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S&P Global Ratings Boosts India’s GDP Forecast to 6.5%

S&P Global Ratings Boosts India’s GDP Forecast to 6.5%: S&P Global Ratings delivered encouraging news for India’s economic prospects on Tuesday, June 24, 2025, by raising the country’s GDP growth forecast to 6.5% for the current fiscal year. This upward revision reflects the rating agency’s confidence in India’s economic resilience despite mounting global uncertainties and […]

Household Income Survey in 2026

Household Income Survey in 2026: The Ministry of Statistics and Programme Implementation (MoSPI) has announced that India will conduct its first comprehensive Household Income Survey in 2026. A nationwide Household Income Survey aimed at generating robust and reliable data on income distribution across India for the first time. Ministry & Organisations Involved: Ministry of Statistics […]

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 […]

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 […]