Economy & Banking Current Affairs

Economy, Banking and Finance Current Affairs 2024-2025 covers all Current Affairs related to Indian Economy, Finance, Agriculture, Industry and Banking Sector. These updates are suitable for every competitive exam of India.

India and EFTA – Trade Agreement

November 25, 2024

Commerce Secretary Sunil Barthwal recently visited Norway, and aimed to discuss the swift implementation of a free trade agreement. This agreement is between India and the European Free Trade Association (EFTA). EFTA consists of Iceland, Liechtenstein, Norway, and Switzerland. The ..

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Telangana to Establish Joint Consultative Committee with CII

November 25, 2024

The Telangana government is actively exploring new industrial policies and a joint consultative committee with the Confederation of Indian Industry (CII) is on the horizon. This committee aims to address industrial challenges in the state. Industries and IT Minister D. ..

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Tamil Nadu’s SGST Collections Surge in 2024

November 25, 2024

Tamil Nadu has reported important growth in its State Goods and Services Tax (SGST) collections for the fiscal year 2024-25. The increase stands at 20.12%, the highest among major states of India. Provisional figures indicate collections reached ₹35,414.05 crore, a ..

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Confederation of Indian Industry (CII) Launches Strategy Cell

November 25, 2024

The Confederation of Indian Industry (CII) has initiated a strategy cell in Coimbatore, which aims to support businesses in their growth journey. It was established to assist selected industries in becoming global players. Structure of the Strategy Cell The strategy ..

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IMF Approves Sri Lanka’s Third Bailout Review

November 25, 2024

The International Monetary Fund (IMF) has recently approved the third review of Sri Lanka’s $2.9 billion bailout on November 23, 2024. The country’s economy remains fragile despite the approval and will release approximately $333 million, raising total funding to about ..

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India Among Top 10 Countries with AI Readiness

November 23, 2024

India is emerging as a leader in Artificial Intelligence (AI) readiness,  highlighting its strong potential to enhance public services. The Boston Consulting Group’s report assesses AI readiness across 73 countries. India ranks second globally for AI specialists and third for ..

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India’s Foreign Exchange Reserves 2024 – Update

November 23, 2024

India’s foreign exchange reserves are crucial for economic stability. On November 15, they stood at $657.89 billion which includes $65.75 billion in gold. The reserves had previously reached $675.65 billion on November 8. A decline of $17.7 billion occurred due ..

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India and Maldives Enhance Currency Cooperation

November 23, 2024

The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) have recently signed a very important agreement, which aims to facilitate transactions using local currencies. The Indian Rupee (INR) and the Maldivian Rufiyaa (MVR) will now be used ..

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