FM Press Conference Live: Finance Minister Nirmala Sitharaman will address a press conference in Delhi today. In her second press conference in three days, it is expected that the Finance Minister will announce measures to further boost the economy, however, the agenda of the meeting has not been confirmed yet. In her previous press meet, she had made major announcements including waiving of MDR (merchant discount rate) on payment via RuPay and UPI platforms to boost India’s cashless economy. Nirmala Sitharaman had also launched an online portal called EBkray for auction of assets attached by banks. Meanwhile, RIL’s retail arm has launched its own e-commerce platform which is expected to spar with Jeff Bezos-owned Amazon and Walmart-backed Flipkart. The stock market was trading under pressure today with BSE Sensex down 120 points and Nifty 50 down 33 points.
Source: Financial Express