Economy & Banking Current Affairs
Unified Lending Interface (ULI) Pilot
The Unified Lending Interface (ULI) was launched by the Reserve Bank of India (RBI) to streamline the lending process. Since its pilot inception in August 2023, ULI has facilitated the disbursement of ₹38,000 crore across 7.5 lakh loans. This platform ..
Month: Current Affairs - January, 2025
Category: Economy & Banking Current Affairs
Rising Geo-Economic Fragmentation Threatens Global GDP
The World Economic Forum recently released the Navigating Global Financial System Fragmentation report. It revealed that geo-economic fragmentation could drastically diminish global GDP. This potential impact is set to eclipse the economic fallout from both the 2008 financial crisis and ..
Month: Current Affairs - January, 2025
Category: Economy & Banking Current Affairs
Global Foreign Direct Investment Decline
Global foreign direct investment (FDI) experienced a notable decline of eight per cent in 2024, according to the United Nations Conference on Trade and Development (UNCTAD). This reduction poses risks to achieving the Sustainable Development Goals (SDGs), which heavily depend ..
Month: Current Affairs - January, 2025
Category: Economy & Banking Current Affairs
Sebi’s New When-Listed Trading Platform Explained
The Securities and Exchange Board of India (Sebi) is set to launch a “when-listed” trading platform. This initiative aims to regulate the trading of shares between the allotment phase of an initial public offering (IPO) and their official listing on ..
Month: Current Affairs - January, 2025
Category: Economy & Banking Current Affairs
India’s Manufacturing Vision for Tier 2 and 3 Cities
The Government of India is focusing on enhancing manufacturing capabilities in Tier 2 and 3 cities. This initiative aims to boost the country’s economic growth by increasing the contribution of manufacturing to the Gross Value Added. The Commerce Ministry has ..
Month: Current Affairs - January, 2025
Category: Economy & Banking Current Affairs
India’s Semiconductor and Electronics Manufacturing Initiatives
India is making strides in the semiconductor and electronics manufacturing sectors as it prepares for the Union Budget 2025-26. The Union Finance Ministry has brought into light the government’s successful policies aimed at boosting investments and job creation through the ..
Month: Current Affairs - January, 2025
Category: Economy & Banking Current Affairs
MeitY Releases “Estimation and Measurement of India’s Digital Economy” Report
India’s digital economy has been experiencing rapid growth, contributing to the national income and employment landscape. The Ministry of Electronics and Information Technology (MeitY) has released a very important report titled “Estimation and Measurement of India’s Digital Economy,” aiming to ..
Month: Current Affairs - January, 2025
Category: Economy & Banking Current Affairs
US Withdrawal from OECD Global Tax Deal
Recently, shortly after taking office, US President Donald Trump issued an executive order withdrawing the United States from the OECD’s global tax deal. This agreement, designed to combat tax avoidance by multinational corporations, has been put on hold. What is ..
Month: Current Affairs - January, 2025
Category: Economy & Banking Current Affairs