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Highlights of the Accounts of the Union GoI (Provisional/Unaudited) for the FY 2020-21

   31 May 2021 at 19:04

GoI has received Rs. 16,89,720 crore (105.50% of corresponding RE 20-21 of Total Receipts) during 2020-21 comprising Rs 14,24,035 crore Tax Revenue, Rs. 2,08,059 crore of Non Tax Revenue and Rs. 57,626 crore of Non Debt Capital Receipts.

Posted in Others |   984 Views


RBI releases the Annual Report for the year 2020-21

   28 May 2021 at 06:21

The Report covers the working and functions of the Reserve Bank for the transition period of nine months (July 2020 - March 2021) following the decision to change its accounting year from July-June to April-March.

Posted in Others |   1266 Views


PFRDA announces crossing the milestone of Rs 6 trillion of Assets Under Management under NPS and APY

   26 May 2021 at 18:36

The Pension Fund Regulatory and Development Authority announces crossing the milestone of Rs 6 lakh crore of Assets Under Management under the National Pension System and Atal Pension Yojana, after 13 years.

Posted in Others |   1137 Views


Constitution of an Expert Committee on Investment Funds

   25 May 2021 at 22:26

IFSCA, with a special focus on ease of doing business, has constituted an Expert Committee on Investment Funds to recommend to IFSCA on the road map for the funds industry in the IFSCs.

Posted in Others |   1536 Views


RBI Governor advises private banks to ensure continuity in the provision of various financial services

   25 May 2021 at 20:16

The Governor, RBI held a meeting with the MD & CEOs of select Private Sector Banks on May 25, 2021, and advised them to ensure continuity in the provision of various financial services including credit facilities to individuals and businesses.

Posted in Others |   1005 Views


Cabinet approves MoUs entered into by ICoAl and ICSI with Foreign Countries/Organisations

   25 May 2021 at 18:31

The signed MoUs would help in the advancement of the goals on equity, public accountability and innovation among the beneficiaries countries.

Posted in Others |   1407 Views


GoI Condemns False Reporting on Cairn Legal Dispute

   23 May 2021 at 16:21

GoI has strongly condemned the false reporting in certain media by some vested interests claiming that the Government of India has purportedly asked state-owned banks to withdraw funds from foreign currency accounts abroad.

Posted in Others |   1563 Views


RBI relaxes timeline for compliance with various payment system requirements

   22 May 2021 at 21:56

RBI has relaxed the timeline for compliance with various payment system requirements. This has been done keeping in view the resurgence of the COVID-19 pandemic and the representations received from various bank and non-bank entities.

Posted in Others |   9750 Views


FM Nirmala Sitharaman commemorates 12th Founding Day of CCI via virtual mode

   20 May 2021 at 20:26

Addressing the invitees as Chief Guest, Finance Minister Smt. Sitharaman highlighted the imperative for the competition watchdog to have a market-friendly and forward-looking approach in the rapidly changing Indian and the global economy.

Posted in Others |   1056 Views


Government notifies Indian Insurance Companies (Foreign Investment) Amendment Rules, 2021

   20 May 2021 at 06:44

GoI, in due consultation of the suggestions received on the draft rules, has issued the Indian Insurance Companies (Foreign Investment) Amendment Rules, 2021 in order to further amend the Indian Insurance Companies (Foreign Investment) Rules, 2015.

Posted in Others |   1182 Views



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