News: The Union Railway Minister launched a new app, RailOne, in New Delhi on 40th Foundation Day of Centre for Railway Information Systems (CRIS). About RailOne App It is a comprehensive, all-in-one application with a user-friendly interface, focused on improving passenger interface with railways. Developed by: Centre for Railway Information Systems (CRIS) Benefits: It integrates… Continue reading RailOne App
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.
Certificate of Deposit (CD)
News: News: PSU Banks’ share in certificates of deposits issuance rises to 69% from 6% in three years, leading to their market share zooming from single digit to nearly 70% in three years. About Certificate of Deposit (CD) A Certificate of Deposit (CD) is a negotiable, unsecured money market instrument issued by scheduled commercial banks… Continue reading Certificate of Deposit (CD)
Operation MELON
News: The Narcotics Control Bureau has achieved a major breakthrough by dismantling India’s most prolific darknet drug syndicate under its Operation Melon. About Operation MELON It is an operation by the Narcotics Control Bureau (NCB) in 2025 that dismantled “Ketamelon,” India’s most sophisticated darknet drug syndicate. This high-impact operation was led by the NCB Cochin… Continue reading Operation MELON
India Energy Stack (IES)
News: Ministry of Power conceives an ‘India Energy Stack’ to build the Digital Backbone for India’s Power Sector. About India Energy Stack (IES) It is a Digital Public Infrastructure (DPI) initiative that will provide a standardized, secure, and open platform to manage, monitor, and innovate across the electricity value chain. Aim: This pioneering initiative is… Continue reading India Energy Stack (IES)
Employment-Linked Incentive (ELI) Scheme
News: The Union Cabinet approves Employment-Linked Incentive scheme with an allocation of ₹99,446 crore to support employment generation. About Employment-Linked Incentive (ELI) Scheme The ELI scheme is an innovative initiative by the Indian government intended at addressing the country’s increasing employment challenges. The scheme aims to support employment generation, enhance employability and social security across… Continue reading Employment-Linked Incentive (ELI) Scheme
RBI’s Financial Stability Report – June 2025
News: The Reserve Bank of India (RBI) released its June 2025 Financial Stability Report (FSR), highlighting the continued resilience of India’s financial system. About RBI’s Financial Stability Report The Financial Stability Report is released by the RBI every 6 months. It is based on the collective assessment of the Financial Stability and Developmental Council (FSDC)… Continue reading RBI’s Financial Stability Report – June 2025
Litchi Cultivation
News: India dispatches its first consignment of rose-scented litchis to Qatar. About Litchi Cultivation It is a tropical fruit popular for its sweet taste and juicy texture. Litchi requires a moist sub-tropical climate for optimal growth. The crop is highly sensitive to winter frost and cannot tolerate dry heat during summer. Temperature: The general temperature… Continue reading Litchi Cultivation
Operation Deep Manifest
News: DRI seizes 39 containers carrying 1,115 metric tonne worth of goods around ₹9 crore of Pakistan-origin under ‘Operation Deep Manifest’. About Operation Deep Manifest It is an operation targeting the illegal import of Pakistani-origin goods routed through third countries, primarily via Dubai, UAE. Launched by: Directorate of Revenue Intelligence (DRI) under the Central Board… Continue reading Operation Deep Manifest
First Maritime NBFC – Sagarmala Finance Corporation Limited
News: The Union Ministry of Ports, Shipping & Waterways (MoPSW) inaugurated Sagarmala Finance Corporation Limited (SMFCL), India’s first Non-Banking Financial Company (NBFC) in the maritime sector. About India’s First Maritime NBFC – Sagarmala Finance Corporation Limited It is a Mini Ratna, Category-I, Central Public Sector Enterprise which has been formally registered as a Non-Banking Financial… Continue reading First Maritime NBFC – Sagarmala Finance Corporation Limited
RBI lowers priority sector lending target for Small Finance Banks
News: The Reserve Bank of India (RBI) has relaxed priority sector lending (PSL) norms for small finance banks (SFBs). About Priority Sector Lending (PSL) It refers to the mandatory lending targets set by the Reserve Bank of India (RBI) for banks and financial institutions to ensure that certain sectors of the economy receive adequate credit… Continue reading RBI lowers priority sector lending target for Small Finance Banks
