Economy Current Affairs — Last 12 months
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Thu, 09 Oct 2025
Mines Ministry holds roadshow for Tranche VI auction of 23 critical and strategic mineral blocks
On 9 October 2025 the Ministry of Mines held a roadshow in New Delhi for Tranche VI of critical and strategic mineral block auctions, covering 23 blocks (19 composite licences and 4 mining leases), with bids due by 1 December 2025.
Centre releases XV Finance Commission grants: ₹410.76 crore to Andhra PRIs, ₹680.71 crore and ₹151 crore health grant to West Bengal
PIB reported on 9 October 2025 that the Centre released first instalments of XV Finance Commission untied grants for 2025–26 — ₹410.76 crore to Andhra Pradesh's rural local bodies and ₹680.71 crore to West Bengal's — plus a ₹151 crore health grant to West Bengal.
GST cuts and Arunachal Pradesh: kiwi, Arunachal Orange, Yak Churpi and crafts move to 5%
A PIB explainer on 9 October 2025 said GST on Arunachal Pradesh's key farm, processed and craft products has fallen from 12–18% to 5%, helping kiwi (over 50% of India's output), GI-tagged Arunachal Orange, Adi Kekir ginger and Yak Churpi.
Wed, 08 Oct 2025
Piyush Goyal co-chairs first India–Qatar Joint Commission in Doha; goal to double trade by 2030, UPI launched in Qatar
Commerce Minister Piyush Goyal co-chaired the first meeting of the upgraded India–Qatar Joint Commission on Economic and Commercial Cooperation in Doha, where the two sides set a goal of doubling trade by 2030 and he launched UPI services in Qatar (PIB, 8 October 2025).
GST reforms and Kerala: 5% rate on cashew, coir, spices, seafood and tea; GI products like Malabar Pepper and Vazhakulam pineapple gain
A PIB explainer of 8 October 2025 says the GST rate cuts to 5% on cashew, coir, spices, processed seafood, tea and GI products such as Malabar Pepper and Vazhakulam pineapple will cut costs by about 6–11% for Kerala's producers.
Coal Ministry issues vesting orders for five commercial coal blocks; total vested/allocated reaches 125
On 8 October 2025 the Ministry of Coal, through its Nominated Authority, issued vesting orders for five commercial coal blocks, taking the total vested or allocated under commercial auctions to 125.
Tue, 07 Oct 2025
PM Surya Ghar: public sector banks sanction 5.79 lakh rooftop-solar loans worth ₹10,907 crore
As of September 2025, public sector banks had sanctioned over 5.79 lakh loan applications worth ₹10,907 crore under the PM Surya Ghar Muft Bijli Yojana for rooftop solar, the Finance Ministry said on 7 October 2025.
7th India–Brazil Trade Monitoring Mechanism meets in New Delhi; India–MERCOSUR PTA expansion discussed
On 7 October 2025 the 7th meeting of the India–Brazil Trade Monitoring Mechanism was held at Vanijya Bhawan, New Delhi, co-chaired by Commerce Secretary Rajesh Agrawal and Brazil's Secretary of Foreign Trade Tatiana Lacerda Prazeres.
GST reforms and Punjab: 12% → 5% on phulkari, woollens, Punjabi jutti, dairy, dry fruits and Ludhiana bicycles
A PIB explainer of 7 October 2025 says GST cuts from 12% to 5% on Punjab's textiles, handicrafts such as GI-tagged phulkari, footwear, dairy, agro products and bicycles will make them cheaper and more competitive.
World Cotton Day 2025 in New Delhi: theme 'Cotton 2040'; push for Kasturi Cotton Bharat brand
On 7 October 2025 the Ministry of Textiles and CITI marked World Cotton Day in New Delhi on the theme 'Cotton 2040: Technology, Climate & Competitiveness', with Textiles Minister Giriraj Singh promoting the Kasturi Cotton Bharat brand.
Mon, 06 Oct 2025
Arunachal Pradesh's first commercial coal mine opens at Namchik Namphuk, Changlang
On 6 October 2025 Coal and Mines Minister G. Kishan Reddy and Arunachal Pradesh CM Pema Khandu inaugurated the Namchik Namphuk Coal Mine in Changlang district, the state's first commercial coal mining project, with reserves of 1.5 crore tonnes.
