Mobile Phone Manufacturing Scheme with ₹62,500 crore outlay explained: know its five-year tenure, incentives, domestic sourcing, employment target and exam-important facts. Government Launches a Major Push for Mobile Manufacturing The Centre has notified the ₹62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to strengthen India’s position as a major global hub for electronics and smartphone manufacturing….
FAST-DS 2026 disclosure scheme gives eligible taxpayers an opportunity to disclose specified undisclosed foreign assets and income. Know the deadline, thresholds, tax rate, CBDT role and key exam facts. Government Opens a Limited Window for Foreign Asset Disclosure The Government of India has introduced the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (FAST-DS 2026)…
July retail inflation 2026 rose to 4.45% as food prices increased. Know CPI inflation, food inflation, RBI target, rural-urban inflation and key exam facts. India’s Retail Inflation Rises in July 2026 India’s retail inflation, measured through the Consumer Price Index (CPI), increased to 4.45% in July 2026, compared with 4.38% in June 2026. The latest…
RBI upper layer NBFC list for FY2026–27 has 17 entities, with REC, PFC, IRFC and HUDCO added. Check key facts, framework and exam points. RBI Announces New Upper Layer NBFC List for FY2026–27 The Reserve Bank of India (RBI) has expanded the list of Non-Banking Financial Companies classified under the Upper Layer (NBFC-UL) to 17…
RBI polymer banknotes FY28 plan explained with features, benefits, security advantages, expected rollout timeline, and important facts for UPSC, Banking, SSC, Railways and other government exams. RBI’s New Initiative to Modernise Indian Currency System The Reserve Bank of India (RBI) is preparing to introduce polymer banknotes in India from the beginning of the financial year…
OmniCard UPI based Flexi Benefits Wallet is India’s first digital employee benefit solution that enables tax-saving benefits through UPI payments. Learn about its features, significance, and exam-related facts for UPSC, Banking, SSC, Railways and other competitive exams. A New Milestone in India’s Digital Employee Benefits Ecosystem India’s fintech sector has witnessed another significant innovation with…
RBI polymer banknotes field trial for ₹10 and ₹20 notes marks a major step in India’s currency modernisation. Know RBI’s plan, benefits, security features, and exam-important facts about polymer currency. India’s Currency Modernisation Takes a Major Step Forward The Government of India has approved the proposal of the Reserve Bank of India (RBI) to introduce…
RBI Polymer Banknotes Field Trial: Government approves testing of ₹10 and ₹20 polymer notes by RBI to assess durability, security features, and future currency management improvements in India. Government Approves RBI’s Proposal for Polymer Banknotes In a significant step towards modernizing India’s currency system, the Government of India has approved the Reserve Bank of India…
Electronic Gold Receipts India explained: Learn how the NSE’s SEBI-regulated Electronic Gold Receipts (EGRs) work, their benefits, key features, exam relevance, historical background and important facts for UPSC, SSC, Banking, Railways and State PSC exams. Introduction The National Stock Exchange (NSE) has introduced Electronic Gold Receipts (EGRs), marking a significant step towards modernising India’s gold…
India June Trade Deficit 2026 increased to $30.43 billion, rising 59% year-on-year. Learn the reasons, impact on the Indian economy, current account deficit, important facts, FAQs, and MCQs for UPSC, SSC, Banking, Railways, Defence, and State PCS exams. India Records Sharp Rise in Merchandise Trade Deficit India’s merchandise trade deficit widened significantly to $30.43 billion…
