Current Affairs

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Page-19 of Economy & Banking Current Affairs

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

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

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