Financial News & Current Affairs

India's New Steel Trade Policy - 12% Duty on Imports Explained

India Imposes 12% Safeguard Duty on Steel Imports: What It Means for the Steel Industry

There is a paradigm shift in the steel sector in India after the government announced a 12% safeguard import duty on selected flat steel products out of alloy and non-alloy categories for 200 days. The April 2025 announcement of the move is aimed at protecting domestic manufacturers from a flood

Financial News & Current Affairs

India's GDP Doubles in a Decade: A New Era for the World's Fastest-Growing Major Economy

A historical turning point in the economy in India is 2025. According to the International Monetary Fund (IMF), India's GDP has doubled over the last decade from 2.1 trillion to 4.27 trillion by the year 2025. This astonishing 105% growth is not just a matter of

Financial News & Current Affairs

RBI's New ATM Transaction Rules Take Effect from May 1: Charges, Revised Limits – All You Need to Know

The Reserve Bank of India (RBI) has made major changes to the rules for ATM transactions, which are to be implemented from May 1, 2025. These changes are part of the RBI initiatives to make banking transparent and operationally sustainable within the country and affect millions of customers in India.