Current Affairs

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Page-31 of Economy & Banking Current Affairs

Bharat Bill Payment System

From July 1, all credit card payments made through third-party apps must go through the Bharat Bill Payment System (BBPS), which is what the Reserve Bank of India...

July 4, 2024

Tata Leads as India’s Most Valuable Brand, Grows 9%

Tata Group is still India’s most valuable brand, with a value of US$ 28.6 billion, which is 9% more than the previous year. With this kind of progress,...

July 2, 2024

What is Project Nexus by RBI?

The Reserve Bank of India (RBI) has joined Project Nexus, a worldwide effort to make it easier for people to send money instantly across borders. To do this,...

July 2, 2024

India Tops Global Remittance with $125 Billion in 2023

In 2023, India achieved the highest record of remittance inflows globally, amassing USD 125 billion. Strategic economic deals and strong job markets in other countries, especially in the...

June 29, 2024

World Bank Grants $1.5 Billion for India’s Green Energy Push

The World Bank has agreed to lend India $1.5 billion to help it move toward a low-carbon energy future. This strategic funding will help create green hydrogen and...

June 29, 2024

RBI Revises SAARC Currency Swap Framework for 2024-2027

A new system for currency swaps between SAARC countries has been set up, covering the years 2024–2027. This is a big update from the Reserve Bank of India...

June 28, 2024

What is e-Rupee, India’s Digital Currency?

The number of deals involving India’s digital currency, the e-Rupee, has dropped sharply, falling to a tenth of what it was in December. At the end of last...

June 27, 2024

World Investment Report 2024 – India’s FDI Falls 43% in 2023

Foreign Direct Investment (FDI) around the world went down by 2% in 2023 compared to 2022. The drop varies from country to country, with big drops seen in India,...

June 25, 2024

67th Global Environment Facility Council

The 67th meeting of the Global Environment Facility concluded on June 20, 2024, resulting in significant financial commitments. A total of $736.4 million was approved to support 34...

June 22, 2024

Indian Post Office Act, 1898

The Indian Post Office Act of 1898 was thrown out on June 18, when the Post Office Act was signed into law. This major change to the law...

June 21, 2024

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