India’s Retail Inflation Hits 8-Year Low at 1.54% in September, Dips Below RBI’s Target Range
India’s retail inflation cooled sharply in September 2025 to 1.54%, marking its lowest level in over eight years and falling below the Reserve Bank of India’s (RBI) 2–6% target range. The drop was largely driven by a continued decline in food prices, particularly vegetables, which have been on a downward trend since April. According to […]
Bharat Bandh on July 9: What’s Behind the Nationwide Strike?
India is set to witness a massive nationwide general strike ‘Bharat Bandh’ on Wednesday, July 9. As over 25 crore workers across key sectors prepare to walk off the job. The strike is being called by a joint platform of 10 central trade unions and supported by workers from the public and private sectors alike. […]
Cabinet Approves ₹99,446 Crore Employment Linked Incentive Scheme to Generate Over 3.5 Crore Jobs
🟡 Employment Linked Incentive (ELI) Scheme – 2025: Announced by: Union Cabinet on 1st July 2025 Total Outlay: ₹99,446 Crore Duration: 1st August 2025 to 31st July 2027 Target: Generate over 3.5 crore jobs in 2 years Beneficiaries: Part of PM’s ₹2 lakh crore employment package for 4.1 crore youth Objective: Create large-scale employment opportunities, […]
GST Collections Double in 5 Years, Hit Record ₹22.08 Lakh Crore in FY25
India’s gross Goods and Services Tax (GST) collections have reached an all-time high of ₹22.08 lakh crore in the financial year 2024–25, more than double the ₹11.37 lakh crore collected in FY21. The data was officially released on Monday, ahead of the eighth anniversary of the GST rollout. This growth marks a 9.4% increase over […]
India on the Verge of Massive Oil Discovery in Andaman Sea, Says Petroleum Minister Hardeep Singh Puri
Pointers- India may have discovered a large oil reserve in the Andaman Sea, similar to Guyana’s massive find. Early signs of oil, called “green shoots,” have already been seen in the region. Government reforms like the Open Acreage Licensing Policy (OALP) opened vast areas for exploration. ONGC drilled a record 541 wells in FY24, the […]
Centre Slashes Customs Duty on Crude Edible Oils to Cool Soaring Prices
In a major move to provide relief to households ahead of the upcoming festival season, the Central Government has slashed the Basic Customs Duty (BCD) on crude edible oils like crude sunflower, soybean, and palm oils from 20% to 10%. This change narrows the import duty gap between crude and refined edible oils from 8.75% […]