Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated in the 1st BRICS Finance Ministers and Central Bank Governors (FMCBG) meeting under the BRICS Russian Chairmanship.
It has been decided to restore trading hours for regulated markets. Accordingly, with effect from November 9, 2020, the trading hours for the markets regulated by the Reserve Bank have been increased.
The 15th Finance Commission concludes deliberations on Report 2021-22 to 2025-26. The Commission will present its report to the Honourable President of India on 9th November 2020.
The Monthly Account of the Union Government of India up to the month of September 2020 has been consolidated and reports published.
RBI releases the annual report on - State Finances: A Study of Budgets of 2020-21
IFSCA, with an objective to develop the financial products and services in the GIFT IFSC, has prescribed the regulatory framework for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in IFSC.
While 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.
Outcomes of the G20 Finance Ministers & Central Bank Governors Meeting through Video Conferencing held on 14th October 2020
Ministry of Finance statement on misinterpretation of LTC stimulus and its benefits
FM Smt. Nirmala Sitharaman announced measures of Rs 73,000 crore to stimulate consumer spending in the economy in an effort to fight the slowdown due to COVID-19 pandemic following lockdown.
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