Context: IndiGo and IDFC FIRST Bank have jointly introduced the IndiGo IDFC FIRST Credit Card, a premium co-branded product offering both Mastercard and RuPay networks under one application. This innovation aims to democratise premium travel benefits, improve payment flexibility, and strengthen IndiGo’s BluChip loyalty program. Key Features & Benefits: Mint

Context: AU Small Finance Bank (AU SFB) has enabled UPI services for NRE and NRO account holders using international mobile numbers, in line with NPCI’s directive. NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts are bank accounts for Non-Resident Indians (NRIs) to manage their finances in India. Key Highlights: About AU Small Finance Bank (AU SFB) BL

Context: The Securities and Exchange Board of India (SEBI) is considering measures to extend the tenure of derivative (Futures & Options – F&O) contracts. This move comes amid growing concerns that weekly options trading has become excessively speculative, with data showing that nearly 90% of retail traders incur losses in this segment. Key Highlights: Long-Tenure Derivatives Long-Tenure Derivatives are financial contracts in the derivatives market with a longer duration until expiry, as opposed to short-term or weekly contracts. These derivatives allow investors and institutions to hedge risks or make investments over a longer horizon, rather than engaging in rapid speculative trades. A derivative is a financial contract whose value is derived from an underlying asset, such as a stock, commodity, bond, or currency.  Key Features: TOI

Context: SBI Mutual Fund (MF) has introduced a new Dynamic Asset Allocation Active Fund of Funds (FoF) to offer investors a diversified investment solution that adapts to changing market conditions. Objective: Provide investors with a convenient one-fund solution by leveraging multiple actively managed equity and debt strategies. Dynamic Asset Allocation Active Fund of Funds (FoF) Dynamic Asset Allocation Active Fund of Funds (FoF) is a type of investment strategy in the mutual fund space that dynamically manages investments across different asset classes (equity, debt, gold, etc.) by investing primarily in other mutual funds rather than directly in securities. Key Features: BS

Context: The Reserve Bank of India (RBI) has released a discussion paper reviewing India’s Flexible Inflation Targeting (FIT) framework, questioning whether the current 4% inflation target continues to be optimal for balancing growth and price stability in a rapidly growing emerging economy. Background Flexible Inflation Targeting (FIT) Flexible Inflation Targeting (FIT) is a monetary policy framework adopted by central banks, including the Reserve Bank of India (RBI), to control inflation while supporting economic growth. Key Features: Significance: BS

Context: The Securities and Exchange Board of India (SEBI) is exploring the creation of a regulated venue for pre-listing trading of company shares to bring transparency to the grey market and aid in fair price discovery. What is it? A formal SEBI-supervised platform allowing the trading of shares of unlisted companies before their Initial Public Offering (IPO). It aims to replace the opaque grey market with a transparent, legal system. Objectives About the Grey Market Significance of SEBI’s Move ET