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Page-2 of Economy & Banking Current Affairs

Ministry of Mines Holds Roadshow for Critical Mineral Auctions

The Ministry of Mines, Government of India, is holding a promotional roadshow in Patna, Bihar, on 17 August 2026 for the 8th tranche of Critical and Strategic Mineral...

August 17, 2026

Government to Allow Trading of Major Minerals on Exchange

The Government of India has announced a regulated electronic exchange for trading major minerals from the next financial year. The first phase will cover iron ore, limestone, manganese,...

August 16, 2026

Income Tax Department Rolls Out Foreign Asset Disclosure Scheme

The Central Board of Direct Taxes notified the Foreign Assets of Small Taxpayers-Disclosure Scheme, 2026, under Chapter IV of the Finance Act, 2026. The scheme provides an online...

August 15, 2026

PM Modi Announces ₹85,000 Crore for Samudra Manthan

Samudra Manthan is the National Offshore Exploration Scheme under the Ministry of Petroleum & Natural Gas. The Union Cabinet approved it on 31 July 2026 as a Central...

August 15, 2026

India Cuts Windfall Tax on Petrol Exports to Zero

India reduced the windfall gains tax on exports of petrol, diesel and aviation turbine fuel (ATF) through a notification issued by the Ministry of Finance on 15 August...

August 15, 2026

Government Removes 12-Minute Ad Cap for TV Channels

The Ministry of Information and Broadcasting removed the 12-minute-per-hour advertisement cap for television channels on 14 August 2026. The change applies to the advertising limit that had operated...

August 15, 2026

Sprite Tejas Express Becomes India’s First Brand-Named Train

The Lucknow-Delhi Tejas Express, train numbers 82501 and 82502, will run as the Sprite Tejas Express under a commercial branding arrangement. The Indian Railway Catering and Tourism Corporation...

August 14, 2026

Tamil Nadu Signs 97 MoUs for ₹67,452 Crore Investment

Tamil Nadu signed 97 fresh Memoranda of Understanding in Chennai on 13 August 2026 with a total investment commitment of ₹67,452 crore. The agreements were signed at the...

August 13, 2026

Widow and Orphan Cess on Fuel Begins in Himachal Pradesh

Himachal Pradesh introduced a Widow and Orphan Cess on petrol and high-speed diesel under Section 6-A of the Himachal Pradesh Value Added Tax Act, 2005. The State Taxes...

August 12, 2026

India Raises Urea Imports From Alternative Suppliers

India increased urea imports from Egypt, Algeria, Nigeria and Georgia in 2026 to support domestic fertiliser availability during supply disruptions linked to the West Asia war. During April...

August 12, 2026

NABARD Announces Climate Stack Innovation Challenge Winners

The National Bank for Agriculture and Rural Development (NABARD) announced the final winners of the National Climate Stack Innovation Challenge on 10 August 2026. The challenge was organised...

August 11, 2026

Tamil Nadu Raises Paddy and Sugarcane Procurement Incentives

Tamil Nadu announced higher state procurement incentives for paddy and sugarcane on 10 August 2026 during a session of the State Assembly in Chennai under Rule 110. The...

August 10, 2026

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