Category: Economics Current Affairs

Regulating Cryptocurrency in India: A global investigation, titled The Coin Laundry, conducted by the International Consortium of Investigative Journalists (ICIJ), has uncovered how cryptocurrency exchanges have become a new hotspot for global money laundering. Cryptocurrencies are borderless, pseudonymous, and fast, offering limited traceability in the absence of strict KYC norms. Crypto “mixers” and “wallet hops” […]

Floating Rate Bonds (FRBs): RBI’s Floating Rate Bonds (FRBs) are witnessing a sharp rise in demand as investors shift from equities, gold, and traditional deposits toward safer, higher-yielding government-backed debt instruments. The demand is due to their higher returns, which are linked to the National Savings Certificate (NSC) rate + 35 basis points. RBI’s Floating […]

Wholesale Price Index Slips Into Deflation: India’s Wholesale Price Index (Base Year: 2011–12) fell to a 27-month low in October 2025, slipping into deflation at –1.21%, compared to –0.13% in September. The drop was driven by lower prices of food items and crude petroleum, softer fuel and manufactured goods prices, and the impact of 2025 […]

RBI’s 10 % Tier‑I Cap on Acquisition Financing: Banks Seek More Flexibility: The Reserve Bank of India (RBI) has stirred the financial sector with a draft proposal allowing banks to finance corporate acquisitions—domestically and internationally. While this marks a significant policy shift aimed at enabling Indian companies to scale strategically, the framework has triggered debates. With […]

RBI Approves Appointment of S Krishnan as Chairman of J&K Bank: S Krishnan, a seasoned banking professional, has been appointed as the part-time chairman of Jammu and Kashmir Bank (J&K Bank). The Reserve Bank of India (RBI) has approved his appointment, which officially came into effect on November 13, 2025, and will continue till March […]

Top Indian Lender Backs Next Phase of Banking Sector Mergers: India’s banking sector is gearing up for another transformative phase as the State Bank of India (SBI) advocates for fresh consolidation among public sector banks (PSBs). With India aiming to become a $30 trillion economy by 2047, large and resilient banking institutions are seen as […]

Bank Credit Growth Slows to 11.3% While Deposits Rise to 9.7% in October: India’s banking sector witnessed a noticeable shift in financial flows during October 2025. According to the latest data from the Reserve Bank of India (RBI), credit growth slowed to 11.3% year-on-year, while deposit growth picked up pace to reach 9.7% for the […]

Digital Gold Risks: SEBI The Securities and Exchange Board of India (SEBI) has issued a strong advisory cautioning investors against investing in unregulated digital gold/e-gold products, highlighting their high risks and lack of investor protection. Digital gold is not classified or regulated as a security or commodity derivative and lacks the investor protection mechanisms available […]

Britannia Industries has appointed Rakshit Hargave as its new CEO and Executive Director: Britannia Industries, one of India’s leading FMCG and food companies, has named Rakshit Hargave as its Chief Executive Officer (CEO) and Executive Director for a five-year term. The appointment will take effect from December 15, 2025, following approval from company members, according […]

India’s Forex Reserves Drop by $5.6 Billion in October: India’s foreign exchange reserves saw a sharp fall of $5.6 billion, settling at $689.73 billion as of October 31, 2025, according to the latest data released by the Reserve Bank of India (RBI). This marks the second consecutive weekly decline, raising questions over global market pressures, […]