Exchange Traded Currency Derivatives : RBI The Reserve Bank of India (RBI) has postponed the implementation of its new norms for the exchange-traded currency derivatives (ETCD) market. This decision follows concerns raised by market participants regarding participation in the ETCD market, which led to increased volatility in the forex market. The new norms, aimed to […]
Category: Economics Current Affairs
India’s Stock Market
India’s Stock Market: India’s stock market capitalization is currently the fifth largest globally at $4.5 trillion, according to a report titled ‘Recap 2024. Crystal Gaze 2025’ by financial conglomerate Pantomath Group. The report predicts that India’s market cap is likely to hit $10 trillion by 2030, driven by strong economic growth and favorable government policies. […]
Digital India Trust Agency (DIGITA) : RBI
Digital India Trust Agency (DIGITA) : RBI The Reserve Bank of India (RBI) is considering establishing a Digital India Trust Agency (DIGITA) to combat the proliferation of illegal lending apps and curb growing cyber fraud. This proposed agency aims to verify digital lending apps, maintain a public register of verified apps, and promote transparency and […]
National Assessment And Accreditation Council
National Assessment And Accreditation Council: The National Assessment and Accreditation Council (NAAC) has decided to introduce a binary categorisation of “accredited” or “not accredited” for higher educational institutions. National Assessment and Accreditation Council (NAAC) is an autonomous body of the University Grants Commission (UGC), under the Ministry of Education. It was established in 1994 in […]
Meme Coins
Meme Coins: Meme coins often lacking in any real underlying value have gained significant popularity These are a unique category of cryptocurrencies, have gained significant popularity in the digital currency space. These trace their origin to the growth of meme culture on the internet. These are also known as ‘memetic tokens’ or ‘community coins’, meme […]
Omnibus SRO Framework : Reserve Bank Of India
Omnibus SRO Framework : Reserve Bank Of India The Reserve Bank of India (RBI) has recently announced the finalisation of the Omnibus Framework for recognising Self-Regulatory Organisations (SRO) for its Regulated Entities (RE). The framework aims to address the increasing operations of regulated entities and the adoption of innovative technologies, while also improving industry standards […]
Bima Sugam : An Online Insurance Marketplace
Bima Sugam : An Online Insurance Marketplace The Insurance Regulatory and Development Authority of India (IRDAI) has approved the establishment of Bima Sugam, an online insurance marketplace, aimed at simplifying the process of buying, selling, and servicing insurance policies, as well as settling claims. Bima Sugam functions as an e-commerce platform where insurance companies can […]
Operation Indravati
Operation Indravati: Operation Indravati is an ongoing evacuation mission launched by the Indian government to rescue its nationals from Haiti, a Caribbean nation grappling with widespread gang violence and political instability. The operation, named after the Indravati River in India, aims to ensure the safety and well-being of Indian citizens amidst the escalating crisis in […]
GRID Controller Of India Limited : Miniratna Category-I Status
GRID Controller Of India Limited : Miniratna Category-I Status RID Controller of India Limited (GRID-INDIA) reached a significant milestone as it was designated as a Miniratna Category-I Central Public Sector Enterprise (CPSE) by the Ministry of Power highlighting its pivotal role in the nation’s power sector. Established in 2009, GRID-INDIA oversees the seamless operation of […]
Indo Pacific Economic Framework
Indo Pacific Economic Framework: India has decided to join at least one of the four cooperative work programmes unveiled last week under the ‘clean energy pillar’ of the U.S.-led Indo Pacific Economic Framework (IPEF) – the one on facilitating and promoting carbon-market activities. The Indo-Pacific Economic Framework for Prosperity (IPEF) is an economic initiative launched […]
