Current Affairs 16 October 2026
Current affairs of 32 for UPSC, RBI, SEBI, NABARD, EPFO and PFRDA aspirants: INS Samarthak commissioning, PM-SETU ITI investments, RBI–RBL amalgamation, Kanda Express, quantum RDI support, Ramsar milestone and other verified updates.
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Key facts at a glance
The numbers and names most likely to turn up in Prelims, Phase 1 or a GA section.
| Topic | What to remember | Source, date |
|---|---|---|
| PM-SETU SIPs | Rs 1,194.92 cr; 5 ITI clusters in MH, Odisha, J&K | PIB |
| Kanda Express | First rake to Agartala; ~440 MT; ETA 18 Oct | PIB |
| APEDA jaggery | 1.755 MT organic Palmyra powder; TN to Bulgaria | PIB / AIR |
| RBI–RBL | Emirates NBD India branches merge into RBL from 1 Dec 2026 | RBI |
| VRRR 15 Oct | Absorbed Rs 9,562 cr of Rs 50,000 cr; cut-off 5.49% | RBI |
| INS Samarthak | First private-yard MPV; L&T Kattupalli; >75% indigenous | PIB / ET |
| QNu Labs | TDB RDI support Rs 150 cr; total project ~Rs 300 cr | PIB / IANS |
| Ayush patents | Filings 63 (FY15) to 590 (FY26); 4,077 filed, 711 granted | PIB / Ayush |
| Ramsar tally | 103 sites; Sukhna (Chandigarh) + Sauj Jheel (UP) | PIB / DD |
| e-Gov conference | Dharamshala; 16–17 Oct; DARPG + Himachal | PIB / AIR |
| BHASHINI TTS | Sourashtra text-to-speech with IISc Bengaluru | PIB |
| Onion prices | Mandi avg ~Rs 3,300/qtl in Oct; 211 cities saw retail fall | PIB |
| WI vs IND | Series 2-2; 5th T20I Bengaluru on 17 Oct | BCCI / media |
| World Standards Day | Theme focus SDG 7: Affordable and Clean Energy | BIS / PIB |
Economy
4 storiesPM-SETU National Steering Committee clears Rs 1,194.92 crore for five ITI clusters
The National Steering Committee of the Ministry of Skill Development and Entrepreneurship approved Strategic Investment Plans worth Rs 1,194.92 crore under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) scheme on 16 October 2026. The package covers five Industrial Training Institute clusters in Maharashtra, Odisha and Jammu & Kashmir, including hubs linked to Pune, Chhatrapati Sambhajinagar, Kataka in Odisha, Jammu and Srinagar. Anchor industry partners associated with the clusters include BVG Group, Belrise, Tata Steel Foundation, Eagle Infra India Limited and Inderdeep Infra India. PM-SETU follows a hub-and-spoke model to upgrade Government ITIs with industry-led governance, modern infrastructure and demand-driven courses. The fresh approvals add to earlier SIP sanctions and push cumulative PM-SETU cluster investment above Rs 3,600 crore.
First Kanda Express onion rake headed to Agartala with about 440 MT
The Department of Consumer Affairs announced the first-ever Kanda Express movement of buffer onions to Agartala, Tripura, under the Price Stabilization Fund. The rail consignment of approximately 440 metric tonnes is expected to reach Agartala by 18 October 2026 and expand coverage across seven of Tripura's eight districts. Officials said two earlier Kanda Express rakes carrying 840 MT and 452 MT, along with 44 truck consignments totalling about 1,513 MT, have already supplied onions to locations in Assam, Tripura and Nagaland. Fresh Kharif arrivals have helped moderate all-India average mandi prices from a September peak near Rs 3,600 per quintal to about Rs 3,300 per quintal in October. Retail onion prices fell by Rs 1 to Rs 13 per kg in 211 cities over the preceding fortnight, narrowing the Assam–national price gap.
APEDA facilitates maiden organic Palmyra jaggery powder export to Bulgaria
The Agricultural and Processed Food Products Export Development Authority facilitated the maiden export of 1.755 metric tonnes of NPOP- and EU-certified organic Palmyra Jaggery Powder from Gobichettipalayam in Erode district, Tamil Nadu, to Varna, Bulgaria. The consignment, manufactured by Wellbeing Foods with Chetty Exports and imported by Sow Life Ltd, was flagged off around 15–16 October 2026 for shipment by sea through Chennai Port. Derived from Palmyra blossom nectar, the product is positioned as a traditional alternative to refined sugar with potential nutritional value. The initiative covers about 137 acres under organic cultivation and aims to improve returns for participating farmers relative to domestic sales. APEDA said the shipment diversifies India's organic export basket and opens new markets for Tamil Nadu's Palmyra-based value chain.
