Tag: Finance Secretary

Bhubaneswar: The State government today effected a minor reshuffle in bureaucracy by appointing senior IAS Tuhin Kanta Pandey as the Principal Resident Commissioner of Government of Odisha. As per a notification issued by the State government, 1987 batch IAS officer Pandey, who currently holds the post of Additional Chief Secretary, Finance department will be posted […]

New Delhi: Indian Finance Secretary Ashok Lavasa met major US-based funds and global institutional investors at a conference held in New York to woo investments into the country’s Banking, Financial Services and Insurance (BFSI) sector, an official statement said on Tuesday. “Finance Secretary Ashok Lavasa interacted with renowned US-based funds and global institutional investors with […]

New Delhi: Economic Affairs Secretary Subhash Chandra Garg, the senior-most bureaucrat in the Finance Ministry, has been named Finance Secretary. The Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi has approved designating Subhash Chandra Garg as the Finance Secretary. Former Finance Secretary Ajay Narayan Jha superannuated on February 28. A Personnel Ministry […]

New Delhi: Finance Secretary Subhash Chandra Garg said Saturday increased petrol and diesel prices after the duty hike will have “very marginal impact” on inflation and any worry on that front is immaterial. He also said the government expects Rs 90,000 crore from the Reserve Bank of India (RBI) as dividend during the current fiscal. […]

New Delhi: The government is targeting the second half of the fiscal year to raise funds through overseas bond sales, Finance Secretary Subhash Chandra Garg said. “We will target the second half,” Garg told IANS in an interview on being asked if this will happen this fiscal. The quantum, timing and number as well as […]

New Delhi: Several of ‘maharatna’ and ‘navratna’ companies, including ONGC, IOC, GAIL and NTPC, could soon become independent board-run entities outside the scrutiny of CAG and CVC if the government implements a proposal to take out the PSU tag from some of the entities after its shareholding falls below the threshold 51 per cent mark. […]

New Delhi: The government on Tuesday appointed Rajiv Kumar, Secretary, Department of Financial Services (DFS), as the new Finance Secretary. Kumar, a 1986 batch IAS officer of the Jharkhand cadre, replaces Subhash Chandra Garg, who was shifted to the Power Ministry as the Secretary. The Appointments Committee of the Cabinet has approved the appoinment of […]