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INDIA’S INDUSTRIAL GROWTH: IIP ACCELERATION AND THE STRENGTHENING OF MANUFACTURING Why in the News? India’s Index of Industrial Production (IIP) growth accelerated to 8% in August 2026, up from 7.35% in July, making it the second-highest growth rate since the new IIP series began in April 2024. The expansion was supported by strong performances in …
Read MoreWHAT WOULD IT TAKE TO TRIPLE THE SIZE OF INDIA’S ECONOMY Syllabus: GS-3: Indian economy Growth and development Effects of Liberalization on the Economy Why in the News? JPMorgan Chase Chairman and CEO Jamie Dimon recently suggested that India’s economy could become three times its current size over the next decade. The projection has renewed …
Read MoreWORLD MARITIME DAY: MARITIME SECTOR AS ANCHOR OF GLOBAL TRADE WHY IN THE NEWS ? World Maritime Day is observed annually on the final Thursday of September to highlight the contribution of shipping, seafarers and maritime professionals to global trade and development. The 2026 theme, “From Policy to Practice: Powering Maritime Excellence,” emphasises effective implementation …
Read MoreQUALITY CONTROL AND INDIA’S MANUFACTURING GROWTH Syllabus: GS-3: Effects of Liberalization on the Economy Industrial Policy and their Effects on Industrial Growth Why in the News? India is reassessing its expanding Quality Control Orders (QCOs) amid concerns that mandatory certification can raise input costs, restrict supply and weaken manufacturing competitiveness. The issue was also raised …
Read MoreUPI: A DECADE OF INDIA’S DIGITAL PAYMENTS REVOLUTION Why in the News? The Unified Payments Interface (UPI) completed 10 years on 25 August 2026, marking a major milestone in India’s Digital Public Infrastructure (DPI). From 1.78 crore transactions in 2016-17, annual UPI transaction volume has risen to over 24,162 crore transactions in 2025-26, alongside rapid …
Read MoreIMF LOWERS GLOBAL GROWTH FORECAST TO 3%; INDIA’S TO 6.4% Why in the News? IMF Outlook Update: The International Monetary Fund lowered its 2026 global growth forecast to 3.0% and marginally reduced India’s GDP growth forecast for FY2026–27 from 6.5% to 6.4%. Reason: The revision reflects heightened uncertainty due to West Asia tensions, elevated energy …
Read MoreFOUR CHALLENGES THAT DEMAND ATTENTION IN INDIA’S FTAs Why in the News? India–Oman Comprehensive Economic Partnership Agreement (CEPA) came into effect on 1 June, expanding India’s network of Free Trade Agreements (FTAs) and enhancing international trade opportunities. India currently has 15 FTAs covering 27 countries, while 9 additional trade agreements with 42 countries are under …
Read MoreGREATER TRANSPARENCY IN INDIA’S BANKING SYSTEM Syllabus: GS 3: Banking system Issues related to Banking system Why in the News? The Reserve Bank of India (RBI) released draft amendments to Basel III Pillar 3 disclosure norms to enhance transparency, strengthen market discipline, and align Indian banking disclosures with global regulatory standards. BASEL III FRAMEWORK ● …
Read MoreRupee Slide and Fragile Five: Economic Warning Signs Syllabus: GS-2: Fiscal Policy , Monetary Policy, Capital Market Why in the News ? The Indian rupee recently hit an all-time low of ₹95.33 per US dollar, marking a 12% depreciation over the past year. This sharp fall has raised concerns about a return to the “Fragile …
Read MoreFicci Opposes Extended Audit Restrictions in Proposed Law Why in the News ? Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the government to drop a proposed audit rule change under the Companies Act amendment, citing higher costs, reduced efficiency, and potential decline in service quality for corporates. FICCI’s Concerns Over Proposed …
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