CURRENT AFFAIRS

The Reserve Bank of India (RBI) has cancelled the banking licence of Paytm Payments Bank Limited, marking one of the most stringent regulatory actions in India’s evolving digital banking ecosystem.

The notion that India is currently experiencing a “Goldilocks Economy” has come under scrutiny amid recent economic developments that challenge the perception of a perfectly balanced macroeconomic environment.

Recent surveys such as the Annual Survey of Unincorporated Enterprises (ASUSE) have once again brought attention to the structural realities of India’s informal sector, particularly highlighting issues such as stagnant productivity, employment vulnerability, and uneven recovery from economic shocks.

India is facing a deepening fertiliser crisis due to supply disruptions caused by the ongoing conflict involving Iran, which has significantly impacted global energy and fertiliser supply chains.

Female Labour Force Participation (FLFP) in India has shown a noticeable increase in recent years, especially after 2017–18, according to periodic labour force surveys.

The National Mineral Exploration Trust (NMET) has gained importance in recent years due to: Increasing focus on critical and strategic minerals required for sectors such as renewable energy, defence, electronics, and electric vehicles

The policy of Bank Nationalisation in 1969 continues to be revisited in discussions on the role of the state in economic management, financial inclusion, and banking sector reforms in India.

According to the latest estimates in the International Monetary Fund (IMF) World Economic Outlook (WEO) 2026, India has slipped to the 6th position among the world’s largest economies in terms of nominal GDP.

India is moving towards large-scale implementation of the Multi-Lane Free Flow (MLFF) Tolling System, with pilot projects already operational and plans to expand the system across multiple national highways in the coming years.

Recent large-scale protests by industrial workers in regions such as Noida, Gurugram, and other industrial hubs have brought attention to a deepening minimum wage crisis in India, where workers have mobilised collectively to demand higher wages, better working conditions, and effective enforcement of labour laws.