JANUARY -
BANKING -
* The Ministry Of Finance Has Announced The Small Saving Schemes Remain Same From 1st January To 31st March 2025.
* RBI Approved The Merger Of Bangalore Based The National Co Op. bank With The Cosmos Co Op
* The State Bank Of India ( SBI) Has Introduced Two New Deposit Schemes HAR GHAR LAKHPARTI And SBI PATRONS .
* India's Real GDP Expected To Rise 6.4% In Financial Year.
* RBI Lifts Restrictions On Asirvad Microfinance And DMI FINANCE.
* UJJALA Scheme Completed 10 Years.
* World's Top Four Competitive Economy Nation 2024
* Singapore
* Switzerland
* Denmark
* Ireland
* Financial Intelligence Unit (FIU-IND) And National Housing Bank (NHB) Signed MoU For Enhanced Coordination And Information Exchange.
* Former Standard Charted Bank MD Sanjeev Mehta Launched The AKASHAVERSE Platform.
* Reserves Bank Of India (RBI) Imposed A monetary Penalties On 3 PSU Banks.
RANKING -
* Tata Consultancy Services (TCS) Become The 2nd Global IT Company To Breached $20 Billion Brand Value.
COMBINATION -
* Competition Commission in India (CCI) Approved The Combination Involving Inter Alia, Agro Tech Food Limited (ATFL) , Bharati Enterprises Limited (BEL), DMPL India Limited (DMPL) And Del Monte Foods Private Limited (DMFPL)
* BPCL Board Approved Formation Of Joint Venture Company With Praj Industries For Settings Up CNG Plants Across India.
* Department Of Commerce Introduce Diamond Imprest Authorization Scheme To Boost The Global Competitive Of Diamond Sector.
* The securities And Exchange Board Of India (SEBI) Is Planning To Bring in A System Where Investor Can Sell Shares As They Are Alloted in An Initial Public Offering To Curb Grey Market Trading.
BANKING COMMITTE -
Reserves Bank Of India Has Announced A Standing External Advisory Committee For Evaluating Application For Universal Bank And Small Finance Bank
* M K Jain (Former Deputy Governor Of RBI Chairperson Of Committee)
ECONOMY -
* India Has Surpassed Saudi Arabia To Become Europe's Largest Supplier Of Refined Fuels.
* India's Iphone Exports Reached To Rs 1 Lakh Crores. in CY 2024.
* India's Trade Deficit Stand At 21.94 Billion Dollar In December 2024.
* Startup India Completed 9 Years.
* International Monetary Fund (IMF) Released The GDP Of 2025 (Forecast)
India's 6.5 According To Forecast.
* According To Google BCG Report India's Mobility Market Will Double Surpassing USD 600 Billion By 2030.
* India's Mobile Phone Exports Surpassed a Record of $20.4 billion In 2024.
( $14.2 billion In 2023)
* India Is Now World's 7th Largest Producer Of Coffee With Export Of 1.29 $ billion In FY 2024
( 719.42 million in 2021)
* NTPC Has Achieved The Fastest Ever 350 Billion Unit Generation On 20th January 2025 For FY 2024
* Government E Marketplace Set A New Record Crosses 4 Lakh Crores GMV In Last 10 Months In FY 2024/25
* The Directorate General Of Foreign Trade (DGFT) Has Launched The Enhanced Certificate Of Origin ( eCoO) 2.0 System.
PRODUCTION -
* The Total Coal Production In December 2024 Reached 97.94 Millions Tonnes
* Year Review Of Renewable Energy 2024
* 27 GW OF Renewable Energy Capacity Added in FY 2024.
* Solar Energy Capacity Reaches 94.17 GW
* WIND Energy Reaches To 47.96 GW
* PM SURYA GHAR MUFT BIJLI Yojana Achieved 7 Lakhs Installation In Last 10 Months ( An Average Of 70k/Months)
* Lakshadweep Installed First Solar Plant Was Inaugurated In Kavrarti
APPOINTMENTS -
* Dr Sandip Shah Has Been Appointed As The Chairperson of NABL (National Accreditation Board For Testing And Calibration Laboratory)
* Pirmal Pharma Appointed Sai Ramanna Ponugoti As CEO
* Sanjeev Kumar Sharma Has Been Appointed As The CFO Of Signature Global.
* State Bank of India (SBI) Appoints Baldev Prakash As DMD And Group Chief Risk Officer.
