Economy Current Affairs
Daily Economy current affairs for UPSC and SSC — short India revision notes with why in news, key facts, prelims pointers, and mains angles.
Updated · UPSC & SSC
- PIBCabinet Approves 6-Lane Elevated Corridor in Varanasi Under Hybrid Annuity ModelThe Union Cabinet, chaired by PM Modi, approved a 46.039 km six-lane greenfield elevated corridor between NH-19 and Varanasi Ring Road at a total capital cost of ₹14,447.64 crore under the Hybrid Annuity Model (HAM). This project aims to decongest Varanasi's road network, reduce travel time by 67%, and boost connectivity to key religious, educational, and cultural sites.Infrastructure · Economy · Polity
- PIBprelimsAtal Innovation Mission Leads Regional AIM Dialogue-North East Chapter 2026The Regional AIM Dialogue-North East Chapter 2026, organized by NITI Aayog's Atal Innovation Mission, was held in Guwahati, Assam, to foster innovation-based development in the eight northeastern states. This event is significant as it aligns with the vision of a developed India @2047 and emphasizes the region's strategic role as India's gateway to Southeast Asia.Government Policies and Interventions · Science and Technology · Economy · Regional Geography
- PIBCabinet approves Varuna River elevated corridor in Varanasi under HAMThe Union Cabinet has approved a major infrastructure project for Varanasi to decongest the city. The 43.218 km elevated corridor along the Varuna River will improve connectivity and reduce travel time by 50%.Infrastructure · Economy · Government Policies and Interventions
- PIBprelimsCabinet approves Varuna River Elevated Corridor in Varanasi under HAMThe Union Cabinet has approved a 43.218 km elevated corridor along the Varuna River in Varanasi to decongest the city. This project, under the Hybrid Annuity Model, aims to improve connectivity between NH-31 and Varanasi Ring Road, reducing travel time by 50%.Infrastructure · Economy · Polity
- Hindustan TimesU.A.E. Gets Expanded AI Chip Access for Supporting U.S. in Iran WarThe U.S. has granted the U.A.E. expanded access to advanced AI chips, treating it like European countries, South Korea, and India for technology purchases. This decision rewards the U.A.E. for its military support in the U.S. war against Iran, including airstrikes and missile interception. The move highlights the strategic importance of AI chips in diplomatic negotiations.International Relations · Science and Technology · Security · Economy
- Asianet NewsableCabinet Approves Rs 2.19 Lakh Crore Projects: Semicon 2.0, Varanasi InfraThe Union Cabinet has approved seven major decisions with a total outlay of Rs 2,19,353 crore, including the Semicon 2.0 scheme and a new National Investment Policy for Urea-2026. These approvals are significant for boosting semiconductor manufacturing, mobile phone production, and infrastructure development in Varanasi.Government Policies and Interventions · Science and Technology · Infrastructure · Economy
- OrganiserIndia-UK CETA Operational: PM Modi Highlights Benefits for Farmers, MSMEsPrime Minister Narendra Modi announced the formal commencement of the India-UK Comprehensive Economic and Trade Agreement (CETA), marking a significant milestone in bilateral trade relations. The agreement is expected to boost economic ties and provide new opportunities for Indian farmers, entrepreneurs, and MSMEs.International Relations · Economy · Trade Policy
- Asianet NewsableIndia-UK FTA Historic, to Boost Trade by GBP 25 Billion: EnvoyThe India-UK Free Trade Agreement (FTA) has come into effect, hailed as a 'historic moment' by British High Commissioner Lindy Cameron. The deal is expected to significantly boost bilateral trade and reduce tariffs on key goods.International Relations · Economy · Trade Policy
- Asianet Newsable12th BRICS Labour Ministers' Meeting in HyderabadIndia is hosting the 12th BRICS Labour and Employment Ministers' Meeting in Hyderabad under its BRICS Chairship 2026. The meeting focuses on key labour issues like social security, women's workforce participation, and skills development.International Relations · Social Justice · Economy
- First PostIndia-UK Social Security Pact: Benefits for 75,000 Indian WorkersThe India-UK Free Trade Agreement (CETA) came into effect on July 15, along with the Double Contribution Convention (DCC) that exempts Indian workers from UK social security contributions for five years. This benefits around 75,000 Indian professionals working in Britain for a limited period, preventing loss of salary to social security payments.International Relations · Economy
