Current Affairs

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Page-19 of Economy & Banking Current Affairs

ICEGATE and Trade Data Challenges

Recent developments in India’s trade data management have brought into light changes in the way import and export statistics are compiled. The shift from the SEZ Online System...

January 11, 2025

India’s GDP Growth Forecast for FY25

India’s Real Gross Domestic Product (GDP) growth is projected to reach a four-year low of 6.4 per cent for the financial year 2024-25. This estimate, released by the...

January 9, 2025

Kandla Port Capacity Expansion Announced in 2025

In January 2025, developments were announced for Kandla Port, aiming to enhance its capacity and operational capabilities. This initiative aligns with Prime Minister Narendra Modi’s vision of ‘Make...

January 8, 2025

Challenges in Corporate Tax and Excise Duty Collections

Recent trends indicate that meeting Budget Estimates (BE) for Corporate Tax (CT) and Union Excise Duty will be challenging. The Union Budget for Fiscal Year 2025-26 is set...

January 7, 2025

Income Inequality Trends in India 2023

Recent analysis reveals changes in income inequality in India, particularly following the challenges posed by the Covid-19 pandemic. A working paper from the People Research on India’s Consumer...

January 7, 2025

RBI Mandates 15-Day Credit Score Updates

As of January 1, 2025, the Reserve Bank of India (RBI) has implemented regulation requiring lenders to update credit bureau records every 15 days. This change aims to...

January 7, 2025

NYC Launches Congestion Pricing Initiative

In January 2025, New York City became the first city in the United States to implement congestion pricing. This initiative aims to alleviate traffic congestion in densely populated...

January 7, 2025

Why Rupee Fell to Record Low

In December 2024, the Indian rupee reached a record low of 85.81 against the U.S. dollar. This decline marked a 3% depreciation over the year, continuing a long-term...

January 6, 2025

CCI Sets New Standards in M&A Regulations

The Competition Commission of India (CCI) has made strides in regulatory efficiency, particularly in the realm of mergers and acquisitions (M&A). The Annual Report for FY 2023-24 revealed...

January 4, 2025

Rising Costs of Drug-Resistant Infections

Drug-resistant infections present challenge to healthcare systems. A recent study by the Indian Council of Medical Research (ICMR) reveals that these infections not only prolong hospital stays but...

January 4, 2025

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