News: The government notified the final CAFE-III norms on September 29, which will apply to passenger vehicles from April 2027. About Corporate Average Fuel Economy (CAFE)-III Framework CAFE-III is a fleet-wide fuel-efficiency framework for passenger vehicles. It requires manufacturers to keep the average fuel consumption of eligible vehicles within prescribed limits. Aim: It aims to… Continue reading Corporate Average Fuel Economy (CAFE)-III Framework
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.
Digital Connectivity Rating (DCR) Platform
News: TRAI has launched the Digital Connectivity Rating (DCR) Platform to make property connectivity ratings visible and verifiable to consumers.About About Digital Connectivity Rating (DCR) Platform Digital Connectivity Rating (DCR) Platform is an integrated digital platform that enables consumers to view the digital connectivity ratings of residential, commercial, and government properties. Launched By: The platform was launched… Continue reading Digital Connectivity Rating (DCR) Platform
India’s First Port-based e-Methanol Plant
News: The foundation stone was laid for India’s first port-based e-methanol production facility at Deendayal Port Authority in Kandla, Gujarat. About India’s First Port-based e-Methanol Plant Location: India’s First Port-based e-Methanol Plant will be established at Deendayal Port Authority (DPA), Kandla, Gujarat. Initiative By: The project is a joint initiative of Deendayal Port Authority (DPA)… Continue reading India’s First Port-based e-Methanol Plant
Livestock Insurance Portal
News: The Department of Animal Husbandry & Dairying (DAHD) will launch the Livestock Insurance Portal marking an important milestone in the digital transformation of livestock insurance services in the country. About Livestock Insurance Portal Livestock Insurance Portal is a portal to transform digital livestock insurance services in the country. Aim: It aimed at making livestock insurance… Continue reading Livestock Insurance Portal
Gulbarga Tur Dal and Tur Dal cultivation in India (Pigeon Pea)
News: APEDA flagged off 1 MT of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives, helping expand India’s agricultural exports. About Gulbarga Tur Dal (Pigeon Pea) Gulbarga Tur Dal is associated with the Kalaburagi region of Karnataka. Features: The high calcium and potassium content of the soil in Gulbarga tur dal-growing region has been… Continue reading Gulbarga Tur Dal and Tur Dal cultivation in India (Pigeon Pea)
SWIFT Payment System and its Alternatives
News: The BRICS Summit discussed increasing trade and payments in national currencies amid efforts to develop alternatives to the SWIFT system. About SWIFT Payment System ‘SWIFT’ stands for the ‘Society for Worldwide Interbank Financial Telecommunication’. It is a messaging network used by banks and financial institutions to exchange information on financial transactions. It does not… Continue reading SWIFT Payment System and its Alternatives
Nidhi Companies
News: The Ministry of Corporate Affairs (MCA) has issued an advisory cautioning the public about Nidhi Companies and their functioning. About Nidhi Companies Nidhi Companies are Non-Banking Financial Companies created to promote saving and thrift among their members. They are exempted from the core provisions of the RBI Act. They are classified as “Mutual Benefit Financial… Continue reading Nidhi Companies
DURGA scheme
News: The Delhi Cabinet recently approved the Driving Upliftment and Rozgar for Women/Transgender Green e-Auto (DURGA) scheme to provide safe and dignified self-employment. About DURGA scheme DURGA (Driving Upliftment and Rozgar for Women/Transgender Green e-Auto) Scheme aims to provide safe, clean and dignified employment opportunities to women and transgender persons. Launched by: It is an… Continue reading DURGA scheme
Metropolitan Stock Exchange of India Limited (MSE)
News: The shares of National Stock Exchange (NSE) will also trade on the Metropolitan Stock Exchange (MSE). About Metropolitan Stock Exchange of India Limited (MSE) The Metropolitan Stock Exchange of India Limited (MSE) is a national stock exchange that provides a technology-driven electronic trading platform across multiple financial segments, including equities, equity derivatives, currency derivatives,… Continue reading Metropolitan Stock Exchange of India Limited (MSE)
UPI Tap and Pay
News: RBI announced UPI Tap and Pay, MyUPI and multicurrency foreign exchange facilities at the Global Fintech Fest 2026. About UPI Tap and Pay UPI Tap and Pay is a contactless payment facility. It allows users to make UPI payments by tapping an NFC-enabled smartphone on a compatible Point-of-Sale (PoS) terminal. Technology used: It uses Near-Field… Continue reading UPI Tap and Pay