* Ashok Chandra Has Been Appointed As The Managing Director And CEO Of Punjab National Bank (PNB).
* Binod Kumar Has Been Appointed As The New Managing Director And CEO Of Indian Bank.
* 2011 Madhya Pradesh IAS Anugraha P Has Been Redesigned As The Director Of The Department Of Pharmaceutical.
* Reliance Power Appoints Neeraj Parakh As CEO Of Company.
* Linked In Appoints Deepak Agarwal As Its Chief AI Officer.
* Former Chief Executive Officer At Disney Hotstar Sajith Sivanandan Has Been Appointed As President Of JIO Mobile Digital Services
* Dhananjay Shukla Has Been Elected As The President Of The Institute Of Company Secretaries Of India ( ICSI) For 2025.
* Alok Kumar Agarwal Has Been Appointed As The CEO Of Kotak General Insurance.
* P Suriraj Takes Charge As The Executive Director Of Dhanlaxmi Bank.
* Deshnee Naidoo Has Appointed As The FIRST CEO Of Vedanta Resources.
MOU SIGNED -
* The National Stock Exchange (NSE) And Chhattisgarh Government Has Signed A MoU To Implement a Student Skill Building Programme.
EXPORT VALUE -
* India's Coffee Export Have Been Reached a Record High Of $ 1.15 billion In Financial Year 2024.
FINANCE -
* Government Of India Has Collected 1.76 lakh Crores in December 2024.
* 172 Billion Transaction Done By UPI In 2024 ( 247 Trillion In Value)
* 16.73 billion Transaction Done In December 2024 (23.25 Lakh Crores Transaction)
* Maharashtra Has Received Rs 1.13 Lakh Crores Foreign Direct Investment ( FDI) In Last Six Months.
* Indian Space Startup Has Raised $ 353 Million Across 72 Funding Rounds In Last 5 Years (2020-2024)
* December GST OF ALL STATE 2024
* India's Foreign Exchange Reserves Declined By 8.7 billion Dollars To 625.87 Billion Dollars. ( TILL 15 TH JANUARY 2025)
AWARDS -
* Shri S Bharathan, Director Of HPCL has Honoured With The Hickal's CHEMCON Distinguished Speaker Award
* Paradeep Port Has Been Conferred Major Port Of The Year During The 10th Comtanizered Cargo At 10th Eastern Star Award 2025
* HUDCO Has Conferred With The WCDM Award 2024 At New Delhi.
* iGOT Karmayogi Under Mission Karmyogi Has Earned The Silver Award At NAeG Award 2024.
* POWERGRID Has Won The Prestigious Brandon Hall Group HCM Excellence Award 2024.
FEBRUARY -
ECONOMY -
* Government Of India Has Collected 1.96 Lakh Crores GST ON January 2025.
* Gujarat Has Reduced It's Debt To GSDP Ratio By 4.5%.
* Bharat Sanchar Nigam limited (BSNL) Has Registered A Profit Of Rs 262 Crores In Third Quarter Of 2024/25.
* India's Overall Exports (Merchandise And Services) Increases To USD 74.97 Billion in January 2025.
* State Bank Of India (SBI) Has Named The Most Valuable State Controlled Company In India In 2024 Burgundy Private Hurun India 500 Report.
* State Bank Of India (SBI) Estimated Indian Economy Grow In Fourth Quarter (OCT- DEC) 6.2-63%.
RANKING -
* India Hold The 5th Rank In The World's Top Economies With The GDP Of $4.3 Trillion in 2025. ( In Last 10 Years Comparison)
* US - $ 23.7 T (2015) - 30.3 T (2025)
* CHINA - $ 11.2 T (2015) - 19.5 T (2025)
* GERMANY - $4.5 T (2015) - 4.9 T (2025)
* JAPAN - $ 4.1 T (2015) - 4.4 T (2025)
* INDIA - $2.4 T (2015) - 4.3T (2025) (77% Increase)
* India's Real GDP GROWTH Rate Of 9.2% For 2023/24 (Highest Ever In Last 12 Years).
* FY 2025 GDP (ESTIMATE)
* Uttar Pradesh State Government Has Presented Worth Rs 8,08,736 Crores For FY 2025/26.
* UPI TRANSACTION In January 2025 Surpassed 16.99 Billion, Rs 23.48 Lakh Crores.
