Oman polymer banknote launch 2026: Oman will circulate its first polymer one-rial banknote from January 2026, enhancing durability, security, and celebrating national landmarks. Oman Launches First Polymer One-Rial Banknote; Will Enter Circulation from January 2026 Oman has unveiled its first-ever polymer one-rial banknote, a significant milestone in the nation’s currency history. The Central Bank of…
India trade deficit hits $32.15 billion in September 2025 with imports rising 16.7% and gold imports doubling. Learn key economic insights for government exams. India’s Trade Deficit Hits $32.15 Billion in September 2025 India’s merchandise trade deficit surged to $32.15 billion in September 2025, marking a 13-month high and reflecting a significant 30.37% year-on-year increase….
SEBI SWAGAT-FI investment framework launched to attract long-term foreign investment in India, simplify registration for trusted investors, and enhance market stability. SEBI Introduces SWAGAT-FI Framework to Simplify Foreign Investment Access Introduction to SWAGAT-FI On September 12, 2025, the Securities and Exchange Board of India (SEBI) unveiled the Single Window Automatic and Generalised Access for Trusted…
SRVA Investment in Government Securities – RBI permits non-residents to invest surplus balances from Special Rupee Vostro Accounts in G-Secs and Treasury Bills, boosting liquidity and rupee internationalization. 📰 RBI Greenlights Investment of SRVA Surplus Balances in Government Securities Introduction to the RBI’s New Directive On August 12, 2025, the Reserve Bank of India (RBI)…
Core Sector Growth Slows to 6.3% in May 2024 The growth of India’s core sector, comprising eight crucial industries, decelerated to 6.3% in May 2024 from a robust 8% in April 2024. This slowdown reflects mixed performance across the sectors and raises concerns about the economic momentum. The core sectors, which include coal, crude oil,…
India’s Foreign Exchange Reserves Surge by $2.56 Billion to Reach $644.15 Billion Significant Increase in Reserves India’s foreign exchange reserves saw a substantial increase of $2.56 billion, reaching $644.15 billion for the week ending May 10, 2024. This surge comes after a previous increase of $3.668 billion, marking a positive trend following three consecutive weeks…
India’s April Trade Performance: Exports Inch Up, Trade Deficit Widens Overview of India’s April Trade Performance India’s trade performance in April 2024 has shown a mixed bag of results, with a slight increase in exports coupled with a significant widening of the trade deficit. According to the latest data released by the Ministry of Commerce…
GDP Expected to Grow 6-6.5% in FY24: BOB ECO Research The Indian economy is showing signs of recovery as the GDP growth rate for the fiscal year 2024 is projected to be between 6% and 6.5%. According to the latest report by BOB ECO Research, a leading economic research institute, the country is expected to…
