Current Affairs

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Page-28 of Economy & Banking Current Affairs

Pakistan’s Ongoing Relationship with the IMF

In September 2024, the International Monetary Fund (IMF) approved an important loan for Pakistan. The loan, valued at US$7 billion, marks Pakistan’s second-largest borrowing from the IMF. This...

November 13, 2024

Air India and Vistara Merger

The merger of Air India and Vistara marks an important shift in the aviation landscape. This strategic move aims for enhanced efficiency and profitability. The merger is expected...

November 13, 2024

Amul Expands to European Market

Amul is set to enter the European market by the end of November 2024. This follows its successful launch in the United States earlier this year. The Gujarat...

November 13, 2024

India’s Renewable Energy Growth and Investment

India’s renewable energy sector has rapidly evolved over the past decade. The country recently achieved an important milestone of 200 GW in renewable energy capacity. This includes nearly...

November 12, 2024

Gujarat’s Semiconductor Policy Drives Economic Growth

The Gujarat government has launched the Gujarat Semiconductor Policy 2022-2027. This initiative aligns with Prime Minister Narendra Modi’s vision for a developed India by 2047. It aims to...

November 9, 2024

India and ADB Sign $200 Million Loan for Uttarakhand

The Government of India and the Asian Development Bank (ADB) signed an important $200 million loan. This funding aims to improve urban services in Uttarakhand. The agreement was...

November 7, 2024

EPFO Sees 18.53 Lakh New Members in August 2024

The Employees’ Provident Fund Organisation (EPFO) reported an important growth in its subscriber base. In August 2024 alone, there was a net addition of 18.53 lakh members. This...

October 21, 2024

WHO Receives $700 Million Pledges for 2025-2028 Budget

During an event in Berlin, the World Health Organization (WHO) announced it has received $700 million in new funding pledges for its 2025-2028 budget. This is in addition...

October 15, 2024

World Bank Establishes Fund to Support Ukraine’s Recovery

The World Bank has created a special Financial Intermediary Fund (FIF) to help Ukraine as it continues to face challenges from the ongoing war with Russia. Countries like...

October 11, 2024

Southern States Lead in GDP Contribution

A recent report by the Economic Advisory Council to the Prime Minister (EAC-PM) has highlighted large differences in how different Indian states are doing economically. The report shows...

September 19, 2024

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