Category: Economics Current Affairs

UGC Equity Guidelines: The University Grants Commission (UGC) released draft regulations for the establishment of Equal Opportunity Centres (EOCs) in higher education institutions (HEIs) to combat discrimination and promote inclusion. Mandatory for all HEIs to set up EOCs to handle discrimination complaints and promote diversity. EOC will provide academic, financial, and social support to marginalized […]

SBI Life Appoints Dorababu Daparti as Deputy CEO: SBI Life Insurance Company has named Dorababu Daparti as its Deputy Chief Executive Officer (CEO), with the appointment taking effect on February 24, 2025. This decision, endorsed by the Nomination and Remuneration Committee, reinforces SBI Life’s leadership team with a seasoned professional.

Yes Bank Leads S&P Global Sustainability Rankings 2025: Yes Bank has emerged as India’s highest-rated bank in sustainability for the third consecutive year, as per the S&P Global Corporate Sustainability Assessment (CSA) 2024 and the Carbon Disclosure Project (CDP). With a CSA score of 72/100, Yes Bank is the only Indian bank featured in the […]

SIDBI Signs MoU with Tata Capital Limited to Strengthen MSME Financing: The Small Industries Development Bank of India (SIDBI) has signed a Memorandum of Understanding (MoU) with Tata Capital Limited (TCL) to enhance financing opportunities for Micro, Small, and Medium Enterprises (MSMEs). The agreement aims to support MSME growth by providing funding avenues, including machinery/equipment […]

Tuhin Kanta Pandey Appointed as 11th SEBI Chairperson: Tuhin Kanta Pandey, India’s Finance Secretary, has been appointed as the 11th Chairperson of the Securities and Exchange Board of India (SEBI) for a three-year term. He succeeds Madhabi Puri Buch, the first woman chairperson of SEBI, whose tenure concludes on February 28, 2025. Pandey’s appointment was […]

RBI Reverses Higher Risk Weights on Bank Loans to NBFCs and Microloans: The Reserve Bank of India (RBI) has decided to reverse its 2023 decision to increase risk weights on bank loans to non-banking financial companies (NBFCs) due to the slowdown in bank credit growth. This move, effective from April 1, 2025, is expected to […]

SBI Cuts India’s FY25 GDP Growth Forecast to 6.3%: India’s economic growth is expected to slow down in the fiscal year 2024-25, with the State Bank of India (SBI) revising its GDP growth estimate to 6.3%. This is lower than the Reserve Bank of India’s (RBI) projection of 6.6% and a significant drop from last […]

MP Secures ₹30.77 Lakh Cr in Investment Pledges: Madhya Pradesh has received investment commitments worth ₹30.77 lakh crore at the 8th edition of the Invest Madhya Pradesh Summit, held in Bhopal. This two-day event served as a platform to attract global investors, highlight the state’s strategic advantages, industrial potential, and business-friendly policies, and drive economic […]