Category: Economics Current Affairs

Certificate of Deposit: Issuance of certificates of deposit (CDs) by banks has fallen sharply in the last few months, pushing mutual funds to explore alternative money market instruments such as treasury bills and commercial papers to park funds. Certificate of Deposit (CD) is a fixed-income financial tool that is governed by the Reserve Bank of […]

APEDA Opens First Regional Office in Bihar: Piyush Goyal inaugurates APEDA’s first Bihar office in Patna, boosting the state’s agri-export potential with global market access for farmers and entrepreneurs.. Bihar’s presence on the global agricultural export map, Union Commerce and Industry Minister Piyush Goyal inaugurated the first regional office of the Agricultural and Processed Food […]

PM Modi To Launch ₹71,000 Cr Projects in 5 States: PM Modi to inaugurate and lay foundation of projects worth ₹71,000 crore across Mizoram, Manipur, Assam, West Bengal, and Bihar during September 13–15.He will inaugurate and lay foundation stones for development projects worth over ₹71,000 crore, spanning railways, roadways, energy, healthcare, education, and infrastructure. The […]

Retail Inflation Inches Up to 2.07% in August: India’s retail inflation, measured by the Consumer Price Index (CPI), rose to 2.07% in August 2025, up by 46 basis points from the revised 1.61% in July. Despite the increase, the inflation rate remains well below the Reserve Bank of India’s (RBI) 4% target, providing relief for […]

Perpetual Bonds: Indian Renewable Energy Development Agency Ltd (IREDA) recently said it has raised ₹453 crore at 7.70% per annum through its second issue of Perpetual Bonds, a step that strengthens its capital base for financing green energy projects. It is a fixed-income security that has no maturity date and theoretically pays interest forever. The […]

FSIB Selects Ravi Ranjan for SBI Managing Director Position: The Financial Services Institutions Bureau (FSIB), the headhunter for top leadership roles in state-owned banks and financial institutions, has recommended Ravi Ranjan for the prestigious position of Managing Director (MD) of the State Bank of India (SBI). This recommendation marks a significant step in the leadership […]

Insurance Surety Bonds for NHAI Cross ₹10,000 Cr Milestone: India’s infrastructure financing landscape witnessed a significant shift as Insurance Surety Bonds (ISBs) issued for National Highways Authority of India (NHAI) contracts surpassed the ₹10,000 crore mark. As of July 2025, 12 insurance companies have issued approximately 1,600 ISBs as Bid Security and 207 as Performance […]

India, ADB Sign $126.4M Deal for Uttarakhand Tourism: The Government of India and the Asian Development Bank (ADB) signed a $126.42 million loan agreement on 10 September 2025. The funds will support the Sustainable, Inclusive, and Climate-Resilient Tourism Development at Tehri Lake Area Project in Tehri Garhwal district, Uttarakhand. The agreement was signed by Juhi […]

Srinivas Injeti Appointed Chairperson of NSE Governing Board with SEBI Approval: Development for India’s financial regulatory landscape, retired IAS officer Srinivas Injeti has been appointed as the Chairperson of the Governing Board of the National Stock Exchange (NSE). The appointment, cleared by the Securities and Exchange Board of India (SEBI), underscores a strategic move to […]