India to Revise CPI Basket and Base Year for Better Inflation Tracking: The Consumer Price Index (CPI), a key indicator for measuring retail inflation in India, is set for a significant revamp. As per the Ministry of Statistics and Programme Implementation (MoSPI), the CPI basket will be expanded, and the base year will be updated […]
Category: Economics Current Affairs
RBI’s New Project Finance Norms Offer Relief to NBFCs
RBI’s New Project Finance Norms Offer Relief to NBFCs: The Reserve Bank of India (RBI) has released its final guidelines for project finance lending, introducing a more lenient framework for provisioning norms and offering relief to key non-banking financial companies (NBFCs) like PFC and REC. These norms, applicable from October 1, 2025, are expected to […]
Gold Becomes World’s Second-Largest Reserve Asset After U.S. Dollar
Gold Becomes World’s Second-Largest Reserve Asset After U.S. Dollar: Gold has officially become the second-largest global reserve asset, surpassing the euro, as revealed by a recent European Central Bank (ECB) report. Central banks across the world have ramped up their gold holdings in response to persistent geopolitical tensions, inflation fears, and concerns over the reliability […]
Net Interest Margin
Net Interest Margin: State-run lender Indian Overseas Bank (IOB) has taken various steps to offset the impact on net interest margin (NIM) from the repo rate cut affected by the Reserve Bank of India (RBI) recently. NIM is a financial metric used to measure the profitability of a bank or financial institution’s lending activities. It […]
Digital Payments Award 2024-25
Digital Payments Award 2024-25: India Post Payments Bank (IPPB) has been conferred the prestigious Digital Payments Award 2024-25 by the Department of Financial Services (DFS), Ministry of Finance. It is a 100% Government of India-owned entity under the Department of Posts, Ministry of Communications. IPPB was launched on September 1, 2018. The bank has been […]
Merchant Banking : SEBI
Merchant Banking : SEBI The Securities and Exchange Board of India (SEBI) recently said merchant bankers (MB) can now engage in unregulated activities such as advisory and consultancies without needing a separate legal entity. Merchant Banking refers to financial services designed especially for businesses and corporate clients. These services help business owners raise funds, manage […]
Performance Grading Index 2.0
Performance Grading Index 2.0: The Ministry of Education released the Performance Grading Index (PGI) 2.0 report for the years 2022–23 and 2023–24, assessing the performance of states and Union Territories (UTs) in school education. Key Findings of Performance Grading Index (PGI) 2.0 for 2023–24: Top Performers: Chandigarh topped with a score of 703, followed by […]
Inclusive Education for Children with Disabilities
Inclusive Education for Children with Disabilities: The Centre signed a tripartite MoU between DEPwD, NIOS, and NCERT to strengthen inclusive education for children with disabilities, focusing on curriculum reform, accessibility, and institutional partnerships.Inclusive education ensures that children with and without disabilities learn together in a common environment, supported by adapted curricula and teaching methods (RPWD […]
Reverse Flipping
Reverse Flipping: The SEBI recently announced a slew of measures to ease the compliance burden in the stock market ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds. Flipping, or ‘externalised structure,’ refers to the process of transferring entire ownership of […]
ICRA Predicts 6.2% GDP Growth for India in FY26
ICRA Predicts 6.2% GDP Growth for India in FY26: ICRA has projected India’s real GDP growth for FY2025–26 to dip slightly to 6.2%, down from 6.5% in FY2024–25, citing a slowdown in merchandise exports and continued uncertainty in global trade dynamics. However, strong rural demand, supportive fiscal measures, and higher capital expenditure are expected to […]
