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Page-7 of Economy & Banking Current Affairs

Mission Golden Spice for Lakadong Turmeric

Union Minister for Development of North Eastern Region Jyotiraditya M. Scindia and Meghalaya Chief Minister Conrad K. Sangma launched Mission Golden Spice – Integrated Lakadong Turmeric Value Chain...

July 22, 2026

Amul Bengal Dairy to Host World’s Largest Curd Plant

Amul has begun work on an integrated dairy project in West Bengal that will include the world’s largest curd manufacturing facility. The project is located at Howrah Food...

July 21, 2026

Sikkim Presents Rs 19,215 Crore Budget for 2026-27

Sikkim Chief Minister Prem Singh Tamang presented the State Budget for 2026-27 in the Legislative Assembly on 20 July 2026. The budget size is Rs 19,215 crore, with...

July 21, 2026

RBI Forex Swap Facility Attracts Over $20.7 Billion

The Reserve Bank of India’s concessional forex swap facility had attracted over $20.7 billion, or about ₹2 lakh crore, in foreign exchange inflows by 17 July 2026. The...

July 21, 2026

India Tightens Tax Treaty Rule with Sri Lanka

India has introduced an anti-abuse rule in its tax treaty framework with Sri Lanka. The rule allows tax authorities to deny treaty benefits when obtaining those benefits was...

July 21, 2026

India Raises Windfall Tax on Diesel, ATF Exports

India revised its windfall tax on petroleum product exports with effect from 16 July 2026. The Ministry of Finance issued the revised rates on 15 July 2026 under...

July 20, 2026

IFSCA Revises Credit Rating Rules for GIFT City

The International Financial Services Centres Authority (IFSCA) revised the credit rating framework for the International Financial Services Centre in GIFT City, Gujarat, through Circular No. IFSCA-CMIR/1/2026-CMIR dated 16...

July 18, 2026

Fact Box: Mobile Phone Manufacturing Scheme

The Union Cabinet approved the Mobile Phone Manufacturing Scheme (MPMS) on 15 July 2026 with a budgetary outlay of ₹62,500 crore. The scheme will run for five years...

July 18, 2026

RBI Introduces New SNFA Framework

The Reserve Bank of India has introduced a prudential framework for Specified Non-Financial Assets (SNFAs) through amendments to the Resolution of Stressed Assets Directions, 2025. The framework applies...

July 18, 2026

Centre Launches Global Trade Guidebook for MSMEs

On 16 July 2026, the Centre for Trade and Investment Law at the Indian Institute of Foreign Trade, in collaboration with the Confederation of Indian Industry, launched a...

July 17, 2026

Government issues draft CAFE III norms

The Government of India released the draft Corporate Average Fuel Economy (CAFE) III norms on 16 July 2026. The draft applies to M1 category passenger vehicles manufactured or...

July 16, 2026

Project INROAD Expands Natural Rubber Plantations in North-East

Project INROAD, or Indian Natural Rubber Operations for Assisted Development, is a plantation expansion initiative for natural rubber in North-East India and West Bengal. By 15-16 July 2026,...

July 16, 2026

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