Posted in Economy Institutions Economy Economy Schemes and Initiatives

Global Risks Report | World Economic Forum

20th Global Risks Report 2025 released.

GDP Estimate 2024-25
Posted in Economy Economy Concepts Economy Institutions

GDP Estimate 2024-25

The National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) recently released the First Advance Estimates of Annual Gross Domestic Product (GDP) for the Financial Year (FY) 2024-25, including its expenditure components at both Constant (2011-12) and Current Prices.

Green Banks
Posted in Economy Economy Institutions Economy Schemes and Initiatives

Green Banks

A recent study by the Council on Energy, Environment and Water (CEEW) and the Natural Resources Defense Council India (NRDC) emphasized the necessity of establishing a green bank in India.

Nidhi Companies
Posted in Economy Institutions Economy

Nidhi Companies

Ministry of Corporate Affairs (MCA) and Registrars of Companies (RoCs) significantly intensified action against Nidhi companies and firms defaulting on beneficial ownership disclosures. 

Posted in Economy Economy Institutions Legislations

Banking Regulation Act, 1949

Banking Regulation Act, 1949 completes 75 Years.

Payment Aggregator
Posted in Economy Economy Concepts Economy Institutions

Payment Aggregator

RBI approves ISG to operate as payment aggregator.

Directorate of Revenue Intelligence
Posted in Economy Institutions Economy

Directorate of Revenue Intelligence

Directorate of Revenue Intelligence (DRI) released ‘Smuggling in India’ report 2023-24

Posted in Economy Economy Institutions

RBI Governor

Sanjay Malhotra was appointed as the 26th Governor of the Reserve Bank of India.

Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Posted in Economy Economy Institutions

Society for Worldwide Interbank Financial Telecommunication (SWIFT)

Trump’s threat to impose 100% tariffs on BRICS nations for ditching the dollar highlights the critical role of SWIFT in global financial transactions, impacting countries like India.

Serious Fraud Investigation Office (SFIO)
Posted in Economy Institutions Economy

Serious Fraud Investigation Office (SFIO)

Bombay HC directs SFIO not to take coercive action against former ICICI Bank CEO Chanda Kochhar

Debt Recovery Tribunals
Posted in Economy Institutions Economy

Debt Recovery Tribunals

Supreme Court issued notice to Ministry of Finance highlighting critical vacancies in Debt Recovery Tribunals (DRTs) across India.

World Bank
Posted in Economy Economy Institutions

World Bank

Recently, the World Bank has increased its lending capacity by 50% through balance sheet optimisation