NHAI successfully defends Chittorgarh–Udaipur highway arbitration
The National Highways Authority of India reported that it had successfully defended an arbitration case linked to the Chittorgarh–Udaipur national highway project, thereby safeguarding public funds. Independent resolution of commercial disputes on highway contracts is part of NHAI's broader effort to protect the exchequer while keeping projects on track. Design, construction and concession disputes on national highways often involve large claims, making rigorous case management important for fiscal discipline. The Ministry of Road Transport and Highways continues to emphasise quality assurance, transparent contracting and timely dispute handling. Exam aspirants should note the corridor name and the public-fund protection angle highlighted in the official release.
Banking & Markets
4 storiesRBI approves amalgamation of Emirates NBD India branches with RBL Bank
The Reserve Bank of India on 16 October 2026 sanctioned the Scheme of Amalgamation of the Indian branches of Emirates NBD Bank P.J.S.C. with RBL Bank Limited under Section 44A(4) of the Banking Regulation Act, 1949. The amalgamation takes effect on 1 December 2026, after which all Indian branches of Emirates NBD will function as branches of RBL Bank. Emirates NBD earlier completed acquisition of a majority stake in RBL Bank through a primary capital infusion of about Rs 26,000 crore and holds around 60 per cent of the expanded share capital. Market reports described the transaction as among the largest foreign direct investments in Indian banking. The RBI sanction is the final regulatory step enabling operational consolidation of the UAE bank's India presence into RBL's branch network.
Overnight VRRR of 15 October absorbs Rs 9,562 crore; reverses on 16 October
The Reserve Bank of India's overnight Variable Rate Reverse Repo auction held on 15 October 2026 absorbed Rs 9,562 crore against a notified amount of Rs 50,000 crore, with a cut-off rate of 5.49 per cent. The one-day tenor reversed on 16 October 2026 under the Liquidity Adjustment Facility. Money market data for 15 October also showed large Standing Deposit Facility placements of about Rs 1,79,621 crore at 5.25 per cent, contributing to net liquidity absorption of roughly Rs 1,88,553 crore from that day's operations. Variable rate reverse repo auctions remain a key tool for fine-tuning surplus liquidity at market-determined rates. Aspirants should distinguish VRRR absorption from repo injection and from the SDF window in LAF accounting.
RBI lists premature redemption window for SGB 2020-21 Series VII
The Reserve Bank of India published a press release on 16 October 2026 fixing the premature redemption price for Sovereign Gold Bond 2020-21 Series VII. The premature redemption is due on 19 October 2026, with 20 October 2026 being a holiday, under the Sovereign Gold Bond Scheme administered by the RBI for the Government of India. Redemption prices are ordinarily based on the simple average of closing prices of 999-purity gold published by the India Bullion and Jewellers Association for the preceding three business days. Holders seeking premature exit must follow the procedural instructions of issuing banks and depositories within the notified request window. SGB premature-redemption dates and pricing methodology are frequently tested in banking examinations.
DFS workshop reviews reservation policy for PSBs and public financial institutions
The Department of Financial Services organised a workshop on reservation policy covering Public Sector Banks, Public Sector Insurance Companies and Public Financial Institutions. The programme is intended to strengthen awareness of constitutional and statutory reservation obligations in recruitment and service matters across the financial public sector. Periodic capacity-building sessions help human-resources and personnel cadres align board-level policies with DoPT and DFS guidance. Representation norms in public financial institutions remain a governance and social-justice theme in competitive examinations. Officials use such workshops to clarify implementation questions and reduce compliance gaps across institutions.
