Current Affairs

Indian economy grew by 6.2 in real terms

Indian economy grew by 6.2 in real terms during the October-December quarter of the current financial year 2024-25, according to official data released by the Ministry of Statistics and Programme Implementation on 28 February 2025.

Super Billionaires

The Wall Street Journal published the list of 24 individuals dubbed super billionaires on 27 February 2025.

Indias annual wind power capacity

According to a Crisil report, Indias annual wind power capacity addition is projected to more than double to an average of 7.1 GigaWatts (GW) over the next two financial years, compared with 3.4 GW in fiscal year 2023-24.

Indian Technology Industry

The Indian technology industry is projected to achieve $300 billion in revenue by the financial year 2026-27, according to a report by Nasscom.

Asia-Pacific Economy

Moodys Analytics said, Indias growth will slow to 6.4 percent in 2025, from 6.6 percent in 2024, as new US tariffs and softening global demand weigh on exports.

State Bank of India (SBI)

The State Bank of India (SBI) has estimated GDP growth during the current financial year (2024-25) to be 6.3 percent in its research report.

Tech-Driven Economy

Bain Company and Nasscom released the India @2047: Transforming India into a Tech-Driven Economy report on 20 February 2025.

Wholesale Price Index (WPI)

Indias annual Wholesale Price Index (WPI) inflation eased to 2.31 in January 2025 from 2.37 in December 2024, according to data released by the Commerce and Industry Ministry on 14 February 2025.

Reserve Bank of India (RBI)

The Reserve Bank of India (RBI) has announced that it will inject Rs 2,50,000 crore through its Variable Rate Repo (VRR) auction to enhance liquidity in the banking system.

Securities and Exchange Board of India (SEBI)

The Securities and Exchange Board of India (SEBI) introduced a new digital platform, MITRA, to assist investors in tracking and reclaiming inactive or unclaimed mutual fund folios on 12 February 2025.

Indias net direct tax collection

Indias net direct tax collection, comprising corporate tax and personal income tax, increased by 14.69 to cross Rs.17.78 lakh crore as of February 10 in the current financial year (2024-25), compared to Rs.15.51 lakh crore in the same period of 2023-24, according to data released by the Central Board of Direct Taxes (CBDT) on 11 February 2025.

Foreign Direct Investment (FDI)

According to data from the Department for Promotion of Industry and Internal Trade (DPIIT), India has surpassed the $1 trillion mark in cumulative Foreign Direct Investment (FDI) inflows from April 2000 to September 2024.

Reserve Bank of India (RBI)

Reserve Bank of India (RBI) Governor Sanjay Malhotra confirmed that the Monetary Policy Committee (MPC) had unanimously decided to reduce the policy rate by 25 basis points (bps), from 6.50 to 6.25 on 7 February 2025.

Goods and Services Tax (GST) collections

Goods and Services Tax (GST) collections for the month of January 2025 touched Rs.1.96 lakh crore, an increase of 12.3 year-on-year basis