Current Affairs

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Page-6 of Economy & Banking Current Affairs

Challenges in Implementing PLI Scheme

India’s government has recently decided to discontinue $23 billion initiative aimed at boosting domestic manufacturing. Launched four years ago, the Production-Linked Initiative (PLI) sought to attract firms away...

March 24, 2025

US Trade Deficit

Recently, the United States continues to grapple with trade deficit. In 2024, the trade deficit exceeded $1 trillion for the fourth consecutive year. The persistent imbalance indicates a...

March 22, 2025

Statistical Business Register

The Government of India plans to launch a statistical business register by the end of 2025. This initiative aims to monitor the opening and closing of businesses across...

March 22, 2025

Skilled Indian Migrants Shift to Advanced Economies

Recent trends indicate shift in the demographics of Indian migrants. According to the Reserve Bank of India’s latest survey, skilled professionals are increasingly moving to advanced economies. This...

March 20, 2025

Euro and Dollar Exchange Rate

On November 5, 2024, the euro was valued at 1.0933 US dollars. This exchange rate is crucial as it influences global trade and investment. Following the election of...

March 19, 2025

India’s Trade Deficit Hits Three-and-a-Half-Year Low

Recently, India’s merchandise trade deficit fell to $14.05 billion. This marked the lowest level in over three years. The decline was primarily driven by contraction in both exports...

March 18, 2025

India-New Zealand FTA Negotiations Resumed

India and New Zealand have resumed negotiations for a Free Trade Agreement (FTA) after a decade-long hiatus. This decision marks step towards enhancing bilateral economic ties. The announcement...

March 17, 2025

RBI Announces ‘on Tap’ Cohort within Regulatory Sandbox

RBI Governor Sanjay Malhotra recently outlined plans for a dedicated ‘on Tap’ cohort within the RBI’s Regulatory Sandbox. This initiative aims to encourage innovation in the financial sector...

March 15, 2025

RBI Framework for Self-Regulatory Organisations in India

Recently, the Reserve Bank of India (RBI) introduced a framework for recognising self-regulatory organisations (SROs) within the account aggregator (AA) ecosystem. This initiative aims to enhance the accountability...

March 15, 2025

Zero-For-Zero Tariffs

Recently, India is exploring trade strategies with the United States amidst rising tariff threats. Industry stakeholders advocate for a zero-for-zero tariff approach. This method proposes eliminating tariffs on...

March 12, 2025

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