Polity & Governance
5 storiesNational Conference on e-Governance Reforms opens in Dharamshala
The two-day National Conference on e-Governance Reforms began in Dharamshala, Himachal Pradesh, on 16 October 2026. Organised by the Department of Administrative Reforms and Public Grievances with the Himachal Pradesh government, the conference brings together Central and State officials to discuss digital transformation, citizen-centric services and award-winning e-governance projects. Day-one sessions highlighted Himachal initiatives such as Him Parivar, Sukh Ashray, Vidya Samiksha Kendra, Harit Himachal and the Rajiv Gandhi Van Sanvardhan Yojana, alongside national platforms including AgriStack, e-Jagriti, AI-enabled eSanjeevani decision support, multi-hazard early warning systems and iGOT Karmayogi. Speakers associated with the programme include the Chief Minister of Himachal Pradesh, DARPG leadership and Union ministers. Day-two themes cover cybersecurity, digital banking use-cases, data analytics and replication of successful models.
SECL strengthens digital governance under Special Campaign 6
South Eastern Coalfields Limited reported strengthened digital governance and service delivery measures as part of Special Campaign 6. The campaign, coordinated across Central ministries and Central Public Sector Enterprises, focuses on cleanliness, disposal of pending references, records management and e-waste handling through October 2026. Coal CPSEs have simultaneously publicised scrap disposal and digital process improvements to reduce pendency and improve citizen-facing services. Special Campaign series reviews by DARPG track ministry-wise progress on physical and digital cleanliness goals. Such administrative reform drives are a recurring Prelims-friendly topic under governance and accountability.
Department of Atomic Energy advances Special Campaign 6 on Swachhata
The Department of Atomic Energy undertook Special Campaign 6 activities aimed at institutionalising Swachhata and good governance across its establishments. Campaign work typically covers office cleanliness, weeding of records, reduction of pending references and scientific disposal of e-waste. Atomic energy institutions combine high-security operational environments with the same whole-of-government cleanliness and pendency targets set for October. Progress updates from DAE feed into the broader Special Campaign 6 dashboard maintained for Central ministries. Aspirants should note the campaign window from 2 to 31 October 2026 and its dual focus on cleanliness and administrative efficiency.
Vice-President's Karnataka–Kerala visit programme includes Karwar naval engagement
Hon'ble Vice-President of India Shri C. P. Radhakrishnan's 16 October 2026 visit to Karnataka and Kerala featured the commissioning of INS Samarthak at INS Kadamba, Karwar, as a major public engagement. The Vice-President's Secretariat had earlier notified the southern State visit covering institutional and public events. State visits by the Vice-President are used to engage with defence, educational and cultural institutions outside New Delhi. Detailed itineraries typically list ceremonial, academic and community interactions across the two States. Tracking venues and themes from official itineraries helps aspirants answer factual polity questions.
ECL generates Rs 2.21 crore through scrap disposal under Special Campaign 6
Eastern Coalfields Limited reported generating about Rs 2.21 crore through scrap disposal under Special Campaign 6, according to a PIB release on 16 October 2026. Scrap and e-waste disposal drives are a measurable component of the campaign's resource-management targets across Central Public Sector Enterprises. Coal CPSEs have used the October window to clear scrap yards, improve workplace cleanliness and digitise residual paper processes. Revenue from authorised scrap disposal is credited as per CPSE financial rules while supporting the Swachhata mandate. Campaign scorecards often cite such monetary indicators alongside pendency clearance figures.
International Relations
2 stories14th India–Mongolia Joint Working Group reaffirms defence partnership
The 14th meeting of the India–Mongolia Joint Working Group on defence was held with both sides reaffirming commitment to strengthen the bilateral defence partnership. Joint Working Group meetings review ongoing cooperation, training exchanges and areas for future collaboration between the two armed forces. Mongolia is a longstanding partner in India's extended neighbourhood outreach covering capacity building and defence dialogue. Regular JWG rounds provide a structured channel to align priorities without requiring a full ministerial visit each year. The 16 October 2026 PIB note underscores continuity in India–Mongolia defence engagement.
Polish youth delegation completes Jamsaheb Memorial Youth Exchange
A Polish youth delegation completed the second edition of the Jamsaheb Memorial Youth Exchange Programme, according to a Ministry of Youth Affairs and Sports release on 16 October 2026. Youth exchange programmes support people-to-people ties, cultural understanding and leadership exposure among young participants from partner countries. The Jamsaheb Memorial series commemorates historical India–Poland friendship associations linked to wartime hospitality narratives. Completion of successive editions indicates institutionalisation of the bilateral youth track. Soft-power and youth diplomacy items of this kind appear in IR and culture portions of Prelims.
