Category: Economics Current Affairs

Reserve Bank of India (RBI) will re-issue ₹5,000 crore of Sovereign Green Bonds: The Reserve Bank of India (RBI) will re-issue ₹5,000 crore worth of Sovereign Green Bonds (SGrBs) as part of a ₹30,000 crore government securities (G-Secs) auction scheduled for June 13, 2025. These bonds, aimed at funding environmentally sustainable infrastructure projects, form a […]

SBI General Insurance Appoints Mohd. Arif Khan as Deputy CEO: SBI General Insurance, one of India’s leading general insurance companies, has appointed Mohd. Arif Khan as its Deputy Chief Executive Officer. A seasoned professional with over 25 years of service in the State Bank of India (SBI), Khan brings deep banking and leadership experience that […]

FDI Inflows : 2024–25 The RBI’s Annual Report 2024–25 shows gross FDI inflows rose by 13.7%, yet long-term net inflows have halved due to rising disinvestments. India’s net FDI dropped to just $0.4 billion in 2024–25, down sharply from $44 billion in 2020–21.Despite a 13.7% increase in gross inflows in 2024–25, average annual growth was […]

Algorithmic Trading: The Securities and Exchange Board of India (SEBI) recently announced a settlement scheme for stockbrokers currently under regulatory scrutiny for collaborating with unregulated algorithmic (algo) trading platforms. Algorithmic trading (also called automated trading, black-box trading, or algo-trading) uses a computer program that follows a defined set of instructions (an algorithm) to place a […]

Goa has been declared fully functionally literate: Goa has been declared fully functionally literate under the Ministry of Education’s ULLAS (Understanding of Lifelong Learning for All in Society)-Nav Bharat Saaksharta Karyakram programme, also known as the New India Literacy Programme (NILP).While Goa’s literacy rate was 93.60% as per PLFS 2023–24, a state-level ULLAS survey confirmed […]

World Accreditation Day 2025: The Quality Council of India (QCI) celebrated World Accreditation Day (WAD) 2025 on 9th June to highlight the role of accreditation in trade and economy, with the theme “Accreditation: Empowering Small and Medium Enterprises (SMEs)”. QCI also launched the revamped NABL Portal and Gunvatta Samarpan Initiative to enhance digital accreditation access […]

SBI Pays ₹8,076.84 Crore Dividend to Government for FY25: The State Bank of India (SBI), the country’s largest public sector lender, has paid a dividend of ₹8,076.84 crore for the financial year 2024-25. The dividend cheque was formally handed over to Finance Minister Nirmala Sitharaman by SBI Chairman C.S. Setty on Monday, underscoring the bank’s […]

Thomas Cook Partners with Muthoot Forex to Expand Payment Network: Thomas Cook (India) Limited has joined hands with Muthoot Forex, part of the well-known Muthoot Group, to make its travel and student forex cards available across India. This partnership uses Muthoot’s wide network of over 7,000 branches, including 43 specialized forex branches, to reach customers […]

World Economic Situation and Prospects-2025: India’s GDP growth forecast for 2025 has been revised down to 6.3%, from the previous projection of 6.6%, in the mid-2025 update of the “World Economic Situation and Prospects” (WESP) report. The report is released by the United Nations Department of Economic and Social Affairs , in collaboration with UNCTAD […]

Unnat Bharat Abhiyan: The Ministry of Education’s Unnat Bharat Abhiyan (UBA) completes a decade, redefining the role of higher education in rural development.UBA (2014) aims at bringing transformational change in rural India by leveraging the resources of higher educational institutions (HEIs) to solve local development challenges through sustainable and inclusive practices. UBA is crucial because […]