Current Affairs

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Page-4 of Economy & Banking Current Affairs

India Imposes Import Restrictions on Bangladeshi Goods

India has recently imposed restrictions on the import of ready-made garments and other goods from Bangladesh. This decision limits the entry points to just two sea ports –...

May 23, 2025

India’s Tariffs on Steel and Aluminium Imports

India has recently announced its intention to impose tariffs on $7.6 billion worth of imports from the United States. This decision comes as a direct response to the...

May 23, 2025

Payments Regulatory Board

The Government of India introduced changes to its payments ecosystem by establishing the Payments Regulatory Board (PRB). This new regulatory body aims to enhance oversight of the payment...

May 23, 2025

Financial Fraud Risk Indicator

The Department of Telecommunications (DoT) has introduced the Financial Fraud Risk Indicator (FRI) to combat cyber fraud and financial crime. This initiative is part of the Digital Intelligence...

May 22, 2025

India’s Transition to Power Sufficiency by 2025

India has made strides to become a power-sufficient nation by 2025. The Union Minister of Power, Shripad Naik, announced that the country has added 238 gigawatts (GW) in...

May 21, 2025

Inflation Trends in India

In recent years, India’s economic landscape has been shaped by fluctuating inflation rates and monetary policy adjustments. Between February 2023 and January 2025, the Reserve Bank of India...

May 20, 2025

US’ Proposed Remittance Transfer Tax for Non-Residents

The proposed remittance transfer tax is change for non-resident Indians (NRIs) in the United States. The House Ways and Means Committee has advanced the “One Big Beautiful” Tax...

May 19, 2025

RBI Surplus Transfer

The Reserve Bank of India (RBI) plays important role in the Indian economy. Its surplus transfer to the government is for fiscal planning. The RBI is expected to...

May 17, 2025

UN Report on India’s Economic Growth

India’s economy has emerged as a beacon of growth in a turbulent global landscape. The United Nations’ World Economic Situation and Prospects update for 2025 indicates that India...

May 17, 2025

Global EV Outlook 2025

In 2024, China emerged as the leading exporter of electric vehicles (EVs), commanding a 40% share of global exports. The Global EV Outlook 2025 report marks how affordable...

May 16, 2025

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