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Rupee appreciated 3 39%: MoS Finance

Rupee appreciated 3.39%: MoS Finance ​ By IANS | Published on ​ Tue, Feb 9 2021 10:51 IST | ​ 0 Views Rupee. (File Photo: IANS). Image Source: IANS News New Delhi, Feb 9 : MoS Finance Anurag Thakur informed the House that despite the pandemic the Indian currency has appreciated 3.39 per cent and there has been no downgrading of the Rupee as the Foreign Reserve is at $590 billion. Thakur was responding to a question in the Rajya Sabha on whether the rupee has been devalued. The Minister said that there were some impact on the economy due to the Covid-19 pandemic but the status of the Rupee has appreciated 3.39 per cent.

Government Will Explore Blockchain for Digital Economy, Union Minister Says About India s Own Cryptocurrency

Government Will Explore Blockchain for Digital Economy, Union Minister Says About India s Own Cryptocurrency Minister of State for Finance also reiterated that the government finds Bitcoin and other crypto-based payments systems illegal. By Jagmeet Singh | Updated: 2 February 2021 16:35 IST Photo Credit: Reuters Highlights RBI is exploring the need for bringing digital version of Rupee Cryptocurrency transactions were effectively banned by RBI in 2018 The government will explore the use of blockchain technology for digital economy, Minister of State for Finance Anurag Singh Thakur said in response to a question raised in Rajya Sabha on Tuesday. The comments from the Ministry of Finance come just days after the Reserve Bank of India (RBI) mentioned plans to bring a digital version of the Indian Rupee. The central bank stated that it was exploring the possibility as to whether there was a need for a digital version of fiat currency, and in case

Union Budget 2021 LIVE Updates: Nirmala Sitharaman budget speech

Focus not only on increased budget allocation but implementation of schemes too, Tomar says Union Agriculture Minister Narendra Singh Tomar Government of India under the leadership of PM Narendra Modi is committed to working for the interest of farmers. Every year the focus is not only on increased budget allocation, but also the implementation of schemes.  Feb 01, 2021 4:56 PM (IST) Posted by Nidhi Taneja Let down like never before : Chidambaram on Budget 2021 The Budget was a let down like never before. This Budget, like the previous one, will unravel sooner than you think.  Feb 01, 2021 4:54 PM (IST) Posted by Nidhi Taneja BJP President JP Nadda: Budget inclusive , dedicated to the welfare of all people of India

India Budget 2021: Nirmala Sitharaman presents union budget

Union Budget 2021 Live Updates: Nirmala Sitharaman Says This Budget Provides Every Opportunity For Recovery

Budget 2021 news updates: Nirmala Sitharaman delivers budget speech at parliament. New Delhi: Finance Minister Nirmala Sitharaman addressed parliament today with details of the Union Budget 2021, the first after a difficult year for the economy due to the COVID-19 pandemic. She announced foreign direct investment (FDI) hike in insurance to 74 per cent from 49 per cent with foreign control under safeguards. The Finance Minister has set a target of Rs 16.5 lakh crore as agricultural credit. Her budget speech comes after a difficult year for the economy due to the COVID-19 pandemic, which shut down businesses for months, leading to lost earnings, curtailed consumer spending and job cuts. The total impact of Atmanirbhar Bharat and measures by RBI was Rs 27.1 lakh crore, which amounts to 30 per cent of GDP, Ms Sitharaman said. 2021 is a year of many milestones, she said.

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