Suresh Goyal appointed as NCAER Director General to strengthen India’s economic policy research. Learn about his background, NCAER’s role, and exam-relevant insights. Suresh Goyal Appointed as Director General of NCAER: A Major Appointment in Economic Policy Leadership Overview of the Appointment The National Council of Applied Economic Research (NCAER) has recently appointed Suresh Goyal as…
RBI export relief measures provide moratorium, extended export-credit timelines, FITL facility and relaxed realisation deadlines to support exporters amid global trade challenges. RBI Announces Relief Measures for Exporters: Moratorium & Credit Extensions Article Export Stress and RBI’s Timely Intervention Amid escalating global trade headwinds and a challenging external environment, the Reserve Bank of India (RBI)…
RBI removes ₹10,000 crore lending limit on corporate borrowers under the new RBI Large Exposure Framework Update. Know details, implications, exam relevance, and FAQs for RBI and UPSC 2025. RBI Withdraws ₹10,000 Crore Lending Cap on Large Borrowers What the news is about The Reserve Bank of India (RBI) has removed a system-wide limit of…
Anant Goenka named FICCI President-Elect for 2025–26. Learn about his leadership at RPG Group, CEAT, achievements, and impact on Indian industry policies. FICCI Appoints Anant Goenka as President-Elect for 2025–26 On October 14, 2025, the Federation of Indian Chambers of Commerce and Industry (FICCI) announced the appointment of Anant Goenka as its President-Elect for the…
Dan Katz appointed IMF First Deputy Managing Director 2025. Learn about his background, significance, and impact on global economic policies for competitive exams. 📰 Dan Katz Appointed IMF’s First Deputy Managing Director 📌 Overview of the Appointment On October 6, 2025, Dan Katz officially assumed the role of First Deputy Managing Director (FDMD) at the…
IMF first deputy managing director Dan Katz proposed by Managing Director Kristalina Georgieva. Learn about his appointment, background, and impact on global economic policy. IMF Proposes Dan Katz as First Deputy Managing Director Introduction to the Appointment On September 18, 2025, the International Monetary Fund (IMF) announced that Managing Director Kristalina Georgieva has proposed the…
GST two-tier regime 2025 introduces simplified tax rates of 5% and 18%, exempting insurance premiums and boosting affordability of essential goods. Learn impact on electronics, automobiles, and economy. GST Council Introduces Two-Tier Regime from September 22: Key Reforms Unveiled Introduction to the New GST Structure In a significant move, the Goods and Services Tax (GST)…
RBI liquidity framework review 2025 enhances monetary policy transmission by phasing out 14-day repos, retaining WACR as policy target, and inviting public comments for robust financial stability. RBI Reviews Liquidity Framework to Strengthen Rate Control Introduction: RBI’s Strategic Review of Liquidity Management In August 2025, the Reserve Bank of India (RBI) unveiled a comprehensive review…
Employment Linked Incentive Scheme 2025: Union Cabinet approves ₹99,446 crore ELI Scheme to create 3.5 crore formal jobs with EPFO-linked benefits and incentives for both employees and employers. Cabinet Approves ELI Scheme to Generate 3.5 Crore Jobs Across India A Bold Initiative for Youth and Economy On July 1, 2025, the Union Cabinet approved the…
Introduction The United States has introduced a legislative proposal titled “The One Big Beautiful Bill,” which includes a provision to impose a 5% tax on remittances sent abroad by non-citizens. This move is poised to significantly impact the Indian diaspora, particularly those on H-1B visas and green card holders, who regularly send money back to…
