Klaus Schwab Steps Down from Executive Role at WEF Transition to New Governance Structure Klaus Schwab, the founder and long-time executive chairman of the World Economic Forum (WEF), will transition from his executive role to become the chairman of the board of trustees by January next year. This change marks a significant shift in the…
RBI Projects CPI Inflation at 4.5% for FY25 The Reserve Bank of India (RBI) has recently projected the Consumer Price Index (CPI) inflation to be at 4.5% for the fiscal year 2024-25 (FY25). This projection comes amidst the backdrop of various economic factors influencing inflation rates. The RBI’s forecast holds significance for government exam aspirants,…
Rakesh Mohan Appointed to World Bank Economic Advisory Panel In a recent development, Rakesh Mohan, an eminent economist and former Deputy Governor of the Reserve Bank of India (RBI), has been appointed to the Economic Advisory Panel of the World Bank. This appointment comes as a recognition of Mohan’s vast experience and expertise in the…
Nirmala Sitharaman to Become 2nd FM to Present 6 Consecutive Union Budgets In the realm of India’s economic landscape, Finance Minister Nirmala Sitharaman is set to etch her name in history as she gears up to present her sixth consecutive Union Budget. This milestone places her in an elite league, making her the second finance…
October Gross GST Collections Reach ₹1.72 Lakh Crore The Goods and Services Tax (GST) is an essential component of India’s fiscal landscape, and it often finds its way into government exams for various positions, including teachers, police officers, banking, railways, defense, and civil service positions like IAS. In October, India’s gross GST collections reached an…
