Page-2 of Economy & Banking Current Affairs
SEBI Fines CDSL ₹1 Crore for Compliance Lapses
On 30 October 2026, the Securities and Exchange Board of India (SEBI) imposed a ₹1 crore penalty on Central Depository Services (India) Ltd (CDSL) after an inspection of...
Jatin Kumar Nayak Takes Charge as IREDA CMD
Jatin Kumar Nayak assumed charge as Chairman and Managing Director (CMD) of the Indian Renewable Energy Development Agency (IREDA) on 31 October 2026. His appointment took effect on...
GI-Tagged Jumbo Custard Apple from Seoni to Enter International Market for First Time
Madhya Pradesh’s Seoni district has achieved a significant milestone as its famous GI-tagged Jumbo Custard Apple (Sitaphal) is set to enter the international market for the first time....
Government Extends Cotton Import Duty Exemption to December 2026
The Ministry of Finance extended the customs duty exemption on cotton imports until 31 December 2026. The extension was announced on 30 October 2026, replacing the previous deadline...
Bahram Vakil to Succeed Noel Tata as Trent Chairman
Trent Ltd’s board appointed Bahram Vakil as chairman, effective 12 November 2026, succeeding Noel N. Tata. Noel Tata will step down as chairman and director on 11 November,...
IRDAI Names November 2026 Grievance Resolution Month
The Insurance Regulatory and Development Authority of India (IRDAI) announced on 29 October 2026 that November would be observed as Grievance Resolution Month. The initiative aims to speed...
Centre Forms High-Level Committee on Banking Reforms
On 30 October 2026, the Centre constituted the High-Level Committee on Banking for “Viksit Bharat” to review India’s banking sector and recommend structural, institutional, regulatory and legislative reforms....
GST Council Recommends 5% Rate for E-commerce Delivery Services
At its 57th meeting on 8 October 2026, the GST Council recommended a 5% Goods and Services Tax (GST) rate without input tax credit (ITC) on delivery services...
Tamil Nadu Cabinet Clears Incentives for Eight Industrial Projects
On 29 October 2026, the Tamil Nadu Cabinet, chaired by Chief Minister C. Joseph Vijay, approved incentives for eight industrial projects involving ₹3,767 crore and projected to create...
Christine Lagarde Resigns Early as ECB President
Christine Lagarde announced on 29 October 2026 that she would resign as President of the European Central Bank (ECB), with effect from 7 February 2027. Her eight-year term...
HD Hyundai Backs Proposed Thoothukudi Shipyard
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding arm of HD Hyundai, has reiterated its intent to be a strategic investor in a proposed greenfield shipyard...
