Welcome to the “Economy and Finance Current Affairs” category page, your one-stop destination for the latest updates and insights on the dynamic world of economics and finance. This category page holds immense importance for individuals interested in the economy, finance professionals, and those preparing for competitive exams in the banking, finance, and government sectors.
The economy and finance are crucial pillars of any nation’s development and progress. Staying abreast of the current affairs in these areas is essential to understand the changing economic landscape, financial policies, market trends, and global economic developments.
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For individuals preparing for competitive exams such as banking exams (like IBPS PO, SBI Clerk, and RBI Grade B), civil services exams (like UPSC IAS), and other government job exams, having a strong understanding of the economy and finance is vital. These exams often include sections or questions related to economic and financial current affairs, assessing candidates’ knowledge of important economic indicators, government schemes, financial regulations, and market trends. By following the “Economy and Finance Current Affairs” category page, you can stay ahead of the competition and improve your performance in these exams.
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In conclusion, the “Economy and Finance Current Affairs” category page is an invaluable resource for individuals interested in economics, finance professionals, and aspirants preparing for competitive exams. It offers the latest updates, insights, and analyses related to the economy, finance, and financial markets. Stay tuned to this page to stay informed, enhance your knowledge, and excel in exams and professional endeavors that require a solid understanding of economic and financial current affairs.
SEBI Proposes Reforms to Enhance Flexibility and Protection for REITs and InvITs In a significant move to bolster the real estate investment trust (REIT) and infrastructure investment trust (InvIT) sectors, the Securities and Exchange Board of India (SEBI) has proposed a series of reforms aimed at enhancing flexibility and providing better protection for investors. These…
SEBI’s New Securitisation Rules: Key Investor Safeguards The Securities and Exchange Board of India (SEBI) has introduced new rules governing securitisation that aim to bolster investor protection and enhance the overall transparency of the market. These regulations, effective from April 2024, come as a critical response to the increasing complexities in the securitisation space and…
Surge in GST Collections: October Sees 8.9% Year-on-Year Growth In October 2024, India witnessed a notable surge in Goods and Services Tax (GST) collections, which reached a remarkable ₹1.87 lakh crore. This represents an 8.9% increase compared to the same month last year. The growth in GST revenue is indicative of the robust economic recovery…
Drop in India’s Foreign Exchange Reserves to $688.26 Billion India’s foreign exchange reserves have witnessed a notable decline, now standing at $688.26 billion as of October 20, 2023. This decrease, amounting to $4.84 billion, is a significant concern for the Indian economy, as these reserves play a crucial role in maintaining the country’s financial stability…
NIPFP Lowers India’s FY25 GDP Growth Estimate to 6.9-7.1% The National Institute of Public Finance and Policy (NIPFP) has recently revised its growth forecast for India’s Gross Domestic Product (GDP) for the fiscal year 2024-25 (FY25). The new estimate stands at a range of 6.9% to 7.1%, a downward adjustment from previous forecasts. This revision…
Rajiv Ranjan Singh to Inaugurate the 21st Livestock Census: An Insight into India’s Rural Economy The Indian government has announced the inauguration of the 21st Livestock Census, led by Union Minister Rajiv Ranjan Singh. This initiative is part of India’s broader efforts to gauge the role of livestock in its rural economy and address challenges…
Freo Secures IRDAI License to Expand Insurance Offerings Freo, a prominent fintech company, has made headlines recently by securing a license from the Insurance Regulatory and Development Authority of India (IRDAI) to expand its insurance offerings. This strategic move marks a significant milestone in Freo’s journey to diversify its financial services and cater to a…
India’s Economic Growth Projected at 7-7.2% for FY25 Overview of India’s Economic Projection for FY25India’s economic growth for the financial year 2024-25 has been projected to range between 7% and 7.2%, reflecting the nation’s ongoing recovery from global uncertainties and domestic economic reforms. The latest economic forecast comes from esteemed institutions like the Reserve Bank…
Global Public Debt Set to Exceed $100 Trillion, Warns IMF Introduction to the Concern The International Monetary Fund (IMF) has issued a stark warning that global public debt is projected to surpass a staggering $100 trillion in the coming years. This alarming figure highlights the growing financial challenges faced by nations worldwide as they navigate…
Subianto Announces Indonesia’s Largest-Ever Cabinet: A New Era of Governance Introduction to Indonesia’s Largest Cabinet In a significant political move, Indonesian President Prabowo Subianto has announced the formation of the country’s largest cabinet to date. This unprecedented decision reflects the government’s commitment to addressing various national issues while boosting economic growth and stability. The new…
