Category: Economics Current Affairs

98% of the ₹2,000 notes have been returned : RBI The Reserve Bank of India (RBI) announced that 98% of the ₹2,000 notes have been returned since their withdrawal in May 2023. This has led to the total value of the denomination in circulation dropping significantly from ₹3.56 lakh crore to ₹7,117 crore as of […]

Reconstitution Of Monetary Policy Committee: The central government has reconstituted the Monetary Policy Committee (MPC) ahead of the Reserve Bank of India (RBI) monetary policy review scheduled for October 7-9. This decision comes as part of the RBI’s mandate to maintain consumer price index (CPI) inflation within a target range of 2-6% and aims to […]

Projects worth Rs 83,700 Crore Has Been Unveiled By PM in Jharkhand: Honorable Prime Minister of India Shri. Narendra Modi unveiled the developmental projects worth Rs. 83,700 crore in Jharkhand. Including the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan for tribal development. He launched this project on the day of Gandhi Jayanti. And also laid the […]

New Norms for Handling Delayed Tax Refund Claims: The Ministry of Finance has released comprehensive guidelines to streamline the handling of delayed tax refund claims and loss carry forward applications. These guidelines aim to reduce bureaucratic delays, especially in cases where taxpayers missed filing their income tax returns (ITR) but had refunds due.

Women Entrepreneurship Platform in Telangana Launched By NITI Aayog: In a groundbreaking initiative to further strengthen the ecosystem for women entrepreneurs in Telangana, NITI Aayog, in collaboration with Telangana government, launched the first State chapter of Women Entrepreneurship Platform (WEP), with WE Hub serving as the nodal organization.