Current Affairs

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Page-19 of Economy & Banking Current Affairs

India’s Data Centre set for $100 Billion Investment by 2027

India’s data centre industry is transforming, with investments projected to surpass $100 billion by 2027. The sector has attracted approximately $60 billion in investment from 2019 to 2024,...

December 16, 2024

3rd India-UK Financial Markets Dialogue

Senior officials from India’s Ministry of Finance and the UK’s HM Treasury convened to discuss financial cooperation. This dialogue involved key regulatory bodies, including the Reserve Bank of...

December 14, 2024

Union Budget 2025: India’s Fiscal Deficit Challenges Ahead

India is currently grappling with hurdles in its efforts to reduce the fiscal deficit to 4.5% of GDP by the fiscal year 2025-26. which peaked at 9.5% of...

December 14, 2024

Banking System Liquidity Tightens Ahead of Tax Payments

Liquidity in the banking system is tightening as mid-month payments for GST and advance taxes approach, which has led to increased demand for funds at the Reserve Bank...

December 13, 2024

India’s Economic Growth Forecast for 2024

The Reserve Bank of India (RBI) has recently revised its growth forecast for 2024-25 and estimate stands at 6.6%. In contrast, S&P Global maintains a slightly higher projection...

December 12, 2024

Consumer Confidence Survey(CCS)

The Reserve Bank of India (RBI) conducted a survey, Consumer Confidence Survey, from November 2-11, 2024, indicating concerns about the economy, employment, income, and spending. Expectations for rising...

December 12, 2024

RBI Releases Handbook of Statistics on Indian States 2023-24

The Reserve Bank of India has published the latest edition of the Handbook of Statistics on Indian States for 2023-24, which presents crucial data on the regional economies...

December 11, 2024

India Surpasses $1 Trillion in FDI

India has achieved the milestone in foreign direct investment (FDI), with inflows surpassing $1 trillion between April 2000 and September 2024. This achievement puts stress on India’s status...

December 10, 2024

RBI Launches Podcast Series for Public Communication

The Reserve Bank of India (RBI) Governor Shaktikanta Das announced a new podcast series to enhance public communication. This initiative aims to improve financial literacy and will provide...

December 9, 2024

World Bank Pledges $100 Billion to Support Poorest Nations

Donor countries pledged $100 billion to the World Bank’s International Development Association (IDA), which targets 78 low-income nations. It aims to provide grants and low-interest loans and the...

December 9, 2024

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