Current Affairs

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Page-3 of Economy & Banking Current Affairs

India, EFTA Sign TEPA

The Trade and Economic Partnership Agreement (TEPA) signed between India and the European Free Trade Association (EFTA) in 2025 marks a historic milestone. EFTA includes Switzerland, Norway, Iceland,...

September 12, 2025

India Launches UPI-UPU Project For Cross-Border Payments

The Union Minister for Communications, Jyotiraditya M. Scindia, launched the UPI-UPU Integration Project at the 28th Universal Postal Congress in Dubai. This initiative marks a major step in...

September 11, 2025

Declining Quality of Foreign Direct Investment in India

Foreign direct investment (FDI) remains a key element of India’s economic growth. However, recent trends reveal a complex scenario where gross inflows appear strong but net inflows are...

September 9, 2025

India’s GST Council Unveils Major Tax Reforms 2025

The 56th meeting of India’s Goods and Services Tax (GST) Council on 3 September 2025 marked a landmark shift in the country’s taxation framework. The overhaul introduces a...

September 7, 2025

Niveshak Didi Phase II

The Investor Education and Protection Fund Authority (IEPFA) launched Phase II of its financial literacy initiative, Niveshak Didi, in Hyderabad. This programme focuses on empowering rural communities, especially...

September 3, 2025

Impact of US De Minimis Rule on India-US Trade

The United States ended its century-old De Minimis exemption on 29 August 2025. This rule allowed shipments valued under $800 per person per day to enter the US...

August 30, 2025

Export Promotion Mission

India is set to launch a Rs 25,000 crore Export Promotion Mission (EPM) from 2025 to 2031. This flagship initiative aims to support exporters amid rising global trade...

August 29, 2025

Index of Industrial Production Growth July 2025

The Index of Industrial Production (IIP) for July 2025 showed a growth rate of 3.5 percent compared to July 2024. This marks an improvement over June 2025’s quick...

August 29, 2025

NDB Appoints Dr Rajiv Ranjan as Vice President

The New Development Bank (NDB), founded by the BRICS nations—Brazil, Russia, China and South Africa—has appointed Dr Rajiv Ranjan as its vice president and chief risk officer. This...

August 28, 2025

China’s Rare Earth Export Controls

The Indian automobile sector faces growing challenges due to China’s tightened control over rare earth metals. These metals are vital for manufacturing electric vehicles and advanced automotive components....

August 28, 2025

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