Rating agencies several notches behind India's reality: Shaktikanta Das
Taking a dig at global rating agencies for failing to upgrade India's sovereign rating despite significant improvement in macroeconomic parameters, Economic Affairs Secretary Shaktikanta Das has said the agencies are several steps behind from reality and are missing out on something which only they can best explain.
Feb 05, 2017, 15:41 PM IST
Bill to address bankruptcy in financial sector to be introduced this session: Shaktikanta Das
Government is likely to introduce a Bill for resolution of insolvent financial firms during the current session of Parliament in order to address the bankruptcy issue in the financial sector.
Feb 04, 2017, 19:49 PM IST
Economy to grow more than 7% next fiscal: Das
Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das today expressed confidence that the economy will grow upwards of 7 per cent next fiscal.
Feb 04, 2017, 13:07 PM IST
Economy to grow more than 7% next fiscal: Shaktikanta Das
Stepping up the growth pitch, Economic Affairs Secretary Shaktikanta Das today expressed confidence that the economy will grow upwards of 7 per cent next fiscal.
Feb 04, 2017, 13:07 PM IST
Government extends DEA Secretary Shaktikanta Das' term by 3 months
Das, 59, took over charge as Economic Affairs Secretary in Ministry of Finance on August 29, 2015 with his term coming to an end on March 31, 2017.
Jan 23, 2017, 22:35 PM IST
Desist from being flippant about Indian symbols, icons: Shaktikanta Das to Amazon
Cautioning international e-commerce major from showing indifference towards India symbols and icons, economic affairs secretary Shaktikanta Das on Sunday asked Amazon to desist from being flippant about Indian symbols and icons. He also warned the company that this indifference will be at its own peril.
Jan 15, 2017, 20:38 PM IST
Is this the new Rs 1000 note to be launched by RBI soon?
Just a few days ago of the demonetisation of rupees 5,00 and 1,000 notes, Twitter was abuzz with images of the pink coloured Rs 2000 note bundles.
Dec 30, 2016, 19:30 PM IST
Demonetisation: RBI pumps in Rs 5.5 lakh crore in markets, says govt
The Reserve Bank has pumped in Rs 5.50 lakh crore in new currency so far and more currency will be infused in the system as soon as possible, a top finance ministry official said Saturday.
Dec 17, 2016, 19:22 PM IST
Government focus on printing more Rs 500 notes: Shaktikanta Das
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
Dec 15, 2016, 23:49 PM IST
Indian markets very well cushioned to bear Fed rate hike impact: CEA
India is "very well cushioned" to absorb the impact of the US Federal rate hike and the currency market will stabilise after witnessing the initial ripples, the Finance Ministry said Thursday.
Dec 15, 2016, 20:08 PM IST
Demonetisation: Focus now on printing more new Rs 500 notes, says govt
The Reserve Bank of India has infused more than Rs 5 trillion (USD 73.66 billion) of currency notes into the banking system since Nov 8.
Dec 15, 2016, 18:42 PM IST
Note ban: Those indulging in unlawful activities related to black money will not be spared, says govt
Those found guilty of indulging or aiding in money laundering activities or evading tax will not be spared, said the Economic Affairs Secretary Shaktikanta Das on Friday.
Dec 02, 2016, 10:01 AM IST
Demonetisation: MDR charges on debit cards, service charges on online Railway ticket booking waived off till December 31
The government has decided to waive off MDR (Merchant Discount Rate) charges on use of debit cards till December 31.
Nov 23, 2016, 10:52 AM IST
Demonetisation: Exchange of defunct notes reduced to Rs 2,000 from today
With effect from today individuals can exchange invalid 500 and 1,000 rupee notes totalling Rs 2,000, as against Rs 4,500 earlier, only once till December 30.
Nov 18, 2016, 09:02 AM IST
Exchange limit reduced to Rs 2,000; withdrawal for weddings hiked to Rs 2.5L, farmers to Rs 25K per week
With effect from Friday individuals can exchange invalid 500 and 1,000 rupee notes totalling Rs 2,000, as against Rs 4,500 earlier, only once till December 30.
Nov 17, 2016, 23:12 PM IST
Bank exchange limit reduced to Rs 2,000 from Rs 4,500: 10 big developments
DEA Secretary Shaktikanta Das, addressing a press conference in the National capital, made several announcements today --Here are 10 big developments.
Nov 17, 2016, 11:51 AM IST
Demonetisation: Exchange limit reduced to Rs 2,000 from tomorrow; Rs 2.5 lakh can be withdrawn for wedding
Even as government looked at ways of augmenting supply of new 2000 and 500 rupee notes, which have been introduced in place of the scrapped older higher denomination Rs 500/1000 notes, government has decided to reduce exchange limit allowed per person.
Nov 17, 2016, 10:53 AM IST
Use of indelible ink has started in Delhi, Mumbai, Kolkata: Economic Affairs Secy Shaktikanta Das
The move is aimed at preventing large queues at banks and stop people from exchanging more than the permissible limit of money.
Nov 16, 2016, 16:20 PM IST
Govt to use indelible ink to crack down repeated exchanges at banks, not ATMs withdrawal
Government has taken some more practical measures to manage the rush at banks, and plans to use indelible ink marks as used in election voting, to crack down on cheats and others being used for carrying out multiple exchanges.
Nov 15, 2016, 12:34 PM IST
Govt goes on overdrive to ease cash flow, sets up task force to expedite recalibration of ATMs
Government has set up a task force under the chairmanship of RBI Deputy Governor S S Mundra to ensure that ATMs across the country are ready to dispense higher denomination notes in the shortest time.
Nov 14, 2016, 17:19 PM IST
