Economy & Banking Current Affairs
India’s Poverty Statistics (2011-2023)
India has made remarkable progress in reducing poverty over the past decade. According to a World Bank report, extreme poverty has decreased, with 171 million people lifted above the poverty line between 2011 and 2023. The report marks the disparities ..
Month: Current Affairs - April, 2025
Category: Economy & Banking Current Affairs
Non-Tariff Barriers
Non-Tariff Barriers (NTBs) have emerged as an issue of contention in US-India trade ties. Recently, US Vice President JD Vance emphasised the need for India to remove these barriers to enhance market access. Definition of Non-Tariff Barriers Non-Tariff Barriers refer ..
Month: Current Affairs - April, 2025
Category: Economy & Banking Current Affairs
“Power Hungry: How AI Will Drive Energy Demand” Report
The integration of artificial intelligence (AI) into global economies is projected to enhance annual GDP growth by approximately 0.5% from 2025 to 2030. This growth is expected to surpass the costs associated with increased carbon emissions stemming from energy-intensive data ..
Month: Current Affairs - April, 2025
Category: Economy & Banking Current Affairs
Standing Deposit Facility (SDF)
The Standing Deposit Facility (SDF) has become important tool for the Reserve Bank of India (RBI) in managing liquidity in the banking system. Introduced on April 8, 2022, the SDF allows banks to deposit surplus funds with the RBI without ..
Month: Current Affairs - April, 2025
Category: Economy & Banking Current Affairs
Geopolitical Risks and Their Economic Impacts
Recent global tensions have heightened geopolitical risks, impacting economic and financial stability worldwide. Events such as wars, diplomatic conflicts, and terrorism can disrupt trade and investment. These disruptions can lead to declines in asset prices and curtail lending, which ultimately ..
Month: Current Affairs - April, 2025
Category: Economy & Banking Current Affairs
RBI’s New LCR Guidelines
Recently, the Reserve Bank of India (RBI) released the final guidelines for the Basel III Liquidity Coverage Ratio (LCR). These rules are more relaxed compared to the earlier draft shared in July 2024. New LCR rules will be effective from ..
Month: Current Affairs - April, 2025
Category: Economy & Banking Current Affairs
New Exploration Licensing Policy
India’s oil and gas sector has seen a remarkable surge in investment, attracting over $36 billion. This growth has resulted in 177 hydrocarbon discoveries, as reported by the Petroleum Ministry. The catalyst for this investment boom was the New Exploration ..
Month: Current Affairs - April, 2025
Category: Economy & Banking Current Affairs
India-US Trade Agreement Negotiations
Recently, India and the United States are advancing towards bilateral trade agreement (BTA). The negotiations are set to begin in Washington, DC, with a focus on an “early tranche” of discussions. This initial phase aims to address a limited set ..
Month: Current Affairs - April, 2025
Category: Economy & Banking Current Affairs
Women in India’s Manufacturing Sector
India’s manufacturing sector plays a vital role in its economy, contributing nearly one-fifth of the GDP. However, women’s participation in this sector remains alarmingly low. The share of women in India’s formal manufacturing workforce declined from 20.9% in 2015-16 to ..
Month: Current Affairs - April, 2025
Category: Economy & Banking Current Affairs
UNCTAD’s “Trade and Development Foresights 2025” Report
UNCTAD recenty released a report titled “Trade and Development Foresights 2025 – Under Pressure: Uncertainty Reshapes Global Economic Prospects”. According to the report, growth is expected to decline to just 2.3 per cent. This marks a stark contrast to pre-pandemic ..
Month: Current Affairs - April, 2025
Category: Economy & Banking Current Affairs