Uday Kotak appointed as GIFT City Chairman, boosting India’s IFSC growth and global financial competitiveness. Learn about his role, GIFT City objectives, and economic impact. Uday Kotak Appointed Chairman of GIFT City — A Boost to India’s Financial Ambitions The Gujarat government has appointed veteran banker Uday Kotak as the new Chairman of Gujarat International…
RBI Digital Payments Index 2025 reaches 516.76, reflecting India’s rapid adoption of UPI, mobile banking, and digital transactions. Key insights for banking and government exams. RBI Digital Payments Index Soars to 516.76 – A Big Win for India’s Cashless Economy India’s digital economy has taken a strong leap forward with the latest data from the…
RBI collateral-free loan limit doubled to ₹20 lakh for micro and small enterprises from April 2026, boosting MSME credit access and entrepreneurship. Know key details, benefits, and exam-relevant points. RBI MPC Doubles Collateral‑Free Loan Limit for Micro and Small Firms: Major Boost to MSME Credit Introduction: RBI Enhances Collateral‑Free Loan Limit In a significant decision…
India GDP growth forecast 2026 raised to 6.9% by Goldman Sachs after the India–USA trade deal. Read exam-focused highlights, key facts, and analysis for UPSC, SSC, and banking exams. Goldman Sachs Raises India’s CY26 GDP Growth Forecast to 6.9% 📌 Introduction: Goldman Sachs Upgrades India’s Growth Outlook Global investment bank Goldman Sachs has revised India’s…
NSIC 71st Foundation Day 2026 highlights India’s MSME growth, Atmanirbhar Bharat mission, and key exam facts about National Small Industries Corporation. 71 Years of NSIC: Empowering MSMEs and Advancing Atmanirbhar Bharat Introduction: NSIC Marks 71 Years of Dedicated Service The National Small Industries Corporation (NSIC) celebrated its 71st Foundation Day on 4th February 2026 at…
Union Budget 2026 key highlights: ₹12.2 lakh crore capital expenditure, high-speed rail corridors, India Semiconductor Mission 2.0, tax reforms, and social sector allocations explained for exams. Union Budget 2026: Major Announcements and Key Highlights The Union Budget 2026‑27 was presented in the Parliament by Finance Minister Nirmala Sitharaman on 1st February 2026, marking her ninth…
RXIL interim dividend declared highlights India’s first TReDS platform success, supporting MSME financing and digital receivables. Key insights for banking and UPSC exams. 📊 RXIL Makes History as India’s First TReDS Platform to Announce Interim Dividend Receivables Exchange of India Ltd (RXIL), a pioneering Trade Receivables Discounting System (TReDS) platform in India, has created a…
Tata AI Innovation City Maharashtra will receive $11 billion investment focusing on AI, semiconductor services, and data centres, strengthening India’s global tech leadership. Tata Group to Invest $11 Billion in Maharashtra’s AI Innovation City: A Game-Changer for India’s Tech and Economy Overview: Maharashtra’s $11 Billion Innovation City Investment The Tata Group has unveiled plans to…
SIDBI ₹5,000 Crore Capital Infusion 2026 approved by Union Cabinet to strengthen MSME credit flow, increase financial access, and generate 1.12 crore jobs by FY28. Cabinet Approves ₹5,000 Crore Capital Support to SIDBI to Strengthen MSME Credit Flow Introduction to the SIDBI Funding Initiative On January 21, 2026, the Union Cabinet of India, chaired by…
RBI forex risk rules are set to change from April 2027. Learn about banks’ net open positions, capital charges, and Basel-aligned reforms for exam preparation. RBI Proposes Changes to Banks’ Forex Position Rules – Comprehensive Analysis for Exam Preparation Introduction: RBI’s Proposal to Revise Forex Position Rules The Reserve Bank of India (RBI) has introduced…
