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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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