Economy Current Affairs — Last 12 months
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Thu, 30 Jul 2026
India rises from 82nd to 57th in structural and pro-competitive reforms ranking: Competere Foundation report
A Competere Foundation report released on 30 July 2026 said India rose 25 places, from 82nd to 57th, in its Market Distortions Performance Index for reforms between 2010 and 2023.
APEDA facilitates first-ever air shipment of Karnataka's Neelam and Totapuri mangoes to the Maldives
On 30 July 2026 APEDA flagged off the first-ever air shipment of Karnataka's late-season Neelam and Totapuri mangoes to the Maldives, sourced from farmers in Kolar district.
Wed, 29 Jul 2026
Tue, 28 Jul 2026
India's exports hit record US$ 863.1 billion in FY 2025-26
The Commerce Ministry said on 28 July 2026 that India's total exports reached a record US$ 863.1 billion in FY 2025-26 – US$ 441.8 billion of merchandise and US$ 421.3 billion of services.
Index of Industrial Production grows 7.3% in June 2026
MoSPI's quick estimate released on 28 July 2026 showed the Index of Industrial Production (base 2022-23=100) grew 7.3% in June 2026, led by manufacturing (7.8%) and electricity & gas supply (10.6%).
Public Sector Banks' gross NPAs at historic low of 1.9%; record net profit of Rs 1.98 lakh crore in FY 2025-26
The Finance Ministry said on 28 July 2026 that Public Sector Banks' gross NPAs fell to a historic low of 1.9% at end-March 2026, with a highest-ever net profit of Rs 1.98 lakh crore and total business of Rs 283.3 lakh crore.
Assam exports first international consignment of Purabi ice cream to Bhutan
On 28 July 2026 Assam CM Himanta Biswa Sarma flagged off in Guwahati the first international consignment of Purabi ice cream – 5,627 litres – to Bhutan.
Mon, 27 Jul 2026
Task force for toy sector announced, targeting 5% global market share by 2032
Commerce Minister Piyush Goyal on 27 July 2026 announced a task force to help India reach a 5% share of the global toy market by 2032, and launched the Toy Sector Playbook at DPIIT's 'Team Up for Toys' meet.
Tourism Ministry signs MoU with Air India to promote India as a global destination
The Ministry of Tourism signed an MoU with Air India Limited in New Delhi on 27 July 2026 to promote India as a preferred global tourism destination under the Incredible India brand.
Sat, 25 Jul 2026
Fri, 24 Jul 2026
Cabinet approves BHAVYA Rasayan scheme for three Chemical Parks
The Union Cabinet on 24 July 2026 approved Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan), a ₹3,030 crore scheme to set up three dedicated Chemical Parks, announced in the Union Budget 2026-27.
India's services exports rise to USD 421.3 billion in FY 2025-26
India's services exports rose to USD 421.3 billion in FY 2025-26 from USD 387.5 billion in FY 2024-25, led by telecommunications, computer and information services, the Commerce Ministry told Parliament on 24 July 2026, citing RBI data.
167th Income Tax Day: Sitharaman outlines '5Rs' of responsive tax governance
Finance Minister Nirmala Sitharaman, at the CBDT's 167th Income Tax Day celebrations in New Delhi on 24 July 2026, outlined the '5Rs of Responsive Tax Governance' – Recognise, Respond, Redress, Reflect and Reform.
ODOP: 1,244 products identified across 773 districts
The Commerce Ministry told Parliament on 24 July 2026 that 1,244 products have been identified across 773 districts under DPIIT's One District One Product (ODOP) initiative.
Thu, 23 Jul 2026
US final Section 301 measures: India placed in lower tariff tier at 10%
The US Trade Representative on 23 July 2026 announced final measures under Section 301 of the US Trade Act, 1974, following its forced-labour investigation of 60 economies, placing India in the lower tier with an additional 10% ad valorem duty, down from the 12.5% proposed on 2 June 2026.
India and Israel conclude second round of FTA negotiations in New Delhi
India and Israel concluded the second round of negotiations for the proposed India–Israel Free Trade Agreement, held from 20 to 23 July 2026 at Vanijya Bhawan, New Delhi.
India concludes its Eighth Trade Policy Review at the WTO
India's Eighth Trade Policy Review (TPR) at the World Trade Organization in Geneva concluded on 23 July 2026, with 68 WTO Members participating; the Indian delegation was led by Commerce Secretary Rajesh Agrawal.
Wed, 22 Jul 2026
Tue, 21 Jul 2026
Mon, 20 Jul 2026
New Index of Core Industries series with base year 2022-23 adds iron ore
DPIIT's Office of Economic Adviser released the first Index of Core Industries (ICI) with base year 2022-23 on 20 July 2026, replacing the 2011-12 series and raising the number of core industries from eight to nine with iron ore.
India becomes a Party to the WTO Agreement on Fisheries Subsidies
India deposited its Instrument of Acceptance of the WTO Agreement on Fisheries Subsidies on 20 July 2026, becoming the 123rd WTO Member to do so and a Party to the Agreement.
UPI has 55.49 crore users as of June 2026
UPI had 55.49 crore users onboarded as of June 2026, and recorded 24,161.69 crore transactions worth ₹314.23 lakh crore in FY 2025-26, the Finance Ministry said on 20 July 2026.
APEDA facilitates Uttarakhand's first export of frozen French fries, to Iraq
APEDA facilitated the first export of 24 tonnes of frozen French fries from Kashipur in Uttarakhand's Udham Singh Nagar district to Iraq, announced on 20 July 2026.
Sat, 18 Jul 2026
Fri, 17 Jul 2026
NITI Aayog releases Investment Friendliness Index; Gujarat ranks first among Large States
NITI Aayog released the Investment Friendliness Index (IFI) on 17 July 2026, naming Gujarat, Maharashtra, Tamil Nadu, Goa and Odisha as Top Performers.
Census 2027: self-enumeration begins in Tamil Nadu and Tripura
Self-enumeration for the Houselisting and Housing Census (Phase I of Census 2027) began in Tamil Nadu and Tripura on 17 July 2026 and will remain open till 31 July 2026.
Dashehari and Langra mangoes reach Dubai by sea from Amroha under ICAR-CISH–APEDA protocol
A 12.5-tonne consignment of Dashehari and Langra mangoes from Amroha, Uttar Pradesh, reached Dubai by sea on 17 July 2026 using a sea-route protocol developed by ICAR-CISH and APEDA.
Bharat Tex 2026 draws ₹14,300 crore in textile investment commitments in first three days
Bharat Tex 2026 at Bharat Mandapam, New Delhi, drew about ₹14,300 crore of textile investment commitments with 30+ MoUs and 1,647 exhibitors in its first three days, the Textiles Ministry said on 17 July 2026.