What happened with Cabinet Approves ₹62,500 Crore Mobile Phone Manufacturing Push?

Government announces major production-linked incentive scheme to boost domestic smartphone manufacturing and reduce China dependency amid geopolitical tensions. The Union Cabinet has approved a ₹62,500 crore incentive package aimed at accelerating mobile phone manufacturing in India. This scheme comes at a critical juncture as multinational manufacturers—incl

What happened with Diesel, Jet Fuel Export Duties Raised Amid Brent Crude Above $85?

India increases export duties on diesel and aviation fuel following crude price surge due to US-Iran tensions affecting shipping routes and supply. The Government of India has raised export duties on diesel and aviation turbine fuel (ATF) in response to elevated crude oil prices, which have surged above the $85/barrel mark amid renewed geopolitic

16 July 2026 Current Affairs

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3 articles · Curated for UPSC, SSC, Bank & Railway

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Economy & Finance

⏱ 2m

Cabinet Approves ₹62,500 Crore Mobile Phone Manufacturing Push

Government announces major production-linked incentive scheme to boost domestic smartphone manufacturing and reduce China dependency amid geopolitical tensions.

UPSCSSCState-PSC

#PLI-scheme#manufacturing-policy#electronics-sector#make-in-india#geopolitical-strategy

Economy & Finance

⏱ 2m

ED Arrests Ebix Chairman in Mahadev Betting App Money Laundering Case

Enforcement Directorate arrests Ebix Inc. chairman in connection with Mahadev betting app investigation, linking corporate executive to illegal gambling operations.

UPSCSSCBank

#ED-investigation#money-laundering#betting-app#financial-crime#PMLA

Economy & Finance

⏱ 2m

Diesel, Jet Fuel Export Duties Raised Amid Brent Crude Above $85

India increases export duties on diesel and aviation fuel following crude price surge due to US-Iran tensions affecting shipping routes and supply.

UPSCSSCBank

#crude-oil-prices#export-duties#energy-security#inflation-management#geopolitical-risk