Economy News ( English version)

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  • RBI plans shared liability for digital frauds, pushes open card ecosystem in Vision 2028 March 27, 2026
    The RBI is set to introduce a shared responsibility framework for unauthorized digital payment transactions. This will involve both customer and beneficiary banks in bearing liability. The regulator is also exploring a switch-on/switch-off facility for all digital payment modes. An open and interoperable card ecosystem will be developed to foster competition […]
  • Standing committee on labour directs govt to track placement data on NCS portal March 27, 2026
    A parliamentary committee has criticized the Ministry of Labour and Employment for low candidate placements via the National Career Service portal, urging immediate portal amendments to track placement data effectively. The committee also highlighted a pilot scheme under the National Apprenticeship Promotion Scheme in the North-Eastern Region, emphasizing th […]
  • Unemployment rate falls to 3.1% in 2025; labour participation and wages improve: PLFS March 27, 2026
    India's unemployment rate dropped to 3.1% in 2025. This positive trend shows progress in job creation across various sectors and for both men and women. Rural unemployment saw a decrease, as did urban unemployment. Youth unemployment also declined. Labour force participation increased, especially for women. Agriculture remains the largest employer, but […]
  • Jewar airport opens: Distance, access and why it matters March 27, 2026
  • Union Budget 2026 gets Parliament nod; Finance Bill approved March 27, 2026
    Parliament has approved the Finance Bill 2026. This marks the completion of the budgetary exercise for the upcoming fiscal year. The Union Budget 2026-27 outlines significant expenditure and capital investment. Key proposals include changes to Securities Transaction Tax and the extension of the ITR filing date for certain businesses. The budget also details […]

 

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