E-Rupee Pilot Launched for Food Subsidy
Why in the News ? The Union government has launched a pilot in Puducherry to distribute food subsidy using the RBI’s e-rupee (CBDC). This marks the first instance of programming […]
NET FDI TURNS NEGATIVE FOR FOURTH STRAIGHT MONTH
Why in the News? FDI Outflows: India’s net foreign direct investment (FDI) remained negative for the fourth consecutive month in November 2025, with outflows exceeding inflows. This trend has raised […]
INDIANS’ OVERSEAS SPENDING FALLS SHARPLY
Why in the News? Outward Decline: Indians’ abroad spending and remittances dropped to a two-year low of $1.94 billion in November 2025. This trend could have implications for environmental clearances […]
IMF RAISES INDIA GROWTH FORECAST
Why in the News? Growth upgrade: International Monetary Fund raised India’s 2025 growth forecast by 0.7 percentage points to 7.3%, citing strong recent performance. Outlook update: The revision was announced […]