendra Modi inaugurated the Safran Aircraft Engine Services India (SAESI) facility at the GMR Aerospace and Industrial Park–SEZ, Rajiv Gandhi International Airport, Hyderabad, via video conferencing on 26 November 2025.
Three coal blocks in Jharkhand and Odisha auctioned in 13th round of commercial auctions
The Ministry of Coal announced on 26 November 2025 that three fully explored coal blocks were auctioned in the 13th round of commercial coal mine auctions, all won by Damodar Valley Corporation.
Sun, 23 Nov 2025
J&K to launch first-ever auction of limestone blocks
The Ministry of Mines announced on 23 November 2025 that the first-ever auction of limestone mineral blocks in the Union Territory of Jammu & Kashmir would be launched in Jammu on 24 November by Union Coal & Mines Minister G. Kishan Reddy.
India strengthens textile and sericulture cooperation with Georgia
The Ministry of Textiles said on 23 November 2025 that a delegation led by P. Sivakumar, Member Secretary of the Central Silk Board (CSB) and Secretary General of the International Sericultural Commission (ISC), concluded an engagement in Georgia during 17–21 November 2025.
Fri, 21 Nov 2025
DRI's Operation Filter Out seizes over 73 lakh smuggled cigarettes in Mizoram
The Directorate of Revenue Intelligence (DRI), under 'Operation Filter Out', seized 36.2 lakh sticks of foreign-origin cigarettes and 300 foreign-origin quilts at Kanhmun, Mizoram, on 21 November 2025, arresting two persons.
Steel Ministry suspends Quality Control Order enforcement on 55 Indian Standards
The Ministry of Steel said on 21 November 2025 that it has suspended enforcement of the Steel and Steel Products (Quality Control) Order, 2024 on 55 Indian Standards, based on recommendations of the High-Level Committee on Non-Financial Regulatory Reforms (HLC-NFRR).
Thu, 20 Nov 2025
Final estimates 2024-25: record foodgrain output of 357.73 million tonnes
Union Agriculture Minister Shivraj Singh Chouhan released the final estimates of crop production for 2024-25 on 20 November 2025, putting India's foodgrain output at a record 357.73 million tonnes, up from 332.30 million tonnes in 2023-24.
Eight core industries index unchanged at 162.4 in October 2025
The Index of Eight Core Industries (ICI) for October 2025, released by the Ministry of Commerce and Industry on 20 November 2025, remained unchanged at 162.4 (provisional) compared with October 2024.
GeM and UN Women sign MoU to bring more women entrepreneurs into public procurement
Government e-Marketplace (GeM) under the Ministry of Commerce and Industry and UN Women signed an MoU on 20 November 2025 to integrate women entrepreneurs from the informal sector into India's public procurement system.
NHAI launches Raajmarg Infra Investment Managers for its first public InvIT
The National Highways Authority of India (NHAI) launched Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) in Mumbai on 20 November 2025 as the investment manager for its proposed public InvIT, Raajmarg Infra Investment Trust (RIIT).
Wed, 19 Nov 2025
TRAI mandates phase-wise shift to '1600' numbers for banks and financial firms
The Telecom Regulatory Authority of India (TRAI) on 19 November 2025 issued a Direction setting deadlines for entities regulated by RBI, SEBI and PFRDA to adopt the '1600' numbering series for service and transactional calls.
Rourkela Steel Plant to double capacity to 9.8 million tonnes by 2030
Union Steel Minister H.D. Kumaraswamy unveiled a plan on 19 November 2025 to double the capacity of Rourkela Steel Plant (RSP) in Odisha to 9.8 million tonnes by 2030.
Tue, 18 Nov 2025
MoSPI releases National Industrial Classification (NIC) 2025 with 6-digit codes
The Ministry of Statistics and Programme Implementation (MoSPI) released the National Industrial Classification (NIC) 2025 at Udaipur on 18 November 2025, during the culmination of the NSS's 75th anniversary and World Statistics Day 2025.
Textiles Ministry approves 17 new applicants under PLI Scheme in Round 3
The Ministry of Textiles approved 17 new applicants under the Production Linked Incentive (PLI) Scheme for Textiles in Round 3 of selection, it said on 18 November 2025.
