Current Affairs

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Page-5 of Economy & Banking Current Affairs

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

IMF Lifts 2026 Global Growth Outlook to 3.3%

The “International Monetary Fund” has raised its global growth forecast for 2026 to 3.3%, signalling sustained resilience in the world economy despite persistent trade tensions, geopolitical conflicts, and...

January 19, 2026

IMF Raises India Growth Forecast to 7.3% for 2025

The “International Monetary Fund” (IMF) has upgraded India’s economic growth forecast for 2025 to 7.3%, underscoring the country’s resilience amid global trade disruptions and tariff-related uncertainties. The revision...

January 19, 2026

Karnataka Bank Wins IBA Award for Fintech Adoption

Karnataka Bank has emerged as a key winner at the Indian Banks’ Association Banking Technology Awards, underlining its growing focus on digital transformation and technology-led banking. The bank...

January 16, 2026

World Bank Raises India GDP Growth Forecast

The World Bank has revised India’s economic growth outlook upward, projecting GDP growth at 7.2 per cent for the current fiscal year 2025–26. The revised estimate reflects strong...

January 15, 2026

RBI Notifies New FEMA Regulations on Foreign Guarantees

The Reserve Bank of India has issued the Foreign Exchange Management (Guarantees) Regulations, 2026, establishing a comprehensive regulatory framework for guarantees involving persons resident outside India. The move...

January 13, 2026

India Tightens Crypto Rules, Targets Anonymity-Enhancing Tokens

India has strengthened its regulatory framework for virtual digital assets (VDAs) by updating anti-money laundering and counter-terror financing norms. The move, led by the Finance Ministry’s Financial Intelligence...

January 10, 2026

India’s Forex Reserves Fall $9.81 Billion to $686.8 Billion

India’s foreign exchange reserves declined sharply by USD 9.809 billion to USD 686.801 billion in the week ended January 2, according to data released by the Reserve Bank...

January 10, 2026

India Seen Growing 7.2% in FY26 Despite US Tariff Pressures

India is projected to record robust economic growth of 7.2 per cent in the financial year 2025–26, with strong domestic consumption and public investment expected to largely offset...

January 10, 2026

Skydo Gets RBI Approval for Cross-Border Payment Operations

India’s fintech ecosystem recorded a regulatory milestone as Skydo received final authorisation from the Reserve Bank of India to operate as a Payment Aggregator–Cross Border (PA-CB). The approval...

January 9, 2026

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