Category: Economics Current Affairs

RBI to Issue New Rs 20 Banknotes with Governor Sanjay Malhotra’s Signature: The Reserve Bank of India (RBI) has announced that it will soon release new Rs 20 denomination banknotes bearing the signature of the newly appointed RBI Governor, Sanjay Malhotra. These banknotes will be part of the Mahatma Gandhi (New) Series and will retain […]

NSDL Reports Robust FPI Investment in May Amid Economic Stability: Foreign Portfolio Investors (FPIs) have demonstrated a renewed interest in Indian equity markets, infusing ₹4,452.3 crore between May 13 and 16, 2025, according to data from the National Securities Depository Limited (NSDL). With this, the total net investment by FPIs in May has reached ₹18,620 […]

Stagflation: Intensified In The United States In May 2025, concerns over stagflation have intensified in the United States. Banks are now sitting on $482.4 billion in unrealized losses from securities investments, a 32.5% increase from the previous quarter, according to the Federal Deposit Insurance Corporation (FDIC). Stagflation is an economic phenomenon where an economy experiences […]

What is the Gig Economy: The gig workers’ meeting on “Current Developments, Challenges, and the Way Forward,” organized by the Gig Workers Association, highlighted critical issues within India’s gig economy and recommended the establishment of minimum wages, social security, and legal protections for gig and platform workers. It also called for the establishment of tripartite […]

Centralised Information Management System : RBI Regulated entities (REs) will now be required to report details of their digital lending apps (DLAs) through the Centralised Information Management System (CIMS) portal of the Reserve Bank of India (RBI). It was introduced by the Reserve Bank of India (RBI) to handle the massive data flow, aggregation, analysis, […]

Ant Group to Sell 4% Stake in Paytm Worth ₹2,066 Crore via Bulk Deal: Chinese financial services major Ant Group, through its affiliate Antfin (Netherlands) Holding BV, has announced plans to sell a 4% stake in fintech company One97 Communications Ltd—the parent firm of Paytm—for approximately ₹2,066 crore via bulk deals on Indian stock exchanges. […]

US-China Agree to Slash Tariffs Amid Trade War De-escalation: The United States and China have agreed to slash reciprocal tariffs by 115% as part of a 90-day truce in their prolonged trade war. The deal, finalized after high-level talks in Geneva between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, marks a […]

Tax exemption for residences of active defence personnel : AP Gesture to honour India’s armed forces, Andhra Pradesh Deputy Chief Minister Pawan Kalyan announced a full property tax exemption for homes owned by active defence personnel located within gram panchayat areas across the state. The move comes as an expansion of an earlier benefit limited […]

RBI Slaps Penalties on SBI and Jana Small Finance Bank for Regulatory Lapses: The Reserve Bank of India (RBI) has imposed monetary penalties on two banks — State Bank of India (SBI) and Jana Small Finance Bank — for deficiencies in compliance with banking norms. The action underlines the central bank’s strict approach toward ensuring […]