RBI’s Strategic Measures to Boost Liquidity in the Banking System: The Reserve Bank of India (RBI) has introduced a series of liquidity-boosting measures. These include a $5 billion USD/INR buy/sell swap auction, open market operations (OMOs), and a variable rate repo (VRR) auction. The RBI’s efforts aim to alleviate liquidity constraints in the banking system […]
Category: Economics Current Affairs
Kotak Mutual Fund Introduces India’s First MSCI India ETF
Kotak Mutual Fund Introduces India’s First MSCI India ETF: Kotak Mutual Fund has launched India’s first MSCI India ETF, designed to track the MSCI India Index. This ETF offers investors an easy way to gain exposure to a diversified portfolio of Indian equities. With a minimum investment of ₹5,000, providing a cost-effective, passive investment option.
RBI’s Digital Payments Index
RBI’s Digital Payments Index: The Reserve Bank of India’s (RBI) digital payments index (DPI) rose to 465.33 as of September 2024, compared to 445.5 in March 2024, reflecting the rapid adoption of digital payments in the country. RBI’s Digital Payments Index: It is a first-of-its kind index to measure the spread of digital payments across […]
RBI’s Liquidity Measures
RBI’s Liquidity Measures: The Reserve Bank of India (RBI) has announced measures to inject over Rs 1.5 lakh crore to increase money liquidity in the economy.Money Liquidity refers to the availability of cash and easily accessible funds in the economy, influencing spending and investment. Liquidity refers to how quickly and easily an asset can be […]
Card Tokenization in India
Card Tokenization in India: Card tokenization has become a significant technological advancement in India, enhancing security and customer convenience in digital payments.Over 91 crore tokens were issued by December 2024 and has enabled nearly 98% of e-commerce transactions to be processed without actual card data, reducing the risk of data breaches. Tokenization substitutes actual card […]
FDI Limit for Insurance Raised from 74% to 100%
FDI Limit for Insurance Raised from 74% to 100%: One of the most notable announcements is raising the FDI limit in the insurance sector from 74% to 100%, which aims to attract foreign investment, improve market penetration, and integrate global best practices. Other key changes include reforms in pension product development, KYC simplification, easing company […]
Union Budget 2025-26
Union Budget 2025-26: The Union Budget 2025-26 was presented by the Union Finance Minister in the Parliament recognising 4 engines of development- agriculture, Micro, Small and Medium Enterprises (MSME),investment and exports. The Union Budget 2025-26, with the theme Sabka Vikas, aims to stimulate balanced growth across all regions. 1st Engine- Agriculture: Prime Minister Dhan-Dhaanya Krishi […]
Economic Community of West African States (ECOWAS) : Country Withdrawal
Economic Community of West African States (ECOWAS) : Country Withdrawal The West African nations of Niger, Mali, and Burkina Faso have officially withdrawn from the Economic Community of West African States (ECOWAS).The three countries formed the Alliance of Sahel States, seeking military support from Russia and distancing themselves from the US and France.The Sahel is […]
Payment and Settlement Systems Act, 2007
Payment and Settlement Systems Act, 2007: The Reserve Bank of India (RBI) has tightened norms for imposing monetary penalties and compounding offences under the Payment and Settlement Systems Act, 2007 (PSS Act).The Payment and Settlement Systems Act, 2007 (PSS Act) is a legislation that regulates and supervises payment systems in India. It designates the Reserve […]
Economic Survey 2025
Economic Survey 2025: Nirmala Sitharaman Tables the 2024-25 Report.The Economic Survey of India 2025 provides a comprehensive overview of India’s economic performance, highlighting key trends, challenges, and policy recommendations for sustainable growth. Important Points: GDP Growth: 6.4% in FY25, projected 6.3-6.8% in FY26. Inflation: Softened to 4.9% (FY25). Exports: Resilient, with non-petroleum exports up 9.1%. […]
