Community & General News
Constitution of an Expert Committee on Investment Funds
25 May 2021 at 22:26IFSCA, 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.
RBI Governor advises private banks to ensure continuity in the provision of various financial services
25 May 2021 at 20:16The 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.
Cabinet approves MoUs entered into by ICoAl and ICSI with Foreign Countries/Organisations
25 May 2021 at 18:31The signed MoUs would help in the advancement of the goals on equity, public accountability and innovation among the beneficiaries countries.
GoI Condemns False Reporting on Cairn Legal Dispute
23 May 2021 at 16:21GoI 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.
RBI relaxes timeline for compliance with various payment system requirements
22 May 2021 at 21:56RBI 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.
FM Nirmala Sitharaman commemorates 12th Founding Day of CCI via virtual mode
20 May 2021 at 20:26Addressing 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.
Government notifies Indian Insurance Companies (Foreign Investment) Amendment Rules, 2021
20 May 2021 at 06:44GoI, 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.
Relaxations provided under Gas Cylinders Rules, 2016 for storage and transportation of medical oxygen
15 May 2021 at 22:07GoI has reviewed the existing procedure for approval of global manufacturers for importing oxygen cylinders by Petroleum and Explosive Safety Organization (PESO).
Piyush Goyal discusses measures to enhance COVID vaccine production with the USTR
14 May 2021 at 22:18The meeting focused on increasing vaccine availability in an inclusive and equitable manner to combat the Global pandemic caused by Covid-19. Both sides agreed to work towards the common resolve of increasing vaccine availability and saving lives.
Relaxation in procurement rules for containment of COVID-19 pandemic
14 May 2021 at 22:08The Government of India has exempted the public procurement of supplies required for containment of COVID-19 global pandemic from the applicability of Public Procurement (Preference to Make in India) Order, 2017.
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