Current Affairs

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Page-29 of Economy & Banking Current Affairs

Berkshire Hathaway First Non-Tech Company to Hit $1 Trillion

Berkshire Hathaway, led by Warren Buffett, made history by becoming the first non-technology company to reach a market value of $1 trillion, on August 28. This achievement came...

August 30, 2024

RBI Announces Future Launch of Unified Lending Interface (ULI)

The Unified Lending Interface (ULI) is a new technology platform that the Reserve Bank of India (RBI) plans to introduce across the country. Its main purpose is to...

August 27, 2024

Jackson Hole Symposium 2024

The Jackson Hole Economic Policy Symposium is a yearly event that gathers important people like central bankers, economists, and policymakers from around the world. It is organized by...

August 23, 2024

CCI Raises Concerns Over $8.5 Billion Reliance-Disney Merger

The $8.5 billion merger between Reliance and Disney is under the spotlight as India’s antitrust body, the Competition Commission of India (CCI), examines its impact on competition in...

August 22, 2024

What is Dynamic Reference Rate?

India and Russia are working on introducing a “dynamic reference rate” for their currencies, the Indian Rupee (INR) and the Russian Rouble (RUB), to make financial transactions between...

August 14, 2024

What is the ‘yen carry trade’?

Global equity markets experienced a severe downturn starting on Aug 05, causing significant declines in major markets from Tokyo to London. Japan’s Nikkei had its largest single-day drop...

August 6, 2024

What is B-Ready Index?

India is preparing for the World Bank’s new Business-Ready (B-Ready) index, which will evaluate the global business environment and investment climate. This new index replaces the Doing Business...

August 5, 2024

ADB Loans $200 Million for India’s Waste Management Improvement

The Asian Development Bank (ADB) has approved a $200 million loan to improve how solid waste and sanitation are handled in 100 cities across India. This project is...

August 2, 2024

India aims for $30 Trillion Economy by 2047

India aims to become a USD 30 trillion economy by 2047, the 100th anniversary of its independence. According to a plan by NITI Aayog, called ‘Vision for Viksit...

July 31, 2024

Pakistan Seeks Debt Re-Profiling for IMF Bailout Package

Pakistan is currently in talks with China, Saudi Arabia, and the UAE to reschedule over $27 billion in debt and other financial obligations. This step is crucial for...

July 30, 2024

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