Page-18 of Economy & Banking Current Affairs - 2024

Navigating the Currency Demand Paradox: RBI Paper Emphasizes Cybersecurity and Customer Protection

November 29, 2023

In a recent paper titled ‘Cash versus Digital Payment Transactions in India: Decoding the Currency Demand Paradox,’ the Reserve Bank highlighted the importance of cybersecurity, customer protection, and cost-effectiveness in sustaining the surge in digital payments catalyzed by the Covid-19 ..

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Unprecedented Pest Infestation Devastates Paddy Crops in Assam

November 23, 2023

Continuous warm temperatures in Assam have been identified as a key factor behind a severe pest infestation that has wreaked havoc on approximately 28,000 hectares of paddy crops across at least 15 districts. The affected crops, on the verge of ..

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ICRA Forecasts Sequential Moderation in India’s GDP Growth to 7% in Q2 FY2024

November 22, 2023

ICRA, the rating agency, predicts a sequential moderation in India’s GDP growth to 7% in the July-September 2023 quarter, down from 7.8% in Q1 FY2024. Despite the moderation, the second-quarter expansion is expected to surpass the Monetary Policy Committee’s (MPC) ..

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Climate Risks for Women in Agri-Food Systems: Hotspot Map Highlights Vulnerability

November 20, 2023

A new hotspot map, developed by an international team of researchers, reveals that women engaged in agri-food systems in Africa and Asia, including India, face the highest climate risks. The map, ranking 87 countries based on climate change threats to ..

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Maharashtra’s Climate-Resilient Agriculture Project Faces Funding Disparities and Sustainability Concerns

November 15, 2023

Since 2018, Maharashtra has initiated a pioneering project known as the Project on Climate Resilient Agriculture (pocra), aimed at helping farmers transition to climate change-resilient practices. This ambitious endeavor, implemented in 16 out of the state’s 36 districts, is touted ..

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Active vs. Passive Funds: Insights into Mutual Fund Flows in Q2

November 15, 2023

During the July-September quarter (Q2), active equity funds took the spotlight, attracting significant attention from mutual fund investors. According to a study conducted by Motilal Oswal AMC, active equity funds experienced robust net inflows of approximately Rs 74,000 crore. Fund ..

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