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Page-10 of Economy & Banking Current Affairs

GeM Completes 10 Years with ₹20 Lakh Crore GMV

India’s Government e-Marketplace (GeM) completed 10 years of operations on 9 August 2026. The Ministry of Commerce and Industry stated on 7 August 2026 that GeM had facilitated...

August 8, 2026

RBI Revises Loan Recovery Rules

The Reserve Bank of India (RBI) issued nine circulars on 6 August 2026 to create a unified framework called the Amendment Directions for loan recovery practices. The directions...

August 8, 2026

Railways Introduces All India Licence for Container Train Operators

The Ministry of Railways approved reforms to the Model Concession Agreement for Container Train Operators on 6 August 2026. The revised framework introduces a single All India Licence...

August 7, 2026

Standard Chartered Gets Approval for GIFT City Wealth Services

Standard Chartered received in-principle approval from the International Financial Services Centres Authority (IFSCA) on 6 August 2026 to distribute capital market and wealth management products from Gujarat International...

August 7, 2026

RBI Releases Second List of Upper Layer NBFCs

The Reserve Bank of India released the updated list of Upper Layer Non-Banking Financial Companies for 2026-27 on 6 August 2026. The list contains 17 entities, compared with...

August 7, 2026

Coal India Moves into Iron Ore Mining in Diversification Push

Coal India Limited (CIL), a Maharatna public sector undertaking under the Ministry of Coal, became the preferred bidder for the Gadadharpur Iron Ore Block in Keonjhar district of...

August 7, 2026

Lok Sabha Passes Taxation and Other Laws Amendment Bill,2026

The Lok Sabha passed the Taxation and Other Laws (Amendment) Bill, 2026, on 6 August 2026. The Bill amends the Payment and Settlement Systems Act, 2007, the Income-tax...

August 6, 2026

BIRC 2026 to Unveil Global Rice Archive

The Bharat International Rice Conference (BIRC) 2026 will unveil a Global Rice Archive in October 2026 at Bharat Mandapam in New Delhi. The archive will display about 200...

August 6, 2026

KKR to Acquire Medicover India in $1.5 Billion Deal

KKR announced definitive agreements on 6 August 2026 to acquire Medicover India, the Indian hospital operations of Swedish healthcare and diagnostic services provider Medicover AB. The transaction is...

August 6, 2026

Andhra Pradesh Targets ₹9.5 Lakh Crore Investment in Visakhapatnam Region

The Andhra Pradesh government has set an investment target of up to ₹9.5 lakh crore for the Visakhapatnam Economic Region (VER). The plan covers eight districts and spans...

August 6, 2026

RBI to Resume Issuing Fresh Licences for Urban Cooperative Banks

The Reserve Bank of India (RBI) announced on 5 August 2026 that it will resume issuing fresh licences for Urban Cooperative Banks (UCBs) after a pause of more...

August 6, 2026

Government Notifies Rules for Cross-Border E-Commerce Exports

The Government of India operationalised rules for inventory-based cross-border e-commerce exports on 5 August 2026 through the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce...

August 6, 2026