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Ratan Watal new Finance Secy, new team takes charge

Last Updated: Monday, August 31, 2015, 22:15

Ahead of beginning of work on the Budget for 2016-17, government Monday designated Ratan P Watal as new Finance Secretary even as a new team of officials took charge at the finance ministry.

India plans to amend RBI Act by Feb to set up monetary panel: Official

Last Updated: Monday, August 31, 2015, 14:18

The government plans to change the Reserve Bank of India Act before the end of the fiscal year so it can set up a new committee to direct the country`s monetary policy, retiring Finance Secretary Rajeev Mehrishi told Reuters.

Loans under PMMY to double to over Rs 1 lakh cr by March

Last Updated: Wednesday, August 19, 2015, 13:16

Since the launch of the scheme in April by Prime Minister Narendra Modi, about Rs 14,000 crore worth of loans have been disbursed under the scheme to 20 lakh people.

Govt clears FDI proposals worth Rs 10,379 crore

Last Updated: Thursday, August 13, 2015, 21:45

"The government has approved 23 proposals of foreign direct investment amounting to Rs 10,378.92 crore," the Finance Ministry said.

Govt has right to nominate representative on RBI board: FinSecy

Last Updated: Monday, August 3, 2015, 20:36

Defending the Finance Ministry's decision to nominate Additional Secretary on the board of RBI, Finance Secretary Rajiv Mehrishi Monday said government has the right to decide who will represent it at the board meetings.

Finance secretary says doesn't wants to curb RBI's powers

Last Updated: Monday, August 3, 2015, 16:21

Rajiv Mehrishi said it was not right to conclude on the basis of the draft bill that the government was trying to clip the central bank`s wings.

Govt names Additional Secretary to RBI board in place of Fin Secy

Last Updated: Friday, July 31, 2015, 11:53

As per the convention, Economic Affairs Secretary besides the Financial Services Secretary is part of Central Board Directors of RBI.

Impact of Greek developments will be indirect: Finance Secretary

Last Updated: Monday, July 13, 2015, 16:20

Ongoing developments in Greece have only indirect implications for India and their impact, if any, is difficult to quantify, Finance Secretary Rajiv Mehrishi said on Monday.

25 foreign investment proposals on FIPB agenda

Last Updated: Sunday, June 7, 2015, 16:12

The Foreign Investment Promotion Board, chaired by Finance Secretary Rajiv Mehrishi, can recommend foreign investment proposals worth up to Rs 3,000 crore to the Finance Ministry for approval.

Measures will be in place in case of poor monsoon: FinMin

Last Updated: Wednesday, May 20, 2015, 19:03

Government will put in place a combination of measures like offloading rice and wheat stocks to cool down prices in case of a below normal monsoon this year.

Union Finance Secretary releases Rupee 1 notes

Last Updated: Sunday, March 8, 2015, 21:10

Union Finance Secretary Rajiv Mahrishi has released new Rupee 1 notes at Srinathiji temple in Nathdwara after offering prayers, a temple spokesman said.

Govts at loggerheads over shifting of Finance Secy

Last Updated: Monday, January 14, 2013, 13:04

A piquant situation has arisen with the Puducherry govt and the Union Home Ministry at loggerheads over shifting of Finance Secretary of the Union Territory.