Finance Secretary

Sandhu says RBI fears on Jan Dhan addressed; 70% target met

Opening of 5.1 crore accounts means meeting 70 percent of the target of 7.5 crore set by the government by January 26, 2015, he said.

Sep 29, 2014, 18:29 PM IST

FIPB to consider 26 FDI proposals on Oct 1

The Foreign Investment Promotion Board (FIPB) will take up 26 FDI proposals, including that of HDFC Bank and Punj Lloyd, on Wednesday.

Sep 28, 2014, 11:42 AM IST

GDP growth could touch 5.9% this fiscal: Finance Secretary

Confident of a rating upgrade, Finance Secretary Arvind Mayaram on Friday said growth rate in the current fiscal will be in range of 5.5-5-9 percent, exceeding Standard and Poor's estimate of 5.5 percent.

Sep 26, 2014, 19:32 PM IST

FinMin, banks discuss hiving off Dabhol plant's LNG terminal

Finance Ministry on Thursday discussed with lenders the option of hiving off LNG terminal of the beleaguered Dabhol power plant for sale to cut debt.

Sep 25, 2014, 20:30 PM IST

Meeting fiscal deficit target of 4.1% a tough task: Mayaram

After remaining at sub-5 percent in last two fiscal years, economic growth in the ongoing fiscal year is estimated to be between 5.4 and 5.9 percent.

Aug 04, 2014, 14:05 PM IST

Finance secretary Mayaram defends 4.1% fiscal deficit target

Finance Secretary Arvind Mayaram said that plans announced in this week`s budget to stick to a fiscal deficit target of 4.1 percent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic.

Jul 12, 2014, 17:46 PM IST

Economic Survey 2013-14: 'Details course economy needs to undertake'

Mayaram further said recent years have been challenging for the global economy.

Jul 09, 2014, 19:09 PM IST

Inflation to moderate further on govt measures: Mayaram

Retail inflation touched a three-month low of 8.28 per cent in May from 8.59 percent in April.

Jun 14, 2014, 14:31 PM IST