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Items on the list face import bans and must be procured exclusively from domestic firms post-development.
Procurement timelines and operational norms are strictly governed under the Defence Acquisition Procedure.
Indigenisation is supported structurally by dedicated Defence Industrial Corridors and increased FDI caps.
CBAM levies carbon tariffs on energy-intensive imports like steel, aluminum, cement, and fertilizers.
BRICS opposes unilateral tariffs for violating UNFCCC's core CBDR-RC principle.
Carbon leakage mitigation efforts risk transforming into green protectionism violating WTO norms.
Census is a Union List subject (Entry 69) governed statutorily by the Census Act, 1948.
Administrative authority rests with the Registrar General and Census Commissioner under the Ministry of Home Affairs.
New framework introduces flexible 'No Caste' choices and village-level parental birthplace tracking.
Registered as a public charitable trust under the Registration Act, 1908, without parliamentary statute.
SEBI introduced standardized risk-based KYC and simplified digital verification for overseas individuals.
Reforms specifically target Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), and foreign investors.
The primary objective is boosting foreign portfolio investments while managing cross-border compliance costs.
India imports over 85% of its total domestic crude oil demand.
Spearheaded by Russia to circumvent Western financial clearing systems and the Chicago Board of Trade.
BRICS member nations represent over 40% of global grain production and consumption.
Enables direct agricultural commerce using regional demand fundamentals and national currency settlements.
India became the first non-Arab country to recognize the PLO as Palestine's sole representative in 1974.
FSSAI is a statutory body under the Ministry of Health & Family Welfare established via FSS Act, 2006.
The FSS Act 2006 consolidated eight legacy food laws into a single unified regulatory authority.
Non-compliance by Food Business Operators attracts civil penalties, license suspension, and criminal prosecution.
Ex-officio trustees include the Prime Minister, Defence Minister, Home Minister, and Finance Minister.
Distinct from statutory funds like NDRF created under the Disaster Management Act, 2005.
Shrinking discounts on Russian Urals crude directly deteriorate India’s Current Account Deficit (CAD).
Strategic Petroleum Reserves (SPRs) act as India's vital macroeconomic cushion against global supply shocks.
Top private banks recorded a net contraction of over 10,000 employees in FY26 due to AI automation.
Customer onboarding, routine compliance, and back-office roles experienced the sharpest headcount declines.
Digital Public Infrastructure (UPI, Account Aggregator) enabled AI-driven credit scoring and automated banking workflows.
India pursues 'de-hyphenation', evaluating diplomatic relations with Israel and Palestine on distinct, independent merits.
India provides developmental aid and relief supplies through bilateral channels and UNRWA.