Community & General News
FM delivers a keynote address at the inauguration of the Sri Lanka Economic Summit 2020
02 December 2020 at 10:26The FM highlighted the measures taken by India to address the challenges related to the pandemic. She also highlighted that cooperation between India and Sri Lanka would be beneficial for sustained growth.
US$28.1 billion FDI inflows into the country during the July-September quarter
30 November 2020 at 09:59FDI Equity Inflows during the first half of 2020-21 have shown 15% growth in US$ terms and 23% growth in Rupee terms
GDP contracts by 7.5% in the second quarter of the year 2021
28 November 2020 at 10:15Q2 GDP at - 7.5% buttresses recovery as captured by several high-frequency indicators. The economic impact is primarily due to #COVID19, good news is falling daily cases are due to lower transmission & not due to lower testing.
FM Smt. Nirmala Sitharaman holds 5th review meeting on CAPEX of CPSEs to boost expenditure in the economy
28 November 2020 at 10:14While reviewing the performance of CPSEs, Smt. Sitharaman said that CAPEX by CPSEs is a critical driver of economic growth and needs to be scaled up for the FYs 2020-21 & 2021-22.
Monthly Review of Accounts of Union Government of India up to the month of October 2020 for the FY 2020-21
28 November 2020 at 10:14GoI has received Rs. 7,08,300 crores up to October 2020 comprising Rs. 5,75,697 crores Tax Revenue, Rs. 1,16,206 crores of Non-Tax Revenue and Rs. 16,397 crores of Non-Debt Capital Receipts.
The Government of India announces the Sale of various Government Securities and Bonds
28 November 2020 at 10:13Auction for Sale (Re-issue) of ‘4.48% GS 2023’, Auction for Sale (Re-Issue) of ‘GoI Floating Rate Bond 2033’, Auction for Sale (Re-issue) of ‘6.22% GS 2035’, and of ‘6.67% GS 2050’.
FM Smt. Nirmala Sitharaman says that the economy is facing a reset exercise
24 November 2020 at 10:11Finance Minister Smt. Nirmala Sitharaman says the momentum of reforms continues during the pandemic and will continue; the economy is facing a reset exercise.
Ministry of I&B requests compliance of policy on FDI in digital media within a month
19 November 2020 at 12:26The Ministry has laid out the detailed actions to be undertaken by eligible entities to comply with the decision of the Union Government which had permitted 26% FDI under the Government approval route.
RBI's provisions of Sections 45-IA, 45-IB, and 45-IC to not apply to NBFCs
19 November 2020 at 10:52RBI has declared that the provisions of Sections 45-IA, 45-IB, and 45-IC of the Reserve Bank of India Act, 1934 (2 of 1934) shall not apply to a non-banking financial company
IFSCA releases the International Financial Services Centres Authority (Procedure for Authority Meetings) Regulations, 2020
18 November 2020 at 10:30The International Financial Services Centres Authority has released the International Financial Services Centres Authority (Procedure for Authority Meetings) Regulations, 2020.
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