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  Govt asks PSU banks increase lending to minorities

  March 12, 2015 18:51 IST

  The Union government has advised PSU banks to step up lending to minorities with a view to ensuring that they get loans in proportion to their population.The decision to increase lending to the minorities was

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  Mayaram shifted twice in 2 weeks, now to Minority Affairs ministry

  Politics | October 30, 2014 23:05 IST

  New Delhi: In a sudden development, senior IAS officer Arvind Mayaram was today made Secretary of the Ministry of Minority Affairs, two weeks after he was shifted from the post of Finance Secretary to the

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  Arvind Subramanian appointed Chief Economic Advisor

  India | October 16, 2014 19:08 IST

  New Delhi: 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

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  Modi shifts finance secretary Arvind Mayaram to tourism

  October 16, 2014 16:42 IST

  New Delhi: Prime Minister Narendra Modi has transferred Arvind Mayaram, the top civil servant at the finance ministry, replacing him with a top official from Rajasthan, Rajiv Mehrishi, that has pushed dramatic free market reforms

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  Finance Secretary Arvind Mayaram shifted to Tourism Ministry

  Politics | October 16, 2014 15:08 IST

  New Delhi: In a surprise development, Finance Secretary Arvind Mayaram has been shunted out of the Finance Ministry and given a low profile Ministry of Tourism.In orders issued on Wednesday, Mayaram, a 1978-batch IAS officer

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  Economy to grow 5.8% in 2014-15: Arvind Mayaram

  August 21, 2014 23:02 IST

  New Delhi: India's economy is on course to grow by around 5.8% in the fiscal year to March 2015, Finance secretary Arvind Mayaram has said.  He said “green shoots” of recovery are taking hold. He

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  Budget has brought clarity in tax policies: Finance Minister

  July 12, 2014 17:04 IST

  New Delhi: Government today said the Budget 2014-15 has brought about clarity in tax policies and it will walk the difficult path to bring growth impulses back into the economy amidst fiscal constraints.“Both on direct

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  Inflation to moderate further on govt measures: Mayaram

  June 14, 2014 23:09 IST

  New Delhi: Expressing satisfaction over the moderation in inflation, Finance Secretary Arvind Mayaram on Saturday said the price situation would ease further with recent measures taken by the government as well as growth impulses.Much of

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  Rupee not volatile, to remain range bound: Arvind Mayaram

  May 19, 2014 20:27 IST

  New Delhi: With the rupee touching 11-month high against the US dollar, Finance Secretary Arvind Mayaram today said the domestic currency is not volatile and would remain range bound. “Rupee will be range bound... It

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  Drop in inflation is something to smile about: Mayaram

  May 15, 2014 15:04 IST

  New Delhi: Encouraged by declining inflation, Finance Secretary Arvind Mayaram today expressed hope that the trend would continue, but said the government will have to remain cautious about impact of possible deficiency in monsoon.“We are

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  Arvind Mayaram designated as Finance Secretary

  April 15, 2014 19:57 IST

  New Delhi: Economic Affairs Secretary Arvind Mayaram has been designated as Finance Secretary. The Appointments Committee of the Cabinet (ACC) had approved a proposal to designate Mayaram as the Finance Secretary.A 1978 batch Rajasthan cadre Indian

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  India calls for communicating monetary policy with clarity

  April 13, 2014 17:40 IST

  Washington: Calibrated and clearly communicated monetary policies will build trust and improve business sentiments globally by leaving little room for speculations, economic affairs secretary Arvind Mayaram said on Saturday.“We believe monetary policy cooperation is extremely

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  RBI Governor meets Chidambaram, discusses economic situation

  December 26, 2013 23:01 IST

  New Delhi: RBI Governor Raghuram Rajan Thursday met Finance Minister P Chidambaram and discussed the macroeconomic situation."We exchanged our views on the current macroeconomic situation," Rajan told reporters after the meeting, which was also attended

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  GDP grows 4.8 pc in Q2; fiscal deficit, inflation up

  November 29, 2013 20:43 IST

  New Delhi: After hitting a four-year low in the first quarter, the economy grew by a higher-than-expected 4.8 per cent in the September quarter on an uptick in agriculture and factory output, although a rise

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  More needs to be done to boost growth: Mayaram

  November 18, 2013 19:50 IST

  New Delhi: The Government is taking measures to give momentum to the growth process which was affected by the global financial crisis in 2008, a top Finance Ministry official said today.“The global financial meltdown has

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  Industry output shows recovery signs, price situation worsens

  November 12, 2013 20:44 IST

  New Delhi: Showing some signs of an upturn, industrial output rose 2 per cent in September, while prices remained a cause of concern with retail inflation breaching the double-digit mark after a gap of seven

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  Sensex sheds nearly 1,000 pts since Diwali, Rupee also slips

  November 12, 2013 19:30 IST

  Mumbai: Indian markets are fast losing their fizz with the benchmark Sensex down almost 1,000 points since a cracker of a Diwali and the rupee heading towards the 64-mark against the dollar, a level not

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  Government will meet fiscal deficit target, Mayaram says

  October 31, 2013 20:58 IST

  New Delhi: The government will meet the fiscal deficit target of 4.8 percent of GDP for the current financial year, a top Finance Ministry official said on Thursday."We will meet the fiscal deficit target for

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  FIPB gives go ahead to Tata-SIA airlines

  October 24, 2013 20:48 IST

  New Delhi: The Foreign Investment Promotion Board (FIPB) today gave its green signal to Singapore Airlines to start a full-service airline in partnership with Tata Sons entailing an initial foreign investment of USD 49 million. 

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  FM to leave tomorrow for IMF-World Bank meet in Washington

  October 07, 2013 17:02 IST

  New Delhi: Finance Minister P Chidambaram will leave for the US tomorrow to attend the annual meeting of the IMF and the World Bank, during which world leaders will deliberate on prevailing uncertainty in global