Oct 15, 2018 05:45 PM IST
Govt awaiting RBI and Subhash Garg-panel report on digital currencies to draw up a rule book on digital currencies
- Oct 13, 2018 04:13 PM IST
Garg expressed hope that the prudent policy measures being undertaken now will also help contain the stress, currently seen in financial condition tightening, and oil prices
- Oct 03, 2018 12:53 PM IST
Economic Affairs Secretary Subhash Chandra Garg had said in June if needed the government could raise funds through foreign currency non-repatriable (FCNR) deposits, sovereign bonds or other routes to increase forex reserves.
- Sep 28, 2018 08:01 PM IST
He further said that the reduction of Rs 70,000 crore would be managed by a mix of reducing buybacks as well as additional flows from small savings.
- Sep 26, 2018 05:04 PM IST
After the proposed strategic disinvestment of Air India did not find any takers in May, the government has been looking at ways, including sale of non-core assets, to bolster the carrier's fortunes.
- Sep 24, 2018 04:16 PM IST
"IL&FS is independent of government. It has independent board and shareholders. So, IL&FS needs to resolve its issues on its own and I think it is capable of doing it," Garg said in an interview.
- Sep 12, 2018 03:55 PM IST
In the morning trade, the rupee collapsed to a lifetime low of 72.91 against the dollar, amid surging crude oil prices and uanabated foreign fund outflows.
- Sep 06, 2018 04:30 PM IST
"Welcome 100 million dollar investment by a Temasek company in NIIF today in the Master Fund. This completes second close of NIIF," Garg tweeted.
- Sep 04, 2018 02:20 PM IST
Indian markets fell for the second straight day as fresh concerns emerged over a April circular issued by the Securities and Exchange Board of India that said foreign investment rules for companies of Indian origin had been tightened.
- Aug 29, 2018 09:24 PM IST
"I earnestly believe that this increase in oil prices is really temporary," Economic Affairs Secretary Subhash Chandra Garg told reporters here.
- Jun 01, 2018 08:04 AM IST
Asked about a mere 1 paise reduction in petrol prices announced by oil companies yesterday, Garg termed it "formula driven", but added that the trend for reduction had begun.
- May 03, 2018 06:55 PM IST
Economic Affairs Secretary Subhash Chandra Garg would meet ADB president Takehiko Nakao tomorrow where he would push for increasing the ADB's lending commitment to India.
- Apr 22, 2018 09:21 AM IST
"India is poised to remain as the fastest growing large economy in the world. In 2018, we expect India to grow at over 7.4 percent," Economic Affairs Secretary Subhash Chandra Garg told the 97th meeting of the Development Committee of the World Bank here on Saturday.
- Apr 17, 2018 07:25 PM IST
Economic Affairs Secretary Subhash Chandra Garg told reporters the government suspects that Rs 2,000 notes are being hoarded as they are not coming back into the circulation fast enough.
- Mar 26, 2018 01:55 PM IST
The country is well poised to click a growth rate of 7-8 percent and with focus on start-ups, MSMEs and infrastructure investment it can step on to higher growth pedestal, Economic Affairs Secretary Subhash Chandra Garg said.
- Feb 09, 2018 09:51 PM IST
Economic Affairs Secretary SC Garg said the MPC expects growth to accelerate in 2018-19, and inflation to converge back towards its target level in the second half of next fiscal, starting April 1.
- Feb 05, 2018 11:10 AM IST
"Fiscal Deficit at 3.3 percent for 2018-19, backed with statutory commitment to bring it down to 3 percent by 20-21 (might actually be achieved in 19-20) ..." Subhash Chandra Garg, the economic affairs secretary in the finance ministry, said in a Tweet.
- Oct 17, 2017 10:27 AM IST
Noting that India has no such framework for dissolving bankrupt and insolvent units, he said that the reform in this sector would bring in an state-of-the-art kind of system which works on strict and stringent timelines.
- Sep 28, 2017 07:08 PM IST
Economic Affairs Secretary Subhash Chandra Garg said that the government is unlikely to breach the fiscal deficit target during the current financial year.
- Aug 02, 2017 03:41 PM IST
The comments from Subhash Chandra Garg, economic affairs secretary in the finance ministry, came minutes after the central bank cut the policy repo rate by 25 basis points to 6 percent, the lowest since November 2010.
- Jul 12, 2017 12:53 PM IST
A 1983 batch IAS officer, from the Rajasthan cadre, Garg was World Bank executive director for Bangladesh, Bhutan, India and Sri Lanka prior to this appointment.