* RBI Imposed Penalty Of Rs 66 Crores On HSBC For Non Compliance Of KYC.
SEBI -
* Securities And Exchange Board Of India (SEBI) Has Implement A New Rule For Investment In SIF.
* Only Mutual Fund With 3+ Years Of Operation And Rs 10,000 Crores AUM To Launch The SIFs.
* Minimum Investment Of Rs 10 Lakh Per Investor Across All SIF Strategies.
* AMFI To Issue Guidelines By March 31.
RBI REPORT ON PRIVATE COMPANY -
* RBI Released The India's Private Sector Companies Report In 2023/24
* Operating Profit grows By 15.3% From 4.2%.
* Manufacturing Profit Rose By 13.2%.
* Post Tax Profit 16.3%.
PORTAL -
* Reserve Bank Of India (RBI) Has Launched The RBIDATA Mobile Application.
( That Provide Macro Economics Stats)
* NHPC Limited Has Certified With The GREAT PLACE TO WORK CERTIFICATION.
* Paytm Launched India's First Solar Soundbox For Merchant.
HOST -
* The Asia Economic Dialogue (AED) Schedule To Held At 20-22nd February 2025 In Pune, Maharashtra
* Union Finance Minister Nirmala Sitharaman Has Announced The Enhancement Of The Limit For The Interest Subvention Scheme For Kisan Credit Card From Rs 3 Lakh To 5 Lakhs.
* India's Retail Inflation Eased To 4.31% In January 2025 As Compared To 5.22% In December 2024.
* NTPC Has Been Included In The TIMES BEST COMPANIES ASIA PACIFIC 2025
* TOP FIVE STATES WITH MOST NITI AYOG FISCAL HEALTH INDEX IN 2024
DEVOLUTION REPORT -
* Union Minister Of State Professor S P Singh Baghel Has Released The Report On Status Of Devolution To Panchayat In States In New Delhi.
* Devolution To Rural Bodies Increased From 39.9% To 43.9% Between 2013/14 To 2023/24.
* Karnataka Topped The Devolution Ranking
* Second - Kerala THIRD - Tamilnadu
NEW INCOME TAX BILL 2025 -
* On 13th February 2025 Union Finance Minister Nirmala Sitharaman Presented The New Income Tax Bill At Lok Sabha.
* SIMPLE To Understand
S - Streamline Structure And Language
I - Integrated And Concise
M - Minimize Litigation
P - Practical And Transparent
L - Learn And Adapt
E - Efficient Tax Reform
* objective To Reviewing IT Act Of 1961
HISTORY OF INCOME TAX ACT 1961
* ACT WAS Introduced In 1961
* With 47 Chapters And 819 Sections
* 65 Times Act Amended Till Now
*
PROCESS INVOLVING DRAFT NEW IT BILL -
* Planning Initiated In August 2024 With 6 Sub Committee
* 14 More Sub Committee Added On September 2024 22 In October 2024
* total Sub Committee Was 26
* All Sub Committee Has Submitted Draft To The TPL Division Of CBDT (CENTRAL BOARD OF DIRECT TAXES) Which Is Coordinate By Ministry Of Law And Justice By December 2024
* The Committee Studied The Two Direct Draft Tax Code
*
*
*
APPOINTMENTS -
* The Appointment Committee Of The Cabinet Has Approved The Appointment Of
IAS Rajeev Singh Thakur As Advisor To NITI AYOG.
* Dr Madhavan Kutty G Has Been Appointed As The Chief Economist Of Canara Bank.
* K Balasubramaniam Has Been Appointed As The New Head Of Citibank.
* Shreekant, Former Chief General Manager Of State Bank Of India (SBI) Appointed As The Administrator To Observes The New India Cooperative Bank Financial.
* Religare Enterprise Has Appointed Praveen Kumar Tripathi As Chairperson.
* Lok Sabha MP Baijayant Panda Has Been Appointed As The Chairperson Of The Committee To Examine The Income Tax Bill 2025.
* Standard Charted Appoint P D Singh As India' CEO.
* JSW MG Motor India Appoints Anurag Mehrotra As Managing Director.
* Indian Overseas Bank Appoints Madhaw Chandra Jha As The CFO Of The Bank.
* SBI Card Appoints Salila Pande As New Managing Director And CEO.
