CBI Books Ex-Finance Secy Arvind Mayaram for 'Corruption' in Supply of Currency Notes' Security Thread
The CBI, in its FIR, alleged that Mayaram, the UK-based company De La Rue International Ltd, and unidentified officials of the finance ministry and RBI hatched a criminal conspiracy to extend undue favour to the firm.
Feb 12, 2023, 14:49 PM IST
Arvind Subramanian appointed CEA; finance secy Mayaram shifted to tourism
Government has brought in a new team at the Finance Ministry shunting out Finance Secretary Arvind Mayaram and inducting US-based economist Arvind Subramanian as Chief Economic Advisor as it prepares the groundwork for its first full-fledged Budget next February.
Oct 16, 2014, 18:47 PM IST
Modi replaces top finance mandarin Mayaram in first major shakeup
Prime Minister Narendra Modi has transferred the top civil servant at the finance ministry, replacing him with a top official from Rajasthan, the state that has pushed dramatic free market reforms in recent months.
Oct 16, 2014, 12:00 PM IST
Falling crude prices to have favourable impact: Mayaram
Finance Secretary Arvind Mayaram on Wednesday said declining crude oil price will have favourable implications for the country, but there was no need to be overly optimistic about it.
Oct 15, 2014, 17:05 PM IST
Schemes like smart cities, speed trains in next Budget: Mayaram
The Budget 2015-16 will include many of the schemes announced by Prime Minister Narendra Modi such as smart cities and high speed trains, Finance Secretary Arvind Mayaram said on Friday.
Oct 10, 2014, 20:46 PM IST
Jaitley not to attend Fund-Bank meetings
Finance Minister Arun Jaitley, who was discharged from AIIMS today, has decided not to attend the annual meetings of IMF and World Bank in Washington later this week and his place will be taken by Finance Secretary Arvind Mayaram.
Oct 06, 2014, 22:50 PM IST
Economic conditions becoming favourable for rate cut: Mayaram
Mayaram argued that the WPI inflation is at the lowest level since October, 2009 and retail inflation is less than 8 percent which is the target for this year according to a RBI panel report.
Sep 29, 2014, 21:06 PM IST
FIPB to consider 26 FDI proposals on Oct 1
The Foreign Investment Promotion Board (FIPB) will take up 26 FDI proposals, including that of HDFC Bank and Punj Lloyd, on Wednesday.
Sep 28, 2014, 11:42 AM IST
Rajan meets Mayaram ahead of monetary policy review
Ahead of monetary policy review on September 30, RBI Governor Raghuram Rajan on Friday met Finance Secretary Arvind Mayaram and is believed to have discussed macroeconomic issues, according to sources.
Sep 26, 2014, 20:28 PM IST
GDP growth could touch 5.9% this fiscal: Finance Secretary
Confident of a rating upgrade, Finance Secretary Arvind Mayaram on Friday said growth rate in the current fiscal will be in range of 5.5-5-9 percent, exceeding Standard and Poor's estimate of 5.5 percent.
Sep 26, 2014, 19:32 PM IST
G20 resolves to check profit shifting for fair tax realisation
The Finance Ministers of the G20 nations on Saturday resolved to tackle Base Erosion and Profit Shifting (BEPS) to make sure companies pay their fair share of tax.
Sep 20, 2014, 21:22 PM IST
India's GDP to rebound to over 7% in 2-3 years: Mayaram
India is following economic growth inducing policies and is confident that the GDP will rebound to over 7 percent in 2-3 years, Finance Secretary Arvind Mayaram said Thursday while emphasising that business confidence is back.
Sep 18, 2014, 20:27 PM IST
FIPB clears 21 FDI projects, rejects Sistema Shyam's proposal
Foreign Investment Promotion Board on Tuesday cleared 21 proposals including that of Bharti Shipyard, but turned down the Sistema Shyam's request to raise foreign holding.
Sep 16, 2014, 14:35 PM IST
India pitches for rating upgrade, says will keep fiscal in check
Pitching for the country's rating upgrade, Finance Ministry officials on Monday informed credit ratings agency Moody's that the Budget 2014-15 has provided an impetus to growth and the government is taking steps to keep the fiscal deficit under check.
Sep 08, 2014, 17:19 PM IST
Curbs on gold imports likely to continue for some more time
The Finance Ministry on Thursday indicated that restrictions on gold import scheme are likely to continue till situation becomes "more comfortable".
Aug 21, 2014, 19:11 PM IST
FinMin says decision on FDI limit in HDFC Bank soon
The Finance Ministry on Thursday said it is looking at issues connected with HDFC Bank's proposal to raise FDI limit in it and will take a decision shortly.
Aug 21, 2014, 18:09 PM IST
Meeting fiscal deficit target of 4.1% a tough task: Mayaram
After remaining at sub-5 percent in last two fiscal years, economic growth in the ongoing fiscal year is estimated to be between 5.4 and 5.9 percent.
Aug 04, 2014, 14:05 PM IST
Finance Ministry examining Budget proposal to double tax on debt MFs
The Finance Ministry is examining to tweak the Budget proposal for hiking capital gains tax to 20 percent for debt mutual funds following representation from the industry, Economic Affairs Secretary Arvind Mayaram said on Wednesday.
Jul 23, 2014, 22:01 PM IST
FinMin mulls raising FII investment sub-limit in govt bonds
Government is considering hiking the FII investment sub-limit in its bonds to USD 25 billion without disturbing overall USD 30 billion FII debt cap, a top finance ministry official said Monday.
Jul 21, 2014, 19:31 PM IST
Finance secretary Mayaram defends 4.1% fiscal deficit target
Finance Secretary Arvind Mayaram said that plans announced in this week`s budget to stick to a fiscal deficit target of 4.1 percent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic.
Jul 12, 2014, 17:46 PM IST
