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Monetary policy committee under "active" discussion: RBI deputy

Last Updated: Wednesday, September 9, 2015, 20:25

The RBI is holding "active" discussions with the government on the formation of a monetary policy committee that would decide interest rates, a deputy governor of the bank, S.S. Mundra, said on Wednesday.

Consensus between govt, RBI on monetary policy panel: FinMin

Last Updated: Tuesday, August 18, 2015, 17:58

The government and the Reserve Bank have reached a consensus on the structure for the proposed Monetary Policy Committee and Public Debt Management Agency, said Finance Secretary Rajiv Mehrishi.

Inflation under control, economy on mend: Finance Secy

Last Updated: Wednesday, August 12, 2015, 22:19

With crude prices still falling, inflation is expected to remain under control, Finance Secretary Rajiv Mehrishi said Wednesday while emphasising that industrial production growth shows that the economy is on mend.

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.

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.

Kotak Bank gets FIPB nod to raise fgn investment limit to 55%

Last Updated: Friday, July 3, 2015, 18:30

FIPB had deferred a decision on the proposal in the past.

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.

GDP numbers show signs of pick up: Rajiv Mehrishi

Last Updated: Friday, May 29, 2015, 19:40

Finance Secretary Rajiv Mehrishi on Friday said that GDP numbers are encouraging. “Data shows signs of pick up, both manufacturing and services have improved, Mehershi said.

FIPB to consider Kotak Bank's FDI proposal today

Last Updated: Thursday, May 28, 2015, 08:56

Inter-ministerial body FIPB will on Thursday take up Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent, along with 47 other FDI applications.

'GDP to grow at 9% once structural issues addressed'

Last Updated: Wednesday, May 20, 2015, 16:05

The Economic Survey had projected a growth of 8.1 to 8.5 percent in the current financial year.

Kamath to resign from various boards, join BRICS Bank in next 10 days

Last Updated: Thursday, May 14, 2015, 16:10

India's eminent banker K.V. Kamath will resign from various boards and join BRICS Bank in next 10 days, Finance Secretary Rajiv Mehrishi said on Thursday.