Category Center for the Study for Finance and Economics

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Karnataka Department Schemes Update 2026

Karnataka is one of the largest states of India, occupying an area of 1,91,791 sq.km. It is the sixth largest state of India and has a population of more than 6.1 crore (as per Census 2011), making it the eighth most populated state. There are sharp regional differences such as the technology-oriented metro-economy of Bangalore Urban district, the drought prone and less developed Kalyana Karnataka region in the northeast consisting of seven districts, the coastal region of Karavali and the ecologically vulnerable Western Ghats ranges of Malnad. Karnataka comprises 31 districts in four administrative divisions: Bangalore, Belagavi, Kalaburagi and Mysuru.

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RBI’s Exchange Rate Management Policy: Defending the Rupee Amid the West Asia Oil Shock

On February 28, 2026, war broke out in West Asia after the United States and Israel launched a coordinated large-scale air campaign across Iran, reigniting long-standing regional tensions. The conflict quickly escalated, with Iran closing the Strait of Hormuz, a strategic maritime channel connecting the oil-rich Persian Gulf to the Gulf of Oman and the Arabian Sea. More than 20 percent of global oil and liquefied natural gas exports pass through the strait, making it one of the world's most critical energy corridors and particularly important for Asian economies such as India.

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