The first policy review after Budget 2021: Here's how it went

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Daily Newsletter Fri, Feb 05, 2021 | 04:55 PM IST

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Top stories of the day Shaktikanta Das wants to take retail investors on a gilt trip. The new measure will facilitate smooth completion of the government borrowing programme, RBI governor Shaktikanta Das... RBI has not completely given up on the idea of a digital currency For Sitharaman, March will decide how good her Budget was Tata is just one nod away from a 'Make in India' breakthrough What was the 1st policy review after Budget like One complaint body for banks, NBFCs from June Indian airlines still in eye of storm: Airbus When will life be normal? Survey says 7 yrs

Budget 2021 What Sitharaman had for NRIs The raising of the tax audit limit for NRIs from Rs 5 crore to Rs 10 crore is a welcome step. Even so, the TDS rules continue to be a major pain point for NRIs. On bank deposits, NRIs have to cough up 30% TDS. Hopefully the government will ease the TDS rules for NRIs thereby encouraging investments in India.

SENSEX 50731.63 117.34 NIFTY 50 14924.25 28.60 USD/INR 72.92 -0.04

Top Gainers NSE 3 companies (largecap) appreciated more than 5% SBI 10.70% Tata Steel (pp) 9.20% More from Gainers Top Losers NSE 1 company (largecap) price decreased more than -5% Zee Ent. -13.69% More from Losers

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Wheels set in motion to challenge Singapore and Hong Kong's clout as global financial gateways Sebi regulations currently restrict foreign funds looking to shift base to India. To do so, they would have to sell t... Banks wrote off wilful defaulter loans worth Rs 62 K crore RBI lowers Q4 inflation projection to 5.2% Pfizer withdraws emergency jab request RBI maintains status quo , keeps rate static

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