Schemes & Missions
3 storiesKVIC inaugurates Khadi Mahotsav-2026 in Mumbai to reach Gen-Z
Khadi and Village Industries Commission Chairman Shri Manoj Goel inaugurated Khadi Mahotsav-2026 in Mumbai with the aim of taking Hon'ble Prime Minister Shri Narendra Modi's call of 'Har Ghar Swadeshi, Ghar-Ghar Swadeshi' to younger consumers through the 'Baat Khadi Ki' outreach. The mahotsav promotes khadi and village industry products, entrepreneurship and swadeshi consumption among urban youth. KVIC uses exhibition and communication campaigns to modernise the brand appeal of khadi beyond traditional buyers. Linking Gen-Z engagement with village industry livelihoods is part of the broader MSME and rural employment agenda. Such events are relevant for schemes and inclusive growth questions.
NAMASTE story highlights sanitation worker's path to entrepreneurship
The Ministry of Social Justice and Empowerment highlighted the journey of Sanjay Kumar from contractual sanitation work to financial independence as an entrepreneur under the NAMASTE scheme. NAMASTE focuses on safety, dignity and livelihood transition for sanitation workers, including support for mechanised cleaning and alternative enterprises. Case studies published by the ministry illustrate how skill, finance and enterprise support can change occupational pathways in urban sanitation. The scheme sits at the intersection of social justice, urban local body service delivery and occupational health. Exam questions often test the full form and core objectives of NAMASTE.
Youth Affairs Ministry issues operational guidelines for NSF assistance scheme
The Ministry of Youth Affairs and Sports issued operational guidelines for the revised Scheme of Assistance to National Sports Federations. The guidelines clarify funding norms, governance expectations and utilisation priorities for NSFs receiving Central assistance for national championships, international exposure and athlete support. Clear operational instructions help federations plan calendars, maintain accounts and align with national sports governance standards. Revisions typically emphasise transparency, athlete welfare and grassroots development alongside elite performance. Sports administration reforms remain important for both Prelims facts and Mains governance answers on sports policy.
Environment
2 storiesIndia's Ramsar tally reaches 103 with Sukhna Wetland and Sauj Jheel
India's count of Wetlands of International Importance under the Ramsar Convention rose to 103 with the addition of Sukhna Wetland in Chandigarh and Sauj Jheel in Uttar Pradesh. Union Environment Minister Shri Bhupender Yadav announced the milestone, linking wetland conservation to biodiversity, water security, climate resilience and local livelihoods under the Amrit Dharohar approach. Ramsar listing raises the profile of sites for scientific management, wise use and international cooperation. Chandigarh and Uttar Pradesh were congratulated for the new designations. The updated national tally is a high-frequency Prelims fact for environment and geography.
Study traces monsoon fluctuation footprints in sediment and farming adaptations
A Ministry of Science and Technology release on 16 October 2026 highlighted research linking climate history, monsoon fluctuations, sediment transport and farming adaptations. Sediment records help reconstruct past hydro-climatic variability and inform how agrarian communities adjusted cropping and land use. Understanding monsoon variability remains central to India's water security, disaster risk reduction and agricultural planning. The findings add to Earth-system science outputs regularly communicated through official DST channels. Climate–agriculture linkages of this kind support both Prelims science and Mains geography answers.
Science & Tech
4 storiesTDB-DST signs Rs 150 crore RDI support pact with QNu Labs for quantum security
The Technology Development Board under the Department of Science and Technology signed an agreement to provide Rs 150 crore in Research Development and Innovation support to Bengaluru-based QNu Labs. The programme aims to build an indigenous backbone for India's Quantum Secure and Sensing Networks, with a total project cost of about Rs 300 crore and matching contribution from the company. Support is structured to advance technologies from mid Technology Readiness Levels toward operational readiness across device identity, location integrity, network security and time integrity. Officials said quantum-safe communications and sensing are strategic for cybersecurity and critical infrastructure. The pact strengthens India's deep-tech self-reliance under the broader RDI Fund architecture.
