Economic Affairs Secretary Shaktikanta Das
Recent Highlights
All Stories for Economic Affairs Secretary Shaktikanta Das
Remonetisation nearly complete, cash withdrawal limit will go, says Shaktikanta Das
•"In less than 90 days, the whole process of remonetisation is almost complete. This speaks volumes about the way the remonetisation has been completed," he said.
Demonetisation: Debit card charges dropped, farmers to get easier cash access
•The government has allowed Nabard to disburse Rs 21,000 crore through cooperative banks to farmers
Demonetisation chaos gets deeper as Modi, Jaitley, Shaktikanta differ on I-T scrutiny
Sanjay •Contradictory statements by PM Modi and Arun Jaitley in regard to permissible non-penalty cash deposits in banks is forcing people to ask: Who to believe?
Government clears seven foreign direct investment proposals worth Rs 100 crore
•Inter-ministerial body FIPB today cleared seven proposals envisaging foreign investment of Rs 100 crore.
Debit card data breach: Govt promises prompt action
•The government today got cracking on the debit card fraud, asking banks concerned and RBI to submit report on the nature of security breach which compromised over 3.25 million cards and assured customers that strong action will be taken while their interests will not come to any harm.
Finmin raises serious concerns over Moody's methodology, says agency ignored reform steps
•Questioning the methodology adopted by Moody's, Finance Ministry today said the global agency has ignored reforms initiated by the government and it should not wait "till infinity" for them to take root before upgrading the country's sovereign rating.
Raghuram Rajan's successor this week, Arvind Panagariya frontrunner
•Rajan, who will have the shortest tenure as RBI Governor since liberalisation began in 1991, decided not to seek a second term
FIPB to consider 14 foreign investment proposals on June 10
•As many as 14 foreign investment proposals including that of IBM India, Janalakshmi Financial Services and Macmillan Publishers International will come up for consideration before the inter-ministerial body FIPB later this week.
FinMin, RBI keeping close watch on rupee movement: Govt
Fp Archives •With the rupee breaching the 68 mark against US dollar, Finance Ministry today said it is keeping a close watch, along with RBI, on the domestic currency's movement and hoped that market volatility will stabilise soon.