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.
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…
Cyril Ramaphosa Secures Second Term as South African President Introduction In a significant political development, Cyril Ramaphosa has secured a second term as the President of South Africa. His re-election brings forth renewed hopes and challenges for the nation. This news holds great importance for students preparing for various government exams as it touches upon…
India’s Wholesale Prices Accelerate to 15-Month High of 2.61% in May Rising Wholesale Price Index (WPI) India’s Wholesale Price Index (WPI) rose to a 15-month high of 2.61% in May 2024, reflecting an upward trend in wholesale prices. This significant increase marks the highest level since February 2023, driven by a surge in the prices…
Finance Ministry Caps Arbitration Value at ₹10 Crore The Finance Ministry has recently announced a significant change in the arbitration framework for government contracts. The new directive caps the value of arbitrations at ₹10 crore. This move aims to streamline dispute resolution processes and enhance efficiency in handling government-related arbitrations. The decision is part of…
India Surpasses Hong Kong to Reclaim Fourth Spot in Global Equity Market India has achieved a significant milestone in the global financial landscape by surpassing Hong Kong to reclaim the fourth spot in the global equity market rankings. This development underscores India’s growing stature as a key player in the international financial arena. Why this…
Urban-Rural Consumption Expenditure Differential Falls to 7.1% in 2022-23: MOSPI Survey In its latest survey, the Ministry of Statistics and Programme Implementation (MOSPI) has revealed a significant narrowing in the gap between urban and rural consumption expenditures for the fiscal year 2022-23. According to the survey findings, the urban-rural consumption expenditure differential has decreased to…
India-UAE Forge New Path with Local Currency Settlement System India and the United Arab Emirates (UAE) have embarked on a significant collaboration by establishing a local currency settlement system, marking a pivotal moment in their economic relations. This innovative system allows businesses and traders from both nations to bypass the US dollar and directly trade…
