Current Affairs

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Page-43 of Economy & Banking Current Affairs

Is India Importing GM Foods Unchecked?

Right to Information requests found India’s FSSAI lacks data on whether imported produce contains unauthorized GM varieties. It also has no recent test summaries, despite import growth. Only...

November 13, 2023

Demand for Baler Machines

With the Supreme Court addressing the issue of farm fires, Punjab has seen a growing demand for a machine that can help manage stubble off-site, known as ex...

November 11, 2023

Pusa-2090 Offers Hope to Punjab Farmers

In recent times, the issue of stubble burning in Punjab, India, has drawn significant attention due to its severe environmental impact. While farmers resort to burning crop residue...

November 9, 2023

Reserve Bank of India Launches Surveys for Monetary Policy Insights

On November 1, the Reserve Bank of India (RBI) announced the introduction of two significant surveys, the ‘Inflation Expectations Survey of Households’ and the ‘Consumer Confidence Survey,’ aimed...

November 2, 2023

RBI Eases Closure Rules for District Central Co-operative Banks

The Reserve Bank of India (RBI) has announced a significant change in its regulations, allowing District Central Co-operative Banks (DCCBs) to close un-remunerative branches without seeking prior permission...

October 31, 2023

RBI Mandates Minimum Two Whole-Time Directors for Indian Banks

The Reserve Bank of India (RBI) has introduced a crucial requirement for Indian banks, stating that they must now have a minimum of two whole-time directors (WTDs) on...

October 26, 2023

India’s Macroeconomic Resilience Amid Global Uncertainty

Amidst global uncertainty, India is gaining momentum in its economic performance, thanks to easing inflation and a stable rupee. The Reserve Bank of India (RBI) highlighted these positive...

October 20, 2023

G20 Expert Panel’s Recommendations on Reforming MDBs

A G20 expert panel dedicated to strengthening Multilateral Development Banks (MDBs) has urged these institutions to pivot from financing individual projects to prioritizing sectoral programs aligned with long-term...

October 20, 2023

UNCTAD Increases India’s 2023 Growth Forecast to 6.6%

The United Nations Conference on Trade and Development (UNCTAD) has raised India’s economic growth forecast for 2023 to 6.6%, up from the 6% predicted earlier. However, it anticipates...

October 5, 2023

RBI Forms Working Group for Credit Loss-Based Provisioning Transition

The Reserve Bank of India (RBI) has established a nine-member working group to propose a framework for a smoother transition to the expected credit loss-based provisioning system (ECL)....

October 5, 2023

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