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Recent Current Affairs related to Visa

6 News
10 July 2026 REPORTS

According to the '5th annual edition of the Global Passport Index (GPI)' released by the Global Citizen Solutions (GCS), India is ranked 125th among 197 countries with a composite score of 45.1.

Sweden holds the top position with an overall score of 96.05, followed by Switzerland, Finland, Germany, and the Netherlands. In the GPI 2026, India is ranked 136th in the Enhanced Mobility Index, 118th in the Quality of Life Index, and 94th in the Investment Index.

2 July 2026 REPORTS

The Ministry of Tourism and NITI Aayog have jointly launched a report titled "Unlocking Growth in Tourism and Hospitality Sector: Recommendations for Non-Financial Regulatory Reforms". The report provides 49 recommendations across 14 reform areas to streamline the sector.

The strategic plan aims to expand India's tourism economy to $3 trillion and attract 100 million inbound international visitors by 2047.

It is to be noted that according to the Travel & Tourism Development Index (TTDI), India ranks 6th globally in Natural Resources and 9th in Cultural Resources. Despite this, India ranks 39th overall on the TTDI and currently accounts for less than 1.5% of global international tourist arrivals.

5 June 2026 BANKING

Karur Vysya Bank (KVB) has launched 4 new premium credit card portfolios on the Visa platform.

The portfolios are Aura (Visa Platinum), Samara (Visa Signature), Altura (Visa Infinite), and Eternis (Visa Infinite). This launch is part of the strategy of the bank to strengthen its offerings for affluent and lifestyle-focused customers.

21 May 2026 BANKING

ICICI Bank, in partnership with Visa, has launched India’s first USD-denominated debit card for Non-Resident Indian (NRI) customers.

The card was introduced through the International Financial Services Centre (IFSC) Banking Unit (IBU) located at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat. The card is built on the Visa Infinite platform, which is the highest tier in the Visa network.

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