Current Affairs

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Page-8 of Economy & Banking Current Affairs

RBI Surplus Transfer

The Reserve Bank of India (RBI) plays important role in the Indian economy. Its surplus transfer to the government is for fiscal planning. The RBI is expected to...

May 17, 2025

UN Report on India’s Economic Growth

India’s economy has emerged as a beacon of growth in a turbulent global landscape. The United Nations’ World Economic Situation and Prospects update for 2025 indicates that India...

May 17, 2025

Global EV Outlook 2025

In 2024, China emerged as the leading exporter of electric vehicles (EVs), commanding a 40% share of global exports. The Global EV Outlook 2025 report marks how affordable...

May 16, 2025

Periodic Labour Force Survey – April 2025

India recorded an unemployment rate of 5.1%. This figure was revealed through the newly revamped Periodic Labour Force Survey (PLFS). For the first time, the data was released...

May 16, 2025

Monthly Employment Data

The National Statistics Office (NSO) will begin releasing monthly employment numbers through the Periodic Labour Force Survey (PLFS). This initiative aims to provide timely and relevant data regarding...

May 15, 2025

India’s Financial Support to the Maldives

India extended financial assistance to the Maldives by rolling over a $50 million Treasury Bill. A Treasury Bill (T-bill) “rollover” means using the amount received from a maturing...

May 13, 2025

Trump’s Executive Order on Prescription Drug Pricing

President Donald Trump announced initiative aimed at reducing prescription drug prices in the United States. This move revives his earlier efforts from his first term, focusing on a...

May 13, 2025

US-China Trade War Truce

The recent truce between the United States and China marks shift in their ongoing trade war. Announced on May 12, 2025, this agreement aims to roll back several...

May 13, 2025

IMF Loan Approval to Pakistan

The International Monetary Fund (IMF) recently approved a $1 billion loan to Pakistan as part of its Extended Fund Facility (EFF). This decision follows Pakistan’s request for financial...

May 12, 2025

Bhutan Launches World’s First Crypto Tourism Payment System

Bhutan launched the world’s first national-level cryptocurrency tourism payment system in partnership with Binance Pay and DK Bank. This innovative initiative allows travellers to use digital currencies for...

May 10, 2025

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