Current Affairs

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Page-26 of Economy & Banking Current Affairs

India Among Top 10 Countries with AI Readiness

India is emerging as a leader in Artificial Intelligence (AI) readiness,  highlighting its strong potential to enhance public services. The Boston Consulting Group’s report assesses AI readiness across...

November 23, 2024

India’s Foreign Exchange Reserves 2024 – Update

India’s foreign exchange reserves are crucial for economic stability. On November 15, they stood at $657.89 billion which includes $65.75 billion in gold. The reserves had previously reached...

November 23, 2024

India and Maldives Enhance Currency Cooperation

The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) have recently signed a very important agreement, which aims to facilitate transactions using local currencies. The...

November 23, 2024

Supreme Court Rules on Telecom Tax Credits

The Supreme Court of India recently made a landmark ruling, which allows telecom companies to claim tax credits for expenses related to mobile towers and pre-fabricated buildings (PFBs)....

November 22, 2024

ASEAN-India Free Trade Agreement (AIFTA) Review

The ASEAN-India Free Trade Agreement (AIFTA) was initiated in 2010, which aimed to enhance trade in goods and services. After 15 years, a review is necessary to assess...

November 21, 2024

India-Australia Annual Summit 2024

Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese met during the G20 summit in Rio de Janeiro. They reviewed their Comprehensive Strategic Partnership as they approach...

November 21, 2024

GAIL Wins SAP ACE Award for Financial Innovation

GAIL (India) Limited has achieved notable recognition and the company has won the SAP ACE Award 2024 for Best Financial Transformation. This marks the second consecutive year of...

November 20, 2024

Income Tax Campaign for Foreign Assets Awareness

The Income Tax Department has initiated a new campaign that targets taxpayers with high-value foreign income or assets, which aims to enhance compliance for the Assessment Year 2024-25....

November 20, 2024

India’s Exports Surge in October 2024

India’s export landscape experienced remarkable growth in October 2024 with the core group of exports rising by 27.7% compared to the previous year and this growth spanned various...

November 19, 2024

Global Freight Summit 2024

The Global Freight Summit 2024 commenced in Dubai on November 18, marking its third edition since 2022. Hosted by DP World, the event will conclude on November 20...

November 19, 2024

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