* 1987 Batch Odisha cadre IAS Tuhin Kant Pandey Has Been Appointed As The New Chairman Of SEBI. ( RECENTLY FINANCE DEPARTMENT)
* Shri Biju George Has Assumed As The CMD Of Mazagon Shipyards Ducks Limited (MDL).
* N Chandrasekhran Has Appointed As The Chairman Of The Ratan Tata Endowment Foundation.
STEPS DOWN -
* Sachin Bansal Has Steps Down As NAVI CEO
* India Achieved A Historic Milestone Of 100 GW Solar Power Capacity.
*
TRADING -
* India Is The 6th Largest Exporter Of Textiles And Apparels ( Economic Surveys)
* India Exports USD 34 Billion Textile in 2023
BANKING -
* RBI Launched Bank. In Domain To Tackle Financial Frauds.
& Non Banking Financial Entitles - Fin. In
* RBI Announced The Repo Rate 6.25%.
* Standing Deposit Facility ( SDF) At 6.0%
* Marginal Standing Facility (MSF) At 6.5%
* Bank Rate At 6.5%
* RBI Estimate The Real GDP GROWTH 6.7%
* The Reserve Bank Of India (RBI) Has Lifted The Business Restrictions Imposed On Kotak Mahindra Bank Limited
* RBI Approved The Setting Up Of An IFSC Banking Unit In GIFT City, Gandhinagar, Gujarat. ( Of Bank Of Maharastra)
* The Reserve Bank Of India (RBI) Has Restrictions On New India Cooperative Bank.
* Paytm Partners With SBI Mutual Fund Launched The JAN NIVESH SIP OF 250.
* Union Finance Minister Nirmala Sitharaman Has Launched The Mutual Credit Guarantee Scheme For MSME In Mumbai.
* BPCL & BRITANIA Have Been Excluded From NIFTY 50.
DIGITAL PLATFORM -
* Securities And Exchange Board Of India (SEBI) Has Launched The MITRA Digital Platform To Assist Investors In Tracking And Reclaiming Inactive Or Unclaimed Mutual Fund Folios.
AWARDS -
* COAL INDIA Has Won GOLDEN PEACOCK CSR Award 2025.
* Shri Naveen, Srivastava, Director POWERGRID Has Been Honoured With The Prestigious GEEF Global HSE Leader Of The Year 2025.
* NTPC Has Been Honoured With The FORWARD FASTER SUSTAINABILITY Award In The Water Resilience Category By UN Global Compact Network India (UN GCNI) In Chennai.
* Hindustan Petroleum Corporation Limited (HPCL) Has Win The First Place In Best Enterprise Award At The Maharatna Category.
BUDGETS -
* Railway Budgets For States -
* 23,778 Crores For Maharashtra
* 19,858 Crores For Uttar Pradesh
* 17,155 Crores For Gujarat
* 14,745 Crores For Madhya Pradesh
* 13,955 Crores For West Bengal
* 10559 Crores For Odisha
* 10066 Crores For Bihar
* 9960 Crores For Rajasthan
* 9417 Crores For Andhra Pradesh
* 7559 Crores For Karnataka
* 7302 Crores For Jharkhand
* 6925 Crores For Chhattisgarh
* 6626 Crores For Tamilnadu
* 5421 Crores For Punjab
* 5337 Crores For Telengana
* 4641 Crores For Uttarakhand
* 3416 Crores For Haryana
* 3042 Crores For Kerala
* 2716 Crores For Himachal Pradesh
* 2593 Crores For Delhi
* 482 Crores For Goa
KERALA -
Kerala Finance Minister K N Bakagopal Presented The State Budget For 2025/26
* Union Finance Minister Nirmala Sitharaman Has Presented The Union Budget for FY 2025/26. (Estimated)
*
* Total Receipts Other Than Borrowing - 34.96 Lakh Crores
* Total Expenditure - 50.65 Lakh Crores
* Fiscal Deficit - 4.4% Of GDP
NUCLEAR ENERGY MISSION -
* Development Of Atleast 100 GW Of Nuclear Energy By 2047.
* Nuclear Energy Mission For R & D Of Small Modular Reactors With An Outlay Of 2000 Crores
* A Bharatiya Bhasha Pusthak Scheme To Be Implement For Indian Language Books For Schools And Higher Education.
* National Institute Of Food Technology, Entrepreneurship And Management To Be Set Up In Bihar.
* FDI Limit For The Insurance Sector To Be Raised From 74% To 100%.
* Makhana Board To Be Set Up In Bihar.
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