Current Affairs

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Page-15 of Economy & Banking Current Affairs

Taxation Framework Changes for AIFs

Recently, amendments to the taxation framework for Alternative Investment Funds (AIFs) were proposed in the Finance Bill. These changes aim to clarify the tax treatment of securities held...

March 28, 2025

India BioEconomy Report

The India BioEconomy Report was released recently by the Department of Biotechnology. It revealed that, in 2024, bioeconomy was valued at over $165 billion, contributing more than 4.2%...

March 28, 2025

Discontinuation of Gold Monetisation Scheme

The Government of India has recently decided to discontinue the medium- and long-term components of the Gold Monetisation Scheme (GMS). This decision, effective from March 26, 2025, comes...

March 27, 2025

India Imposes Anti-Dumping Duties to Curb Cheap Chinese Imports

India has recently introduced anti-dumping duties on five products imported from China. This decision aims to protect local industries from unfair competition posed by low-priced imports. What are...

March 25, 2025

Abolition of Equalisation Levy on Online Advertisements

The Government of India proposed the abolition of the Equalisation Levy on online advertisements on March 24, 2025. This move is part of 59 amendments to the Finance...

March 25, 2025

US Access to Indian Market for Key Crops

The United States is keen to enhance its access to the Indian market for three crops – soybean, corn, and cotton. This interest intensified following statements from former...

March 25, 2025

Challenges in Implementing PLI Scheme

India’s government has recently decided to discontinue $23 billion initiative aimed at boosting domestic manufacturing. Launched four years ago, the Production-Linked Initiative (PLI) sought to attract firms away...

March 24, 2025

US Trade Deficit

Recently, the United States continues to grapple with trade deficit. In 2024, the trade deficit exceeded $1 trillion for the fourth consecutive year. The persistent imbalance indicates a...

March 22, 2025

Statistical Business Register

The Government of India plans to launch a statistical business register by the end of 2025. This initiative aims to monitor the opening and closing of businesses across...

March 22, 2025

Skilled Indian Migrants Shift to Advanced Economies

Recent trends indicate shift in the demographics of Indian migrants. According to the Reserve Bank of India’s latest survey, skilled professionals are increasingly moving to advanced economies. This...

March 20, 2025

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