Current Affairs

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Page-44 of Economy & Banking Current Affairs

Government Regulation of Short Selling

The Supreme Court has recorded the central government and market regulator SEBI promising appropriate oversight on short selling of securities following controversial allegations against Indian conglomerate Adani Group....

January 4, 2024

Field Studies Find Nano Urea Failing to Match Conventional Fertilizers in Crop Yields

A two-year Punjab Agricultural University trial discovered paddy and wheat harvests declined substantially from nano urea usage versus normal nitrogen fertilizers, contradicting tall corporate claims. Understanding Nano Urea...

January 4, 2024

Tur Dal Procurement Portal

Furthering Prime Minister Narendra Modi’s vision of an Atmanirbhar Bharat, Union Home Minister Amit Shah unveiled a multilingual portal enabling direct procurement of tur dal from registered farmers...

January 4, 2024

Hindenburg Research – Adani Group Row

In January 2023, US-based short seller Hindenburg Research published a report alleging several improper dealings by Indian conglomerate Adani Group headed by Gautam Adani. The report accused the...

January 3, 2024

RBI Proposes Higher 50% Dividend Payout Ratio for Healthy Banks

The Reserve Bank of India has released draft norms allowing banks with strong financial metrics to increase dividend payouts to shareholders up to 50% of profits, from the...

January 3, 2024

Government Adds 34 Lakh Farmers Back to PM-KISAN Scheme

The Indian government has re-enrolled 34 lakh farmers under its PM-KISAN program after numbers dropped over 20% from peak levels in 2022. This comes amidst a nationwide yatra...

December 29, 2023

E-Commerce Exports Handbook for MSMEs

The Commerce Minister Piyush Goyal released a comprehensive “E-Commerce Exports Handbook for MSMEs” to boost overseas shipments by small businesses using online platforms. A One-Stop Guide The handbook...

December 29, 2023

India Warns Offshore Crypto Exchanges Flouting Regulations

India’s anti-money laundering agency, the Financial Intelligence Unit (FIU-IND), has issued legal notices to 9 offshore cryptocurrency platforms violating domestic regulations. Bringing Crypto into the AML Ambit In...

December 29, 2023

New Guidelines Address Concerns Over India’s E-Commerce Tax Rule

The CBDT has released detailed guidelines clarifying issues regarding Section 194-O of the Income Tax Act mandating a 1% Tax Deduction at Source (TDS) by e-commerce companies. What...

December 29, 2023

“Trend and Progress of Banking in India” Report

India’s banking sector demonstrated continued positive momentum in recent quarters, with falling bad loans, profitable growth and adequate capital buffers. Declining Bad Loan Ratio The non-performing asset (NPA)...

December 28, 2023

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