Category: Economics Current Affairs

India’s gold investments soared by 60% to $18 billion: India witnessed a remarkable 60% surge in gold investments, reaching $18 billion (approximately ₹1.5 lakh crore), as per a report by the World Gold Council (WGC). This increase was driven by rising gold prices, reduced import duties, and heightened demand during festive seasons. India’s gold investment […]

South Indian Bank Unveils Startup Current Accounts for Entrepreneurs: South Indian Bank (SIB) has taken a significant step to support the rapidly growing startup ecosystem in India. The bank has introduced two specialized startup current account products, namely the SIB Business Startup Current Account and SIB Corporate Startup Current Account, both designed to cater to […]

Jevons Paradox: The Jevons Paradox has resurfaced in economic discussions after the DeepSeek AI launch led to a selloff in global tech stocks, raising concerns over AI chip demand. Jevons Paradox states that when a resource becomes more efficient and cheaper to use, overall consumption increases instead of decreasing. Proposed by William Stanley Jevons in […]

Debt-to-GDP Ratio: The Union Government has announced a shift from fiscal deficit to debt-to-GDP ratio as the primary fiscal anchor from FY 2026-27, targeting a 50±1% ratio by 2031. Debt-to-GDP Ratio represents the proportion of a country’s total debt to its GDP, indicating economic stability and repayment capacity.A higher ratio signals increased risk of default […]

Ujjivan Small Finance Bank Seeks Universal Banking Licence: Ujjivan Small Finance Bank (USFB) has applied for a universal banking licence, a major milestone in its journey from a small finance bank to a full-fledged commercial bank. This move aligns with the bank’s strategy to expand its financial services, increase regulatory flexibility, and strengthen its position […]

India’s economy is expected to grow at 6.5% in FY26 : CRISIL India’s economy is projected to grow at a rate of 6.5% in FY26, slightly improving from the 6.4% growth forecasted for the current fiscal year (FY25). Crisil’s report highlights several factors driving this growth, including lower inflation, expected rate cuts by the Reserve […]

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 […]