Category: Economics Current Affairs

First Bank To Become a Trading Cum Clearing (TCM) Member: State Bank of India (SBI) announced that it has become the first bank to become a Trading cum Clearing (TCM) Member at India International Bullion Exchange (IIBX). It enables SBI’s IFSC Banking Unit (IBU) to trade on the IIBX platform as the RBI allowed IBUs […]

India International Bullion Exchange : SBI First Trading-Cum-Clearing Member State Bank of India (SBI) recently announced it has become the first trading-cum-clearing member at the India International Bullion Exchange (IIBX) India International Bullion Exchange (IIBX) is India’s first International Bullion Exchange. It is based at GIFT City (Gujarat International Finance Tech City) IFSC (International Finance […]

General Provident Fund: A single judge bench of the Madras High Court recently held that employees are not automatically entitled to pension benefits based on deductions made under the GPF scheme. General Provident Fund (GPF) is a kind of Public Provident Fund (PPF) account that is available only for government employees in India. It allows […]

Non-Market Economy Status: Vietnam has been pushing the President United States of America to quickly change its “non-market economy” classification to “market economy” status. The United States of America designates a country as non-market economy based on several factors namely If the country’s currency is convertible; If wage rates are determined by free bargaining between […]

India VIX: India’s VIX surged above 16.5 amidst election-driven volatility, prompting caution from experts on leveraged positions. With the general election outcome nearing, market experts anticipate increased volatility. India VIX is a volatility index that measures the expected volatility in the Indian stock market over the next 30 days. It is often referred to as […]

Drip Pricing: The Centre recently warned about “drip pricing”, saying it can surprise consumers with “hidden charges”. The Department of Consumer Affairs asked consumers to reach out to NCH 1915 for assistance or via WhatsApp at  if they need help with ‘drip pricing’. Drip pricing is a pricing technique used by firms where they initially […]

Blue Corner Notice : CBI The Central Bureau of Investigation (CBI) is likely to issue a Blue Corner notice against a person who fled abroad after allegations of sexual abuse. Blue Corner Notice is a part of Interpol’s elaborate system of colour-coded notices, which enable countries to “share alerts and requests for information on wanted […]

Swing Trading: The Indian stock market has been witnessing volatility amid the ongoing Lok Sabha elections and swing trading has been trending on the internet. Swing Trading is a style of trading where investors keep their positions for longer than a single day, typically holding onto stocks for several days or weeks. Its goal is […]

Commission On Population And Development : Session The Permanent Mission of India to the United Nations and the Ministry of Panchayati Raj, in collaboration with the United Nations Population Fund is organizing event titled “Localizing the SDGs: Women in Local Governance in India Lead the Way” during the 57th Session of the Commission on Population […]

Paradox Of Savings: The paradox of savings, or the paradox of thrift, has been a topic of interest in economic discussions due to its implications on how personal savings behaviors might negatively affect broader economic growth. This counterintuitive economic concept has resurfaced in news and analyses, particularly in times of economic downturns, where the balance […]