Current Affairs

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Page-18 of Economy & Banking Current Affairs

Interest Equalisation Scheme Extension

The Indian Commerce Ministry is advocating for a further extension of the Interest Equalisation Scheme (IES) in the upcoming Budget. This initiative aims to boost export activities amid...

January 18, 2025

RINL Revival Package Announced

Recently, the Government of India announced revival package for Rashtriya Ispat Nigam Ltd (RINL), a state-owned steel manufacturer facing severe financial difficulties. The ₹11,440 crore package aims to...

January 18, 2025

India in QS World Future Skills Index

Recently, India has been recognised as the second most prepared job market globally, following the United States, according to the QS World Future Skills Index. This inaugural index...

January 17, 2025

RBI Introduces Daily VRR Auctions

In move to manage liquidity, the Reserve Bank of India (RBI) has announced daily variable rate repo (VRR) auctions. This decision comes amid a liquidity deficit exceeding ₹2...

January 17, 2025

FEMA Regulations Update 2025

Recently, changes to the Foreign Exchange Management Act (FEMA) were implemented to facilitate cross-border transactions in Indian rupees (INR) and other foreign currencies. The Reserve Bank of India...

January 17, 2025

Why Union Budget is Presented on February 1?

The Union Budget of India is presented annually, specifically on February 1 since 2017. This date allows the government to make necessary financial adjustments before the fiscal year...

January 15, 2025

CII’s 10-Point Agenda for Ease of Doing Business

The Confederation of Indian Industry (CII) has revealed a 10-point agenda aimed at enhancing the Ease of Doing Business (EoDB) in India ahead of the 2025-26 Budget. This...

January 14, 2025

India’s Higher Education Crisis

India’s higher education system faces challenge. A recent report indicates that 80% of graduates are unfit for industry roles. With around 50 million graduates entering the job market...

January 13, 2025

World Economic Situation and Prospects Report 2025

The Indian economy is projected to grow by 6.6 per cent in 2025, according to the United Nations’ World Economic Situation and Prospects report. This growth is supported...

January 11, 2025

Startups Return to India Post Angel Tax Abolition

The recent abolition of the angel tax in India has sparked a wave of optimism among startups. Many companies are relocating their headquarters back to India, encouraged by...

January 11, 2025

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