daily news analysis | Economic Issues

Financial Sector Assessment (FSA) Report

The latest Financial Sector Assessment (FSA) Report has stated that India is progressing steadily toward its vision of becoming a $30 trillion economy by 2047. The report highlights the increasing resilience and inclusiveness of India’s financial system. About the Financial Sector Assessment (FSA) Report The Financial Sector Assessment (FSA) Report is published by the World Bank. It evaluates the strengths, vulnerabilities, and overall performance of a country’s financial s

01 December, 2025 Banking
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India’s Textile Industry

Introduction The Government of India is preparing a comprehensive cost roadmap for the textile sector to bring domestic production costs in line with global standards. This initiative comes at a time when India faces increasing competition from textile-exporting countries such as Bangladesh, Vietnam, and China. Status of India’s Textile Industry Economic Contribution India’s textile industry plays a crucial role in the national economy. It contributes 2.3% to the GDP,

01 December, 2025 Industry
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Payment Aggregator (PA) and Payment Gateway

What is a Payment Aggregator (PA)? A Payment Aggregator (PA), also known as a merchant aggregator, is a third-party service provider that enables merchants (businesses) to accept online payments from customers. This service is typically integrated into websites or mobile apps for smooth transaction processing. Functions and Features of Payment Aggregators: Payment Options: PAs provide a variety of payment methods such as debit/credit cards, UPI, bank transfers, e-wallets, and

11 November, 2025 Money Market
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Financial Action Task Force (FATF)

The ongoing Financial Action Task Force (FATF) meetings in Paris are focused on deliberating the issue of state sponsorship of terrorism, particularly regarding how certain states may be involved in financing banned terrorist outfits and their proxies. The discussions are expected to highlight the financing of terrorism and the role of Pakistan in supporting such groups through state sponsorship. About the Financial Action Task Force (FATF) The FATF is an independent intergovernmental

10 November, 2025 Economy Offence
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State Mining Readiness Index (SMRI) 2025

The Ministry of Mines has recently released the State Mining Readiness Index (SMRI), a tool designed to assess and benchmark the performance of Indian states in the mining sector. The index aims to foster healthy competition among states, accelerate the pace of mining reforms, and promote sustainable resource management. The SMRI 2025 evaluates states based on key parameters related to auction performance, early mine operationalization, exploration focus, and sustainable mining practices, pa

06 November, 2025 Industry
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India’s External Debt 2025

India’s external debt has risen to USD 747.2 billion by the end of June 2025, marking a 1.5% increase from the previous quarter, according to the latest data from the Reserve Bank of India (RBI). Despite this increase, India’s external debt remains manageable due to various stabilizing factors. Current Status of India’s External Debt Valuation Effects: The increase in external debt was primarily due to valuation effects resulting from currency fluct

05 November, 2025 Financial Market
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National Energy Conservation Awards (NECA) 2025

The Bureau of Energy Efficiency (BEE) has recently announced the 35th National Energy Conservation Awards (NECA) 2025, inviting applications to recognize and honor outstanding contributions in energy efficiency and conservation across various sectors in India. About the National Energy Conservation Awards The National Energy Conservation Awards (NECA) is one of the most prestigious national platforms aimed at recognizing excellence, innovation, and leadership in energy efficiency and c

03 November, 2025 Renewable energy
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Naying Hydroelectric Project

The Naying Hydroelectric Project in Arunachal Pradesh is a proposed 1,000 MW hydropower initiative on the Siyom (Yomgo) River, which has recently been in the news due to the upcoming environmental public hearing scheduled for November 12. About the Naying Hydroelectric Project: Location: The Naying Hydroelectric Project is planned on the Siyom River (also called Yomgo River) in Arunachal Pradesh, a state known for its significant hydropower potential due to its abundant river s

02 November, 2025 Renewable energy
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Annual Survey of Industries (ASI) for 2023-24

The Ministry of Statistics and Programme Implementation (MoSPI) has released the Annual Survey of Industries (ASI) for 2023-24, showcasing the performance and trends in India's industrial sector. Gross Value Added (GVA) Growth GVA grew by 11.89%, higher than both output (5.80%) and input (4.71%), indicating that the industrial sector is becoming more efficient, with a greater value generated from the inputs used. Top Industries by GVA The industries contribut

01 November, 2025 Industry
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Payments Regulatory Board

The establishment of the Payments Regulatory Board (PRB) by the Reserve Bank of India (RBI) marks a significant step in strengthening the governance and oversight of India’s payment systems. Composition of the PRB: Chair: The RBI Governor will chair the PRB, which aligns with the central role the RBI plays in regulating and supervising the country’s payment systems. RBI Members: Two additional RBI representatives, including the Deputy Governor and the Executiv