Economy Current Affairs — Last 12 months
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Sat, 08 Aug 2026
Government clarifies no UPI charges for users; MDR, if any, only for some merchant transactions
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.
Amit Shah inaugurates NUCFDC's Mumbai premises and launches 'Bank in a Box' for urban cooperative banks
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 facilitates first sea-route export of GI-tagged Mithila Makhana from Bihar to Australia
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
16th BRICS Trade Ministers' Meeting in Jaipur issues Jaipur Consensus on MSME trade finance
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.
12th India–Russia Working Group on Modernization and Industrial Cooperation meets in New Delhi
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
Tribal Affairs Ministry signs MoUs with incubators to reach about 1,000 ST entrepreneurs
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.
10th BRICS Industry Ministers' Meeting in Jaipur adopts joint declaration on MSMEs, photovoltaics and startups
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 organises BIOFACH INDIA 2026 in Greater Noida to promote certified organic products
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's crude steel output rises 2.6% to 56.3 MT in April–July 2026
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
Government notifies inventory-based cross-border e-commerce export framework under FTP 2023
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.
DRI seizes 364 MT of Pakistan-origin dry dates misdeclared as UAE origin at Kandla
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.
Railways allows container train operators a single All India licence with Rs 25 crore fee
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.
MSME Ministry and DPIIT sign MoU to commercialise GI products under 'Bharat GI' banner
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.
'As Seen on Netflix' section launched on Incredible India portal
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
Six coal blocks auctioned in 15th round of commercial coal mine auctions
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.
Gwalior Telecom Manufacturing Zone secures ₹5,500 crore in investment commitments
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.
BRICS heads of National Statistical Offices meet in Lucknow
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
KCC-MISS: every ₹1 adds ₹2.30 to farm value addition, finds ISEC assessment
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.
Centre of Excellence for Handloom Technology inaugurated at IIT Delhi
Textiles Minister Giriraj Singh inaugurated the Centre of Excellence for Handloom Technology at IIT Delhi on 3 August 2026 and launched five flagship initiatives.
Goyal calls for doubling India–Uzbekistan trade at business forum
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 freight loading rises 9% to 141.3 MT in July 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.
99.92% of inhabited villages now have a banking outlet within 5 km
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 launches revamped 'TRAI MyCall' app for voice-call quality feedback
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.
Captive and commercial coal mines produce 14.78 MT in July 2026, up 9.61%
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
Sat, 01 Aug 2026
Fri, 31 Jul 2026
Thu, 30 Jul 2026
Maldives' Favara instant payment system linked with India's UPI; cross-border corridor goes live
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.
DFS launches India's first sovereign-backed Protection & Indemnity insurance under Bharat Maritime Insurance Pool
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.
DoT and Madhya Pradesh sign MoU for India's first Telecom Manufacturing Zone in Gwalior
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.