Category: Economics Current Affairs

Fall In Indian Rupee: The Indian rupee is falling continuously against the US dollar, hitting a record low due to US President new tariffs on imports from China, Mexico, and Canada.The exchange rate is the value of one currency in terms of another, determining how much domestic currency is needed to buy one unit of […]

Grameen Credit Score: On Budget 2025-26 has introduced the Grameen Credit Score (GCS) framework to address the credit needs of Self Help Groups (SHGs) and rural populations. It is developed by public sector banks to assess the creditworthiness of rural individuals, facilitating easier access to loans.It aims to improve repayment discipline and reduce fraud by […]

Airtel Payments Bank Partners with Karnataka Bulldozers for CCL 2025: Airtel Payments Bank has announced its partnership with the Karnataka Bulldozers for the Celebrity Cricket League (CCL) 2025, set to begin on February 8, 2025. The collaboration makes Airtel Payments Bank a co-sponsor of the team, aiming to promote safe digital banking among cricket fans […]

SEBI Proposes Secure UPI Payment Mechanism for Market Intermediaries: SEBI is planning a secure UPI payment mechanism to ensure investor safety and prevent fraud in capital markets. The proposal includes unique UPI IDs for registered intermediaries, a verification icon for authenticity, and an increased UPI transaction limit of ₹5 lakh per day (up from ₹2 […]

RBI’s Strategic Measures to Boost Liquidity in the Banking System: The Reserve Bank of India (RBI) has introduced a series of liquidity-boosting measures. These include a $5 billion USD/INR buy/sell swap auction, open market operations (OMOs), and a variable rate repo (VRR) auction. The RBI’s efforts aim to alleviate liquidity constraints in the banking system […]

Kotak Mutual Fund Introduces India’s First MSCI India ETF: Kotak Mutual Fund has launched India’s first MSCI India ETF, designed to track the MSCI India Index. This ETF offers investors an easy way to gain exposure to a diversified portfolio of Indian equities. With a minimum investment of ₹5,000, providing a cost-effective, passive investment option.

RBI’s Digital Payments Index: The Reserve Bank of India’s (RBI) digital payments index (DPI) rose to 465.33 as of September 2024, compared to 445.5 in March 2024, reflecting the rapid adoption of digital payments in the country. RBI’s Digital Payments Index: It is a first-of-its kind index to measure the spread of digital payments across […]

RBI’s Liquidity Measures: The Reserve Bank of India (RBI) has announced measures to inject over Rs 1.5 lakh crore to increase money liquidity in the economy.Money Liquidity refers to the availability of cash and easily accessible funds in the economy, influencing spending and investment. Liquidity refers to how quickly and easily an asset can be […]

Card Tokenization in India: Card tokenization has become a significant technological advancement in India, enhancing security and customer convenience in digital payments.Over 91 crore tokens were issued by December 2024 and has enabled nearly 98% of e-commerce transactions to be processed without actual card data, reducing the risk of data breaches. Tokenization substitutes actual card […]

FDI Limit for Insurance Raised from 74% to 100%: One of the most notable announcements is raising the FDI limit in the insurance sector from 74% to 100%, which aims to attract foreign investment, improve market penetration, and integrate global best practices. Other key changes include reforms in pension product development, KYC simplification, easing company […]