Page-2 of Economy & Banking Current Affairs
Essar Ports wins ₹2,276-crore contract to build cargo terminal at Kandla
Essar Ports Limited received a Letter of Award from the Deendayal Port Authority (DPA) on 21 October 2026 to develop a multipurpose cargo terminal at Tuna Tekra in...
Half of India’s Coal-Fired Power Plants Face Low Stocks
As of 19 October 2026, 96 of India’s 191 coal-fired power plants had critically low coal stocks, defined as less than three days of fuel supply. The number...
CBDT Introduces Form 173A for Government Securities Tax Exemptions
The Central Board of Direct Taxes (CBDT) introduced Form 173A on 19 October 2026 for claims of income-tax exemptions on interest and capital gains from government securities. The...
US Targets $500 Billion in India Trade Within Three Years
The United States aims to raise bilateral trade with India to more than 500 billion within three years. US Ambassador to India Sergio Gor announced the target in...
India–New Zealand FTA Comes into Force with Zero-Duty Access
The India–New Zealand Free Trade Agreement (FTA) came into force on October 20, 2026. New Zealand eliminated tariffs on all Indian goods from that date, while India began...
Maersk Plans First Drydocking in India with L&T
A.P. Moller – Maersk plans to drydock its Singapore-flagged container vessel Maersk Chattogram at Larsen & Toubro’s Kattupalli Shipyard near Chennai in October 2026. The vessel is expected...
Trade Margin Rationalisation Covers 137 Anti-Cancer Drugs
On 17 October 2026, the National Pharmaceutical Pricing Authority (NPPA) announced Trade Margin Rationalisation (TMR) for 137 non-scheduled anti-cancer drugs. The NPPA operates under the Department of Pharmaceuticals,...
RBI Grants NOC for PFC-REC Merger
The Reserve Bank of India (RBI) issued a No-Objection Certificate (NOC) to REC Limited on 15 October 2026 for its proposed merger into Power Finance Corporation Limited (PFC)....
CapitaLand India Trust Unveils Chennai Data Centre
CapitaLand India Trust (CLINT) unveiled CapitaLand Data Centre Chennai 01 in Ambattur, Tamil Nadu, on 15 October 2026. The project, jointly held by CLINT and CapitaLand India Data...
APEDA Facilitates Organic Palmyra Jaggery Powder Export to Bulgaria
On 15 October 2026, the Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the flag-off of a 1.755-metric-tonne maiden export consignment of organic Palmyra Jaggery Powder...
Essar Oil & Gas Secures Five Coal Bed Methane Blocks
Essar Oil & Gas Ltd. secured five Coal Bed Methane (CBM) blocks in India on 15 October 2026. The Government of India awarded the blocks under the Special...
