Budget 2021 Expectations HIGHLIGHTS: The Centre has lined up an intensive legislative agenda with over 20 bills for the Budget Session of Parliament which began on January 29. A major portion of the legislative agenda would include introduction and passage of several economic bills that aim at carrying the reform agenda of the government.Among the bills lined up for consideration during the Budget session of Parliament include legislation's covering delicensing of country's electricity distribution sector, amendments to Competition Commission of India and PFRDA legislations, creation of new development financial institution, ban on private cryptocurrencies.

To speed up the sale of distressed assets, veteran banker Uday Kotak has suggested that the time is right for multiple bad banks with an alternate investment fund (AIF) structure. S Srinivasan, MD of Kotak Investment Advisors spoke to CNBC-TV18 to explain this further.

Retail fuel prices in the metros remained unchanged for the fifth consecutive day on Monday.

Finance Minister Nirmala Sitharaman on Monday called on President Ram Nath Kovind before presenting the Union Budget 202122. As per established tradition, the Finance Minister met the President at the Rashtrapati Bhawan before heading to Parliament.