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The Ministry of Statistics and Programme Implementation (MoSPI) has released details of a new Consumer Price Index series, moving the base year from 2011-12 to 2023-24. The revision draws on the Household Consumption Exp...
The 16th Finance Commission, chaired by Arvind Panagariya, kept the States' share of the divisible pool at 41% for 2026-27 to 2030-31. The Commission is a constitutional body under Article 280. Its main innovation is a n...
A January 2026 report by the United Nations University (UNU-INWEH), 'Global Water Bankruptcy: Living Beyond Our Hydrological Means in the Post-Crisis Era', says many water systems can no longer recover to past levels, a...
The State Bank of India launched 'CHAKRA' (Centre of Excellence for Sunrise Sectors) on 31 January 2026 to build expertise in evaluating and financing emerging high-technology industries. SBI has identified eight sunrise...
Overview Presented on February 1, 2026, the Union Budget for the fiscal year 2026-27 focused on a seven-sector manufacturing scale-up and the creation of 'Champion SMEs' to drive India toward its 2047 vision. The budget...
Overview In January 2026, India strengthened its industrial growth strategy by accelerating manufacturing expansion and boosting domestic production capabilities. The government focused on enhancing industrial output thr...
Overview In January 2026, India introduced and strengthened several governance and policy initiatives aimed at improving administrative efficiency, digital governance, and public service delivery. The focus remained on t...
The Reserve Bank of India published its Trend and Progress of Banking in India report. It says bad loans of banks (gross NPAs) fell to a 13-year low of 2.7% in March 2024 and then to 2.5% by September 2024. Return on ass...
The RBI has started reviewing its Scale-Based Regulation (SBR) framework for non-banking financial companies. SBR, in place since 2022, places NBFCs in four tiers, the Base, Middle, Upper and Top layers, by their size an...
OverviewOil marketing companies have implemented a significant revision in fuel prices starting the New Year. While commercial LPG prices saw a steep hike, Aviation Turbine Fuel (ATF) prices were reduced to support the a...
OverviewAs of January 1, 2026, the 8th Pay Commission framework officially becomes the reference point for central government salary and pension calculations. This follows the conclusion of the 7th Pay Commission's tenur...
Overview India has achieved a remarkable economic milestone by becoming the world's fourth-largest economy in 2025, surpassing Japan. The nation's Gross Domestic Product (GDP) has reached an impressive $4.18 trillion, ma...
