Economy Current Affairs

ADB approves USD 484 mn loan to improve CKIC in Tamil Nadu

The loan has been approved to improve the road maintenance and transport connectivity in the Chennai-Kanyakumari Industrial Corridor- CKIC in Tamil Nadu.

RBI to periodically publish Financial Inclusion Index: What is it? All you need to know

The Financial Inclusion Index will measure the extent of financial inclusion in the country. Read more to know when it will be published. 

RBI increases limit of maximum balance for payment banks

The limit of maximum end-of-day balance for the payment banks is increased from Rs. 1 lakh per individual to Rs. 2 lakh with an immediate effect.

RXIL becomes first TReDS platform to cross Rs 1,000 monthly throughput, What is RXIL? Explained

The Receivables Exchange of India Ltd (RXIL) crossed the monthly transaction volumes of Rs 1,000 crore in the month of March. What does it mean for the economy? Read here.

IMF upgrades India’s growth forecast to impressive 12.5 per cent in 2021

India's projected growth rate in 2021 is stronger than that of China which was the only major economy globally to have a positive growth rate amid the pandemic in 2020.

RBI's Bi-monthly Monetary Policy Review: Repo rate unchanged at 4%, real GDP projection retained at 10.5%

The MPC has retained the projection of real GDP growth for 2021-22 at 10.5 percent, informed RBI Governor Shaktikanta Das.

Indian government provides NRs 800 crores financial aid to Nepal for road construction project

The Government of Nepal has identified 10 priority roads to be built under the Indian Government funding of NR 800 crores. 

Current Affairs Live Updates: 2nd Phase of Polling in WB, Assam, Immunization Drive for 45 and Above Begins, Get Latest & Daily Current Affairs Updates Here

Current Affairs Live Blog: Today i.e. on 1st April, the 2nd Phase of Polling will commence for the on-going assembly elections and also the COVID-19 immunization drive will be opened to people of 45 years and above. To help UPSC, Banking, SSC and other government exam aspirants and competitive exam candidates, a detailed digest consisting of all the important topics of the day has been prepared below. Candidates can find, UPSC IAS Current Affairs, SSC current affairs, IBPS PO Exam Current affairs related study material links here. Catch the most important news, updates, events and highlights related to current affairs of the day here.

Keep refreshing this page to get Latest & Daily Current Affairs Updates

Current Affairs Live Updates: 2nd Phase of Polling in WB, Assam, Immunization Drive for 45 and Above Begins, Get Latest & Daily Current Affairs Updates Here

Current Affairs Live Blog: Today i.e. on 1st April, the 2nd Phase of Polling will commence for the on-going assembly elections and also the COVID-19 immunization drive will be opened to people of 45 years and above. To help UPSC, Banking, SSC and other government exam aspirants a

India’s healthcare sector expected to reach USD 372 bn in 2022

The Niti Aayog report titled ‘Investment Opportunities in India’s Healthcare Sector’ mentioned that the healthcare sector in the country has the potential to create 27 lakh jobs between 2017 and 2022.

Top 6 Financial Changes that will impact you from April 1st

From changes in take-home salaries to new income tax rule for EPF and TDS and seven public sector bank mergers, here are some of the major financial changes that will come into effect from April 1, 2021. 

World Bank raises India's FY22 GDP forecast to 10.1 percent from earlier 5.4 percent 

The World Bank noted that the increase in foreign direct investment in India in 2020 was enough to make South Asia the only major region in the developing world to see an upturn in FDI in 2020. 

World Development Report 2021: WB report calls for new social contract for data, equitable access to data

The World Development Report 2021 noted that new rules are needed for data to realize its potential to transform lives and for the same- a social contract for data is needed. 

Government proposes up to 25% concession on road tax against a vehicle scrapping certificate

In the case of non-transport vehicles, the concession on the motor vehicle tax will be 25% and 15% in the case of transport vehicles.

Government approves issuance of 16th tranche of electoral bonds

The electoral bonds have been pitched by the government as an alternative to the cash donations that are made to the political parties. The bonds are part of efforts to bring transparency in the political funding.