Current Affairs

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Page-21 of Economy & Banking Current Affairs

Apple, Google, and Meta See Faster Growth in India than Globally

Big tech companies are experiencing rapid growth in India, faster than in other parts of the world. This trend has been evident over the past four fiscal years...

November 27, 2024

What is Aadhaar Enabled Payment System (AEPS)?

The Aadhaar Enabled Payment System (AEPS) is transforming banking access in rural and semi-urban regions. It utilizes Aadhaar numbers and biometric authentication for seamless transactions. This system promotes...

November 26, 2024

India and EFTA – Trade Agreement

Commerce Secretary Sunil Barthwal recently visited Norway, and aimed to discuss the swift implementation of a free trade agreement. This agreement is between India and the European Free...

November 25, 2024

Telangana to Establish Joint Consultative Committee with CII

The Telangana government is actively exploring new industrial policies and a joint consultative committee with the Confederation of Indian Industry (CII) is on the horizon. This committee aims...

November 25, 2024

Tamil Nadu’s SGST Collections Surge in 2024

Tamil Nadu has reported important growth in its State Goods and Services Tax (SGST) collections for the fiscal year 2024-25. The increase stands at 20.12%, the highest among...

November 25, 2024

Confederation of Indian Industry (CII) Launches Strategy Cell

The Confederation of Indian Industry (CII) has initiated a strategy cell in Coimbatore, which aims to support businesses in their growth journey. It was established to assist selected...

November 25, 2024

IMF Approves Sri Lanka’s Third Bailout Review

The International Monetary Fund (IMF) has recently approved the third review of Sri Lanka’s $2.9 billion bailout on November 23, 2024. The country’s economy remains fragile despite the...

November 25, 2024

India Among Top 10 Countries with AI Readiness

India is emerging as a leader in Artificial Intelligence (AI) readiness,  highlighting its strong potential to enhance public services. The Boston Consulting Group’s report assesses AI readiness across...

November 23, 2024

India’s Foreign Exchange Reserves 2024 – Update

India’s foreign exchange reserves are crucial for economic stability. On November 15, they stood at $657.89 billion which includes $65.75 billion in gold. The reserves had previously reached...

November 23, 2024

India and Maldives Enhance Currency Cooperation

The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) have recently signed a very important agreement, which aims to facilitate transactions using local currencies. The...

November 23, 2024

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