Others News

RBI announces rate of interest on GoI Floating Rate Bond, 2024

06 May 2021 at 19:39

The rate of interest on Government of India Floating Rate Bond, 2024 (FRB 2024) applicable for the half year May 07, 2021 to November 06, 2021 shall be 3.51 percent per annum.

Posted in Others | 2049 Views

Revenue Deficit Grant of Rs. 9,871 crore released to 17 States

06 May 2021 at 16:54

The Department of Expenditure, Ministry of Finance today released the 2nd monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs. 9,871 crore for the year 2021-22 to 17 States.

Posted in Others | 987 Views

RBI | Relaxation in OD facility for States Governments/UTs

06 May 2021 at 05:56

The maximum number of days in a quarter on which State Governments/UTs can avail overdraft is being increased from 36 to 50 days and the number of consecutive days on which overdraft can be availed is being increased from 14 to 21 days.

Posted in Others | 1344 Views

Cabinet approves strategic disinvestment and transfer of management control in IDBI Bank Limited

06 May 2021 at 05:42

LIC’s Board has passed a resolution to the effect that LIC may reduce its shareholding in IDBI Bank Ltd. through divesting its stake along with strategic stake sale envisaged by the Govt.

Posted in Others | 1110 Views

Simplification of procedure for import of oxygen cylinders and cryogenic tankers/containers

05 May 2021 at 20:32

In view of the COVID pandemic, PESO shall not carry out a physical inspection of global manufacturers' production facilities before the grant of registration and approval of global manufacturers for importing oxygen cylinders and cryogenic containers.

Posted in Others | 1089 Views

No consignment of 3,000 Oxygen concentrators pending with Custom authorities: Finance Ministry

03 May 2021 at 21:54

The matter regarding a consignment of 3,000 Oxygen Concentrators lying with Customs Authorities came up in the Hon’ble Delhi HC and the same was clarified by the Government Counsel that presently no such consignment is pending with Custom Authorities.

Posted in Others | 1365 Views

FM Nirmala Sitharaman participates in Governor's Seminar as part of ADB's annual meeting 2021

03 May 2021 at 21:42

The Finance Minister mentioned that overall, enhanced regional and global cooperation is the key to become successful in our common pursuit of resilient recovery.

Posted in Others | 933 Views

Shri T. Rabi Sankar appointed as RBI Deputy Governor

03 May 2021 at 17:39

In pursuance of the Government of India notification dated May 03, 2021, Shri T. Rabi Sankar took over as the Deputy Governor of Reserve Bank of India today for a period of three years or until further orders, whichever is earlier.

Posted in Others | 1770 Views

1st instalment of Rs. 8873.6 crore for State Disaster Response Fund (SDRF) released in advance

03 May 2021 at 04:18

Ministry of Finance at the recommendation of the Ministry of Home Affairs has released in advance of the normal schedule, the 1st instalment of the Central Share of SDRF for 2021-22 to all the States. An amount of Rs.8873.6 crore has been released.

Posted in Others | 1053 Views

GoI Facilitates faster imports of key medical devices by relaxing the conditions for clearances under Legal Metrology

01 May 2021 at 06:12

Considering the present pandemic situation of COVID-19 and for meeting the demand for medical devices, GoI has permitted the importers of medical devices to import certain categories of medical devices for three months from 28.04.2021 onwards.

Posted in Others | 1221 Views