Fourth Kautilya Economic Conclave (KEC 2025) on 'Seeking Prosperity in Turbulent Times' concludes in New Delhi
The Fourth Kautilya Economic Conclave, held in New Delhi from 3 to 5 October 2025 by the Institute of Economic Growth with the Finance Ministry on the theme 'Seeking Prosperity in Turbulent Times', concluded with an address by External Affairs Minister S. Jaishankar.
Sonowal receives VLGC Shivalik, India's third Very Large Gas Carrier under the Indian flag, at Visakhapatnam
On 6 October 2025 at Visakhapatnam, Shipping Minister Sarbananda Sonowal received 'Shivalik', the Shipping Corporation of India's third Very Large Gas Carrier, sailing under the Indian flag.
NITI Aayog's fourth Trade Watch Quarterly (Q4 FY25): total trade $441 billion; spotlight on leather and footwear
On 6 October 2025 in New Delhi, NITI Aayog CEO B.V.R. Subrahmanyam released the fourth edition of Trade Watch Quarterly for January–March 2025, reporting total trade of $441 billion and focusing on the leather and footwear sector.
Competition Commission releases market study on Artificial Intelligence and Competition
On 6 October 2025 the Competition Commission of India released its 'Market Study on Artificial Intelligence and Competition', conducted through the Management Development Institute Society, urging self-audits of AI systems and steps to lower entry barriers.
Sun, 05 Oct 2025
Amit Shah inaugurates India's first cooperative multi-feed Compressed Biogas plant at Kopargaon, Maharashtra
On 5 October 2025 at Kopargaon in Ahilyanagar district, Maharashtra, Union Cooperation Minister Amit Shah inaugurated the country's first cooperative multi-feed Compressed Biogas (CBG) plant.
IICA to host 2nd National Conference on CSR (NCCSR 2025) on tribal development in New Delhi
On 5 October 2025, the Indian Institute of Corporate Affairs announced it would host the 2nd National Conference and Exhibition on Corporate Social Responsibility (NCCSR 2025) in New Delhi on 6–7 October.
Sat, 04 Oct 2025
Mines Ministry issues guidelines for ₹1,500 crore Critical Mineral Recycling Incentive Scheme
On 4 October 2025, the Ministry of Mines said it had issued guidelines on 2 October for the ₹1,500 crore Critical Mineral Recycling Incentive Scheme, with applications open until 1 April 2026.
Employment rose to 64.33 crore in 2023–24, unemployment fell to 3.2%: government explainer
On 4 October 2025, a government explainer citing the Labour Ministry said employment in India rose from 47.5 crore in 2017–18 to 64.33 crore in 2023–24, and unemployment fell from 6.0% to 3.2%.
Sitharaman launches 'Aapki Poonji, Aapka Adhikar' campaign on unclaimed financial assets in Gandhinagar
On 4 October 2025 in Gandhinagar, Gujarat, Finance Minister Nirmala Sitharaman launched 'Aapki Poonji, Aapka Adhikar', a nationwide campaign from October to December 2025 to help citizens trace and claim unclaimed financial assets.
'India-Singapore @60' business session in Singapore marks 60 years of diplomatic ties
On 4 October 2025 in Singapore, Commerce Minister Piyush Goyal gave the keynote at the 'India-Singapore @60: Partnership for Growth & Engagement' business session, marking 60 years of India–Singapore diplomatic relations.
MoSPI releases Discussion Paper 2.0 on treating free PDS items in CPI
On 4 October 2025, the Statistics Ministry released Discussion Paper 2.0 on how free Public Distribution System (PDS) foodgrains should be treated in compiling the Consumer Price Index, as part of the CPI base revision.
Textiles Ministry launches 'Swadeshi Campaign' to boost domestic demand for handloom and textiles
On 4 October 2025, the Ministry of Textiles announced a nationwide 'Swadeshi Campaign', running for 6 to 9 months, to boost domestic demand for handloom, handicrafts and textiles, especially among millennials and Gen Z.