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Bitcoin Soars Past $110K Amid US Crypto Bill Why in the News? Bitcoin reached an all-time high of $110,000 after the US Senate advanced the GENIUS Act, a bipartisan crypto regulation bill. The legislation focuses on stablecoin regulation, boosting investor confidence and signaling a pro-crypto shift in US policy. Impact on Bitcoin and Market Confidence: …
Read MoreRBI Approves Record ₹2.68 Lakh Cr Dividend Transfer Why in the News? The RBI Board approved a record surplus transfer of ₹2.68 lakh crore to the Central Government for FY 2024-25. This decision, under the revised Economic Capital Framework, will support fiscal consolidation amid domestic and global economic uncertainties. The move comes as part of …
Read MoreWhy in the news? UNCTAD forecasts India’s economy to grow 6.5% in 2024, citing multinational companies’ expanded manufacturing processes boosting exports. source:researchgate About UNCTAD Predicts 6.5% Growth for Indian Economy in 2024: A UN report forecasts India’s economy to grow by 6.5% in 2024. Highlights the role of multinational companies expanding manufacturing processes in India. …
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