News: The Government of India is preparing to roll out Vehicle-to-Vehicle (V2V) communication technology by end of 2026. About Vehicle-to-Vehicle (V2V) Communication Technology Vehicle-to-vehicle communication technology is a wireless system that allows vehicles to directly exchange safety data without using mobile or internet networks. Objective: The primary objective is to lower the risk of collisions… Continue reading Vehicle-to-Vehicle (V2V) Communication Technology
Category: Factly – Indian Economy
This category contains all Current Affairs Factly Articles for Prelims, related to the Indian economy. You can find all relevant Economy updates on this page. This page is specifically useful for UPSC Prelims exam.
District-Led Textiles Transformation (DLTT) Initiative
News: The Ministry of Textiles unveiled the District-Led Textiles Transformation initiative at the National Textile Ministers Conference held in Guwahati. About District-Led Textiles Transformation (DLTT) Initiative The District-Led Textiles Transformation initiative is a strategic program to promote inclusive and sustainable growth in India’s textile sector. Nodal Ministry: Ministry of Textiles Aim: The initiative aims to… Continue reading District-Led Textiles Transformation (DLTT) Initiative
Residue Upgradation Facility (RUF) and Hydrocracking Technology
News: The Prime Minister lauded the commissioning of HPCL’s Residue Upgradation Facility at Visakh Refinery as a significant step for energy security. About Residue Upgradation Facility (RUF) and Hydrocracking Technology The Residue Upgradation Facility (RUF) is a hydrogen-based residue hydrocracking unit that converts low-value residual oils into high-value petroleum products. Commissioned by: The facility has… Continue reading Residue Upgradation Facility (RUF) and Hydrocracking Technology
Indian Railways becomes the biggest electrified rail system globally
News: Indian Railways has become one of the most extensively electrified rail systems in the world. Indian Railways Becomes the Biggest Electrified Rail System Globally Indian Railways has become one of the world’s most extensively electrified rail networks. By November 2025, nearly 99.2 per cent of its 70,000 route-kilometre broad-gauge network had been electrified. Rapid… Continue reading Indian Railways becomes the biggest electrified rail system globally
CAG releases ‘State Finances 2023-24’ Report
News: In January 2026, the Comptroller and Auditor General released the second edition of the State Finances 2023-24 report covering all States. CAG releases ‘State Finances 2023-24’ Report The State Finances 2023-24 Report presents a consolidated and audited overview of the finances of all 28 States. Released by: The report was released by the Comptroller… Continue reading CAG releases ‘State Finances 2023-24’ Report
e-Production Investment Business Visa (e-B-4 Visa)
News: India has introduced the e-Production Investment Business Visa to facilitate Chinese business travel as part of recent people-centric steps. About e-Production Investment Business Visa (e-B-4 Visa) The e-B-4 Visa is an online business visa for foreign professionals undertaking production-related activities in India. Launched by: It was launched by the Department for Promotion of Industry… Continue reading e-Production Investment Business Visa (e-B-4 Visa)
Battery Pack Aadhaar Number (BPAN)
News: The Union Ministry of Road Transport and Highways is proposing a mandatory identification system for electric vehicle batteries through a unique 21-character “Battery Pack Aadhaar Number” (BPAN). About Battery Pack Aadhaar Number (BPAN) Battery Pack Aadhaar Number (BPAN) is a 21-character unique number to be provided to each battery introduced in the market or… Continue reading Battery Pack Aadhaar Number (BPAN)
India becomes world’s largest rice producer
News– India has become the world’s largest producer of rice, surpassing China, with production of about 150.18 million tonnes, compared to China’s 145.28 million tonnes. Status of Rice Production and Export Major Rice-producing countries– India, China, Indonesia, Bangladesh, Japan, Sri Lanka and Egypt, with India now occupying the top position. State-wise Production in India (2024–25) Uttar… Continue reading India becomes world’s largest rice producer
Gandhar Oilfield
News: Oil and Natural Gas Corporation (ONGC) plans to store captured carbon dioxide in depleted wells at Gujarat’s Gandhar oilfield, marking the company’s first full-scale Carbon Capture and Storage (CCS) pilot. About Gandhar Oilfield Location: The Gandhar oilfield is a major oil and gas field located in the Jambusar-Broach block of the Cambay Basin in… Continue reading Gandhar Oilfield
Collateral Support for Export Credit Initiative
News: As part of the initial rollout of the Export Promotion Mission, Collateral Support for Export Credit initiative under the NIRYAT PROTSAHAN sub-scheme has been launched to strengthen MSME exports and improve access to trade finance. About Collateral Support for Export Credit Initiative The Collateral Support for Export Credit is a key component of the… Continue reading Collateral Support for Export Credit Initiative
