Category: Economy

In a significant boost to India’s agricultural exports, a consignment of 30 metric tons (MT) of GI-tagged jaggery from Muzaffarnagar, a region renowned for its high-quality sugarcane, was flagged off for export to Bangladesh. (Source: PIB)

The Agricultural and Processed Food Products Export Development Authority (APEDA) successfully facilitated the flagging off of the first consignment of Anthurium flowers from Aizawl, Mizoram, to Singapore. Key Highlights (Source: PIB)

Recently, the Standing Committee on Finance’s report on the MCA’s demands for grants for 2025-26 was tabled in the Lok Sabha. The report comprises many recommendations on Environmental, Social, and Governance (ESG) issue. Overview of Recommendations Implications for Corporate Governance India’s ESG Steps (Sources: BL and PIB)

IndusInd Bank recently reported derivative losses of ₹2,100 crore, leading to a 23% drop in its share price. The bank attributed this loss to a change in RBI rules regarding derivative portfolios, but the issue had been unresolved for some time, allowing losses to accumulate. Key Factors Behind the Loss Understanding Derivatives

India has achieved a historic milestone by surpassing one billion tonnes of coal production in the fiscal year 2024-25, reaching this mark on March 20, 2025—11 days ahead of the previous fiscal year’s total of 997.83 million tonnes. Significance of Coal in India’s Energy Landscape: Reforms and Policies Driving Increased Production: Economic Implications: Atmanirbharta (Source: PIB)

The Reserve Bank of India (RBI) has injected $10 billion into the financial system through a dollar/rupee swap auction. This move is aimed at addressing long-term liquidity concerns amid global financial instability. Why Did RBI Conduct This Swap? How Does a Dollar/Rupee Swap Work? This is only the second time RBI has conducted such a long-duration currency swap—the first being in 2019 under similar global financial conditions. (Source: The Hindu)

The Reserve Bank of India (RBI) on March 18 received bids exceeding twice the notified amount in its open market operation (OMO) purchase from banks. The central bank got bids worth more than Rs 1.01 lakh crore, against the notified amount of Rs 50,000 crore. Why is RBI Buying Government Securities? Other Liquidity Measures by RBI (Source: Financial Express)

The Union Cabinet has approved the Revised Rashtriya Gokul Mission (RGM) with a ₹3,400 crore outlay for 2021-26, aiming to enhance cattle productivity, improve milk production, and support dairy farmers. Key Highlights of the Revised RGM Impact of RGM in the Last Decade Nationwide Artificial Insemination Programme (NAIP)

The Reserve Bank of India (RBI) released the sixth round of India’s remittances survey on March 19, 2025, revealing significant shifts in the sources of remittances. Changing Trends in Inward Remittances Why the Shift? Employment Differences: Top Remittance-Receiving States (Source: Business Line)

The Insurance Regulatory and Development Authority of India (IRDAI) has granted the first reinsurance licence to a private player, Valueattics Reinsurance, backed by Prem Watsa and Kamesh Goyal. Key Highlights What is Reinsurance? (Source: Business Standard)

The Reserve Bank of India (RBI) has been recognized with the Digital Transformation Award 2025 by Central Banking, London, for its innovative digital initiatives—Pravaah and Sarthi. The awards committee noted how these digital initiatives have reduced the use of paper-based submissions, thus transforming RBI’s internal and external processes. Sarthi (Launched: January 2023) Pravaah (Launched: May 2024) (Source: News On Air)

Union Finance Minister Nirmala Sitharaman on March 10 tabled the Budget for financial year 2025-26 (FY26) for the state of Manipur with a total expenditure of ₹35,104 crore, up 7.5 per cent from the revised estimates of FY25.