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Weekly Current Affairs

Category : Business and economics
Published on: May 10 2026 Share on facebook

  • India Post Payments Bank launches zero-balance savings account for Self Help Groups.
  • 5th India-Tanzania Joint Trade Committee meeting held in Dar es Salaam; bilateral trade crosses USD 9 billion.
  • Singapore and New Zealand signed the world’s first legally binding Agreement on Trade in Essential Supplies (AOTES) on May 4, 2026, to ensure uninterrupted flow of critical goods even during crises.
  • India allowed 100% FDI through automatic route in the insurance sector including brokers, TPAs and loss assessors, with LIC retaining 20% cap.
  • Indian firms pledged a record $20.5 billion investment in the US, boosting bilateral trade goals.
  • NSE launched Electronic Gold Receipts (EGRs) for secure digital gold trading with physical backing.
  • The Cabinet approved a ₹5,659 crore mission to boost cotton productivity and farmer income by 2031.
  • India and EU launched a ₹169 crore joint project for EV battery recycling under the Trade and Technology Council.
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