Mon, 17 Nov 2025
Sixteenth Finance Commission submits report for 2026-27 to 2030-31
The Sixteenth Finance Commission, headed by Dr Arvind Panagariya, submitted its report for the award period 2026-27 to 2030-31 to President Droupadi Murmu on 17 November 2025.
India's exports reach US$ 491.80 billion in April–October 2025, up 4.84%
India's combined merchandise and services exports for April–October 2025 are estimated at US$ 491.80 billion, up 4.84% from US$ 469.11 billion a year earlier, the Commerce Ministry said on 17 November 2025.
India signs first structured LPG import contract with the US, about 2.2 MTPA for 2026
Petroleum Minister Hardeep Singh Puri announced on 17 November 2025 that Indian PSU oil companies have concluded a one-year structured contract to import about 2.2 MTPA of LPG from the US Gulf Coast for contract year 2026.
ECMS second tranche: 17 approvals worth ₹7,172 crore; ARKA-GKT1 chip unveiled
The Ministry of Electronics and IT approved 17 more proposals under the Electronics Components Manufacturing Scheme (ECMS) on 17 November 2025, with total investment of ₹7,172 crore, projected production of ₹65,111 crore and 11,808 direct jobs.
PLFS October 2025: unemployment steady at 5.2%, LFPR at 6-month high of 55.4%
The Periodic Labour Force Survey (PLFS) monthly bulletin for October 2025, released by MoSPI on 17 November 2025, put the unemployment rate for persons aged 15 and above at 5.2%, unchanged from September.
Sun, 16 Nov 2025
Commerce Secretary reviews India–Eurasian Economic Union FTA talks in Moscow
Commerce Secretary Rajesh Agrawal reviewed progress on the India–Eurasian Economic Union (EAEU) Free Trade Agreement in a series of meetings in Moscow, the Commerce Ministry said on 16 November 2025.
PLEXCONCIL marks 70 years; Piyush Goyal sets US$ 25 billion plastics export goal
Commerce and Industry Minister Piyush Goyal attended the Platinum Jubilee of the Plastics Export Promotion Council (PLEXCONCIL) in Mumbai on 16 November 2025, marking 70 years of the council.
Fri, 14 Nov 2025
WPI inflation falls to −1.21% in October 2025
India's annual inflation based on the Wholesale Price Index (WPI) was (−) 1.21% (provisional) in October 2025, down from 0.13% in September, the Commerce Ministry said on 14 November 2025.
30th CII Partnership Summit in Visakhapatnam; foundation laid for Drone City and Space City
Vice-President C.P. Radhakrishnan inaugurated the 30th CII Partnership Summit in Visakhapatnam, Andhra Pradesh on 14 November 2025, where Commerce Minister Piyush Goyal and Chief Minister N. Chandrababu Naidu also laid the foundation for a Drone City and a Space City.
44th India International Trade Fair opens at Bharat Mandapam
Minister of State Jitin Prasada inaugurated the 44th India International Trade Fair (IITF) 2025 at Bharat Mandapam, New Delhi on 14 November 2025, themed 'Ek Bharat Shreshtha Bharat'.
Thu, 13 Nov 2025
PLI Scheme for White Goods: 13 companies apply in 4th round with ₹1,914 crore investment
The 4th round of the Production Linked Incentive (PLI) Scheme for White Goods (air conditioners and LED lights) drew 13 applications with a net committed investment of ₹1,914 crore, DPIIT said on 13 November 2025.
India and Canada hold 7th Ministerial Dialogue on Trade and Investment
Commerce Minister Piyush Goyal and Canada's Minister of International Trade Maninder Sidhu co-chaired the 7th India–Canada Ministerial Dialogue on Trade and Investment (MDTI) in New Delhi on 13 November 2025, during Sidhu's visit to India from 11 to 14 November; a joint statement followed on 14 November.
India and Nepal amend transit protocol to boost rail freight via Jogbani–Biratnagar
India and Nepal exchanged a Letter of Exchange amending the Protocol to the India–Nepal Treaty of Transit in New Delhi on 13 November 2025, during talks between Commerce Minister Piyush Goyal and Nepal's Industry, Commerce and Supplies Minister Anil Kumar Sinha.