Category: Economics Current Affairs

Cambridge Dictionary names “parasocial” Word of the Year 2025: The Cambridge Dictionary has chosen “parasocial” as its Word of the Year for 2025, recognizing the growing public interest in one-sided emotional relationships that people form with celebrities, influencers, and artificial intelligence systems. This selection reflects a broader cultural shift in how people interact emotionally with […]

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 […]