Economic Affairs-secretary-shaktikanta-das

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Economic Affairs-secretary-shaktikanta-das - Total results - 13
Stock Market Latest Updates: RBI rate cut fails to cheer market; Sensex falls 131 points, Nifty holds 8,600-level after three-session rally
Business

Stock Market Latest Updates: RBI rate cut fails to cheer market; Sensex falls 131 points, Nifty holds 8,600-level after three-session rally

Stock Market LIVE Updates: Sensex jumps over 1,100 points, Nifty above 9,000-level; Rupee surges ahead of RBI governor's presser at 10 AM

RBI says new  Re 1 notes to be circulated soon, existing version to remain legal tender
India

RBI says new Re 1 notes to be circulated soon, existing version to remain legal tender

RBI will soon circulate new one rupee notes with a multicoloured look while the existing currency notes will also continue to be legal tender.

Demonetisation: Parliamentary panel to summon RBI Governor Urjit Patel again on 20 April
Business

Demonetisation: Parliamentary panel to summon RBI Governor Urjit Patel again on 20 April

A Parliamentary panel has decided to summon RBI Governor Urjit Patel again to explain how much of the junked currency has been deposited in banks post note ban and the progress made in remonetisation

No decision yet on imposing tax on cash transactions: Shaktikanta Das
Business

No decision yet on imposing tax on cash transactions: Shaktikanta Das

The Andhra Pradesh Chief Minister Chandrababu Naidu-headed committee on digitisation had in its report last month recommended a levy on cash deals beyond Rs 50,000 as it sought to discourage the use of physical currency.

Remonetisation nearly complete, cash withdrawal limit will go, says Shaktikanta Das
Business

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
Business

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
India

Demonetisation chaos gets deeper as Modi, Jaitley, Shaktikanta differ on I-T scrutiny

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

FinMin, RBI keeping close watch on rupee movement: Govt

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.