Current Affairs

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Page-22 of Economy & Banking Current Affairs

Delhi and Bengaluru Lead in India’s Crypto Investment

Delhi and Bengaluru emerged as players in India’s cryptocurrency landscape, and contributed notably to the national investment portfolio, especially in the Layer-1 category. According to a recent report,...

December 19, 2024

Surge in Indian Capital Markets Post-Covid-19

The Indian capital markets have experienced remarkable growth since the Covid-19 pandemic and retail investor participation has transformed the landscape of investment in the country. This trend reflects...

December 19, 2024

India Becomes Third Largest Smartphone Exporter

India has made strides in the global smartphone market and has risen from 23rd to 3rd place in smartphone exports since 2019. In November 2024, India’s smartphone exports...

December 18, 2024

OPEC Fund Approves $1 Billion in Development Aid

The OPEC Fund for International Development has recently approved nearly $1 billion in funding to support various development projects worldwide. This decision was made during the 190th Governing...

December 18, 2024

India’s Path to Economic Growth and Investment

India is currently navigating economic transitions. Recent discussions in Mumbai focused on strategies for enhancing financial mobilization. The workshop, hosted by NITI Aayog, the University of California, Berkeley,...

December 18, 2024

Gujarat’s First Semiconductor Assembly Plant Opens

Suchi Semicon has inaugurated Gujarat’s first Outsourced Semiconductor Assembly and Testing (OSAT) plant in Surat, marking an advancement in India’s semiconductor manufacturing landscape. Plant Overview The OSAT plant...

December 18, 2024

RBI Tackles Unclaimed Deposits in India

The Reserve Bank of India (RBI) has initiated measures to address the growing issue of unclaimed deposits, arising from inactive savings or current accounts, as well as unclaimed...

December 16, 2024

India’s Data Centre set for $100 Billion Investment by 2027

India’s data centre industry is transforming, with investments projected to surpass $100 billion by 2027. The sector has attracted approximately $60 billion in investment from 2019 to 2024,...

December 16, 2024

3rd India-UK Financial Markets Dialogue

Senior officials from India’s Ministry of Finance and the UK’s HM Treasury convened to discuss financial cooperation. This dialogue involved key regulatory bodies, including the Reserve Bank of...

December 14, 2024

Union Budget 2025: India’s Fiscal Deficit Challenges Ahead

India is currently grappling with hurdles in its efforts to reduce the fiscal deficit to 4.5% of GDP by the fiscal year 2025-26. which peaked at 9.5% of...

December 14, 2024

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