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Page-10 of Economy & Banking Current Affairs

NCDEX Launches India’s First Weather Derivative Contract

The National Commodities and Derivatives Exchange (NCDEX) announced RAINMUMBAI on 20 May 2026 as India’s first SEBI-approved exchange-traded weather derivatives contract. The contract is a cash-settled futures instrument...

May 21, 2026

India Extends India Semiconductor Mission 2.0

The India Semiconductor Mission (ISM) was approved by the Union Cabinet in December 2021 with an outlay of ₹76,000 crore. By May 2026, the mission had approved 12...

May 20, 2026

UN Cuts India’s 2026 GDP Growth Forecast to 6.4%

The United Nations revised India’s GDP growth forecast for 2026 to 6.4% on 20 May 2026, down from an earlier estimate of 6.6%. The revision was issued in...

May 20, 2026

Shyam Metalics Plans ₹20,000 Crore Investment in West Bengal

Shyam Metalics has announced a planned investment of ₹20,000 crore in West Bengal. The plan includes expansion at Kharagpur and Jamuria, two industrial locations in the state, with...

May 20, 2026

Mahindra and DBS Launch Green Dealer Financing Scheme

Mahindra & Mahindra and DBS Bank India launched India’s first sustainability-linked dealer financing programme for the automotive sector on 19 May 2026. The scheme links loan interest rates...

May 19, 2026

Maharashtra Signs MoUs for 25,400 MW Nuclear Projects

Maharashtra signed Memorandums of Understanding with four companies on 19 May 2026 for nuclear energy generation projects with a combined capacity of 25,400 MW. The agreements were announced...

May 19, 2026

RBI Removes Investment Fluctuation Reserve Rule

The Reserve Bank of India removed the Investment Fluctuation Reserve requirement for commercial banks on 8 April 2026. The change applies under the Reserve Bank of India (Commercial...

May 18, 2026

Delhi Announces Collateral-Free Loans for Women-Led Startups

On 17 May 2026, the Delhi government announced collateral-free loans of up to ₹10 crore for women self-help groups and women-led startups. The Delhi government will act as...

May 17, 2026

Jammu and Kashmir Approves ₹93 Crore Power Projects

On 15 May 2026, the Jammu and Kashmir Cabinet approved power infrastructure projects worth ₹93 crore for Srinagar and adjoining areas. The projects include augmentation of the Grid...

May 16, 2026

India Bans Sugar Exports Till 30 September

India prohibited the export of raw, white and refined sugar with immediate effect from 14 May 2026 until 30 September 2026 or until further orders. The Directorate General...

May 15, 2026

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