Current Affairs

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Page-16 of Economy & Banking Current Affairs

India’s Record Coal Production in 2023-24

India’s coal production reached unprecedented levels in the fiscal year 2023-24, totalling 997.826 million tonnes. This marked an impressive increase of 11.71% from the previous year’s output of...

December 28, 2024

Surge in Bank Fraud Cases in 2024

In the financial year 2024, banks reported increase in fraud cases, with a total of 36,066 incidents, more than doubles the 13,537 cases recorded in 2023. Despite the...

December 28, 2024

North East Bankers Conclave 2024

Union Home Minister Amit Shah addressed the North East Bankers Conclave 2024 in Agartala, Tripura, which aimed to encourage financial institutions to invest in the region’s development. Importance...

December 26, 2024

Annual Survey of Unincorporated Sector Enterprises (ASUSE) by MoSPI

The Ministry of Statistics and Programme Implementation (MoSPI) has published the Annual Survey of Unincorporated Sector Enterprises (ASUSE) results for 2023-24, which captures the economic landscape of India’s...

December 26, 2024

New and Small Businesses to Get GST Registration in 3 Days

The GST Council has recently approved a proposal to streamline the registration process for new and small businesses and aims to enable registration within three working days, reducing...

December 26, 2024

Decline in Domestic Migration in India

India has experienced a notable decrease in domestic migration, with recent data indicating that the number of domestic migrants fell by nearly 12% from 2011 to 2023. The...

December 26, 2024

TRAI Introduces New Telecom Regulations

The Telecom Regulatory Authority of India (TRAI) has introduced amendments to enhance consumer protection in the telecom sector. The Telecom Consumers Protection (Twelfth Amendment) Regulations, 2024, and the...

December 24, 2024

India to Lend USD $500 Million to India for Sustainable Infrastructure

The Government of India has recently partnered with the Asian Development Bank (ADB) to enhance sustainable infrastructure, which involves a substantial loan of $500 million aimed at encouraging...

December 24, 2024

GST Council Implements “Track and Trace Mechanism”

The GST Council has recently made updates to enhance tax compliance and clarity in the tax framework, aim to reduce tax evasion, and simplify tax processes for businesses...

December 23, 2024

Real-Time Payments to Boost India’s GDP by $76.5B

Real-time payments are revolutionizing India’s financial landscape with a recent study predicting that this technology will contribute $76.5 billion to India’s economy by 2028. This figure represents 1.5%...

December 21, 2024

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