BHASHINI and IISc Bengaluru release Sourashtra text-to-speech model
Digital India BHASHINI Division and the Indian Institute of Science, Bengaluru, announced a text-to-speech model for the Sourashtra language on 16 October 2026. The collaboration extends BHASHINI's multilingual artificial intelligence stack to a community language with limited digital speech resources. Text-to-speech models help make government and citizen services accessible in more Indian languages and support cultural preservation through technology. BHASHINI's State and institution partnerships form a wider Rajyam-style collaboration model for language data and model validation. Language-technology milestones are increasingly relevant for science and governance questions in civil services exams.
Ayush patent filings rise about eightfold over a decade
The Ministry of Ayush reported that Ayush-related patent filings in India rose roughly eightfold over a decade, from 63 applications in FY 2014-15 to 590 in FY 2025-26. Between FY15 and FY26, 4,077 patent applications were filed and 711 patents granted, according to data cited from the Office of the Controller General of Patents, Designs and Trademarks. Natural persons and educational institutions together accounted for more than three-fourths of filings, with corporates, small entities and startups also contributing. Union Minister of State Shri Prataprao Jadhav said the surge reflects growing research, innovation and intellectual property focus in the Ayush sector. The statistics underscore traditional-medicine innovation as a science and economy crossover topic.
Indian scientists identify Martian analogue sites for planetary research
Indian scientists have identified a set of Martian analogue sites that can support planetary science, instrumentation testing and astronaut-training related research, according to a PIB science release on 16 October 2026. Terrestrial analogue locations mimic aspects of Martian geology, chemistry or extreme environments and reduce the cost of early technology validation. Such sites help universities and space agencies refine rovers, sensors and sampling protocols before planetary missions. Official communication of analogue-site research adds to India's growing planetary science footprint alongside ISRO missions. Aspirants should remember the concept of planetary analogues rather than only mission names.
Defence
2 storiesVice-President commissions INS Samarthak, Navy's first private-yard multi-purpose vessel
Hon'ble Vice-President of India Shri C. P. Radhakrishnan commissioned INS Samarthak, the Indian Navy's first indigenous multi-purpose vessel built by a private shipyard, at INS Kadamba in Karwar, Karnataka, on 16 October 2026. Built by Larsen & Toubro at Kattupalli with more than 75 per cent indigenous content, Samarthak is the first of four multi-purpose vessels and will serve as a weapons-and-sensor trials platform, unmanned systems mothership, and support ship for surveillance, HADR and salvage roles. Chief of the Naval Staff Admiral Krishna Swaminathan highlighted its dynamic positioning system and role in shortening the path from prototype to production. The Vice-President said the ship would help convert indigenous innovations into operational capability. The commissioning marks a milestone for private-sector participation in major naval shipbuilding.
DGR job fair in Nagpur offers over 1,300 openings for ex-servicemen
A Directorate General of Resettlement job fair in Nagpur offered more than 1,300 employment opportunities for ex-servicemen, according to a Ministry of Defence release on 16 October 2026. DGR job fairs connect retiring and retired personnel with public and private employers seeking disciplined manpower across sectors. Resettlement outreach complements training programmes and entrepreneurship support for veterans. Hosting regional fairs improves access for candidates outside metro cities. Defence resettlement mechanisms are a standard topic under veterans' welfare and human resource management in the armed forces.
Reports & Indices
2 storiesMoSPI releases quarterly infrastructure sector performance monitoring dashboard
The Ministry of Statistics and Programme Implementation released its quarterly Performance Monitoring Dashboard for the infrastructure sector in India. The dashboard consolidates indicators that help track progress across major infrastructure verticals and support evidence-based monitoring by policymakers. Regular statistical products from MoSPI complement administrative management information systems maintained by line ministries. Infrastructure dashboards are used to spot bottlenecks in capacity creation, utilisation and project completion trends. For examinations, note the releasing ministry and the quarterly cadence of the product.
PIB backgrounder outlines safer, smarter inland waterways network
A Press Information Bureau backgrounder titled 'Navigating India's Waterways: Building a Safer, Smarter Network' reviewed progress in inland water transport safety, navigation aids and multimodal integration. National Waterways development under the Ministry of Ports, Shipping and Waterways aims to shift freight to more energy-efficient river and canal corridors. Safety systems, vessel standards and digital navigation support are emphasised as traffic volumes rise. Backgrounders of this type synthesise policy measures useful for Prelims and Mains answers on logistics and blue economy. Aspirants should link waterways modernisation with PM GatiShakti multimodal planning themes.
