Current Affairs

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Page-80 of Economy & Banking Current Affairs

The Wheebox India Skills Report 2023

The Wheebox India Skills Report 2023, which was released recently, found an increase in the employability of Indians over the past one year. About Wheebox India Skills Report...

December 16, 2022

China’s WTO Dispute over US Chip Sanctions

China has recently raised a dispute with the World Trade Organisation (WTO) over the US chip sanctions. About the US Chip Sanctions On October, the United States issued...

December 15, 2022

Surety Bonds Insurance Product for Infrastructure Sector

The Union Ministry of Road Transport and Highways is set to launch India’s first-ever surety bonds insurance product for highway contractors on December 19 this year. This comes...

December 9, 2022

World Bank 2022-23 GDP Forecast for India

The World Bank has increased India’s GDP forecast for the current fiscal year from its October estimate of 6.5 per cent to 6.9 per cent. World Bank’s Latest...

December 8, 2022

Single-block-and-multiple debit in UPI

At the end of the recently held Monetary Policy Committee’s Meeting, RBI Governor announced that UPI’s capacity will be enhanced through the introduction of single block and multiple...

December 8, 2022

Meta-Airtel Partnership to Extend 2Africa Pearls Subsea Cable

Bharti Airtel and Meta have decided to jointly invest in global connectivity infrastructure project that would extend the 2Africa Pearls (a subsea cable) to India. What is 2Africa...

December 6, 2022

PAN Number to be Unique Identifier for Business to Access NSWS Clearance

Union Minister of Commerce Piyush Goyal recently announced the Central Government is mulling allowing businesses to use their permanent account number (PAN) as a unique identifier for accessing...

December 6, 2022

RBI Framework on Indian Banks’ Foreign Businesses

On December 1, the Reserve Bank of India has unveiled a framework allowing overseas subsidiaries and branches of Indian banks and financial institutions to undertake activities that are...

December 5, 2022

RBI Unveils 4-tiered Regulatory Framework for Urban Cooperative Banks

A four-tiered regulatory framework for categorization of the Urban Cooperative Banks (UCBs) was recently released by the Reserve Bank of India (RBI). It had also announced norms concerning...

December 5, 2022

RBI Launches Retail CBDC

After successfully launching the wholesale pilot project for central bank digital currency in November, the RBI commenced the retail CBDC pilot project from December 1. About RBI’s Retail...

December 3, 2022

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