Current Affairs

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Page-3 of Economy & Banking Current Affairs

Disinvestment Target Set at ₹80,000 Crore

The Centre has set an ambitious target of ₹80,000 crore from disinvestment and asset monetisation in FY27, signalling a renewed push to shore up non-tax revenues under the...

February 1, 2026

Budget 2026: Tax Holiday Until 2047

Union Finance Minister Nirmala Sitharaman announced a long-term tax incentive in the Union Budget 2026, offering a tax holiday until 2047 for select foreign companies. The move signals...

February 1, 2026

FY27 Net Market Borrowing Set at ₹11.73 Lakh Crore

The Union government has pegged its net market borrowing at ₹11.73 lakh crore for FY27, underscoring a calibrated increase in funding to support capital expenditure while adhering to...

February 1, 2026

India Semiconductor Mission 2.0 Launched

Union Finance Minister Nirmala Sitharaman has unveiled India Semiconductor Mission (ISM) 2.0 in the Union Budget 2026, signalling a decisive shift in India’s electronics and semiconductor strategy. The...

February 1, 2026

Tax Exemptions Boost Lithium-Ion Cell Manufacturing

Finance Minister Nirmala Sitharaman has announced a set of targeted tax and duty exemptions in the Union Budget 2026, aimed at strengthening India’s clean energy, manufacturing, and regional...

February 1, 2026

Economic Survey Flags Shift in India’s Pharma and Medical Devices Sector

The Economic Survey 2025–26 has highlighted a structural transformation underway in India’s pharmaceutical and medical devices industries, with a clear shift from volume-led growth to value-driven expansion. The...

January 31, 2026

India Allows EU Banks 15 Branches Under Free Trade Agreement

India has agreed to allow European Union banks to open up to 15 branches over a four-year period under the recently concluded India–EU Free Trade Agreement (FTA). The...

January 30, 2026

Dollar Slides to Four-Year Low After Trump Signals Comfort With Weakness

The U.S. dollar fell to its lowest level in four years on Tuesday after comments by President Donald Trump were interpreted by markets as tacit approval of a...

January 28, 2026

RBI Approves Kaizad Bharucha Appointment at HDFC Bank

The Reserve Bank of India has approved the continuation of senior leadership at HDFC Bank, reinforcing stability at India’s largest private sector lender. The approval covers the re-appointment...

January 21, 2026

India Near Upper Middle Income Status as Economy Surges

India is on course to become an upper middle income country by the end of this decade, with per capita income rising steadily and overall economic size expanding...

January 19, 2026

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