Current Affairs

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Page-11 of Economy & Banking Current Affairs

OPEC+ Maintains Oil Output Policy Amid Global Tensions

OPEC+ has reaffirmed its strategy to gradually increase oil production starting from April 2025. This decision comes amid ongoing geopolitical tensions and fluctuating oil prices. The group has...

February 4, 2025

Indian Rupee Hits All-Time Low

The Indian rupee recently fell to an unprecedented low of 87.29 against the US dollar. This decline occurred on February 3, 2025, amidst rising fears of a global...

February 4, 2025

US Imposes Tariffs

Recently, the US President Trump imposed a 25% tariff on Canada and Mexico and a 10% tariff on China, which affects the US’s top three trade partners. This...

February 3, 2025

Union Budget 2025

The Union Budget for 2025-26 was presented by Finance Minister Nirmala Sitharaman on February 1, 2025. This budget aims to drive economic growth through four primary engines –...

February 3, 2025

Withdrawal of Track and Trace System for Pharmaceuticals

The Commerce Ministry has recently withdrawn the track and trace system for pharmaceutical exports. This decision aligns with the regulatory framework established by the Ministry of Health and...

February 1, 2025

RBI Conducts $5 Billion Dollar-Rupee Swap Auction

The Reserve Bank of India (RBI) recently executed a dollar-rupee buy/sell swap transaction worth $5 billion. This operation is designed to inject liquidity into the Indian financial system....

February 1, 2025

The Rise of Card Tokenisation in India

Card tokenisation has rapidly transformed the digital payment landscape in India. As of December 2024, over 91 crore tokens have been issued, facilitating more than 320 crore transactions...

January 31, 2025

SEBI Implements New Guidelines for Market Infrastructure Institutions

The Securities and Exchange Board of India (SEBI) recently introduced guidelines aimed at enhancing the evaluation of statutory committees within Market Infrastructure Institutions (MIIs). This decision comes in...

January 31, 2025

India-Middle East-Europe Economic Corridor Developments

The India-Middle East-Europe Economic Corridor (IMEEC) is gaining momentum with recent initiatives by RITES. This project aims to enhance trade and connectivity between India and the Middle East,...

January 31, 2025

Household Consumption Expenditure Survey (HCES) 2023-24

The Household Consumption Expenditure Survey (HCES) for 2023-24 reveals critical vital information about India’s economic landscape. The survey indicates shifts in spending patterns across rural and urban areas....

January 31, 2025

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