digital

RBI Wins Digital Transformation Award 2025 for PRAVAAH & SARTHI Initiatives

The Reserve Bank of India (RBI) has been honored with the Digital Transformation Award 2****025 for its innovative digital initiatives PRAVAAH and SARTHI. This prestigious recognition highlights RBI’s commitment to leveraging technology for streamlining operations and enhancing financial inclusivity across India. What are PRAVAAH and SARTHI? PRAVAAH: Digital Facilitation System PRAVAAH (Platform for Regulatory Application,…

Read More
Economic Survey 2025 for UPSC

Economic Survey 2025: Key Insights for UPSC, Banking, and Other Government Exams

Economic Survey 2025: Key Insights and Takeaways for Aspirants Introduction to Economic Survey 2025 The Economic Survey 2025, presented by the Government of India, is a crucial document that highlights the economic performance of the country. Released annually before the Union Budget, this survey assesses the overall health of the economy, identifies key challenges, and…

Read More
Union Budget evolution India

Union Budget and India’s Economy: A Historical Perspective – Key Insights for Government Exam Aspirants

How Budgets Have Shaped India’s Economy: A Historical Perspective Introduction: Understanding the Role of Budgets in India’s Economy The Indian Union Budget is one of the most critical financial documents for the country. It reflects the government’s priorities, fiscal policies, and vision for the country’s economic growth. Since the first budget presented in 1947, budgets…

Read More
India GDP growth projection FY25

India’s Projected GDP Growth for FY25: Economic Forecast and Key Drivers

India’s GDP Growth Projected to Reach 6.7% in FY25 India’s economy is poised for a significant growth trajectory in FY25, with the projected GDP growth rate reaching 6.7%. This forecast, issued by various economic experts and agencies, highlights India’s resilience and steady economic recovery in the face of global challenges. Several factors, including strong domestic…

Read More
RBI withdrawal ₹2000 notes impact

RBI Report on ₹2000 Notes Return: 98.12% of Notes Deposited in Banks – Key Economic Insights

RBI Reports 98.12% of ₹2000 Notes Returned: Key Implications for the Indian Economy The Reserve Bank of India (RBI) has officially reported that 98.12% of the ₹2000 notes, which were withdrawn from circulation in May 2023, have been returned to the banking system. This decision by the RBI was part of a broader strategy to…

Read More
RBI reduces FCNR(B) deposit rates

RBI Eases FCNR(B) Deposit Rates to Boost Foreign Inflows Amid Global Economic Softening

RBI Eases FCNR(B) Deposit Rates to Boost Foreign Inflows Amid Global Softening Overview of the RBI’s Decision On December 8, 2024, the Reserve Bank of India (RBI) announced its decision to ease the Foreign Currency Non-Resident (FCNR) Deposit rates in an attempt to enhance foreign inflows into the country. The move comes amid global economic…

Read More
India FY25 GDP growth forecast

OECD Raises India’s FY25 GDP Growth Forecast to 6.8% – Key Economic Insights

OECD Raises India’s FY25 Growth Forecast to 6.8% India’s Economic Growth Projection Revised by OECD The Organisation for Economic Co-operation and Development (OECD) has raised India’s GDP growth forecast for the financial year 2025 to 6.8%, a notable revision from its earlier projection. This adjustment underscores India’s robust economic performance and resilience amidst global economic…

Read More
RBI supervisory restrictions lifted Navi Finserv

RBI Lifts Supervisory Restrictions on Navi Finserv: A Boost for Financial Services

RBI Lifts Supervisory Restrictions on Navi Finserv The Reserve Bank of India (RBI) has recently removed the supervisory restrictions placed on Navi Finserv. These restrictions were imposed on the financial services company due to certain regulatory concerns. The lifting of these restrictions marks a significant step for Navi Finserv in its operations and governance, as…

Read More
Coking coal in India steel industry

Coking Coal as Critical Mineral for India’s Steel Industry

Government Should Include Coking Coal in Critical Minerals List Introduction The Indian government has been urged by industry experts and policymakers to include coking coal in its list of critical minerals. Coking coal, which is primarily used in the production of steel, plays a crucial role in supporting India’s infrastructure and industrial growth. Currently, India…

Read More
Moody’s economic outlook India

India Economic Growth Forecast 2024: Moody’s Optimistic Outlook Amid Global Volatility

Moody’s Optimistic About India’s Economic Growth Despite Volatility Overview of Moody’s Economic Outlook on India Moody’s Investors Service, a leading global credit rating agency, has shown an optimistic outlook for India’s economic growth despite the ongoing global financial volatility. Moody’s predicts that India’s economy will continue to grow at a robust pace, driven by strong…

Read More
Top