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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.
NCAER Projects Over 7% Growth for Indian Economy in Fiscal 2025 The National Council of Applied Economic Research (NCAER) has projected a robust growth trajectory for the Indian economy in the fiscal year 2025. This projection comes amidst various economic indicators pointing towards recovery and expansion. According to NCAER’s latest forecast, India is poised to…
Madhya Pradesh Ministers to Pay Income Tax on Salaries and Allowances In a significant move, Madhya Pradesh has announced that its ministers will now be liable to pay income tax on their salaries and allowances. This decision marks a departure from the previous practice where ministers enjoyed tax-free perks on their official incomes. The state…
India Likely to Grow at 7.5% in FY25: NCAER Economic Forecast by NCAER The National Council of Applied Economic Research (NCAER) has forecasted that India is likely to witness a growth rate of 7.5% in the fiscal year 2025 (FY25). This optimistic projection is driven by a combination of factors, including robust domestic demand, increased…
SBI Distributes Rs 6,959 Crore Dividend to Government SBI’s Dividend Distribution State Bank of India (SBI), the country’s largest public sector bank, has distributed a dividend of Rs 6,959 crore to the Government of India for the financial year 2022-23. This move is part of the bank’s annual dividend payout, which reflects its robust financial…
Reserve Bank of India Updates URL for Database on Indian Economy Portal The Reserve Bank of India (RBI) recently announced a significant update regarding the URL for its Database on Indian Economy (DBIE) portal. This initiative is part of RBI’s ongoing efforts to enhance accessibility and usability of economic data for researchers, policymakers, and the…
GST Rate Rationalisation After Item-wise Analysis In a significant move aimed at streamlining the Goods and Services Tax (GST) regime, the Government of India has initiated a thorough item-wise analysis to rationalize GST rates. This decision comes as part of ongoing efforts to simplify the tax structure and boost compliance across various sectors. The GST…
Government Monetises ₹1.56 Lakh Crore in FY24 under National Monetisation Pipeline In a significant move aimed at bolstering infrastructure development across the country, the Government of India has successfully monetised ₹1.56 lakh crore under the National Monetisation Pipeline (NMP) for the fiscal year 2023-24. This initiative, spearheaded by various ministries, aims to unlock the value…
Union Cabinet Approves Economic Measures Worth Over ₹2.88-Lakh Crore Overview of Economic Decisions The Union Cabinet has sanctioned economic measures totaling ₹2.88-lakh crore. These decisions, announced after the allocation of portfolios to Union Ministers in the Modi government’s third term, aim to enhance various sectors and stimulate economic growth. MSP Hike for Kharif Crops One…
Paytm Appoints Rajeev Agarwal as Non-Executive Independent Director Paytm, the leading digital payments platform in India, has recently announced the appointment of Rajeev Agarwal as a non-executive independent director. This strategic move is aimed at bolstering the company’s governance structure and leveraging Agarwal’s extensive expertise in finance and management. Rajeev Agarwal brings with him a…
IFC Investment in Brookfield’s Bikaner Solar Power Project Overview of the Investment The International Finance Corporation (IFC), part of the World Bank Group, has committed $105 million to Brookfield’s Bikaner Solar Power project in Rajasthan. This investment, through non-convertible debentures, aims to bolster renewable energy infrastructure in India. Brookfield’s Bikaner Solar Project, developed by Brookfield…
