Page-10 of Economy & Banking Current Affairs
India, Mercosur Plan Expansion of Trade Pact
India and Mercosur announced plans on 14 September 2026 to begin negotiations for expanding their existing Preferential Trade Agreement (PTA). Mercosur is a South American regional economic bloc...
Government Tightens E-Commerce Rules on Discounts
India’s Department of Consumer Affairs notified the Consumer Protection (E-Commerce) (Amendment) Rules, 2026 on 10 September 2026. The amended rules will replace the Consumer Protection (E-Commerce) Rules, 2020...
Karnataka Approves Aerospace Policy 2026-2031
The Karnataka Cabinet approved the Karnataka Aerospace Policy 2026-2031 on 9 September 2026. The policy covers aerospace, defence, aviation, and space research and development, and it seeks to...
PM Modi Urges Fintech Push Beyond UPI
Prime Minister Narendra Modi inaugurated the seventh edition of the Global Fintech Fest 2026 in Mumbai on 8 September 2026. He called for the Indian fintech sector to...
Piyush Goyal Sets 10-Million Medical Tourism Target
Union Commerce and Industry Minister Piyush Goyal set an annual target of 10 million international medical value tourists for India during the Sanjeevani 2026 expo in New Delhi...
Coastal Local Area Bank Gets Scheduled Bank Status
Coastal Local Area Bank Limited, headquartered in Vijayawada, was included in the Second Schedule to the Reserve Bank of India Act, 1934, and received scheduled bank status. The...
Government sells 4,000 tonnes of onion buffer stock
The Government of India sold about 4,000 tonnes of buffer onions across 17 cities during the first ten days of its subsidised retail intervention in 2026. The central...
India’s Direct Tax Buoyancy Stays Above 1 for Third Year
India’s direct tax buoyancy remained above 1 for the third consecutive financial year, with the figure at 1.39 in 2024–25. Direct tax buoyancy measures the rate of growth...
LIC Gets RBI Approval for ICICI Bank Stake
On 5 September 2026, ICICI Bank stated in a regulatory filing that the Reserve Bank of India had approved the Life Insurance Corporation of India to acquire an...
GIFT IFSC Emerges as International Banking Hub
GIFT City International Financial Services Centre (IFSC) in Gujarat has expanded its banking activity through External Commercial Borrowings, FCNR(B) swap mobilisations, and international bond listings. The International Financial...
MoSPI Clarifies Negative Manufacturing Deflator in GDP Methodology
The Ministry of Statistics and Programme Implementation (MoSPI) released India’s Gross Domestic Product estimates for the first quarter of 2026–27 with real growth of 7.8% under the 2022–23...
