Current Affairs

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Page-2 of Economy & Banking Current Affairs

UPERC Approves Uttar Pradesh Power Purchase from Bhutan Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) approved Uttar Pradesh Power Corporation Ltd (UPPCL) to procure 511 MW of hydropower from the 600 MW Khorluchu Hydro Power Project...

June 6, 2026

India Sets $30 Billion Seafood Export Target by 2031

India has set a target of 30 billion in seafood exports by 2031, against the present export value of about 8.5 billion. The target was announced in June...

June 6, 2026

India Records 7.7% GDP Growth in FY26

India’s Gross Domestic Product (GDP) grew by 7.7% in Fiscal Year 2025-26, and the economy expanded by 7.8% in the fourth quarter of FY26 from January to March...

June 6, 2026

United States Becomes India’s Largest LPG Supplier

India’s liquefied petroleum gas (LPG) import pattern changed in 2026, with the United States becoming India’s largest supplier and the Middle East losing its earlier dominant share. India...

June 4, 2026

Government Forms Six Sector-Specific Working Groups

The Indian government constituted six sector-specific working groups on 4 June 2026 to identify up to 100 products for domestic manufacturing and import substitution. The groups cover pharmaceuticals,...

June 4, 2026

BHEL Secures Nigeria Refinery Export Order

Bharat Heavy Electricals Limited (BHEL) signed a contract on 2 June 2026 with Dangote Petroleum Refinery & Petrochemicals Free Zone Enterprise in Nigeria for a refinery and petrochemical...

June 4, 2026

Government allocates ₹10,000 crore for aviation fuel prices

On 3 June 2026, the Union Cabinet approved a one-time budgetary support of up to ₹10,000 crore for Oil Marketing Companies to stabilise Aviation Turbine Fuel prices for...

June 4, 2026

India to Launch Producer Price Index in 2026

India will launch a new Producer Price Index (PPI) series and a revised Wholesale Price Index (WPI) series on 15 June 2026 with base year 2022-23. The WPI...

June 2, 2026

Meesho, BSE Launch Project Shikhar for SME Listings

Meesho and the Bombay Stock Exchange (BSE) launched Project Shikhar on 2 June 2026 through a Memorandum of Understanding (MoU). The initiative is linked to the BSE SME...

June 2, 2026

Banks Sanction ₹35,194 Crore Under ECLGS 5.0

The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 is a government credit guarantee scheme approved by the Union Cabinet on 5 May 2026 for industries affected by the...

June 1, 2026

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