Category: Economics Current Affairs

Axis Bank Launches ‘Safety Centre’ to Boost Digital Banking Security: Axis Bank has introduced a new feature called ‘Safety Centre’ on its mobile banking app to strengthen customer protection against digital fraud. The facility allows users to manage and control key banking functions directly through the app, without visiting a branch or contacting customer care.Axis […]

IDFC FIRST Bank Launches ‘Zero-Forex Diamond Reserve Credit Card’: IDFC FIRST Bank announced the launch of its premium offering — the ‘Zero-Forex Diamond Reserve Credit Card’. Designed specifically for frequent international travellers and premium lifestyle spenders, this card eliminates foreign exchange markup while offering a wide range of travel, insurance, and reward benefits.The launch strengthens […]

HSBC Private Bank Appoints Ida Liu as CEO: HSBC Private Bank has made a significant leadership announcement that is highly relevant for competitive exams and current affairs preparation. In January 2026, the bank appointed Ida Liu as its new Chief Executive Officer (CEO), marking an important development in the global banking and wealth management sector.HSBC […]

Goa CM Pramod Sawant Launches Second Edition of ‘History That India Ignored’: Goa Chief Minister (CM) Pramod Sawant launched the second edition of the acclaimed book titled ‘History That India Ignored’, authored by Prem Prakash, a veteran journalist and Chairman of Asian News International (ANI). The launch event took place in Panaji, Goa, bringing renewed […]

Apparel Export Promotion Council: A Sakthivel has been recently appointed as the chairman of the Apparel Export Promotion Council (AEPC), marking his fifth term at the helm of the organization. It was established in 1978 under the provisions of the Foreign Trade (Development and Regulation) Act of 1992. It is the official body of apparel […]

Weimar Triangle: India’s External Affairs Minister recently participated in India’s first-ever engagement in the Weimar Triangle, with French and Polish counterparts along with German representatives. Weimar Triangle is a regional political grouping of France, Germany and Poland. It was formed by a joint declaration issued in Weimar, Germany, by the Foreign Ministers of the three […]

First meeting of the Payments Regulatory Board: The first meeting of the Payments Regulatory Board (PRB) was held in Mumbai under the chairmanship of Sanjay Malhotra, marking the operationalisation of the new payments governance framework.The Payments Regulatory Board (PRB) is the statutory body through which the Reserve Bank of India exercises regulatory and supervisory powers […]

Karur Vysya Bank Cuts Base Rate and BPLR: Karur Vysya Bank has announced a reduction in its lending rates, providing potential relief to borrowers. As per an exchange filing, the private sector bank will revise both its Base Rate and Benchmark Prime Lending Rate (BPLR) with effect from January 7, 2026, reflecting an easing stance […]

Dharmendra Pradhan to Release 41 New Books on India’s Classical Languages: India is taking another step to preserve and promote its classical language heritage. Union Education Minister Dharmendra Pradhan will release 41 newly developed literary works prepared by Centres of Excellence for classical languages. The initiative reflects the government’s focus on making ancient knowledge accessible […]

State-led capital spending: State governments’ ability to sustain capital expenditure has come under focus as several States breached the 3% fiscal deficit norm using enhanced borrowing space during FY2021–FY2025.State-led capital spending refers to expenditure by State governments on asset creation such as roads, irrigation, power, health, education infrastructure, and urban development.It is distinct from revenue […]