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Current Affairs

Page-68 of Economic Development

Economic development refers to the process of improving the economic well-being of a region. It involves increasing wealth, reducing poverty, and enhancing living standards. This can be achieved through various means, such as industrialisation, infrastructure development, and education. In India, economic development has been influenced by historical events, government policies, and cultural factors. Sustainable practices are essential for long-term growth.

Ethanol Procurement Price Revised for 2024-25

The Cabinet Committee on Economic Affairs (CCEA) in India has approved a new ethanol procurement price for the Ethanol Supply Year (ESY) 2024-25. This decision is aimed at...

 January 30, 2025

India’s Trade Policy and Its Impact on Industries

In December 2024, the Government of India initiated a safeguard duty probe on steel imports. This decision followed intense lobbying by the Indian Steel Association (ISA). The move...

 January 29, 2025

Africa Energy Summit 2025

The Africa Energy Summit held in January 2025 in Dar es Salaam, Tanzania, marked a very important moment for energy access across the continent. Twelve African nations launched...

 January 29, 2025

Federal Reserve’s Interest Rate Policy

The Federal Reserve (Fed) is poised to maintain its key interest rate at approximately 4.3% during its upcoming policy meeting. This decision follows recent comments from former President...

 January 28, 2025

RBI Implements ₹1.5 Lakh Crore Liquidity Injection

The Reserve Bank of India (RBI) announced measures to enhance liquidity in the banking system. This decision was prompted by a liquidity deficit estimated at ₹3 lakh crore,...

 January 28, 2025

DGFT Launches Enhanced Certificate of Origin System

The Directorate General of Foreign Trade (DGFT) has launched the enhanced Certificate of Origin (eCoO) 2.0 System. This upgrade aims to simplify the certification process for exporters. It...

 January 28, 2025

Utkarsh Odisha Conclave 2025

The Utkarsh Odisha – Make in Odisha Conclave 2025 is poised to be a very important event for the state of Odisha. Scheduled for January 28-29, this two-day...

 January 27, 2025

International Year of Cooperatives 2025

The International Year of Cooperatives 2025 is initiative aimed at enhancing the cooperative sector in India. Under Prime Minister Narendra Modi's leadership, the government is committed to making...

 January 25, 2025

Reserve Bank Revises Guidelines for Asset Reconstruction Companies

The Reserve Bank of India (RBI) has updated its guidelines for Asset Reconstruction Companies (ARCs) to enhance the recovery process from borrowers. The revised 'Master Direction' was issued...

 January 24, 2025

India’s Projected Global Consumption Growth by 2050

India is set to become a major player in global consumption by 2050, rising from 9% in 2023 to 16%. This projection is based on a report by...

 January 23, 2025

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