Ex-finance secretary Subhash Chandra Garg pitches for large-scale expenditure reforms
Subhash Chandra Garg said that large-scale reforms are called for in the central expenditure program and he hopes to bring out an analysis of which central government expenditure program should be scrapped or deeply restructured
Jan 24, 2020, 19:43 PM IST
Liquidity position comfortable, to get further boost of Rs 35,000 cr via rupee-dollar swap: Garg
The rupee-dollar swap auction announced by the RBI, earlier in March, will infuse Rs 35,000 crore in domestic liquidity on Tuesday.
Mar 25, 2019, 14:34 PM IST
Govt will meet fiscal deficit target of 3.4 percent in FY'19: SC Garg
As per the interim Budget 2019-20, the government has pegged fiscal deficit target of 3.4 percent for the current fiscal year ending March 31.
Mar 08, 2019, 18:08 PM IST
Government indicates printing of Rs 2000 note stopped for now; sufficient currency in circulation
In a tweet, Economic Affairs Secretary Subhash Chandra Garg said printing of notes is planned as per the projected requirement.
Jan 04, 2019, 14:02 PM IST
Govt likely to make additional capital infusion in PSU banks: Garg
This will be over and above Rs 1.35 lakh crore capital infusion announced by the government for the public sector banks (PSBs) in October last year to meet global capital risk norms called Basel III.
Dec 20, 2018, 11:35 AM IST
Govt to seek interim dividend from RBI, says Eco Affairs Secy
The government and the RBI have been locked in a tussle over various issues, including transfer of excess reserves of the central bank.
Dec 20, 2018, 11:35 AM IST
What's the tearing hurry to fix RBI capital: P Chidambaram asks Narendra Modi government
Chidambaram has accused the BJP govt of trying to mount pressure on the RBI.
Nov 11, 2018, 13:20 PM IST
SBI steps in to rescue cash strapped NBFCs, to buy good assets worth Rs 45,000 crore
NBFCs along with mutual funds have been facing a liquidity crunch following a series of loan repayment default since late September by IL&FS and its group companies.
Oct 10, 2018, 09:46 AM IST
India has adequate firepower to deal with rupee volatility: Economic Affairs Secretary
The partially convertible rupee fell to a record low of 69.09 per dollar on Thursday.
Jun 29, 2018, 10:38 AM IST
Government confident of meeting fiscal deficit target: Economic Affairs Secretary
The Finance Ministry is confident of meeting next year's fiscal deficit target of 3.3 per cent, citing lesser uncertainties ahead.
Feb 04, 2018, 14:28 PM IST
Arun Jaitley headed for US for IMF-World Bank meets
In Boston, Jaitley will take part in a roundtable investment meet on 'Indian Economy - The Road Ahead'. Later, he will deliver a lecture on India's tax reforms at the Harvard University.
Oct 08, 2017, 16:27 PM IST
Amid slowdown worries, Arun Jaitley reviews economy, discusses stimulus package
A high-level meeting chaired by Finance Minister got underway on Tuesday evening to review the economic situation.
Sep 19, 2017, 21:03 PM IST
Significant portion of deposited notes could be illicit: Govt
The RBI in its Annual Report for 2016-17 said that 99 per cent of the junked 500 and 1,000 rupee notes has returned to the banking system.
Aug 30, 2017, 22:43 PM IST
Stick to ethics in algo trading: FinMin to traders, exchanges
Economic Affairs Secretary Subhash Chandra Garg said policy makers and market regulator Sebi will have to devise policies for non-discriminatory, fair and equitable access to all market participants.
Aug 28, 2017, 13:05 PM IST
Subhash Chandra Garg appointed as World Bank ED
Senior IAS officer Subhash Chandra Garg was on Wednesday appointed as Executive Director in World Bank.
Sep 10, 2014, 19:13 PM IST
