Page-8 of Economy & Banking Current Affairs
Bangladesh and China Sign Mongla Port Expansion Loan
On 10 October 2026, Bangladesh signed a concessional loan agreement worth $335.78 million with China’s Export-Import Bank to expand and modernise Mongla Port. The loan is equivalent to...
SEBI Introduces Credit Risk-o-Meter for Debt Securities
The Securities and Exchange Board of India (SEBI) mandated a colour-coded Credit Risk-o-Meter for specified debt securities through a circular dated 7 October 2026. The meter presents credit...
Hall and Woodford Win 2026 Economics Nobel
American economists Robert E. Hall and Michael Woodford received the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel on 12 October 2026. The Royal...
British Firms Announce £1 Billion in India-UK JETCO Deals
The 16th meeting of the India-UK Joint Economic and Trade Committee (JETCO) was held in New Delhi on 12 October 2026. Union Minister Piyush Goyal and UK Secretary...
GE Aerospace Plans to Nearly Double India Sourcing by 2030
GE Aerospace announced on 12 October 2026 that it plans to raise its annual sourcing spend from India to about 400 million by 2030, from roughly 200 million...
Paradip Port Sets Single-Day Coal Loading Record
The Mechanised Coal Handling Plant (MCHP) of the Paradip Port Authority (PPA) loaded 1,40,022 metric tonnes of coal on 10 October 2026. The coal was loaded onto two...
World Bank Considers $100 Billion Crisis Financing
On 11 October 2026, World Bank President Ajay Banga said the institution was discussing potential emergency financial assistance with 30 to 40 countries. The World Bank could mobilise...
India Targets 604 Million Tonnes of Steel Capacity by 2047
The Ministry of Steel has released a draft National Steel Policy Vision 2047, which proposes raising India’s crude steel capacity to 604 million tonnes per year by 2047....
PM Modi Launches Tamil Nadu Projects Worth Over ₹13,000 Crore
On 11 October 2026, Prime Minister Narendra Modi inaugurated projects and laid foundation stones for development works worth over ₹13,000 crore across Tamil Nadu at an event at...
India Probes Chinese Penicillin G Imports for Dumping
On 28 September 2026, India’s Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, initiated an anti-dumping investigation into imports of Penicillin G (Pen-G)...
RBI Raises Daily CRR Maintenance Requirement to 99%
The Reserve Bank of India (RBI) raised the minimum daily Cash Reserve Ratio (CRR) maintenance requirement for scheduled banks from 90% to 99% of the prescribed CRR. The...
