India GST Collections July 2026 recorded a 15.4% increase to ₹2.11 lakh crore. Learn the reasons behind the growth, key highlights, historical background, exam-oriented facts, FAQs, and MCQs for UPSC, SSC, Banking, Railways, Defence, and PCS aspirants. India Records Strong GST Revenue Growth India’s Gross Goods and Services Tax (GST) collections reached ₹2.11 lakh crore…
India net direct tax collections increased by 16.4% to ₹6.51 lakh crore as of July 13, FY 2026–27. Learn key highlights, CBDT updates, economic significance, FAQs, and MCQs for UPSC, SSC, Banking, Railways, PCS, Defence, and other competitive exams. Strong Growth in Direct Tax Collections India’s net direct tax collections have registered a robust year-on-year…
India Wholesale Inflation June 2026 increased to 9.87% as food and fuel prices pushed the Wholesale Price Index higher. Learn WPI, CPI, causes, economic impact, key takeaways, FAQs, and MCQs for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. Understanding the Rise in Wholesale Inflation India’s wholesale inflation, measured by the Wholesale Price Index…
Index of Services Production is India’s new monthly economic indicator launched by MoSPI with the 2024-25 base year. Learn its objectives, methodology, sectors covered, significance, historical background, key takeaways, FAQs, and MCQs for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. India Introduces a New Indicator to Measure the Services Sector The Ministry of…
Ashok Vaswani Kotak CEO resignation 2026 explained in detail. Learn why the Kotak Mahindra Bank leadership transition is important, RBI’s role in CEO appointments, corporate governance, key facts, MCQs, and exam-focused current affairs for UPSC, SSC, Banking, Railways, Defence, and State PSC exams. Leadership Transition Announced at Kotak Mahindra Bank Kotak Mahindra Bank has announced…
RBI Variable Rate Repo Auction 2026 explained in detail. Learn why the RBI injected ₹1.41 lakh crore through a 7-day VRR auction, its impact on banking liquidity, monetary policy, economy, and competitive exams like UPSC, SSC, Banking, RBI Grade B, and State PSC. Introduction The Reserve Bank of India (RBI) has injected ₹1.41 lakh crore…
Chennai petroleum navratna status has been granted by the Government of India, making CPCL the 28th Navratna CPSE. Learn its significance, benefits, eligibility criteria, exam highlights, FAQs, and MCQs for UPSC, SSC, Banking, Railways, and State PSC exams. Introduction to the Development The Government of India has granted Navratna status to Chennai Petroleum Corporation Limited…
India digital wallet growth 2025 shows India leading global digital payment revolution driven by UPI, fintech innovation, and cashless economy transformation, boosting financial inclusion and economic transparency. India Emerges as Global Leader in Digital Wallet Downloads India has once again strengthened its position as a global digital economy leader by topping the list of digital…
India Nepal UPI remittance service launched with UPI-NPI integration enabling instant cross-border payments. Learn key facts, benefits, exam notes, MCQs, and important current affairs insights for UPSC, SSC, Banking, Railways, and PSC exams. Introduction to the Landmark Digital Payment Initiative India and Nepal have launched a major cross-border digital payment initiative by linking India’s Unified…
Current account surplus Q4 FY26 India reached $7.1 billion, supported by strong services exports and remittances. Learn its significance, impact on the economy, and exam-relevant facts. Introduction: A Positive Turn in India’s External Sector India registered a surprise current account surplus of $7.1 billion (0.7% of GDP) during the fourth quarter (January–March) of FY26, according…
