Current Affairs

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Page-2 of Economy & Banking Current Affairs

RBI Approves Record ₹2.87 Lakh Crore Dividend

The Reserve Bank of India approved a dividend of ₹2,86,588.46 crore for the Central Government for the accounting year 2025-26 on 22 May 2026. The amount is the...

May 23, 2026

India Reviews Metallurgical Coke Import Duty

India has reviewed the import duty structure on low-ash metallurgical coke, a key input in steelmaking, in 2026. The Ministry of Steel has sought withdrawal of anti-dumping tariffs...

May 22, 2026

India’s Rooftop Solar Capacity Reaches 20.8 GW

India’s rooftop solar capacity reached 20.8 GW in 2025 after 7.1 GW of new installations, which marked a 123% year-on-year increase. The residential sector accounted for 76% of...

May 22, 2026

NCDEX Launches India’s First Weather Derivative Contract

The National Commodities and Derivatives Exchange (NCDEX) announced RAINMUMBAI on 20 May 2026 as India’s first SEBI-approved exchange-traded weather derivatives contract. The contract is a cash-settled futures instrument...

May 21, 2026

India Extends India Semiconductor Mission 2.0

The India Semiconductor Mission (ISM) was approved by the Union Cabinet in December 2021 with an outlay of ₹76,000 crore. By May 2026, the mission had approved 12...

May 20, 2026

UN Cuts India’s 2026 GDP Growth Forecast to 6.4%

The United Nations revised India’s GDP growth forecast for 2026 to 6.4% on 20 May 2026, down from an earlier estimate of 6.6%. The revision was issued in...

May 20, 2026

Shyam Metalics Plans ₹20,000 Crore Investment in West Bengal

Shyam Metalics has announced a planned investment of ₹20,000 crore in West Bengal. The plan includes expansion at Kharagpur and Jamuria, two industrial locations in the state, with...

May 20, 2026

Mahindra and DBS Launch Green Dealer Financing Scheme

Mahindra & Mahindra and DBS Bank India launched India’s first sustainability-linked dealer financing programme for the automotive sector on 19 May 2026. The scheme links loan interest rates...

May 19, 2026

Maharashtra Signs MoUs for 25,400 MW Nuclear Projects

Maharashtra signed Memorandums of Understanding with four companies on 19 May 2026 for nuclear energy generation projects with a combined capacity of 25,400 MW. The agreements were announced...

May 19, 2026

RBI Removes Investment Fluctuation Reserve Rule

The Reserve Bank of India removed the Investment Fluctuation Reserve requirement for commercial banks on 8 April 2026. The change applies under the Reserve Bank of India (Commercial...

May 18, 2026

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