Latest News on Subhash Chandra Garg
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Subhash Chandra Garg - Total results - 30
Feb 07, 2019
RBI rate cut to boost economy by providing affordable credit to small businesses and homebuyers: Piyush GoyalRBI has reduced repo rate (at which RBI lends to banks) by 0.25 percent to 6.25 percent, a move that will translate into softening interest rates
Feb 05, 2019
Govt expects 7.5% economic growth in FY20; says Budget tries to cover a major portion of populationArray
Dec 26, 2018
RBI constitutes committee on Economic Capital Framework, appoints former governor Bimal Jalan as chairmanFormer deputy governor Rakesh Mohan has been appointed as vice chairman of the committee, the RBI said
Dec 19, 2018
Govt to seek interim dividend from RBI, says Economic affairs secretary Subhash Chandra GargEconomic Affairs Secretary Subhash Chandra Garg on Wednesday said the government will seek interim dividend from the Reserve Bank of India.
Dec 12, 2018
RBI board meeting of 14 December stands as of now, says Economic Affairs Secretary Subhash Chandra GargEconomic Affairs Secretary Subhash Chandra Garg on Tuesday said the 14 December RBI board meeting stands and there has been no change in the schedule so far.
Dec 05, 2018
November PMI data shows strong increase in business activity, augurs well for growth: Economic affairs secretary SC GargThe Nikkei India Composite PMI Output Index -- that maps both the manufacturing and services sector -- rose to 54.5 in November, pointing to the fastest expansion in private sector activity since October 2016, data released Wednesday showed
Nov 12, 2018
Urjit Patel met Narendra Modi, senior officials in PMO on 9 Nov amid face-off between RBI and finance ministryTensions between the RBI and the Centre escalated recently, with the finance ministry initiating discussion under Section 7 of the RBI Act which empowers the government to issue directions to the RBI Governor.
Nov 11, 2018
P Chidambaram attacks Centre for 'mounting pressure' on RBI despite claiming that its 'fiscal math is correct'Chidambaram said if the government did not need any more money this financial year, why was it "mounting pressure" on the central bank in the last four months of its tenure.
Nov 09, 2018
Govt not seeking Rs 3.6 lakh cr from RBI; misinformed speculation in media, says economic affairs secretary, S C GargEconomic Affairs Secretary Subhash Chandra Garg said the only proposal "under discussion is to fix appropriate economic capital framework of RBI."
Nov 07, 2018
Govt to continue pressing Reserve Bank of India for relaxing norms, funds to boost lendingThe reports of rift between the central bank and the government surfaced last month following which the finance ministry reportedly started discussion with the RBI under the never-used before Section 7 of the RBI Act.