Page-2 of Economy & Banking Current Affairs

Piyush Goyal Sets 10-Million Medical Tourism Target

Union Commerce and Industry Minister Piyush Goyal set an annual target of 10 million international medical value tourists for India during the Sanjeevani 2026 expo in New Delhi...

September 8, 2026

Coastal Local Area Bank Gets Scheduled Bank Status

Coastal Local Area Bank Limited, headquartered in Vijayawada, was included in the Second Schedule to the Reserve Bank of India Act, 1934, and received scheduled bank status. The...

September 8, 2026

Government sells 4,000 tonnes of onion buffer stock

The Government of India sold about 4,000 tonnes of buffer onions across 17 cities during the first ten days of its subsidised retail intervention in 2026. The central...

September 7, 2026

India’s Direct Tax Buoyancy Stays Above 1 for Third Year

India’s direct tax buoyancy remained above 1 for the third consecutive financial year, with the figure at 1.39 in 2024–25. Direct tax buoyancy measures the rate of growth...

September 6, 2026

LIC Gets RBI Approval for ICICI Bank Stake

On 5 September 2026, ICICI Bank stated in a regulatory filing that the Reserve Bank of India had approved the Life Insurance Corporation of India to acquire an...

September 5, 2026

GIFT IFSC Emerges as International Banking Hub

GIFT City International Financial Services Centre (IFSC) in Gujarat has expanded its banking activity through External Commercial Borrowings, FCNR(B) swap mobilisations, and international bond listings. The International Financial...

September 3, 2026

MoSPI Clarifies Negative Manufacturing Deflator in GDP Methodology

The Ministry of Statistics and Programme Implementation (MoSPI) released India’s Gross Domestic Product estimates for the first quarter of 2026–27 with real growth of 7.8% under the 2022–23...

September 3, 2026

IRDAI Proposes Public Insurance Registry

The Insurance Regulatory and Development Authority of India (IRDAI) released a consultation paper on 1 September 2026 for a proposed Public Insurance Registry (PIR). The PIR is planned...

September 3, 2026

India’s Auto-Component Trade Deficit Reaches $1.4 Billion

India’s auto-component trade balance turned into a 1.4-billion deficit in FY2025–26, with exports of about 24 billion and imports of $25.4 billion. The gap was discussed at the...

September 3, 2026

Abhinandan Varthaman Joins Goa-based airline FLY91 as Pilot

Abhinandan Varthaman, a former Indian Air Force Group Captain, joined the Goa-based regional airline FLY91 as a commercial pilot in 2026. He retired from military aviation on 31...

September 3, 2026 aviation-current-affairs

India Plans 100 New Airports Under Modified UDAN

India plans to build 100 new airports over the next 10 years under the regional connectivity framework known as UDAN. The expansion is linked to the Modified UDAN...

September 2, 2026

Japan’s JCRA Upgrades India’s Sovereign Rating to ‘A-’

The Japan Credit Rating Agency (JCR) upgraded India’s foreign currency and local currency long-term issuer ratings to A- from BBB+ on 2 September 2026. JCR also assigned a...

September 2, 2026

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Page-2 of Economy & Banking Current Affairs

Piyush Goyal Sets 10-Million Medical Tourism Target

Coastal Local Area Bank Gets Scheduled Bank Status

Government sells 4,000 tonnes of onion buffer stock

India’s Direct Tax Buoyancy Stays Above 1 for Third Year

LIC Gets RBI Approval for ICICI Bank Stake

GIFT IFSC Emerges as International Banking Hub

MoSPI Clarifies Negative Manufacturing Deflator in GDP Methodology

IRDAI Proposes Public Insurance Registry

India’s Auto-Component Trade Deficit Reaches $1.4 Billion

Abhinandan Varthaman Joins Goa-based airline FLY91 as Pilot

India Plans 100 New Airports Under Modified UDAN

Japan’s JCRA Upgrades India’s Sovereign Rating to ‘A-’

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