Current Affairs

Indias merchandise trade

The Commerce Ministry said the base year of Indias merchandise trade Indices has been revised from 2012 13 to 2022 23 to reflect structural changes in the economy, shifts in commodity composition, evolving trade patterns and better alignment with current macroeconomic indicators.

Andhra PradeshState Budget for the 2026 & 27

Andhra Pradesh Finance Minister Payyavula Keshav presented the State Budget for the 2026 27 financial year in the Assembly on 14 February 2026)

Startup India

The government on 13 Febuary 2026 approved the second tranche of the Startup India Fund of Funds Scheme with a corpus of Rs.10,000 crore, aimed at encouraging early-stage startups and deep-tech research.

Lead Bank Scheme (LBS)

The Reserve Bank of India (RBI) on 13 february 2026 released draft guidelines to revise the Lead Bank Scheme (LBS), aiming to streamline its operations and enhance its effectiveness in coordinating development activities at the district level.

Reserve Bank of India

Reserve Bank of India Governor Sanjay Malhotra on 6 February 2026 announced that the Monetary Policy Committee (MPC) has unanimously decided to keep the policy repo rate unchanged at 5.25 percent while maintaining a neutral policy stance.

16th Finance Commission

Finance Minister Nirmala Sitharaman laid the 16th Finance Commission report for tax revenue devolution between Centre and states for the period 2026-2031 in the Lok Sabha on 1 February 2026.

Union Budget 2026-27

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman presented the Union Budget 2026-27 for the ninth consecutive year in Parliament on 1 February 2026.