Sports
2 storiesIndia–West Indies fifth T20I set for Bengaluru with series locked 2-2
India and West Indies prepare for the decisive fifth T20 International at the M. Chinnaswamy Stadium in Bengaluru on 17 October 2026 after the series was levelled at 2-2. West Indies won the fourth T20I in Hyderabad by 24 runs, with captain Shai Hope scoring an unbeaten century and Keemo Paul taking five wickets. The rubber remains a high-visibility bilateral contest in India's home season calendar. Team combinations and pitch conditions in Bengaluru will shape the decider. Series scorelines and venue facts are common one-liner materials for sports current affairs.
Asian Games 2026 contingent recognition continues in national sports discourse
Following Hon'ble Prime Minister Shri Narendra Modi's interaction with the Asian Games 2026 contingent, national sports coverage on 16 October continued to highlight India's fourth-place finish with 85 medals comprising 21 gold, 27 silver and 37 bronze at Aichi-Nagoya. Federation assistance guidelines issued the same day reinforce the administrative track that supports athletes between multi-sport Games. Medal-tally figures and standout discipline performances remain staple revision points for Prelims. Sustained recognition of athletes complements funding and training reforms discussed by the sports ministry. Combined Games results and NSF governance updates offer a full sports policy snapshot for the day.
Important Days
2 storiesBIS offices mark World Standards Day 2026 with SDG 7 clean energy focus
Bureau of Indian Standards offices, including BIS Nagpur, observed World Standards Day 2026 programmes highlighting Sustainable Development Goal 7 on affordable and clean energy. The global theme emphasises how standards improve safety, efficiency, interoperability and uptake of clean-energy technologies. National celebrations earlier in the week had already placed quality infrastructure and consumer safety at the centre of standards outreach. Regional BIS events extend the message to industry, students and local stakeholders. World Standards Day facts—date cluster around mid-October and the SDG 7 theme—are useful for important-days questions.
India Mining Week rescheduled to 24–26 February 2027
The Ministry of Coal announced that India Mining Week has been rescheduled to 24–26 February 2027. The event showcases mining technology, safety practices and investment opportunities linked to India's mineral and coal sectors. Calendar shifts are typically made to align with industry participation, logistics and complementary sectoral exhibitions. Mining Week announcements help aspirants track flagship outreach platforms of the coal and mines ministries. Noting the revised dates avoids confusion with earlier tentative schedules in current affairs compilations.
Quick-revision MCQs
Ten questions drawn from today’s stories. Tap an option to check yourself.
Q1.PM-SETU investment approved on 16 October 2026 for five ITI clusters was about:
Answer: B. Rs 1,194.92 crore for clusters in Maharashtra, Odisha and J&K.
Q2.The first Kanda Express onion consignment to Agartala carries about:
Answer: C. Approximately 440 MT; expected by 18 October 2026.
Q3.RBI sanctioned amalgamation of Emirates NBD's Indian branches with RBL Bank effective from:
Answer: A. Effective date is 1 December 2026 under Section 44A.
Q4.Overnight VRRR on 15 October 2026 absorbed how much against Rs 50,000 crore notified?
Answer: B. Rs 9,562 crore at 5.49% cut-off; reversed on 16 October.
Q5.INS Samarthak was commissioned at:
Answer: C. Commissioned at INS Kadamba, Karwar, on 16 October 2026.
Q6.TDB-DST RDI support agreed with QNu Labs amounts to:
Answer: B. Rs 150 crore support; total project cost about Rs 300 crore.
Q7.India's Ramsar site tally after adding Sukhna Wetland and Sauj Jheel is:
Answer: D. 103 Wetlands of International Importance.
Q8.Organic Palmyra jaggery powder export facilitated by APEDA was of:
Answer: A. 1.755 MT from Tamil Nadu to Varna, Bulgaria.
Q9.National Conference on e-Governance Reforms on 16–17 October 2026 is hosted in:
Answer: C. Dharamshala, Himachal Pradesh; DARPG with State government.
Q10.Ayush-related annual patent filings rose from 63 in FY15 to how many in FY26?
Answer: B. 590 filings in FY 2025-26; about eightfold rise.
Source: Press Information Bureau (PIB), All India Radio (News On AIR), DD News, Reserve Bank of India, The Economic Times, Business Standard, The Hindu Business Line and IANS.
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