Current Affairs

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Page-91 of Economy & Banking Current Affairs

Norway’s central bank digital currency

Norway’s central bank – Norges Bank – recently hit a major milestone in its digital currency development efforts by releasing the open source code for the country’s CBDC...

September 15, 2022

Hughes-ISRO satellite internet service

Hughes Communications India (HCI) and ISRO has jointly launched India’s first high-throughput satellite (HTS) broadband service. Key facts HCI – a joint venture company of US-based Hughes Network...

September 15, 2022

UP builds highest number of Amrit Sarovars

Uttar Pradesh has constructed largest number of lakes under the Indian Government’s ambitious Mission Amrit Sarovar. Key facts Uttar Pradesh has constructed 8,462 Amrit Sarovars (lakes) under the...

September 14, 2022

MeitY Startup Hub and Meta launch XR startup program

The XR Startup Program was jointly launched by MeitY Startup Hub and Meta to create the next generation startups focusing on Extended Reality Technologies. Key facts The XR...

September 14, 2022

Damodaran Committee to boost PE/VC investments

The Union Finance Ministry recently set up an expert committee headed by former SEBI chief M. Damodaran to assess and recommend ways to solve regulatory issues to boost...

September 14, 2022

Naga Mircha Festival

The inaugural edition of the Naga Mircha festival was organized in Seiyhama village of Kohima district in Nagaland. Key facts The first-ever Naga Mircha (King Chilli) Festival 2022...

September 13, 2022

HDFC – first to issue electronic bank guarantee

The HDFC Bank, the largest private sector bank in India, became the first bank in the country to issue an Electronic Bank Guarantee (e-BG). Key facts The HDFC...

September 13, 2022

FAO/WFP Crop and Food Security Assessment Mission (CFSAM) report

Food and Agriculture Organization (FAO) and the World Food Programme (WFP) have jointly published a report titled “Crop and Food Security Assessment Mission (CFSAM) report”. Highlights Food insecurity:...

September 13, 2022

India’s Retail Inflation in August 2022

India’s retail inflation has reached 7 per cent in August 2022 – well above the RBI’s comfort level of 6 per cent. Key facts India’s Consumer Price Index...

September 13, 2022

Kirit Parikh Committee to moderate gas prices

The Central Government has recently constituted a committee under the chairmanship of Kirit Parikh to control and reduce the continuous increase in LPG gas prices. Key Points A...

September 9, 2022

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