Reserve Bank of India Says 98.47% of ₹2,000 Notes Returned to Banking System: The Reserve Bank of India have announced that 98.47% of ₹2,000 Indian currency notes have been returned to the central banking system. ₹2,000 denominations notes were withdraw by the RBI three years ago. It marks the significant milestone in the India’s currency […]
Category: Economics Current Affairs
Past Risk and Return Verification Agency (PaRRVA)
Past Risk and Return Verification Agency (PaRRVA): The Securities and Exchange Board of India (SEBI) has operationalised the Past Risk and Return Verification Agency (PaRRVA). It is a regulatory initiative designed to bring transparency and standardization to performance claims made by financial intermediaries. It has been operationalised by the Securities and Exchange Board of India […]
E-PRAAPTI Portal
E-PRAAPTI Portal: The Employees Provident Fund Organisation (EPFO) is set to launch E-PRAAPTI (EPF Aadhaar-Based Access Portal for Tracking Inoperative Accounts). E-PRAAPTI (EPF Aadhaar-Based Access Portal for Tracking Inoperative Accounts), a dedicated digital platform of the Employees Provident Fund Organisation (EPFO). Purpose is to facilitate identification, tracking, Unique Account Number (UAN) linking, and activation of […]
Mission SAKSHAM
Mission SAKSHAM: The Reserve Bank of India (RBI) Governor launched Mission for Urban Co-operative Banks. The mission SAKSHAM (Sahakari Bank Kshamta Nirman) is a sector-wide capacity-building and certification framework for urban co-operative banks (UCBs). It aims to enhance managerial and operational capabilities, improve compliance culture, and strengthen institutional resilience across UCBs. It is a mission-mode, […]
India Post Payments Bank (IPPB) has launched a dedicated Self Help Group
India Post Payments Bank (IPPB) has launched a dedicated Self Help Group: India Post Payments Bank (IPPB) has launched a dedicated Self Help Group (SHG) Savings Account designed to provide a reliable and cost-effective banking solution for women-led groups in rural India.IPPB is a 100% Government of India-owned entity operating under the Department of Posts, […]
Orange Economy
Orange Economy: India is shifting its growth strategy to centralize creativity, culture, and content through the Orange Economy, aiming to transform its vast cultural assets into scalable global Intellectual Property (IP). The Orange Economy is an economic model powered by creativity, cultural expression, and intellectual property. It spans diverse fields such as design, film, animation, […]
RBI Eases Rupee NDF Curbs
RBI Eases Rupee NDF Curbs: The Reserve Bank of India (RBI) partially rolled back earlier restrictions on rupee-linked non-deliverable forward (NDF) transactions after improved market stability and reduced arbitrage risks. Banks are now permitted to undertake limited related-party transactions such as cancellation and rollover of existing contracts, while broader restrictions on forex derivatives remain in […]
RBI Cancels Paytm Payments Bank Licence
RBI Cancels Paytm Payments Bank Licence: The Reserve Bank of India (RBI) has cancelled the banking licence of the Paytm Payments Bank Limited and effectively ended the its ability to operate as a bank. This decision is comes after the years of regulatory concerns and the repeated non-compliance. The central bank has also announced that […]
India’s GDP Growth Seen at 6.4% in 2026: UN Report
India’s GDP Growth Seen at 6.4% in 2026: UN Report India’s economy is expected to grow at the 6.4% in 2026 and 6.6% in 2027 as per the latest by the United Nations report. This projections highlights the India’s continued position as the major growth engine in the Asia-Pacific region. Even as the global uncertainties […]
Arthur Law Named Young Global Leader 2026 by World Economic Forum
Arthur Law Named Young Global Leader 2026 by World Economic Forum: Arthur Law has been named the Young Global Leader (YGL) 2026 by the World Economic Forum. It was announced on April 21, 2026 this honor celebrates his contributions to the transforming urban living through innovative space solutions. As the cities are growing denser his […]
