CURRENT AFFAIRS

Given the increasing impact of climate change and natural disasters, it has become necessary for the Indian financial system to adopt the concept of Disaster Risk Insurance. Most of the population of India is facing unexpected damage and loss. Catastrophe Bonds or Cat Bonds can be an effective solution to deal with this situation.

The Indian government is deciding to boost exports through Quality Control Orders (QCOs) instead of providing subsidies to the export sector.

What is it: The Securities and Exchange Board of India (SEBI) has decided to make a valid UPI address mandatory for registered intermediaries.

Reserve Bank of India (RBI) Governor Sanjay Malhotra has announced a cut in the repo rate by 50 basis points.

On May 28, 2025, the Union Cabinet approved the continuation of the Interest Subvention component of the Modified Interest Subvention Scheme for the financial year 2025-26.

The Sustainable Finance for Tiger Landscapes Conference (SFTLC) was held in Bhutan, under the leadership of the Royal Government of Bhutan.

PFRDA has notified the Operationalization of Unified Pension Scheme under National Pension System Regulations, 2025, marking a major reform for Central Government employees under the National Pension System (NPS).

As per the amendments proposed in the Finance Act, 2016, the Equalisation Levy (also known as Digital Tax) on online advertisements will not apply from April 1, 2025, onwards. 

The ISI Mark is one of the most trusted quality assurance symbols in India.

The space economy refers to the full range of activities involved in the exploration, research, development, and commercialization of space.