Krishnamurthy Subramanian appointed as new Chief Economic Advisor
New Delhi: The Appointments Committee of the Cabinet (ACC) on Friday approved the appointment of Dr. Krishnamurthy Subramanian as the new Chief Economic Advisor (CEA) for a term of three years. Dr. Krishnamurthy More...
7th Pay Commission: Pay hike reality not as rosy as expectations
New Delhi: Central government employees pride themselves on being optimistic. But the Finance Ministry official, says that may not be such a good thing when it comes to thinking for pay hike beyond the recommendations More...
Govt does not need RBI funds yet: FM Jaitley
Mumbai: The government does not need money from the Reserve Bank of India (RBI) in the next six months, the finance minister said in a TV interview telecast on Friday, rejecting opposition charges the government More...
7th Pay Commission: Govt cancels pay raises for central employees
New Delhi: The Finance Ministry officials told The Sen Times the government doesn’t want to scrap a pay raise for central government employees, saying the the Reserve Bank of India (RBI) couldn’t More...
Top bureaucrat Adhia to demit office after 4 eventful years in finance ministry
New Delhi: Having played a key role in the rollout of the historic Goods and Services Tax (GST), Finance Secretary — top bureaucrat in the finance ministry — Hasmukh Adhia would be retiring on November More...
Finance Secretary Adhia to retire on Nov 30; Jaitley praises his contribution
New Delhi: Showering praise on Finance Secretary Hasmukh Adhia, who retires on November 30, Finance Minister Arun Jaitley Saturday said he was a no-nonsense civil servant who performed his job with professionalism.Finance More...
RBI, govt trying to reach common ground on some key issues
New Delhi: The government and Reserve Bank seem to be veering around to reach an agreeable solution particulary with respect of relaxation of the Prompt Corrective Action (PCA) framework and easing of lending norms More...
FM Jaitley says Mastercard, Visa losing out to local players in India
New Delhi: Finance Minister said on Thursday that Mastercard and Visa were losing market share to domestic payments networks, months after Mastercard complained to the U.S. government that Prime Minister Narendra More...
FM Jaitley hits back at RBI
New Delhi/Mumbai: Finance Minister Arun Jaitley blamed the Reserve Bank of India (RBI) on Tuesday for failing to stop a lending spree between 2008-2014 that left banks with huge bad debts, inflaming a row that recently More...
Modi has delivered blows to the economy: Cong
New Delhi: The Congress Sunday launched a scathing attack on the Centre over the falling rupee and accused Prime Minister Narendra Modi of “monumental mismanagement” of the economy and delivering blows More...
