Page-2 of Economy & Banking Current Affairs
DPIIT Advances Trust-Based Governance to Ease Business Regulations
The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has reduced 47,957 compliance requirements across Central Ministries and States and...
Tata Communications Plans $450 Million AI Network
Tata Communications announced an investment of nearly $450 million, or about ₹4,350 crore, on 26 October 2026 to build high-speed network infrastructure for India’s artificial intelligence (AI) data-centre...
Kerala Plans India’s First Cooperative Airline
Kerala Chief Minister V.D. Satheesan announced government approval on October 26, 2026, for the Kerala Civil Aviation Development Cooperative Society to launch flight services. The proposed airline, tentatively...
PM Modi Inaugurates Arvind Textile Plant in Varanasi
Prime Minister Narendra Modi inaugurated Arvind Limited’s textile manufacturing plant at Khochwan, Mirzamurad, in Varanasi, Uttar Pradesh, on 25 October 2026. The facility, built at an approximate cost...
India Targets Fourfold Port Capacity by 2047
Union Commerce and Industry Minister Piyush Goyal announced on 25 October 2026 in Rotterdam that India aims to quadruple its port capacity by 2047. He said the country...
SMFCL Targets ₹60,205 Crore in Disbursements by 2031
Sagarmala Finance Corporation Limited (SMFCL) is India’s first dedicated maritime non-banking financial company (NBFC). It aims to make cumulative disbursements of ₹60,205 crore by the end of the...
India Targets 30 Million Tonnes of Fish Production in Five Years
India aims to raise annual fish production to 30 million tonnes within five years, from the current 19.7 million tonnes. Union Fisheries Secretary Abhilaksh Likhi stated the target...
US Energy Department Adds Helium to Critical Materials List
On 23 October 2026, US Secretary of Energy Chris Wright designated helium a critical material under the Energy Act of 2020. Helium became the 20th material on the...
NCDEX Launches NDEX and FINNDEX Equity Indices
On 22 October 2026, the National Commodities and Derivatives Exchange (NCDEX) launched NDEX and FINNDEX, two rule-based equity indices, in New Delhi. The launch extended NCDEX’s activities beyond...
Oil India Finds Natural Gas in Krishna-Godavari Basin
Oil India Limited (OIL) announced a natural gas discovery on 23 October 2026 in the shallow offshore block KG-DSF/GSKW/2018 in the Krishna-Godavari Basin. The discovery was made in...
Sunil Kumar named next ONGC Chairman
The government appointed Sunil Kumar, an Executive Director at Oil & Natural Gas Corporation (ONGC), as the company’s next Chairman on 22 October 2026. Kumar is the Executive...
