Current Affairs

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Page-24 of Economy & Banking Current Affairs

Insolvency and Bankruptcy Code Cases Slow Down

The Insolvency and Bankruptcy Code (IBC) has been mechanism for resolving distressed debts in India. However, recent trends indicate a decline in its effectiveness. The Reserve Bank of...

January 27, 2025

Surge in Banking Complaints Under Ombudsman Scheme

The Reserve Bank of India (RBI) reported rise in customer complaints under its Integrated Ombudsman Scheme for the fiscal year ending March 2024. The total complaints surged by...

January 27, 2025

CBIC Introduces Temporary Identification Number

The Central Board of Indirect Taxes and Customs (CBIC) has recently implemented changes to the Goods and Services Tax (GST) framework in India. These changes include the introduction...

January 27, 2025

Unified Lending Interface (ULI) Pilot

The Unified Lending Interface (ULI) was launched by the Reserve Bank of India (RBI) to streamline the lending process. Since its pilot inception in August 2023, ULI has...

January 25, 2025

Rising Geo-Economic Fragmentation Threatens Global GDP

The World Economic Forum recently released the Navigating Global Financial System Fragmentation report. It revealed that geo-economic fragmentation could drastically diminish global GDP. This potential impact is set...

January 24, 2025

Global Foreign Direct Investment Decline

Global foreign direct investment (FDI) experienced a notable decline of eight per cent in 2024, according to the United Nations Conference on Trade and Development (UNCTAD). This reduction...

January 24, 2025

Sebi’s New When-Listed Trading Platform Explained

The Securities and Exchange Board of India (Sebi) is set to launch a “when-listed” trading platform. This initiative aims to regulate the trading of shares between the allotment...

January 24, 2025

India’s Manufacturing Vision for Tier 2 and 3 Cities

The Government of India is focusing on enhancing manufacturing capabilities in Tier 2 and 3 cities. This initiative aims to boost the country’s economic growth by increasing the...

January 23, 2025

India’s Semiconductor and Electronics Manufacturing Initiatives

India is making strides in the semiconductor and electronics manufacturing sectors as it prepares for the Union Budget 2025-26. The Union Finance Ministry has brought into light the...

January 23, 2025

MeitY Releases “Estimation and Measurement of India’s Digital Economy” Report

India’s digital economy has been experiencing rapid growth, contributing to the national income and employment landscape. The Ministry of Electronics and Information Technology (MeitY) has released a very...

January 23, 2025

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