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Page-2 of Economy & Banking Current Affairs

KDEM, GoodWorks Target ₹5,000 Crore GCC Investment

The Karnataka Digital Economy Mission (KDEM) and GoodWorks Group signed a Memorandum of Understanding on 6 August 2026 to accelerate the growth of Global Capability Centres (GCCs) in...

August 8, 2026

Odisha Secures ₹43,437 Crore Food Processing Proposals

Odisha received investment proposals worth ₹43,437 crore in the food processing sector on 7 August 2026 during the launch of Odisha Food Pro-2026 in New Delhi. The event...

August 8, 2026

India International Footwear Fair 2026 Opens in New Delhi

The 10th India International Footwear Fair (IIFF) 2026 was held at Bharat Mandapam, New Delhi, from 6 August to 8 August 2026. The three-day business-to-business exhibition was organised...

August 8, 2026

Andhra Pradesh to Procure 1,600 MW Thermal Power

Andhra Pradesh Electricity Regulatory Commission (APERC) granted in-principle approval on 6 August 2026 for the state distribution companies to begin competitive bidding for 1,600 MW of coal-based thermal...

August 8, 2026

GeM Completes 10 Years with ₹20 Lakh Crore GMV

India’s Government e-Marketplace (GeM) completed 10 years of operations on 9 August 2026. The Ministry of Commerce and Industry stated on 7 August 2026 that GeM had facilitated...

August 8, 2026

RBI Revises Loan Recovery Rules

The Reserve Bank of India (RBI) issued nine circulars on 6 August 2026 to create a unified framework called the Amendment Directions for loan recovery practices. The directions...

August 8, 2026

Railways Introduces All India Licence for Container Train Operators

The Ministry of Railways approved reforms to the Model Concession Agreement for Container Train Operators on 6 August 2026. The revised framework introduces a single All India Licence...

August 7, 2026

Standard Chartered Gets Approval for GIFT City Wealth Services

Standard Chartered received in-principle approval from the International Financial Services Centres Authority (IFSCA) on 6 August 2026 to distribute capital market and wealth management products from Gujarat International...

August 7, 2026

RBI Releases Second List of Upper Layer NBFCs

The Reserve Bank of India released the updated list of Upper Layer Non-Banking Financial Companies for 2026-27 on 6 August 2026. The list contains 17 entities, compared with...

August 7, 2026

Coal India Moves into Iron Ore Mining in Diversification Push

Coal India Limited (CIL), a Maharatna public sector undertaking under the Ministry of Coal, became the preferred bidder for the Gadadharpur Iron Ore Block in Keonjhar district of...

August 7, 2026

Lok Sabha Passes Taxation and Other Laws Amendment Bill,2026

The Lok Sabha passed the Taxation and Other Laws (Amendment) Bill, 2026, on 6 August 2026. The Bill amends the Payment and Settlement Systems Act, 2007, the Income-tax...

August 6, 2026

Bharat International Rice Conference to Be Held in October

The Bharat International Rice Conference (BIRC) 2026 is the second edition of the event and will be held from 23 to 25 October 2026 at Bharat Mandapam in...

August 6, 2026

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