Delhi RBI MoU ensures Delhi Government finances are managed under RBI framework, enabling lower borrowing costs, professional cash management, and better fiscal planning. Delhi Government Brings Finances Under RBI Framework with Historic MoU The Delhi Government has signed a landmark Memorandum of Understanding (MoU) with the Reserve Bank of India (RBI), bringing the national capital’s…
Scale-Based Regulation for NBFCs: RBI reviews framework to strengthen risk management, ensure financial stability, and categorize NBFCs into layers. Key details for banking and competitive exams included. 📌 RBI Reviews Scale-Based Regulation Framework for NBFCs Introduction: RBI Takes a Closer Look at NBFC Regulation The Reserve Bank of India (RBI) has initiated a comprehensive review…
100% FDI Insurance India approved under Insurance Amendment Bill 2025, boosting capital, competition, and innovation in the Indian insurance sector. Insurance Amendment Bill 2025: Cabinet Approves 100% FDI in Indian Insurance Sector Introduction: A Landmark Decision by the Union Cabinet The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Insurance Amendment Bill,…
US $20 billion aid to Argentina announced to stabilize its economy through a currency swap and strategic partnership, boosting foreign reserves and countering China’s influence. U.S. Announces $20 Billion Aid to Stabilize Argentina Introduction: A Strategic Economic Partnership On October 9, 2025, U.S. Treasury Secretary Scott Bessent unveiled a significant financial initiative aimed at stabilizing…
Manmohan Singh posthumously receives the P V Narasimha Rao Memorial Award for his economic contributions, including the 1991 reforms and national development policies. Dr. Manmohan Singh Posthumously Honoured with P. V. Narasimha Rao Memorial Award for Economics Recognition of Lifetime Contribution to India’s EconomyOn 10 September 2025, former Prime Minister and eminent economist Dr. Manmohan…
India economy PPP growth 2038 projection by EY estimates India will become the world’s second-largest economy with $34.2 trillion GDP, driven by reforms, demographics, and strong domestic demand. India’s Economic Powerhouse: Poised to Become the World’s Second-Largest Economy by 2038 India’s Trajectory in PPP Terms According to the August 2025 edition of EY’s Economy Watch,…
India global consumer market is set to become the most sought-after worldwide, driven by energy transition, fiscal reforms, and manufacturing growth, says Morgan Stanley. India Poised to Become the World’s Most Sought-After Consumer Market: Insights from Morgan Stanley According to a recent report by Morgan Stanley, India is on track to become the world’s most…
Trade Facilitation Conference 2025 inaugurated by Pankaj Chaudhary highlighted CRCL’s role in seamless customs through scientific excellence. Learn about reforms, SOPs, and lab upgrades to boost ease of doing business. Simplifying Cross‑Border Trade with Scientific Rigor On July 12, 2025, MoS for Finance Pankaj Chaudhary inaugurated the Trade Facilitation Conference 2025 in New Delhi, organized by…
India’s economic journey book by AK Bhattacharya offers a detailed policy analysis from 1998 to 2024. Essential reading for UPSC, State PSC, and banking exam aspirants. A.K. Bhattacharya’s Third Book Sheds Light on India’s Economic Evolution Since 1998 Introduction: Chronicling India’s Economic Transformation Renowned journalist and economic commentator A.K. Bhattacharya has released his third book…
Punjab Industrial Reforms 2025: Udyog Kranti scheme launches Fast-track Punjab portal with 45-day deemed approval, boosting ease of doing business and attracting investments. Reforming Industrial Approvals Through Technology The Punjab government, led by Chief Minister Bhagwant Singh Mann and AAP national convenor Arvind Kejriwal, unveiled Udyog Kranti on June 10, 2025. This bold initiative comprises…
