Current Affairs

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Page-3 of Economy & Banking Current Affairs

India Slips to Sixth in IMF GDP Rankings 2025

India has slipped to the sixth position in the global GDP rankings for 2025, according to the latest estimates by the International Monetary Fund (IMF). Despite maintaining its...

April 16, 2026

India Targets Cocoa Self-Sufficiency by 2040

India has set an ambitious goal to achieve self-sufficiency in cocoa production by 2040 under a comprehensive roadmap aimed at strengthening domestic output and reducing import dependence. With...

April 15, 2026

IMF Projects 6.5% Growth for India in 2026

India is set to remain the world’s fastest-growing major economy in 2026, with the International Monetary Fund projecting a steady GDP growth rate of 6.5 per cent. This...

April 15, 2026

India Forex Reserves Rise Sharply Led by Gold Surge

India’s foreign exchange reserves recorded a strong recovery in early April 2026, reversing the sharp decline witnessed in the previous week. The latest data released by the Reserve...

April 11, 2026

ICAR Forms Task Force to Strengthen Agricultural Resilience

The Indian Council of Agricultural Research (ICAR) has set up a high-level Special Task Force (STF) to develop mitigation strategies for the agricultural sector. The move comes amid...

April 9, 2026

India to Lead South Asia Growth Momentum

India is set to remain the primary driver of economic growth in South Asia, according to the World Bank’s latest regional update released in April 2026. While global...

April 9, 2026

India Manufacturing PMI Falls to 45-Month Low

India’s manufacturing activity witnessed a slowdown in March, as reflected in the HSBC India Manufacturing Purchasing Managers’ Index (PMI), which declined to 53.9 from 56.9 in February. Although...

April 5, 2026

RBI Restricts Non-Deliverable Derivative Contracts in Rupee

The Reserve Bank of India (RBI) has recently directed banks to refrain from engaging in non-deliverable derivative (NDD) contracts in the Indian rupee. The move aims to strengthen...

April 3, 2026

IRDAI Introduces Ind AS for Insurance Sector

The Insurance Regulatory and Development Authority of India (IRDAI) has recently introduced Indian Accounting Standards (Ind AS) for the insurance sector, marking a significant reform in financial reporting...

April 1, 2026

Government Plans EPFO, ESIC Inclusion for Informal Workers

The Union government is considering a major policy shift to extend social security coverage to unorganised sector workers by bringing them under the Employees’ Provident Fund Organisation (EPFO)...

March 30, 2026

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