- PIBPM Modi shares article on India-UK CETA and Social Security AgreementPrime Minister Narendra Modi shared an article by Union Minister Piyush Goyal on the India-UK Comprehensive Economic and Trade Agreement (CETA) and the Social Security Agreement, calling them a significant milestone in the bilateral partnership. These agreements are set to deepen economic ties and convert shared ambitions into concrete opportunities for people.International Relations · Economy
- Asianet NewsableIndia-UK CETA and Social Security Agreement: PM Modi Hails 'Significant Moment'PM Modi has welcomed the commencement of the India-UK Comprehensive Economic and Trade Agreement (CETA) and a Social Security Agreement, describing it as a 'significant moment' that will deepen economic ties and create opportunities for farmers, MSMEs, and professionals working temporarily in the UK.International Relations · Economy
- Times of IndiaIndia-UK CETA and Social Security Agreement Come Into EffectThe India-UK Comprehensive Economic and Trade Agreement (CETA) and Agreement on Social Security officially came into effect on July 15, 2026. Prime Minister Modi hailed this as a 'significant moment' that will deepen economic cooperation and create new opportunities for businesses, workers, and farmers.International Relations · Economy · Trade Policy
- PRSMonthly Policy Review — June 2026: GDP, RBI, FCRA, NFSAThis monthly policy review by PRS Legislative Research covers key economic and policy developments in June 2026, including GDP growth estimates, RBI's monetary policy stance, and important regulatory changes. It is relevant for UPSC and SSC exams as it touches on current affairs across economy, polity, and security.Economy · Polity · Security · Governance
- PRSIndustrial Relations (Central) Rules, 2026: Key Features and AnalysisThe Ministry of Labour and Employment notified the Industrial Relations (Central) Rules, 2026 on May 8, 2026, replacing the Industrial Disputes (Central) Rules, 1957 and the Industrial Employment (Standing Orders) Central Rules, 1946. These rules operationalise key provisions of the Industrial Relations Code, 2020, including procedures for layoffs, retrenchment, closure, and the constitution of works and grievance redressal committees.Polity · Economy · Social Justice
- PRSCorporate Laws (Amendment) Bill, 2026: Key ChangesThe Corporate Laws (Amendment) Bill, 2026 was introduced in Lok Sabha on March 23, 2026, aiming to amend the Companies Act, 2013 and the LLP Act, 2008. It proposes significant changes in decriminalisation, CSR thresholds, merger approvals, and compliance simplification, impacting corporate governance and ease of doing business.Polity · Economy
- PRSJan Vishwas Bill 2026: Decriminalising 80 Central ActsThe Jan Vishwas (Amendment of Provisions) Bill, 2026 was passed by both Houses of Parliament in April 2026. It aims to decriminalise or rationalise offences across 80 central Acts, continuing the government's ease of doing business reforms.Governance · Polity · Economy
- PIB8th Tranche Auction of Critical and Strategic Mineral Blocks LaunchedThe Ministry of Mines is launching the 8th tranche auction of critical and strategic mineral blocks on 15 July 2026. This is part of India's ongoing efforts to secure essential minerals for clean energy, advanced manufacturing, and strategic sectors.Economy · IR · Government Policies
- PIBPanchayati Raj Ministry Promotes Financial Self-Reliance of Panchayats via Virtual WorkshopsThe Ministry of Panchayati Raj conducted virtual outreach workshops on 13-14 July 2026 under the 'Aatmanirbhar Panchayat' programme, covering seven states. This initiative aims to enhance the financial self-reliance of Panchayati Raj Institutions (PRIs) by boosting their Own Source Revenue (OSR). The programme has now expanded to ten states, inviting innovative project proposals from eligible panchayats.Polity · Governance · Economy
- PIB80th BOCCS Meeting: Review of Canteen Services Department OperationsDefence Minister of State Sanjay Seth reviewed the functioning of the Canteen Services Department (CSD) during the 80th Board of Control Canteen Services (BOCCS) meeting in Ranchi on 14 July 2026. The meeting focused on improving service quality for serving and retired defence personnel and their families.Polity · Economy
- PIBprelimsसेवा उत्पादन सूचकांक: भारत की सेवा अर्थव्यवस्था का नया संकेतकभारत सरकार ने सेवा क्षेत्र के प्रदर्शन को मापने के लिए एक नया उच्च-आवृत्ति संकेतक, सेवा उत्पादन सूचकांक (ISP) प्रस्तुत किया है। यह पहली बार है जब सेवा क्षेत्र के उत्पादन के लिए समर्पित एक सूचकांक विकसित किया गया है, जो आर्थिक निगरानी और नीति निर्माण में मदद करेगा।Economy