Page-5 of Economy & Banking Current Affairs

WHO Receives $700 Million Pledges for 2025-2028 Budget

October 15, 2024

During an event in Berlin, the World Health Organization (WHO) announced it has received $700 million in new funding pledges for its 2025-2028 budget. This is in addition to the $300 million already promised by both the European Union and ..

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World Bank Establishes Fund to Support Ukraine’s Recovery

October 11, 2024

The World Bank has created a special Financial Intermediary Fund (FIF) to help Ukraine as it continues to face challenges from the ongoing war with Russia. Countries like the United States, Canada, and Japan are expected to contribute money to ..

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Southern States Lead in GDP Contribution

September 19, 2024

A recent report by the Economic Advisory Council to the Prime Minister (EAC-PM) has highlighted large differences in how different Indian states are doing economically. The report shows that some states, especially in the south, are growing quickly, while others, ..

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54th GST Council Meeting

September 11, 2024

The 54th Goods and Services Tax (GST) Council meeting took place in New Delhi, led by Finance Minister Nirmala Sitharaman. The council focused on adjusting tax rates for essential items, including health insurance, cancer drugs, and snacks. Major Decisions Made ..

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India’s Forex Reserves Hit Record High of USD 683.987 Billion

September 7, 2024

India’s foreign exchange reserves reached a new record of USD 683.987 billion. This increased by USD 2.299 billion in just one week, continuing an upward trend from the earlier high of USD 681.688 billion. Growth Trend in 2024 In 2024, ..

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Berkshire Hathaway First Non-Tech Company to Hit $1 Trillion

August 30, 2024

Berkshire Hathaway, led by Warren Buffett, made history by becoming the first non-technology company to reach a market value of $1 trillion, on August 28. This achievement came after a key decision to sell nearly half of its shares in ..

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RBI Announces Future Launch of Unified Lending Interface (ULI)

August 27, 2024

The Unified Lending Interface (ULI) is a new technology platform that the Reserve Bank of India (RBI) plans to introduce across the country. Its main purpose is to make it easier and faster for people, especially those in rural areas, ..

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Jackson Hole Symposium 2024

August 23, 2024

The Jackson Hole Economic Policy Symposium is a yearly event that gathers important people like central bankers, economists, and policymakers from around the world. It is organized by the Federal Reserve Bank of Kansas City. Since it began in 1978, ..

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