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Croatia’s switch to Euro

Croatia has taken two major steps towards further integration with the European Union (EU) by adopting the euro and joining the Schengen zone. The country officially became the...

January 2, 2023

India’s Unemployment Rate Reaches Highest Level in 16 Months

According to data from the Centre for Monitoring Indian Economy (CMIE), India’s unemployment rate reached 8.30% in December, the highest level in 16 months. This marks an increase...

January 2, 2023

International Year of Millets (IYM) 2023

The Government of India has sponsored the proposal for the International Year of Millets (IYM) 2023, which has been accepted by the United Nations General Assembly (UNGA). This...

January 2, 2023

Birth Anniversary of Satyendra Nath Bose

The Indian physicist Satyendra Nath Bose made significant contributions to the field of quantum mechanics, and his work with Albert Einstein led to the development of the Bose-Einstein...

January 2, 2023

RBI’s Launch of Utkarsh 2.0

The Reserve Bank of India (RBI) has launched Utkarsh 2.0, the second phase of its medium-term strategy for strengthening regulatory and supervisory mechanisms. Utkarsh 2.0 builds upon the...

January 2, 2023

Banking, Finance & Economy Current Affairs Quiz -January 2, 2023

1. How much did IDFC grant HDFC to help green affordable housing finance? [A] 350 million[B] 400 million[C] 100 million[D] 500 million Show Answer Correct Answer: B [400...

January 2, 2023

Railways’ Energy efficiency plan

The Indian Railway Ministry has outlined a five-pronged plan to become carbon-neutral by 2030, as part of the country’s commitment to the United Nations Framework Convention on Climate...

January 2, 2023

Draft Statement on Industrial Policy 2022

The Department for Promotion of Industry and Internal Trade (DPIIT) in India is currently working on a new industrial policy that aims to increase financing options for industry...

January 2, 2023

UPI Reaches Record High in December

India’s Unified Payments Interface (UPI) processed a record 7.82 billion transactions in December, worth a total of INR 12.82tn ($174.6bn). This represents an increase of 7.12% in volume...

January 2, 2023

Supreme Court Verdict on Demonetisation Case

The Supreme Court of India has upheld the 2016 decision of the Narendra Modi government to demonetize currency notes of INR 500 and INR 1,000 denominations. The decision,...

January 2, 2023

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