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.

Centre Proposes New Tax Measures on Crypto Assets

February 25, 2025

Recently, the Government of India announced changes to the taxation of virtual digital assets (VDAs). These changes aim to curb the misuse of cryptocurrencies and enhance tax compliance. The proposed measures will classify VDAs as undisclosed income under the block ..

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Impact of Corporate Tax Cuts

February 25, 2025

The Parliamentary Standing Committee on Finance convened on February 24, 2025, to scrutinise the implications of corporate tax cuts introduced in 2019. This meeting comes as the Union Budget faces review ahead of the parliamentary session reconvening on March 10. ..

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RBI Conducts $10 Billion Dollar/Rupee Swap Auction

February 22, 2025

The Reserve Bank of India (RBI) has announced $10 billion three-year dollar/rupee swap auction. Scheduled for February 28, this initiative aims to address the persistent liquidity deficits within the banking system. The RBI’s recent actions reflect a proactive approach to ..

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Working Hours and Economic Impact in India

February 22, 2025

A working paper titled ‘Time Spent on Employment-Related Activities in India’ was recently released by the Economic Advisory Council to the Prime Minister.  The analysis is based on the 2019 Time Use Survey conducted by the Ministry of Statistics and ..

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New India Co-operative Bank Crisis and DICGC’s Role

February 18, 2025

The New India Co-operative Bank in Mumbai faces turmoil following allegations of a Rs 122 crore fraud. The Reserve Bank of India (RBI) has imposed strict restrictions on the bank. These measures include barring the bank from granting new loans, ..

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Bharat Tex 2025

February 17, 2025

Bharat Tex 2025 is global textile event held in New Delhi from February 14 to 17, 2025. During this event, Prime Minister Narendra Modi announced ambitious targets for India’s textile exports, aiming to increase from ₹3 lakh crore to ₹9 ..

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Key Features of New Income Tax Bill 2025

February 14, 2025

The New Income Tax Bill 2025 aims to modernise and simplify India’s income tax framework. Scheduled to take effect on April 1, 2026, the bill introduces several changes while maintaining existing tax rates and principles. It focuses on clarity, coherence, ..

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SEBI Proposes New Guidelines for ESG Rating Providers

February 14, 2025

The Securities and Exchange Board of India (SEBI) has recently introduced new guidelines for Environmental, Social, and Governance (ESG) Rating Providers (ERPs). These measures aim to enhance transparency and accountability in the ESG rating process. The guidelines clarify the conditions ..

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